Veteran Houston CRE Lending Expert John Fenoglio: Construction Lending Over in Some Sectors
HOUSTON – Lenders have put a halt on funding new multifamily and office construction projects in Houston in the face of low oil prices, says...
Category : Capital Markets
Hunt Creates REIT for Texas Power Lines
DALLAS – InfraREIT, a power line company created by billionaire Ray L. Hunt’s organization, launched its initial public offering and began trading on the New...
Rosemont Realty Buys Office Building in Houston’s Energy Corridor
HOUSTON – Rosemont Realty, LLC, a leading commercial real based in Santa Fe, N.M., has acquired Kirkwood Tower in Houston’ Energy Corridor. The acquisition of...
Tower in Downtown Houston Draws Record Price
HOUSTON – LaSalle Investment has agreed to pay $450 million for the 1000 Main building in downtown Houston – a price that will be the...
Multifamily Shakeup: ARA Apartment Brokerage Firm Selling for $110 Million
NEW YORK — BGC Partners, the owner of Newmark Grubb Knight Frank brokerage, has agreed to acquire Apartment Realty Advisors (ARA) for $110 million. ARA...
Pillar/Origin Start Acquisition Program in the Telecom Corridor near Dallas
RICHARDSON, Texas – Collins Square, a 213,864-square-foot office building in the Richardson Telecom Corridor has been sold, CBRE reported. Dallas-based real estate investor and operator,...
Transwestern’s Headquarters Building in Houston is For Sale; Expected to Fetch More than $100 Million
HOUSTON – The headquarters building of Houston-based Transwestern, one of the largest commercial real estate firms in the nation, is being marketed for sale. The...
Lionstone and Hermes Form $250 Million Fund for U.S. Office Purchases
HOUSTON — Lionstone Investments, a Houston-based real estate investment company has partnered with Hermes Real Estate, one of the largest real estate investors in the...
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...
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,...