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Owner Renegotiates $252M Loan On Houston Skyscraper To Avoid Default
News

Owner Renegotiates $252M Loan On Houston Skyscraper To Avoid Default

... $30M to modernize the building and attract tenants, M-M Properties CEO Ken Moczulski told the outlet.  The refinancing ... a partnership that included what is now M-M Properties, the Chronicle reported.  M-M Properties refinanced the tower with Starwood 10 ...

Mar 05, 2024
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Aerial photograph of Johnson Space Center
News

Defense Manufacturer Leases 207 Acres Of NASA’s Exploration Park

... years. NASA signed a similar lease with the Texas A&M University System in February. That 30-acre lease agreement will ... allow the creation of the Texas A&M Space Institute, a $200M facility that benefits from a $350M ...

Mar 04, 2024
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‘It Shut Down The Deal’: High Multifamily Insurance Rates Threaten Transactions, Strain Budgets
News

‘It Shut Down The Deal’: High Multifamily Insurance Rates Threaten Transactions, Strain Budgets

“If we do have more natural disasters, if insurance companies take more losses this year and next year and prices continue to go up, it’s completely unsustainable, and no one is going to be able to make their properties work,” said Gautam Goyal, CEO of ...

Feb 06, 2024
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CityWestPlace
News

‘Good For Society And Real Estate’: Why One CRE Company Is Embracing Mixed-Use Development

... real estate professionals to make sense of tenants’ evolving expectations.  M. Jayson Lipsey, CEO of Parkway, a Houston-based CRE investment ...

Feb 05, 2024
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New Center For Biotechnology Could Attract ‘Large-Scale Opportunities’ To Houston’s Life Sciences Market
News

New Center For Biotechnology Could Attract ‘Large-Scale Opportunities’ To Houston’s Life Sciences Market

... large-scale manufacturing needs.  CORRECTION, JAN. 30, 10:24 A.M. CT: A prior version of this article had the incorrect ...

Jan 29, 2024
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Arbor Realty Moves To Foreclose On Houston Complex As Short Seller Highlights Distressed Loan Book
News

Arbor Realty Moves To Foreclose On Houston Complex As Short Seller Highlights Distressed Loan Book

... gain of 2.08%.” UPDATE, JAN. 26, 9:11 A.M. CT: This article has been updated to add information about ... The Selena Apartments' ownership. CORRECTION, APRIL 18, 10:15 A.M. CT: An early version of this story had a headline ...

Jan 24, 2024
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Galleria-Area Office Building Heads To Foreclosure Auction
News

Galleria-Area Office Building Heads To Foreclosure Auction

... ownership of Houston’s Marathon Oil Tower, previously owned by M-M Properties. Starwood CEO Barry Sternlicht told analysts in November 2022 ...

Jan 17, 2024
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Integrity And Guts: What It Takes To Make It As A Woman In CRE Finance
News

Integrity And Guts: What It Takes To Make It As A Woman In CRE Finance

... champion. “‘Hi, my name is Danielle Davis. I'm a rising senior. I'm in the top 10% of my class and ... had yet to start college. “And 25 years later, I’m still here,” Davis said. After years of experience in a ...

Dec 11, 2023
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This Week's Houston Deal Sheet: Stephens Expands Greenway Plaza Lease
News

This Week's Houston Deal Sheet: Stephens Expands Greenway Plaza Lease

... J.P. Hutcheson and Amanda Nebel represented the landlord.  “I'm excited to announce that Stephens will maintain its Houston headquarters ... PEOPLE Texas Real Estate Research Center at Texas A&M Executive Director Gary Maler selected Pamela Canon to assume the ...

Nov 10, 2023
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Whitmire, Jackson Lee Head To Runoff Election For Houston Mayor
News

Whitmire, Jackson Lee Head To Runoff Election For Houston Mayor

... , who was elected in 2015.  As of 10:40 p.m., Whitmire led Jackson Lee by a 43.6%-35.5 ... north Houston and parts of Harris County, in 1983.  “I’m fired up. I need you fired up,” Whitmire said in ...

Nov 07, 2023
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