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
Salata expands salad empire. HOUSTON – (Realty News Report) – Salata, a Houston-based fast-casual salad chain, has engaged CBRE to support an aggressive expansion plan that includes adding 130 new locations and entering the Florida market. CBRE will advise Salata in selecting sites for 30 restaurants scheduled to open this year, followed by another 100 … Read more