Texas
$19M in Financing Obtained for Reserves at 700 Acquisition
Florida real estate investors Robert Blau and Adam Jacobson obtained $18.5 million in financing to acquire the 180-unit Reserves at… Read more
Historic Hogg Palace Lofts Sells to Austin Buyer
Kline Properties of Austin, TX acquired the eight-story, mixed-use Hogg Palace Lofts, located in downtown Houston. Randall Davis Co., the… Read more
San Antonio’s Retail Increases: Q&A with Weitzman’s Marcus Shaffer
Weitzman’s mid-year report for retail in San Antonio shows an increase in both occupancy and construction, thanks to demand. Marcus… Read more
Touchmark Unveils 80-Acre Senior Community Plans
Developer Touchmark unveiled plans for its Touchmark at Emerald Lake, an 80-acre, senior-housing community to be built in McKinney, TX.… Read more
Travis County Commissioners Vote to Hire Drainage Consultant
Based on a federal publication dubbed Atlas 14, Travis County Commissioners voted unanimously to hire a drainage consultant for changes… Read more
Austin Multifamily Rent Growth Leads the Way
Austin led the way among Texas metros when it came to multifamily rent growth in June 2019. According to statistics… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Habitat Assumes Management at 18 CHA Complexes
The Habitat Company has assumed management of 18 Chicago Housing Authority (CHA)-owned affordable housing communities across the city’s South and… Read more
Apartment List Reports 1.6% YoY Rent Growth for June
Apartment List’s multifamily figures for June 2019 have been released, with its national rent growth increasing by 1.6% year over… Read more
Austin Business Cycle Index Tops 8% in May
The Federal Reserve Bank of Dallas’ Austin Business Cycle index continued well above its long-term trend, climbing to 8.2% in… Read more
Bixby Land Co. Acquires Two Industrial Properties in Atlanta
California-based investor Bixby Land Co. acquired two industrial properties in Atlanta and one in Dallas, totaling 857,000 square feet. The… Read more
Dallas Buyer Snags 92K-SF New Mexico Industrial
Blue Road Investments LLC, operating under the name of BRI Earhardt LP, struck a deal with a San Antonio entity… Read more
DFW Retail Continues Momentum: Q&A with Weitzman’s Marshall Mills
According to Weitzman’s mid-year report for the Dallas-Fort Worth area, 2019 could represent a record streak of six consecutive years… Read more
Harbor Group Adds Crown Heights Luxury Rentals
Harbor Group International (HGI) has acquired the Frederick, a newly-built luxury apartment property in the Crown Heights section of Brooklyn.… Read more
H-E-B Plans Driverless Vehicle Testing in San Antonio
Grocery retailer H-E-B unveiled plans to test self-driving vehicles throughout San Antonio, where it is also headquartered. The company will… Read more
Pain Management Partners Enter Houston Area with VIP Surgical Center Buy
Spindletop Pain Management Holdings and Tricity Pain Associates P.A. are spreading into the Houston area with the acquisition of the… Read more
Parking Garage Planned for Under-Construction Citizens Tower
The Lubbock, TX City Council announced plans to build a $6.7 million, three-story parking garage south of the 204,000-square-foot Citizens… Read more
Interra Elevates Smazal, Feldman to Sr. Managing Partners
Interra Realty has promoted Joe Smazal and Brad Feldman from managing partners to senior managing partners. Smazal has completed more than… Read more
Investor Appetite for Bronx Drives Apartment Complex Sale
Related Companies has sold the 252-unit River Court and Gerard Court apartment complex in the Concourse section of the Bronx to Prana… Read more