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Tag Archives: Marcus & Millichap

Closed: The Largest Seniors Housing Transaction in Texas History

DALLAS – Regency Post-Acute Healthcare System, a Dallas firm led by Donald Kivowitz, has sold a portfolio of 33 skilled nursing facilities in Texas. “The transaction is the largest seniors housing sale on record in Texas,” said the Marcus & Millichap real estate firm. The 4,200-bed portfolio includes nursing homes in Houston, Austin, San Antonio, Corpus Christi, Victoria and the ... Read More »

Texas Realty Roundup

HOUSTON — i3 Interests and Atlas Real Estate Partners joined forces to purchase a 202,978-square-foot, three-building medical office property in Houston. Scott Carter of Transwestern represented the seller, Peakwood Professional Partnership. Texas Capital Bank provided the financing. The three buildings are located at 800 Peakwood, 810 Peakwood and 714 FM 1960. i3 is a Houston-based commercial real estate firm focused on acquiring and ... Read More »

REIT Buys Medical Buildings in Katy for $40.4 Million

KATY, Texas – Physicians Realty Trust, a Milwaukee-based REIT, has acquired a medical office building adjacent to a Memorial Hermann facility in Katy for $40.4 million. Marcus & Millichap arranged the sale of the 108,066-square-foot, two-building, medical office portfolio anchored by a Memorial Hermann Rehabilitation Hospital and Ambulatory Surgery Center. Scott Niedergang and Gino Lollio, vice presidents investments and directors ... Read More »

Apartment Briefs from Realty News Report, a Ralph Bivins Publication

IMT CAPITAL ACQUIRES 392 APARTMENT UNITS IN HOUSTON FOR $90.1 MILLION HOUSTON – IMT Capital LLC, together with its affiliate, IMT Residential, has acquired IMT Uptown Post Oak, a 392-unit apartment community at 1111 Post Oak Blvd. near Houston’s Galleria The complex was acquired for $90.1 million from Plano, Texas-based Monogram Residential Trust in a deal brokered by David Oelfke ... Read More »

Hotel News Briefs

ALOFT HOTEL TO OPEN IN HISTORIC HOUSE AT IMPERIAL MARKET SUGAR LAND, Texas — A 120-room Aloft hotel will be part of the new Imperial Market, a redevelopment of historic structures in the former Imperial Sugar Refinery near Houston, the Houston Chronicle reports. The historic, eight-story Imperial Sugar Char House was built in 1925. Imperial Market will be an upscale ... Read More »

With Track Record for Accuracy, Marcus & Millichap Forecasts 50,000 New Jobs for Houston

HOUSTON – Marcus & Millichap, which has a track record for accurate economic forecasting, is projecting Houston will gain 50,000 new jobs in 2015. While the drop in oil prices and the layoffs in the energy industry has sobered the Houston economic outlook, the realty market has held up fairly well in 2015. The dire forecasts of local economists just ... Read More »

Multifamily Deals

HOUSTON – Tip Strickland and A. David Schwarz of Grandbridge Real Estate Capital closed on a 5-year construction loan for the development of Vargos on the Lake. The development featuring 276 apartment and town home units will sit on a wooded 8.7 acre site. Financing was on behalf of Hunington Residential Inc. through BB&T. WOODLAND HILLS, Calif. – Wood Partners opens Warner Park a ... Read More »

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