If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the year […]
Archives: March 2023
226-site RV Park opens in Kingwood
KINGWOOD – Excel Commercial Real Estate has opened Laurel Springs RV Resort, a 226-site development. Indoor amenities include a fitness center, arcade, business center, lounge, hospitality kitchen, and onsite laundry facilities. Outdoor amenities include a pool, outdoor patio and grilling areas, playground, dog park, putting green, and walking trails. read more…
110-acre beachside development with private airport slated for Bolivar
BOLIVAR PENINSUA – Bolivar Investment Group has begun land development at 1520 SH 87 for a 110-acre beach resort. Called The Peninsula, the resort will have 90 single-family beach homes on 15 acres, 117 rental cottages with a clubhouse and two pools, 50 RV sites with overhead cabins, five condo towers totaling 160 units on the […]
Condo project underway on Village of Tiki Island
GALVESTON – Legend Communities has begun site work for a planned condo project at The Residences of Tiki Island, a waterfront community. The project will have eight two-story, 1,900-sf waterfront villas atop a podium. At buildout, the development will have a 70-unit condo building, marina and restaurant, and a boat barn with capacity of 200 boats. Groundbreaking is set for […]
Nord Group picks up San Antonio multifamily portfolio
SAN ANTONIO – Nord Group has acquired a portfolio with 43 buildings and 492 residential units. The properties include Terrain at Medical Center, a garden-style apartment complex consisting of 16 three-story buildings with 224 units and 251 parking spaces. The 155,960-sf development at 5380 Medical Center Dr. was built in 1983. The other property, Latitude […]
368-unit Austin apartment community trades hands
AUSTIN – Henley Riverside, a 368-unit apartment community at 6107 E. Riverside Dr., has sold. The property has one-, two-, and three-bedroom residences.Amenities include a pool, fitness center, gaming area, and an outdoor kitchen. Newmark represented the seller, an affiliate of Treeline Real Estate Partners. Henley Riverside was 92 percent occupied at the time of […]
Reasons To Consider Condos in Your Home Search
Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate: “A condo can be a more affordable entry point to homeownership than a single-family home. And as a homeowner, you’ll build equity […]
Pelican Builders continues development of condominium in southwest Houston
HOUSTON – Pelican Builders has opened a sales office for The Lexington, its latest condo midrise at 2419 Mimosa Dr. which will be completed this year. The Lexington will have 40 units, including four penthouse units that will range in size from 2,700 sf to 4,000 sf and cost between $1.6 million and $4 million. […]
135-acre luxury community underway in Round Top
ROUND TOP – Lappin Properties has broken ground on Round Top Springs, a 135-acre community off of SH 237. The project will have 16 ranch-style homes that sit on five to ten acres, be larger than 3,600 sf, and cost from $2.9 million to $4.5 million. Amenities will include a common entertainment area with a pool and a […]
Mohr Capital picks up 439K-sf SA industrial with major tenant
SAN ANTONIO – Mohr Capital has acquired Foster Ridge II, a 439,809-sf industrial property at 7015 Lancer Blvd. The cross-dock facility has 36-ft clear heights, 84 dock doors, 2,500 sf of office space, and an ESFR sprinkler system. Foster Ridge II is fully leased to Tesla. JLL represented the seller, Becknell Industrial. Rodrigo Godoi represented […]