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Austin's Kong Capital aims for $200M fund
News 1 day ago
Austin's Kong Capital aims for $200M fund

A new private equity firm has received $4 million to invest in senior housing projects and aims to raise a $200 million fund for similar deals....

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Lawmakers skewer TRS over Indeed Tower lease plan
News 1 day ago
Lawmakers skewer TRS over Indeed Tower lease plan

If the Teacher Retirement System of Texas hoped to stave off criticism from state lawmakers when it reversed course last week on a plan to spend a...

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Austin boot company Tecovas raises $15 million
News 2 days ago
Austin boot company Tecovas raises $15 million

A year after opening its first retail store, Austin-based cowboy bootmaker Tecovas has raised $15 million, according to a securities filing. The...

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Under fire, TRS backs off Indeed Tower lease plan
News 1 week ago
Under fire, TRS backs off Indeed Tower lease plan

After weeks of criticism from retired teachers and state lawmakers, managers of the public pension fund for Texas teachers have scrapped plans to...

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Austin real estate-tech firm Swivel scores $8M to expand
News 1 week ago
Austin real estate-tech firm Swivel scores $8M to expand

Austin-based Swivel - which helps fast-growing companies find flexible office space - has raised $8 million for a nationwide expansion. Swivel...

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Amid data fight, TCAD says it won't update residential appraisals for 2020
News 2 weeks ago
Amid data fight, TCAD says it won't update residential appraisals for 2020

In a move that could have significant financial implications, the Travis Central Appraisal District told nine local school districts Wednesday that...

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Amid data fight, TCAD says it won’t update residential appraisals for 2020
News 2 weeks ago
Amid data fight, TCAD says it won’t update residential appraisals for 2020

In a move that could have significant financial implications, the Travis Central Appraisal District told nine local school districts Wednesday that...

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More Paul-controlled entities file for bankruptcy
News 3 weeks ago
More Paul-controlled entities file for bankruptcy

Austin real estate investor Nate Paul, faced with imminent foreclosures on another eight properties owned by business entities that he controls,...

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Texas lawmakers to hold hearing on TRS lease
News 4 weeks ago
Texas lawmakers to hold hearing on TRS lease

State lawmakers plan to hold a public hearing on a decision by the Teacher Retirement System of Texas to spend at least $326,000 a month for a new...

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Sustainable shoe brand Allbirds arrives in Austin with store opening
News 4 weeks ago
Sustainable shoe brand Allbirds arrives in Austin with store opening

Allbirds - the San Francisco-based environmentally friendly footwear brand - has arrived in Austin. The fast-growing retailer's new 2,400-square...

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OFFICE UPTURN: Austin market finishes 2019 strong, and 2020 outlook positive
News 4 weeks ago
OFFICE UPTURN: Austin market finishes 2019 strong, and 2020 outlook positive

Central Texas' job and population growth continued to drive demand for office space in the region as 2019 came to a close, sending average rents to...

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Retired teachers group director says members shocked by TRS rent
News 1 month ago
Retired teachers group director says members shocked by TRS rent

The recently revealed starting base rent of $326,000 a month that the Teacher Retirement System of Texas plans to pay for upscale office space in...

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TRS rent at Indeed Tower starts at $326,000 per month
News 1 month ago
TRS rent at Indeed Tower starts at $326,000 per month

The Teacher Retirement System of Texas has disclosed partial costs of its office lease in an upscale high-rise under construction in downtown...

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TRS rent starts at $326,000 per month
News 1 month ago
TRS rent starts at $326,000 per month

The Teacher Retirement System of Texas has disclosed partial costs of its office lease in an upscale high-rise under construction in downtown...

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Travis appraisal district restores in-person protest hearings
News 1 month ago
Travis appraisal district restores in-person protest hearings

The Travis Central Appraisal District said Tuesday that it will resume face-to-face, informal settlement hearings with property owners who...

