Parse Capital Makes $13.5 Million Preferred Equity Investment in San Antonio, Texas Multifamily Development

November 2015 – Parse Capital (“Parse”) has made a $13.5 million preferred equity investment in the development of Ridgeview at the Rim (“Project”), a luxury podium apartment project in The Village at The Rim Masterplan (“RIM PD”), northwest of downtown San Antonio, Texas. Once complete, project will consist of 310 luxury rental units in a seven-story podium multifamily housing community.