- Lenders tighten credit requirements on FHA, VA loans as uncertainty takes hold [Chron] $
- Collier’s International broker Taylor Wright: Social distancing is no reason to disconnect from clients [HBJ] $
- Camden’s $5M resident relief fund empties in 16 minutes [BisNow]
- Developers prepare for lengthening project timelines [BisNow]
- Redfin furloughs 41% of real estate agents [Chron] $
- Houston industrial market delivers 17.4M- sf [ReCon]
- Foreclosure forecast: How Texas will fare when forbearance is gone? [RealtyNewsReport]
- WeWork hit by rise in unpaid rent [HBJ] $
Category: Daily Digest
Compass Expanding with Powerhouse Hires
- Exclusive: Fresh off layoffs, Compass continues agent hiring spree [HBJ] $
- The Texas real estate market is headed for a slowdown. The question is for how long. [TexasTribune]
- Camden Relief Fund aims to provide financial aid to tenants faster than the government [BisNow]
- Drone photos show an empty Houston from the sky during coronavirus stay-at-home order [Chron] $
- Inside a $7M historic John Staub home linked to prominent oilman and Texaco founder Joseph Cullinan [Chron] $
- Blue palette adds a little magic to bachelor’s kitchen in Houston’s Energy corridor [Chron] $
Cash In, Cash Out
- Cortland nabs $340 to fund $1.2B acquisition of PURE Multi-Family REIT [BisNow]
- Lincoln Property Company reports leasing activity at 801 Travis Tower [RealtyNewsReport]
- Deal of the week: Louisiana law firm inks lease at San Felipe Place [Chron] $
- Real estate transactions: Investment infuses funds for improvements at south Houston apartment complex [Chron] $
- Forecasting commercial real estate winners and losers in the post-pandemic world [Chron] $
- COVID -19 and its impact on the commercial real estate industry [Lee&Associates]
- This week’s Houston deal sheet [BisNow]
- Houston medical office absorption up 48K-sf last month [ReCon]
- GHBA Remodelers Council: Navigate remodeling during a difficult time [Chron] $
- TxDOT proposes $28M FM 1488 widening project [ReCon]
- 4,533 lives have been saved in Harris County by staying at home [Kinder]
- Analysis: What makes a business essential depends on where you sit [TexasTribune]
- Homeowners taking cash out of houses as economic uncertainty looms [Chron] $
Camden Gives Back
- Houston-based Camden Property Trust launches $5M fund for residents without income due to coronavirus [HBJ] $
- Howard Hughes Corp halts some construction, delays restructuring amid coronavirus pandemic [HBJ] $
- Houston construction could slow as coronavirus takes toll on the economy [Chron] $
- Star Cinema Grill to open 57K-sf Woodlands location in former Randalls’ sit e[ReCon]
- Waterpoint Center’s 40K-sf expansion slated for August [ReCon]
- How CRE leader David Dominy is helping patients reach treatment in Houston [BisNow]
- SoftBank pulls out of $3B WeWork share buyout [HBJ] $
- 5 ways Houston neighborhoods are vastly improving our mood right now [Houstonia]
Construction Speeds With Less Traffic
- Mohr Capital announces retail development in The Woodlands [RealtyNewsReport]
- A loan to your tenant from the CARES Act doesn’t mean it can pay rent [BisNow]
- What will the post-pandemic office environment look like? [Chron] $
- Houston Realtors offer virtual home tours, check out these local homes under $325K [Chron] $
- Harris County Tax Office grants delinquent property tax reprieve [Leader]
- 90% Of Houston small businesses have lost revenue due to coronavirus [HoustonPublicMedia]
- Westheimer repaving to speed up because traffic has thinned under stay-at-home order [Chron] $
- Work wraps up on $4.73M Dairy Ashford widening project [ReCon]
Rent is Due, Fallout Coming
