Hilco Real Estate Announces Bid Deadline for Four-Property Portfolio in New Braunfels
Hilco Real Estate is accepting bids until September 22 for a four-property portfolio along the Guadalupe River near New Braunfels, Texas. The assets are being offered through a Chapter 11 bankruptcy sale and include an outdoor amphitheater, vacation rental cabins, riverfront condos, and commercial properties with recreational offerings. The portfolio is situated in a growing tourism corridor that attracted over six million visitors in 2024 and generated $1.3 billion in economic impact. The area's population has grown by approximately 35.5% since 2020 to an estimated 122,492 residents. The centerpiece is the Whitewater Amphitheater, a well-known venue with notable performances from artists like Bob Dylan and Willie Nelson. Other properties include short-term rental cabins and commercial spaces featuring river tubing operations and restaurants.
Topics: bankruptcy entertainment_assets investment_opportunity