HOUSTON – (By Dale King, Realty News Report) – For years many Texas communities have been attractive to families, job seekers, former renters and retirees because of relatively moderate home prices that make settling down more affordable. The May Housing Affordability Index published by RealtyHop examined affordability across the 100 most populous U.S. cities and … Read more

The Champions Centre Apartments have been acquired by Eagle Property. HOUSTON – (Realty News Report) – Eagle Property Capital, based in Miami, has acquired three multifamily properties in the Houston market. The portfolio includes the 312-unit Landmark at Barker Cypress, the 192-unit Champions Centre Apartments, and the 246-unit Champions Park Apartments. Financing for the transactions … Read more

Stonebridge at City Park apartments. HOUSTON – An affiliate of Strategic Realty Holdings has acquired the 240-unit Stonebridge at City Park, located near Highway 288 on Houston’s south side. Strategic Realty Holdings, based in Calabasas, California, is led by Edward Lorin, a value-add multifamily specialist whose portfolio includes 75 apartment communities totaling roughly 15,000 units. … Read more

THE LEGENDS OF REAL ESTATE AWARDS 2016 – Ralph Bivins, editor of Realty News Report, has highlighted the most influential people, projects, deals, and ideas shaping the Houston real estate market in 2016. These selections are not always the largest or the first, but they reflect trends, future opportunities, visionary thinking, and notable accomplishments by … Read more

HOUSTON – (Realty News Report) – Pushed by the pandemic and long-term trends, surplus retail space is increasingly being repurposed as e-commerce warehouses. In short, Sears is out and Amazon is in. “Retail-to-industrial property conversions are accelerating across the U.S., driven by the growth of e-commerce. There are now 59 such projects that have either … Read more

Kevin Roberts When you mention Houston real estate to someone from out of town, their first thought often turns to the glut of empty office buildings in the nation’s energy capital. While Houston’s office market is certainly facing challenges—high vacancy and a substantial amount of sublease space—the situation is more nuanced than the headlines suggest. … Read more

CityPlace rendering HOUSTON – A 10-screen Star Cinema Grill is planned for CityPlace, the mixed-use development north of Houston adjacent to the Exxon Mobil campus in Springwoods Village near Interstate 45. The new theater joins a broader construction surge at CityPlace, where three major office buildings and a hotel are currently being built. Star Cinema, … Read more

The 3040 Post Oak Blvd. building was developed by Hines. HOUSTON – Carriage Services Inc. has finalized a long-term lease extension for its 47,742-square-foot office at 3040 Post Oak Blvd. MetLife, the landlord, was represented by Ryan Barbles and Mathew Volz of Stream Realty. Carriage Services was represented by Garrold Parratt and Ronnie Deyo of … Read more

Alex Taghi HOUSTON – (Realty News Report) – Houston now has 51.1 million square feet of vacant office space, according to NAI Partners’ third-quarter market report. The elevated vacancy level follows a downturn in the energy sector and related workforce layoffs. Out of roughly 236 million square feet of existing office space citywide, Houston’s vacancy … Read more

DALLAS – (By Dale King, Realty News Report) – As remote work gains prominence during the coronavirus era, Integrity Marketing Group, a leading independent distributor of life and health insurance products, is opening a new downtown Dallas headquarters designed to foster collaboration and innovation. Integrity Marketing Group has started relocating its corporate headquarters—renamed a “shared … Read more