Saturday, April 11, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

The-Lariat-Amarillo
LoansMultifamilyTexas

Dwight Mortgage Trust Provides $53M HUD-Insured Financing for Amarillo Multifamily Project

by Taylor Williams

AMARILLO, TEXAS — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided $53 million in HUD-insured financing for construction of The Lariat, a 312-unit multifamily project that will be located in Amarillo. The Lariat will consist of 13 three-story residential buildings, a clubhouse/leasing center and six garages on a 13.5-acre site. The unit mix will comprise 186 one-bedroom apartments and 126 two-bedroom residences. Amenities will include a pool, clubhouse, outdoor courtyard and a dog park. Brandon Baksh and Tommy Ng of Dwight originated the financing through HUD’s 221(d)(4) program on behalf of the borrower, Martin Inderman Development.

Continue Reading
FacebookTwitterLinkedinEmail
Electronic-Power-Design-Houston
IndustrialLoansTexas

CBRE Arranges Construction Financing for 144,000 SF Manufacturing Facility in Houston

by Taylor Williams

HOUSTON — CBRE has arranged an undisclosed amount of construction financing for a 144,000-square-foot manufacturing facility in Houston that will be located at 430 Lockhaven Drive on the city’s north side. The facility will be a build-to-suit for Electronic Power Design (EPD), a local producer of electrical equipment and systems that also operates a 241,481-square-foot facility next door. John Fenoglio and Brock Hudson of CBRE arranged the loan on behalf of EPD. The direct lender was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRetailTexas

Vellix Adventure Opens 20,000 SF Trampoline Park in Hurst, Texas

by Taylor Williams

HURST, TEXAS — Entertainment concept Vellix Adventure has opened a 20,000-square-foot trampoline park in Hurst, located northeast of Fort Worth. The space is located within Mayfair Village shopping center and includes a ropes course and virtual reality games. Michael Williams of JLL represented Vellix Adventure in the lease negotiations. Ashley Selers of Phillips Edison & Co. represented the landlord on an internal basis.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

DCCM Signs 10,738 SF Office Lease in Uptown Houston

by Taylor Williams

HOUSTON — DCCM has signed a 10,738-square-foot office lease in Houston’s Post Oak district. The design, engineering and construction management firm has relocated its corporate headquarters to the third floor of the building at 1801 Post Oak Blvd. Greg Cizik of Colliers represented DCCM in the lease negotiations. Kristen Rabel and Nina Seyyedin of CBRE represented the undisclosed landlord.

Continue Reading
FacebookTwitterLinkedinEmail
Bonham-&-Baker-Frisco
DevelopmentMultifamilyTexas

Hillwood Breaks Ground on 410-Unit Multifamily Project at Frisco Station

by Taylor Williams

FRISCO, TEXAS — Hillwood, the Fort Worth-based company that owns AllianceTexas, has broken ground on Bonham & Baker, a 410-unit multifamily project that will be located within the 242-acre Frisco Station mixed-use development on the northern outskirts of Dallas. Bonham & Baker will feature one- and two-bedroom apartments and two- and three-bedroom, two-story townhomes. Amenities will include two pools, resident lounge and coffee bar, wine lounge, coworking space with private offices and a conference room, two fitness centers, a dog park, game room, wine bar, sports lounges and outdoor grilling and dining areas. Good Fulton & Farrell is serving as the project architect, and Rampart Multifamily is the general contractor. J.P. Morgan is financing construction. Preleasing is expected to begin in the spring of 2027, with the first units set to be available for occupancy in summer 2027. Full completion is slated for spring 2028. 

Continue Reading
FacebookTwitterLinkedinEmail
Hartwood-at-Spring-Shadows
Affordable HousingDevelopmentMultifamilyTexas

Partnership Completes $33M Affordable Housing Project in West Houston

by Taylor Williams

HOUSTON — A partnership that includes Blazer Real Estate Services, CVS Health and the Harris County Housing and Community Development Department has completed Hartwood at Spring Shadows, a $33 million affordable housing project located in the Spring Branch area of West Houston. The 125-unit building offers 112 residences that are reserved for households earning between 30 and 60 percent of the area median income as well as 13 market-rate apartments. Residences come in one-, two- and three-bedroom floor plans, and amenities include a pool, outdoor grilling stations, dog park, playground, fitness center, package lockers, multi-purpose room, business center and a conference room. Mucasey & Associates designed the project, and Blazer Building served as general contractor. Other project partners include the Harris County Housing Finance Corp. (HCHFC), Amegy Bank, the Memorial Hermann Foundation and Boston Financial Investment Management.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

CenterSquare Acquires 244,946 SF Industrial Service Portfolio in Houston

by Taylor Williams

HOUSTON — Metro Philadelphia-based CenterSquare Investment Management has acquired a portfolio of four industrial service buildings totaling 244,946 square feet in Houston. The portfolio, which was 88 percent leased at the time of sale, consists of 55 suites with an average size of 4,454 square feet with oversized grade-level doors and 17- to 18-foot clear heights. CenterSquare plans to implement a value-add program that will involve minor roof repairs, concrete repairs and adding HVAC where needed. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialOklahomaTexas

TruCore Industrial Nears Completion of 90,000 SF Project in Tulsa

by Taylor Williams

TULSA, OKLA. — TruCore Industrial, an Oklahoma-based investment firm founded by executives of net-lease brokerage group Stan Johnson Co., is nearing completion of a 90,000-square-foot project in Tulsa. Midtown Industrial Park consists of four buildings that feature 20-foot-plus clear heights, shared dock access and ESFR sprinkler systems. Leasing is currently underway.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

Prudent Growth Partners Buys 47,364 SF Retail Center in Hurst, Texas

by Taylor Williams

HURST, TEXAS — Prudent Growth Partners, a North Carolina-based private equity real estate firm, has purchased a 47,364-square-foot retail center in Hurst, located in the northern-central part of the metroplex. Melbourne Plaza, which sold for $7.8 million, was 97 percent leased to 17 tenants at the time of sale. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
The-Brady-Dallas
AcquisitionsMultifamilyTexas

Karlin Real Estate Buys 299-Unit Apartment Building in Uptown Dallas

by Taylor Williams

DALLAS — Karlin Real Estate has purchased The Brady, a 299-unit apartment building located at 2728 Cedar Springs Road in Uptown Dallas. The property, which according to Apartments.com was built in 2015, offers studio, one-, two- and three-bedroom floor plans and amenities such as a rooftop terrace, pool, fitness center, business center and pet facilities. Patton Jones, Andrew Dickson, Brian O’Boyle Jr. and Brian Murphy of Newmark represented the undisclosed seller in the transaction. Jonathan Firestone, Blake Thompson and Travis Bailey, also with Newmark, arranged acquisition financing on behalf of Karlin, which plans to implement a value-add program.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts