While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth […]
GRANDBURY – Quail Park of Grandbury, a 75-unit senior community at 2300 Paluxy Hwy., has been sold to Lloyd Jones Senior Living. The property was 95 percent occupied at the time of the sale. It offers independent-living, assisted-living, and memory-care services. JLL represented the seller, Living Care Lifestyles. Looking for more Dallas-area senior living news? The Texas Real Estate Research Center’s got you […]
AUSTIN – Industry ATX is developing a townhome project on Keilbar Ln. called Industry Soma. Industry Soma will have three- and four-bedroom options averaging 1,100 sf. The 23 attached townhomes will be reserved for residents making 80 percent or less of the area median income. Mark Odom Studio is the architect. Construction began this month and will wrap […]
KYLE – Palladius Capital Management has purchased Citizen House Kyle, a 342-unit, Class A complex at 3400 Kyle Crossing. The luxury community has one- and two-bedroom units ranging from 800 to 1,250 sf. Amenities include a pool, clubhouse, fitness center, outdoor lounge, and coworking space. Endeavor Real Estate Group was the seller. The Texas Real Estate […]
AUSTIN – New York-based Related Companies is planning a 15-story office tower called One Ladybird Lake. It will be at 208 Barton Springs Rd. on the current site of the Hyatt Regency Austin’s parking lot. Construction begins late next year with completion slated for late 2025. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas Quarterly […]
SAN ANTONIO – Winston Hotels LLC is nearing completion on a duel-branded hotel in Riverside Towers at 111 Soledad St. The 181-room AC Hotel by Marriott will occupy floors 13 through 20 and opens on Oct. 6. Element by Winston will occupy the bottom floors and will be complete by the end of the year. Shared amenities […]
HUNTSVILLE – Spartan Investment Group is adding 303 units to the FreeUp Storage facility at 20 FM 1791. FreeUp currently has 320 units and 45,000 sf of net rentable space. The expansion will add 31,700 sf of climate-controlled space and 12,940 sf of non-climate-controlled space. Construction will be complete by the end of the year. […]
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit […]
LANCASTER – Pleasant Creek, a 159-unit apartment complex at 1255 W. Pleasant Run Rd., has been sold. The 16-building complex has laundry facilities, a pool, fitness center, and business center. Marcus & Millichap represented the seller and procured the buyer, Cove Capital Investments. The Texas Real Estate Research Center has more multifamily news online for free: Texas […]
BUDA – Alliance Industrial has started construction on a 157,450-sf speculative project called the Corridor Commerce Center. Located on 12 acres along I-35, the building will have 32-ft clear heights, two drive-in doors, and an ESFR sprinkler system. Seeberger Architecture designed the project. Transwestern will handle leasing. Construction wraps in March 2023. The Texas Real Estate Research Center has […]
