Texas
Ecobat Acquires EV Lithium Battery Recycler Promesa
The demand for EV lithium-ion battery recycling continues to accelerate worldwide and is expected to be worth $4.7 billion in… Read more
Aligned Increases Its Senior Secured Credit to $1.25B
Data center provider Aligned recently increased its senior secured credit facility, the first-ever U.S. data center sustainability-linked financing, by $250… Read more
TMC Plans $201M Multi-Year Phased Expansion
Multi-year plans are in the works for Texas Children’s Pavilion for Women’s $201 million phased expansion in the Texas Medical… Read more
Mixed-Use Development to Spring Up in Alamo City’s Downtown
One of the largest and fastest-growing U.S. cities, San Antonio, will soon be home to a downtown mixed-use development on… Read more
Cash-Out Bridge Loan to Retire Existing Debt
A $60 million cash-out bridge loan was recently arranged for Residences at Town Square, a 480-unit mixed-use apartment complex in… Read more
Lime Rock Resources to Buy Oil/Gas Properties for $508M
Lime Rock Resources, acquirers and operators of producing oil and gas properties in the United States, recently reached a definitive… Read more
Harwood Apartments Buy Fits DFW Multifamily Pattern
The recent sale of 836-unit 8500 Harwood Apartments fits within the pattern of the Dallas-Fort Worth multifamily market: un-hindered growth.… 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
Fannie Mae Loan Refis Bridge Debt on Meadows Apartments
An $18.6 million Fannie Mae loan recently went toward refinancing bridge debt on Meadows Apartments, a 216-unit multifamily community in… Read more
Vitamin Shoppe Signs its First-Ever Franchise Agreement
The Vitamin Shoppe signed its first-ever franchise agreement for the operation of independently owned stores. The multi-unit agreement means that… Read more
Capital Square Acquires 250-Unit MF Property in Chattanooga
Capital Square 1031 has acquired Lullwater at Big Ridge, a 250-unit multifamily community in the Hixson submarket of Chattanooga, TN.… 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
TX Department of Housing Awards $53M to 31 Organizations
The Texas Department of Housing and Community Affairs (TDHCA) board recently awarded $52.9 million in housing stability service grants to… Read more
Merger of Benefit Street, Capstead Will Create Fourth-Largest Commercial Mortgage REIT
Benefit Street Partners Realty Trust (BSPRT), a publicly-registered, non-listed REIT based in New York, and Dallas-based Capstead Mortgage Corporation have… Read more
DFW Retail Emerges from Depths of COVID
Weitzman’s new analysis of DFW’s retail inventory shows a market emerging from the depths of the pandemic. Marshall Mills, Weitzman’s… 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
Construction Gets Underway on TX Children’s Hospital
Construction recently kicked off on the 365,000-square-foot Texas Children’s Hospital for children and women in Austin. The 52-bed freestanding hospital,… Read more
Encore Lower Broadway to Break Ground Next Month
Berkadia recently sourced a capital partner for Dallas-based Encore Multifamily, a division of Encore Enterprises, for the development of a… Read more