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Archives: November 2020






Texas jobless claims rise alongside COVID-19 cases

​​​​COLLEGE STATION – ​​Texas’ initial unemployment claims increased to 37,500 the week ending Nov. 14 ​after decreasing to their lowest number the previous week.​ This brings the total since March 21 to 3.84 million, according to data from the U.S. Department of Labor (DOL).​ A key driver of the increase was the growth​ in ​initial claims filed under the Pandemic Unemplo​yment Assistance program, which […]


JPI sells 1,174-unit apartment portfolio in DFW

​​​IRVING – Locally based JPI has sold three apartment communities totaling 1,174 units to an affiliate of Lone Star Funds.  The properties include: ​Jefferson Promenade, 55 Promenade Pkwy. in Irving; Jefferson 1900, 1900 Knightsbridge Rd. in Farmers Branch; and Jefferson Silverlake, 1775 SH 26 in Grapevine.  All of the communities have pools, fitness centers, resident lounges, and high-end interior […]



Trammell Crow developing 378-unit multifamily in Houston

HOUSTON – ​​Trammell Crow Residential is developing Allora Northwest Crossing, a 378-unit apartment community at 5550 Bingle Rd Amenities will include a fitness center, pool, dog park, and a bike storage room.  Delivery is slated for fourth quarter 2021. ​ NAI Partners represented Trammell Crow affiliate Maple Bingle Apartments LLC in the acquisition of the 16.8-acre ​site. NAI also represented the […]


Who is today's seller, buyer? Texas Realtors shares insights

​​​​​​AUSTIN – Texas Realtors has released its 2020 Texas Homebuyers and Sellers Report, which examines details about real estate consumers’ income, ethnicity, age,​ and perceptions of the homebuying and selling processes.   More than half of Texas homebuyers said finding the right property was the most difficult part of the homebuying process. One-fifth of Texas homebuyers stated […]