Chicago Firm Buys Six Texas Multifamily Projects
IRVING, Texas — InterCapital Group of Chicago has acquired 1,711 multifamily units in the Dallas/Fort Worth area. Rob Russell of Greystone arranged $107 million in...
Category : Multi-Family
Three Deals Closed in Houston’s Hot B&C Multifamily Market
HOUSTON – Transwestern’s Houston Multifamily Investment Services Group, demonstrating a trend for Houston’s hot market for Class B and C units, has completed the sale...
RNR’s Multifamily Magazine – Texas and National News Items
SUGAR LAND, Texas — Imperial Market Development, LLC, has purchased the 26-acre Imperial Sugar Refinery for the development of an 855,000-square–foot, mixed-use project in Sugar Land, Texas....
Q&A – Teresa Lowery of Colliers: The Highs and Lows of Today’s Multifamily Market
Houston’s multifamily market has seen better times. The sector’s pricing is weak, rent growth is close to disappearing and multifamily construction continues unabated. Free rent...
RNR’s Multifamily Magazine – National News Items
HOUSTON – The Retreat at Cypress Station, a 296-unit multifamily community in northwest Houston, has been purchased by GPI Cypress Station LP. The apartment community,...
Houston Apartment Complex Sold
HOUSTON – The Retreat at Cypress Station, a 296-unit multifamily community in northwest Houston, has been purchased by GPI Cypress Station LP. The apartment community,...
Elandis Buys 1000 Units in Houston in Its Quest for Sunbelt Multifamily
(By Dale King) HOUSTON – A South Florida real estate company formed a month ago has taken a major step into the Houston rental market,...
Transwestern Development Starting Micro-Unit Millennial Multifamily Project in Austin
AUSTIN – Transwestern Development Co. will break ground in June on the Indie Apartments, a micro-unit community at 1648 E. Sixth St. in Austin. Transwestern...
Overbuilt? The Highs and Lows of Houston’s Apartment Market: Q&A with CBRE’s New Multifamily Group Leader
HOUSTON – Throughout the city, apartment construction is on the rise. At the beginning of the year, Apartment Data Services reported 102 apartment complexes under...
Houston-Based Morgan Group Sells Project for $114 Million
FORT LAUDERDALE, Fla. – Houston-based Morgan Group, a multifamily developer, has sold a 331-unit apartment complex in Fort Lauderdale for $114 million. The buyer of...