Some Highlights: Don’t put your homeownership plans on hold just because you’re stuck inside. There are several things you can do right now to keep your home search moving forward. Connect with an agent, learn about resource programs for things like down payments, and get pre-approved today.
PASADENA – CLEC Distribution has leased a 27,040-sf industrial building at Energy Commerce Business Park at 603 E. Sam Houston Pkwy. The company is a distributor and division of Alliance Laundry Systems, which provides commercial and industrial laundry equipment. Colliers International represented the tenant. NAI Partners represented the landlord, Clay Partners. Get more Houston-area industrial news […]
ARLINGTON – The 304-unit Rio on the Parkway at 504 Dudley Circle is under new ownership. Marcus & Millichap represented the seller and procured the buyer, multifamily owner/operator John Barker. Barker plans to make capital improvements to the property. The property was built in 1972 on 9.5 acres. The Real Estate Center has more information like this online for free: […]
SCHERTZ – S&P Detrick LP has purchased a 101,347-sf industrial building at 7012 FM 3009. The $25.7 million building is fully leased to FedEx Freight. Cushman & Wakefield represented S&P. Stan Johnson Co. represented the Missouri-based seller. Get more San Antonio industrial news on the Real Estate Center’s website: Local industrial news Texas Quarterly Commercial […]
HOUSTON – Classic Chevrolet Sugar Land has purchased a 49,100-sf industrial property at 10000 W. Airport Blvd. NAI Partners represented the seller, SES Properties. Re/Max Vintage represented the buyer. Get more Houston-area industrial news on the Real Estate Center’s website: Local industrial news Texas Quarterly Commercial Report Source: Houston Business Journal
ROUND ROCK – San Antonio-based Lynd Acquisitions Group has purchased two local garden-style apartment communities. The Enclave Frontera at 2800 La Frontera Rd. offers 411 one- to three-bedroom units. Rents range from $785 to $1,279 per month. The 366-unit Lakeside at La Frontera at 941 Hesters Crossing Rd. offers one- to three-bedroom floor plans. Rents range from $885 […]
McLEAN, Va. – Freddie Mac has announced a nationwide relief plan for its multifamily borrowers and their tenants. Under the program, landlords whose properties are financed with a Freddie Mac Multifamily fully performing loan can defer their loan payments for 90 days by showing hardship as a consequence of COVID-19 and by gaining lender approval. In turn, Freddie Mac […]
There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, […]
Great news: You don’t have to sacrifice the delicious flavors of the Margarita Mile because you’re at home. Many of our partner restaurants are open for delivery and take-out – including alcohol and cocktail kits! Check back as we will keep the list updated when we hear more. Beto &…
WASHINGTON – Willis is the city with the most overloaded mortgage debtors, according to a WalletHub study. The Montgomery County city has a median mortgage debt of $143,676 and a median house value of $82,300 for a mortgage debt-to-house-value ratio of 175 percent. The median income is $31,250. The mortgage debt-to-income ratio is 460 percent. Other cities with the […]
