Texas
Presidium Unloads 360-Unit Axio Apartments
Presidium Group sold Axio Apartments, a 360-unit, garden-style, multifamily complex on San Antonio’s northwest side. The complex at 8722 Cinnamon… Read more
Ribbon Communications Inks 107K-SF Deal at Legacy Central
Ribbon Communications Inc. struck a deal with landlord Regent Properties for 107,000 square feet at Legacy Central in Plano, TX.… Read more
Nicol Investment Co. Snags 293-Unit MF Community in Metro Orlando
Nicol Investment Co. has acquired Maitland Station, a 293-unit, mid-rise apartment community in Maitland. The sales price was undisclosed. Located… Read more
21-Building Portfolio Comes to Market on Northwest Side
A 21-building multifamily portfolio, being marketed as 21 Northwest, has been listed for sale by Kiser Group. The portfolio is… Read more
Archstone Acquires Land, Plans Retail & Office Project
Archstone Real Estate LLC acquired three acres from a private investment group to develop a mixed-use project in Fort Bend… Read more
Construction Underway on St. Edwards Athletic Center
St. Edwards University in Austin launched construction on a new athletic facility on its campus. The 12,400-square-foot building is expected… Read more
El Paso Business Cycle Index Expands in June
The Federal Reserve Bank of Dallas’ El Paso Business-Cycle Index continued its expansion in June, due to job growth and… Read more
Ground Breaks on 109K-SF Crown Centre
Bright Realty has begun construction on Crown Centre in Castle Hills. The 109,000-square-foot, four-story office building is on SH 121… Read more
JLL Veteran Team Jumps to Walker & Dunlop
Walker & Dunlop Inc. entered Houston and expanded its Texas presence with the hire of an experienced team, formerly with… Read more
White Lodging Snags 251-Key Marriott Plaza Hotel
White Lodging and Partner REI Real Estate Services acquired the Marriott Plaza Hotel in downtown San Antonio for $34 million.… Read more
Steadfast Merging Three REITs, Creates $3.3B Entity Focused on MFs
Irvine, CA-based Steadfast Apartment REIT, Inc. is acquiring Steadfast Income REIT, Inc. (SIR) and Steadfast Apartment REIT III, Inc. (STAR… Read more
Kroenke Lands $90M Stadium Deal with American Airlines
American Airlines appears to be the first official naming partner for Stan Kroenke’s new $5-billion Los Angeles Stadium in Inglewood.… Read more
Blackstone Eyes 11-Warehouse Deal Near JFK Airport
The Blackstone Group is negotiating to purchase a portfolio of 11 warehouse buildings near JFK Airport. Ranging in size from 6,000 to almost… Read more
Fantini & Gorga Secures $12M Loan for Affordable Housing Community in Lynn
Commercial mortgage banker Fantini & Gorga secured a $12.6-million loan for Marian Gardens, a 94-unit affordable housing community in Lynn,… Read more
Safehold Reaches $620M Deal for Ground Lease on 425 Park
Ground-lease REIT Safehold Inc. said Monday it had signed a contract to acquire the existing ground lease at 425 Park Ave.… Read more
BK, Queens Projects Among MRC’s $1.3B in YTD Deals
Major projects in Brooklyn and Queens were among the beneficiaries of the more than $1.3 billion in financings and note… Read more
Fifield Apartments Change Hands in West Town
Cushman & Wakefield’s Midwest Multifamily Advisory Group has brokered the sale of LUXE on Chicago, located at 1838 W. Chicago… Read more
Callaway Golf Debuts National Distribution Center at AllianceTexas
Callaway Golf Company is opening a 783,465-square-foot national distribution center located at Alliance Center North 3 in AllianceTexas, the more… Read more
Crescent Communities Sells 344-Unit Apartment Community in Charlotte
Charlotte-based owner and developer Crescent Communities has sold Novel NoDa, a 344-unit mid-rise apartment community in Charlotte. The sales price… Read more