Texas
Ashford Acquires Santa Cruz Hilton-Flagged Property for $50M
Ashford Hospitality Trust, Inc. acquired the 178-room Hilton Santa Cruz/Scotts Valley in Santa Cruz, CA from Philadelphia-based The Arden Group… Read more
Construction Underway on Texas’ Largest Solar Farm
Enel Green Power North America Inc. launched construction of the 497-megawatt Roadrunner, which will be Texas’ largest solar farm, and… Read more
Hanover Republic Square OK’d for Density Bonus Program
The Austin Design Commission unanimously voted to recommend the 310-unit Hanover Republic Square for the city’s Downtown Density Bonus Program.… Read more
Happy State Bank Expands Texas Footprint
Happy State Bank, headquartered in the Texas panhandle town of Happy, has agreed to purchase operations of First Bank and… Read more
LED Display Centerpiece of Delta Hotels by Marriott
The 300-room Delta Hotels by Marriott Watters Creek Convention Center will open shortly in Allen, TX, north of Dallas. The… Read more
New Ideas Abound to Address Retail Parking Challenges
Once upon a time, malls, grocery-anchored community centers and other retail properties were situated in the suburbs, where land was… Read more
Roberts Communities Creating Luxury Manufactured Housing
Roberts Communities unveiled its new NXT line, which will lead to 845 manufactured homes throughout South and Central Texas. The… Read more
TriArc Snags 112-Unit Smart Living at Stuebner Airline
TriArc Properties succeeded in acquiring Smart Living at Stuebner Airline, a 112-unit apartment complex in north Houston. The Spring, TX-based… Read more
229-Unit Enchanted Hills Sells to Investment Group
The 229-unit Enchanted Hills, a Class B, affordable apartment complex near Dallas’ White Rock Lake, sold to a local investment… Read more
Austin-Area and Central Texas Lease Round-Up
512-Society Property Management leased 2,200 square feet at 714 S. Austin Ave., Georgetown. Andrew Perkel of Retail Solutions represented the… Read more
Cavender’s Breaks Ground on New HQ
Cavender’s, which is best known throughout Texas and the southeast for its boots and other western wear, broke ground on… Read more
HUD to Harvey Victims: Here is More Money
The U.S. Department of Housing and Urban Development (HUD) announced $652 million in additional funding for Texans impacted by Hurricane… Read more
Office Asking Rents Up 2%, YoY
San Antonio’s office market experienced a year-over-year vacancy increase of 10 basis points in February 2019. Also up from the… Read more
Right Move Awarded Self-Storage Portfolio Management
Right Move Storage LLC has been awarded the management and leasing of a 1,052-unit self-storage portfolio, consisting of two properties… Read more
$135M Sharia-Compliant Financing Arranged for Multi-State Student Housing Portfolio
HFF arranged the capital stack for a six-property student housing portfolio totaling 911 units with 2,059 beds in Alabama, Florida,… Read more
Connect Houston Recap: All Bets on Houston
By Melissa Baer More than 200 commercial real estate leaders gathered at Connect Houston on Feb. 26 to hear industry… Read more
AT&T Brings Broadway Building to Market
One of AT&T’s San Antonio corporate buildings is for sale. The 347,426-square-foot building at 4119 Broadway St. is listed by… Read more
Braun Enterprises Plans Retail Center Renovation
Braun Enterprises acquired a 70,000-square-foot retail center at 8141 Long Point from Long Point Partners. The new owner rebranded the… Read more
CBRE Expands Valuation and Advisory Services to El Paso
CBRE established a Valuation and Advisory Services (VAS) presence in El Paso with the hire of two appraisal experts. Ruben… Read more