- As hotels plead for ‘second’ stimulus, Houston metro stares down $1.4B in outstanding debt [HBJ] $
- Howard Hughes Corp. grappling with oil and coronavirus fallout [Chron] $
- ‘Vortex of problems’ coming for Houston office tenants, landlords as April rents come due [Chron] $
- Atlanta Deferred Exchange buys Houston Distribution Company asset [ReCon]
- Westchase office tower Two CityWest Place refinanced as COVID-19 hangs over Houston market [RealtyNewsReport]
- Strategic Realty Holdings acquires multifamily on strategic site south of Medical Center [RealtyNewsReport]
- Coronavirus is going to change how we think about design [BisNow]
- How to fill out SBA Coronavirus Disaster Loans documents [Chron] $
- Texas renters’ rights, facts you should know during coronavirus [Chron] $
- My new normal: Pinnacle Structural Engineers president Adam Cryer [BisNow]
- From rent to taxes, here’s a roundup of bills postponed by coronavirus [Chron] $
Rent Still Due in Harris County
- Howard Hughes Corp closes on $490M of loans amid public stock offering [BisNow]
- Thousands of Texans are suddenly unemployed. Rent is due in days. [Chron] $
- Real estate appraisers keep their distance as closings proceed [Chron] $
- Bellaire Kingtown acquires Sharpstown retail center [RealtyNewsReport]
- Transwestern and Diamond Realty plan 327-sf Sugar Land industrial project [ReCon]
- RNR’s Real Estate News Briefs [RealtyNewsReport]
- Houston retail occupancy down in February, more shuttered from COVID-19 [ReCon]
- As #CancelRent Movement gains steam, landlords warn about ‘chaotic’ impact [BisNow]
- Job hunting? Despite COVID-19, some hiring carries on [BisNow]
- Carve out a day with these intriguing new sculptures on Heights Boulevard [CultureMap]
It’s all About the Leases
- RNR’s real estate news briefs [RealtyNewsReport]
- This week’s deal sheet [BisNow]
- Mortgage REITs thake a savage beating from margin calls [BisNow]
- On the Move: Relocation in times of crisis, uncertainty [Chron] $
- Texas counties among those with largest population growths since 2010 [ReCon]
- Before you break that lease over COVID-19, negociate first, brokers say [BisNow]
- GHBA Remodelers Council: Sunlight or not? Why to design with wellness lighting in mind [Chron] $
Business Continues With Eye on April
- Belvoir Real Estate Group buys Memorial Villages-area office building [HBJ] $
- Houston’s retail leasing activity nearly doubles from 2019 [BisNow]
- Anxious April: multifamily braces for a difficult month [BisNow]
- Raamco International purchases ValCap Group’s Towers at Clear Lake [ReCon]
- PDGL Partners plans 39k-sf industrial project in Tomball Business & Technology Park [ReCon]
- Rapid shave: COVID-19 trims $2B off Tilman Fertitta net worth; Houston Rockets owner falls off list of world’s 500 richest people [RealtyNewsReport]
3000 Houses Listed With HAR in Last Seven Days
- Houston-based Kinder Mogan responds to coronavirus case in its downtown tower [HBJ] $
- Could COVID-19 qualify as an act of God in Texas courts? Legal experts weigh in [HBJ] $
- Compass’ coronavirus-driven layoffs hit Houston [HBJ] $
- How recently listed Houston homes are priced amid coronavirus [Chron] $
- HAR’s Bob Hale says Houston Realtors are ‘essential’ and should be exempt from stay-at-home order; Harris County leaders agreed [RealtyNewsReport]
- Evictions halted: Camden’s COVID-19 plan to assist residents in it’s 56k apartment units [RealtyNewsReport]
- In the time of coronavirus, affordable housing could become hard to find [BisNow]
- NH Briarwest plans 120 unit complex at Westheimer, Briarwest [ReCon]
- Arbor Contract Carpet inks 46k-sf lease in NW Houston