The Loren Group Purchased Thompson San Antonio Hotel
The property was sold by Sunrise Realty Trust for $41 million in a deal finalized this October.
Updated on Oct. 13, 2026 in Hospitality
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Sunrise Realty Trust has completed the sale of the Thompson San Antonio hotel to The Loren Group for $41 million. The transaction structure included $9 million in cash and a $32 million senior loan.
Why it matters
The sale allows the new owner to initiate a significant capital improvement plan for the luxury property. The transition follows the seller's period of ownership which began after a foreclosure process earlier this year.
The hotel features 162 rooms across 140,000 square feet of space. The purchaser, The Loren Group, plans to invest an additional $10 million in capital improvements for the development.
The players
Sunrise Realty Trust
This real estate investment firm is headquartered in West Palm Beach, Florida.
The Loren Group
This organization manages a portfolio of hospitality assets including locations in Austin and Bermuda.
The details
The transaction involved a joint venture where Sunrise Realty Trust held a 65% ownership stake, resulting in a share of approximately $26.7 million of the purchase price. The building, completed in 2020 as a 20-story mixed-use project, serves as a prominent fixture in the San Antonio hospitality market.
Timeline
The 20-story mixed-use development was completed in 2020.
Sunrise Realty Trust acquired the property through foreclosure in March 2026.
The sale of the hotel to The Loren Group officially closed on October 13, 2026.
The Loren Group anticipates opening a separate property in Turks and Caicos in 2027.
Market Landscape
This divestment follows the post-foreclosure commercial real estate turnover cycle of 2026. The move allows institutional investors to rotate capital as private equity firms continue to acquire hospitality assets in high-growth urban markets.
Guests and local patrons can expect operational changes as the new owner begins a $10 million capital expenditure program on the premises. These upgrades may impact facility availability or amenities during the construction period.
The takeaway
The sale highlights the ongoing stabilization of the commercial real estate market following recent foreclosure cycles. Buyers focusing on luxury hospitality assets are currently prioritizing properties with clear paths for value-add renovations.
What happens next
The Loren Group is scheduled to open its upcoming property in Turks and Caicos in 2027.
Further reading
For more background on regional developments, visit the San Antonio Hospitality section.
More information
Find further details in the Sunrise Realty Trust company information.
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