Austin
Office Occupancy Climbs Above 50% for the First Time Since Pandemic Began
Office occupancy rates for the week ended Jan. 25 in the 10 metro areas tracked by Kastle Systems passed 50%… Read more
CBRE Appoints New Multifamily Leader
Kelli Carhart has been appointed to the position of Executive Managing Director and leader of Multifamily Capital Markets for the United States.… Read more
TerraCap Buys Two Rental Communities With Assist of $111M Loan
TerraCap Management has increased its holdings in the Austin area to over 1,000 units, after recently buying two Pflugerville properties.… Read more
Comunidad Partners Receives $400M TAC Financing
Newmark has secured a $400 million Tenant Advancement Commitment (TAC) on behalf of San Diego-based affordable housing investment firm Comunidad… Read more
Travis County OK’s $35M for Homeless Housing
Travis County Commissioners approved the contract with nonprofit Mobile Loaves & Fishes (MLF) that will go toward housing people experiencing… Read more
Austin-Based Tesla Moving Forward on New $3.6B Battery Plant in Nevada
Tesla’s Elon Musk said on Tuesday that the Austin-based company will spend $3.6 billion for a plant dedicated to making… Read more
Tioga Capital’s Third CRE Investment Fund Closes Oversubscribed at $80M
Atlanta, GA-based Tioga Capital, LLC, a multi-strategy real estate investment firm, has closed its third fund with $80 million in… Read more
The Morgan Group to Build $70M Project in Austin’s Domain
Houston-based Morgan Group has plans to build its Pearl Burnet MF development on an acre at 11901 Burnet Road. It… Read more
Austin Builders Raise Their Sights on New High-Rises
Thanks to a recent City of Austin zoning change, area developers can reach even higher into the clouds. The City… Read more
Public/Private Partnership Building $53M Austin Affordable Housing Project
The development is a partnership between the city of Austin’s Housing Finance Corporation, Missouri-based housing developer The Vecino Group and… Read more
Manor Texas Site for Two New Hotels
Manor has tripled in size since 2010. It’s location just outside Austin, where a number of high tech behemoths are… Read more
Northmarq’s Chicago Office Adds Senior Associate
Northmarq’s Chicago office has added Jack Collins as senior associate – commercial investment sales. Collins specializes in the disposition and… Read more
Presidium Building Amenity-Rich Apartment Project in Austin
The Presidium Group has started work on Presidium Tech Ridge, a 358-unit luxury apartment complex in Northeast Austin. The four-story… Read more
Stream Realty Partners to Grow Its Austin Industrial Leasing Group
Stream Realty Partners is expanding its industrial leasing team in Austin. Nathan Thornhill joins Stream as a Vice President of… Read more
Kairoi Residential Building $Million-a-Unit Apartment Project in Southlake
Kairoi Residential is looking at a site at Southlake Town Square near State Highway 114. The 55-unit development on Central… Read more
Two Senior Housing Projects In the Cards for Austin
The new one just opened, and the old one will reopen after an extensive renovation is complete. The new one,… Read more
Three Austin Student Housing Projects Financed by PGIM
PGIM Real Estate has provided $108.5 million in fixed-rate financing on behalf of its core investment strategy to a fund… Read more
CertainTeed Parent Company to Build $145M Bryan Factory
Saint-Gobain is planning on building a new manufacturing and distribution facility in Bryan, Texas, through its subsidiary CertainTeed. Construction is scheduled to… Read more
Tesla to Expand its Austin Giga Texas Facility
Tesla plans to spend more than $775 million to expand Giga Texas, an automotive production plant in Austin. Public filings… Read more