Avison Young (“AY”), on behalf of Escalera Capital (“Sponsor”), is pleased to present an opportunity to provide bridge financing for La Villita Assembly Hall, a ±44,993 SF adaptive re-use development located in downtown San Antonio, Texas. Originally constructed in 1958, the Assembly Hall has long served as a vital hub for civic engagement and community celebration. The Sponsor’s conviction in this opportunity is driven by the irreplaceable
positioning of a historically significant, culturally iconic asset located directly along the world-renowned San Antonio River Walk.
Escalera Capital (“Sponsor”) acquired the property and will lead the renovation which includes a Food Hall project in partnership with Onset Hospitality that will be the first food hall on the San Antonio River Walk. As downtown San Antonio undergoes a remarkable renaissance with more than $5 billion planned investment in housing, infrastructure, and sports venues, the Assembly Hall is set to elevate the River Walk experience and reinforce San Antonio’s standing as a world class destination for food, culture and hospitality.