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Twin Cities Bank Cinches Refi Loan

Twin Cities Bank Cinches Refi Loan

Dougherty Mortgage LLC, the full service national mortgage banking firm based in Minneapolis and an affiliate of Dougherty & Company, announced another successful closing of a refinance loan for a Leander property.…

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Facelift in Store for Central Corridor Hotel

Facelift in Store for Central Corridor Hotel

Embassy Suites Austin – Central, the all-suite hotel in Austin’s Central Corridor, has been acquired by a company known to invest in upgrading the hotels it adds to its portfolio.…

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Next Up for Vintage Mall’s Makeover: Apartments

Next Up for Vintage Mall’s Makeover: Apartments

Earlier this year, Austin’s first suburban shopping mall closed its doors after 46 years of existence. The retail center is going through a redevelopment process under the new ownership of Austin Community College.…

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REIT Expands Footprint with Parkside Buy

REIT Expands Footprint with Parkside Buy

Just two months after Houston-based Whitestone REIT entered Austin’s prosperous market by purchasing the 128,934-square-foot Davenport Village, the company announced expanding its Central Texas portfolio with two more service-oriented centers.…

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NYC Investor Takes 2 Office Buildings

NYC Investor Takes 2 Office Buildings

New York-based real estate investment company Valor Capital Partners joins the investors attracted by Austin’s desirable commercial office market. Recently, the firm announced the acquisition of two Class B office buildings, previously owned by a Dallas investor.…

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Texas Grabs 13 Places on Fortune’s 100 Best Workplaces for Millennials List

Texas Grabs 13 Places on Fortune’s 100 Best Workplaces for Millennials List

Fortune magazine and Great Place to Work recently published their first-ever ranking of the 100 best workplaces for millennials.…

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Coming Soon to Austin: “Surf’s Up!”

Coming Soon to Austin: “Surf’s Up!”

The ocean is being brought to Austin by engineer and surfer Doug Coors in the only inland surfing destination in North America. After 15 years of research for the wave technology that mimics a perfect break, NLand Surf Park is under construction with completion slated for 2016.…

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Austin Capital Advisors Eyes Growth in N. Austin Asset

Austin Capital Advisors Eyes Growth in N. Austin Asset

The real estate private equity company Austin Capital Advisors (ACA) acquired a new multifamily community in the North-Central submarket, one of the city’s strongest regions, with increased transaction activity and strong economic fundamental.…

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Investor Likes the Terrain Near Williamson Creek

Investor Likes the Terrain Near Williamson Creek

More is action taking place in the South Austin submarket. Recently, HFF announced closing the sale of Terrain, a 101-unit apartment community in the region.…

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After 12 Years Away, JPI Returns to Austin

After 12 Years Away, JPI Returns to Austin

Austin has seen consistent economic growth for the past several years, turning its multifamily industry into one of the most aggressive markets in the nation. National developer, builder, and investment manager of Class A multifamily assets JPI took note and announced the opening of its new office in Austin.…

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Austin’s Condo Craze Continues with New Mixed-Use Development

Austin’s Condo Craze Continues with New Mixed-Use Development

The master redevelopment of the Green Water Treatment Plant near the corner of Cesar Chavez and San Antonio streets includes a 32-story LEED Gold registered high-rise placed on the shores of Lady Bird Lake.…

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Canadian Investment Trust Lands Mortgages on FedEx Warehouses

Canadian Investment Trust Lands Mortgages on FedEx Warehouses

Canadian investment trust Pure Industrial Real Estate Trust (PIRET) has expanded its industrial portfolio by obtaining financing for eight of 11 properties in a FedEx distribution center.…

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