Bruce McClenny HOUSTON – (Realty News Report) – Over the past 18 months Houston’s multifamily market has experienced dramatic swings. The market was relatively soft until Hurricane Harvey struck, at which point much of the multifamily vacancy evaporated as displaced residents sought rental housing. Now, as many of those households return to repaired single-family homes, … Read more

HOUSTON – (Realty News Report) – Mosaic Advisors is relocating its headquarters to the Regions Financial Center, having signed a long-term lease for 6,059 square feet of office space. The 11-story Regions Financial Center is located at 3773 Richmond Avenue in the Greenway Plaza/Upper Kirby area. The building was developed through a joint venture between … Read more

Patrinely Group and USAA are developing a building for Q2 in Austin. Photo credit: Scott Mason, courtesy of Patrinely Group AUSTIN – A joint venture between Patrinely Group and USAA Real Estate will develop a four-story office building in northwest Austin as the third phase of the Aspen Lake campus. The 129,000-square-foot project, slated to … Read more

SAN ANTONIO – (Realty News Report) – BH Properties has purchased the vacant Navarro Building on the Riverwalk in San Antonio from public utility CPS Energy. The Navarro Building and adjacent parking garage along the Riverwalk features about 100,000 square feet of office space situated atop one of the city’s largest parking structures, with 605 … Read more

The Buffalo Heights mixed-use project has topped out. HOUSTON – (Realty News Report) – Arch-Con Construction has topped out the seven-story, 742,000-square-foot Buffalo Heights District mixed-use development at the corner of Washington Avenue and South Heights Boulevard. The Buffalo Heights District, owned by the Gordy family and developed by Midway, features a design by Ziegler … Read more

Vintage Park Apartments HOUSTON — Florida-based Atlantic | Pacific Companies, together with its co-sponsored fund Blue Atlantic Partners, has completed its fifth acquisition of the year and its ninth property in Texas with the addition of the 324-unit Vintage Park Apartments in Houston to its growing portfolio. “Houston is one of the fastest-growing metropolitan areas … Read more

Laura Hines-Pierce HOUSTON – (Realty News Report) – Hines, the global real estate firm headquartered in Houston, announced the promotion of Laura Hines-Pierce to Senior Managing Director, Office of the CEO. Ms. Hines-Pierce is the granddaughter of Gerald D. Hines, the master developer who founded the company in Houston in 1957. In her new position, … Read more

Ralph McLaughlin of CoreLogic HOUSTON – (By Dale King, Realty News Report) – Investors, speculators and small “mom & pop” buyers are purchasing homes at record rates—either to rent, flip, or demolish and rebuild—according to a national home-purchase activity report released by CoreLogic, Inc. The report finds that the share of U.S. homes bought by … Read more

This is a rendering of Skanska’s proposed Capitol Tower, designed by Gensler. HOUSTON – Over the weekend, Skanska USA installed a construction crane in downtown Houston, signaling that the company expects to begin vertical construction on a long-planned office tower, according to the Houston Chronicle. Skanska first announced plans several years ago to build a … Read more

HOUSTON – (Realty News Report) – Denver-based EverWest Real Estate Investors has entered the Houston mid-sized industrial market with the $8.75 million acquisition of a 109,000-square-foot warehouse facility near the Port of Houston. The property is located less than four miles from Barbours Cut Terminal and approximately 4.5 miles from Bayport Container Terminal. It is … Read more