HOUSTON – (Realty News Report) – Houston’s new psychiatric hospital will be more than the largest academic psychiatric hospital in the nation; it aims to redefine expectations about what a public mental health facility can and should be. Architect Diana Davis, principal and managing director of Perkins and Will’s Houston studio, says the design prioritizes … Read more

Park Plaza Hospital, located adjacent to Hermann Park in Houston, is being acquired by the HCA hospital firm. HOUSTON — HCA has reached agreements to acquire three hospitals in Houston from Tenet Healthcare and an additional hospital in the Houston area from Community Health Systems. Once the transactions close, HCA, based in Nashville, will add … Read more

HOUSTON – (Realty News Report) – Regus, the largest flexible office and co-working operator in Houston, has renewed an 18,000-square-foot lease at One Westchase Center in West Houston, according to Transwestern. Industry experts say many tenant companies will increasingly rely on flexible office space and co-working solutions as businesses navigate uncertainty during the coronavirus pandemic … Read more

HOUSTON – (Realty News Report) – Houston ranked among the Top 10 U.S. markets last year where buyers could find a deal on a home, according to a study by Owners.com. That’s encouraging news, especially after the intense national and international attention the city received following Hurricane Harvey. Founded in 1996 as an online for-sale-by-owner … Read more

HP Plaza, a new office development, has been sold to Northridge Capital LLC. HOUSTON – (By Ralph Bivins, Editor of Realty News Report) – Northridge Capital LLC completed one of Houston’s largest office transactions of 2019, citing the need for companies to attract and retain talent as a key driver behind the acquisition, according to … Read more

HOUSTON – (Realty News Report) — Sourcepoint Inc., a provider of products and services to the mortgage industry, has leased 34,852 square feet of office space on Beltway 8 in west Houston. The building, located at 8101 W. Sam Houston Parkway South, is owned and managed by Denver-based EverWest Real Estate Investors. Sitting on a … Read more

Chris Herbert DENVER — After nearly a decade of weak appreciation, home prices across the United States are rising again, driven by strong demand and tightening supply, according to the State of the Nation’s Housing report from the Joint Center for Housing Studies of Harvard University. The study was released Wednesday during the 51st conference … Read more

The Woods of Ridgmar apartments in Fort Worth was one of several multifamily deals closed by Transwestern. DALLAS — Transwestern’s Dallas-based Multifamily Investment Services team closed transactions totaling approximately 1,600 apartment units in North Texas, with a combined value near $85 million. The deals, completed in the final weeks of the year, were handled by … Read more

Whole Foods HOUSTON – (By Dale King, Realty News Report) – People have long said “you are what you eat.” A recent study from ATTOM Data Solutions suggests a modern financial twist: where you buy groceries may influence your home’s value. ATTOM researchers examined whether proximity to different grocery chains — Trader Joe’s, Whole Foods … Read more

Rendering of the 701 Rio office project in Austin. AUSTIN – B&Z Development has broken ground on a five-story, 120,000-square-foot speculative office building located just a few blocks southwest of the Texas Capitol on the western edge of downtown Austin. CBRE arranged $72 million in combined loan and equity financing for the project, which is … Read more