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Tag Archives: Magic Johnson

Magic Johnson Fund Sells Stake in Austin City Limits Theater and W Hotel

AUSTIN – A Magic Johnson investment fund has sold its stake in the W Austin Hotel and the Austin City Limits theater for $187.2 million. Austin-based Stratus Properties Inc. bought Canyon-Johnson Urban Fund II interest in the downtown Austin property. Stratus Properties announced Monday that it had completed a refinancing of the W Austin Hotel & Residences and Austin City ... Read More »

Realty News Report Award: Best Substitution of The Year

Ralph Bivins’ Realty News Report Awards – The Best of Houston 2015 Realty News Report editor Ralph Bivins has selected the most significant projects, deals and ideas of the Houston real estate market for 2015. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments by 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 »

GreenStreet: New Hotel to be Developed in Downtown Houston

HOUSTON – A new upscale hotel, developed in partnership with the Valencia Group, will be built to create new momentum at the GreenStreet mixed-use development in downtown Houston, according the project’s new owners, Midway Cos. and an investment group led by basketball legend Magic Johnson. GreenStreet, a 570,000-sf project covering four blocks east of Main Street, was formerly the Houston ... Read More »

Magic Johnson Group Developing 257-Unit Apartment in Austin

AUSTIN — Forestar Group has formed a venture with Magic Johnson’s Canyon-Johnson Urban Funds for development of a downtown multifamily community located in Austin. The project, to be called Eleven, is at the southeast corner of East 11th Street and Interstate 35. Eleven will consist of 257 units in a four-story podium style building above a two-story parking structure. The ... Read More »

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