Author: Jeff Jeffrey

British Columbia, Canada-based custom homebuilder and renovator Alair Homes has opened its second Houston franchise office.

The Howard Hughes Corp. CEO Paul Layne has retired less than a year into his tenure as the head of one of the largest publicly traded real estate development companies in the country.

Phoenix-based Land Advisors Organization brokered the sale of an 873-acre tract of land in Montgomery County to a joint venture that plans to develop the property into a single-family home development.

A new report by San Antonio-based Source Strategies Inc. found that during the second quarter of 2020, revenue per average room — the industry benchmark for success — was down 61.6% in greater Houston compared to the second quarter of 2019.

A recent report by Bethesda, Maryland-based RCLCO Real Estate Advisors found that developers are often able to charge a premium on rent for easy access to food shopping.

The Lane at Waterway is expected to open to residents in December.

Real estate transactions might have declined amid the pandemic, but that’s no reason to slow down marketing efforts, industry experts say.

The Woodlands-based Signorelli Co. has launched a new division that will focus on building new single-family homes available for rent.

To date, TUTS has incurred close to $6 million in lost revenue due to the cancellation of performances and major fundraising events. The organization said in a Sept. 9 news release that it anticipates another $11 million in losses over the next 12 mont…

The company said the project was driven, in part, by the surge in online retail sales amid the Covid-19 coronavirus pandemic.