(SAN ANTONIO) – The PPA Group’s Aviator at Brooks took home the award for Best Multifamily Development Wednesday night at the San Antonio Business Journal’s Best in Commercial Real Estate Awards.
“Thank you to all those involved with bringing Aviator at Brooks to fruition, and to the Business Journal as well as the City of San Antonio for recognizing what a special community Aviator has become,” said The PPA Group Founder and CEO Monte Lee-Wen. “This was an important project for us and we are thrilled that others are recognizing how unique this apartment community is.”
According to the San Antonio Business Journal, the event “recognizes those individuals in the commercial real estate industry that take the risk to advance, preserve or positively change our community. The award for Best Multifamily Development is presented each year to the “most impactful multifamily development project, whether new or rehab.” The development team behind Aviator at Brooks includes The PPA Group, 210 Development Group, Catamount Constructors, Mark Odom Studio, Big Red Dog, MP Studio Landscape Architecture, and others.
Under the care of CLEAR Property Management, apartments at Aviator at Brooks became available to lease in June 2016. The Aviator apartment community is rich in history, as it incorporates adaptive re-use of former U.S. Air Force barracks and dining hall with newly developed buildings. Three former barracks were transformed into studio, one, and two-bedroom apartments, each with its own unique historical details. The former dining hall was converted into a spacious clubhouse, while seven additional buildings were built on the property housing one to three bedroom apartments, along with a limited number of townhomes with garages.
Developed in 1917, Brooks Field (later Brooks Air Force Base and now Brooks) is where aviator pioneers like Charles Lindbergh earned their wings. The breakthroughs that took place at the U.S. Air Force School of Aerospace Medicine includes the development of high altitude pressure suits for the nation’s space program. Hangar 9 is one of the original hangars built for World War I at Brooks Field and is the last remaining wooden hangar in the U.S. Air Force. Additionally, President John F. Kennedy toured Brooks Air Force Base and gave a historical speech to a crowd of 10,000 people the day before he died.
About The PPA Group
Austin, Texas based The PPA Group began in 2002 with a vision to help individual investors build wealth through commercial real estate investments. Founder and CEO Monte K. Lee-Wen built The PPA Group and turned it into a successful multi-faceted commercial investment and servicing corporation in just 15 years. Despite the changes in the financial markets, The PPA Group’s family and its portfolio of clients continue to grow. The PPA Group ranked 11th in INC. Magazine’s annual ranking of the Fastest Growing Real Estate Companies in the country in 2011, climbing up from 47th place in 2010. As the parent company of a property management firm (CLEAR Property Management) and discretionary funds firm (Casoro Capital), The PPA Group is in a position to create opportunities for investors to enjoy all the benefits of multifamily real estate ownership. For more information, visit www.ThePPAGroup.com.
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