94
SAN ANTONIO — Hendricks-Berkadia has arranged the sale of Churchill Park, a 392-unit apartment community located at 1200 Patricia Drive in San Antonio. Mike Miller, Chris Ross and Will Caruth of Hendricks-Berkadia's San Antonio office negotiated the transaction between the seller, Centennial, Colo.-based Churchill Partners LLP, and the buyer, a private investor from California. According to Hendricks-Berkadia, the San Antonio metro vacancy rate for multifamily properties declined to 2.5 percent by the end of 2012 and rents advanced 1.2 percent to an average $746 per month.