Author: Amy Wolff Sorter
Executive Bio
brings close to 30 years of reporting and editorial experience to her role as southwest editor for GlobeSt.com; with more than 10 of those years spent reporting on business and real estate trends. In addition to her duties with ALM, Amy is a copyeditor and writer with Texas Jewish Post.
Contact Amy Wolff Sorter
Archive
Bridge Loans Totaling $8M Refinance 197 Units
MIDLAND, TX-A Delay in HUD financing leads the borrower to bridge financing for a one-year loan term on two multifamily properties; one local and one in nearby Odessa, TX. FULL STORY
Stream Launches Expansion Plan, Promotes Texas Executives
DALLAS-Commercial real estate transaction completions totaling more than 21 million in 2011 led to promotions in Austin, Dallas and Houston. FULL STORY
Ashford: AFFO and Profit Margin Increase, RevPAR Lower than Industry Average
DALLAS-During Ashford Hospitality Trust's Q4 2011 conference call on Thursday, executives celebrated a recovering economy while explaining issues with its Highland portfolio. FULL STORY
Ground Breaking Imminent on 234,000-SF 3 Waterway Square Place
THE WOODLANDS, TX-Preleasing totaling more than 156,000 gives Woodlands Development Corp. the green light to go north on the class A office building. FULL STORY
Stream Realty's Key Executives' Promotions Set Stage for Expansion
DALLAS-In an interview with Globest.com, company co-founder Mike McVean explains that the five new regional managers are primed and ready to open new commercial real estate offices. FULL STORY
Codina Enters Texas With 222,000-SF Acquisition
IRVING, TX-The Coral Gables, FL buyer adds the 30-year-old Waterway Tower to its portfolio, marking the third time the office building has traded ownership in less than 10 years. FULL STORY
200-Unit Saint Augustine Avoids Potential Foreclosure Through Note Sale
DALLAS-To avoid a hefty tax penalty, the multifamily property's seller acquired the note through auction, then sold the asset to a CA buyer. FULL STORY
EDGE Adds Capital Markets Division
DALLAS-The commercial real estate company shifts from geographic to organic growth, bringing Brandon Beeson, Mart Martindale and Steven Smith on board to handle CRE investments. FULL STORY
How to Beat Unfair CRE Tax Assessments
DALLAS-The good news for commercial real estate owners is that tax assessors can be reasoned with. The Kurz Group in Dallas and others tell Globest.com how. FULL STORY
Hunt, Urban West Enter into MF JV
EL PASO, TX-Local developer Hunt and California-based Urban West are seeking markets that will support state-of-the-art, institutional-quality multifamily properties. FULL STORY
