Search News from NewsTalk Texas and RECON: Multifamily Stories
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The Oaks at Rose Hill filling up fast in Texarkana, Texas
(Multifamily,
Texarkana,
11/24/2009)
(Texarkana, Texas) - The Texarkana, Texas, Housing Authority’s newest complex, The Oaks at Rose Hill, is filling up almost as fast as it’s being built.
Of the complex’s 124 townhome...
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SQLC secures $165M for retirement community in Fort Worth
(Multifamily,
Dallas-Fort Worth-Arlington,
11/17/2009)
(Fort Worth) - Senior Quality Lifestyles Corp. (SQLC) has secured financing for its latest retirement community. The nonprofit company raised $164.85 million through revenue bonds underwritten by...
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Renovations on track for Waco apartment complex
(Multifamily,
Waco,
11/17/2009)
(Waco) - PPA Group, owners of the Lakewood Villas apartments at 1601 Spring St. have secured a $3.3 million loan that will be spent in part on improvements complex. PPA Group purchased the complex two...
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Historic Lofts at Waco High readying for low-income earners
(Multifamily,
Waco,
11/13/2009)
The old Waco High and adjacent buildings in downtown Waco now make up 104 loft apartments that range in rent from $204 to $600 per month, based on the number of bedrooms and income of the occupants.
...
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Lone ranger for 3Q 2009 Austin permits
(Multifamily,
Austin-Round Rock,
11/13/2009)
(City of Austin) - The third quarter 2009 witnessed the moving parts of Austin's multifamily market come to an almost complete stop.
Only two new projects were submitted for site plan review, five...
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Houston: 438-Unit Serrano sold for $24.6M
(Multifamily,
Houston-Sugar Land-Baytown,
11/12/2009)
(Houston, Austin) - Los Angeles-based Post Investment Group has acquired two assets from foreclosure.
Post acquired the 438-unit Serrano Apartments, 14723 W Oaks Plaza St., Houston, from...
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Austin ALN apartment news Oct. 2009
(Multifamily,
Austin-Round Rock,
11/12/2009)
(Austin) - ALN Apartment Data has released the November edition of its Apartment Monthly News. This report features October occupancy and effective rent data.
Austin Metro Summary*
October...
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Greenhaven First LEED Silver
(Multifamily,
Dallas-Fort Worth-Arlington,
11/24/2009)
McKINNEY ( globest.com ) – The 216-unit Greenhaven is the first multifamily garden apartment complex to receive LEED Silver certification from the U.S. Green Building Council.
Greenhaven...
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View from High-Rises Bleak
(Multifamily,
Houston-Sugar Land-Baytown,
11/17/2009)
HOUSTON ( Houston Chronicle ) – Sales and prices in the energy capital’s high-rise condo market have fallen every quarter for the past two years, and things have yet to perk up again...
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Post Up in Houston, Austin
(Multifamily,
Texas,
11/10/2009)
HOUSTON ( globest.com ) – Los Angeles–based Post Investment Group has purchased the local Serrano Apartments and Austin’s Longhorn Station Apartments, and will spend a combined $40 million...
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Price Takes Broadstone
(Multifamily,
San Antonio,
11/10/2009)
SAN ANTONIO ( globest.com ) – Price Development Group of Kansas City has purchased the 282-unit Broadstone Colonnade from Morgan Group Inc.
The Class-A complex sits on nine acres at 4330...
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DFW's Apartment Sector Faces Challenges
(Multifamily,
Dallas-Fort Worth-Arlington,
11/10/2009)
DALLAS (Marcus & Millichap) – The Metroplex's Class B and C apartment segments will face challenges into 2010 because of significant layoffs in traditional blue-collar industries...
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Rising Economy Does Not Equal Rising Occupancy
(Multifamily,
Austin-Round Rock,
11/10/2009)
AUSTIN (Marcus & Millichap) – Although the economic downturn in Austin is expected to subside in the fourth quarter, Class-A apartment owners will face challenges into the first half of...
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Good Market Conditions for BCS Renters
(Multifamily,
College Station-Bryan,
11/3/2009)
COLLEGE STATION ( The Eagle ) – Bryan–College Station apartment occupancy decreased between the first and third quarters, while rents have slightly increased, giving potential renters an advantage...
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