Spring
Spring, TX · Business
Newsweek
Property Tax to See Historic Rise in America’s Third-Largest County
Texas’ Harris County is facing a budget shortfall of over $180m for the upcoming fiscal year. The solution? A property tax hike.
realtynewsreport.com
1,200 Design Forward Homes Coming to Brookshire
HOUSTON – (Realty News Report) – Century Communities announced the opening of Mirabella, a community designed for nearly 1,200 homes in Brookshire that will introduce redesigned homes for modern living. Century Communities, a Colorado-based developer and builder operating in 35 communities across the Houston region, will unveil new...
yieldpro.com
Hunington Residential Sells Its Third Houston Multifamily Disposition The Vic at Jordan Ranch
Hunington Residential, the residential development arm of Hunington Properties, Inc., announced the sale of The Vic at Jordan Ranch, a 365 unit, approximately 302,619-square-foot multifamily community located at 2011 Texas Heritage Parkway in Katy, Texas, to an institutional buyer. The community was approximately 92% occupied at the time of sale, reflecting strong lease-up performance and sustained renter demand in the Katy and Fulshear corridor.
farms.com
Splintered Oak Equipment Acquires 3 New Holland Locations from WC Tractor in Texas
Splintered Oak Equipment, an 8-store New Holland dealership group in Texas, will acquire WC Tractor's 3 New Holland dealership locations in Brenham, Dayton and Sealy, Texas. The transaction, facilitated by Performance Brokerage Services, brought together two organizations whose experience, values, and long-term objectives aligned to create a strong strategic fit and position the dealerships for continued growth and success.
realtynewsreport.com
Fulshear’s Cross Creek West Expands into Luxury Homes
HOUSTON – (Realty News Report) – Luxury home buyers will soon have a new option in Fulshear in the next phase of the Cross Creek West master planned community. Johnson Development will expand the 1,258-acre community into the luxury market with the addition of new builders and larger lot sizes in the community’s north tract. The Houston-based developer will add 250 homesites in the first phase of the north tract by the end of the year, including newly available 65-, 70- and 80-foot wide lots. The north tract’s first phase will also contain lots from 45 to 60 feet wide. Builders are expected to begin selling new homes next spring.
spectrumlocalnews.com
Texas ranks top in restaurant closures in the U.S., data shows
TEXAS — National data shows more restaurants are closing in Texas than anywhere else in the country, with Houston topping the list of cities. But local businesses and organizations are finding creative ways to navigate a tough economy and boost the industry. Shawn Virene opened a’Bouzy nine years ago...
Yahoo!
Houston Mayor John Whitmire pledges not to raise property taxes despite long-term financial pressure
Houston Mayor John Whitmire pledged Wednesday not to raise the city's property tax rate, a day after Harris County commissioners approved the highest county rate in modern history to help close a budget deficit. Whitmire repeatedly has touted that he has navigated significant budget shortfalls without raising taxes, even taking...
multihousingnews.com
Hunington Properties Sells Houston-Area Community
The transaction was one of three recent multifamily acquisitions for the new owner. Hunington Properties has sold The Vic at Jordan Ranch, a 365-unit multifamily community in Katy, Texas, according to Yardi Matrix. ORIX Capital Markets acquired the Houston-area asset in a deal estimated at $66.9 million, the same source shows. Colliers arranged the transaction on behalf of the seller.
bktoday.org
Austin’s Waterline Ends Houston’s 40-Year Hold on Texas’ Tallest Building With a 1,025-Foot Tower Rising 23 Feet Above Jpmorgan Chase Tower
AUSTIN, TX — Austin now owns the title of Texas’ tallest building after completion of Waterline, a 74-story mixed-use tower in downtown Austin that reaches 1,025 feet. Developer and construction company DPR Construction say the project is finished and that the tower now stands 23 feet above Houston’s JPMorgan Chase Tower.