The Thompson San Antonio – Riverwalk hotel is up for sale. The hotel has 162 rooms and 59 condos. The San Antonio Business Journal reports that affiliated lenders Sunrise Realty Trust and Southern Realty Trust have issued a default notice for the hotel portion of the building at 115 Lexington Ave., which the two refinanced with a $44 million loan in 2024. The building’s uses are split by a condominium agreement. Only the hotel portion is affected by the notice. DC Partners is the developer and is current owner.
The foreclosure auction is scheduled for March 3 at the Bexar County Courthouse.
DC Partners is an international real-estate investment and development firm based in Houston, specializing in luxury high-rise residential, mixed-use and hospitality projects. Founded in 2011, DC Partners has raised over $325 million in foreign investment and successfully completed 11 projects across Texas that total over 4 million square feet.
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