Press Releases
| Investing |
91 Unit Dallas Apartment Property Is Latest Acquisition For Texas Apartment Buyer Group
November 3, 2009 Posted by Sheri Jones
Austin, TX - November 3, 2009 - (RealEstateRama) — based Anew Realty Group, LLC has purchased the 91-unit apartment property Highland Oaks at 2121 West Irving Boulevard in Irving, Texas. The purchase was facilitated by the Marcus & Millichap Dallas office.
CB RICHARD ELLIS HOTELS SELLS FULL SERVICE COLORADO HOTEL RADISSON DENVER NORTH - THORNTON, CO
October 7, 2009 Posted by CB Richard Ellis
Houston, TX - October 7, 2009 - (RealEstateRama) — The Radisson Denver North, Colorado, Texas has been sold. Lisa Hankamer of CB Richard Ellis’ Hotels Group, announced that the sale of the 133-unit, interior corridor property occurred at the end of September 2009. The Hotel, which is a local landmark, has great visibility along I-25, just 10 minutes north of Downtown Denver and was sold free-and-clear of management and franchise affiliation. The new owners, Stone Castle Corporation, has over 20 year’s experience operating hotels in the state of Colorado and have a proven track record for repositioning hotels within their respective market arenas. Approximately $6 million will be spent on upgrading the facility and rebranding. The group has a history operating under most of the major brands and has been quite successful in capturing a broader market base through their repositioning.
Hines Announces Leasing Activity at Phoenix Tower
June 4, 2009 Posted by Texas RealEstateRama
HOUSTON, TX - June 4, 2009 - (RealEstateRama) — Hines, the property and leasing manager for Phoenix Tower in Houston, on behalf of building owner, FSP Phoenix Tower Limited Partnership (“FSPLP”), announced today the following leasing activity at the 34-story, 629,000-square-foot office tower located at 3200 Southwest Freeway:
Gov. Perry Announces TEF Investment in Solar Power Company
April 16, 2008 Posted by Texas RealEstateRama
AUSTIN – Gov. Rick Perry today announced the state will invest $1 million through the Texas Enterprise Fund (TEF) in HelioVolt Corp. of Austin for the construction of a 125,000 square foot manufacturing facility and development space to test and produce the company’s thin-film solar power cells, which convert sunlight into electricity. The deal will […]
Mortgage Assistance Center Corporation Obtains $50 Million Investment Facility
October 31, 2007 Posted by Texas RealEstateRama
DALLAS, Oct. 30 /PRNewswire-FirstCall/ — Mortgage Assistance Center Corporation (OTC Bulletin Board: MTGC) (the “Company”), headquartered in Dallas, announced today the signing of a funding agreement with a large Dallas - based investment fund that provides for up to $50 million in funding. The funding will be used to acquire pools of distressed residential real […]
