WACO – SkyWalker Property Partners and Zelevie Health have acquired the Healthcare Resort of Waco, a 116-bed senior housing facility at 5801 Crosslake Pkwy. The 77,000-sf property has 30 assisted-living beds, 86 skilled nursing beds, lounges, outdoor terraces, a media room, and putting green. Completed in 2015, the facility has been closed since 2018. It […]
PLANO – JAH Realty has acquired Park West Plaza, a 17-acre, 191,103-sf shopping center, from ASG Real Estate Co. The property was 98 percent leased at the time of sale to tenants such as Aldi, Elliot’s Hardware, Nadine Floor Co., CiCi’s Pizza, Dairy Queen, and Firehouse Subs. Cushman & Wakefield brokered the deal. Southside Bank provided […]
RICHARDSON – Cadence McShane has broken ground on Lake Highlands Middle School. The 231,000-sf, three-story building will accommodate up to 1,500 students. The project includes: 200 surface parking spaces, a food service area with cafeteria, two competition gyms, weight room, track and practice field, tennis courts, bleachers with 1,000 seats, and spaces designated for band, choir, and […]
HOUSTON – Woodson’s Reserve will begin selling new homes in its 940-acre expansion in early 2023. Built by Tri Pointe Homes and Toll Brothers, the homes will be on 45-, 50-, 60-, 70-, and 80-ft homesites with one- and two-story configurations. Amenities will include a pool, fitness center, tennis courts, dog park, and 115 acres of nature […]
There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall. Opportunity #1: You Have More […]
DENTON – Miami-based Resia is building a 322-unit multifamily project at 3130 Heritage Trail. The project will consist of one-, two-, and three-bedroom units across two seven-story buildings. There will be a pool, fitness center, clubhouse, and business center. Completion is slated for second quarter 2023. Regions Bank provided construction financing. The Texas Real Estate Research Center has more multifamily news online for […]
SAN ANTONIO – Minnesota-based Roers Companies has purchased Rosemont at University Park, a 240-unit multifamily complex at 102 Emerald Ash. The property has one-, two-, and three-bedroom floor plans ranging from 750 to 1100 sf. It will be renovated and converted into an affordable-living community with 15 percent of units reserved for families earning 30 percent of the area […]
HOUSTON – Partners Capital has sold the Steeplechase Professional Building, a 61,165-sf medical office building complex. NAI Partners represented the seller. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area medical news Source: REBusiness Online read more…
LEAGUE CITY – WB Property Group will break ground this fall on Riverview, a $125 million mixed-use project. Riverview will include apartments, townhomes, retail shops, restaurants, senior living, offices, and other amenities. The city will give the developer up to $14 million in incentives funded by sales and property tax revenue generated by the project. The first […]
AUSTIN – Lincoln Property Company and Kairoi Residential have broken ground on Waterline, a 74-story high rise at 98 Red River St. At 1,022 ft, the project will be the tallest tower in Texas, beating out Houston’s JPMorgan Chase Tower by 20 ft. Waterline will have 352 apartment units, 700,000 sf of office space, and the 251-room 1 […]
