Texas
COVID Cases Could Cause Economic Headwinds
Comerica Bank’s Texas Economic Activity Index increased in June to 125.2. June’s index reading was 26.1 percent above the recent… Read more
Equity Residential, Toll Brothers Forge $1.9B Apartment Venture
Equity Residential (EQR) and Toll Brothers Apartment Living have formed a strategic partnership to develop new rental apartment communities in key U.S. markets. They’re targeting… Read more
Dialectic Therapeutics Receives $14M Cancer Research Award
A Texas-based biotech firm focused on cancer treatments, Dialectic Therapeutics Inc., recently received a $14.4 million Texas Company (TXCO) Product… Read more
AIM Automated Underwriting Reduces Process Time
Archer recently unveiled AIM Automated Underwriting, an underwriting tool that enhances the multifamily underwriting process and reduces the amount of… Read more
Health-Focused Offices See the Strongest Tailwinds
DivcoWest recently completed the purchase of Bouldin Creek, a newly constructed 170,000-square-foot class-A boutique office building at the intersection of… Read more
Buckingham Boosts BTR Construction with $31M Financing
Buckingham Advisors recently secured $31 million in senior construction financing for a multi-site community of build-to-rent single-family homes in Houston.… Read more
FCP and VaultCap Plan Cap Improvements for Corey Place
FCP and VaultCap Partners recently acquired Corey Place Apartments, a 275-unit garden apartment community in Grand Prairie, TX. The transaction… Read more
TX Adds Medical Personnel, Launches More COVID Infusion Centers
Texas Department of State Health Services (DSHS) and the Texas Division of Emergency Management (TDEM) will deploy additional medical personnel… Read more
Former Studio Movie Grill Rebrands, Reopens in Chatham
Detroit-based Emagine Entertainment has reopened a former Studio Movie Grill location in the South Side’s Chatham neighborhood. Now known as Chatham Cinema Powered… Read more
KeyBank Provides Rehab Financing on Three Seniors Properties
KeyBank provided $21.5 million of capital for National Church Residences (NCR) to rehabilitate three affordable seniors housing properties in Florida, Ohio and… Read more
Buyer and Sellers Ensure No Disruption to PaRC Patients
Discovery Behavioral Health and Memorial Hermann Health System recently completed the sale of the Memorial Hermann Prevention and Recovery Center… Read more
Simi Estiatorio Takes Up Residence in Historic Littlefield
Simi Estiatorio, a Greek restaurant, recently leased 4,206 square feet of street-level retail space in the Littlefield Building, a historic… Read more
9041 Westheimer to Remain a Hotel After Acquisition
Sam Patel recently acquired a hotel property at 9041 Westheimer Rd. Nestled on 1.6 acres located 10 minutes from Houston’s… Read more
BioLabs at Pegasus Park Renovation Targets December Opening
The renovation for BioLabs at Pegasus Park, a 37,000-square-foot flexible life science co-working facility, is on schedule with a mid-December… Read more
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… Read more
Smaller Texas Communities Can Receive COVID Funding
Gov. Greg Abbott announced additional federal coronavirus relief assistance payments from the American Rescue Plan Act (ARPA) for populations less… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
Whataburger Fans Can Wear Passions on Their Sleeves
Whataburger and Academy Sports + Outdoors have launched the first-ever Magellan Outdoors and Whataburger co-branded apparel. The apparel was made… Read more
Yager Flats Will Provide 300 Affordable Units Near Austin
With affordability lagging in Austin, an affordable multifamily housing development in Manor comes along at just the right time. Yager… Read more