Houston
Capstone Expands Texas Property Management Portfolio
The firm added five communities across the state, bringing its portfolio to roughly 35,000 units. Property locations include Brownsville, Clear Lake, Pearland, Pharr and San Marcos.
Houston Heights Tower Completes $12M Renovation
The age-restricted property has rents ranging from $435 to $566 per month, including utilities.
HHA Breaks Ground on Mixed-Income Community
The 154-unit development will feature accessible or adaptable units for disabled residents.
Hunt Finances 3 Properties Deep in Heart of Texas
The company provided $62.6 million in loans for communities in Farmers Branch, San Antonio and Houston.
Yardi Matrix: Houston’s Shaky Economy
Houston’s multifamily market is still reeling from the oil price collapse in 2015, which resulted in thousands of job cuts and slowing investment activity.
Matrix Monthly: February Rent Growth Scores Love-Love
While rent growth remained stagnant during February, Yardi Matrix’s latest monthly report assures that strong fundamentals and the promise of a growing economy bode well for the industry.
HFF Facilitates $65M Financing for CityCentre
CityCentre consists of retail, office, hotel and residential space.
Portico Property Management, Crossbeam Capital Announce JV
The two companies will manage more than 6,200 units under the Portico brand.
Capstone Adds 5 Texas Communities to Management Portfolio
The properties encompass 823 units and are in Houston, Ingleside and El Paso, Texas.
Preiss Adds to Its Student Housing Portfolio
The operator acquired two communities totaling more than 1,100 beds.