SPOTLIGHTS 2012

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SISCO-1314-35-10 4/13

MULTIFAMILY

Cevallos Lofts San Antonio, Texas, USA

Owner San Antonio Housing Trust Finance Corporation

Developer The NRP Group, LLC

Architect Alamo Architects

Builder NRP Contractors, LLC

Financing 4% LIHTC; Tax-Exempt Bonds; City of San Antonio HOME & Neighborhood Stabilization Program (NSP); American Recovery Reinvestment Act (ARRA)

Title Insurance Stewart Title Guaranty Company, National Title Services, Houston, Texas

Jose Menendez, Vice President, Business Development Officer

The atmosphere in the urban core of San Antonio is becoming warmer and more inviting thanks to new developments like Cevallos Lofts. This four-acre property is just south of downtown San Antonio, Texas, and has spurred much excitement in the area.

The development consists of 252 units. Sixty-three units are reserved for residents who earn less than 50% of the median income, and 63 units are for those earning less than 80% of the median income. The remaining 126 units are offered at market rate rents.

Cevallos Lofts offers an assortment of amenities, including a beautifully landscaped courtyard, dog park, concierge services and multiple health fitness spaces. The development also includes a clubhouse, meeting spaces, a business center with high-speed Internet access and a resort style swimming pool with a sundeck. The building sits on a below-ground parking garage that covers roughly six acres. Art galleries, restaurants, hike/bike trails and the River Walk surround the area.

Cevallos Lofts is an NAHB Bronze Certified green building and was awarded Best Garden Apartment Community (four stories and under) for the 2012 Multifamily Pillars of the Industry Awards.