Amalia Otet
Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia 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.