Houston Real Estate News

Owner selling big stake in Greenway Plaza - Houston Chronicle

Fri, 02/17/2017 - 19:40

Houston Chronicle

Owner selling big stake in Greenway Plaza
Houston Chronicle
The owner of the iconic Greenway Plaza and neighboring Phoenix Tower is selling nearly half of its interest in the two high-profile office properties for $512.1 million. Parkway Inc., a Houston-based real estate investment trust that spun out of last ...
Parkway Agrees To Sell 49% Interest In Houston Greenway PortfolioPR Newswire (press release)
Canada Pension Plan Investment Board Signs Agreement to Acquire 24.5% Interest in Houston Office PortfolioMarketwired (press release)

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Queen Cora Coleman, drummer for Beyonce, Prince, sets sights on Houston real estate - KPRC Houston

Fri, 02/17/2017 - 17:34

KPRC Houston

Queen Cora Coleman, drummer for Beyonce, Prince, sets sights on Houston real estate
KPRC Houston
HOUSTON - Queen Cora Coleman is a world-renowned percussionist born and raised in the Bayou City. She has been lead drummer for Prince as well as for fellow Houstonian Beyonce. She played during each of their halftime performances at past Super ...

25 Houston properties sold as part of $1 billion portfolio - Chron.com

Fri, 02/17/2017 - 13:17

25 Houston properties sold as part of $1 billion portfolio
Chron.com
Real estate investment firm DRA Advisors paid $1.07 billion to buy 184 industrial facilities in 21 U.S. markets from Cabot Properties. The 25 Houston properties represent about 10 percent of the total value and square footage exchanged, said Jim ...

Witness: 'It was her or me,' Durst said about slain friend - Houston Chronicle

Thu, 02/16/2017 - 20:00

Houston Chronicle

Witness: 'It was her or me,' Durst said about slain friend
Houston Chronicle
LOS ANGELES (AP) — A close friend who for years didn't want to believe Robert Durst was capable of homicide dropped a bombshell Thursday implicating the real estate heir in two killings. Nathan "Nick" Chavin testified in Los Angeles Superior Court ...
Mystery witness once close friend of Durst and slain victimChron.com

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HBJ reveals the 2017 Residential Real Estate Awards finalists - Houston Business Journal

Thu, 02/16/2017 - 17:57

Houston Business Journal

HBJ reveals the 2017 Residential Real Estate Awards finalists
Houston Business Journal
Each year, HBJ recognizes the top-selling agents and teams in our Residential Real Estate Awards, based on five of our Lists. The rankings of each List will be revealed at the awards event in March, but all of the agents and teams on The Lists appear ...

Midtown Houston's Real Estate Market Has Your Dream Home - Patch.com

Thu, 02/16/2017 - 04:46

Patch.com

Midtown Houston's Real Estate Market Has Your Dream Home
Patch.com
Houston's Midtown area is the most sought after region when it comes to families looking for a new place to call home. The listings on indicate the housing market is booming, and that there is a real variety of home choices, ranging from the small ...

The Houston Heights Real Estate Listings Are Out: Let's Find Your New Home Today - Patch.com

Thu, 02/16/2017 - 04:21

Patch.com

The Houston Heights Real Estate Listings Are Out: Let's Find Your New Home Today
Patch.com
If you're in the market for a new home, some of the premier homes in the Houston real estate market are found in the Heights. In fact, there are a variety of choices from the small starter homes for those brand new couples, to the well-established ...

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Houston Area Real Estate Listings: Find Your New Home Today - Patch.com

Wed, 02/15/2017 - 14:26

Patch.com

Houston Area Real Estate Listings: Find Your New Home Today
Patch.com
Houston Area Real Estate Listings: Find Your New Home Today. The Metro Houston housing market is booming, and offers a variety of choices from the small starter homes for those brand new couples, to the well-established family, to the empty nester ...

For the record: Testimony heard in case of real estate heir - Houston Chronicle

Tue, 02/14/2017 - 12:59

Houston Chronicle

For the record: Testimony heard in case of real estate heir
Houston Chronicle
LOS ANGELES (AP) — The murder case against New York real estate heir Robert Durst took a trip back in time Tuesday to the mysterious disappearance of his first wife in 1982. Prosecutors seeking to get testimony on the record now from elderly witnesses ...

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Houston office market rated at top of 'sell' list - Chron.com

Mon, 02/13/2017 - 10:33

Chron.com

Houston office market rated at top of 'sell' list
Chron.com
Property auction house Ten-X has listed Houston as the country's No. 1 "sell" market for office real estate, calling this region a "risky bet" for investors in a new report on the U.S. office sector. "A slight increase in oil prices has failed to ...

