GreenStreet in downtown Houston is undergoing a major capital improvement program. HOUSTON – (Realty News Report) – JLL has secured a $140 million refinancing for GreenStreet, a 617,000-square-foot mixed-use development in downtown Houston. JLL represented the borrowers, Lionstone Investments and Midway, in arranging the loan, which was provided by Blackstone Real Estate Debt Strategies. GreenStreet … Read more
THE LEGENDS OF REAL ESTATE AWARDS 2016 – Ralph Bivins, editor of Realty News Report, has identified the people, projects, deals and ideas that most shaped Houston’s real estate market in 2016. These selections aren’t always the largest or the first, but they highlight trends, promising opportunities and noteworthy achievements that point to the city’s … Read more
HOUSTON – (By Dale King, Realty News Report) – With 2022 fast approaching, Realtor.com projects a strong housing year ahead, forecasting that home sales could reach a 16-year high and that trends like workplace flexibility will help more buyers succeed. Realtor.com’s 2022 Housing Forecast says Americans will have improved chances of finding homes next year, … Read more
Houston real estate news from Realty News Report (see Texas statewide briefs below) Mike Spears Lee & Associates – Houston represented 6811-6815 Gant Road LLC in the lease of a 13,280-square-foot industrial manufacturing building on Gant Road. Mike Spears, Robert McGee and Mason Alsbrooks of Lee & Associates – Houston represented the landlord. The tenant … Read more
The new CityPlace 1 building in Spring. HOUSTON – (Realty News Report) – Arroyo Energy has leased office space in the newly completed CityPlace 1 building, located in the CityPlace development within Springwoods Village, north of Houston. Arroyo Energy is the first tenant to commit to the 149,500-square-foot building, which was developed by a joint … Read more
HOUSTON – (Realty News Report) – In September, Houstonians leased a record number of single-family homes as recovery from Hurricane Harvey drove an extraordinary 86 percent surge in rental activity. With an estimated 70,000 homes damaged by the storm, many homeowners had no choice but to seek rental housing while repairs or rebuilding were underway. … Read more
HOUSTON – (By Dale King, Realty News Report) — Texas home sales surged to a new high of 114,772 transactions in the second quarter of 2021, a 24.7 percent increase from the same quarter a year earlier, according to the 2021-Q2 Texas Quarterly Housing Report recently released by Texas Realtors. The statewide median home price … Read more
HOUSTON – (Realty News Report) – Ti Cold Development is building a 304,000-square-foot cold storage facility in north Houston near George Bush Intercontinental Airport. Demand for cold storage has surged with the growth of e-commerce as consumers increasingly buy groceries and meal kits online—a trend that accelerated during the coronavirus pandemic. The new Ti Cold … Read more
Hines has sold WaterWall Place, a multifamily development adjacent to the Galleria and Williams Tower. HOUSTON – Hasta Capital Acquires WaterWall Place, Prime Uptown Multifamily Asset Hasta Capital has purchased WaterWall Place, a seven-story, 316,000-square-foot, 322-unit rental residential property located in Uptown Houston. The building sits on a three-acre site at the northeast corner of … Read more
HOUSTON – (By Ralph Bivins for RNR) – Houston set a new monthly record in July with approximately 11,000 homes sold, a 23 percent increase compared with July 2019, the Houston Association of Realtors reported. It marked the first time monthly home sales in the region exceeded 10,000. Historically low mortgage rates — with 30-year … Read more