Texas

Landmark Properties Buys 556-Bed Student Housing Property in Lubbock, Texas

by Taylor Williams March 3, 2026

LUBBOCK, TEXAS — Landmark Properties, a Georgia-based student housing owner-operator, has purchased The Bloc, a 10-building, 556-bed property serving students at Texas Tech University in Lubbock. Developed in 2017, The Bloc offers 140 units and amenities such as a pool, rooftop lounge, grilling areas, a fitness center, computer and study lounge and other social gathering areas. CBRE arranged the sale of the property on behalf of the undisclosed seller. TSB Capital Advisors arranged acquisition financing for the deal on behalf of Landmark, which acquired the property in conjunction with Park East, a 732-bed student housing development located about a block away.

March 3, 2026

Development Loans Multifamily Texas

Walker & Dunlop Arranges $44.6M Construction Loan for Multifamily Project in Grand Prairie, Texas

by Taylor Williams March 3, 2026

GRAND PRAIRIE, TEXAS — Walker & Dunlop has arranged a $44.6 million construction loan for The Henley, a 255-unit multifamily project that will be located roughly midway between Dallas and Fort Worth in Grand Prairie. The Henley will offer 153 one-bedroom units and 102 two-bedroom units in addition to Class A amenities. Walker Layne, Stephen West, Matthew Wallach, Austin Sneed and Tyler Evenson of Walker & Dunlop arranged the floating-rate loan through Goldman Sachs Alternatives on behalf of the locally based developer, StoneHawk Capital Partners.

March 3, 2026

Acquisitions Multifamily Texas

Berkadia Brokers Sale of 168-Unit Elm Creek Apartments in Kingwood, Texas

by Taylor Williams March 3, 2026

KINGWOOD, TEXAS — Berkadia has brokered the sale of Elm Creek, a 168-unit apartment complex in Kingwood, a northern suburb of Houston. Built in 1982, the garden-style property offers one- and two-bedroom units and amenities such as a pool, fitness center and outdoor grilling and dining stations. Chris Curry, Jeffrey Skipworth, Chris Young, Joey Rippel, Kyle Whitney and Jed Dalton of Berkadia represented the seller, multi-national investment firm HGA, in the transaction. The buyer, Houston-based Sentinel Capital, plans to make capital improvements to Elm Creek.

March 3, 2026

Leasing Activity Office Texas

Stonelake Capital Signs 16,008 SF Office Lease at 23Springs in Uptown Dallas

by Taylor Williams March 3, 2026

DALLAS — Stonelake Capital Partners has signed a 16,008-square-foot office lease at 23Springs, a newly constructed office building in Uptown Dallas. The real estate private equity firm is expanding and relocating from The Crescent to the ninth floor of the 26-story building. Robert Jimenez, Burson Holman and Elizabeth Fortado represented the landlord, Dallas-based Granite Properties, in the lease negotiations on an internal basis. Peery Wood of Stream Realty Partners represented Stonelake Capital.

March 3, 2026

Loans Multifamily Texas

Berkadia Arranges $47M Loan for Refinancing of North Austin Apartments

by Taylor Williams March 2, 2026

AUSTIN, TEXAS — Berkadia has arranged a $47 million loan for the refinancing of 1900 Parmer, a 364-unit apartment community in North Austin. Developed in 2024, the property offers studio, one- and two-bedroom units that range in size from 458 to 1,270 square feet. Amenities include two pools with cabanas, a fitness center with dedicated spin and yoga studios, a lounge, package lockers and a demonstration kitchen featuring a kegerator and a billiards table. Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins and Patrick Johnson of Berkadia place the loan through MF1 Capital on behalf of the owner, California-based Griffin Capital.

March 2, 2026

Acquisitions Multifamily Student Housing Texas

Landmark Properties Buys 732-Bed Student Housing Property in Lubbock, Texas

by Taylor Williams March 2, 2026

LUBBOCK, TEXAS — Landmark Properties, a Georgia-based student housing owner-operator, has purchased Park East, a 732-bed for students at Texas Tech University in Lubbock. Developed in 2016, the two-building development offers 219 units and amenities such as a coffee bar, resident lounge, fitness center, pool, study rooms, grilling areas, a putting green and bocce ball and sand volleyball courts. CBRE arranged the sale of the property on behalf of the undisclosed seller. TSB Capital Advisors arranged acquisition financing for the deal on behalf of Landmark.

March 2, 2026

Acquisitions Development Retail Texas

Asana Partners Acquires 197,105 SF Shopping Center in Austin, Plans Renovation

by Taylor Williams March 2, 2026

AUSTIN, TEXAS — Charlotte-based investment and development firm Asana Partners has acquired The Arboretum, a roughly 197,105-square-foot shopping center in the Great Hills neighborhood of Austin, with plans to renovate the property. Tenants include Amy’s Ice Creams, Ballard Designs, Chico’s, Lovesac, Pottery Barn, Cava, Teapioca Lounge, Soma and Hanara Sushi & Grill. Asana plans to reconfigure commons areas to support live music and pop-up retail, establish new patios for outdoor dining and replace storefront signage. Sitework for the renovation will begin this summer. Completion is slated for early 2027.

March 2, 2026

Leasing Activity Office Texas

UBS Signs 26,537 SF Office Lease at 23Springs in Uptown Dallas

by Taylor Williams March 2, 2026

DALLAS — UBS has signed a 26,537-square-foot office lease at 23Springs, a newly constructed office building in Uptown Dallas. The global wealth manager will occupy the entire 20th floor of the 26-story building and plans to take occupancy this summer. Robert Jimenez, Burson Holman and Elizabeth Fortado represented the landlord, Dallas-based Granite Properties, in the lease negotiations on an internal basis. Robby Baty and Bill McClung of Cushman & Wakefield represented UBS.

March 2, 2026

Development Loans Mixed-Use Texas

Mark IV Capital Receives $86M Construction Loan for Metro Austin Mixed-Use Project

by Taylor Williams February 27, 2026

ROUND ROCK, TEXAS — California-based Mark IV Capital has received an $86 million construction loan for Phase I of The District, a mixed-use project that will be located in the northern Austin suburb of Round Rock. The site is adjacent to the headquarters campus of Dell, and Phase I of The District will feature a 316-unit apartment complex with 23,042 square feet of ground-floor retail and restaurant space. Units will come in studio, one- and two-bedroom floor plans, and amenities will include a pool, fitness center, clubhouse lounge and outdoor entertainment spaces. Phase I will also include a 40,750-square-foot food-and-beverage plaza that will comprise six buildings with tenant spaces ranging in size from 1,500 to 11,750 square feet. Completion of Phase I is slated for early 2028. George Smith Partners arranged the financing through BDT & MSD Partners and an affiliate of global private equity firm Apollo.

February 27, 2026

Industrial Leasing Activity Texas

Modular Power Solutions Signs 435,680 SF Industrial Lease in North Houston

by Taylor Williams February 27, 2026

HOUSTON — Modular Power Solutions has signed a 435,680-square-foot industrial lease in North Houston. The provider of electrical solutions for the data center industry will occupy the entirety of Maverick Distribution Center, a newly built, 26-acre development that is adjacent to George Bush Intercontinental Airport. Building features include a cross-dock configuration, 40-foot clear heights, 185-foot truck court depths and “generous” car and trailer parking allotments. Mac Hall, Tyler Maner and Abraham Richardson of Stream Realty Partners represented the tenant in the lease negotiations. Kevin Wyatt and Robert Willard represented the landlord, Dallas-based Lincoln Property Co., on an internal basis.

February 27, 2026

Newer Posts

Older Posts