Industry News
UTHealth Houston Opens $298MM, 350,000 SQFT School of Public Health Tower Across From TMC Helix Park
UTHealth Houston cut the ribbon on its 10-story, 350,000-square-foot School of Public Health building at 1930 Old Spanish Trail, a $298 million project...
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...
San Antonio Council Votes 9-2 to Require Case-by-Case Approval for Every New Data Center, Rejecting By-Right Option
San Antonio City Council approved an ordinance requiring a Specific Use Authorization for every new data center in eligible commercial and industrial zones,...
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...
Indeed Puts All 308,000 SQFT of Its Downtown Austin Indeed Tower Space on the Sublease Market, Consolidating at The Domain
Job-search company Indeed is now marketing its entire 308,469-square-foot, 10-floor lease at Kilroy Realty's 36-story Indeed Tower at 200 W. 6th St. for...
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...
Prosper Council Unanimously Rezones 143 Acres for Blackard Cos.’ $2B Venetian-Style The Marco at Tollway and U.S. 380
The Prosper Town Council has unanimously approved zoning for The Marco, Blackard Cos. and Cawley Partners' planned $2 billion, 143-acre Venetian-inspired village with...
Southstar Communities Seeks $63.75MM in TIRZ Funds for $575MM, 1,543-Unit Lone Star Brewery Redevelopment in San Antonio
New Braunfels-based Southstar Communities has asked San Antonio for $63.75 million from two tax increment zones to jump-start its roughly $575 million plan...
San Antonio Pegs Convention Center Expansion at $850MM as New Exhibit Space Shrinks to 136,000 SQFT
San Antonio's Henry B. González Convention Center expansion now carries an $850 million price tag for 136,000 square feet of new exhibit space,...
Race Rock Breaks Ground on $100MM Brookshire Expansion, Growing Campus to 750,000 SQFT for Transmission and Substation Steel
Houston-based Race Rock has started work on a $100 million manufacturing expansion beside its existing fabrication shop in Brookshire, a bet that Texas...
Compal Electronics Seeks Williamson County Abatement for $200MM+ Taylor Plant and Georgetown Service Center Promising 1,000 Jobs
Taiwanese electronics maker Compal is asking Williamson County for a 10-year, 30 percent tax break on its planned manufacturing plant beside Samsung's Taylor...
