Placemakr, a flexible-use hospitality and multifamily operator, announced the continuation of its national expansion with the launch of its first blended apartment-hotel property in San Antonio, Texas. The Maverick, powered by Placemakr will be the first of its kind in San Antonio, providing its guests and residents with the brand’s signature experience of transforming a single-use multifamily building into a blended experience featuring home and hotel within a single building. Placemakr is partnering with AREA Real Estate, one of San Antonio’s most prolific and innovative developers, to bring this product offering to the state of Texas.
“We’re thrilled to be partnering with Placemakr to merge its innovative and signature experience with the iconic history of The Maverick,” said David Adelman, Principal at AREA Real Estate. “We’re always looking for ways to provide innovative solutions in commercial real estate. This partnership is the ideal solution to modernize this historic property and meet the rising demand in the San Antonio area.”
“These are exciting times for Placemakr, as it represents our commitment to bringing our signature experience across the country,” said Jason Fudin, CEO of Placemakr. “We’re invested in innovation in the hospitality space and believe that this blended experience of apartment and hotels is the future of the industry. We’re excited to continue our expansion while simultaneously bringing in top talent to our C-suite to ensure that the experience we deliver is best in class.”
