Several San Antonio properties owned by a local doctor-investor have been listed for foreclosure, a TV reporter has announced her exit from a local station, and federal regulators fined Texas’ grocery giant after a worker’s death. These were the most-read stories this week:
San Antonio doctor-investor faces foreclosure on five properties
Lenders posted five San Antonio properties tied to Dr. Sanjay Misra for foreclosure auction, including office buildings, a hotel and a shopping center. The assets carried a combined appraised value of about $36.2 million while loans tied to them exceeded $39 million. The actions came as older offices struggled with high vacancies and hotels faced rising costs and softer occupancy. Misra did not comment and the cause of the defaults remained unclear, while his wife Swapnil Misra appeared as a principal in most of the entities. He previously settled a lawsuit with State Farm by agreeing to pay $314,000, and his lawyer said there was no finding of liability.
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KSAT12’s Avery Everett departs after three years in San Antonio
KSAT12 journalist Avery Everett announced she was leaving the San Antonio station after three years. She called her time in the city unforgettable and thanked the community for welcoming her and trusting her storytelling. Before KSAT12, she worked at NBC-affiliate KOMU 8 News in mid-Missouri and earned degrees in broadcast journalism and political science from the University of Missouri. Station representatives praised her work ethic and integrity, saying she made a lasting impact on San Antonio and South Texas. Everett said she was excited for her next chapter even as saying goodbye proved difficult.
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Spring rains ease San Antonio drought, but lakes lag
San Antonio emerged from an exceptionally dry stretch into its wettest spring in a decade, recording 13.71 inches of rain, about 50% above average. Drought conditions improved to moderate, a two-step upgrade. Despite the rain, Canyon Lake and Medina Lake posted only modest gains. Below-average rainfall in parts of the Hill Country limited Guadalupe River inflows that feed Canyon Lake. Lake Corpus Christi improved the most, rising nearly 6 feet to about 23.5% capacity, its highest level in more than a year…