4+ day, 14+ hour ago  (304+ words) Thakkars owe nearly $28 M in unpaid taxes, fees: lawsuit Just weeks after revealing plans to convert the Midtown office tower they bought online at a bargain price, the property's Texas-based owners are now accused of failing to pay nearly $28 million…...

4+ day, 16+ hour ago  (349+ words) NRP Group is preparing for another San Antonio multifamily project, adding to the Ohio-based firm's stocked portfolio of Texas properties. NRP Group filed plans to build a multifamily complex at 13388 West Hwy 90, a 20-acre site west of Loop 1604 near the…...

4+ day, 18+ hour ago  (329+ words) Cyberattack from hacker group reportedly affected 310 K accounts If it wasn't bad enough that Cushman & Wakefield was targeted in a cyberattack that reportedly compromised more than 300, 000 accounts, now it's being sued over the data breach. Commercial tenant Michelle Milewski filed…...

4+ day, 21+ hour ago  (140+ words) Lennar sold majority stake in multifamily developer after years of losses "This submarket is one that we've had our eye on," Atlas co-founder Arvind Chary said of Katy, adding that "supply is contracting and demand drivers remain intact" in the…...

1+ week, 2+ day ago  (451+ words) A closely watched development site in Montrose is finally inching toward construction with a price tag of nine figures." The multifamily component of Skanska USA's planned mixed-use project at Westheimer Road and Montrose Boulevard is expected to cost more than…...

1+ week, 2+ day ago  (330+ words) Austin developers expected to open 1. 5 M square feet of shopping space this year Austin-based firm Riverside launched a new retail brokerage division. The commercial real estate company formerly known as Riverside Resources tapped leasing agent Travis Robertson to lead the…...

1+ week, 4+ day ago  (235+ words) Former anchor tenant vacated 99 percent of the building's space in 2022 Foreclosure looks likely for a mostly empty Houston office building. JPMorgan Chase & Company issued an $80 million loan to the borrowers in 2020 that matured in March 2025. In the interim, the loan…...

1+ week, 5+ day ago  (464+ words) Brokerage plies boutique appeal: "We'll never want to have thousands of agents" Texas agents from three different franchises left for Douglas Elliman recently, with some citing the brokerage's relatively small size as a draw. Douglas Elliman brought on three teams…...

1+ week, 6+ day ago  (269+ words) Most of the troubled loans are tied to apartment complexes purchased in 2021 or 2022 Commercial real estate distress across Texas cooled in April, but the chill was short-lived." The total value of loans flagged for foreclosure this month surged past $1 billion…...

2+ week, 2+ day ago  (358+ words) Trade comes a year after the Atlanta-based REIT picked up Sail Tower for $522 M Cousins Properties is dumping an aging office building in Downtown Austin a year after picking up the newly-built Sail Tower." The real estate investment trust based…...