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REAL ESTATE
‘Come and get this trash’: Garbage-filled SE Houston apartment complex files foreclosure after resident complaints
HOUSTON, Texas – The Arlington Place Apartments on Edgebrook Drive, the center of multiple KPRC 2 reports, has filed for foreclosure. According to the Harris County Clerk’s Office, the foreclosure was filed on Tuesday, July 16th. The sale of the complex is scheduled for Tuesday, Aug. 6. For...
Houston single-family lease prices climb to “unprecedented” levels
While home sales declined, the average single-family rental price reached an all-time high. (Courtesy Pexels) While home sales slowed across all pricing sectors this June, lease prices climbed to an “unprecedented” level, according to the Houston Association of Realtors' June rental market report. By the numbers. According to...
Houston-area home sales decline for second consecutive month
Home sales declined for a second consecutive month while available homes increased. (Courtesy Adobe Stock) June marked the second consecutive month of declining home sales compared to 2023 levels, according to the Houston Association of Realtors' June market update. This sales slowdown also coincided with an increase in available homes, according to the report.
Camden Moving HQ to Williams Tower
HOUSTON – (Realty News Report) – The Camden Property Trust apartment firm is leaving Greenway Plaza and moving its headquarters to the 64-story Williams Tower, less than two miles away. Camden Property Trust leased 104,013 SF in the office tower, which was developed by Hines adjacent to The...
Caldwell Communities to open 204-unit rental community in Cypress, Tomball area
Mirella will begin preleasing rental homes in August. (Rendering courtesy Caldwell Communities) Caldwell Communities, a Houston-based developer, is building Mirella, the company’s first single-family build-to-rent community, President of Multifamily Development Todd Johnson said. The project, set to begin preleasing homes in August, will have 204 units, Johnson said. Johnson...
Hamilton Point Investments Grows Its Texas Portfolio to $450 Million
Real estate private equity firm Hamilton Point Investments (HPI) has acquired a four-property Houston multifamily portfolio built in 2022. The 1,174 units were purchased for $195 million, bringing HPI’s Texas portfolio total to 10 properties worth $450 million. The portfolio includes 360 units at Prose Champion and 361 units...
Finance exec says now is a good time to buy apartments
More than two years after the Federal Reserve’s interest rate hikes began, some real estate investors are still sitting on the sidelines, waiting for more clarity on pricing. Hamilton Point Investments isn’t one of those companies. In May and June, the Old Lyme, Connecticut-based multifamily investor bought four Houston...
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