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Houston real estate firm Lionstone to be acquired by Ameriprise Financial subsidiary
Business
Published in 20-9-2017
    777 Visits

Houston-based Lionstone Investments, a nationally-focused firm with properties across the commercial real estate spectrum, is being acquired by Columbia Threadneedle Investments, the companies announced Wednesday morning.

Reference: www.chron.com
Ella Springs Senior Living opens in north Houston
Business
Published in 20-9-2017
    413 Visits

Kingfisher Senior Living has opened Ella Springs Senior Living at 16700 Ella Blvd. in north Houston. The first phase of the project offers 62 assisted living apartments with floor plans ranging from studios to two bedroom/two bathrooms, and 24-apartment memory care units with private and semi-private rooms. Resident services include recreational activities, social events, personalized care plan ...>>

Reference: www.chron.com
AMC Theatres to open Shenandoah location
Business
Published in 20-9-2017
    245 Visits

AMC Theatres has signed on as an anchor tenant in the 69-acre MetroPark Square development in Shenandoah, according to real estate firm Baker Katz. The center is east of Interstate 45 and south of Texas 242 (College Park Drive).

Reference: www.chron.com
Shopping center in Harmony community changes hands
Business
Published in 20-9-2017
    45 Visits

Rayford Harmony, a new 31,500-square-foot shopping center at the Grand Parkway and Rayford Road in the Harmony master-planned community in Spring, has changed hands. Matt Berry with CBRE represented the seller, R1 Rayford Road. The property was purchased by a Texas-based institutional fund with retail investments across the county.

Reference: www.chron.com
First Watch expansion takes brunch concept to Cypress
Business
Published in 20-9-2017
    521 Visits

First Watch will open its fifth Texas location Monday with a restaurant in Cypress at 28902 U.S. 290.

Reference: www.chron.com
The Motley Fool: The right time to buy bonds?
Business
Published in 6-9-2017
    546 Visits
Ask the Fool The right time to buy bonds? Q: When is it a good time to buy bonds? - A.M., Portland, Ore. A: First, understand that bond prices tend to fall as interest rates rise, because when new bonds are issued at higher rates, older bonds with lower rates will be less attractive. Right now, interest rates are more likely to rise than fall, as they've been near historic lows. Also, know th ...>>
Reference: www.chron.com
Nitya Capital provides update on apartments in Harvey's aftermath
Business
Published in 6-9-2017
    862 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
    299 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
    804 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
    581 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
    612 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
    902 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
    766 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
    659 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
    607 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


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