Southwest

Original Southwest commercial real estate news & events for Austin, Dallas Ft. Worth, Houston, New Orleans and Phoenix; plus expert insights, commentary & analysis into secondary and tertiary regional and local markets.

Atlanta | News

Gilbane Development to Begin $400M in New Student Housing Projects

John Jordan | September 19, 2018

All of the student housing buildings are expected to begin operations by the fall of 2020, with the exception of the Octave at the University of Illinois Urbana-Champaign project, which is scheduled for a fall 2019 occupancy.

Miami | News

Mayo Clinic Embarks on $190M Expansion of Rochester Campus

John Jordan | September 19, 2018

The Mayo Clinic is partnering with Singapore-based Pontiac Land on the $190-million project that will also include hotel space.

Denver | News

CapitaLand Buys US Apartment Portfolio For $835M

Erika Morphy | September 19, 2018

The 3,787-unit, Class B portfolio is located around Seattle, Portland, Los Angeles and Denver.

International | News

Avison Young Launches Life Sciences Group

John Jordan | September 19, 2018

The new group will span 10 regional markets in the U.S., Canada, Mexico and Europe and comprise 17 Avison Young leasing professionals.

National | Analysis

What Else Besides E-Commerce Is Driving This Industrial Bus?

Erika Morphy | September 19, 2018

Investcorp evaluated many factors besides just e-commerce flows with the 4.5-million-square foot portfolio it just acquired for $300 million.

National | News Research

Rising Wall Street Profits Continue to Lift All Boats

John Jordan | September 19, 2018

Securities industry pre-tax profits totaled $13.7 billion in the first half of 2018, an increase of 11% from the mid-point of 2017, according to a report released by New York State Comptroller Thomas P. DiNapoli.

National | News

The American Skyscraper Rises to Prominence

Lisa Brown | September 18, 2018

The current skyscraper building boom falls short of the 80s, the country’s busiest building boom by far, when skyscraper construction activity in Dallas was only surpassed by New York City, Chicago and Houston.

Dallas/Fort Worth | Analysis

Industrial Properties Attract Buyers in "Saturated" Texas MF Market

Mary Ann Azevedo | September 18, 2018

More multifamily investors are diversifying, looking for higher returns.

National | Analysis

What Would E-Commerce Look Like for a Dollar Store?

Erika Morphy | September 18, 2018

More to the point, why do they even need to try?

Dallas/Fort Worth | News

Fort Worth Sells Mixed-Use Building to New York Buyer

Mary Ann Azevedo | September 18, 2018

"The fact that the City of Fort Worth put its own economic development funds into developing the mixed-use complex was an uncommon situation."

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National |

The Hidden Way to Boost Your Office Design

Kelsi Maree Borland | September 18, 2018

Demountable walls are often overlooked, but they can easily change the aesthetic and an office space and add flexibility to the floor plan.

Austin | News

Affordable Housing Reaches Crisis Levels in Austin

Lisa Brown | September 17, 2018

According to Austin’s Strategic Housing Blueprint, the city will need 60,000 new housing units for low-income families, plus another 75,000 market-rate units to meet its housing needs in the next decade.

Dallas/Fort Worth | News

JLL Team Joins Walker & Dunlop To Set Up Dallas Office

Mary Ann Azevedo | September 17, 2018

Dallas marks the third new market that Walker & Dunlop’s investment sales group has entered so far this year.

National |

Government Properties, Select Income REIT to Merge

Erika Morphy | September 17, 2018

The company will change its name to Office Properties Income Trust.

National | News

Investcorp Acquires US Warehouse Portfolio for $300M

Erika Morphy | September 17, 2018

At 56 assets, this is the company’s largest US warehouse portfolio deal to date.

Carolinas | Analysis

For CRE, Florence Packed Less Of A Wallop Than Feared

David Wilkening | September 17, 2018

Damages from Florence are still too early to assess but indications are that it will less impact on commercial real estate than some previous hurricanes.

National |

Wood-Based Office Towers Growing Popular

Brian J. Rogal | September 17, 2018

The need for energy efficiency and sustainability has also brought the idea of wood buildings back.

National | News

3 LaSalle Hotels Are Under Contract For $715M

Erika Morphy | September 17, 2018

More sales are to come: Pebblebrook plans to sell between $500 million to $1 billion of hotels after the merger is complete.

