Foreclosure Looms for Houston Multifamily Investor
A local multifamily investor could lose two multifamily properties in a suburb of Houston to foreclosure at next month’s auction. Falls Apartment Group allegedly defaulted on $33.5 million in debt for the 468-unit Falls of Las Villas and the 514-unit Falls of Alta Vista, according to Roddy’s Foreclosure Listing Service. The debt equates to $34,100 […]
Ready Capital to Foreclose on Historic San Antonio Buildings
A stalled historic conversion effort in downtown San Antonio may be on the verge of unraveling altogether. The Hedrick Building, at 601 North St. Mary’s Street, is set to hit the Bexar County foreclosure auction block next month, potentially upending plans to convert the 10-story, 42,000-square-foot building into an extended-stay hotel, the San Antonio Express […]
Behind Related’s South Congress Megaproject
Just about any night of the week, if you follow the scent of cigarette smoke and the sound of bad karaoke on South Congress Avenue, you’ll end up at Ego’s Bar. It’s a grungy neighborhood dive that appears to be nearing the end. Developers have eyed it for years, as it is one of the […]
