Houston
WorkSuites Slates Q4 for Two New Locations
WorkSuites has been growing rapidly despite the pandemic. Two new locations at 640 Taylor in Fort Worth and 1000 Main… Read more
River Rock Capital and Sun Holdings Nab Sizeable Multifamily Holdings
A four-property 1,103-unit multifamily portfolio located within the major medical centers in San Antonio and Houston recently sold to River… Read more
Transwestern Taps Robert Kramp as VP of Research
Transwestern Real Estate Services recently named Robert C. Kramp as vice president of research and analytics-Houston. Based in Transwestern’s corporate… Read more
Construction Loan Funds The Hawthorne Condos
An $89 million loan recently funded the construction of The Hawthorne, a 17-story 67-unit condominium building located at 5656 San… Read more
TX Median Home Prices Jump 76% to $259K at YE 2020
Median home prices in Texas increased $112,200 in the past decade amid steadily increasing numbers of homes sold each year,… Read more
Horizon and Life Tower Projects Are Neck and Neck Near TMC
Medistar Corp. and Healthcare Trust of America Inc. recently broke ground on Horizon Tower, a new life sciences and medical… Read more
Aetna and CVS Health to Enter Texas Insurance Marketplace
Aetna and CVS Health will enter the individual insurance marketplace in Texas with the first Aetna CVS Health hybrid-branded insurance… Read more
Raymond James to Remain at San Felipe Plaza
Raymond James & Associates Inc. (RJA) will remain at Houston’s landmark San Felipe Plaza. RJA recently signed a long-term lease… Read more
McGuireWoods Signs 11-Year Lease at Texas Tower
International law firm McGuireWoods recently signed an 11-year lease for 30,000 square feet at Texas Tower, the new 47-story 1-million-square-foot… Read more
Gessner Apartments Refi with Cash-Out Fixed-Rate Loan
Gessner, a 500-unit class-C garden-style multifamily asset in Southwest Houston, was recently refinanced for $32 million. The transaction was structured… Read more
MRI & Diagnostic Imaging to Relocate HQ to Park Row
A 5,304-square-foot office building at 16920 Park Row Blvd. recently sold to DRH & Associates Inc. Houston MRI & Diagnostic… Read more
Houston Ranks Third in Office Recovery Among U.S. Gateway Cities
As Houstonians return to the office, second quarter 2021 closed with a vacancy rate of 22.9 percent. While this is… Read more
Houston Natural Resources Revenues Increase by 200%
Houston Natural Resources Corp. continues on its growth trajectory with projections to substantially increase revenues and earnings in the next… Read more
Crexi Reports “Healthy Dose of Optimism” in Buyers and Sellers
The second quarter saw both buyers and sellers of commercial properties growing more optimistic, according to Crexi’s latest national report.… Read more
Massey Oaks Maintains the Massey Family Legacy
A $44 million loan was recently provided to Massey Oaks Development LP for the development of 372 single-family lots in… Read more
Newport Capital Partners Fund III Completes First TX Buy
Newport Capital Partners recently acquired Stassney Heights on behalf of its value add-focused Newport Capital Partners Fund III. The 103,030-square-foot… Read more
Multifamily REITs Independence, Steadfast Strike $7B Merger Agreement
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) said Monday afternoon that they had agreed to merge, with… Read more
Three NNN Inpatient Rehabs Go for Nearly $90M
Three absolute triple-net-leased inpatient rehabilitation facilities (IRFs) recently sold for $86.8 million. Birmingham-based Medical Properties Trust Inc. purchased Cobalt Rehabilitation… Read more
Jay Ockman Joins Avatar as a Director Out of Houston
Avatar Financial Group recently added Jay Ockman to the company’s expanding team. He will serve as a director and will… Read more