Houston
Hayman Acquires 518-unit Apartment Community; Richland Acquires Business Park
Troy, Michigan-based Hayman Company has completed the acquisition of The Lodge at Shadowlake, a 518-unit garden apartment community in West Houston.
Marquette Cos. to Break Ground on 364-Unit M-F Project in Downtown Houston
Naperville, Ill.-based The Marquette Companies plans to break ground on Block 52, a 364-unit apartment building in downtown Houston.
PinPoint to Break Ground on $250 M-U Development Site in Houston
PinPoint Commercial will break ground next week on Woodland Creek, a new 75-acre mixed-use development in The Woodlands, Texas.
Presidium Group, Nessel Development JV Purchases Off-Market Multifamily Community in North Houston
As one of the top ten fastest growing cities in the U.S., Houston continues to attract major investors who strive to capitalize on the high demand for multifamily product. Dallas-based Presidium Group, LLC has acquired Live Oak Bend Apartments, a 252-unit multifamily community
Harbor Group Affiliate Buys 456-Unit M-F Community in Houston
An affiliate of Harbor Group International has purchased Westchase Creek, a 456-unit multi-family community in Houston’s Westchase District, for an undisclosed sum.
Wood Partners’ Alta Heights Shows Strong Leasing; JV Buys Westchase Office Building
Wood Partners, L.L.C., one of the nation’s most active multifamily developers, announced that its Alta Heights apartment community in Houston is almost 70 percent occupied. Since the community opened its doors four months ago, it has leased 173 of the 256 available units.
Crescent Communities Launches Phase One of Amenity-Rich Master-Planned Community
Greater Houston is home to several of the nation’s best-selling master-planned communities. Boasting a job-centric economy and growing demographics, the area is expected to experience further growth while fostering increased strength in the housing market.
Development Underway for 128-Key Hotel at Springwoods Village
Woodbine Development Corporation and InterMountain Management (IMM) have commenced development of Residence Inn by Marriott, a 128-key extended-stay hotel in North Houston.
Luxury Condo High-Rise Breaks Ground in Houston’s Uptown
Inter-Pier LLC, a joint venture between The Interfin Companies and Pierpoint Capital together with The McNair Group and Hudson Brothers Real Estate Limited Partnership, officially broke ground on Belfiore, a 26-story high-rise condominium that will redefine Uptown’s vibe and skyline.
Crescent to Break Ground on New Class AA Office Building in Houston’s CBD
Fort Worth-based Crescent Real Estate Holdings LLC plans to commence development of 6 Houston Center, a Class AA 600,000-square foot office building to be located in the east side of Houston’s central business district.