City: Houston

October 25, 2001 HOUSTON – Simmons Vedder has received $59 million in equity and debt financing to build a 33-story apartment high-rise near downtown Houston.Corus Bank provided a construction loan, while Peabody Global Real Estate Partners provided the equity.Construction on ...

October 22, 2001 Special to Commercial Real Estate DirectMetropolitan Properties of America, which has been an active acquirer of Texas multifamily properties, has launched a fund aimed at investing some $500 million into apartment communities across the country. The Boston ...

Houston, which continues to add jobs, has seen apartment rents increase. A result is that sales prices are up too. Cap rates on recent deals have fallen to below 8 percent.

September 7, 2001 HOUSTON – Wells Real Estate Investment Trust has purchased a 157,792-square-foot office property in Houston for about $20.8 million, or $132/sf. The property, in the city's Greenspoint District, will provide the private REIT with a capitalization rate, ...

August 28, 2001HOUSTON – Cushman & Wakefield has appointed two Cushman Realty Corp. executives to oversee its Houston office.C&W, which acquired Cushman Realty this summer, appointed Tim D. Relyea vice chairman and a member of the board of directors. Wegmann ...

The lender is putting a $62 million mortgage on Houston's Meyerland Plaza retail center on the sales block. The performing loan is being marketed by Secured Capital of Los Angeles.

August 10, 2001 HOUSTON – AMLI Residential Properties Trust (NYSE:AML) purchased the former Augusta Apartment Homes from a San Antonio, Texas, development company led by Walter Embrey.Terms of the deal were not disclosed. The REIT changed the name of the ...

August 7, 2001 ATLANTA - Gables Residential (NYSE:GPE) has purchased ownership interest in Gables Metropolitan Uptown.The company bought the remaining 75 percent interest in the 318-unit apartment complex for an undisclosed amount.The complex, located at 3300 Sage near the Galleria, ...