As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not […]
Archives: March 2022
The Top 5 Signs You’re Ready to Stop Renting and Buy Your First Home
Key Takeaways: Buying your first home is a big step, but it’s easy to know when you’re ready Evaluate your entire financial picture, including how much rent is costing you You can count on us: we’re here to help you transition into homeownership! To Buy, Or Not to Buy? Here’s the Answer Timing, as they […]
Houston office market outlook cautiously optimistic
HOUSTON – Local overall office vacancy was 24.9 percent in February, up 110 basis points from the same time last year, according to NAI Partners. Availability was at 29 percent, up 50 basis points from February 2021. The market saw a 20 percent drop in leasing activity, falling from 2.1 million sf in February 2021 to 1.7 million sf last month. That’s the […]
$15.3M affordable housing project on the way to SA
SAN ANTONIO – A partnership between CVS Health, the San Antonio Housing Trust, and two national real estate companies is developing Crosswinds Apartment Homes, a 312-unit affordable apartment community at 4114 N. Loop 1604 E. The property will have one- to three-bedroom units across 13 three-story buildings. Units will be reserved for those making between 30 and […]
Kerby Ventures bringing 452-acre neighborhood to Marble Falls
MARBLE FALLS – Kerby Ventures is developing a 245-home residential community on 452 acres south of SH 71 and east of US 281. Lots will be at least 110 ft wide, and homes will be at least 1,600 sf. Home prices will range between $800,000 and $1.3 million The project will also include a commercial portion and 127 […]
Legacy developing Merit apartment community in Lewisville
LEWISVILLE – San Francisco-based Legacy Partners is developing a 296-unit apartment community called Merit. The development will have one- to three-bedroom units ranging from 630 to 1,500 sf. Amenities will include a pool, fitness center, dog park, coworking space, outdoor gaming area, and 24-hour convenience mart. The project team includes Dallas-based JHP Architecture and Provident General Contractors. Berkadia secured […]
Melissa self-storage facility trades hands
MELISSA – A 459-unit, Class A self-storage facility has been sold. The project consists of 293 climate-controlled units and 166 non-climate-controlled units across 56,525 net rentable sf. Marcus & Millichap brokered the deal. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly Commercial Report Source: REBusiness Online read more…
This Spring Presents Sellers with a Golden Opportunity
Medical office building in the Heights trades hands
HOUSTON – Wolf Capital Partners has acquired the 120,000-sf Heights Medical Tower at 427 W. 20th St. Wolf Capital Partners will update the building and rebrand it as HeightsMED. Renovations will include a new lobby, elevator cabs, restrooms, MEP systems, and spec suites. Work begins in mid-2022 and will be completed around a year later. Get more Houston-area medical […]
BAE Systems completing 390K-sf office, manufacturing facility
AUSTIN – BAE Systems Inc. is completing its 390,000-sf facility in the Parmer Austin business park. The $150 million facility will include a 204-seat auditorium, gym, and 45,000 sf for future expansion. The company will employ 1,400 at its new campus. Construction will be complete by the second quarter. The project team includes developer Trammell Crow […]