Texas
San Marcos Affordable Project Lands $44M Loan
KeyBank Real Estate Capital (KBREC) arranged a $43.8-million construction loan and permanent financing on behalf of Carrollton-based Target Builders for the… Read more
CBRE: San Antonio Hotels Will Rebound by 2023
By year-end 2020, San Antonio area hotels are forecast to decline to 42.9% occupancy, representing a 35.3% decline from 2019 levels, says… Read more
Public Opinion Split on Tax Breaks for $1B Tesla Factory in Austin
Tesla’s proposal to build a $1-billion, five-million-square-foot factory in Austin has meant plans to offer more than $60 million in… Read more
Margaritaville Opens Its First Texas Resort
Margaritaville Lake Resort, Lake Conroe | Houston opened Friday in Montgomery as the first Texas-based resort in the Margaritaville portfolio. The 186-acre development is a joint venture of Songy Highroads… Read more
Langdon Street Snaps Up Round Rock Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, finalized the sale of Parkwood Terrace, a 144-unit multifamily asset in the… Read more
TxDOT Holds Virtual Open House on El Paso Corridor Project
The design phase and first public comment period for the proposed, multimillion-dollar expansion and remake of Interstate 10’s Downtown El… Read more
Navistar Launches Build of San Antonio Factory
Navistar International Corporation held a virtual groundbreaking Thursday for its 900,000-square-foot manufacturing facility in San Antonio. The new facility, with… Read more
Abbott Pauses Progress on Reopening as COVID Cases Rise
Texas Gov. Greg Abbott said Thursday that the state would pause any further phases to reopen the economy due to… Read more
HHC Elevates CFO O’Reilly to President
The Howard Hughes Corporation has appointed CFO David O’Reilly as president, succeeding Grant Herlitz, who stepped down last October. O’Reilly will also… Read more
ZOM Living, Civitas Ready to Break Ground in North Dallas
ZOM Living and locally based Civitas Capital Group are preparing to break ground on Mezzo, a 378-unit garden-style multifamily project along the… Read more
Steele Properties Makes First Buy in San Antonio
KeyBank Community Development Lending and Investment (CDLI) secured $14.2 million of financing for Steele Properties to purchase and renovate an affordable… Read more
Abbott Says Texas Faces “Massive Outbreak” of COVID-19
Texas Gov. Greg Abbott said Wednesday the state is facing a “massive outbreak” in the coronavirus pandemic and that greater restrictions may… Read more
Energy Sector Indices Reach New Lows, Says Dallas Fed
Activity in the energy sector deteriorated further in the second quarter, the Federal Reserve Bank of Dallas said Wednesday. The… Read more
Rastegar Continues Buying Streak in Austin’s Mueller Neighborhood
Rastegar Property Company has acquired the Mueller Point apartment complex in north central Austin’s Mueller neighborhood for an undisclosed sum.… Read more
Equinix Makes $142M Expansion at Dallas Infomart
Silicon Valley-based Equinix has expanded its Dallas Infomart Data Center campus with the opening of the $142-million International Business Exchange… Read more
Law Firm WKPZ Relocates to Weslayan Tower
Granite Properties has signed law firm Weycer, Kaplan, Pulaski & Zuber, P.C. (WKPZ) to 16,768 square feet on the top floor… Read more
Boardwalk at Town Center Wraps Up Two Years of Renovations
Boardwalk at Town Center, an upscale property located directly on The Woodlands Waterway in The Woodlands, has completed the exterior… Read more
Existing Home Sales Hits 8-Year Low in TX
Sales of existing homes in Texas last month fell to their lowest level since 2012 amid public health precautions and… Read more
Alliance’s New Houston Project Will Be Part of Village Concept
Alliance Residential Company acquired 13.08 acres of land near the Texas Medical Center to develop a 336-unit multifamily community as… Read more