Texas
JPI to Start Work on $90M Austin Apartment Project
JPI has closed on a 9.32-acre site in Austin, Texas, where it will build Jefferson Pearson Ranch, a $90 million,… Read more
Fairfield Completes 14-Story Houston Multifamily Tower
Fairfield Residential delivered 1010 Waugh, a 14-story, 340-unit luxury multifamily community in Houston’s Montrose neighborhood. The company will also manage… Read more
Bridge Logistics Acquires 767K-SF Brookshire Warehouse Facility
Clay Development & Construction sold Twinwood Distribution Center III, a 767,520-square-foot cross-dock industrial facility located at 2193 Discovery Hills Parkway… Read more
Lender Offloads 301-Unit Tucson Apartment Asset
A lender-owned Tucson apartment complex traded for $32 million, well below what the previous buyer paid for the development four… Read more
Dwight Capital Closes Two Corpus Christi Loans Totaling $96M
Dwight Capital has closed two HUD 223(f) refinance loans totaling $96MM for a pair of garden-style apartment communities in Corpus Christi,… Read more
JPI Moving Forward on $113M McKinney Apartment Venture
JPI closed on the land to develop Jefferson Terry, a 393-unit community in McKinney. The Dallas Business Journal reports the $113 million project… Read more
Stonelake Lands $135M Refi on Domain Tower
Stonelake Capital has closed on a $135 million refinancing for Domain Tower 2, a 332,000 square foot office tower that… Read more
Trinsic Closes $50M Loan for 300-Unit Flower Mound Rental Community
Associated Bank announced the completion of a $50 million loan for Trinsic Residential Group for the construction of Aura Brookview, a Class… Read more
Essex Realty Group Lists Uptown Multifamily Property for $9M
Essex Realty Group has been exclusively engaged to market for sale 5022–5030 N. Winthrop Avenue, a 32-unit renovated courtyard-style apartment… Read more
Construction Begins on Apartments at Cedar Park Mixed-Use Venue
JPI Development Group is pursuing construction of a 425-unit apartment complex at a massive mixed-use project in Cedar Park. The… Read more
Downtown Austin Hotel Acquired, Revamp on Way
A downtown Austin hotel built in 1985 has traded hands, and the buyer expects to begin a comprehensive renovation. JMI… Read more
Texas Tapped for Two Buc-ee’s
The attention Buc-ee’s has received from World Cup tourists is widespread. What used to be a regional phenomenon has spread… Read more
Lender Provides $129.8M Loan for Dallas Property Restructuring
Standard Chartered closed on a $129.8 million five-year term loan provided to an Ares Real Estate fund (Ares) and funds… Read more
Zumper: Median Apartment Rent Growth Turns Positive After Year of Annual Declines
The Zumper National Rent Index showed the median one-bedroom rent rose 0.5% month-over-month to $1,526, while two-bedroom rent increased 0.1%… Read more
Distressed Houston Office Property Hits the Market
JLL recently posted a listing for the 632,511-square-foot midrise office building at 5400 Westheimer Court, which sits on a 6.43-acre property… Read more
Dallas Greenlights $200M Oak Lawn Residential Tower
The Dallas City Council allowed a developer to proceed with a 16-story residential tower in Oak Lawn. The council eased… Read more
El Tropicano Booking Rooms Before December Reopening
The historic Sitio El Tropicano Hotel in San Antonio is slated to reopen in December. The hotel owners, Trestle Studio,… Read more
BGO, Harbor Capital Buy 300K-SF Katy Warehouse Pair
BGO and joint venture partner Harbor Capital acquired Heritage West, a newly constructed Class A industrial portfolio totaling 299,520 square… Read more
Zarminali Pediatrics Opens Sixth Clinic Amid Chicago Expansion
Zarminali Pediatrics is expanding its presence in the Chicago area with the opening of its newest clinic in Six Corners.… Read more