Texas
Nationwide Eviction Ban Unconstitutional, Federal Judge Rules
A federal judge in Texas ruled that the Centers for Disease Control’s nationwide ban on apartment evictions is unconstitutional. U.S.… Read more
Morgan Launches Pearl Biltmore Multifamily in Phoenix
Houston-based Morgan has opened the Pearl Biltmore, its first multifamily luxury community in the Phoenix market. Located near the intersection… Read more
TDEM Requests More Counties to be Added to Disaster Declaration
The Texas Division of Emergency Management (TDEM) requested an additional 54 counties be added to the federal major disaster declaration.… Read more
Austin Emerges as a Key Texas Industrial Market
Although Austin’s industrial market has historically been regarded as a secondary market compared to the likes of Dallas and Houston,… Read more
COVID, IASB Change Have Little Effect on Office Lease Terms
The threat of shorter office lease terms has been looming over the commercial real estate industry for several years. Companies… Read more
Parc 20 to Have Direct Access to Interstate 20
Parc 20, a 154,127-square-foot two-building urban industrial development, recently broke ground in Arlington. Jackson-Shaw is developing the industrial facility which… Read more
Port and Research Facilities Set Houston Apart
Houston has several attributes that set it apart from other U.S. cities. For one, the Port of Houston is the… Read more
What is ERCOT’s Coverage Area?
With a laser focus on Electric Reliability Council of Texas (ERCOT) since the power failure in Texas nearly two weeks… Read more
ERCOT Continues to Take the Brunt of Power Backlash
Texas Gov. Greg Abbott has largely blamed the recent power outages on Electric Reliability Council of Texas (ERCOT) and called… Read more
Hines’ $219M Sale of The Rim to be Final Next Month
HGR Liquidating Trust, formerly Hines Global REIT, is selling The Rim, Texas’ largest outdoor shopping center, for $219.7 million to… Read more
Leasing Efforts Are Underway for Dallas’ Santander Tower
Formerly Thanksgiving Tower, the 50-story 1.4 million-square-foot class-A office building now known as Santander Tower, is located at 1601 Elm… Read more
North Texas Multifamily Slates Q4 2022 for Completion
With the goal of meeting rising demand for multifamily housing in North Texas, the Dallas-Fort Worth office of High Street… Read more
One Word to Describe Austin Industrial: Tesla
Leigh Ellis, Aquila Commercial industrial specialist, recently provided insights into the state of the Austin industrial market. He says one… Read more
Permian Basin Petroleum Index Has Yet to Turn the Corner
The government lowered its outlook for U.S. crude oil production in 2021, with expected output set to average 11.02 million… Read more
ECI Group Taps Levitt as Chief Acquisitions Officer in Atlanta
Atlanta-based multifamily owner and developer ECI Group has hired Scott Levitt as Chief Acquisitions Officer in Atlanta. In his new… Read more
ERCOT Board Members Resign Following Power Crisis
Top board members of Texas’ embattled power grid operator, Electric Reliability Council of Texas (ERCOT), resigned this week. These resignations… Read more
Morgan/Olayan Partnership Snares 14,000-Unit MF Portfolio
A partnership of Morgan Properties and Olayan America has acquired a portfolio of 48 apartment communities and 14,414 units in… Read more
Austin Industrial Vacancy Rate Plunges to 13%
The vacancy rate for Austin class-A industrial properties has plunged to 13.1 percent, down from the prior period at 23.8… Read more
Credit Human HQ Integrates Multiple Energy Demand Solutions
The new 12-story Credit Human headquarters near downtown San Antonio is 200,000 square feet and will accommodate approximately 500 employees.… Read more