HOUSTON – (By Dale King, Realty News Report) — As August arrives, the United States moves into the middle portion of the 2021 hurricane season, the period historically most likely to produce the strongest and most numerous storms. Many Houston residents remain cautious, still remembering the intense rain, wind, storm surge and widespread property destruction … Read more
The New Book by Ralph Bivins, Editor of Realty News ReportSigned copy in Houston Food Bank Wednesday. HOUSTON – (Realty News Report) – Please register as soon as possible to participate in the June 24 Wednesday evening online poker tournament to benefit the Houston Food Bank. The entry fee is just $25. The Chipping In … Read more
Bob Berry HOUSTON – Warehouse construction in Houston is accelerating as strong job growth, rising oil prices and the city’s development as a major distribution hub are energizing the industrial real estate market. According to a new report from Avison Young, 63 major industrial buildings are currently under construction, with additional projects in the pipeline. … Read more
HOUSTON – (Realty News Report) – Tilman J. Fertitta, a Houston businessman, has announced that Landry’s, Inc. has reached an agreement to acquire Del Frisco’s Double Eagle Steakhouses and Del Frisco’s Grille, a group that comprises 35 restaurants across 13 states. The seller is L Catterton, a leading global private equity firm focused on consumer … Read more
HOUSTON – (By Cynthia Lescalleet for Realty News Report) – The Astrodome, cherished by many and lamented by others, stands as an iconic Houston landmark seeking a sustainable, shared future. The Astrodome Conservancy is leading efforts to promote a dual mission: stewarding the historic structure while forging partnerships to preserve and responsibly redevelop the aging … Read more
HOUSTON – (Realty News Report) – Stream Realty Partners has been retained to lease 3 Sugar Creek, an office building in Sugar Land on Houston’s southwest side. The six-story tower is owned by an affiliate of Houston-based Wedge Group, 3 SC Center, LLC. Wedge is investing in upgrades to the 153,000-square-foot 3 Sugar Creek building, … Read more
CARROLLTON, Texas – (Realty News Report) – Starwood Capital Group, the Miami-based investment firm led by Barry Sternlicht, has acquired Keystone at Castle Hills, a 690-unit multifamily community in the Dallas area. The property is located at 4600 N. Josey Lane in the Carrollton suburb. CBRE Capital Markets’ Dallas Multifamily team represented the seller, Acre … Read more
HOUSTON – (Realty News Report) – Serenity Communities by Gracemark Homes is developing Serenity at Meridiana, a new active-adult community located south of Houston. Active-adult communities are designed for homebuyers age 55 and older and are attracting buyers from the large Baby Boomer generation seeking low-maintenance homes and a socially engaging lifestyle. Serenity at Meridiana … Read more
Larry Koestler HOUSTON – (By Dale King, Realty News Report) – Science fiction fans may call space the final frontier, but on Earth, unused or underused space in offices and warehouses is an avoidable expense. SpaceShare operates a peer-to-peer platform that helps individuals, teams and companies monetize or access unused space and shared amenities. The … Read more
HOUSTON – (Realty News Report) – Houston home sales surged 47 percent in April as buyers continued to compete for houses despite record-high prices. Inventory remains exceptionally tight. Sellers frequently receive multiple offers, and many homes sell for above the asking price. A total of 9,105 single-family homes sold in April, up from 6,175 in … Read more