Biggest Deal Ever? Foreign Investors Bid Heavy on a Houston Trophy Tower
HOUSTON – A dozen investment groups, including foreign buyers, submitted bids this week to buy the 1000 Main building in downtown Houston – a transaction...
Category : Breaking News
20-Story Apartment Tower Started in Houston’s Montrose Area
HOUSTON – StreetLights Residential has broken ground on The Carter – a 20-story, 305-unit multifamily tower in the Montrose area of Houston’s Inner Loop. Dallas-based...
$70 a barrel oil – No Problem. Multifamily Project Moves Ahead in North Dakota Oilfield, Where Unemployment is only 2.8 Percent
WATFORD CITY, N.D., — Silver Creek Apartments in the oil-rich Bakken Shale of North Dakota are being expanded. With energy exploration at warp speed, the...
ULI Houston Names Finalists for Development of Distinction Awards
HOUSTON –The Houston District Council of the Urban Land Institute announced the finalists for their 2015 Development of Distinction Awards. The prestigious award recognizes developments...
Huge Mixed-Use Infill Project will Feature Simon Outlet Mall, Multifamily and 600,000 SF Office on Southwest Freeway
HOUSTON – Street Level Investments is acquiring one of the largest infill sites in Houston for a mixed-use project that is expected to include a...
Houston Leads the Nation in Office Construction – Followed By NYC, San Jose and Dallas
HOUSTON – More than 50 office buildings totaling 17.1 million square feet are under construction in Houston – which has more than twice as much...
Texas A&M’s Dotzour: Labor Shortage Keeping a Lid on Texas Construction Boom
HOUSTON – A lack of construction labor is restraining the Texas housing market, says Dr. Mark Dotzour, chief economist for the Texas A&M Real Estate...
70 Industrial Buildings Under Construction in Houston Due to Energy Boom
HOUSTON – Seventy industrial buildings are under construction in Houston, where a continued expansion in the energy industry has driven up warehouse rents significantly in...
City of Austin Wins ULI Affordable Housing Award
NEW YORK – The City of Austin’s affordable housing program has been named a winner in the Urban Land Institute (ULI) Terwilliger Center for Housing annual...
Shorenstein Selling Five Post Oak Park for Anticipated $185 Million
HOUSTON – Shorenstein Properties is selling the 28-story Five Post Oak Park, an Inner Loop Houston office building that is expected to fetch $185 million,...