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Texas homebuyers rush to take advantage of low mortgage rates

​COLLEGE STATION – Texas’ housing market rebounded in September as homebuyers rushed to take advantage of historically low mortgage rates. Existing homes sold through Texas Multiple Listing Services increased 10.7 percent from August and are running 2.6 percent higher relative to the first three quarters of 2019. “Many prospective homebuyers who were planning to purchase next […]

230-unit The Park on Wurzbach trades hands

​​SAN ANTONIO – Venterra Realty has acquired The Park on Wurzbach, a 264-unit multifamily complex at 4707 Wurzbach Rd.  The property offers one- to three-bedroom units. Rents range from $1,050 to $1,914 per month.  Amenities include a pool, fitness center, game room, business center, clubhouse, and conference room.  NorthMarq arranged $24.6 million in acquisition financing.  The […]

JV breaks ground on resort-style senior community

​GEORGETOWN – MedCore Partners and TNRG have broken ground on The Hacienda at Georgetown, a 230-unit senior living community. It will offer 125 independent-living, 81 assisted-living, and 24 memory-​care units.  Amenities will include a wellness center, fitness center, club room, theater, meditation garden, and pool.  The project, on 13 acres at the corner of Williams Dr. and […]

700K-sf Amazon facility slated for Waco

​​WACO – Amazon Inc. is building a 700,218-sf distribution center and warehouse on 9​3 acres at 200 Exchange Pkwy. Developer BL Companies secured a permit to develop the project this summer. The project will create up to 1,000 jobs. ​ Get more Waco-area industrial news on the Real Estate Center’s website: “Waco’s Wild Rise” Waco real estate news […]

Five-acre dog park coming to McAlister Park

​​​LUBBOCK – Friends of McAlister Park and the city have broken ground on a five-acre dog park at Marsha Sharp Fwy. in the northeast portion of McAlister Park.  The $800,000 dog par​k will ​have three fenced-in areas, benches, restrooms, food truck area, and walking trail.  Construction will be complete next summer. Get more Lubbock real estate […]

Canadian investor snaps up 400 acres for Cedar Hill housing project

​​​CEDAR HILL – Canada-based Walton Group Holdings Ltd. has purchased 400 acres near Joe Pool Lake. The property on Lake Ridge Pkwy.​​​​​​ west of ​​US 67 will have 1,100 single-family homes. A builder will take majority of the l​​​and. Negotiations with rental home and senior housing developers are still in the works.  Vanguard Real Estate Advisors brokered transaction. Get more DFW-area […]