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Austin developer buys Brazos Lofts condo site
News 1 month ago
Austin developer buys Brazos Lofts condo site

Austin-based Cielo Property Group said Wednesday that it has purchased a prime downtown site that is currently home to the Brazos Lofts...

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28-story condo tower planned for downtown Austin
News 1 month ago
28-story condo tower planned for downtown Austin

A New York developer says it plans to build a 28-story residential tower at West 17th and Guadalupe streets in downtown Austin. Reger Holdings, a...

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Austin-based Locale lands $11M to turn apartments into hotel suites
News 1 month ago
Austin-based Locale lands $11M to turn apartments into hotel suites

Austin-based Locale, which transforms upscale apartment units into short-term rentals, has raised $11 million to expand its reach. Founded in 2016...

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Paul-controlled entities win foreclosure reprieve, but told ‘clock is ticking’
News 1 month ago
Paul-controlled entities win foreclosure reprieve, but told ‘clock is ticking’

Recent bankruptcies by four entities controlled by Austin real estate investor Nate Paul are either ploys to keep his operations afloat as long as...

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Prime site south of downtown Austin hits market
News 1 month ago
Prime site south of downtown Austin hits market

A site south of downtown Austin that houses an Extended Stay America hotel is on the market, and local real estate experts say they expect the...

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RETAIL SQUEEZE: Merchants want to be in Austin, but space is tight
News 1 month ago
RETAIL SQUEEZE: Merchants want to be in Austin, but space is tight

Retail space in Austin is hard to come by and can by pricey, but that hasn't stopped JuiceLand from opening two new locations in the city in less...

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Study ranks H-E-B as top U.S. grocery retailer
News 1 month ago
Study ranks H-E-B as top U.S. grocery retailer

Texas-based grocery chain H-E-B is receiving some mainstream recognition this year as the top grocery retailer in the U. S., according to a leading...

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Austin business briefs
News 1 month ago
Austin business briefs

Connecticut-based insurance data analytics company Insurity said Wednesday that it has completed its acquisition of Austin-based SpatialKey....

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Northwest Austin office campus sold to N.Y. private equity firm KKR for $258 million
News 1 month ago
Northwest Austin office campus sold to N.Y. private equity firm KKR for $258 million

Private equity giant KKR has purchased an eight-building office campus in Northwest Austin that includes Apple and Allergan among its tenants. The...

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Bankruptcy filing forestalls foreclosure on former 3M campus in Austin
News 1 month ago
Bankruptcy filing forestalls foreclosure on former 3M campus in Austin

The former 3M corporate campus in Northwest Austin has averted foreclosure. It was the sixth bankruptcy filing since November to stave off...

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The Guild, an Austin-based hospitality startup, lands $25M for expansion
News 1 month ago
The Guild, an Austin-based hospitality startup, lands $25M for expansion

The Guild, an Austin-based hospitality startup that provides high-end lodging for business travelers, has raised $25 million to break into new...

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Projects to add hundreds of apartment units to Austin region
News 2 months ago
Projects to add hundreds of apartment units to Austin region

Amid Central Texas' ongoing apartment-building boom, two of the latest projects to be announced will add several hundred new rental units to a...

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60-story tower planned for downtown Austin
News 2 months ago
60-story tower planned for downtown Austin

In yet another skyline-changing project for Austin, a Minnesota-based developer says it plans to build a 60-story tower with almost 400 apartments...

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Teacher Retirement System ponders moving HQ out of downtown Austin
News 2 months ago
Teacher Retirement System ponders moving HQ out of downtown Austin

A key division of the Teacher Retirement System of Texas will be among the inaugural tenants of a new office tower in downtown Austin scheduled to...

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Endeavor buys Aussie's site south of downtown Austin
News 2 months ago
Endeavor buys Aussie's site south of downtown Austin

In another acquisition of prime land, Austin-based Endeavor Real Estate Group has added to its holdings in a high-profile area just south of...

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