(HOUSTON, TX) – Rycore Capital, on behalf of an investor, acquired a newly constructed ~20,000 Class A multi-tenant retail property in San Antonio, Texas. The acquisition was completed through its direct investment advisory business.
Rycore Capital will provide asset management services to the new venture and advise on operating and financial matters. The property is a single-story multi-tenant retail strip center with an array of e-commerce resistant tenants serving the surrounding area.
“The Rycore Private Client offering continues to provide opportunities to investors that want to own real estate assets without the hassle of managing the daily responsibilities. We are excited to execute on this transaction and look forward to the financial oversight services going forward”, said Ryan Urech, Founder and CEO.
About Rycore Capital LP
Rycore Capital LP (the “Firm”) is a Houston-based real estate investment manager, focused on acquiring, leasing and managing income producing properties that deliver superior real estate solutions to our tenants while providing our investment partners with some of the most consistent value-add, core-plus and core returns. The Firm offers two investment platforms to investors: Fund Management and Direct Investment Advisory. The Firm aims to provide a solution with its institutional quality real estate investment management process to high net worth, family office and institutional investors. For more information regarding Rycore, visit the Company’s website at www.rycorecapital.com.