Amalia Otet
Amalia Otet is an online content developer and creative writer for RENTCafé. She loves all things real estate and strives to live beautifully, one green step at a time.
Granite Properties Gets $73M in Financing for Uptown Office Building
Granite Properties has obtained $73 million in financing for 17Seventeen McKinney, a 19-story, Class AA office property in Dallas.
Second SkyHouse Luxury Community to Break Ground in Houston
A joint venture consisting of Simpson Housing, LLLP of Denver, Atlanta-based Novare Group, Batson-Cook Development Company and Houston-based Peter W. Dienna announced plans to break ground on SkyHouse River Oaks, a 25-story, 352-home luxury apartment community in Houston’s River Oaks neighborhood.
Billingsley Co. Moves Ahead on 1,000-Acre Master-Planned Development in North Dallas
Construction is marching ahead as planned for Billingsley Company’s 1,000-acre master-planned development in North Dallas. Dubbed Cypress Waters, the property is conveniently located within five minutes of the DFW International Airport and near heavily sought-after demographic areas such as Coppel, Southlake and Irving.
CSM to Reinvent Phoenix Office Building as Select-Service Hotel; W.P. Carey Pays $23M for Avnet HQ In Tempe
CSM Lodging, a division of CSM Corporation, plans to revamp the historic Professional Building – the former Valley Bank & Trust building – in downtown Phoenix, and turn it into a premium select-service hotel.
Younan Buys Class A Office Building for $7M; Hansji Urban to Start $80M Marriott Project
In a $7,1 million deal, Woodland Hills, California-based Younan Properties Inc. has acquired Black Canyon Corporate Center, a 94,203-square-foot office property in Phoenix, from REO Asset Manager, John Mitchell, of LNR Partners, as special servicer.
MARKET SNAPSHOT: Demand in Houston Still Strong as Economy Prospers
Strongly supported by a thriving energy sector as well as a robust multi-family industry, Houston’s economy is expected to experience further growth throughout 2014.
Brookhollow Central II & III Awarded LEED Gold; Skanska’s Capitol Tower Earns LEED v4 Platinum Pre-Certification
Brookhollow Central II and III, two office properties in Houston’s Brookhollow Central campus, along with Buckhead Tower at Lenox Square in Atlanta, Georgia, have been recently awarded LEED™ Gold Certification for Existing Buildings: Operations and Maintenance by the U.S. Green Building Council.
Developers Bring $45M Dream Hotel to Uptown Dallas; Westmount Aquires 270-Unit Suburban M-F Complex
Hyphen Construction Group, Inc., a hospitality-focused, general contracting firm based in Addison, has been tapped by McKinney Hotel Developers, LLC to build the new Dream Dallas Hotel.
Exxon to Expand Houston Footprint, Inking 478,000-SF Lease
Exxon Mobil Corporation inked a deal to lease approximately 478,000 square feet of office space at Hughes Landing, a 66-acre mixed-use community situated on Lake Woodlands.
P. B. Bell Closes on Sites of Luxury M-F Projects in Phoenix, Scottsdale
The P. B. Bell Companies, a locally owned and operated real estate management and development firm, has announced plans to develop a 244-unit luxury multi-family community in the Valley.