DALLAS – Texas A&M University-Commerce is taking the top two floors at 8750 NorthPark Central Expy. for the headquarters of its education and business colleges. Both colleges’ deans will have their offices at the 51,500-sf location. Harrison, Walker & Harper assisted the Texas A&M University System in locating the space. OMS Strategic Advisors represented the system […]
Archives: April 2021
48-unit Village Flats trades hands
AUSTIN – Village Flats, a 48-unit apartment complex at 8930 Galewood Dr., has been sold. Built in 1980, the property has a playground and laundry facilities. NorthMarq provided a $2.7 million Freddie Mac acquisition for the borrower. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily […]
Executive Apartments under new ownership
SAN ANTONIO – Executive Apartments, a 68-unit multifamily community at 158 De Chantle Road, has traded hands. Built in 1964, the property has one- and two-bedroom units. Rents range from $735 to $925 per month. Amenities include a pool, pet park, business center, and laundry facilities. The Multifamily Group represented the buyer and seller. The […]
Clean Earth signs 70K-sf lease in Johnson County
ALVARADO – Clean Earth has signed a 69,828-sf industrial lease. Holt Lundsford Commercial represented the landlord, Hearthstone Properties. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online
97-room Houston hotel sold
HOUSTON – OYO Townhouse Houston, a 97-room hotel, has been sold. The four-story property was built in 1996 at 12701 North Fwy. Marcus & Millichap represented the seller and procured the buyer. The new owner will convert the independent hotel into a national franchise brand. Get more Houston-area hotel news on the Texas Real Estate Research Center’s website. Source: […]
There’s No Reason To Panic Over Today’s Lending Standards
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing […]
What Makes Today’s Real Estate Market So Competitive?
Key Takeaways This year’s housing market is shaping up to be the most competitive on record, but the pandemic isn’t the only thing influencing the national real estate boom. There are actually quite a few factors contributing to today’s hot market, including unfettered buyer demand, historically low supply, and steady interest rates. Have questions about […]