Today, Roers Companies acquired Rosemont at University Park through a partnership with San Antonio Housing Authority. The 240-unit affordable housing community was built in 2006 and includes eight residential buildings plus a central clubhouse and amenity area. A renovation is planned for early 2023 to upgrade the clubhouse and site amenities, unit interiors, and more.
This is Roers Cos. second acquisition-renovation property in Texas in 2022, with the first being The Summit at Bennington in Houston.