Texas
Wellness Center Signs on as First Retail Tenant for 40 Bleecker
Broad Street Development’s 40 Bleecker residential condominium project in NoHo has signed wellness center Clean Market as its first retail… Read more
Aimco’s Hyde Park Apartments Come to Market
Aimco has put its 155-unit Hyde Park Tower up for sale, Crain’s Chicago Business reported. The Denver-based REIT is paring… Read more
Greystone Provides $178M Refi on Downtown BK Apartments
Greystone has closed on a $178-million permanent loan to a joint venture of Rose Associates and Benenson Capital Partners to… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
El Paso Business Cycle Index expands by 3.2%
The El Paso Business Cycle Index expanded in May 2019, increasing by an annualized 3.2%. The metric was stronger than… Read more
GenCap Begins 350-Unit Sarah at Lake Houston
GenCap Partners Inc. broke ground on The Sarah at Lake Houston, a 350-unit apartment complex in Humble, TX. The complex… Read more
Howard Hughes Gets Zoning Nod for 261-Acre Monarch City
The Howard Hughes Corp. (HHC) received zoning approval for Monarch City, a 261-acre, mixed-use development project in Allen, TX. The… Read more
Victory Capital Pays $850M for USAA’s Asset Management Company
Victory Capital Holdings closed on its acquisition of San Antonio-based USAA Asset Management Co., paying $850 million. This means that… Read more
Avison’s Nelson Team Markets East Harlem Portfolio
Avison Young’s tri-state investment sales group has been hired to market a multifamily portfolio comprised of three newly-constructed properties, and… Read more
Conn’s Plans Statewide Renovations, Store Additions
Conn’s HomePlus intends to complete nine projects in Texas by the end of this year. The count will include seven… Read more
Corpus Christi Net-Lease Government Building Sells to Midwest Buyer
A single-tenant, net-lease office building, holding the Texas Department of Family & Protective Services, sold to a Midwest buyer for… Read more
Fidelis Makes Strides with San Jacinto Mall Redo
In 2015, Fidelis Real Estate Partners acquired Baytown, TX’s San Jacinto Mall, with plans to demolish, then re-build the property… Read more
James Avery Planning Second HQ in Cedar Park
James Avery Artisan Jewelry plans to build a 35,000-square-foot office headquarters in Cedar Park, TX. The jewelry design company, based… Read more
Nema Chicago Tower Lands $340M Refi Ahead of Completion
Crescent Heights, which is developing Chicago’s tallest apartment building, has refinanced the project with a $340-million loan months before completing… Read more
NRP Breaks Ground in Cleveland’s Euclid-Green Neighborhood
The NRP Group broke ground on The Residences at Cornerstone, a 76-unit affordable housing apartment community in the Euclid-Green neighborhood on Cleveland’s East Side.… Read more
Spaces Branches Out into Multifamily Sales
Spaces Real Estate launched its new multifamily sales division, Spaces Invest. Brokers Julia Stoner and Roman Serra will spearhead the division,… Read more
State Puts 112K-SF Historic G.J. Sutton Complex Up for Sale
Legislation passed by the state of Texas paves the way for the sale of the G.J. Sutton complex at 321… Read more
Bronx Apartments Will Return to Rent Stabilization Post-Sale
Stellar Management completed the sale of 1133 Ogden Ave., also known as Highbridge House, to Camber Property Group and Belveron… Read more
PCCP Provides Refi on Chicago-Area Luxury Build
PCCP LLC provided a $33.1-million senior loan to GSP Development for the refinance of Apex 41, a five-story, 181-unit, luxury… Read more