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San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • Apartment vacancies in metro Denver in the third quarter dropped almost a full percentage point to 3.9 percent, according to the latest Denver Metro Area Apartment Vacancy and Rent Survey. In the second quarter, the vacancy rate was 4.7 percent. From second to third quarter, the average rent in the metro area rose to $1,145 per month, about a 2 percent increase over the previous quarter when the average rent was $1,117 per month. The data in the report are compiled quarterly by the University…

  • Dallas-based privately-held real estate investment firm Oxford Enterprises Inc. has received $46.7 million in financing for two large Dallas-Fort Worth apartment properties. The apartment complexes — The Bluffs at Ironhorse in North Richland Hills and Stone Villas in northwest Fort Worth — totaling 886 homes were purchased by the new owner in two separate transactions. Oxford financed The Bluffs with a $34.7 million, 10-year, fixed-rate Fannie Mae loan through M&T Realty Capital Corp. The…

  • A Dallas-based real estate investment firm has bought a Turtle Creek office building, with plans to spend a significant amount of capital renovating the property. Cardinal Capital Partners Inc. has acquired 3131 Turtle Creek Blvd. at the intersection of Turtle Creek and Cedar Springs Road near Uptown and Highland Park. "3131 Turtle Creek is one of the premier office locations in Uptown that has gone somewhat unnoticed during the past cycle," Cardinal President Gil Besing said in a statement. "The…

  • The University of Hawaii Shidler College of Business held an open house for students and faculty to meet the school's namesake, Honolulu real estateThe University of Hawaii Shidler College of Business held an open house for students and faculty to meet the school's namesake, Honolulu real estate investor Jay Shidler. Shidler, who gave the school $25 million in 2006, last week increased his giving to his alma mater to $100 million. Shidler was joined by Vance Roley, dean of the business school,…

  • Hard Rock Cafe rolled out the red carpet and smashed the guitars Thursday for its grand reopening on Downtown Memphis' Beale Street. Check out the festivities in the slideshow to your right. Also, check out our interview with Hard Rock CEO Hamish Dodds about his wanting to build a new, 200-room Hard Rock Hotel on Beale Street. Featuring performances by legendary soul group The Bar-Kays and deejayed by Memphis Jones, the event kicked off a new beginning for the restaurant at 126 Beale. Hard Rock…