HOUSTON – Capstone has arranged the sale of two manufactured housing communities totaling 322 sites. Anderson Oaks is a 177-site community. Chase Village has 145 sites. The properties had a combined occupancy of 97.5 percent at the time of sale. Capstone represented the seller and procured the buyer. read more…
Archives: August 2022
Partnership acquires 10497 Town and Country Way
HOUSTON – Lee & Associates and 35 South Capital have purchased 10497 Town and Country Way, a nine-story, 150,000-sf building. Lee & Associates plans to move into a full floor of about 17,000 sf next year. 35 South Capital will occupy 3,000 sf in the building later this year. The building is already about 85 percent leased […]
AHV to launch BTR complex in Leander
LEANDER – AHV Communities is planning a 224-unit build-to-rent community. The complex will have three- and four-bedroom homes ranging from 1,500 to 1,900 sf. Amenities will include a pool, fitness center, dog park, and game courts. Construction begins in first quarter 2023. read more…
Venture Development, Batson-Cook break ground on The Southerly at Crossroads
TERRELL – Ventures Development Group and Batson-Cook Development Co. have begun work on a 300-unit multifamily community in this city east of Dallas. The Southerly at Crossroads will have a pool, outdoor kitchen, fitness center, game room, dog park, and co-working lounge. Arrive Architecture Group is designing the project, Construction Enterprise Inc. is the general contractor, […]
Stonelake Capital purchases 90 acres for 1.3 million-sf logistics park
EL PASO – Stonelake Capital Partners has acquired 90 acres at the corner of Montana Ave. and Joe Battle Blvd. for the development of a 1.3 million-sf business park. The 375 Logistics Park will comprise four to six buildings and has been appraised at $30.8 million. River Oak Properties was the seller. Construction begins in […]
Palladium begins work on FW mixed-income apartment complex
FORT WORTH – Palladium USA Inc. has broken ground on Palladium East Berry Street, a 240-unit mixed-income community at 2350 E. Berry St. The $55.8 million development spans three buildings and has one-, two-, and three-bedroom units. A portion of the units will be allocated for residents making less than 30 percent of the area […]
WB Development, New Era begin work on 50-bed rehabilitation hospital in SA
SAN ANTONIO – WB Development Partners and New Era Companies have broken ground on a 50-bed, $24 million rehabilitation hospital on Floyd Curl Dr. The 50,000-sf site will provide care to patients with debilitating illnesses, injuries, and other neurological or orthopedic issues. Z Constructors is the general contractor. Nobis Rehabilitation Partners will manage the hospital. […]
Why Are People Moving Today?
Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they […]
Why You Need a Real Estate Agent in This Shifting Market
Key Takeaways: Understanding the ebbs and flows of the market is crucial to success A real estate agent is on your side and knows your local market best Start planning your next move now – contact us! What to Do When the Market Changes Buying or selling a home is one of the most exciting […]