Texas
Turner Impact Passes 10K Units with Dallas-Area Deal
Turner Impact Capital has acquired a multifamily housing community near Dallas. The 312-unit Bridgeport Apartments in Irving was acquired in late April… Read more
Construction Wraps on Apartments for 400-Acre Denton MXU
KWA Construction has wrapped construction on The Village at Rayzor Ranch, a luxury apartment community in the Rayzor Ranch Town… Read more
Off-Market North Park Vons Grocery Store Trades for Nearly $28M
CBRE handled the $27.7 million sale of a Vons grocery store in San Diego to an unnamed Los Angeles-based private… Read more
Campus Advantage to Manage Housing Near SUNY Brockport
Campus Advantage, based in Austin, has assumed management of The Brock, a 114-unit, 401-bed student housing property located near the… Read more
Murphy Oil Will Consolidate Ops to Houston Offices
Citing the “extraordinary drop” in crude oil prices, exploration and production company Murphy Oil Corporation is consolidating corporate operations to its… Read more
HREC’s Flynn Discusses Impact of COVID Recession on Multifamily Lending
By Dennis Kaiser As CEO of Hunt Real Estate Capital (HREC) and ORIX Real Estate Capital (OREC), James P. Flynn… Read more
Nordstrom Permanently Closing 16 Full-Line Stores in Nine States
Seattle-based Nordstrom, Inc. outlined plans to increase flexibility and agility in serving customers and position the business for the long-term… Read more
Brookfield Buys Seven-Property Southwest Industrial Portfolio for $25M
Brookfield Property Group acquired seven single-tenant industrial properties from privately-owned investment firm, Lowenberg Corporation. The multi-state industrial portfolio was purchased… Read more
Dodge Momentum Index Cites Pause in Project Planning
Dodge Data & Analytics’ latest monthly report on nonresidential building projects in planning was marked by the negative impact of… Read more
Project Management Advisors Expands to Austin
Chicago-based Project Management Advisors, Inc. (PMA) acquired American Realty Project Management (ARPM) in Austin as part of PMA’s strategy to expand its… Read more
Neiman Marcus Vows to Emerge “Far Stronger” from Chapter 11
In the third notable retail bankruptcy this week, Neiman Marcus Group, headquartered in Dallas, said Thursday it filed for Chapter… Read more
37th Parallel Re-Enters Austin Market
Virginia-based 37th Parallel Properties Investment Group acquired a three-property garden-style multifamily portfolio in Austin and San Antonio on behalf of its investors and family… Read more
Abbott Gives Go-Ahead for Offices to Reopen May 18
Texas Gov. Greg Abbott said Tuesday that he would expand the reopening of certain businesses, including office properties, non-essential manufacturing… Read more
Longview Workforce Portfolio Trades to Two Buyers
JLL Capital Markets closed the sale of Summer Brook, Summer Green I & II and Summer Lake, three workforce multi-housing… Read more
COVID-19 Spurs Gold’s Gym Bankruptcy Filing
GGI Holdings LLC, Dallas-headquartered parent company of Gold’s Gym, filed voluntary petitions for relief under Chapter 11 Monday in an… Read more
Keller Williams North Dallas Makes Headquarters Move
Keller Williams Realty – North Dallas has signed a 24,971-square-foot, long-term lease to relocate its headquarters office to 18333 Preston… Read more
ARCO Design/Build Wraps Up BTS for AFGlobal
Locally-based ARCO Design/Build Southwest recently completed construction of a new manufacturing and oil rig test site featuring two buildings located… Read more
Archway Properties Lands Fourth Retailer at Park Air 59
Archway Properties will break ground in mid-May on a build-to-suit retail building for Northern Tool + Equipment in Park Air… Read more
Quantum Brokers Sale of CVS in Tinley Park
Quantum Real Estate Advisors brokered the sale of a single-tenant CVS at 9551 171st in Tinley Park, IL. The 14,421-square-foot… Read more