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Category Archives: Ralph Bivins

Seven Things to be Thankful For in Texas Real Estate

  HOUSTON – West Texas Intermediate crude dipped below $40 a barrel for a few days in 2015, punctuating a brutal assault on the Texas economy. It was long fall from $107 a barrel in the summer of 2014. Thousands of Texans were laid off in 2015. Millions of square feet of office space were dumped onto the sublease market ... Read More »

Thank You From Realty News Report – and Happy Thanksgiving

Realty News Report extends a word of thanks to our many readers, friends and supporters at this Thanksgiving holiday. This has been a great year for Realty News Report. We’re thankful for our many new readers and sponsors – and also for those who have been with us for a while. We’ve received a lot positive feedback on our e-newsletter ... Read More »

The Future of Houston and Its Shopping Centers: Q&A with Ed Wulfe, the Dean of Texas Retail Real Estate

When Ed Wulfe, chairman & CEO of Wulfe & Co., started out in the real estate business, a barrel of oil cost $1.50.  A lot has changed since 1963 in energy and retail. Considered the dean of retail real estate in Houston, Ed is the ‘go to guy’ for local, national and international retailers wanting to know about the Houston ... Read More »

Houston is No Place for Vulture Funds: The Q&A With John Fenoglio

Over the past 12 months, energy prices have declined to prices not seen in years.  So what about real estate? Are deals still getting done?  Is the sector returning to the energy disruption Houston experienced in the 1980s when the city was home to ‘see through’ buildings – structures that had no tenants?  To find out, Realty News Report talked ... Read More »

CBRE: ‘Landlords are Nervous’ About Upcoming Challenges in Houston Office Market

HOUSTON – The third-quarter statistics for the Houston office market showed some improvement, but the market is waiting for the other shoe to drop. Third quarter numbers from CBRE showed Houston’s average office rental rate of $27.74 was up 6 percent from a year ago. Other positives: 1.5 million SF was absorbed in quarter, raising the year-to-date absorption to 3.6 ... Read More »

Hines Buys Houston Chronicle Property in Downtown Houston

HOUSTON – The Hines development firm has acquired the Houston Chronicle’s downtown property, which is viewed as a potent high-rise development site for the future after the old newspaper building is demolished. “Given the site(s) adjacency to the business and theater districts and the proximity to Market Square, we consider this one of the most strategically-connected locations for future development ... Read More »

Best September Ever for Houston Home Sales

HOUSTON – In the strongest September on record, the Houston Association of Realtors reported 6,691 single-family homes were sold in September, a 3.5 percent increase over September of last year. However, HAR reports a slight decrease in “pending sales” a statistic that indicates sales activity could be slowing. Traditionally home sales slow down in the fall, as the holiday seasons ... Read More »

Texas Leasing Magnate: The Q & A with Chip Colvill

Colvill Office Properties is an owner’s representative company specializing in office building leasing in Houston and Dallas. Colvill’s high-profile Houston assignments include Hines’ 48-story spec project under construction on Main Street and Frank Liu’s redevelopment of the downtown Post Office property. Colvill currently oversees a large portfolio of Class A office space in the nation’s fourth largest city and the ... Read More »

Making Mixed-Use Work in Downtown Houston: The Q&A with Jane Page of Lionstone Investments

With more than 570,000 square feet of office and retail space, GreenStreet is one of the most interesting developments in downtown Houston.  Two weeks ago, Lionstone Investments, a privately-owned, Houston-based real estate investment firm, purchased an interest in the GreenStreet development, which was known as Houston Pavilions when it opened about seven years ago. GreenStreet, which has entertainment venues, restaurants ... Read More »

Construction Cranes: Houston’s Endangered Species? The Q&A with Michael Scheurich of Arch-Con Corp.

With its continued dependency on the energy sector, Houston has been greatly affected by the downturn in the oil and gas industry. No where is this more evident than in the cranes that dot the Houston landscape. To gauge the health of the construction sector, Realty News Report talked with Michael G. Scheurich, President & CEO of Houston-based Arch-Con Corporation, a Texas-based general contractor ... Read More »

Oil and The State of the Houston Office Market: The Q&A with Kevin Roberts of Transwestern

Beginning with Allen Brothers who founded the city,  Houstonians have been an optimistic bunch.  In recent years, since the end of the Great Recession, energy and real estate entrepreneurs exuded boundless optimism about Houston – and with good reason. With the price of a barrel of West Texas Intermediate crude rising to triple digits, the sky seemed to be the ... Read More »

Best August Ever for Houston Home Sales, Despite Last Month’s Plunging Oil Prices

HOUSTON – The Houston Association of Realtors reported 7,454 single-family homes were sold last month – the best August on record and the eighth best month ever for the city’s housing market. Sales so far this year indicate that homes are selling at the nearly same pace as last year –an impressive rate considering that 2014 was the best year ... Read More »

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