Dallas/Fort Worth | News

Glass Continues to Take Center Stage in Building

Lisa Brown | September 16, 2018

Independent Bank Group’s headquarters will be enclosed with View Dynamic Glass, providing workers with unobstructed views and optimized natural daylight, which promote a more productive environment.

International | News

Ascendas-Singbridge Enters US With Office Portfolio Deal

Erika Morphy | September 14, 2018

The 3.3 million square foot portfolio is located in Portland, Raleigh and San Diego.

Denver | News

Ares Sells Stake in Colorado Resort in Development

John Jordan | September 14, 2018

The 1,500-room hotel and convention center located less than 10 minutes from the Denver International Airport and 25 minutes from downtown Denver is expected to begin operations in the fourth quarter of this year.

National | News

Starbucks Commits to 10,000 ‘Greener Stores’ by 2025

John Jordan | September 14, 2018

“Simply put, sustainable coffee, served sustainably is our aspiration,” said Kevin Johnson, president and CEO of Starbucks.

Dallas/Fort Worth | News

No Stopping Allen Growth

Lisa Brown | September 13, 2018

Construction in general is booming in Allen, as it is across North Texas, with numerous residential, retail and office projects underway in Allen and Collin County, including the Collin College Technical Campus.

Salt Lake City | News

MTN Retail Advisors Adds Tenant Representation Division

John Jordan | September 13, 2018

The new tenant representation team also includes tenant advisors Ted Lacy, Tyler Roeller and Josh Evans. Together, they bring more than 40 years of experience, working with retailers like Ace Hardware, Wendy's and The Little Gym International across the US.

Atlanta |

Virtua Partners Invests $500M in Hotel Equities

Erika Morphy | September 13, 2018

The capital will be used for acquisitions, organic growth and strategic investments into various hospitality assets.

National | Q&A

Climate Change’s Inexorable Approach To CRE

David Wilkening | September 13, 2018

"According to data by Climate Central, a quarter of Boston could be underwater by 2045. Additionally, catastrophic flooding in New York City may become more common over the next few decades, as pointed out in a 2017 study by Rutgers."

Houston | News

Multifamily Deliveries Ramp Up After Harvey

Lisa Brown | September 12, 2018

With a slowdown in apartment deliveries during the last year as part of the recovery from Hurricane Harvey, average occupancy rate elevated amid sustained rental demand as of the second quarter.

Detroit | News

New JPMorgan Chase Fund to Invest $500M in 30 US Cities

John Jordan | September 12, 2018

JPMorgan Chase issued a request for proposals today for cities to apply for possible funding that closes on Nov. 30, 2018. Winners will be announced in the spring of 2019.

National | Expert Opinion

How to Pick A PropTech Winner

Erika Morphy | September 12, 2018

“That is what we want: companies whose customers can’t think of a world without their product.”

Dallas/Fort Worth | Research

Retail Occupancy Keeps Grip Despite Sears Spiral

Lisa Brown | September 11, 2018

Despite the so-called death of retail, which includes this year’s bankruptcy of Toys R Us and Sears closing three North Texas stores for a total of 1 million square feet, DFW’s retail fundamentals are strong.

National | News

Gosin, Futterman Call RKF Deal Transformative, Despite Reported Troubles

John Jordan | September 11, 2018

Gosin stresses to Globest.com that all the RKF brokers the company had hoped would stay on, did in fact join the now merged Newmark RKF.

International | News

Investcorp Acquires Office Campus in Germany for Nearly $100M

John Jordan | September 11, 2018

Investcorp, which is headquartered in Bahrain and has offices in New York City, says the deal involves the firm’s second real estate investment in Germany.

International | News

Colliers Expands Quebec Operations with RE Services Firm Buy

John Jordan | September 11, 2018

The deal expands Colliers International’s existing operations in Quebec by adding Landmark and its team of 30 real estate professionals.

Dallas/Fort Worth | News

Retail Center Tacks on $100M+ Refinancing

Lisa Brown | September 10, 2018

Situated at the intersection of Broadway Avenue and the TX-Loop 49 toll road, the Village at Cumberland Park is positioned in the middle of the East Texas trade area, surrounded by the growing Tyler market.

