- Variance approved for Triten Real Estate Partners’ proposed EaDo-area mixed-use development [HBJ] $
- Transwestern to lease up Riverway buildings [RealtyNewsNow]
- NRP Group changes development pipeline for 2020 [BisNow]
- NAI Partners launches investment sales division with hire from Marcus & Millichap [HBJ] $
- The future of underwriting the economy [BuilderOnline]
- Montecito Medical Real Estate buys Katy MOB [ReCon]
- MAP: Here’s where new development is taking place in Tomball [CI]
- Take a look inside some of these Houston-area dream backyards [Chron] $
- The top 5 Houston neighborhoods I wish I lived in, ranked [Chron] $
Category: Daily Digest
Houston Permit Problems
- Skanska buys retail plaza in Montrose for future development [HBJ] $
- Permitting delays in Houston are costing millions [BisNow]
- COVID-19 applies pressure to otherwise healthy Houston healthcare real estate market [ColliersInternational]
- BSR acquires 370-unit Broadstone Park West Apartment Community in growing Houston metropolitan Market [MultifamilyBiz]
- Leghorn Service Center trades hands [ReCon]
Compass Hiring Blitz Continues
- Houston developer Satya Inc. acquires beachfront property in Galveston [HBJ] $
- Patrick Burbridge of CitiQuest Properties Houston moves 30-member real estate team to Compass [HBJ] $
- Howard Hughes Corp. posts Q2 loss but sees uptick in home sales [Chron] $
- Urban multifamily dips in Q2 as renters look to lower-cost areas [BisNow]
- Origin Stories: Transwestern Director of Business Development Jodie Jiles switched careers on advice from his son [BisNow]
- Amazon 4-star store opening at The Woodlands Mall anticipated for September [CI]
- Builder confidence in the single-family 55+ market rebounds in Q2 [BuilderOnline]
- Houston considers plan that could mean more ‘walkable’ neighborhoods, less reliance on cars [Chron] $
Downtown’s a Ghost Town
- REPORT: Port of Houston activity to increase as global economy ramps up [BisNow]
- Without workers, conventions, sports or events, downtown Houston is a ghost town [BisNow]
- Houston apartment rents fell for the 4th straight month [BisNow]
- McNair buys prime Westchase tract [RealtyNewsReport]
- Walk/bike study lays out path for Montrose to become ‘20-minute neighborhood’ [CI]
- Zillow announces strategic partnership with builder D.R. Horton [BuilderOnline]
- Redfin reports 8 percent revenue growth, says housing market is booming [LoopedIn]
- Latest composite price indices drop driven by economic downturn, investor uncertainty in 2nd quarter [CoStar]
- Urban migration: Phoenix is #1 destination; Austin, Dallas among top 10 locations in coronavirus shuffle [RealtyNewsReport]
Texas A&M’s Innovation Plaza Information
- First phase of Lower Heights mixed-use development nears completion [HBJ] $
- New Heights project pops with a SheSpace Co-working spot and a graffiti artist mural [RealtyNewsReport]
- JDR Cable Systems building new US headquarters in Tomball near Houston [HBJ] $
- JLL hired to lease Texas A&M’s new tower in Texas Medical Center [HBJ] $
- Houston groundbreaking: 30-Story Horizon Tower will kick-off in 2020 [RealtyNewsReport]
- ‘These are my people’: Investor Chris Senegal buys Fifth Ward block to seek preservation, not gentrification Chron] $
- Census data shows second-quarter increase in home ownership [Chron] $
Changes at Midway
- Exclusive: Two top Midway vice presidents leave the company [HBJ] $
- Midway creates in-house retail leasing unit [RealtyNewsReport]
- Healthcare systems likely to reduce lease space amid shrinking margins [BisNow]
- JP Morgan Chase Tower for sale – downtown Houston deal to define today’s pricing [RealtyNewsReport]
- Houston condo buildings showing their modern side [Chron] $
- Development update: New office building at Technology Forest, Lakeside boulevards to open mid-August [CI]
- Hines starts timber building in Toronto [RealtyNewsReport]
- Treasures of the sea swim into home décor [Chron] $
Texas Home Sales, Prices Up: Inventory, Rates Down
- Houston’s retail real estate sector better positioned for Covid-19 downturn than Great Recession, report says [HBJ] $
- Texas housing market headed for strong third quarter [RealtyNewsReport]
- The 2020 state of housing in Harris County and Houston [Kinder]
- This week’s deal sheet [BisNow]
- RNR real estate briefs [RealtyNewsReport]
- Wealthy buyers snap up ‘safe haven’ private islands to flee pandemic [HBJ] $
- Houses with workspace in demand as staying at home becomes norm [CI]
- 4 Katy-area COVID-19 residential real estate trends to keep up with in 2020 [CI]
- A federal rule protecting thousands of renters from eviction expired Friday. Here’s what you need to know. [TexasTribune]
- Centers of gravity: A global pandemic pushes the local mall toward its day of reckoning [HBJ] $
- Houston home builders see rebound in the COVID pandemic [Chron] $
- Sugar Land coffee shop to open in historic Star Engraving Co building near downtown [Chron] $
Developers Plan for Access to Nature
- An extended eviction moratorium could deter investment in affordable housing [BisNow]
- Gardner Capital Development completes $25M mixed income Sugar Land housing project [ReCon]
- No golf course; no gross playground – Bold Fox Development starts first community [RealtyNewsReport]
- Houston’s retail sector negatively impacted by COVID-19 in Q2 and through the near-term [ColliersInternational]
- Pearland, Manvel see real estate growth as COVID-19 confines residents to homes [CI]
- New multifamily projects in Cy-Fair could face leasing challenges amid pandemic [CI]
- Developing with intention in an underserved community [HBJ] $
- Houston-area community Bridgeland ranks among top-selling neighborhoods in U.S. [CultureMap]
- Second-home market gains momentum [Chron] $
- Gone but not forgotten: River Oaks home a tribute to lost mid-century gem [Chron] $
Chris Senegal’s 5th Ward Townhomes Target Young Professionals
- Houston’s housing market stumbled after Covid-19. But it’s better off than many major cities, Douglas Elliman report says [HBJ] $
- Houston developer Triten Real Estate Partners plans high-end project in East End [Chron] $
- In gentrifying 5th Ward, developer makes a pitch to former residents [HoustonPublicMedia]
- Americans hunker down, threatening the self-storage industry [HBJ] $
- Houston Port to benefit as companies shift away from over reliance on China [RealtyNewsReport]
- Q2 2020 Houston market reports [Lee&Associates]
- Houston may allow restaurant owners to convert parking lots to outdoor dining areas [CI]
- Pines at Woodcreek Apartments acquired by Avid – Electra JV [RealtyNewsReport]
- Vertical farming company Kalera to open Humble facility in 2021 [CI]
- Installation of Calatrava Sculpture underway at River Point Park [Hines]
- Spring mansion hits the market at $3.5M [Chron] $
Trammell Crow Company Subsidiary Building Luxury Living
- High Street Residential developing 309 units at 808 Crawford St [TheGoodLife]
- Houston hospital systems pause expansion activity as retailization continues [BisNow]
- ‘This isn’t just about filling a quota’: How CRE execs are thinking about diversity and inclusion [BisNow]
- Subdued home sales in Conroe, Montgomery area mirror state trends [CI]
- Friendswood real estate flourishes despite Harvey’s toll on homes [CI]
- Chris Herbert weighs in on COVID-19’s impact on affordable housing [BuilderOnline]