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
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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
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