Resort Waterfront Community Planned for Tiki Island Near Galveston
GALVESTON – (Realty News Report) – Austin-based developers Legend Communities and Tiki Time, LLC have announced plans to develop Tiki Island Residences and Boathouse Resort...
Author : Realty News Report
Oilfield Carnage: Bankruptcies Coming Quickly; Houston Office Market to Hurt, Says JLL’s Global Energy Head: “We’re Going to Lose a Very Significant Portion” of Independent Oil Companies
HOUSTON – (Realty News Report) – Independent energy companies are destined to fail quickly and the Houston real estate market will be bruised during the...
Spring Apartments Acquired
HOUSTON – (Realty News Report) – Sentinel Peak Capital Partners has acquired the Lakebridge Apartments, a 272-unit, value-add, garden-style apartment community in the Spring submarket...
Oil Falls Below $1 a Barrel – Over a 90 Percent One-Day Drop to Record Low
HOUSTON – (Realty News Report) – West Texas Intermediate crude dropped below $1 a barrel Monday morning, the lowest price on record. Monday’s unprecedented price...
Tomball EDC Buys Industrial Property
HOUSTON – (Realty News Report) – Colliers International handled the acquisition of 6.2 acres of land including industrial warehouses totaling 41,076 square feet at 202...
RNR Real Estate Briefs — HOU, AUS, DAL, SAT
Texas Eye Institute has renewed its 16,000 SF office lease at 7710 Beechnut St., Houston. John Zivley of NAI Partners represented the tenant in the transaction. Ace...
Camden Property Trust Evaluating New Multifamily Construction Starts
HOUSTON — (Realty News Report) – Camden Property Trust has not started construction on any of its proposed new projects in 2020 and it will...
ULI Property Panel: The Fallout from COVID-19
WASHINGTON, D.C.– (By Dale King, Realty News Report) — The economic crisis wrought by the COVID-19 pandemic poses threats to commercial real estate and the...
Tilman Fertitta Borrows $250M at 12 Percent; After Laying Off 45,000, Tilman has Cash Burn-Rate of $2 Million a Day
HOUSTON – (Realty News Report) – Houston restaurant and casino magnate Tilman Fertitta has borrowed $250 million at a whopping 12 percent interest rate while...
Lee & Associates Reports Deal in LaPorte
HOUSTON – (Realty News Report) – Ivest LP has acquired a 100,000-SF industrial property at 8201 and 8211 La Porte Freeway, near Broadway Street. The...