GenCap Inks $46.5M Refi for Westover Hills Apartments
GenCap Partners has obtained a $46.5 million loan to refinance the recently completed Park at Westover Hills Apartments in San Antonio, Texas. Completed in 2025, the Park at Westover Hills is a Class A+ multifamily community consisting of 14 buildings and 372 units at 4103 Rogers Road in San Antonio.
The project consists of studio-3-bedroom units, with unit sizes ranging from 595 to 1,693 square feet. Rents range from $1,207 – $2,673.
The property is located in San Antonio’s Far West submarket, with local access to SeaWorld, the Hyatt Regency Hill Country Resort and Spa, Alamo Ranch Marketplace, H-E-B and Lackland Air Force Base.
A Walker & Dunlop Capital Markets Real Estate Finance team led by Stuart Wernick and Drew Garrison arranged the refinancing with a floating-rate interest-only bridge loan provided by Geoff Smith and Mike Dunsheath of Walker & Dunlop Investment Partners (WDIP).
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout