Real Estate Blog
Exclusive: Dayton bank expanding to fourth location
A locally owned bank plans to expand its reach.
Photos: Luxe condo building wraps up construction in Houston’s Museum District
Contractors are nearly finished adding last-minute touches to the 20 luxury condominium units in The Mondrian at the Museums, the first condo project to be delivered by Houston-based Oxberry Group.
The eight-story building is located at 5104 Caroline St. in Houston’s Museum District.
Click through the slideshow at the top of the story for a look inside The Mondrian.
Oxberry Co-Principal PJ Jamea said the building has taken about two years to complete, having broken ground in February 2018.…
Giant project to bring over 900 homes to Peachtree Corners near city center
Texas residential developer Green Brick Partners Inc. plans to build a 916-unit housing development in Peachtree Corners, on the sprawling former headquarters campus of financial services company Fiserv.
Green Brick (Nasdaq: GRBK) subsidiary The Providence Group of Georgia purchased the 115-acre property on East Jones Bridge Road at Peachtree Parkway. The former Fiserv campus is just over a mile from the new Peachtree Corners Town Center.
The development will feature sweeping views of the Chattahoochee…
Howard Hughes Corp. to move HQ to Houston area, names local exec CEO following strategic review
The Howard Hughes Corp. — the developer behind local master-planned communities such as The Woodlands and Bridgeland — will consolidate its Dallas corporate headquarters into its Houston-area office in The Woodlands.
The move was announced as part of a transformation plan resulting from a review of strategic alternatives the company began a few months ago.
Along with the move, Howard Hughes (NYSE: HHC) has named a Houston-area executive as CEO. Paul Layne, previously president of HHC's Central…
Report shows slight decrease in Dallas rents month-over-month
According to a new report from RentCafé, the average rent in Dallas went down in September – but minutely.
The average September rent in Dallas was $1,235, a $47 increase since September of last year and an approximate $2 decrease since August.
Cities in Texas generally have lower average rents than the national average.
Elsewhere in North Texas, renters in Flower Mound have the highest average September rent with $1,609 a month, RentCafé reported. Flower Mound also had the second highest…
Frisco company buys $59M apartment complex in Garland
Frisco-based real estate company CAF Capital Partners appears to have purchased The Heights at Campfire Crossing, a 399-unit apartment complex in Garland, according to county deed records.
Though no purchase price was given, the property was last assessed for $58.5 million by the Dallas Central Appraisal District. Deeds say the complex was bought by an entity addressed to the offices of the CAF Cos., the umbrella company for both CAF Capital and CAF Management.
The apartment complex was sold by…
Howard Hughes Corp. to move HQ, names new CEO following strategic review
The Howard Hughes Corp. — the developer behind what will soon be seven condominium towers in Honolulu, among other properties — will consolidate its Dallas corporate headquarters into its Houston-area office in The Woodlands.
The move was announced as part of a transformation plan resulting from a review of strategic alternatives the company began a few months ago.
Along with the move, Howard Hughes (NYSE: HHC) has named a Houston-area executive as CEO. Paul Layne, previously president of…
Some Oregon cities saw rents ease in September
Renters in parts of Oregon got a break last month, according to new figures for average monthly rents.
According to the website Rentcafe.com, the average September rent in 13 Oregon cities it tracked declined from August rates while rents rose in six other cities.
Average monthly rents in those markets ranged from $1,051 in Salem to $1,662 in Lake Oswego. Some of the areas with the priciest apartments also saw a decline, including Lake O, while some of the cheaper markets, including Springfield,…
Public company says so long to Dallas, opting to place HQ in Houston area instead
Real estate developer The Howard Hughes Corp. (NYSE: HHC) will move its headquarters from Dallas to The Woodlands as part of a wide-ranging transformation plan announced Monday that also includes leadership changes.
Paul Layne, president of the company’s Central Region, has been named CEO, effective immediately. Layne will replace David R. Weinreb on the Board of Directors as well as in the chief executive position. Weinreb and President Grant Herlitz will step down from the company, according…
WPCU fund names two new nonprofit recipients
Two Dayton-area nonprofits are getting extra fundraising assistance in the next year from Wright-Patt Credit Union.
The credit union's 2019-20 Sunshine Community Fund recipients are Dayton Children's Hospital and Rebuilding Together Daytonl. The goal is to raise $260,000 for them by next June, according to a release.
“The Sunshine Community Fund was born from WPCU’s people helping people philosophy,” said Tracy Szarzi-Fors, executive director of the Sunshine Community Fund.
Over $1.2 million…