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Commercial real estate transactions - Houston Chronicle

Fri, 02/10/2017 - 17:28

Houston Chronicle

Commercial real estate transactions
Houston Chronicle
Houston-based Nitya Capital has acquired Bay Oaks, a 146-unit apartment complex at 1700 Bob Smith Road in Baytown, and Bella Vista, a 180-unit complex at 2700 S. Dairy Ashford. San Jacinto River & Rail Park has purchased 28.6 acres next to the Union ...

Q&A: Property tax consultant digs deep into real estate data - Houston Chronicle

Fri, 02/10/2017 - 17:06

Houston Chronicle

Q&A: Property tax consultant digs deep into real estate data
Houston Chronicle
Today, Houston-based O'Connor & Associates provides real estate research and data, appraisals, property tax appeals and cost segregation services to real estate professionals and consumers. Revenue in 2016 is expected to be upward of $20 million, ...

Houston real estate co.'s CFO to retire - Houston Business Journal

Fri, 02/10/2017 - 16:48

Houston Business Journal

Houston real estate co.'s CFO to retire
Houston Business Journal
A top executive at Houston-based Stewart Information Services Corp. (NYSE: STC) is retiring, the company announced in its fourth-quarter earnings statement. Allen Berryman, CFO of Stewart, will retire from the post he's held since 2008. He'll remain as ...

Houston real estate co. adds to growing portfolio with SW Houston property - Houston Business Journal

Wed, 02/08/2017 - 18:03

Houston Business Journal

Houston real estate co. adds to growing portfolio with SW Houston property
Houston Business Journal
Stone Mountain Properties acquired about 116,700 square feet of office/warehouse space near 9920 W. Sam Houston Parkway South, according to a release. The property is located along Sam Houston Parkway, just south of Bissonnet Street. Terms of the ...

Houston home prices, luxury home sales continue to increase in January - Houston Business Journal

Wed, 02/08/2017 - 18:03

Houston Business Journal

Houston home prices, luxury home sales continue to increase in January
Houston Business Journal
"The Houston real estate market is off to an impressive start for 2017, with the end of the holidays and rising interest rates spurring many on-the-fence buyers to take action in January," HAR Chair Cindy Hamann with Heritage Texas Properties said in a ...
Local housing market starts year with measured boostHouston Chronicle

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Houston-Based Peak Real Estate Management Buys Promesa Apartments In West Austin - Bisnow

Wed, 02/08/2017 - 16:08

Bisnow

Houston-Based Peak Real Estate Management Buys Promesa Apartments In West Austin
Bisnow
Promesa apartments in West Austin has a new owner. Houston-based Peak Real Estate Management purchased the 289-unit Class-A community from an undisclosed seller. Promesa was one of the first apartment complexes in Austin to participate in the ...

Houston firm acquires Beltway 8 industrial office complex - Chron.com

Tue, 02/07/2017 - 09:23

Houston firm acquires Beltway 8 industrial office complex
Chron.com
A Houston real estate company has acquired a 10.5-acre complex of industrial office/flex and warehousing space along the Sam Houston Tollway in southwest Houston. Stone Mountain Properties now has the 116,700-square-foot Beltway 8 Office Flex ...

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Real estate experts say these are Houston's top neighborhoods right now - CultureMap Houston

Tue, 02/07/2017 - 09:08

CultureMap Houston

Real estate experts say these are Houston's top neighborhoods right now
CultureMap Houston
The neighborhood located between the Katy Freeway and Highway 290 west of loop 610 ranks as Houston's hottest neighborhood for 2017, according to Redfin's annual predictions. The real estate brokerage firm determined the rankings based on search ...

Buying vs. renting: Which is best in Houston? - Houston Chronicle

Mon, 02/06/2017 - 22:17

Houston Chronicle

Buying vs. renting: Which is best in Houston?
Houston Chronicle
Mortgage interest rates are rising. Apartments rents, at least at the high end, are falling. And oil prices are heading up, bringing confidence in Houston's housing market along with it. So, is it better to buy a home or rent? A new study by real ...

Why Houston's housing market isn't as expensive as California's ... for now - Houston Business Journal

Mon, 02/06/2017 - 14:30

Houston Business Journal

Why Houston's housing market isn't as expensive as California's ... for now
Houston Business Journal
Houston homes are still relatively affordable compared to La La Land because the Bayou City has the most new home communities in the country. The lack of new home supply in California is driving prices up, according to the national real estate ...