Investing

Investing
Walgreens Victoria, TX

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Texas

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 9005 N Navarro Street in Victoria, Texas for $6,550,000.
Colby_Regent

Brookfield Residential Debuts New Distinctive Home Designs by KTGY Architecture + Planning at Kissing...

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s new distinctive home designs targeting the needs of today’s discerning active adults were recently unveiled at Kissing Tree in San Marcos, Texas. Kissing Tree is the first baby boomer, master-planned community, for those 55 and better by Brookfield Residential Properties, and the first of its kind in San Marcos.
Just Brakes_Dallas

Hanley Investment Group Completes Sale of Single-Tenant Just Brakes Store and Sets New National...

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a single-tenant Just Brakes store in Dallas, Texas.
Dollar General

The Boulder Group Arranges Sale of Triple Net Leased Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 6292 US Route 77 in Riviera, Texas for $1,260,000
CVS (GL) - Dallas, TX

The Boulder Group Arranges Sale of Trophy CVS Pharmacy Ground Lease in Downtown Dallas...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction CVS Pharmacy ground lease located at 2501 N. Field Street in Dallas, Texas for $14,890,000. The property sold at a 4.60% cap rate which is the lowest cap rate for a CVS sale in 2016 according to CoStar

Kennedy Wilson Represents Hartman on Lease Transaction in South Texas Medical Center

Global real estate investment company Kennedy Wilson represented Hartman Income REIT Management, Inc. (Hartman), on a lease with Galen College of Nursing to expand to nearly 68,000 square feet at One Technology Center, located at 7411 John Smith Drive in San Antonio.

President Obama’s Fiscal Year 2017 Budget Proposes Major Investments Including the Purchase of IRS...

U.S. General Services Administration (GSA) announced significant new investments that are a part of the President’s proposed fiscal year 2017 budget request. The proposed budget is focused on tackling our nation's greatest challenges by making smart investments in federal infrastructure in Austin, Texas, including the purchase of the Internal Revenue Service (IRS) Annex Building and improvements to the Austin Finance Center.

TDHCA to the rent rescue

One unfortunate trait shared by many rural Texas communities is a shortage of safe, decent rental housing. Because of this short supply, it can be extremely difficult – not to mention expensive – to secure such housing

PASSCO COMPANIES ACQUIRES RECENTLY DEVELOPED 304-UNIT CLASS-A MULTIFAMILY COMMUNITY IN AUSTIN

Passco Companies, LLC has acquired Lone Oak Apartments, a recently completed 304-unit, Class-A garden-style multifamily community located in Round Rock, Texas, a suburb of Austin, according to Gary Goodman, Senior Vice President Acquisitions of Passco Companies.

Texas Delegation Works Together to Invest in Border Infrastructure

U.S. Sen. John Cornyn (R-TX) joined Congressman Will Hurd (R-TX), Chairman Michael McCaul (R-TX), and Congressman Henry Cuellar (D-TX) in efforts to give states more flexibility in how they use federal transportation funds, allowing them to invest more into border infrastructure. Reps. Hurd, McCaul, and Cuellar introduced H.R. 3181 in the House, and Sen. Cornyn worked to include similar language in the long-term highway bill currently pending before the Senate.

CBRE CAPITAL MARKETS ARRANGES $111 MILLION LOAN FOR APARTMENT PORTFOLIO IN HOUSTON, TX

CBRE Capital Markets’ Debt & Structured Finance team has arranged $111 million in refinancing for a 1,254-unit, three-property multifamily portfolio in Houston, Texas.

TIAA-CREF Acquires Student Housing Property near University of North Texas

TIAA-CREF, a Fortune 100 financial services organization and a leading institutional real estate investor, today announced the acquisition of 33º North, a student housing complex located at 919 Eagle Drive in Denton, Texas.

Stream Realty Partners to Develop First-of-its-Kind Active Adult Community in San Antonio

Stream Realty Partners, a full-service national real estate investment, development and services company, has announced plans to develop a 150-unit, active adult, apartment community in San Antonio. The 55-plus living community is the first of its kind in San Antonio, offering a fully integrated lifestyle that will allow residents the opportunity to explore health and wellness initiatives, social activities and group service projects. Stream expects to commence on the project in early 2016

City of Bogalusa receives $400,000 EPA Brownfields Redevelopment Grant

The U.S. Environmental Protection Agency (EPA) recently announced the City of Bogalusa as a recipient of $400,000 to assess, clean and redevelop contaminated properties in the local community. EPA recently awarded $54.3 million in investments grants to 145 other communities across the country. The project will boost local economies and leverage jobs while protecting public health and the environment

Governor Abbott Announces Kubota Tractor Headquarters Relocation To Texas

Governor Greg Abbott today announced that Kubota Tractor and Credit Corporations will relocate their corporate headquarters from Torrance, California to Grapevine, Texas.

Rep. Cuellar, USDA Announce $30,000 Investment in Encinal Water Supply Corporation

Congressman Henry Cuellar (D-TX28) and U.S. Department of Agriculture (USDA) Rural Development Under Secretary Lisa Mensah today announced that Encinal Water Supply Corporation will receive $30,000 in federal funds to complete a Preliminary Engineering Report and Environmental Report. The reports are required for the city to complete an application to apply for financial assistance from USDA Rural Development for water system improvements

SEC Sues Retirement Planners for Making False Claims to Investors

The SEC charges were filed in the U.S. District Court for the Northern District of Texas against Novers Financial and its principals Christopher A. Novinger and Brady J. Speers, who live in Mansfield, Texas, and host a financial radio show.

Reps. Brady and Crowley Move to Increase Foreign Investment in U.S. Real Estate

Two senior members of the House Ways & Means Committee are continuing their quest to remove a 1980’s era tax provision that discourages foreign investment in U.S. real estate.

Federal Home Loan Bank of Dallas Reports First Quarter Operating Results

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $23.1 million for the quarter ended March 31, 2015. In comparison, for the quarter ended December 31, 2014, the Bank reported net income of $10.8 million. The increase in net income from quarter to quarter was attributable primarily to a favorable change in the Bank's gains (losses) on derivatives and hedging activities ($7.1 million), gains associated with the sales of investment securities in the first quarter ($8.5 million) and a decline in operating expenses ($1.5 million), offset by a decline in net interest income ($3.4 million) and an increase in the Bank's Affordable Housing Program assessment ($1.4 million)

Commissioner Miller Announces $750,000 Grant Award to Grow Jobs in Schulenburg

Agriculture Commissioner Sid Miller today announced the Texas Department of Agriculture (TDA) has awarded $750,000 to the city of Schulenburg for infrastructure improvements through the Texas Capital Fund (TCF).

Popular

Texas condominium sales up, townhome sales down during first half of...

Condominium sales in Texas’s major metro areas increased and townhome sales fell in the first half of 2016, according to the Texas Condominium Mid-Year Sales Report. Released today by the Texas Association of REALTORS®, the report shows that condominium sales in Texas’ four largest markets have seen increasing demand over townhomes and single-family homes among young professionals and retirees. This is the first time in the report’s history that condo and townhome statistics have been reported separately.

Recent

TDI windstorm inspectors help consumers along coast

Michael Cowen helps homeowners with inspections so they can buy windstorm insurance. He drives hundreds of miles and spends hours on the phone each week talking with homeowners, contractors, and local building officials about inspection requirements.