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Round Rock, Texas

Updates on Round Rock Homes for Sale

JV acquires new apartment community in Metro Houston

January 18, 2022
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​​​ROSENBERG – Sueba USA has sold Town Center Lofts​ to a joint venture of Redwood Capital Group and Heitman.  Built in 2021, the 309-unit property has studio and one- and two-bedroom floor plans ranging from 560 to 1,207 sf. Amenities include two pools, a 24-hour fitness center, community clubroom with a chef-inspired kitchen, and package lockers. Berkadia represented the seller. The […]

Seven DFW multifamily properties sold

January 17, 2022
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​​FORT WORTH – Marcus & Millichap brokered the sale of seven multifamily properties totaling 1,162 units. The assets sold for a total of $120 million to a variety of investors, both local and out of state. The properties are the: 484-unit Meadow Ridge, built in 1981 at 3101 W. Normandale St​. in Fort Worth; 265-unit Villas at […]

Housing Affordability Conditions Slightly Weaken in November

January 14, 2022
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At the national level, housing affordability slightly fell in November compared to the previous month according to NAR’s Housing Affordability Index. Compared to the prior month, the monthly mortgage payment increased by 0.9% while the median family income rose modestly by 0.2%. Compared to one year ago, affordability declined in November as the median family […]

Four-property office portfolio changes hands in southwest Fort Worth

January 14, 2022
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​FORT WORTH – SporTherapy Portfolio, a four-property medical office portfolio, ​has been sold. The assets include physical therapy offic​es totaling 30,377 sf at 6501 Harris Pkwy. Marcus & Millichap brokered the deal on behalf of the buyer, a limited liability company, and the seller, a partnership. The Texas Real Estate Research Center has more DFW medical news on our website for free.  ​​Source: […]

Instant Reaction: Retail Trade Sales, January 14, 2022

January 14, 2022
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U.S. advance estimates of retail and food service sales for December 2021 tumbled from the prior month amid heating inflation, supply chain disruptions, labor issues, and the omicron variant. Retail sales recorded a seasonally adjusted total of $626.8 billion in December, a decrease of 1.9% from November. In spite of numerous macroeconomic headwinds, retail sales […]

Partners Capital buys two-building shopping center

January 14, 2022
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​HOUSTON – Partners Capital has acquired Bay Pointe Shopping Center, a two-building, 98,522-sf retail center. The project is fully leased. The new owners will​ add 30,000 sf of inline retail space to the project.​ CBRE represented the seller. Financing was provided by Veritex Bank. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly […]

Survey: Inventory biggest hurdle for real estate professionals in 2021

January 14, 2022
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​​​COLLEGE STATION – Inventory was the biggest problem Texas real estate professionals faced last year, according to an informal survey conducted by the Texa​s Real Estate Research Center.  The survey asked respondents what their biggest real estate "pain points" were in 2021.  Low inventory and keeping up with demand were the main hurdles for 21.5 percent of the 121 respondents.  Other issues real […]

Dallas investor snaps up Denton retail center on I-35

January 13, 2022
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​​​DENTON – Steeplech​ase Ventures LLC has purchased the 166,225-sf Presidio Plaza shopping center on I-35. Originally built as an outlet mall, the shopping center was remodeled and expanded by 30,000 sf. LAD Ventures LLC sold the property in a deal brokered by JLL. The property is 90 percent occupied. The Texas Real Estate Research Center has […]

Instant Reaction: Mortgage Rates, January 13, 2022

January 13, 2022
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“Mortgage rates surged in the second week of the new year. The 30-year fixed mortgage rate rose to 3.45% from 3.22% the previous week. If inflation continues to grow at the current pace, rates will move up even faster in the following months. Nevertheless, the Fed has already started its efforts to control inflation by […]