Austin
30-Story Dual-Branded Austin Hotel on Way
The Smash ATX bar is slated for demolition. In its place…a dual-branded Hilton hotel. Peachtree and Merritt Development are joining… Read more
Endeavor Building Nearly-200K-SF Austin Offices, to Include HQ
Endeavor Real Estate Group has closed on financing and is soon to begin work on a new 198,000-square-foot office and… Read more
NRP Advancing 336-Unit Austin Affordable Housing Venture
The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near… Read more
Life Sciences Employers Consider Areas Beyond Established Biopharm Hubs
In the labor market, life sciences hubs continue to rely on talent to drive innovation. According to Cushman & Wakefield’s… Read more
Austin Office Tower Trades for $151M
Brandywine Realty Trust sold downtown Austin’s 405 Colorado tower for $151 million. Chris Price at Partners was quoted in LinkedIn… Read more
Pharma JV Spending $500M on Austin Plant Expansion
The planned expansion of a Northwest Austin pharmaceutical manufacturing plant by a multi-national joint venture will nearly double the complex’s… Read more
The Sunbelt and Multifamily: Oversupply Isn’t the Whole Story
For the past two years, one word has dominated conversations about the Sunbelt apartment market: oversupply. The numbers behind the… Read more
JPI to Start Work on $90M Austin Apartment Project
JPI has closed on a 9.32-acre site in Austin, Texas, where it will build Jefferson Pearson Ranch, a $90 million,… Read more
Stonelake Lands $135M Refi on Domain Tower
Stonelake Capital has closed on a $135 million refinancing for Domain Tower 2, a 332,000 square foot office tower that… Read more
Construction Begins on Apartments at Cedar Park Mixed-Use Venue
JPI Development Group is pursuing construction of a 425-unit apartment complex at a massive mixed-use project in Cedar Park. The… Read more
Downtown Austin Hotel Acquired, Revamp on Way
A downtown Austin hotel built in 1985 has traded hands, and the buyer expects to begin a comprehensive renovation. JMI… Read more
Zumper: Median Apartment Rent Growth Turns Positive After Year of Annual Declines
The Zumper National Rent Index showed the median one-bedroom rent rose 0.5% month-over-month to $1,526, while two-bedroom rent increased 0.1%… Read more
Forman Provides Loan to Kickstart Marble Falls Mixed-Use Project
Forman Capital closed a $28.2 million lot development loan for The Highlands, a planned 253-acre mixed-use community located along Manzano… Read more
Austin, San Jose Lead in Rebounding Multifamily Fundamentals
Austin and San Jose top Apartments.com and CoStar’s latest U.S. Multifamily Momentum Index amid a period of diminishing supply pressures… Read more
NXP Selling Current Austin Facility, Renting Smaller Area Property
NXP Semiconductors NV will soon begin preparing its new Northwest Austin plant as it attempts to sell its 155-acre Oak… Read more
10,000 Seat Amphitheater, Hotel, Residences on Way to Hill Country
A Universal Music Group-affiliated company is developing the 10,000-seat White Rocks Amphitheater, 150 hotel rooms and 600 private residences. The… Read more
Advanced Manufacturing Tenant Signs Headquarters Lease in Scripps Ranch
Luminous Capital Management, in partnership with Austin-based Virtus Real Estate Capital, has leased its 75,000-square-foot industrial property located at 10225… Read more