(SAN ANTONIO, TX) – Rycore Capital, on behalf of a client, sold a ~20,000 Class A multi-tenant retail property in San Antonio, Texas. The property is a single building multi-tenant retail center located next to the high-end Dominion master-planned country club community.
Rycore Capital completed this transaction through its direct investment advisory business and provided a turnkey suite of services to the venture, including asset management, property management, and advisory support on operating and financial matters. This integrated approach helped streamline operations, enhance asset performance, and achieve the venture’s investment objectives.
Adrienne Collins of Porter Hedges LLP represented the seller as legal counsel.
“We are pleased to have successfully completed the sale of Dominion Creek,” said Ryan Urech, Founder and CEO of Rycore Capital. “Our objective from the outset was to provide our client with direct ownership of a high-quality real estate asset while leveraging Rycore’s acquisition, asset management, and operational expertise. Through active management and execution of our business plan, we were able to create a successful outcome for our client, and we are grateful for the opportunity to have been their trusted partner throughout the investment.”
About Rycore Capital LP
Rycore Capital LP (the “Firm”) is a Houston-based real estate investment manager with approximately $413 million AUM, 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.