Waco
Medical Center Hospital of Odessa Becomes Joint Owner of Rehab
Medical Center Hospital of Odessa has become a joint owner of Encompass Health Rehabilitation Hospital of Midland Odessa, an 80-bed… Read more
Gato Montez Acquires Industrial Asset, Acting as Owner/Operator
Gato Montez recently acquired an industrial manufacturing property in Waco for an undisclosed purchase price. The local buyer intends to… Read more
Assisted Living Facilities Nab $106M in Recap Funds
Financing to the tune of $105.9 million was recently arranged to recapitalize a portfolio of six assisted living/memory care properties.… Read more
El Paso Joins Long List of Music Friendly Communities
Having completed the multi-step certification process, El Paso has been designated as a Music Friendly Community by the Texas Music… Read more
Texas Gets Nod for Attracting High-Value Investments
Texas was again recognized with a Gold Shovel Award by Area Development magazine for attracting high-value business investments in 2020… Read more
Texas Music Industry Generates $27.3B in Economic Activity
Gov. Greg Abbott announced that Dripping Springs, having completed the multi-step certification process, has been designated as a Music Friendly… Read more
W. P. Carey Wraps 2020 with Four Net Lease Deals Totaling $121M
Net lease REIT W. P. Carey Inc. (WPC) said it had completed four industrial investments in December 2020 totaling approximately $121 million and covering… Read more
CushWake Arranges SLB in Waco, Northeast PA
Cushman & Wakefield arranged a $29-million sale-leaseback on behalf of Time Manufacturing Company, a global designer, manufacturer, and distributor of… Read more
Private Investor Snags Waco Multifamily
FourPoint Investment Sales Partners arranged the sale of Bear Gardens Apartments in Waco. Built in 2001, Bear Gardens is a boutique 12-unit garden apartment… Read more
Amazon Eyes 2021 Opening for Waco Fulfillment Center
Amazon.com on Friday announced plans to open its first fulfillment center in Waco, which is anticipated to launch in 2021. The… Read more
$11M in LIHTC Funds Waco Seniors Complex
Hunt Capital Partners, in collaboration with co-developers Mears Development and Construction Inc. and Harris284 Team Inc., closed on $11 million in federal low-income housing tax… Read more
PAC to Sell Student Housing Portfolio to TPG for $479M
Atlanta-based Preferred Apartment Communities has announced that it has entered into an agreement to sell its student housing portfolio to… Read more
Rosewood Arranges Multifamily Deals in SA, Waco
Rosewood Realty Group arranged the sale of two large new-construction multifamily properties totaling 528 units in Texas. They included the 268-unit… Read more
NorthMarq Adds Multifamily Specialists in San Antonio
NorthMarq’s San Antonio office added to its investment sales team by bringing on Bryan VanCura and Phil Grafe as associate… Read more
First-Time Jobless Claims Declining, Still Large by TX Standards
The tide of coronavirus-induced layoffs in Texas appears to be slowly receding, the Austin American Statesman reported Thursday. Weekly claims… Read more
Waco’s Riverfront Lofts Lands Construction Debt
A JLL Capital Markets team led by Jeremy Sain arranged construction financing for The Riverfront Lofts, a 266-unit, Class A… Read more
Perryman Sees “Pause” Ahead for TX, Then Fast Recovery
For Texas as for the U.S., the Waco-based Perryman Group’s latest economic forecast calls for significant losses this year due to the… Read more
PCCP Teams with Kairoi Residential to Acquire 326-Unit Boulevard at Sonterra
California-headquartered PCCP LLC formed a joint venture with Kairoi Residential of San Antonio to acquire and renovate the 326-unit Boulevard… Read more
Pennsylvania Architect to Suggest New Uses for Texas Jail
Commissioners in McLennan County turned to Pennsylvania-based architecture firm IKM Inc. to determine the future of a former jail in… Read more