GEORGETOWN – BlackRidge Capital LLC and partners will break ground next month on the Woodgate Corporate Park. The 12-acre flex project will have two buildings totaling 116,624 sf. It is across from the Georgetown Municipal Airport. Preleasing has already begun. Completion is slated for first quarter 2022. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: […]
Archives: August 2021
FHFA announces multifamily tenant protections
WASHINGTON – The Federal Housing Finance Agency (FHFA) has announced that tenants of multifamily properties with mortgages backed by Fannie Mae or Freddie Mac (the Enterprises) who are subject to eviction for nonpayment of rent must be given 30 days’ notice to vacate before the tenant can be required to leave the unit. This requirement applies to […]
SA apartments sold
SAN ANTONIO – Chicago-based Redwood Capital Group has purchased Ascent Cresta Bella, a 322-unit apartment community at 19702 Bella Loma. The property has one-, two- and three-bedroom units. Community amenities include an infinity pool with cabanas, outdoor kitchens, rooftop terrace, social lounge, business center, two-story fitness center with a spin room, and multiple dog parks. The Texas Real Estate Research Center has […]
Lee & Associates nabs 12-building industrial portfolio from Arden Group
ARLINGTON – Lee & Associates has acquired a 12-building industrial portfolio totaling 582,803 sf from Arden Group. The deal included the nine-building 109th Street Business Park, 2821 E. Randol Mill Rd., 2016-3030 Avenue East, and 1170-1180 109th St. The portfolio is 77 percent leased to 20 tenants and was completed between 1961 and 1970. The Texas Real Estate Research Center […]
Encore Lower Broadway to break ground in San Antonio
SAN ANTONIO – Dallas-based Encore Multifamily is developing a Class A apartment community adjacent to the Broadway East master-planned project. Called Encore Lower Broadway, the five-story, 386-unit project will be on 4.2 acres across from the Pearl District. Work starts on the development this month. Berkadia secured the capital partner, which is providing a $15.77 million equity […]
Struck oil: Lime Rock Resources purchases $508M in O&G properties
HOUSTON – Lime Rock Resources has acquired $508.3 million in oil and gas properties in the Delaware Basin of Texas. The property is primarily in Loving County. As of April 1, 2021, it produces 15,162 barrels of oil equivalent per day. The transaction is expected to close Sept. 30. Get more industrial news on the Texas Real Estate Research Center’s website: […]
Key Questions To Ask Yourself Before Buying a Home
Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy […]
Concerts in Dallas This August
Your Comprehensive Guide to Picking the Perfect Neighborhood
Key Takeaways: If you’re thinking about buying a home, it’s important to choose the right neighborhood, especially if you care about resale value. Certain neighborhood features can increase your home value—and make you feel right at home in your new community. When it comes to your home search, we have some features to keep in […]