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Houston apartments change hands as Wisconsin buys portfolio of workforce housing
News 3 weeks ago
Houston apartments change hands as Wisconsin buys portfolio of workforce housing

A Wisconsin company purchased several Houston workforce housing properties as part of a portfolio transaction, CBRE announced this morning. The 10...

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Locale, which turns apartments into short-term rentals, raises $11 million
News 3 weeks ago
Locale, which turns apartments into short-term rentals, raises $11 million

Locale, an Austin-based company that leases high-end apartment units and converts them to short-term rentals that travellers can book through sites...

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Coca-Cola plant near West U poised for redevelopment
News 3 weeks ago
Coca-Cola plant near West U poised for redevelopment

A redevelopment of the 14-acre Coca-Cola bottling plant near West University could be on the horizon, as a lease on the property expires at the end...

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Mortgage rates remain low
News 1 month ago
Mortgage rates remain low

Mortgage rates remain around the lows reached four years ago, according to the latest survey by government-sponsored mortgage company Freddie Mac....

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Cast your vote in the 3rd annual Loopie Awards for Houston real estate
News 1 month ago
Cast your vote in the 3rd annual Loopie Awards for Houston real estate

What stood out most in last year's real estate market? Was it the seemingly overnight attempt to gentrify Independence Heights? The demolition of...

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Fourth-quarter office leasing sets 20-year record
News 1 month ago
Fourth-quarter office leasing sets 20-year record

By the end of the fourth quarter, Houston businesses occupied 2 million more square feet than they had three months before -- a 20-year record,...

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Rents for affordable Houston apartments set to rise
News 1 month ago
Rents for affordable Houston apartments set to rise

Houston rents will begin rising more quickly in 2020, especially for affordable housing stock, according to a forecast from multifamily consulting...

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Camden buys trophy inner Loop apartments from Fein
News 1 month ago
Camden buys trophy inner Loop apartments from Fein

Camden Property Trust closed out 2019 with the purchase of a trio of multifamily properties totaling 552 units in one of Houston's most prestigious...

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Howard Hughes to buy former Anadarko towers, old ConocoPhillips campus for $565m
News 1 month ago
Howard Hughes to buy former Anadarko towers, old ConocoPhillips campus for $565m

Howard Hughes Corp. said Monday that it has bought both the former Anadarko Petroleum headquarters in The Woodlands and the old ConocoPhillips...

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Dallas-based Elevate Commercial buys $75 million Houston apartment portfolio
News 2 months ago
Dallas-based Elevate Commercial buys $75 million Houston apartment portfolio

Dallas-based Elevate Commercial Investment Group has closed on the purchase of a 1,275-unit apartment portfolio in Houston for $75 million. The...

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Houston rents on track to heat up, says investment company
News 2 months ago
Houston rents on track to heat up, says investment company

Houston rents are on track to heat up, says real estate investment company Marcus & Millichap. The Houston metro is on track to add more than 47...

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Report: Bank of America Tower sells for record per-foot price
News 2 months ago
Report: Bank of America Tower sells for record per-foot price

The Bank of America Tower has sold for $542 million, according to a report in Real Estate Alert, a newsletter for institutional investors. At $695...

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Former Palace Lanes building on Bellaire finds new tenants
News 3 months ago
Former Palace Lanes building on Bellaire finds new tenants

The developer revamping Palace Bowling Lanes on Bellaire Boulevard has added two new tenants to the roster of retailers and medical users planning...

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Camden chief says Houston's apartment market is not as robust as he'd like
News 3 months ago
Camden chief says Houston's apartment market is not as robust as he'd like

Ric Campo, chairman and CEO of Houston-based apartment developer Camden Property Trust, said the local apartment market hasn't been as good this...

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Allen Parkway hotel and condo tower breaks ground
News 3 months ago
Allen Parkway hotel and condo tower breaks ground

Construction has started on the first phase of The Allen, a six-acre development next to the Federal Reserve building along Allen Parkway....

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Skanska buys downtown Houston parcel for $55M
News 4 months ago
Skanska buys downtown Houston parcel for $55M

Skanska, the developer of downtown's Bank of America Tower, has purchased 3.5 acres near Discovery Green for $55 million. The Swedish development...

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Houston-area rents dip for first time in two years
News 4 months ago
Houston-area rents dip for first time in two years

FBI reveals most violent colleges - and UH is near the top Average apartment rents dipped in September from the month before, according to rental...

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Houston coworking startup aims to offer 'grown-up' option
News 4 months ago
Houston coworking startup aims to offer 'grown-up' option

FBI reveals most violent colleges - and UH is near the top Ted Cruz slams NBA king for 'kissing up to tyrants' Weezie Mackey has heard stories...

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Moran ranch north of Houston purchased for residential community
News 4 months ago
Moran ranch north of Houston purchased for residential community

A pair of developers have closed on their acquisition of the Moran family ranch, a 500-acre tract in Montgomery County where the new owners are...

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Houston company provides new moms a place to work and pump
News 4 months ago
Houston company provides new moms a place to work and pump

Work & Mother, a network of pumping facilities for breastfeeding mothers in the workplace, plans to open a facility next summer in downtown's Three...

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Kimpton Hotels to open first Houston property in Midtown
News 4 months ago
Kimpton Hotels to open first Houston property in Midtown

Boutique hotel company Kimpton Hotels & Restaurants announced plans Thursday to open its first project in Houston as part of a multi-block...

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WeWork, Regus provide lion's share of Houston coworking space
News 4 months ago
WeWork, Regus provide lion's share of Houston coworking space

Traditional leases drive Houston's office market. Say an energy company needs to expand. It hires a broker, tours a few buildings, negotiates price...

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Report: Construction costs to rise as much as 5 percent
News 5 months ago
Report: Construction costs to rise as much as 5 percent

Already high construction costs are expected to climb even more as labor shortages and uncertainty around tariff implications continue to add to...

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Caydon's luxe Midtown tower not for luddites
News 5 months ago
Caydon's luxe Midtown tower not for luddites

"Alexa, start movie night," says Emma Alexander in a model unit at Drewery Place, a new residential tower in Midtown. The lights in the apartment...

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Falling mortgage rates mean $4 trillion worth of debt could benefit from refinancing
News 5 months ago
Falling mortgage rates mean $4 trillion worth of debt could benefit from refinancing

This week, as mortgage rates have continue to decline in the face of economic uncertainty, the average rate for a 30-year fixed-rate mortgage has...

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Fewer apartments to come online in Houston this year
News 5 months ago
Fewer apartments to come online in Houston this year

Fewer new Houston-area apartment units are set to be delivered this year than in 2018, according to a study by RentCafe. The rental listing website...

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Lenders see mortgage profits skyrocket to highest levels in three years
News 5 months ago
Lenders see mortgage profits skyrocket to highest levels in three years

As low mortgage rates have driven a surge in refinances, lenders have seen their profits on mortgage underwriting skyrocket, according to the...

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Residential tower proposed for Museum District stalls
News 5 months ago
Residential tower proposed for Museum District stalls

The New York developer proposing a 35-story residential tower in the Museum District was denied a building variance from the city of Houston amid...

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Heritage Texas Properties merging with Better Homes and Gardens
News 5 months ago
Heritage Texas Properties merging with Better Homes and Gardens

Better Homes and Gardens Real Estate Gary Greene and Heritage Texas Properties are combining to take a nearly 6 percent share of the Houston-area...

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HCAD property value protests at highest level in years
News 5 months ago
HCAD property value protests at highest level in years

Property owners in Harris County have filed at least 412,004 protests this year arguing the taxable values of their homes and commercial properties...

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