KALTERRA CAPITAL PARTNERS ANNOUNCES SALE OF MCCARTY COMMONS

KALTERRA CAPITAL PARTNERS ANNOUNCES SALE OF MCCARTY COMMONS

San Marcos Daily Record

McCarty Commons, a 249-unit apartment complex located off McCarty Lane in San Marcos, Texas, is one of three ground-up multifamily developments that Kalterra Capital Partners expects to sell in 2021. The 10.4-acre, Class A luxury apartment complex serves the growing demand of multifamily living near Texas State University. “Kalterra is proud to complete the sale of out first multifamily development in San Marcos, Texas,” said Clint Nolen, managing partner and co-founder of Kalterra Capital Partners. The urban inspired layout, combined with a modern Hill Country design, and luxurious interior and exterior finishes was designed to meet the needs of a variety of professionals and university students surrounding the San Marcos area. “As job growth and demographics continue to point towards increased renter demand in Texas, we continue to seek opportunities to provide much needed supply of high-quality multifamily housing,” continued Nolen.

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