Austin
NAPA Ventures Unloads 700 Units
NAPA Ventures LLC sold four assets from its portfolio, totaling 700 units. The Austin-area company disposed of: Ravenwood Apartments, 2333… Read more
One Real Estate Investment Sells Winding Trails as Value-Add Play
One Real Estate Investment of Miami, FL sold the 438-unit, Class B Winding Trails apartment complex in southwest Houston. The… Read more
Sheraton Austin Georgetown Obtains LEED Silver, New Construction Designation
The Sheraton Austin Georgetown Hotel & Conference Center achieved LEED Silver Certification for New Construction. The 222-room hotel at 1101… Read more
Cielo Property Nabs CBD Acreage from the Episcopal Church
Cielo Property Group struck a deal with the Episcopal Church to acquire approximately 1.6 acres in downtown Austin. The site… Read more
Estates at San Antonio Sells to Preiss Co.
The Preiss Co. acquired the Estates at San Antonio, a 288-bed, 102-unit, 58-building, off-campus student-housing complex that serves students attending… Read more
Business-Cycle Index Increases 7.4%, Increase Exceeds LRA
The Austin Business-Cycle Index expanded at a 7.4% annualized rate in November 2018, above the long-run average of 6%. The… Read more
RedLeaf Properties Selected as Bell Boulevard District Developer
RedLeaf Properties has been tapped as master developer for the Bell Boulevard District redevelopment project in Cedar Park, TX. The… Read more
RapidDeploy Relocates HQ, Plans U.S. Expansion
Local talent and a tech emphasis prompted South African company RapidDeploy to relocate its headquarters to Austin. The emergency dispatch… Read more
Bellwether Enterprise Secures $50M in Financing for Affordable Housing
Bellwether Enterprise Real Estate Capital LLC closed $49.3 million in acquisition financing for two affordable multifamily properties in Austin. The… Read more
Capital Improvements Underway on 333 Place Apartments
Joseph Companies acquired the 333 Place Apartments in San Antonio from an entity in Schertz, TX, and has launched significant… Read more
Capital Commercial Now Owns Bank of America Building
Capital Commercial Investments acquired the Bank of America building at 6400 Legacy Dr. in Plano, TX. The Austin-based buyer acquired… Read more
Retail: Texas Annual Rent Growth Positive
Reis Inc.’s preliminary Q4 2018 report noted that, nationwide, retail vacancy rates remained unchanged quarter over quarter, while rent growth… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Coming to Hays County: Driftwood Golf & Ranch Club
Arizona developer Discovery Land Co. LLC unveiled plans to build the Driftwood Golf & Ranch Club in northern Hays County,… Read more
Flintco Wants More Space, Signs Relocation Lease
Flintco LLC, requiring more space, signed a lease for 14,373 square feet at the Overlook at Barton Creek, 317 Grace… Read more
Ridgemont Properties Proposes Office Development
San Antonio developer Ridgemont Properties unveiled plans for 200 Austin Highway, a 30,502-square-foot, four-story office building near Broadway, in Alamo… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Austin Soccer Deal Finalized — At Last
The city of Austin and Precourt Sports Ventures finalized a lease and development deal for McKalla Place, a 24-acre, city-owned… Read more
$250K Investment Helps Spur Affordable AHA! at Briarcliff Construction
Austin Community Foundation invested $250,000 in the Texas Housing Impact Fund. The money is earmarked to close a funding gap… Read more