Hospitality

Industrial Strength: Stream Realty Adding Personnel as Warehouse Activity Grows

Realty News ReportOctober 10, 2020October 10, 2020

by Realty News ReportOctober 10, 2020October 10, 2020

Industrial Strength: Stream Realty Adding Personnel as Warehouse Activity Grows in Houston. Year-to-date, Stream’s Houston industrial team has closed on 144 industrial transactions totaling over...

Crescent Acquires The Hotel at Avalon

Realty News ReportSeptember 21, 2020

by Realty News ReportSeptember 21, 2020

Crescent Acquires The Hotel at Avalon, a mixed-use development near Atlanta....

Hines Venture Acquires Five Hotels on the Greek Island of Crete

Realty News ReportJuly 3, 2020July 5, 2020

by Realty News ReportJuly 3, 2020July 5, 2020

ATHENS – (RNR) - Hines, the Houston-based international real estate firm, and Henderson Park, a London-based private equity real estate manager, have acquired five hotels...

Texas Home Builders Say: The Sunbelt Builders Show Must Go On – July 14-17 in Grapevine, Texas; Even as COVID Count Climbs in the Lone Star State

Realty News ReportJune 15, 2020July 6, 2020

by Realty News ReportJune 15, 2020July 6, 2020

AUSTIN - (RNR) - The Show must go on, Texas home builders say. Texas Association of Builders has announced its annual Sunbelt Builders Show will...

Houston Hotel Market, Like The Rest of the Nation, Reports Awful Occupancy Rates

Realty News ReportMay 4, 2020July 5, 2020

by Realty News ReportMay 4, 2020July 5, 2020

HOUSTON – (Realty News Report) – The hotel industry has been hit hard by Covid-19. For the week ending April 18, the Houston hotel occupancy...

Tilman Fertitta Borrows $250M at 12 Percent; After Laying Off 45,000, Tilman has Cash Burn-Rate of $2 Million a Day

Realty News ReportApril 13, 2020July 5, 2020

by Realty News ReportApril 13, 2020July 5, 2020

HOUSTON – (Realty News Report) – Houston restaurant and casino magnate Tilman Fertitta has borrowed $250 million at a whopping 12 percent interest rate while...

Rapid Shave: COVID-19 Trims $2 Billion Off Tilman Fertitta Net Worth; Houston Rockets Owner Falls Off List of World’s 500 Richest People

Realty News ReportMarch 26, 2020July 5, 2020

by Realty News ReportMarch 26, 2020July 5, 2020

HOUSTON – (Realty News Report) – Houston restaurant and casino magnate Tilman Fertitta, has lost about a third of his wealth, or approximately $2 billion,...

Tilman Fertitta Furloughs 40,000 Employees From Restaurant, Hotel and Casino Empire

Realty News ReportMarch 25, 2020July 5, 2020

by Realty News ReportMarch 25, 2020July 5, 2020

HOUSTON – (Realty News Report) – Houston billionaire Tilman Fertitta, who owns the Golden Nugget casinos, several hotels and hundreds of restaurants has temporarily furloughed...

Montrose Combination Rising: La Colombe d’Or; Hines; NewForm Real Estate and the 97-Year-Old Fondren Mansion

Realty News ReportMarch 10, 2020July 5, 2020

by Realty News ReportMarch 10, 2020July 5, 2020

HOUSTON – (Realty News Report) – The Zimmermans, represented by NewForm Real Estate, in a joint venture with Hines, disclosed additional details for its La Colombe...

Mid-Century Building Reopens as Westin Houston Medical Center Hotel

Realty News ReportJanuary 29, 2020July 5, 2020

by Realty News ReportJanuary 29, 2020July 5, 2020

HOUSTON – (Realty News Report) – The historic Medical Towers building in the Texas Medical Center has been transformed into the 273-room Westin Houston Medical...