Finance
Craig International Sells 100% Leased, 37,000 SQFT District 121 Restaurant Hub in McKinney
Craig International has sold the fully leased, two-building restaurant and retail core of its $250 million District 121 project in McKinney, marking the...
Undisclosed Buyer Lands $23.4MM Credit Union Loan for 3,000 SQFT Travel Center in Mercedes
An undisclosed buyer has closed on a fuel-and-food stop off East I-2 in Mercedes with $23.4 million in 10-year acquisition debt from a...
Hines Sells 86,000 SQFT Empower Pharmacy Building B at Grand National Business Park in Northwest Houston
Hines has sold Building B at its Grand National Business Park, an 85,797-square-foot warehouse fully leased to fast-growing drug compounder Empower Pharmacy for...
Pineridge Real Estate Buys Two Northwest Houston Business Parks Totaling 151,000 SQFT, Lines Up Renovations
Pineridge Real Estate has taken control of Brookhollow West Service Center and Northwest Technical Center, two 1970s-era multi-tenant parks in Northwest Houston totaling...
Houston Industrial Fundamentals Surge as 5% Treasury Yields Weigh on Investors
Houston's industrial occupier market is posting its strongest numbers in years, with 7.2 million square feet of third-quarter absorption and 6.3 percent vacancy,...
Nvidia Supplier King Yuan Electronics Buys 27-Acre Fort Worth Site for $79.35MM for Planned $1.3B Chip Testing Plant
Taiwan's King Yuan Electronics has approved, and according to its consultant closed, a $79.35 million purchase of a 27-acre property at 273 W....
Benefit Street Partners Provides $117.3MM Refinancing for 960 Units Across Three Greystar-Managed Texas Communities
Walker & Dunlop arranged $117.3 million in floating-rate, interest-only loans from Benefit Street Partners to refinance three Class A apartment communities totaling 960...
Appraisal Cuts S2 Capital’s 720-Unit The Kace in Grand Prairie to $82.9MM, Down 47% From 2022
A fresh appraisal pegs S2 Capital's 720-unit The Kace apartment community in Grand Prairie at $82.9 million, roughly $72.5 million below its 2022...
D.R. Horton Takes $91.4MM Multifamily Writedown as Rate Spike Hits Apartment Exit Values
Arlington-based D.R. Horton swung its rental segment to a fiscal fourth-quarter loss after writing down nine completed apartment projects, a sign that the...
Simi Capital, Decker Capital Make Texas Debut With 361,000 SQFT Small-Bay Industrial Buy in Northwest Houston
A joint venture of Miami-based Simi Capital and small-bay specialist Decker Capital has made its first Texas play, closing on three multi-tenant industrial...
Trepp Flags $3B in Texas Floating-Rate Apartment Loans Short on Cash Flow
A new Trepp analysis shows that one in four dollars of performing floating-rate Agency multifamily debt in Texas sits on properties whose net...
Adkisson Group Lands Amegy Bank Construction Loan for Nine-Building, 509,000 SQFT Commerce Center Industrial Park in North Houston
Adkisson Group has lined up construction financing from Amegy Bank, arranged by IPA Capital Markets, to build Commerce Center Industrial Park, a nine-building...
