Property Type

Partnership Unveils Plans for 400-Acre Mixed-Use Development in Bonham, Texas

by Taylor Williams November 24, 2025

BONHAM, TEXAS — A partnership between developer Sanchez & Associates and the Bonham Economic Development Corp. (BEDCO) has unveiled plans for Powder Creek Ranch, a 400-acre mixed-use development. Powder Creek Ranch will be the first master-planned community in Bonham, located about 75 miles northeast of Dallas via Texas Highway 121. The site is located near the intersection of State Highways 121 and 56 on the city’s southwest side. The land previously served as a 1960s-era ranch and was owned by longtime Bonham resident Joe Kirkpatrick. Powder Creek Ranch will be developed in seven phases over an approximately 10-year period. The development will ultimately feature 3,000 new residential units via a mix of single-family residences, townhomes, build-to-rent homes (BTR) and apartments. Phase I, encompassing 73 acres, will include 205 multifamily units and a blend of single-family and BTR homes. The groundbreaking is slated for late 2026. Future phases will introduce retail, restaurant and office uses along with public parks, trail systems and open spaces that will enhance community walkability. The Bonham City Council has also approved the creation of the Powder Creek Ranch Public Improvement District to finance core infrastructure and support the community’s long-term development. “Powder Creek Ranch represents a significant …

November 24, 2025

Georgia Market Reports Multifamily Southeast Southeast Market Reports

Atlanta Multifamily Market: Signs of a Recovery After a Sharp Downturn

by John Nelson November 24, 2025

Atlanta’s multifamily market has been in a slump that would even make Braves fans wince. After peaking with record-breaking sales in 2021, volumes slid as borrowing costs climbed and supply piled up. But just like any good ballclub, the fundamentals matter, and the data suggests momentum is quietly building for a 2026 comeback season. Sales volume trends According to research from CoStar Group, institutional multifamily sales in Atlanta (transactions of $50 million or more) peaked in 2021 at $12.8 billion, driven by record pricing, historically low borrowing costs and robust rent growth. Since then, record supply, rising expenses and a sharp increase in borrowing costs have pushed sales volumes down by more than 70 percent, averaging just $3.5 billion annually over the past three years. While the broader U.S. economy has surged since 2022 — the S&P 500 has climbed 45 percent since fourth-quarter 2022 — commercial real estate has been searching for its bottom. Data now suggests that Atlanta has reached this inflection point, and history indicates increased activity and rising values in the years ahead. Parallels to the GFC Looking back at the global financial crisis (GFC) provides valuable context. The chart above (inflation-adjusted using Real Capital Analytics’ …

November 24, 2025

Development Multifamily Texas

LV Collective Completes 48-Story Apartment Tower in Downtown Austin’s Rainey Street District

by Taylor Williams November 21, 2025

AUSTIN, TEXAS — Locally based multifamily and student housing developer LV Collective, formerly known as Lincoln Ventures, has completed Paseo, a 48-story apartment tower located at 80 Rainey St. in downtown Austin. Paseo offers 557 units in studio, one-, two- and three-bedroom floor plans, as well as four penthouses and a pool, deck and bar on the 12th floor with views of Lady Bird Lake. Residents also have access to a ground-level café and bar, a fitness center with a yoga studio, cold plunge and saunas and two floors of coworking space with private pods and conference rooms. Construction began in early 2023. Leasing launched in August, at which point monthly rents started in the $1,900s for a studio apartment.

November 21, 2025

Acquisitions Multifamily Texas

Lone Star Funds Sells Three West Texas Multifamily Properties Totaling 606 Units

by Taylor Williams November 21, 2025

LUBBOCK AND MIDLAND, TEXAS — Lone Star Funds has sold three unnamed multifamily properties totaling 606 units in West Texas. Two of the properties totaling 392 units are in Lubbock and were completed in 2004. The third property, which was built in 2013 and totals 214 units, is located in Midland. Lone Star acquired the assets in 2022 and implemented capital improvements during its ownership period. The properties sold to three separate buyers that requested anonymity.

November 21, 2025

Acquisitions Industrial Texas

JLL Negotiates Sale of 444,120 SF Manufacturing, Distribution Facility in Dayton, Texas

by Taylor Williams November 21, 2025

DAYTON, TEXAS — JLL has negotiated the sale of Deacero Gulf Inland Logistics Park, a 444,120-square-foot manufacturing and distribution facility in Dayton, a northeastern suburb of Houston. The facility, which is located within the larger Gulf Inland Logistics Park development, was fully leased at the time of sale to Daecero Steel. Trent Agnew, Charlie Strauss and Lance Young of JLL represented the seller, Clay Development & Construction Inc., in the transaction. The buyer was Broadstone Net Lease (NYSE: BNL).

