Tuesday, July 28, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

Urban-Palms-Houston
AcquisitionsMultifamilyNorthmarqTexas

Northmarq Arranges Sale of 659-Unit Urban Palms Apartments in West Houston

by Taylor Williams

HOUSTON — Northmarq has arranged the sale of Urban Palms, a 659-unit apartment community in the Chinatown area of West Houston. The property was built in 1979 and renovated in 2017. Units feature energy-efficient appliances, washer/dryer connections and private balconies/patios. Amenities include two pools, a fitness center, business center, playground, grilling and picnic areas and onsite laundry facilities. Justin Chambers and Scott Lamontagne of Northmarq represented the Southern California-based seller and the undisclosed buyer in the transaction. Joel Heikenfeld, James Currell and Emily Balazik, who are also with Northmarq, arranged acquisition financing and joint venture equity for the deal.  

Continue Reading
FacebookTwitterLinkedinEmail
Harmony-Hill-Apartments-Rowlett
AcquisitionsMultifamilyTexas

Weidner Acquires 644-Unit Harmony Hills Apartments in Metro Dallas

by Taylor Williams

ROWLETT, TEXAS — Seattle-based Weidner Apartment Homes has acquired Harmony Hill, a 644-unit multifamily development located in the northeastern Dallas suburb of Rowlett. The community offers one-, two- and three-bedroom units that are furnished with stainless steel appliances, granite countertops, tile backsplashes, built-in desks and covered balconies. Amenities include two pools, an entertainment and media room, fitness center, outdoor grilling stations, a coworking lounge, dog park, resident clubhouse and walking trails. Kevin O’Boyle of CBRE brokered the deal. The seller was Huffines Communities. The property traded off-market for an undisclosed price.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

Westmount Realty Capital Sells 376-Unit Apartment Community in Southeast Houston

by Taylor Williams

HOUSTON — Dallas-based investment firm Westmount Realty Capital has sold Westmount at Summer Cove, a 376-unit apartment community in southeast Houston. Units come in one- and two-bedroom formats and average 729 square feet. The amenity package comprises two pools, a playground, fitness center, leasing office with a coffee bar and open green spaces. Westmount acquired the asset in 2015 and implemented a value-add program that added features such as brushed nickel hardware, new lighting fixtures, resurfaced countertops and vinyl wood plank flooring. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilySeniors HousingTexas

Anthology Senior Living to Develop 121-Unit Community in Dallas

by Taylor Williams

DALLAS — Anthology Senior Living will develop a 121-unit community in the Highland Park area of Dallas. Anthology of Highland Park will be an 11-story building with 97 assisted living residences and 24 memory care suites, available in studio, one-bedroom and two-bedroom configurations. The 144,000-square-foot community will be located within three miles of UT Southwestern Medical Center and within one mile of the Knox Street retail corridor. Cadence McShane is the general contractor for the project, which is scheduled for completion in spring 2023.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityLee & AssociatesTexas

Lee & Associates Negotiates 153,150 SF Industrial Lease in Dallas

by Taylor Williams

DALLAS — Lee & Associates has negotiated a 153,150-square-foot industrial lease at 2340 I-35 W. Service Road in Dallas. The crane-served building features 24-foot clear heights, 24 drive-in doors and 6.8 acres of outdoor storage space. Joseph Mullican and Brett Lewis of Lee & Associates represented the undisclosed tenant, which will occupy the entirety of the building, in the lease negotiations. The name and representative of the landlord were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentMultifamilyTexas

HPI Acquires Land for 829-Unit Residential Development in North Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Austin-based HPI Real Estate Services & Investments has acquired 55 acres in North Fort Worth for the development of an 829-unit residential community. Preliminary plans for the development call for 636 multifamily units and 193 single-family rental units with attached garages and yards. Amenities will include clubhouses, pools, pickleball courts and walking trails. Davidson Bogel Real Estate brokered the sale of the site, which is located at the corner of Bonds Ranch and Blue Mound roads. A construction timeline has not yet been established.

Continue Reading
FacebookTwitterLinkedinEmail
Northeast-Crossing-Houston
DevelopmentIndustrialTexas

Jackson-Shaw to Develop 424,404 SF Industrial Project in Northeast Houston

by Taylor Williams

HOUSTON — North Texas-based Jackson-Shaw will develop Northeast Crossing, a 424,404-square-foot industrial project in Houston. The cross-dock building will be situated on 27.4 acres and will feature truck court depths of 130 to 185 feet and ample trailer parking. Diamond Realty Investments Inc. is Jackson-Shaw’s equity partner on the project. Rosenberger Construction is serving as the general contractor, with Powers Brown as the architect. Kimley-Horn is the civil engineering firm, and CBRE is the leasing agent. Comerica Bank provided construction financing. Completion is slated for the second quarter of 2023.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyTexas

CBRE Investment Management Provides Acquisition Loan for 290-Unit Multifamily Asset in Arlington

by Taylor Williams

ARLINGTON, TEXAS — A fund sponsored by CBRE Investment Management has provided an acquisition loan of an undisclosed amount for Preslee Apartments, a 290-unit multifamily asset in Arlington. Lauren Bresky of Northmarq Capital arranged the floating-rate loan, which was structured with an initial term of three years with the option to extend by two years. Select units at Preslee Apartments offer private balconies/patios, and communal amenities include a pool, fitness center, business center, clubhouse and outdoor grilling and dining areas. The borrower, Dallas-based S2 Capital, plans to renovate the property.

Continue Reading
FacebookTwitterLinkedinEmail
Villas-at-West-Road-Houston
AcquisitionsMultifamilyTexas

TruAmerica Multifamily Buys 240-Unit Villas at West Road Apartments in Houston

by Taylor Williams

HOUSTON — Los Angeles-based investment firm TruAmerica Multifamily has purchased Villas at West Road, a 240-unit apartment community in Houston. Built in 2006, Villas at West Road features a mix of one-, two- and three-bedroom apartment homes averaging 1,137 square feet. According to Apartments.com, amenities include a pool, fitness center, business center, dog park and outdoor grilling and dining stations. TruAmerica acquired the property in a joint venture with global asset management firm AX IM Alts, and the new ownership plans to implement a value-add program.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Taxila Stone Signs Build-to-Suit Industrial Lease in Dallas

by Taylor Williams

DALLAS — Taxila Stone, a wholesale distributor of stone surfaces, has signed a build-to-suit industrial lease at PROTO Park, a 250,000-square-foot development in the Brookhollow submarket of Dallas. The square footage was not disclosed. The owner of PROTO Park, Fort Worth-based M2G Ventures, is underway on construction of the facility. Harrison Putt of Mercer Co. and Bo Puckett of JLL represented the tenant in the lease negotiations. Jason Moser and Hanes Chatham of Stream Realty Partners represented M2G Ventures.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts