RangeWater Real Estate broke ground on a 154-unit townhome project called Caliza at the Loop positioned on 16.53-acres in San Antonio.

This will be RangeWater's second community in San Antonio, but first ground-up development. Both properties in San Antonio are part of RangeWater's Storia division, a platform actively deploying capital across the Sunbelt to deliver build-to-rent single-family residential homes. Caliza at the Loop is located on the Texas State Highway Loop 1604, an outer highway loop that encircles the growing Texas metropolis, a 12-minute drive from the airport, 20 minutes from downtown and near employers such as USAA, H-E-B, Wells Fargo, Harland Clarke, J.P. Morgan, Rackspace Technology, and three military bases.

On San Antonio's 1604 Loop, Caliza's 154 townhomes will average 1,600 square feet with 3-bedroom, 2.5-bathroom floor plans. RangeWater anticipates first move-ins for May 2023.