Texas RealEstateRama

Passco Companies, LLC, a nationally recognized market leader in the acquisition, development, and management of multi-family and commercial properties throughout the U.S., has announced the opening of a new office in Austin, Texas, and the addition of industry veteran Shelli Cusack as Director of Asset Management

In recognition of Fair Housing Month, Agriculture Commissioner Sid Miller and the Texas Department of Agriculture (TDA) reminds the public that every Texan has a right to be treated equally when trying to buy, finance or rent a home or apartment under the Fair Housing Act, and discrimination in Texas will not be tolerated.

Early voting for the Arlington May 9th Joint General and Special Elections begins Monday, April 27, and will continue until Tuesday, May 5.

Voters now have seven locations in which to cast their ballot:

The City of Austin is hosting a fair housing conference, “Fair Housing in Austin: Past, Present, and Future,” on Friday, May 8 from 8:30 am to 3 pm at the Asian American Resource Center located at: 8401 Cameron Road, Austin, TX 78754.

The House voted to repeal the 99-year-old U.S. estate tax amid a partisan clash over whether the government should break up concentrated wealth or make it easier to pass along assets to the next generation.

Congressman Pete Sessions (R-TX), chairman of the House Rules Committee, today released the following statement on the House’s passage of bills that repeal the death tax and make the tax code more fair and reliable:

Through the Better Buildings Challenge, the San Antonio Housing Authority (SAHA) and Macy’s have committed to reducing their energy use by 20 percent across their entire respective building portfolios by 2020.

Through the Better Buildings Challenge, Fort Worth has achieved eight percent energy savings across 19 million square feet of public and private sector buildings since 2009.

The Texas Department of Transportation, in partnership with the City of Fort Worth, has begun construction on the $13.9 million East First Street reconstruction project.

Pinnacle announced today that it ranks third among the nation’s largest apartment managers on the National Multi Housing Council’s (NMHC) 2015 Top 50 list. A prominent resource in the multifamily industry, the list provides a benchmark against which to measure trends.

Communities are recognizing the importance of the Community Development Block Grant (CDBG) Program and the HOME Investment Partnerships (HOME) Program during National Community Development Week this week, April 6-11.

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has acquired through a joint venture a 288-unit Class A apartment community in Austin, Texas known as the Fox Hill Apartments (“Fox Hill”).

The City of Midland has reached a set of proposed terms with developers of the Hotel Santa Rita, a mixed-use development that is proposed for a city-owned property in downtown Midland.

The Environmental Protection Agency (EPA) proposed to add the Main Street Groundwater Plume site in Burnet Co., TX, to the National Priorities List (NPL) of Superfund sites, a list of sites that pose risks to people’s health and the environment. Superfund is the federal program that investigates and cleans up the most complex, uncontrolled or abandoned hazardous waste sites in the country and converts them into productive community resources by eliminating or reducing public health risks and environmental contamination.

Three of Texas’ major metropolitan areas are embracing energy efficiency to save money and reduce greenhouse gas emissions by meeting EPA’s Energy Star requirements. Austin, Dallas-Fort Worth and Houston jointly have over 500 buildings with Energy Star certifications—saving a combined $145 million.

The U.S. Environmental Protection Agency (EPA) has announced Odessa, Texas, as the nation’s leader among smaller cities for Energy Star certified buildings. Odessa boasts 31 buildings with the certification—all schools and school administration offices—totaling 3.1 million square feet. The energy savings from these buildings total $2.4 million. This represents the equivalent of the annual electricity use of 1,800 homes.

The Mayor's Committee on Persons with Disabilities will host a community forum April 9 in recognition of Fair Housing Month.

The Governor’s Office of Economic Development and Tourism, has been named as a leader of the FDI Frontlines Coalition, a national organization focused on arming state, regional and local economic development organizations (EDOs) with the resources they need to attract more foreign direct investment (FDI).

Patriot Royalties, Inc., a Dallas-based oil and gas company that specializes in acquiring and packaging income-based royalty properties, announces its latest offering: The Patriot-Liberty.

Hunt Mortgage Group, a commercial real estate lender, announced today that it provided a $44,437,000 Freddie Mac loan to facilitate the acquisition and upgrading of a multifamily property located in The Woodlands, Texas.