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Call, TX · Real Estate
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Peachtree and Lone Star PACE Facilitate C-PACE Funds for Renovation of MCM Elegante Hotel Beaumont
BEAUMONT, Texas—Peachtree Group, alongside Lone Star PACE, announced the closing of a $11 million Commercial Property Assessed Clean Energy (C-PACE) transaction for the redevelopment of the MCM Elegante Hotel. The project will transform the existing hotel into a 287-key, dual-branded Courtyard and Element Hotel by Marriott. The Courtyard portion...
12NewsNow
Affordable apartments to be built on Concord Rd in north end of Beaumont
BEAUMONT, Texas — A new affordable housing development is set to break ground in Beaumont in the coming weeks, aiming to provide lower-cost living options for families as rent prices continue to rise. The Riva Ridge Apartments, planned for the 6000 block of Concord Rd behind Target, will include more than 60 units across three buildings and is expected to be completed within about 15 months.
Houston Agent Magazine
M/I Homes and Meritage Homes acquire land for Trinity Landing community
M/I Homes and Meritage Homes closed on 309 acres along Highway 90 in Dayton for Trinity Landing, a jointly developed community between the two builders. “The Grand Parkway is positioning the east side of Houston as a desirable destination where people can find affordable homes with easy access to employment corridors and a growing retail sector,” Jay McManus, Houston division president of M/I Homes, said in a press release. “This area is expanding, and we are excited to be part of its transformation.”
constructiondive.com
Construction starts growth masks underlying weakness
Groundbreakings improved to start the year in January, but a closer look at that growth reveals general weakness, according to Dodge Construction Network. Total construction starts increased 0.7% month over month in January to a seasonally adjusted annual rate of $1.24 trillion. Nonbuilding activity, which includes electric power and utility construction, however, accounted for a majority of that jump, said Eric Gaus, chief economist at Dodge Construction Network.
kissrocks.com
Cities with the fastest-growing home prices in the Beaumont metro area
Cities with the fastest-growing home prices in the Beaumont metro area. The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties. The typical home value in the United States...
12NewsNow
Beaumont council backs senior housing on Phelan Blvd amid rising need
BEAUMONT, Texas — The Beaumont City Council voted 4-3 Tuesday to support a proposed 66-unit senior housing development on Phelan Boulevard, a move that allows the project to compete for state low-income housing tax credits. The resolution followed extended debate over traffic, infrastructure and whether Beaumont already has a...
Houston Agent Magazine
HAR starts key-share agreement with Beaumont Board of REALTORS®
The Houston Association of REALTORS® entered into a key-share agreement with the Beaumont Board of REALTORS®. The reciprocity accord means expanded property access for real estate agents in southeast Texas, HAR said, as HAR MLS subscribers with Supra eKEYs will now be able to open Supra lockboxes in the Beaumont area.
KFDM-TV
Port Arthur residents urge motel closure
For residents living at the Port Arthur Inn, what was once a postcard-worthy property has become a place they describe as unsafe and unhealthy, with some calling for it to be shut down. The motel, formerly known as the Holiday Motor Hotel on Gulfway Drive, is a 64-year-old property that...
y100fm.com
Beaumont's 2025 housing market year in review
In 2025, the U.S. housing market largely continued the sluggish trends that have defined the post-pandemic years: high prices, elevated mortgage rates, and persistent economic uncertainty. Historically few homes sold through November 2025, and as sellers struggled to find buyers, many chose not to list at all. That pullback reduced inventory throughout the year, which in turn kept prices elevated.
woodallscm.com
NAI Outdoor Brokers Announcing Sale of Texas Campground
NAI Outdoor Hospitality Brokers announces a recent closing, Grand Pines of Texas RV Resort in Beaumont, TX, a 100-space RV resort catering to long-term stay guests with 70+ acres for expansion, according to a press release. Jesse Pine represented the seller. The seller was a local investment partnership and the...
hoodline.com
Arabella Crossing’s 3,000 Homes Poised To Transform FM 1960 Near Dayton
A roughly 1,074-acre master-planned neighborhood is on the way to the north side of FM 1960 in the Dayton area, large enough on paper to eventually hold more than 3,000 homes. Developers say the community, marketed as Arabella Crossing and referenced in some broker materials as Arabella Reserves, will feature parks, walking trails and commercial space along FM 1960. Phase I is expected to roll out a substantial first wave of lots that will set the tone for a much larger buildout along the corridor.
hoodline.com
Mill House Breaks Ground As Mont Belvieu's Downtown Finally Rises
Mont Belvieu’s long talked about “real downtown” is finally turning into something you can actually walk through. Construction crews have started work on the Mill House, the first commercial building to go vertical in Riceland Town Center, giving the master-planned community its first tangible piece of a future walkable core with restaurants, shops, and offices wrapped around a public green. Sitting next to the city’s recently built municipal campus, the project is expected to set the tone for a wave of commercial construction that residents have been waiting for years.
realtynewsreport.com
Riceland: 4,500 Homes, 30 Miles of Trails – and The Millhouse
MONT BELVIEU, Texas – (Realty News Report) Houston-based developer McGrath Real Estate Partners has broken ground on Millhouse, a 16,956-SF retail development in Riceland Town Center, within the company’s 500-acre Riceland master-planned community in Mont Belvieu. Riceland Town Center anchors the growing community and will also feature a...