‘The new norm’: Austin coping with influx of multifamily properties
Austin's multifamily market is dealing with an oversupply of available units — a "too much of a good thing" scenario.
Texas
VERSAL closes self-storage sale in Montgomery
VERSAL closed the sale of Spartan Storage in Montgomery, Texas. Montgomery is 43 miles northwest of downtown Houston. The property has 64 units. The facility's…
Apricus Realty Capital acquires 8-acre industrial parcel in Houston
Dallas-based Apricus Realty Capital expanded its industrial outdoor storage portfolio with the acquisition of 9987 Wallisville Road in Houston. The 8-acre parcel provides fully secured truck…
TransUnion report: As multifamily sector grows, fraud follows
Demand for multifamily properties has soared during the last decade. It's little surprise, then, that fraudsters, too, were attracted to the apartment market.
KAI hires cultural market leader in Dallas-Fort Worth office
KAI hired architect Brien Graham as Civic, Municipal & Cultural Market Leader at its Dallas-Fort Worth, Texas, office. In his new role, Graham will lead…
Cushman & Wakefield closes sale of 257-unit multifamily community in Weatherford
Cushman & Wakefield arranged the sale of Remington Ridge, a 257-unit multifamily community consisting of two phases in Weatherford, Texas. The 133-unit Phase I was…
Finial Group closes new lease agreement with Sherwin-Williams in Houston
Finial Group closed a new, long-term lease agreement with Sherwin-Williams. This deal secures a location for Sherwin-Williams at the newly developed property at 13045 Gulf…
Another hit to owners: The costs of owning apartment buildings keep rising
Owning an apartment building? It's getting more expensive, a challenge that multifamily owners should expect to face throughout the rest of 2024.
Greystone adds managing director in Dallas office
Greystone announced that Colin Grayson has joined the firm as a Managing Director for its lending business platforms. Drawing on his nearly 15 years of…
Cushman & Wakefield brings Singapore-based restaurant group to Houston, Carrollton
Cushman & Wakefield represented Shoo Loong Kan, a Singapore-based restaurant group specializing in Chongqing/Sichuan hot pot cuisine, in its lease at West on West shopping…