Texas

The Rushmore in Houston
Affordable HousingDevelopmentFinanceNewsTexas

Housing Trust Group Breaks Ground on $33.8 Million Affordable Housing Project in Houston

by Channing Hamilton

HOUSTON — Housing Trust Group (HTG) has begun construction on The Rushmore, a $33.8 million mixed-income housing project located at 800 Highway 6 South in Houston’s Energy Corridor. The unit mix will include 32 one-bedroom, 50 two-bedroom and 19 three-bedroom units. Monthly rates will range from $532 to $1,875. The Rushmore will offer 16 market-rate apartments, as well as 85 units for residents earning at or below 30, 50 and 60 percent of the area median income. Planned amenities include a pool, community clubroom, workroom, fitness center, game room and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

JRK Property Holdings Sells 752-Unit Community in El Paso, Texas

by Channing Hamilton

EL PASO, TEXAS — JRK Property Holdings has sold Retreat at Mesa Hills, a 752-unit asset in El Paso’s Upper West Side neighborhood, to an undisclosed buyer. Retreat at Mesa Hills was developed in phases beginning in 1995. The community offers a mix of one-, two- and three-bedroom floor plans. Units range from 538 to 2,127 square feet. Residents have access to shared amenities such as three pools with a tanning deck and cabanas, a fitness center, two tennis courts, two sand volleyball courts, clubroom, game room, theater and an …

Continue Reading
0 FacebookTwitterLinkedinEmail
Livano Canyon Falls in Northlake, Texas
Investment SalesNewsTexas

HGI Purchases 300-Unit Livano Canyon Falls Apartments in Northlake, Texas

by Channing Hamilton

NORTHLAKE, TEXAS — Harbor Group International (HGI) has acquired Livano Canyon Falls, a 300-unit community located roughly 28 miles north of Fort Worth, Texas, in Northlake. The three-story, garden-style asset offers one-, two- and three-bedroom floor plans. The average unit size is 1,015 square feet. Amenities include a pool, private workspaces and fishing ponds. Drew Kile, Michael Ware, Joey Tumminello, Taylor Hill and Shelby Clark of IPA represented the undisclosed seller in the transaction and procured the buyer. Brian Eisendrath, Cameron Chalfant, Harry Krieger and Tyler Johnson of IPA Capital …

Continue Reading
0 FacebookTwitterLinkedinEmail
Rocklyn at Samuels Ave. in Fort Worth, Texas
Investment SalesNewsTexas

EPH Properties Buys 274-Unit Community in Fort Worth, Texas

by Channing Hamilton

FORT WORTH, TEXAS — EPH Properties has purchased Rocklyn at Samuels Ave., a 274-unit community in Fort Worth, from Carleton Cos. Built in 2018, the property offers studio, one-, two- and three-bedroom units with an average size of 885 square feet. Amenities include a pool, entertainment room, dog park, fitness center and outdoor grilling and dining stations. Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Shelby Clark of Institutional Property Advisors, a division of Marcus & Millichap, represented the Dallas-based seller and procured the buyer in the transaction. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Park at San Marino in Houston
Investment SalesNewsTexas

Institutional Property Advisors Brokers Sale of 384-Unit Houston Asset

by Channing Hamilton

HOUSTON — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of The Park at San Marino, a 384-unit community in Houston. Built in 1984 in 13 acres, the property features amenities such as multiple pools, laundry facilities, a gym and monthly planned social activities. The average unit size is 852 square feet. TPCG Park at San Marino LLC purchased the community from Woodbridge Crossing Property Holdings II LLC for an undisclosed price. Greg Austin, Travis Austin, Will Balthrope of IPA and Kyle Devillier of Marcus …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsInvestment SalesNewsPeople NewsTexas

Franklin Street Launches Multifamily Investment Sales Division in Austin, Texas

by Channing Hamilton

AUSTIN, TEXAS — Franklin Street, a commercial real estate services firm based in Tampa, has launched a multifamily investment sales division for Texas markets. Patrick Strake will lead the new business unit, which will operate as a seven-person team from Franklin Street’s existing office in Austin. The Austin office opened approximately a year ago and now consists of roughly 20 professionals who also offer services for land, office and industrial verticals.

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeople NewsTexas

Dominium Appoints Mark Moorhouse, Kyle Hansen as Co-CEOs

by Channing Hamilton

DALLAS — Dominium, an affordable housing developer and owner-operator based in Dallas, has selected Mark Moorhouse and Kyle Hansen to share leadership responsibilities for the company as co-CEOs. The move comes as senior managing partner Paul Sween becomes chairman of Dominium’s board of directors. In his new position, Sween will oversee the board of directors and set its agenda. He will continue to serve as a partner in the firm. Moorhouse and Hansen will work in partnership to lead the overall strategy and direction of the company. Moorhouse will continue …

Continue Reading
0 FacebookTwitterLinkedinEmail
Los Arcos at Vida in San Antonio
Affordable HousingDevelopmentNewsTexas

NRP Group Delivers $81 Million Affordable Housing Project in San Antonio

by Channing Hamilton

SAN ANTONIO — Cleveland-based developer The NRP Group has completed Los Arcos at Vida, an $81 million affordable housing project in San Antonio. Located within the 600-acre Vida master-planned development, Los Arcos at Vida consists of 324 apartments, which are reserved for households earning between 30 and 70 percent of the area median income.  Units come in one-, two, three- and four-bedroom floor plans. Community amenities include a pool with a sundeck, barbecue grills and picnic areas, a conference center and cybercafé, activities room, community garden, playground and laundry facilities.  …

Continue Reading
0 FacebookTwitterLinkedinEmail
Residency Reshaped
FeaturesLeasing & MarketingOperationsTexas

Corgan Study Finds Affordability is Top Priority for Renters, Offers Solutions for Landlords

by Channing Hamilton

DALLAS — Affordability is more important to renters than location and amenities, according to a study from Hugo, the research team of Dallas-based architect Corgan. The Residency Reshaped report examined how renters’ priorities have shifted because of hybrid work trends, high costs of living and inflation. Researchers surveyed 1,480 renters in six Sun Belt markets: Atlanta, Austin, Dallas, Denver, Nashville and Phoenix. Residency Reshaped targeted renters between the ages of 25 and 45 who had leased for at least one year and who paid at least $1,500 per month in rent. The research team …

Continue Reading
0 FacebookTwitterLinkedinEmail
Infinity on Yorktown in Dallas, Texas
Investment SalesNewsTexas

ShainRealty Capital Buys 226-Unit Complex in Dallas for $39.5 Million

by Channing Hamilton

DALLAS — Los Angeles-based investment firm ShainRealty Capital has purchased Yorktown Luxury Apartments, a 226-unit property located in the Kessler Park neighborhood of Dallas. Nuveen Real Estate sold the asset for $39.5 million. Eric Calub, Caleb Jones and Paul Harris of Berkadia arranged the transaction. Built in 2016, the property offers studio, one-, two- and three-bedroom units and amenities such as a pool, lounge and outdoor grilling and dining stations. The new ownership will make capital improvements and has rebranded the property as Infinity on Yorktown. Arbor Realty Trust provided …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.