New $12.8M build-to-rent community headed to San Antonio-area town

A rendering of Apollo Oaks, a project by CPI Capital and Invest5S is shown.

More options for rentals are headed to San Antonio. Amid San Antonio’s growing population, there’s an increased need for affordable housing. As of June 2025, the city’s housing authority reports one-third of households spend more than 30% of their income on housing—leaving limited funds for essentials like food, healthcare and transportation. With more than 90,000 households falling in this category, budget-friendly rental options like the upcoming build-to-rent community in San Antonio’s Far Northwest Side aim to ease the burden on Texans.

A new housing development, Apollo Oaks in Helotes, will bring 30 new duplexes to the market by the end of May 2026. The $12.8 million-dollar project is backed by Canadian-based real estate investment firm CPI Capital, in partnership with San Antonio-developer Invest5S. The companies closed the deal in late April, despite escalating trade tensions and tariff-related challenges between Canada and the U.S.

(L-R): Paul Hopkins, CPI Capital VP of Investments, Clay Schlinke, member of Invest5S, and August Biniaz, CPI Capital Chief Investment Officer, are shown.

“As a Canadian firm investing in U.S. real estate, we’re seeing firsthand how policy decisions—like tariffs—create ripple effects that go far beyond the intended targets,” August Biniaz, co-founder and chief investment officer of CPI Capital told MHN.com. “We’ve seen approximately a 20% drop in interest from Canadian investors and (our) numbers,” Biniaz said. “It’s rooted in a shift in sentiment.”

Questions and answers have been lightly edited for length and clarity.