News Topic: hospitality and lodging markets

Mortgage and Finance News: (SAN ANTONIO, Texas) Lawrence, New York based Jacobs Real Estate Advisors is pleased to announce the sale of Navona @ Live Oak Apartments, a 104-unit Class B multifamily community located in San Antonio, Texas. Originally developed and operated as a Hawthorne Extended Stay Hotel, the property was acquired by Jacobs in 2013 and underwent a repositioning project to convert the property to multifamily use.