Texas
Lone Star Closes 12th Opportunity Fund at $5.3B
Lone Star Funds has completed the final closing for its 12th opportunity fund, Lone Star Fund XII, L.P. (LSF XII).… Read more
Villita Assembly Hall Developers Release Redesign Plans
The on-again, off-again saga of San Antonio’s iconic Villita Assembly Hall is showing signs of hope regarding its reopening as… Read more
Lionstone Acquires River Oaks Rental Asset
Lionstone Investments has acquired The James, an eight-story, 344-unit apartment building at 2303 Mid Lane in the River Oaks neighborhood.… Read more
Valuation Declines on Distressed Properties Now Average 43%
Valuations on distressed properties as of midyear 2024 have declined an average of 43% from their original issuance, CRED iQ… Read more
Houston’s 2100 Memorial Apartments Reopens Doors
The Houston Housing Authority has opened the doors so the first five residents can move into 2100 Memorial, the namesake… Read more
Dual-Branded Hotel Changes Hands in Dallas
Butler Brothers Hospitality Group has sold the dual-branded TownePlace Suites and Fairfield Inn & Suites Dallas Downtown. Marcus & Millichap’s… Read more
Nordstrom Rack to Open Two Houston Stores
Brick-and-mortar retail may be struggling in certain parts of the country, but in Houston, things seem to be zinging along.… Read more
Developer Duo Eyeing 85-Unit Affordable Housing Venture
A new affordable housing project in San Antonio, employing several funding methods, is under consideration by a duo of multifamily… Read more
Stockdale Acquires 130K-SF Austin MOB
A recently completed medical office building has been acquired by Stockdale Capital Partners. 1401 Philomena @ Mueller, a 130,000-square-foot medical… Read more
City of Dallas, Savoy Equity Building 310-Unit Mixed-Income Project
Savoy Equity and the City of Dallas are joining forces to deliver a multifamily community made up of affordable units.… Read more
Excelsa Picks Dallas Value-Add Property
Excelsa Properties acquired Pear Ridge, a 168-unit multifamily property located at 4753 Old Bent Tree Lane, Dallas. The acquisition represents… Read more
Tower Life Conversion Moving Forward
San Antonio’s iconic Tower Life building is adopting a new look. Developers Ed Cross, Alamo Capital Partners, McCombs Enterprises, and… Read more
Preston Center Redevelopment Project Okayed
Ramrock Real Estate is planning to build an office high-rise and multifamily tower with ground-floor retail next to the Preston Center… Read more
Nominations Are Open for Connect CRE’s 2024 Women in Real Estate Awards
For the eighth consecutive year, Connect Commercial Real Estate will honor women whose talent, drive, leadership and fresh ideas have… Read more
Air Liquide Building $850M Baytown Facility
France-based Air Liquide Group is building four large, modular air-separation units at the Exxon Mobil facility in Baytown. The company… Read more
Manulife Teams with Foundry Commercial for Industrial Outdoor Storage Venture
Manulife Investment Management has launched a strategic partnership with Foundry Commercial to acquire, develop and lease industrial outdoor storage (IOS)… Read more
Kairoi Tears Down Condos, to Build 8-Story Rental Community
Multifamily investor Kairoi Residential thought it had a great property on which to build its next project, but there was… Read more
Plans for Retro Arlington Motor Inn Taking Shape
The names may share some similarities, but that’s where the tale of two hotels stops. Division Hotel Management, with Valencia… Read more
Braun Wraps Up 53 West Redevelopment
Braun Enterprises has completed 53 West, a mixed-use redevelopment project in Uptown Houston adjacent to The Galleria that will consist of… Read more