Industry News
Cover2 Capital Targets $100MM-Plus Luxury High-Rise Featuring 100 Units at Knox-Henderson’s Highland Park Border
Carrollton-based Cover2 Capital has unveiled plans for The Savannah, a 20-story, 100-unit luxury rental tower at the intersection of McKinney Avenue and North...
Crestline Management, PACE Loan Group Close $59MM for 255,000 SQFT Luxury Garage Condo Development in Plano
Holigan Investments has locked down $58.7 million in construction financing for Maranello Luxury Garages, a first-of-its-kind 80-unit luxury garage condominium development in Plano...
IBC-Backed Whitecap Resort Hits the Market as 240-Acre North Padre Island Master Plan Draws Early Buyer Interest
Diamond Beach Holdings, a subsidiary of $16.8 billion International Bancshares Corporation, has retained Avison Young to market Whitecap Resort for sale, positioning the...
Hines Targets Southeast Houston with Speculative 271,000 SQFT Industrial Development Near Hobby Airport
The Houston-based global real estate giant is pushing ahead with a two-building warehouse project at 6960 Neuhaus Street, betting on the southeast submarket's...
Sterling Organization, Cohen & Steers Acquire 442,000 SQFT 1890 Ranch Power Center in Cedar Park from Endeavor Real Estate Group
A joint venture between Sterling Organization and Cohen & Steers Income Opportunities REIT secured the 442,000-square-foot retail portion of the 850,000-square-foot 1890 Ranch...
High Street Logistics Properties Acquires Fully Occupied, Rail-Served 1,011,000 SQFT Northwest Spur Industrial Park in Houston
Boston-based High Street Logistics Properties has doubled down on Houston's industrial market, securing a 1-million-square-foot rail-served portfolio in one of the metro's tightest...
Denholtz Secures Bridge Financing Through Argentic for 213,000 SQFT Clovis Crossing Industrial Park in San Marcos
JLL Capital Markets arranged bridge financing through Argentic Investment Management for Clovis Crossing, a two-building light industrial park along the I-35 corridor in...
Safely Store Lands $160MM J.P. Morgan Credit Line for 872,000 SQFT National Storage Portfolio
Self-storage platform Safely Store Self Storage closed a $160 million credit facility with J.P. Morgan, arming the La Caisse-backed venture with fresh firepower...
McNellis: In Denial Over the New Normal
By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...
JPI Clinches 16-Acre McKinney Site for $113MM, 393-Unit Jefferson Terry Mixed-Income Community
JPI has closed on land for its third McKinney affordable-housing play, a $113 million bet that pairs Class A construction with public bond...
Tourmaline Capital Doubles Down on Texas Office With 376,000 SQFT Tollway Plaza Buy in Dallas, Backed by $80.3MM Apollo Loan
A New York-based office specialist has added a two-tower Dallas campus to a portfolio that has swelled past $3 billion in three years,...
Q&A: Truebeck’s Mass Timber Parking Study Tackles Durability, Carbon Reduction and Cost Head-On
A study with WRNS Studio, Holmes, Stantec and Walker Consultants argues concrete's default building type has the most room to cut carbon —...
