Property, Rentals, Transactions

Property, Rentals, Transactions

Fashion Designer Jonathan Blake Hosts Intimate Show and Dinner to Benefit Recipe for Success...

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 Adds To Its Dallas Portfolio

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 Open in San Marcos

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 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

Special Needs Grant Gives Hairdresser’s Home a Floor-and-Ceiling Redo

Martha Vasguez, 61, a retired hairdresser, lives on a fixed monthly income after illness forced her to retire six years ago. Though her home is paid for, she does not have money left at month's end to pay for necessary repairs

Stream Realty in Design Phase on 271,000 SF, 12-Story Office and Retail Development

Stream Realty Partners, a national real estate services, development and investment firm, is finalizing the design phase on a 12-story, 271,000 square foot development.

Texans Have Three Ways to Apply for Federal Disaster Assistance

Texans who sustained property damage as a result of the ongoing severe storms and flooding are urged to register with the Federal Emergency Management Agency (FEMA), as they may be eligible for federal and state disaster assistance.

Kennedy Funding Financial Closes $880,000 Loan Secured by Texas Retail Property

Kennedy Funding Financial LLC (KFF) has completed an $880,000 loan to Houston, Texas-based Sleep Shop & Bunk Bed World, announced Kevin Wolfer, CEO of the Englewood Cliffs, NJ-based direct private lender.

TDHCA makes home buying a (virtual) picnic!

This and every month, TDHCA lays out everything in its basket of home buying options for affordable taste buds, from traditional 30-year fixed rate loans and down payment and closing cost assistance, to mortgage credits, and even a combo plate that includes a loan and mortgage credits. Interested? Here’s a spoonful of favorite TDHCA-administered programs

Senator West teams with Dallas legislator to pass anti-fraud bill to protect homebuyers

Early Tuesday, House Bill 2590 (HB2590) passed the Texas Senate on a unanimous vote. The bill, authored by State Representative Eric Johnson (D-Dallas) would allow state and local prosecutors to take action to combat a form of real estate fraud where scam artists sell homes to unsuspecting, less-affluent buyers that the seller does not own or have legal rights to.

City allows earlier watering hours under two days per week restrictions

The City will continue to enforce a two-day-per-week schedule for households, but will expand hours outside the previously allowed 6 p.m. to midnight period to allow residents to irrigate plants and lawns anytime on their designated watering days.

Housing Authority of the City of Austin awarded $250,000 to Improve Security for Elderly...

The U.S. Department of Housing and Urban Development (HUD) has awarded the Housing Authority of the City of Austin (HACA) $250,000 to improve security and monitoring at Lakeside Apartments, an elderly public housing property located in Downtown Austin.

Ashford Trust Announces Acquisition Of 9-Hotel Portfolio For $224 Million

Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has signed a definitive agreement to acquire a 9-hotel portfolio for total consideration of $224 million in cash ($179,000 per key).

Hunt Mortgage Group Provides a Bridge Loan for the Acquisition of a Multifamily Property...

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $13 million bridge loan to finance the acquisition and rehabilitation of a multifamily property located in Irving, Texas.

Kennedy Wilson Represents Seller in Sale of 18.3 Acre Land Parcel in Texas

Kennedy Wilson represented the seller in the sale of an 18.3 acre parcel of land located at the corner of Old Farm to Market 2243 West and North Bagdad Road in Leander, Texas. Ernest Brown, CCIM, managing director of Kennedy Wilson Brokerage in San Antonio, represented the seller, Firstmark Credit Union, in the transaction. The buyer was Bruce Nakfoor, an active local real estate developer. Further details of the transaction were not disclosed

Mike Graham Heating And Air Conditioning Launches New Website for the Wichita Area

Mike Graham Heating And Air Conditioning today announced the launch of www.mgpcomfort.com as an informational portal that features educational resources on subjects such as property value benefits from air conditioning repairs, heating repairs and air cleaners, and many other helpful tips that can save you thousands of dollars in the Wichita Area

Drawbridge Realty Signs Lease with Younicos AG at 3100 Alvin Devane in Austin, Texas

Drawbridge Realty announced today the signing of a new seven-year lease with Younicos AG for approximately 32,500 square feet at 3100 Alvin Devane in Austin, Texas.

Ashford Trust Completes Acquisition Of Hampton Inn & Suites Gainesville

The Company intends to finance the property with approximately $21.2 million of non-recourse mortgage debt. The purchase price represents a trailing 12-month cap rate of 8.8% on net operating income and a trailing 10.3x EBITDA multiple.

Construction Risk Expert Leigh Ann Henderson Joins Partner

Construction risk expert Leigh Ann Henderson has joined Partner Engineering and Science Inc. (Partner), a national due diligence, design and construction risk management firm headquartered in Torrance, Calif., as a Principal and National Client Manager

First Major Renovation in 30 Years Allows Family Gateway to Continue Providing Homeless Families...

Family Gateway is leading the Dallas community to end child homelessness. For the first time in 30 years, the primary facility, Annette G. Strauss Family Gateway Center (Center) dedicated to homeless children and families has received a significant renovation. In the last 3 years, the number of families served by Family Gateway grew 750%. Each night in Dallas, an estimated 5,000 children and their families will not have a safe place to sleep.

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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.

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Rep. Smith Votes to Fund Hurricane Relief

Rep. Lamar Smith voted to provide $15 billion in emergency funding for the Federal Emergency Management Administration (FEMA), the Small Business Administration (SBA), and the Department of Housing and Urban Development (HUD) to fund recovery efforts following Hurricane Harvey. The funding bill also extends the National Flood Insurance Program.