HOUSTON – (By Dale King, Realty News Report) — A scorching Texas summer may be over on the calendar, but the state’s real estate market remains hot. Industry analysts expect some stabilization ahead, yet recent data show strong gains in home sales, rentals and lease activity. The newly released 2021 “Texas Condominium Sales Report” from … Read more
This project in Tulsa was part of the RADCO sale. HOUSTON – (Realty News Report) – CBRE has brokered the sale of a 10-property workforce housing portfolio owned by Atlanta-based The RADCO Cos. Brookfield, Wisconsin-based MLG Capital acquired the 10 multifamily communities, totaling 2,769 units across Texas and Oklahoma. Shea Campbell, Colleen Hendrix and Ashish … Read more
The Lake Wyndemere apartments in The Woodlands are part of a large Texas portfolio purchased by a Florida-based multifamily firm. HOUSTON – (Realty News Report) – American Landmark, a Tampa, Fla.-based multifamily owner-operator, has acquired a six-property apartment portfolio across major Texas metros. The acquisitions include communities in Houston, San Antonio, Austin and Irving, totaling … Read more
AUSTIN – (Realty News Report) – Texas ranked third nationwide, behind Florida and California, for homes purchased by international buyers, according to the Texas International Homebuyers Report released by Texas Realtors. Where did the international buyers come from? Texas was the top U.S. destination for international homebuyers from Mexico, according to the Texas Realtors report, … Read more
HOUSTON – (Realty News Report) – Hines has broken ground on the first building at Levit Green, a 53-acre mixed-use life science district situated adjacent to Houston’s Texas Medical Center. This development will transform more than 53 acres of prime real estate into a campus tailored for research, innovation and community living. The initial project … Read more
HOUSTON – (Realty News Report) – Sidra Real Estate has retained Transwestern Real Estate Services to provide office leasing services for two prominent properties in Houston’s Riverway submarket. The portfolio includes 2 Riverway, a 369,479-square-foot office tower, and a 122,899-square-foot office building at 4900 Woodway, both located just west of Loop 610. The Transwestern leasing … Read more
LAS VEGAS – (Realty News Report) – The Howard Hughes Corporation has officially broken ground on a new mixed-use expansion in Downtown Summerlin, Las Vegas, including a 10-story office building and an adjacent multifamily complex. Summerlin, a master-planned community spanning some 22,500 acres, has maintained its place among the nation’s top-selling master-planned developments for nearly … Read more
Robert Clay PASADENA, Texas — Clay Development & Construction Inc. has started construction on Energy Commerce Phase II, a speculative two-building warehouse and distribution project totaling 334,360 square feet on the east side of Houston in Pasadena. The project is scheduled for completion in the first quarter of 2018 and is designed to meet growing … Read more
RNR Real Estate Briefs from Realty News Report – HOUSTON — 1906 Heights, LLC purchased a 3,600-square-foot office at 1906 Heights Blvd. in Houston to relocate its downtown defense attorney law firm. Noah Kruger with Savills Real Estate represented the buyer. The seller, Summit Path Investments, LLC, was represented by Ryan Neyland of Davis Commercial. … Read more
A night view of downtown Austin. Photo: Ralph Bivins, Realty News Report WASHINGTON – (By Ralph Bivins, Realty News Report) – Austin topped a list of 80 cities for overall real estate prospects in 2020, according to the Emerging Trends in Real Estate report co-published by ULI and PwC. Dallas-Fort Worth placed sixth, San Antonio … Read more