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Alliance Acquires 308-Unit High-End Community; HFF Arranges Sale of 3-Property M-F Portfolio Near Texas Medical Center

Alliance Acquires 308-Unit High-End Community; HFF Arranges Sale of 3-Property M-F Portfolio Near Texas Medical Center

Phoenix - based Alliance Residential Company has acquired City Park (formerly The Retreat at City Park), a 308-unit, Class A multi-family community in Houston, from Fulton Property Group of San Antonio.…

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Morgan Launches New Pearl Luxury Community; Balfour Beatty General Contractor for 6 Houston Center

Morgan Launches New Pearl Luxury Community; Balfour Beatty General Contractor for 6 Houston Center

Houston - based The Morgan Group has commenced development of a new luxury apartment community under its Pearl brand. Morgan launched the Pearl brand in 2013 with the opening of…

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Fountain Builds Second Off-Campus Community at University of Houston

Fountain Builds Second Off-Campus Community at University of Houston

Construction is underway on Campus Vue, an off-campus five-story housing complex at the University of Houston.…

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TODAY’S DEALS: Newly Built San Antonio Property Trades Hands

TODAY’S DEALS: Newly Built San Antonio Property Trades Hands

The NPR Group sells a 300-unit asset in Houston to Pensam Capital; Carroll Organization and The Carlyle Group complete a Houston apartment disposition; and GFI fetches $175k per unit for a 53-unit apartment building in the Bronx, N.Y.…

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White Oak Buys 300-Unit M-F Community; Memorial City Mall Adds Seven New Retailers

White Oak Buys 300-Unit M-F Community; Memorial City Mall Adds Seven New Retailers

Columbus, Ohio - based White Oak Partners, LLC has acquired Colorado Club Apartments, a 300-unit multifamily community in East Houston. HFF marketed the property on behalf of the seller, Capital Equity Group of Cleveland, Ohio.…

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Hayman Acquires 518-unit Apartment Community; Richland Acquires Business Park

Hayman Acquires 518-unit Apartment Community; Richland Acquires Business Park

Troy, Michigan-based Hayman Company has completed the acquisition of The Lodge at Shadowlake, a 518-unit garden apartment community in West Houston.…

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Marquette Cos. to Break Ground on 364-Unit M-F Project in Downtown Houston

Marquette Cos. to Break Ground on 364-Unit M-F Project in Downtown Houston

Naperville, Ill.-based The Marquette Companies plans to break ground on Block 52, a 364-unit apartment building in downtown Houston.…

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Presidium Group, Nessel Development JV Purchases Off-Market Multifamily Community in North Houston

Presidium Group, Nessel Development JV Purchases Off-Market Multifamily Community in North Houston

As one of the top ten fastest growing cities in the U.S., Houston continues to attract major investors who strive to capitalize on the high demand for multifamily product. Dallas-based Presidium Group, LLC has acquired Live Oak Bend Apartments, a 252-unit multifamily community…

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Wood Partners’ Alta Heights Shows Strong Leasing; JV Buys Westchase Office Building

Wood Partners’ Alta Heights Shows Strong Leasing; JV Buys Westchase Office Building

Wood Partners, L.L.C., one of the nation's most active multifamily developers, announced that its Alta Heights apartment community in Houston is almost 70 percent occupied. Since the community opened its doors four months ago, it has leased 173 of the 256 available units.…

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Crescent Communities Launches Phase One of Amenity-Rich Master-Planned Community

Crescent Communities Launches Phase One of Amenity-Rich Master-Planned Community

Greater Houston is home to several of the nation’s best-selling master-planned communities. Boasting a job-centric economy and growing demographics, the area is expected to experience further growth while fostering increased strength in the housing market.…

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Development Underway for 128-Key Hotel at Springwoods Village

Development Underway for 128-Key Hotel at Springwoods Village

Woodbine Development Corporation and InterMountain Management (IMM) have commenced development of Residence Inn by Marriott, a 128-key extended-stay hotel in North Houston.…

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Luxury Condo High-Rise Breaks Ground in Houston’s Uptown

Luxury Condo High-Rise Breaks Ground in Houston’s Uptown

Inter-Pier LLC, a joint venture between The Interfin Companies and Pierpoint Capital together with The McNair Group and Hudson Brothers Real Estate Limited Partnership, officially broke ground on Belfiore, a 26-story high-rise condominium that will redefine Uptown’s vibe and skyline.…

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