Ryan Epstein HOUSTON (By Dale King) – Apartment demand in the Houston metropolitan area strengthened in early 2017, according to a multifamily housing report. Residents leased a substantial number of units during the first quarter, producing a net absorption of 4,916 apartments — surpassing the 4,423 units absorbed during all of 2016, per Berkadia’s Q1 … Read more

The Mike Johnston Field at Legacy Stadium was unveiled in Katy, west of Houston. KATY, Texas – (By Michelle Leigh Smith) – Embracing the motto “go big or go home,” the Katy community gathered to preview the new $72 million Legacy Stadium, which is reportedly the most expensive high school stadium ever constructed. One of … Read more

The Morgan Group has acquired the Buffalo Pointe apartments, located about a mile from the historic Astrodome. HOUSTON – (Realty News Report) – The Morgan Group, a Houston-based multifamily investor and operator, has acquired The Beacon at Buffalo Pointe, a newly completed Class A apartment community featuring 281 units near the Texas Medical Center. JLL … Read more

NEORig facility in Conroe, north of Houston. CONROE, Texas – NEORig, a manufacturer of land drilling rigs and oilfield equipment, has expanded its Conroe Business Park campus at 100 North FM 3083 East by adding 57,024 square feet of dedicated assembly space. The addition, completed by Houston-based design/build firm KDW, doubles NEORig’s previous assembly capacity … Read more

Casa Verde Apartments HOUSTON — Trinity Casa Verde LLC has completed the acquisition of Casa Verde Apartments, a 384-unit garden-style apartment community located in north Houston near Interstate 45, Airline Drive and Beltway 8. The purchase was coordinated by Trinity Private Equity Group of Southlake, Texas, in collaboration with TRI Consulting Group. The property consists … Read more

HOUSTON – (Realty News Report) – The McCord organization is developing a 101,000-square-foot medical office building in Generation Park, located in northeast Houston. Designed by Kirksey Architecture to serve as the architectural centerpiece of Redemption Square, the five-story building will feature a glass façade and provide scenic views of the adjacent West Lake Park. Overlooking … Read more

HOUSTON – (Realty News Report) – A northwest Houston retail center that was damaged by Hurricane Harvey has completed repairs and signed a new tenant, signaling continued recovery for the area’s retail market. When Hurricane Harvey struck in late August 2017, the storm’s unprecedented rainfall and flooding inflicted widespread damage across the Houston region. The … Read more

Preliminary plan for Beacon Hill. HOUSTON – Wolff Companies has purchased 521 acres along U.S. 290 in Waller, northwest of Houston, to create a mixed-use development that will include light industrial and distribution buildings, as well as office and retail space. Located just west of FM 362 and sitting at an elevation of about 300 … Read more

David W. Myers David W. Myers, a seasoned journalist who spent decades covering real estate, has died. Early in his career he reported on real estate for the Los Angeles Times, where he contributed to team coverage that earned Pulitzer Prizes for reporting on the 1992 civil unrest and the 1994 major earthquake. For several … Read more

The University of Texas System has named JLL to market 215 acres in Houston. The site is due south of West University Place. HOUSTON – The parcel once proposed by University of Texas leaders as the home for a major data science institute has been placed on the market. JLL has been engaged by The … Read more