Basilla Frocks

San Antonio, TX

The Basilla Frocks building was originally constructed in 1929 and was used as a garment production shop for years. The substantial renovation into office and retail uses in the lower income neighborhood is transformational. The redevelopment was completed in 2026 and includes outdoor activity space.

Services:  General Consulting, Ownership Structuring, Tax Structuring with NMTCs, Financial Modeling, State HTC Investor LOI Review, Cost Certification, Tax Compliance Assistance

Total Development Costs:

~$7.4 million

Project Sources:

20% Federal Rehabilitation Tax Credits, State Historic Tax Credits, NMTC Leverage Loan as the Construction/Bridge Loan, City Grants, and Owner Equity
© 2026 Bracket Partners, LLC.
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Download the Basilla Frocks Case Study