FORT WORTH – (Realty News Report) – Clarion Partners and Crow Holdings Capital, in partnership with Rob Riner Companies, have acquired 556 acres to develop a major industrial park in Fort Worth totaling seven million square feet. The master-planned business park, named Carter Park East, will be built in multiple phases and will include both … Read more

Rendering of new multifamily being built in The Woodlands. THE WOODLANDS – (Realty News Report) – Howard Hughes Corp. has unveiled plans for a 364-unit multifamily development in the Creekside Park Village Center in The Woodlands. The apartment community will be located at the northeast corner of Creekside Green Drive and Kuykendahl Road. Studio Red … Read more

The Belvoir firm acquired the 7660 Woodway office building in the Memorial area of Houston. HOUSTON – Belvoir Real Estate Group LLC has acquired 7660 Woodway Drive, a 110,529-square-foot office building situated near Houston’s Memorial Villages neighborhoods. “7660 Woodway is already a strong asset in a prominent location. We are enthusiastic about the opportunity to … Read more

HOUSTON – (Realty News Report) – Greystar, a global multifamily real estate firm, has opened a 12-story residential tower named Ellison Heights on West 20th Street in The Heights neighborhood. “We knew there was a place for a boutique high-rise in the Heights,” said Brian Herwald, Managing Director of Development at Greystar. Ellison Heights contains … Read more

HOUSTON – (Realty News Report) – Camden Property Trust, a Houston-based multifamily real estate investment trust (REIT), was added to the S&P 500 index on Monday, marking a significant milestone for the company. Led by CEO Ric Campo, Camden Property Trust owns and operates 175 apartment communities comprising roughly 60,000 residential units across the United … Read more

Rendering of Bauer Pileco headquarters, which will be built in Conroe north of Houston. CONROE, Texas — Bauer-Pileco, a global supplier of foundation equipment and services for the foundation construction industry, has announced plans to build a new North American headquarters in Conroe Park North. The company will construct a 78,774-square-foot facility that combines office … Read more

Lawrence Yun, chief economist of NAR, addresses a press conference at the NAR convention in Chicago Friday. Photo credit: Ralph Bivins, Realty News Report CHICAGO – The National Association of Realtors (NAR) forecasts a 5 percent rise in median home prices next year, a gradual increase in mortgage rates to about 4.5 percent from roughly … Read more

Edith Personette 1933-2022 HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Edith Trimble Personette brought prestige and refinement to condominium living in Houston beginning in the early 1980s. “Before that, Houstonians were content to live on the ground,” recalls Broker Associate Rosie Meyers of Douglas Elliman. “Edith presented the numbers and showed … Read more

Bank of America is leaving the building that bears its name in Downtown Houston. But progress is being made in leasing the 56-story tower. HOUSTON – Bank of America will vacate the 56-story Bank of America Center, but leasing activity at the landmark downtown tower is moving quickly. The building, which totals approximately 1.2 million … Read more

LBJ rendering by Chas Fagan HOUSTON – A new fundraising effort has launched, backed initially by a $250,000 grant from the Brown Foundation, to build an 8-foot statue and monument honoring President Lyndon Baines Johnson. The proposed monument will sit within a small park called Little Tranquility Park, occupying a downtown block bounded by Capitol, … Read more