Texas
Cali Buyer Enters Texas, Snaps Up 588 Units
Gelt Inc., headquartered in Los Angeles, made its entry into Texas, acquiring a two-property apartment portfolio in San Antonio totaling… Read more
GECU Unveils HQ Expansion Plans
GECU, the largest, locally-owned financial institution in El Paso, announced plans to expand its headquarters. To that end, the company… Read more
Mayor to City Council: End CodeNEXT
Austin Mayor Steve Adler asked the city council to consider ending CodeNEXT, the project launched in 2013 to rewrite the… Read more
Canadian Trio Forms Investment JV for $1B US Industrial Play
WPT Industrial Real Estate Investment Trust, Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corporation (AIMCo) formed a… Read more
Investors Pay Top Dollar for MOBs
LaSalle Investment Management’s acquisition of Memorial Hermann Medical Plaza in Houston for $405 million set a new record for a… Read more
A Matthews Real Estate Update: Q&A with David Harrington
A year ago, Connect Media sat down with Matthews Real Estate Investment Services’ David Harrington, to ask him why the… Read more
An Answer to the Midlothian Mystery: It’s Google
In June 2018, it was announced that the Midlothian, TX City Council was offering property tax abatements to Sharka LLC,… Read more
El Paso Economic Indicators and Good News
Continued job growth and record home sales boosted El Paso economic indicators in June 2018, according to data released by… Read more
Now Hiring: Booz Allen Hamilton
Booz Allen Hamilton, which has two offices in San Antonio, wants to expand by about 90 more people. The company,… Read more
Office Sublease Index Shows Slight Decline
The NAI Partners Sublease Index decreased 10 basis points to 15.2% in July 2018. The office Sublease Index is measured… Read more
RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s… Read more
Chicago’s Office Users Want Flexible Spaces and Hours
What do Chicago’s office-using employees want? Eighty-eight percent of them want a flexible work environment, according to Capital One’s 2018… Read more
B2B Veteran Barry Cohen Joins Connect Media Team
Connect Media has brought in B2B veteran Barry Cohen as director of business development for the Chicago and Texas markets,… Read more
Alamo Manhattan Secures $61M Loan for Marriott Uptown
Developer Alamo Manhattan secured a $61 million loan to finance Marriott Uptown, a 255-key hotel that will be built in… Read more
EVO Entertainment Introduces EVO Live
EVO Entertainment Group unveiled plans for its newest entertainment venue, a 150,000-square-foot, 15,000-seat amphitheater dubbed EVO Live. The project is… Read more
JV Ends 3-Year Hold, Unloads Huntington Glen Apartments
L5 Investments and BH Equities ended its three-year hold on Huntington Glen Apartments, selling the 364-unit property to GVA Real… Read more
Permian Basin Economy Continues Robust
Continued historic low unemployment, combined with increasing employment growth, has led the Federal Reserve Bank of Dallas to note that… Read more
CBRE Global Investors Divests 4-State MF Portfolio
The Texas Multifamily conference is taking place on Aug. 23! Log on here for information, and to register. Chicago-based Waterton acquired… Read more
Where are Opportunities in Retail Today?
By Dennis Kaiser The recent rally in net operating income (NOI) growth reflects stable property fundamentals and improving financial metrics… Read more