Economist: Sellers Market in Texas Will Continue for a Long Time
AUSTIN – With the inventory near record lows, sellers are going to control the Texas housing market for a long time, a Texas economist said...
Category : Breaking News
RNR Apartment Briefs from Around the Nation
HOUSTON – Marquette Cos. of Chicago will break ground this week on a 28-story apartment tower in downtown Houston on Texas Avenue between Austin and...
Edens Agrees to Buy AmREIT for $763 Million
HOUSTON — Edens Investment Trust has agreed to acquire AmREIT Inc., a Houston-based real estate development firm for $763 million. AmREIT controls a number of...
CBRE: Houston Apartment Occupancy Hits High as Market Strength Continues
HOUSTON – Houston apartment occupancy has reached 91 percent, close to historical high, as strong job growth has fueled the multifamily market, according to the...
Toll Brothers Developing 692-acre Community Near New Exxon Mobil Campus North of Houston
HOUSTON – Toll Brothers is developing the 692-acre Woodson’s Reserve community north of Houston on the route of the new extension of the Grand Parkway – not...
Groundbreaking in Nov. for 1,000-Room Convention Hotel in Austin
AUSTIN – A groundbreaking will be held next week for The Fairmont Austin, a 1,066-room hotel adjacent to the Austin Convention Center. The hotel’s developer,...
Midway Breaking Ground on Major Project Next to Texas A&M University
COLLEGE STATION – Midway Cos. will break ground next week on a mixed-use project across the street from the Texas A&M University campus in College...
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...
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...