Austin

Tod Greenwood has been appointed to executive director of build-to-suit development, following the firm's recent corporate real estate solutions initiative announcement.

It's the largest single agreement in Charlestowne Hotels' 40-year history, placing the company in charge of 50 hotels in 20 states.

Since breaking ground in October of last year, 44 East Ave. is one of the only condo buildings currently under construction in downtown Austin, the only one planned for completion in 2022 and Intracorp's first Austin development.

A report by Moody's Analytics Real Estate Information Services predicts prolonged constructin delays in the apartment, retail and office sectors based on a comparison to the Great Recession of 2008.

Amid the COVID-19 pandemic, FourPoint Capital Markets was able to work successfully alongside the developer, Focal Point Development, and lender to push this loan closing across the finish line.

Although there has been a drop in widely–marketed multifamily listings for sales, deals are still moving ahead off-market.

Like nearly every industry, the multifamily real estate market has taken a hit during the COVID-19 pandemic, but it may have one advantage that some industries don't: people always need a place to live.

DFW retail leasing velocity began to fall this quarter at 166,425 square feet of positive absorption, and occupancy fell slightly to 94.2% as deliveries outpaced absorption with only 42% of new retail product leased.