November 21, 2025

Acquisitions Industrial Texas

Marcus & Millichap Brokers Sale of 325,300 SF Industrial Park in Rockwall, Texas

by Taylor Williams November 21, 2025

ROCKWALL, TEXAS — Marcus & Millichap has brokered the sale of a 10-building, 325,300-square-foot industrial park in Rockwall, a northeastern suburb of Dallas. The buildings were constructed on 21 acres in phases between 1976 and 1997 and feature 16- to 20-foot clear heights, as well as a total of 28 drive-in doors and 22 dock-high doors. Adam Abushagur, Davis Cagle, Tyler Ranft and Gunnar Vachris of Marcus & Millichap represented the seller, a local family partnership, in the transaction and procured the buyer, PlaceMKR.

November 21, 2025

Industrial Leasing Activity Texas

Hexatronic Data Center US Signs 12,365 SF Industrial Lease in Northwest Houston

by Taylor Williams November 21, 2025

HOUSTON — Hexatronic Data Center US, a Dallas-based firm that provides a range of services for the asset class, has signed a 12,365-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 8801 Jameel Road was completed in 1981 and totals 47,932 square feet. Heath Donica, Jack Rathe and Natalie Gilbert of Stream Realty Partners represented the landlord, Bleeker Partners, in the lease negotiations. Kim Mathis of Partners Real Estate represented the tenant.

November 21, 2025

Development Loans Multifamily New York Northeast

Dwight Mortgage Trust Provides $70M Construction Loan for Harlem Multifamily Project

by Taylor Williams November 21, 2025

NEW YORK CITY — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided a $70 million construction loan for a proposed 180-unit multifamily project that will be located at 33-35 W. 125th St. in Harlem. The property will offer a mix of studio, one- and two-bedroom units, 30 percent of which will be reserved as affordable housing. Amenities will include a fitness center, rooftop terrace, lounge and a library, and the property will also house 17,440 square feet of commercial space. Keith Hoffman led the transaction for Dwight. The borrower is Irgang Group.

November 21, 2025

Florida Loans Multifamily Southeast

13th Floor, Key International Break Ground on 327-Unit Skye Apartment Community in Delray Beach, Florida

by Abby Cox November 21, 2025

DELRAY BEACH, FLA. — 13th Floor Investments and Key International have broken ground on Skye, a 327-unit apartment community located in Delray Beach, approximately eight miles north of Boca Raton, Fla. CIBC Bank USA is providing a $79.2 million construction loan to finance the project. The Skye apartment complex is the second residential phase of the 50-acre Parks at Delray mixed-use development, following the debut of Savio, a 420-unit apartment complex. Skye is slated for completion in 2027. Designed by MSA Architects, Skye will offer studios, one-, two- and three-bedroom floorplans ranging in size from 560 to 1,410 square feet, as well as three-bedroom townhome options spanning up to 1,770 square feet. Amenities at the complex will include a beach-entry swimming pool with cabanas and a pool bar, parks with jogging trails and outdoor BBQs and an outdoor “tot lot” and children’s playroom. Additional amenities include a 24-7 fitness center, yoga room, dog park, coworking spaces with a business center, lounge, social club room with a kitchen and a bar. Residents also have access to package rooms, select garages, covered parking and complimentary Wi-Fi in common areas.

November 21, 2025

Development Florida Retail Southeast

GBT Realty to Develop Sprouts-Anchored Shopping Center in New Smyrna Beach, Florida

by Abby Cox November 21, 2025

NEW SMYRNA BEACH, FLA. — GBT Realty Corp. has unveiled plans to develop Shops at New Smyrna, a 55,273-square-foot, grocery-anchored neighborhood shopping center located in New Smyrna Beach. Construction of the project is scheduled to begin in summer 2026, with completion set for summer 2027. A 23,273-square-foot Sprouts Farmers Market will anchor the development, which will also feature an additional 35,000 square feet of junior anchor and inline retail space across two buildings, as well as two one-acre outparcels. The tenant roster is expected to include fitness and restaurant users and soft goods services, among others.

November 21, 2025

Newer Posts

Older Posts