WEST PALM BEACH, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. ("SRT" or the "Company") today announced that it originated and an affiliate of SRT agented a senior loan in the aggregate amount of $42.0 million for the refinancing of the Thompson San Antonio Hotel (the "Project"). The Sponsor is DC Partners, a Houston-based real estate development and investment firm specializing in luxury high-rise residential, mixed-use, and hospitality projects. This marks the second transaction that SRT has completed with DC Partners. The Thompson San Antonio Hotel, located at 115 Lexington Avenue in San Antonio's Art District, is part of a 20-story mixed-use development completed in 2020. The Project overlooks the San Antonio Riverwalk and is near attractions such as the Tobin Center for the Performing Arts. Spanning almost 140,000 square feet, the Project features 162 luxury hotel rooms and offers a range of amenities including two restaurants, a full-service spa, a gym and 5,000 square feet of conference facilities. As the seventh most populous city in the United States, San Antonio boasts a growing economy and hosts ...