- New Orleans developer NORF Cos buys downtown Opportunity Zone property for mixed-use remodel [HBJ] $
- Immigration law firm grows Houston footprint with new office [HBJ] $
- Trez Capital expands into self-storage assets to complement its residential portfolio [BisNow]
- Senior housing facilities battle higher costs, slowdown in new occupants amid pandemic [BisNow]
- The shift to remote work could encourage more suburban satellite offices [BisNow]
- Montrose’s Myer-Hall House, built for a Houston icon, listed at $3.5M [Chron] $
Author: The Good Life
Office Space Post-Pandemic
- Covid-19 prompts rethinking of need for office space, NAI Partners’ report says [HBJ] $
- Harris poll: More employees prefer ability to work from home [HBJ] $
- Houston real estate market posts another big decline [Chron] $
- Stages Repertory Theatre CEO Mark Folkes considers how the show will go on post-pandemic [HBJ] $
- Distressed real estate market beckons opportunistic buyers [HBJ] $
Construction Projects Slated for 2020 Delivery
- 6 Houston Projects To Watch In 2020 [BisNow]
- Tilman Fertitta warns of real estate bust [Chron] $
- Analysis: Rising property values — and taxes — during an economic slump [TexasTribune]
- Sold: RPI Interests’ Inwood Forest Shopping Center in Northwest Houston [RealtyNewsReport]
- RNR real estate briefs [RealtyNewsReport]
- Mortgage loans in forbearance rise to 8.36% [BuilderOnline]
- My new normal: 9 questions with Rockspring President Michael Ross [BisNow]
- Houston natural gas magnate Charif Souki puts Aspen Valley ranch on the market for $220M [RealtyNewsReport]
Mini Mural Monday
Savvy Investors Look for Quality Assets in Distressed Times
- Moody National eyeing opportunities to buy quality assets from distressed sellers [BisNow]
- Commercial mortgage securities may be next flashpoint [Chron] $
- This week’s deal sheet [BisNow]
- Harris County unanimously votes to increase homestead exemptions for seniors, the disabled [CI]
- He says Friendswood built a park on his private property. The city says it had every right to. [Chron] $
- GHBA Remodelers Council: Maybe it’s time for new dedicated home office [Chron] $
Positive Developments and Grandes Ricos Behind Fulshear Project
- Houston office vacancy is up 110 basis points YTD [ReCon]
- Value-add deals on hold as investors weigh rental income risk [BisNow]
- Harris County updates Covid-19 guidance for construction, manufacturing [HBJ] $
- RNR realty news briefs [RealtyNewsReport]
- Fulshear city council oks zoning change for upcoming 125-acre mixed-use development [CI]
- NAHB survey: 22% of builders lowered prices in April 2020 [BuilderOnline]
Amira Developers not Horsing Around
- Master-planned community on former horse ranch expands by 30% [HBJ] $
- Vacancy rates rising in Houston’s Energy Corridor amid low oil prices [BisNow]
- Historic Heights home asks $2M [Chron] $
- NAI picks up 16-building Stafford industrial park [RealtyNewsReport]
- NAI Partners weigh in on Houston’s commercial real estate [Chron] $
- Upside Avenue addition to portfolio includes Houston multifamily community [MultifamilyBiz]
- MBA: purchase applications rise for the 5th week [BuilderOnline]
- Houston area new home sales ease in April [Chron] $
- Houston’s population growth will slow in the short-term, curbing multifamily demand [BisNow]
- Two Houston developers criticize proposed EaDo affordable-housing development [HBJ] $
Country Roads Taking Some Home
- About one-quarter of Energy Corridor office space is available, and that will grow [BisNow]
- Listen: Innovating the office in a pandemic [LoopedIn]
- Katy Boardwalk District developer agreement amended due to project delays from COVID-19 [CI]
- Country Homes: Coronavirus prompts huge spike in rural property clicks [RealtyNewsReport]
- CoStar Group announces public offering of common stock [CoStarGroup]
- WeWork wants a rent break. Its customers do, too. [HBJ] $
McCord Development Adds 201 acres to Generation Park
- Houston developer buys land from Exelon to expand 4,000-acre development [HBJ] $
- Clay Partners sells 140K-sf industrial building in La Porte [ReCon]
- DHL shipping to Houston [ReCon]
- Beyond the Bio:16 questions with Avison Young principal Todd Mason [BisNow]
- Q1 2020|The Woodlands office submarket snapshot [ColliersInternational]
- Realtor.com sees signs of a comeback [BuilderOnline]
- Multifamily construction starts feel COVID-19 effect with sharp drop in April according to latest Dodge Data Report [MultifamilyBiz]
- The death of open floor plans: Social distancing could snuff out office design trend [RealtyNewsReport]
- NAIOP’s CRE Sentiment Index drops to all-time low [HBJ] $