Texas CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. hbspt.forms.create({ portalId: "6064756", formId: "1d58b6a0-8b69-45dd-975b-4c8bfc5d11e8" }); More Texas Stories More Stories Warning: Undefined variable $propertysector in /var/www/html/wp-content/themes/connect/hubpage.php on line 899 Warning: Undefined variable $propertysector in /var/www/html/wp-content/themes/connect/hubpage.php on line 972 Warning: Undefined variable $market in /var/www/html/wp-content/themes/connect/hubpage.php on line 972 Warning: Undefined variable $propertysector in /var/www/html/wp-content/themes/connect/hubpage.php on line 1252 Warning: Undefined variable $market in /var/www/html/wp-content/themes/connect/hubpage.php on line 1252 Hone your competitive edge today with Connect Classroom, an accredited online Continuing Education provider offering CRE focused courses you can take on demand. 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The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Austin Stories JLL Capital Markets Negotiates Sale of New Adult Apartment Community in Austin Texas + Austin + Apartments | April 13, 2022 JLL Capital Markets announced today that it has closed the sale of the newly built ArborView, a 151-unit, age-restricted (62+) active adult apartment community in Austin. JLL represented the seller, Cadence Multi-Family, in the sale of the property to Sparrow Partners. The buyers assumed the existing HUD financing on the project. Opened in 2021, ArborView … Hilco Real Estate Completes Austin-Area Development Land Sales Texas + Austin + Finance | April 12, 2022 Hilco Real Estate (HRE) has completed bankruptcy sales on eight of ten tracts within the 173± acre prime interstate development, known as Longhorn Junction. The parcels sit along I-35, just north of Austin’s Central Business District in Georgetown, TX. The eventual sale was proceeded by numerous setbacks throughout the bankruptcy process; including COVID-19, the filing … Latest Dallas-Fort Worth Stories JLL Capital Markets Arranges Acquisition Financing for Hotel in North Austin Texas + Dallas-Fort Worth + Hospitality | April 14, 2022 JLL Capital Markets has arranged acquisition financing for La Quinta Inn & Suites by Wyndham, a 75-key hotel in Cedar Park, TX. JLL worked on behalf of the borrower, Door Capital Partners, to secure the five-year, fixed-rate loan through Alliance Bank Central Texas. Completed in 2009, La Quinta Inn & Suites, which sits on 4.02 … Comunidad Partners Acquires 437-Unit Multifamily Complex in Dallas Texas + Dallas-Fort Worth + Apartments | April 14, 2022 Comunidad Partners, a real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, has acquired Villas del Zocalo 4, a 437-unit affordable housing community in Dallas, TX. This acquisition is Comunidad’s eleventh asset in the Dallas-Fort Worth market. The transaction amount was not disclosed. “The Dallas-Fort Worth market is … Connect TeamMichael ThwaiteChief Technology OfficerDennis KaiserVice President, Public Relations & CommunicationsJennifer LloydCreative DirectorView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Houston-Galveston Stories Jones on Main Adds Three Tenants to Historic Building in Houston Texas + Houston-Galveston + Office | April 13, 2022 Jones on Main, the 890,380 square-foot historic building located at 712 & 708 Main Street in Downtown Houston, has added SWA Group, Traffic Engineers, Inc., and Drumheller, Hollingsworth & Monthly, LLP to the building’s tenants list totaling nearly 30,000 square feet of office space. SWA Group expanded its lease to 16,989 square feet. Parker Duffie … The Lynd Group Sells Houston-Area Apartment Community for $53.9 Million Texas + Houston-Galveston + Apartments | April 12, 2022 The Lynd Group has sold a 312-unit apartment community near Houston for $53.9 million- the second disposition of a value-add portfolio asset in that market over the past 30 days. The Villas at Valley Ranch closed on April 8, approximately nine months after the San Antonio-based real estate company acquired it for $39 million. The … Latest San Antonio Stories Net Absorption is the Word of the Day for 1Q San Antonio Industrial Market, Report Says Texas + San Antonio + Industrial | April 14, 2022 The San Antonio industrial market opened the new year with over 4.7 million square feet of quarterly net absorption in Q1 2022, according to a CBRE San Antonio Industrial Report. The report says the space absorbed is the most the San Antonio industrial market has seen in a singular quarter. The net absorption rate was … San Antonio’s Largest Industrial Spec Development to Date Breaks Ground Texas + San Antonio + Industrial | April 13, 2022 Oakmont Industrial Group has broken ground for its 639,595-square-foot Oakmont 410 project, the largest industrial spec development to date in San Antonio. The development is expected to be completed by the end of the year. “With the San Antonio industrial market vacancy rate tightening all the way to just 4.6% as of the end … Latest State of Texas Stories Magma Equities Acquires 1,361-Unit Texas Multifamily Portfolio Texas + State of Texas + Apartments | April 13, 2022 Magma Equities, a Manhattan Beach, CA-based real estate company that repositions Class A and B apartment communities nationwide, has acquired a portfolio of 1,361 multifamily units from Hilltop Residential. The majority of the acquisitions are in the Dallas/Fort Worth, Houston, and San Antonio markets. The acquisition represents Magma’s entry into the San Antonio and Houston … Jimmy Buffett Inspired Latitude Margaritaville Communities Expanding to Texas Texas + State of Texas + Apartments | April 13, 2022 Florida-based Margaritaville and Minto Communities USA announced that Latitude Margaritaville is expanding into Texas with initial sights set on the Austin, Dallas, and Houston markets. Latitude Margaritaville communities are being developed by Minto and global lifestyle brand, Margaritaville. These adult communities, which are inspired by Buffett’s song writing, currently number three, Latitude Margaritaville Daytona Beach, …