COLLEGE STATION – “A major turnaround in the Texas apartment market has lifted occupancy levels and rent growth past pre-pandemic levels,” said Dr. Luis Torres, research economist for the Texas Real Estate Research Center at Texas A&M University. Torres says the apartment outlook has changed from “catastrophic” when the pandemic began to “positive” today. He cites several reasons […]
Archives: August 2021
Bell Partners picks up 339-unit apartment community
SAN ANTONIO – Bell Partners has purchased Bell Lakeshore, a 339-unit apartment complex at 2515 Elmont Dr. Built in 2018 as Lenox Boardwalk, the property has one- and two-bedroom units. Amenities include a pool, fitness center, and courtyards. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report San […]
229-unit apartment complex trades hands near SA River Walk
SAN ANTONIO – Ascentris has sold Southtown Flats, a 229-unit apartment community at 111 Probandt St. Built in 2016, the property has studio, one-, and two-bedroom units. Rent ranges from $1,206 to $2,691 per month. Amenities include a pool, fitness center, business center, cybercafe, game areas, and package lockers. Newmark brokered the sale and arranged […]
Digital insurance company signs long-term lease at The Stack Deep Ellum
DALLAS – Bestow has signed an 11-year lease for 42,000 sf at The Stack Deep Ellum, a 16-story, mixed-use office building. The 210,000-sf office is a joint venture between Westdale Real Estate Investment and Management, Ivanhoé Cambridge, and Hines. Amenities include electric vehicle charging stations, a tenth-floor amenity terrace, fitness center, coffee/cocktail lounge, bicycle storage, and […]
MDH Partners buys $11.3M warehouse
SAN ANTONIO – MDH Partners has acquired a 151,793-sf warehouse at 7042 Industrial Way. The warehouse feature 24-ft clear heights, 74 dock-high doors, and 84 trailer parking spaces. The property was 60 percent leased at the time of sale. GFI Realty represented MDH Partners. The Texas Real Estate Research Center has more on San Antonio’s industrial market: […]
Knife manufacturer cuts into Leander with 400K-sf facility
LEANDER – Chino, CA-based knife manufacturer Cangshan Cutlery is developing a 400,000-sf production and administrative facility at 204 Heritage Grove Rd. The facility will bring 300 jobs and create $150 million in annual revenue. The company will occupy the space in 2023. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial […]
What Buyers and Sellers Need To Know About the Appraisal Gap
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the […]
Trivia Nights in Dallas
The Hockaday School
HOCKADAY GIRLS ARE EMPOWERED TO THINK AND INSPIRED TO LEARN. Founded in 1913, in Dallas, TX, The Hockaday School provides a community of care and friendship and instills in every girl a love of learning, an understanding of herself and the principles which guide her life, and an appreciation of excellence in all its forms. […]
Explore and Discover TRINITY FALLS
Get to Know Trinity Falls — Your Home In Nature Trinity Falls is a vibrant 2,000-acre Johnson Development community where natural beauty and exceptional amenities combine to create a spectacular lifestyle. A world apart from the hustle and bustle of nearby Dallas – yet never far from major employment centers, shopping, dining and fun – […]