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Houston Multifamily Forecast Sunny With A Chance Of Serious Cost Increases
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Houston Multifamily Forecast Sunny With A Chance Of Serious Cost Increases

... measures, business is good for multifamily developers and owners. Houston might not be enjoying the skyrocketing rent renewal increases of ... over the past 12 months, according to ApartmentData.com. Houston trails the national annual rent growth rate of 15.1 ...

Oct 12, 2021
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Houston Housing Authority Hires New CEO As City Faces Slew Of Evictions
News

Houston Housing Authority Hires New CEO As City Faces Slew Of Evictions

... announced a $100M funding effort to reduce homelessness in Houston, the Houston Chronicle reported, as early 2022 average rent owed topped ... are bloated with tens of thousands of people, and Houston only reported 19 affordable housing units for every 100 ...

Jan 27, 2022
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Cellipoint CDMO facility in Houston
News

Houston-Area Project Latest Indicator Of Local Biotech Boom

... Bioservices this week announced a 76K SF biomanufacturing facility near Houston, another sign of the Texas city’s growing life sciences ... manufacturing and testing for cell therapies, and it comes as Houston is set to see millions of square feet of new ...

Aug 19, 2022
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Houston Apartment Complex Faces Foreclosure, Lawsuits And Liens
News

Houston Apartment Complex Faces Foreclosure, Lawsuits And Liens

... foreclosure document filed this month. Notable complexes sold at the Houston foreclosure auction this year include one Rockstar Capital lost this ...

Sep 19, 2023
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Houston Will Gain Jobs Next Year, But How Many Depends On How Bad A Recession Gets
News

Houston Will Gain Jobs Next Year, But How Many Depends On How Bad A Recession Gets

... rates to combat inflation. The organization’s baseline forecast shows Houston experiencing a shallow recession in the first half of the ... growth across all sectors. In any scenario, GHP predicts Houston’s construction industry will enter the new year with a ...

Dec 13, 2022
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Houston-Based Developers Plan To Welcome Residents To The Agrihood
News

Houston-Based Developers Plan To Welcome Residents To The Agrihood

Houston-based Meristem Communities will debut Indigo, a 235-acre agrihood- ... the Grand Parkway.  Meristem plans to break ground in December, Houston Business Journal reported. David Weekley Homes, Empire Communities and Highland ...

Nov 29, 2022
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Houston Bank’s Opportunistic Venture Into CRE Capital Markets Could Signal Turning Tides
News

Houston Bank’s Opportunistic Venture Into CRE Capital Markets Could Signal Turning Tides

The bank's first move was hiring Patrick Ramsier as president of its capital markets CRE platform.  “What attracted me to this opportunity is the balance sheet of Cornerstone Capital,” Ramsier said. “They really don’t have much exposure to commercial real ...

Jul 24, 2024
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Houston Property In Chetrit Group’s Troubled $481M Portfolio Slated For Foreclosure Auction
News

Houston Property In Chetrit Group’s Troubled $481M Portfolio Slated For Foreclosure Auction

Forest View Owner LLC borrowed the money from JPMorgan Chase to buy the complex in Baytown, according to a July 16 substitute trustee's sale notice filing. Forest View Apartments is part of a 43-property portfolio owned by New York City-based Chetrit ...

Jul 17, 2024
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Houston Apartment Rents Continue To Grow While Other Texas Metros Falter
News

Houston Apartment Rents Continue To Grow While Other Texas Metros Falter

... growth spots are suburban markets on the south side of Houston, according to the report. The hottest submarket over the past ... /League City, Conroe North/Montgomery and Sugar Land/Stafford/Sienna.  Houston’s average apartment occupancy is 89.9%, which is in ...

Jun 06, 2023
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Houston Developers Building 3 New Commercial Condo Communities
News

Houston Developers Building 3 New Commercial Condo Communities

... Ohio over the past two decades, he said. Meanwhile, the Houston area is also gaining other opportunities to own part of ...

May 11, 2023
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