Brookfield Property Partners has created a park at its Allen Center complex in downtown Houston. Photo credit: Ralph Bivins, Realty News Report. HOUSTON – Brookfield Property Partners L.P. announced the completion of the first phase of the Allen Center redevelopment, a 3.2 million-square-foot complex located at the southwest corner of Smith and Dallas streets in … Read more
The Century Square mixed-use project in College Station was developed by Midway Cos. of Houston. HOUSTON — (Realty News Report) — JLL has secured a $42 million refinancing package for Century Square, a 60-acre mixed-use development located adjacent to Texas A&M University in College Station. The property includes 159,128 square feet of retail space and … Read more
HOUSTON – (Realty News Report) – Elandis, a Miami-based real estate investment and property management firm, has completed another multifamily acquisition in Houston’s Westchase District. Elandis purchased Hudson & Crosby at Westchase, two adjacent multifamily communities totaling 569 residential units, located at 2909 Hayes Road. These two-story properties align with Elandis’s strategy of acquiring workforce … Read more
Mayor Sylvester Turner HOUSTON – (By Dale King, Realty News Report) – The federal government has allocated $12 million in disaster relief funds to help a historic section of Houston rebuild after the destruction caused by Hurricane Harvey two years ago. The NHP Foundation (NHPF), a national nonprofit organization that provides affordable housing, announced it … Read more
To: Mr. Elon Musk, CEO of Tesla, Inc. From: Ralph Bivins, editor of Realty News Report and author of Houston 2020: America’s Boom Town – An Extreme Close Up, and the people of Houston. Re: Locating Tesla in Houston In response to your Saturday tweet that “Tesla will now move its HQ (from Palo Alto, … Read more
Gaia Real Estate sold the 200-unit Eagle Crest and another multifamily property on the northeast side of Houston. CBRE represented Gaia. HOUSTON — Mosaic Residential, a Houston-based multifamily investment and management firm, has acquired two apartment communities in Humble on Houston’s northeast side. The acquisitions expand Mosaic’s local portfolio and target value-add opportunities in strong … Read more
Rendering of phase one of Buffalo Heights project under development on Washington Avenue by Midway. HOUSTON — Holliday Fenoglio Fowler secured $66 million in construction financing for Phase I of the Buffalo Heights development, a grocery-anchored mixed-use project on Washington Avenue near Heights Boulevard. The seven-story building will include a 96,000-square-foot ground-level H-E-B grocery store, … Read more
Tilman Fertitta HOUSTON – Tilman Fertitta, the Houston-based restaurateur, real estate developer and hotelier, has been named Realty News Report’s Person of the Year for 2017. Tilman Fertitta’s influence in Houston and beyond comes from a rare combination of ambitious development projects, a vast hospitality portfolio and high-profile business moves that attract national attention. Born … Read more
Rendering of restaurant that will open in Wells Fargo Plaza. HOUSTON – Adair Concepts, a Houston-based restaurant group, will open a new restaurant in the 71-story Wells Fargo Plaza at 1000 Louisiana Street in downtown Houston. The new venue will serve breakfast and lunch, offer small plates, and present a curated selection of premier wines, … Read more
NEW ORLEANS — The National Association of Real Estate Editors (NAREE) is now accepting entries for its 75th Annual Journalism Competition. Deadline: Submit entries at www.naree.org between Feb. 1 and March 1, 2025, by 11:59 p.m. EST. The competition welcomes reporters, columnists, writers, editors, and freelancers who cover commercial and residential real estate, mortgage finance, … Read more