David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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Houston Business Journal Sade Real Estate has lined up $128.5 million of financing for its purchase of The Arno, a 168‑unit apartment building in Houston. Hudson Bay Capital of New York provided the loan, which was arranged by Walker & ...
Commercial Real Estate Direct Staff Report The appraised value of the 448-room Hilton Houston Post Oak hotel in the city's Uptown area has been reduced again, this time by more than half to $31 million. The property, constructed in 1982 ...
Interra Capital Group has acquired the 4.5 million-square-foot Greenway Plaza office complex in Houston, subject to the assumption of its $416.2 million mortgage. Greenway Plaza would be its largest property. The 10-building complex, on a 54-acre site, was developed in ...
The sales price was not known, but the 11-story property was appraised earlier this year at a value of $25.7 million. The 5300 Memorial building opened in 1983 and was renovated in 2019. It is 90.1% leased.
Provident Industrial has sold the Red Bluff Distribution Center, a 162,180-square-foot industrial building in Houston. The industrial unit of Provident Realty Advisors of Dallas completed the property's development last summer. The buyer could not be determined immediately. The sales price ...
Citybiz PlaceMKR has purchased the 612,000‑square‑foot Rankin Yards industrial complex in Houston. The Austin, Texas, real estate investment and development firm bought it from one of its tenants, Wellbore Integrity Solutions, which will remain at the property. The sales price ...
Commercial Real Estate Direct Staff Report The $80 million CMBS loan against the 441,523-square-foot 3000 Post Oak Blvd. office building in Houston's Galleria area is headed to foreclosure. The loan is divided among three CMBS deals, with a $35 million ...
Houston Business Journal MetroNational has acquired the Moran CityCentre, a 244‑room luxury hotel in Houston. The local company purchased the property from Midway, also of Houston. The purchase price was not immediately known. Moran CityCentre, at 800 Sorella Court, is ...
Presidium has bought Whitney at The Heights, a 186-unit apartment complex in Houston for an undisclosed price. An affiliate of Kor Group of Los Angeles sold the property, which it had purchased in April 2022. That deal was funded in ...
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