What’s fueling $5.5 billion in Houston developments

Posted on May 18, 2016 by ginger

Houston’s health care development is booming due to severaThere’s roughly $5 billion in medical construction and development underway in the Bayou City, according to a recent report from

Houston-based Transwestern. It’s not just hospitals being built, though – medical office buildings are on the rise, and Houston’s biggest health care institutions, such as Memorial Hermann, Houston Methodist and Baylor College of Medicine are all expanding their presence in Houston’s suburbs.l factors such as the impact from the Texas Medical Center, a growing and aging population base and the Affordable Care Act.

Read more at Houston Business Journal.

CEOs rank Texas as best state for business in the U.S.

Posted on May 11, 2016May 18, 2016 by ginger

For the 12th consecutive year, Texas was ranked as the best state in the country for businesses by Chief Executive magazine. The magazine has conducted the survey for 12 years.

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Lenders Tighten CRE Borrowing Standards

Posted on May 9, 2016 by ginger

Bank and CMBS loan originators tightened their lending standards for all types of commercial real estate loans during the first quarter, a marked reversal from the previous few years.

A significant number of U.S. banks reported tightening standards for construction and land development loans and loans secured by multifamily properties, according to the latest Federal Reserve Senior Loan Officer Opinion Survey released this week. Additionally, a moderate number of U.S. banks reported tightening standards for loans secured by office, industrial, retail and hotel properties.

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[CoStar]

Texas Cities See Population Boom, Even in Middle of Oil Bust

Posted on April 4, 2016 by ginger

Texas added more people between July 2014 and July 2015 than any other state, according to new U.S. Census population data released this week.

Nearly two-thirds of the almost 500,000 new Texas residents migrated from other states as Dallas, Houston, Austin and other metro areas lured companies ranging from Toyota and State Farm to Kubota and JP Morgan Chase. Most have taken advantage of generous relocation incentive packages offered by Texas while fleeing high housing, taxes and business cost areas.

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[CoStar]