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Nitya Capital provides update on apartments in Harvey's aftermath
Business
Published in 6-9-2017
    902 Visits

Nitya Capital, a Houston-based multifamily investment firm and its Karya Property Management affiliate, sustained flood damage from Hurricane Harvey at two complexes out of of its portfolio of 25 properties, the company announced.

Reference: www.chron.com
Bridgeland to aid Hurricane Harvey victims at Friday Night Bites
Business
Published in 6-9-2017
    345 Visits

Residents of Bridgeland will have a chance to aid Harvey victims at the community's monthly Friday Night Bites in Lakeland Village Center.

Sponsored by Newmark Homes, the event will be held Friday from 6 p.m. until 10 p.m., offering live music from Reece Brenan and The Coastal Cowboys, a car show, new food trucks and a fundraiser for Hurricane Harvey victims.

Reference: www.chron.com
Mattress companies team up with Sleep Designs to supply Harvey shelters
Business
Published in 6-9-2017
    849 Visits

New Jersey-based Eclipse International and Eastman House, two of the nation's oldest mattress companies, have teamed up with Sleep Designs to manufacture and donate twin mattresses for use in shelters for people displaced by Hurricane Harvey. Sleep Designs, the companies' Texas licensee, has the capacity to make mattresses to fill multiple tractor-trailers. The companies' supplie ...>>

Reference: www.chron.com
A Wireless offering free phone drying service after Harvey
Business
Published in 6-9-2017
    635 Visits

A Wireless, an authorized Verizon retailer, is offering free phone drying services to Hurricane Harvey victims at more than 20 locations in Houston and Louisiana. The stores will use Redux technology to remove moisture from wet cell phones, tablets, smartwatches, fitness monitors, hearing aids, tablets, Bluetooth headsets and other devices.

Reference: www.chron.com
Who doesn't have flood insurance in Houston? Most everybody.
Business
Published in 30-8-2017
    659 Visits

Only 15 percent of homes have flood insurance in Harris County. In Brazoria County, where a levee breach sent floodwaters raging through Houston's southern suburbs, it's only 26 percent.

Reference: www.chron.com
Houston's apartment surplus will come in handy after Harvey
Business
Published in 30-8-2017
    945 Visits

Houston has one of the highest apartment vacancy rates in the nation, and that's a good thing in the wake of Hurricane Harvey.

Reference: www.chron.com
Harvey insurance claims update for Wednesday
Business
Published in 30-8-2017
    805 Visits

Insurance claims continued piling up Wednesday.

The Texas Windstorm Insurance Association, the insurer of last resort for wind and hail coverage along the coast, reported 15,649 claims as of Wednesday morning.

State Farm had about 12,800 auto claims and 14,600 home claims as of Tuesday evening.

Farmers Insurance reported more than 8,400 claims statewide as of 2 p.m. Tuesday. O ...>>

Reference: www.chron.com
Harvey likely ruined 500,000 vehicles in Texas
Business
Published in 30-8-2017
    700 Visits

Flooding from Tropical Storm and Hurricane Harvey has likely damaged a half million cars in Texas, leaving residents stranded without vehicles, according to data compiled by Solera Holdings, a tech company that helps insurance companies process car insurance claims.

Reference: www.chron.com
Houston airports reopening Wednesday afternoon, will phase in flights
Business
Published in 30-8-2017
    650 Visits

Bush Intercontinental and Hobby airports are reopening Wednesday at 4 p.m. They will begin phasing in a limited number of domestic flights.

"It's going to take us some time to phase in air operations to the point where we are back to normal," said Houston Airport System spokesman Bill Begley. "But we're moving toward that as quickly and as safely as possible."

Reference: www.chron.com
Southwest bringing Shark Week-themed plane to Houston
Business
Published in 21-7-2017
    1029 Visits

Southwest Airlines is taking a bite out of Houston's skies. Its Shark Week themed 737-700 plane will be in Houston Friday. Plane spotters will have three opportunities to see it arriving and departing at Hobby Airport. Discovery Channel's Shark Week starts Sunday and continues through July 30.

Reference: www.chron.com
Houston apartment demand picking up
Business
Published in 21-7-2017
    545 Visits

Demand for apartments in the Houston area outstripped the supply of new units delivered in the first half of 2017, signaling improvements in the region's multifamily sector. Renters newly occupied 11,636 area apartment units in the first half of 2017, compared with 9,620 units completed during the period, according to a midyear report by commercial real estate firm Berkadia. Berkadia compi ...>>

Reference: www.chron.com
HH&S Hospitality purchases 80-room hotel near 610 South
Business
Published in 21-7-2017
    342 Visits
Houston-based HH&S Hospitality has purchased the 80-room Candlewood Suites Houston Medical Center at 10025 South Main from Pika Hotel Group. Nabil Murad of NM Management represented the seller, Pinecrest Financial Corp. Richard Stromatt of GDC Realty represented the buyer. Dream Medical Management Corp. has purchased a 14,573-square-foot medical office at 3074 College Park Drive, The Woodlands. ...>>
Reference: www.chron.com
Retail Wrap: Doris Metropolitan to offer passers-by a look at curing meat
Business
Published in 21-7-2017
    167 Visits

Plans call for a wine wall that wraps around the dining room, expanding the private room, and a glass-encased meat-curing room that will be visible from Shepherd. Bridgeland announced F45 Training and Athletistry Performing Arts Center as new tenants in Lakeland Village Center near Fry Road and Cypress North Houston in Cypress. Braun Enterprises is redeveloping the historic property in a proj ...>>

Reference: www.chron.com
Academy Sports + Outdoors lays off 100 employees
Business
Published in 21-7-2017
    137 Visits

Academy Sports + Outdoors laid off 100 employees at its Katy headquarters, citing the need for greater efficiency and store investments in a changing retail landscape. 

Reference: www.chron.com
Newest Galleria wing opens for shopping
Business
Published in 14-7-2017
    1027 Visits

Houston's fashion set gathered Thursday at the Galleria to toast the retail opening of the mall's newest luxury extension. The development involved transforming the former Saks building into a new space for retailers with new flooring, high ceilings and skylights. Fig & Olive, a New York-based restaurant serving Mediterranean cuisine, will open its first Texas location in a stre ...>>

Reference: www.chron.com


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