SAN ANTONIO, Jan. 10, 2024 – JLL’s Hotels & Hospitality group announced today that it arranged the sale of the historic El Tropicano River Walk Hotel, the first purpose-built hotel located on San Antonio’s famed River Walk.
JLL worked on behalf of the seller, El Tropicano Hotel LLC, and procured the buyers, Trestle Studios, Sopris Capital and The Town Lake Company.
Located in the heart of San Antonio’s renowned River Walk district, this iconic property presents a unique investment opportunity in one of the fastest-growing cities in the United States. The 308-room hotel resides on a prime location in the north Riverwalk corridor. With over 400 feet of Riverwalk frontage, the hotel will serve as the social cornerstone in the burgeoning north Riverwalk district.
The JLL team was led by Vice President Steve Leslie and Managing Director Chris Dewey.