International | News

CBRE Global, Madison Partner on $1B Deal for Housing in Spain

John Jordan | September 10, 2018

The portfolio consists of 65 primarily mid-market apartment block buildings of which approximately 70% are located in and around Madrid.

Dallas/Fort Worth | News

Frisco Expects 50% Population Growth in a Decade

Lisa Brown | September 10, 2018

Bascom acquired Jefferson Stonebriar, a newly built 424-unit class-A multifamily community in Frisco from the developer, JPI, and the area has recorded record-setting population and economic expansion.

National | Analysis

How One Firm Lowered the Cost of Raising Equity for HUD

Erika Morphy | September 10, 2018

MidHudson provides the reserves by making a preferred equity investment.

Dallas/Fort Worth | Analysis

Retail’s New Black May Be The Sale Leaseback

Erika Morphy | September 10, 2018

Brinker International has completed sale leaseback transactions for 137 restaurants for $443.1 million.

National | News

OSCRE Revises Data Model For CRE

Erika Morphy | September 10, 2018

The format is more user friendly -- a more holistic approach, says Lisa Stanley, CEO of OSCRE.

National |

The Rapid Change Underway With Industrial Logistics

Kelsi Maree Borland | September 10, 2018

The Amazon effect has had a huge impact on industrial logistics and warehouse design, and it will continue to change rapidly over the next decade.

Dallas/Fort Worth | News

DFW Construction Retreats Due to Large Completions

Lisa Brown | September 09, 2018

Commercial construction may have reported a decrease in the DFW area, but there is only continued growth in the multifamily sector, specifically in the larger sized projects.

Boston | News

Related Invests in Expanding 5G Wireless Broadband Firm

John Jordan | September 07, 2018

Starry Internet is currently available at Related residential properties in Boston and Los Angeles and will expand to its New York City properties this fall.

Atlanta |

2 REITs Explore Their Strategic Alternatives

Erika Morphy | September 07, 2018

They are CNL Healthcare Properties II and Columbia Property Trust.

International |

Marcus & Millichap Enters Montreal Market with Brokerage Purchase

John Jordan | September 07, 2018

The Calabasas, CA-based commercial real estate investment firm reports the deal compliments its existing Canadian operations.

National | News

Fannie Mae Introduces Reinsurers To MF Debt

Erika Morphy | September 07, 2018

New liquidity will be introduced into the market once the credit risk transfers become a regular event.

National | News

Data Centers Ready for Demand Amid Economic Uncertainty

Lisa Brown | September 06, 2018

JLL’s analysis of the data center industry reveals that the US, Canada, EMEA and APAC amassed a staggering 421.2 megawatts, with the US and Canada leading absorption, up 31.9% from YOY 2017.

Houston | News

North Cypress Med Center Nets IRR of 17%

Lisa Brown | September 06, 2018

The $148 million sale resulted in an approximate $100 million gain for Medical Properties Trust which plans to use proceeds to make additional investments in US hospital real estate and elsewhere.

National | Breaking News

Pebblebrook, LaSalle Enter Into $5.2B Merger Agreement

Erika Morphy | September 06, 2018

The transaction represents a 48% premium to LaSalle’s unaffected share price, according to LaSalle CEO Michael D. Barnello.

National | News

AG Mortgage Trust Enters Single-Family Rental Market With $140M Deal

Erika Morphy | September 06, 2018

The REIT has acquired a 1,225-asset portfolio for $140 million.

National | News

Newmark Group Closes on RKF Retail Holdings Buy

John Jordan | September 06, 2018

The purchase of RKF, according to Robert K. Futterman, who will serve as chairman of Newmark RKF, Newmark’s retail leasing division, will bring Newmark Group “one step closer to creating a platform that will reshape and significantly impact the retail industry.”

Resources

4 Questions to Diagnose CRE Bridge Loans

From Silver Hill Funding

These 4 key considerations will help you better diagnose a CRE borrower’s financing request and determine the correct bridge loan solution for your client.

Download Resource ›
Advantages of a Higher Due Diligence Standard

From EBI Consulting

Due diligence can be a daunting requirement to navigate in CRE transactions. Learn about the different Property Condition Assessment types, including those tailored to support acquisitions.

Download Resource ›

Browse More Resources →

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