In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are now shifting their preferences back to existing homes. […]
CARROLTON – Starwood Capital Group has purchased Keystone at Castle Hills from Acre Valley Real Estate Capital. The 690-unit multifamily community is at 4600 N. Josey Ln. Amenities include two pools, a lap pool and splash pad, outdoor lounges, a resident clubhouse with WeWork collaborative workspaces, and fitness studio featuring Peloton Bikes. CBRE represented the seller. The Texas Real […]
LUFKIN – Texas Moving & Storage, a 223-unit self-storage facility, has been sold. The 22,630-sf facility was built in 2008 at 2425 Brentwood Dr. Marcus & Millichap represented the buyer and seller, both locally based private investors. Get more retail news on the Texas Real Estate Research Center’s website: Texas retail news Texas Quarterly Commercial Report Source: REBusiness Online
Opened to the public in 1992, the Dallas World Aquarium has been in the Downtown Dallas area for nearly 30 years. Along with providing animal and plant lovers an opportunity to see wildlife up close, the aquarium offers field trips and educational sessions for children and adults. Check out our…
DALLAS – Napali Capital has acquired the 152-room Tru by Hilton Dallas Market Center hotel at 1949 N. Stemmons Fwy. in the central business district. Originally built in 1965 as a bank, the building was converted to a hotel in January 2021 following a gut renovation. Amenities include two food and beverage concepts, a 24/7 grab-and-go market, fitness center, […]
HOUSTON – Locally based Sekai Hospitality will open two new nightclubs this fall. Wyld Chld at 5922 Washington Ave. will have 7,500 sf of interior space, a 1,300-sf patio, and a 1,000-sf rooftop terrace. The designer is Brooklyn, N.Y.-based Marc Dizon. Sekai Day and Night will be at 1505 Saint Emanuel St. and is being designed by Cairo, Egypt-based Studio Five. The […]
WASHINGTON – The Centers for Disease Control and Prevention (CDC) has issued a new order temporarily halting evictions in counties with heightened levels of COVID-19 transmission. The order is set to expire Oct. 3, 2021. The new moratorium comes just a few days after the CDC’s final eviction moratorium extension expired on July 31. To be eligible, […]
RICHARDSON – Bell Partners Inc. has purchased the 435-unit CityLine Park apartments on Plano Rd. and CityLine Dr. Built by Zale/Corson Group in 2017, the community was one of the first apartment projects in the $1.5 billion CityLine project. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report […]
BAYTOWN – D’Agostino Cos. and TGS Cedar Port Partners LP will develop Cedar Port Office Plaza within the 15,000-acre Cedar Port Industrial Park. The 132,000-sf project will consist of two buildings measuring 79,200 and 52,800 sf. The project will be leased by NAI Partners. Construction begins in October and will be complete in first quarter 2023. Get more […]
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s what three leading […]
