Austin
Dobie Center Gets its Second Wind
The iconic Dobie Center has a prosperous future ahead of it.
FelCor Sells Three Hotels to Repay Outstanding Debt
A real estate investment trust, owner of a diversified portfolio of upper-upscale and luxury hotels throughout the U.S., has recently announced the sale of three non-strategic assets.
Homes Blossom in the Orchard
In Austin’s ever growing economy, there is room for all, from the tech savvies with their seamlessly connected homes to the nostalgic ones who dream of a simpler life.
General Motors Drives Big in Silicon Hills
Austin’s industrial market recently marked a massive transaction initiated by California-based Karlin Real Estate.
Stratus Properties Goes All In
California-based Canyon-Johnson Urban Fund II, L.P. decided it was time to break apart from its joint venture partner, the Austin-based Stratus Properties. In May this year the firm took legal action and a last week the process was finalized.
Twin Cities Bank Cinches Refi Loan
Dougherty Mortgage LLC, the full service national mortgage banking firm based in Minneapolis and an affiliate of Dougherty & Company, announced another successful closing of a refinance loan for a Leander property.
Facelift in Store for Central Corridor Hotel
Embassy Suites Austin – Central, the all-suite hotel in Austin’s Central Corridor, has been acquired by a company known to invest in upgrading the hotels it adds to its portfolio.
Next Up for Vintage Mall’s Makeover: Apartments
Earlier this year, Austin’s first suburban shopping mall closed its doors after 46 years of existence. The retail center is going through a redevelopment process under the new ownership of Austin Community College.
REIT Expands Footprint with Parkside Buy
Just two months after Houston-based Whitestone REIT entered Austin’s prosperous market by purchasing the 128,934-square-foot Davenport Village, the company announced expanding its Central Texas portfolio with two more service-oriented centers.
NYC Investor Takes 2 Office Buildings
New York-based real estate investment company Valor Capital Partners joins the investors attracted by Austin’s desirable commercial office market. Recently, the firm announced the acquisition of two Class B office buildings, previously owned by a Dallas investor.