EL PASO – G-Global has signed a 38,400-sf full-building lease at 9660 Joe Rodriguez Dr. CBRE represented the tenant and landlord, a partnership between Equity Industrial Partners and Raith Capital Partners. The Texas Real Estate Research Center has more news like this: “El Paso: Military and Manufacturing’s Influence on Housing“ Texas Border Economy El Paso […]
Archives: February 2021
Texas mortgage delinquencies a mixed bag in 4Q2020
AUSTIN – Over 264,900 Texas mortgages were past due in fourth quarter 2020, according to data from the Mortgage Bankers Association. Of those mortgages, around 14,700 are 90 days past due. The overall delinquency rate had jumped in first quarter 2020 before trending downward the rest of the year. The number of foreclosures started and housing inventory also […]
Meritage Homes planning 700 homes in Cibolo Hills
FORT WORTH – Meritage Homes is partnering with Trophy Signature Homes to build a residential community off US 287 near Eagle Mountain Lake. Called Cibolo Hills, the community will have 700 houses that start from the $280,000s and range from 1,394 to 3,050 sf. The community will include parks, walking trails, open spaces, and community center […]
Cacique Food planning $88M manufacturing plant
AMARILLO – Cacique Food is building an $88 million, 180,000-sf manufacturing plant on 55 acres near Farmers Ave. and S. Georgia St. The city will discuss financial incentives at a hearing in late March. The Real Estate Center has more news like this: “Shifting Winds: Amarillo’s Housing Market Slowdown” Amarillo real estate news Texas Quarterly Commercial Report Source: News Channel 10
Affordable senior living community slated for Hurst
HURST – Gardner Capital has broken ground on Gala at Central Park, a 94-unit affordable seniors housing community at 309 W. Pipeline Rd. The complex will have one- and two-bedroom floor plans within a three-story residential building. It will also have a two-story clubhouse. Treymore Construction will serve as general contractor. Hurst Public Facility Corp. is the development partner, […]
It’s a Sellers’ Market [INFOGRAPHIC]
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready […]
36-unit senior living community under new ownership
KERRVILLE – New Haven Kerrville, a 36-unit senior housing community at 747 Alpine Drive, has been sold. The community was formerly known as Villagio of Kerrville. Blueprint Healthcare Real Estate Advisors arranged the sale. The Texas Real Estate Research Center has more senior living news online for free: Source: REBusiness Online
ATW Corp. moving HQ to Addison
ADDISON – ATW Corp. is leasing 26,000 sf in the Greenhill Towers on Midway Rd. Built in the 1980s, Greenhill Towers is owned by Florida-based Codina Partners, who just completed an $8 million redo of the development. Work a Shop Co. negotiated the lease with Avison Young. The Texas Real Estate Research Center has more Dallas-area office news […]
NewcrestImage sells Hyatt House Frisco
Three-property senior housing portfolio trades hands
EL PASO – Senior Living Investment Brokerage (SLIB) has arranged the sale of three senior housing communities totaling 167 units. The properties are: SunRidge at Cambria, built in 1995 at 1991 Saul Kleinfeld Dr.; SunRidge at Cielo Vista, built in 1998 at 7949 Sunmount Dr.; and SunRidge at Desert Springs, built in 2000 at 5901 Bandolero Dr. […]