SPRING, Texas – (Realty News Report) – Wood Partners, an Atlanta-based multifamily real estate development and acquisition firm, has broken ground on Alta Cathedral Lakes, a 300-unit apartment community in Spring, north of Houston. The project will be located at 698 Basilica Bay Drive within Cathedral Lakes, a new master-planned community in Spring that encompasses … Read more
HOUSTON – (Realty News Report) – A joint venture between Dallas-based developer Urban Logistics Realty and a real estate fund advised by Crow Holdings Capital has broken ground on Urban District 290, a two-building urban industrial development totaling 238,200 square feet in northwest Houston. This marks Urban Logistics Realty’s first project in Houston. Nathan Wynne … Read more
SAN DIEGO, Calif. – (Realty News Report) – Belmont Village Senior Living, a Houston-based residential developer, in partnership with Greystar, has broken ground on a new high-rise senior living tower in San Diego County. Named Belmont Village La Jolla, the 17-story building will offer 180 residences across Independent Living, Assisted Living and Memory Care. Belmont … Read more
RNR Real Estate Briefs from Realty News Report – KATY – Colliers International announced the sale of Cinco-Westheimer Parkway Plaza located on 1.6 acres at 20680 Westheimer Parkway. The 17,500-square-foot retail plaza was purchased by DAV Entrepreneurs. Colliers’ Diamond Adatia represented the buyer, while Jenny Seckinger and Ace Schlameus of Colliers International represented the seller, … Read more
Stephen Fox HOUSTON – (Realty News Report) – Houston has long had a reputation for favoring the new over the old, often choosing redevelopment over preserving historic buildings. Recently, however, attitudes appear to be shifting—most notably with the preservation efforts surrounding the Astrodome after decades of debate. Why has the city demolished so many structures … Read more
HOUSTON – (By Dale King, Realty News Report) – Texas and Florida have long been rivals in the annual race to feature among the Top 50 Master-Planned Communities (MPCs) in the nation, according to a new-home sales analysis by RCLCO, a real estate consulting firm. “Home sales in the nation’s Top 50 MPCs exceeded expectations … Read more
Mark Sikes, Deal Sikes & Associates Houston’s economy is showing signs of recovery as oil prices climb and activity in the oilfields increases. Ongoing population growth continues to strain the city’s road network, prompting city leaders to explore enhanced public transit options. While institutional investors remain cautious about Houston’s office market—where vacancy rates have been … Read more
RNR Real Estate Briefs from Realty News Report –MONTGOMERY, Texas – J. Alan Kent Development has purchased 441 acres near Lake Conroe for a new residential community that will include more than 1,000 lots, according to Newcor. Agents David Alexander and Josh Cheatham of Newcor represented the buyer. The site sits close to the Bentwater … Read more
RNR Real Estate Briefs from Realty News Report – HOUSTON — Reed Vestal and Taylor Schmidt of Lee & Associates – Houston represented 290 Betka, LLC in the acquisition of 265.63 acres at 26103 Betka Road in Hockley. Jeffrey Pittman and Alex Makris of CBRE represented the seller, McAlister Opportunity Fund 2012, LP. HOUSTON — … Read more
Andrew Kupiec, CEO of Hana HOUSTON – (Realty News Report) – While working from home offers clear benefits, a new survey from CBRE Hana, LLC finds that 92 percent of office workers now recognize distinct advantages to working in the office. The Harris Poll conducted the survey of more than 1,000 office-based employees on behalf … Read more