Home Property, Rentals, Transactions
Last night, many of our members were affected by tornadoes that ripped through their communities. Floresville and D’Hanis particularly were devastated by the storms as were members in areas all around the San Antonio area.
Jim Rosten, president of Property Services at global real estate investment and services company Kennedy Wilson, has announced the appointment of James Cain, who joins the company’s property management division as a regional director.
Texas home sales purchased by international homebuyers contributed $8.32 billion to the Texas economy between April 2014 and March 2015, according to the 2015 Texas International Homebuyers Report released today by the Texas Association of REALTORS
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.
The Altman Companies, a nationally recognized developer of luxury apartment communities, has broken ground on its first development in Austin, Texas. Located at 12700 Ridgeline Blvd., the 354-unit Altís Lakeline is rich with features and amenities.
The Mid-America Building (310 W. Illinois Ave.), Midland Executive Center (301 N. Colorado St.) and the previous County Courthouse located along Wall Street will be demolished one-at-a-time by contractor Lloyd D. Nabors Demolition LLC of Hutchins in the coming months. Demolition is scheduled to first begin on the Mid-America Building starting Aug. 10 and move to the adjacent Midland Executive Center the weekend of Aug. 21.
Texas home prices hit an all-time high in the second quarter of 2015, while home sales remained strong amid high demand, according to the 2015-Q2 Texas Quarterly Housing Report released today by the Texas Association of REALTORS
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided bridge financing in the amount of $10.5 million to enable the acquisition and rehabilitation of Surrey Row Apartments, a multifamily property located in Dallas, Texas. The loan represents 80% of costs.
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.
The Affordable Housing Program (AHP) from the Federal Home Loan Bank of Dallas (FHLB Dallas) turns 25 years old today. The grant program, funded solely through FHLB Dallas profits, has assisted more than 44,000 families with their affordable housing needs, primarily across the Bank's five-state District of Arkansas, New Mexico, Mississippi, Louisiana, and Texas
The Rustic, Thirteen Pies, Steel City Pops and other highly popular dining and entertainment venues, are set to join Frisco’s Wade Park alongside a variety of premier retailers including Arhaus, MiniLuxe, The Lash Lounge and more. Thomas Land & Development’s massive 175-acre, $1.6 billion upscale mixed-use development continues to add impressive high-end retailers and restaurants to the project underway at the Dallas North Tollway and Lebanon Road, with following announcements planned for upcoming months.
Condominium and townhome sales slowed in Texas’s major metro areas in the first half of 2015, according to the 2015 Texas Condominium Mid-Year Sales Report. Released today by the Texas Association of REALTORS®, the report shows that condominium (condo) and townhome sales in Texas’s four major markets remained relatively consistent with condo sales in the first half of 2014.
A Mobile Registration Intake Center (MRIC) will open in Corsicana, Texas, on Monday, June 22, at 9 a.m. to serve homeowners, renters and business owners who sustained damage as a result of the May 4-June 19 severe storms and flooding.
As the tropical system in the Gulf of Mexico continues to head towards the Texas and Louisiana coast, the Property Casualty Insurers Association of America (PCI) encourages residents in the area to listen to emergency officials. Weather forecasters are calling for the system to bring lots of rain to areas that are still recovering from last month’s flooding event.
Laura Sweeney, agent with John Daugherty, Realtors, has closed the sale on a Remarkable one-of-a-kind residence designed by Preston Bolton, listed at $4,200,000. Situated on .75 acres in superb Tall Timbers location, this home has a unique floor plan that offers sizable entertaining spaces surrounding a grand three story Atrium. The upstairs master bedroom includes a private balcony and separate closets. Grounds offer towering trees, multiple terraces, swimming pool, spa, and expansive lawn, as well as a separate guest house with office and cabana
A Mobile Registration Intake Center (MRIC) has opened in Martindale, Texas, to serve homeowners, renters and business owners who sustained damage as a result of the ongoing severe storms and flooding
Homegrown fashion designer Jonathan Blake hosted a spectacular evening of fashion and fine dining to support local nonprofit Recipe for Success Foundation. John Daugherty, Realtors graciously opened its extraordinary Four Seasons Penthouse listing to host the swanky evening, themed “A Sky High Toast to Fashion,” for an intimate gathering of 30 guests.
Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, announced its purchase, and simultaneous leaseback to Arbor Metals, LLC (“Arbor”) located at 811 Regal Row in Dallas, Texas.
Two Mobile Registration Intake Centers (MRIC) have opened in San Marcos, Texas, to serve homeowners, renters and business owners who sustained damage as a result of the ongoing severe storms and flooding
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