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Welcome to The San Antonio Newsletter!

In today’s edition:

• 800-acre ranch in Medina features 10,000-square-foot luxury home.

• Upcoming San Antonio Missions match

• A deep-dive into the life of John Twohig

• And more…

Quote of the Week

“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” 

–Pele

Sponsored

Investors have trusted this platform with +$1bn - here’s why

Through COVID, soaring inflation, and today’s crushing interest rates, a group of enterprising investors have collectively entrusted one billion dollars from their portfolios to Masterworks’ art investing platform.

Why? Because the contemporary art Masterworks offers—from legends like Picasso and Banksy—has demonstrated a low correlation to the stock market, inflation resistance, and exceptional appreciation potential. Not to mention Masterworks has completed 23 successful exits to date, distributing over $60+ million in net proceeds to investors in those offerings.

These investors didn’t need art expertise to diversify with blue-chip art, because Masterworks does all the heavy lifting, finding artists with appreciation potential (buying <3% of works offered) and then breaking an art offering into shares for you. If Masterworks sells a piece again for a profit, investors get a return. With 3 illustrative sales, Masterworks investors have realized net annualized returns of +17.6%, +17.8%, and +21.5%.

With 65,000+ investors, offerings can sell out quickly. Luckily, you can get priority access here.

Past performance is not indicative of future returns. Investment involves risk.

Disclosures:

The content is not intended to provide legal, tax, or investment advice.

No money is being solicited or will be accepted until the offering statement for a particular offering has been qualified by the SEC. Offers may be revoked at any time. Contacting Masterworks involves no commitment or obligation.

Contemporary art data based on repeat-sales index of historical Post-War & Contemporary Art market prices from 1995 to 2023, developed by Masterworks. There are significant limitations to comparative asset class data. Indices are unmanaged and a Masterworks investor cannot invest directly in an index. 

Net proceeds distributed back represents the total liquidation proceeds distributed back to investors, net of all fees, expenses and proceeds reinvested in Masterworks offerings, of all works Masterworks has exited to date.

See important Reg A disclosures at masterworks.com/cd.

Trivia

What San Antonio neighborhood, known for its trendy shops, historic homes, and popular restaurants, is often frequented by locals and tourists alike?

A) The Pearl District

B) Southtown

C) Alamo Heights

D) The King William District

Answer to Last Week's Trivia:

The iconic building in San Antonio, designed by O'Neil Ford, known for its unique circular structure and serving as a library and museum is A) The Central Library.

News

💼 Business

Brooks, NRP Group move forward on $78M South Side development. (Link)

800-acre ranch in Medina features 10,000-square-foot luxury home. (Link)

🏒 Sports

Daniel Jones picked off twice in 1st game since ACL injury as Giants fall to Texans 28-10. (Link)

Smithson Valley Rangers aim for district title despite losing key starters from last season. (Link)

🏦 Finance

5 things to know about San Antonio’s nearly $4B budget proposal. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

⚾ Midland RockHounds at San Antonio Missions
Nelson W. Wolff Municipal Stadium, San Antonio
Tue, Aug 27th - Sun, Sept 1st | (More info)

⚾ Springfield Cardinals at San Antonio Missions
Nelson W. Wolff Municipal Stadium, San Antonio
Tue, Sep 10th - Sun, Sep 15th | (More info)

Music & Concerts

🎵 Sunny Sweeney
Sam's Burger Joint, San Antonio
Sunday, Aug 25th | (More info)

🎭 Ian Fidance
Laugh Out Loud! Comedy Club, San Antonio
Saturday, Aug 24th | (More info)

Family

🎵 Family Story Time
4134 Harry Wurzbach Rd, San Antonio
Thursday, August 22nd | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “San Antonio where architecture is inspired by different musical genres” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

San Antonio Historical Events

San Antonio's First Fiesta (1891): Starting a tradition celebrating the city's rich culture.

San Antonio's First Fiesta took place in 1891, marking the beginning of a tradition that celebrates the city's rich culture and history. The event was inspired by the heroes of the Alamo and the Battle of San Jacinto, with a group of citizens coming together to honor their bravery. The first Battle of Flowers parade, held in 1891, was a small but significant event that captured the spirit of the city and its people. This inaugural celebration laid the foundation for what would become an iconic and beloved tradition in San Antonio.

The Battle of Flowers parade, which marked the beginning of Fiesta, quickly gained popularity throughout San Antonio. It was a heartfelt tribute to the brave men who fought at The Alamo and San Jacinto, and it set the stage for future Fiesta events. Over the years, Fiesta royalty was introduced, and new traditions and events were added, making Fiesta an integral part of San Antonio's cultural identity. The spirit of community, heritage, and celebration that began with the first Fiesta in 1891 continues to thrive and unite the people of San Antonio to this day.

Today, Fiesta San Antonio is a weeklong festival officially declared by the Fiesta San Antonio Commission. It encompasses a wide range of events, including parades, music, food, and cultural celebrations that showcase the diversity and vibrancy of the city. The first Fiesta in 1891 laid the groundwork for this annual extravaganza, and its legacy lives on as a testament to the enduring spirit and heritage of San Antonio.

Famous People From San Antonio

John Twohig - (1806–1891)

John Twohig, a prominent San Antonio merchant and banker, was born in Cork County, Ireland, in April 1806. His life's work and contributions have left an indelible mark on the city of San Antonio, Texas.

Early Ventures and Arrival in San Antonio

After serving as an apprentice on a British merchant vessel and engaging in coastwise trade between New Orleans and Boston, John Twohig established a mercantile business in San Antonio, Texas, in 1830. His arrival in San Antonio marked the beginning of a legacy that would shape the city's commercial landscape.

Siege of Bexar and Community Engagement

John Twohig actively participated in the siege of Bexar in 1835, demonstrating his commitment to the community and the region's historical events. His involvement in this pivotal moment in Texas history showcased his dedication to the city and its people.

Expansion and Business Success

Twohig's mercantile business flourished, and he engaged in extensive trade with Mexico, shipping his goods in mule-drawn prairie schooners. His entrepreneurial spirit and business acumen contributed to the economic growth and development of San Antonio, establishing him as a key figure in the city's commercial landscape.

Transition to Banking and Philanthropy

In 1869, John Twohig transitioned exclusively to banking, establishing a bank on the corner of Commerce and Soledad streets at Main Plaza. His foray into banking further solidified his influence in the financial sector and allowed him to contribute to the city's economic stability. Additionally, Twohig's philanthropic endeavors, including his support for education and his patronage of the Brothers, reflected his commitment to the betterment of San Antonio's community.

Legacy and Historical Significance

The house of John Twohig, built in the early 1840s, stands as a testament to his historic and colorful past. His contributions to the city of San Antonio have left an enduring legacy, shaping the city's economic, cultural, and educational landscape for generations to come.

Key Achievements of John Twohig:

• Established a successful mercantile business in San Antonio, contributing to the city's economic growth.

• Participated in the siege of Bexar, showcasing his commitment to the community and the region's historical events.

• Transitioned exclusively to banking, further solidifying his influence in the financial sector.

• Supported education and philanthropic endeavors, leaving a lasting impact on San Antonio's community.

• Remembered as a prominent San Antonio merchant and banker, John Twohig's legacy continues to inspire future generations, shaping the city's historical and cultural narrative.

John Twohig's story is one of entrepreneurial success, community engagement, and philanthropic contributions, leaving an enduring mark on the city of San Antonio, Texas.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

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