ADDISON – JPI is building Addison Heights, a 287-unit multifamily development on three acres near Addison Airport. The five-story project will have over 5,000 sf of ground-floor retail space and a 400-space parking garage. Construction starts in early 2023 and will wrap up in 2025. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly […]
AUSTIN – O-SDA Industries is developing Saison North, a 116-unit affordable housing project at 10010 N. Capital of Texas Hwy. The complex will have one-, two-, and three-bedroom floor plans. Seventy-six units will be reserved for residents earning up to 30, 50, and 60 percent of the area median income. Amenities will include a fitness center, […]
NEW CANEY – First America Homes has started on The Landing, a single-family housing project at 22104 Judy Ct. The community will have six floor plans ranging from 1,346 to 1,997 sf. Move-in ready homes range from $274,092 to $327,551. Construction will continue until the community is closed out. Home sales began in May. The Texas Real Estate Research Center has […]
HOUSTON – Katy-based Academy Sports + Outdoors has opened a 50,000-sf location at 8715 W. Loop S. The store is the 33rd in the metro and 107th in Texas. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land retail news Source: REBusiness Online read more…
WASHINGTON – The National Association of Realtors (NAR) has released its 2022 Profile of Home Buyers and Sellers report, which analyzes sales made between July 2021 and June 2022. First-time buyers made up 26 percent of all buyers, down from 34 percent in 2021 and the lowest share since data collection began. The age of typical first-time and […]
COLLEGE STATION – Baylor Scott & White has opened a $1.3 million sports medicine and rehabilitation center at 1280 Arrington Rd. The center will treat neurological disorders and general orthopedic conditions and provide therapy for sports-related injuries. Get more College Station-Bryan real estate news on the Texas Real Estate Research Center’s website. Source: KBTX read more…
Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter […]
KERRVILLE – A partnership between Sendero Cross Capital and WindRidge Real Estate is developing Tivy Commons, a 25-acre mixed-use project. The site formerly housed Tivy Middle School and High School, which closed in 2021. Sections of the original gym floor have been preserved by the Kerrville Independent School District. The project will include 250 to 300 multifamily units, […]
SAN ANTONIO – Big Sky Medical Real Estate has acquired Alamo Quarry Center, a 38,370-sf healthcare facility at 250 E. Basse Rd. The property was 93 percent leased at the time of sale. Cushman & Wakefield brokered the deal. The Texas Real Estate Research Center has more on San Antonio’s medical market: Texas Quarterly Commercial Report Local medical news […]
AUSTIN – Wayfinder Real Estate LLC has begun work on Lookout, a 241-unit Class A apartment and townhome development at 13059 Four Star Blvd. The 231 apartments will come in one-, two-, and three-bedroom floor plans ranging from 568 to 1,522 sf. The ten townhome units will each be 1,547 sf with two bedrooms and two-and-a-half bathrooms. […]
