The credit provides $1,000 or $2,000 to contractors or developers for newly built or substantially renovated energy-efficient residential dwelling units that are purchased, leased or rented from the contractor and used as a residence.
An affiliate of The Axton Group recently closed on the acquisition of the Renaissance Austin Hotel for $70 million representing more than a 50% discount to replacement cost.
Aerospace manufacturer Bell Textron recently signed a long-term 109,187-square-foot lease for the entire four-story building at 4151 Amon Carter Blvd. that formerly housed the American Airlines Federal Credit Union.
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