DALLAS – The 310-unit Maravilla apartment community has been acquired with a $23 million loan. Located at 2625 Community Dr., the complex has studio and one-, two-, and three-bedroom layouts ranging from 450 to 1,350 sf, as well as pools, a clubhouse, pet park, playground, soccer field, and outdoor grilling and dining areas. The apartment community was purchased […]
Archives: January 2024
Texas A&M breaks ground on McAllen nursing education, research building
McALLEN – Texas A&M University broke ground this week on the Texas A&M Health Nursing Education and Research Building at the Texas A&M University Higher Education Center. The facility will be home to Texas A&M School of Nursing programs and Texas A&M School of Veterinary Medicine & Biomedical Sciences research and outreach. The Texas A&M System Board of Regents authorized construction […]
JV acquires 318-unit multifamily property in Westchase area
HOUSTON – Eastham Capital and Mosaic Residential have acquired Sola Westchase, a 318-unit residential community at 3354 Rogerdale Rd. Built in 1999, the property was recently upgraded by a previous owner. The community has one-, two-, and three-bedroom units ranging from 626 to 1,436 sf. The property was 95 percent occupied at the time of sale. read […]
Luxury car storage facility breaks ground in Frisco
FRISCO – A luxury garage condominium has acquired financing and is the first garage condo to break ground in first quarter 2024. George Smith Partners’ garage condominium will have 53 units across five acres and offer climate control and security. The company arranged financing with Garages of America in the form of $6.7 million in […]
Wastin' away again in Galveston: $700M Margaritaville resort planned
GALVESTON – RREAF Holdings LLC is developing a Margaritaville Resort on 95 acres at 317 East Beach Dr. At 15 stories and with 300,000 sf of air-conditioned space, the 334-key resort is expected to cost $700 million. It will include a 2.5-acre elevated deck overlooking the beach with a large pool, water slides, and a 350-ft […]
Comfort Food Pleasures in DFW
Image by: Ashley Byrd Comfort Food Bliss in DFW: A Newcomer’s Guide New to the vibrant Dallas-Fort Worth metroplex? Craving a taste of home amidst the Texas bustle? Look no further than DFW’s incredible comfort food scene! But with so many mouthwatering options, how do you find the perfect soul-soothing dish? This guide unlocks the […]
Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]
Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting […]
UT Austin student housing complex sold in off-market deal
AUSTIN –The Bascom Group has acquired Texan 26, a 204-bed student housing property near the University of Texas at Austin. Texan 26 offers units starting at 885 sf with rent starting at $1,179 per month. Amenities include private balconies in each unit, in-unit washer and dryer, modern kitchen appliances, and proximity to a bus stop. […]
Leander to add new dining and retail strip
LEANDER – A dining and retail strip called Southbrook Station is preparing to break ground off US 183. According to a news release from broker Endeavor Real Estate Group, the development is set to be complete later this year. Endeavor said the development is currently about 60 percent preleased and negotiations are taking place to bring the […]
Plaza San Antonio Hotel returns after four-year remodel
SAN ANTONIO – Plaza San Antonio Hotel and Spa has been undergoing renovations since 2020. Four years later, the hotel is back with 253 rooms, two restaurants and bars, and 19th century buildings housing a day spa and a bungalow suite. In addition to a resort-style pool, the hotel has over 21,000 sf of event space, […]