anyone have multifamily experience in San Antonio?

[Tom Lafferty]

Looked at 3 properties in SA this weekend and really like the city.  I got to meet and spend time with people very connected to the RE market and economy there, and I like what they were telling me.  All the data sources say San Antonio is lagging DFW/Houston/Austin in occupancy, but in 2008/2009 they were still 91% occupied-- thats really strong.  I've also spoken with several brokers, appraisers, PM's, and investors about cap rates, and they're pretty low for a city thats "lagging."  

Anyone have long term ownership/investment in a MF there?

[Juan Maldonado]

@Tom Lafferty, we have been pretty active in SA over the last 10 months closing on about 350 units. give me a shout if you want to discuss.

@Nick B., thank you for keeping me in mind.