Union Park & Union Pines
In June 2024, the Paths team secured a combined $35 million in financing to rehabilitate two affordable housing apartment complexes in San Antonio, TX: Union Park and Union Pines. These financings will allow much needed renovation of apartment interiors, kitchens, and bathrooms for 252 homes, the replacement of appliances and mechanical systems with upgraded energy efficient models, and the installation of cutting-edge security systems operated by Reliant Safety LLC.
Congratulations to the entire Paths team who completed two complicated financings at the same time! We’d like to thank all our many partners for their tireless efforts in assisting with this financing: Opportunity Home San Antonio, Texas Department of Housing and Community Affairs, Freddie Mac, Merchants Capital, Walker & Dunlop Affordable Equity, Evolve Architects, Locke Lord, Paths Construction, and Paths Management Services.