Houston
Some Houston Submarkets Feeling Hotel Pain
An oil slump and over-supply have hit some of Houston’s hotel submarkets hard. The downtown market, for example, has experienced… Read more
Axiometrics: Apartment Supply by Market and Renter Occupations
Axiometrics has released data on the top markets for new apartment supply coming online. Baby boomers and millennials represent the… Read more
Real Capital Solutions Targeting Oil-Region Hotels
Real Capital Solutions, headquartered in Louisville, CO, plans to spend a $200 million investment fund on hotels. Not just any… Read more
Despite Oil Slump, Apartment Investors Like Houston
Opportunistic apartment buyers are coming to Houston in search of good deals. According to Todd Marix with HFF, many of… Read more
Mid-America Buys 352-Unit Alexan Heights from TCR
Mid-America Apartment Communities Inc. (MAA) now owns Houston’s 352-unit Alexan Heights, in a deal that is said to have been… Read moreMoody National REITs Looking to Merge
Moody National REIT I Inc. (REIT I) has accepted a non-binding letter of intent from Moody National REIT II Inc.… Read more
Commissioners Take First Step on Astrodome’s $105 Proposed Redevelopment
The Harris County Commissioners Court voted unanimously to move forward on a $105 million plan that will put the Houston Astrodome… Read more
41 Acres of South Dallas Land Swaps Hands
Dallas South 48 JV, a group of private investors, has sold 40.7 acres of raw land to Houston investor William… Read more
HFF Secures Acquisition Financing for Cypress, TX MF Asset
HFF secured financing for partners Nicola Wealth Management Ltd. and Venterra Realty for the purchase of the 370-unit Coles Crossing… Read more
Poor Demand for Houston’s Crane-Served Buildings
The oil industry downturn has hurt the Houston metro in many ways, one of which is an increase in available… Read more
Lone Star College Processing New Process Technology Center
Lone Star College Kingwood, in the northeast Houston metro region, will have an Oct. 4 groundbreaking on its new Process… Read more
Shell to Depart Namesake Houston Building
Shell Oil announced it would vacate One Shell Plaza, and relocate the approximately 3,400 employees to its west Houston campus.… Read more
17 Businesses to Open in Cypress Creek Plaza
Smithco Development and Mischer Investments are nearing completion on their retail development, Cypress Creek Plaza at 9690 Fry Rd. in… Read more
13-Acre Site Scraped and Ready for 275K-SF Retail
Dirt work has been concluded on the site of a former Steakley Chevrolet dealership in northeast Dallas. The next step… Read more
#TexasTakeover: State of the CRE Market
Real estate is a regional business, and in Texas, regions are plentiful. Connect Media enters the Lone Star State at a… Read more
NewQuest to Build 110K-SF Asian Retail
NewQuest Properties has secured acreage in Frisco, TX, and will break ground next month on Frisco Ranch, a 110,000-square-foot Asian… Read more
GE Readies to Shut Down Channelview Operations
General Electric will shut down its turbine manufacturing operations at its East Houston complex in Channelview, TX. The company will… Read more
Houston Leads the Country in Imports — Again
The Houston area was ranked first in the U.S. for total goods exported last year, according to a Department of… Read more
Booming Baytown Shores Up Regional Economy
Baytown, TX, once considered a blue-collar city on the far, far southeast side of Houston, is proving to be profitable.… Read more