Texas
Marriott-Franchised Hotel Trades to LLC
Marcus & Millichap finalized the sale of SpringHill Suites Houston 290, a 78-room hospitality property. Terms of the sale weren’t disclosed.… Read more
Abbott Gathers Strike Force to Advise on Reopening Texas Economy
Texas Gov. Greg Abbott on Friday established a strike force of medical experts along with public- and private-sector leaders to… Read more
DMS Makes Move to Plano’s Preston Park West
Digital Matrix Systems (DMS) is moving its corporate headquarters to Preston Park Towers West in Plano. The company leased 22,500… Read more
Mill Creek, QuadReal Launch $421M Multifamily Joint Venture
Boca Raton, FL-based Mill Creek Residential formed a programmatic joint venture with Canada’s QuadReal Property Group. The venture will invest… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Westmount Makes First Buy in Fort Worth
Westmount Realty Capital, LLC closed the acquisition of River Park, a 280-unit, garden-style multifamily community in southwest Fort Worth. Deal… Read more
ExchangeRight Adds Leo Peters as Regional VP
ExchangeRight has appointed Leo Peters as SVP of the Central/Western region, based in Houston. A 25-year veteran of the financial… Read more
Cawley Exits Five-Year Hold on Dallas’ Toll Hill Offices
JLL Capital Markets recently closed the sale and financing of Toll Hill Office Park, a two-building, Class A office campus… Read more
Colliers Arranges Charter School Lease Along Westpark Tollway
Colliers International arranged the lease of 14,500 square feet to a charter school at 6403 Addicks Clodine Rd. in Houston. The… Read more
NYC Hotels Sign on to House Pandemic Patients, Healthcare Workers
More than 100 New York-area hotels have agreed to participate in a program to provide temporary lodging facilities for COVID-19… Read more
United Properties Adds Austin to Operating Locations
Minneapolis-based development company United Properties will establish a development office in Austin, and has hired local industry veteran Josh Delk as… Read more
Worth Signs Goodwill San Antonio to 42K SF
Worth & Associates recently leased 42,227 square feet in its Austin Highway Business Center at 7373 Broadway in San Antonio… Read more
NorthMarq Arranges Sale, Financing on NE Dallas Apartments
NorthMarq arranged the sale and financing of Vineyards at the Ranch I & II and Beacon Hill for WindMass Capital… Read more
Spirit Realty Capital Fields 125+ Requests for Rent Deferrals
Spirit Realty Capital’s Jackson Hsieh said his company has received 126 tenant requests for rent deferrals across its portfolio, and… Read more
Camden Launches COVID-19 Relief Fund for Tenants
By Dennis Kaiser On April 2, 2020, Houston-based Camden Property Trust announced the creation of a $5-million Resident Relief Fund… Read more
NewQuest Arranges Sale of Lots to D.R. Horton
NewQuest Properties arranged the sale of the balance of vacant developed lots in Stone Creek Ranch, a resort lifestyle community… Read more
HPI, Bandera Partner on 3-Building Deal in Preston Center
A partnership of Austin-based HPI Real Estate Services & Investments and Dallas-based Bandera Ventures has acquired a three-building, 398,970-square-foot portfolio… Read more
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more
Barvin Sells Only Dallas Property; Buyers Plan Upgrades
Houston-based Barvin sold the Oak Lawn Heights apartments, its only property in Dallas, to a local investor that plans further… Read more