Texas
Granite Properties Snags Denver’s 319K-SF Regency Plaza
Granite Properties shook hands with Barings LLC for ownership rights of Regency Plaza in the Denver Tech Center. The Plano,… Read more
Joint Venture Obtains $34M Refi for Delaney at Parkway Lakes
Blue Moon Capital Partners and partner Life Care Services (LCS) obtained $34 million in financing for Delaney at Parkway Lakes,… Read more
Republic Insurance Demolition Makes Way for Three-Building 2727 Turtle Creek
Prescott Group has begun clearing away the former Republic Insurance offices building at 2727 Turtle Creek Blvd., north of Dallas’… Read more
Virtus Real Estate Pays $62M for Baldwin at St. Paul Square Leasehold
Virtus Real Estate Capital acquired a leasehold interest in the 271-unit Baldwin at St. Paul Square apartments in San Antonio.… Read more
Highland Capital Acquires 346-Unit Apartment Community in Nashville
Dallas-based Highland Capital Management has acquired Arbors of Brentwood, a 346-unit multifamily property in South Nashville. The sales price was… Read more
On Interest Rates, the White House Wants the Fed to Go Negative
Not satisfied with the Federal Reserve’s pace in cutting the federal funds rate, President Donald Trump now wants the Fed… Read more
California Posts Country’s Biggest Q2 Credit Card Debt Increase
U.S. consumers racked up $35.6 billion in credit card debt during Q2 2019, an all-time record for the second quarter… Read more
$27M in Financing Arranged for Texas Assisted Living Facilities
CIT Group Inc. arranged a $27.2 million loan for two assisted-living facilities in South and Central Texas. The borrower, a… Read more
$80M in Loans Closed on Affordable Housing
Bellwether Enterprise Real Estate Capital LLC closed three loans, totaling $79.9 million, on three affordable housing complexes in Austin and… Read more
NewcrestImage Starts Construction on 81K-SF Office for Silverlake Crossings
Hotel developer NewcrestImage has embarked on a new project, an 80,806-square-foot, four floor office building in Grapevine, TX’s Silverlake Crossings.… Read more
Oil Producer Alta Mesa Files for Bankruptcy, Amid SEC Investigation
Houston oil producer Alta Mesa Resources filed for bankruptcy protection, amid failing finances and an SEC investigation into possible fraud.… Read more
Restauranteur Luby’s Mulling Strategies to “Right-Size its Corporate Overhead”
Luby’s Inc., the national restaurant chain owner and operator, formed a new Board Special Committee to take measures to “right-size… Read more
West Shore Broadens Bryan Footprint, Acquires 261-Unit Broadstone Traditions
West Shore LLC boosted its presence in Bryan, TX, acquiring the 261-unit Broadstone Traditions from Alliance Residential Co. The complex… Read more
Michael Gazzano Joins Turnbridge from Caruso
Turnbridge Equities appointed Michael Gazzano as Managing Director of its Los Angeles office. He will be responsible for the acquisition… Read more
130K-SF Bird Creek Crossing Sells to Exchange Buyer
ShopCore Properties sold Bird Creek Crossing, a 129,941-square-foot retail power center in Temple, TX. The San Diego seller sold the… Read more
3D Printer Creating Housing for Austin’s Homeless
Austin company ICON, the brains behind the first 3D-printed house, is putting that technology to use on behalf of the… Read more
Aligned Energy Expands Dallas-Area Data Center
Aligned Energy announced an 8-megawatt expansion of its DFW-01, its 19-acre data center campus located in Plano, TX. Upon full… Read more
Houston’s Northeast Water Purification Plant Undergoing $1.8B Expansion
The city of Houston, in conjunction with four regional water authority partners, has begun a design-build expansion of the Northeast… Read more
Inland National Acquires 12 Acres, Plans 303-Unit Multifamily
Inland National Development Co. LLC (INDC) acquired 12 acres in Selma, TX, situated in the northeast corner of the San… Read more