Tag: real estate

Report: Texas housing more resilient to oil prices

Texas’ real estate market should be able to weather lower oil prices better than it did in the 1980s, but if prices fall further, the results could be much more dire, a Texas A&M real estate economist says.  More »

Oil bust threatens mortgage-backed securities in Wall Street-funded shale towns

Wall Street analysts are poring over commercial-mortgage backed securities for signs of distress as the oil crash weighs on demand for real estate in energy hubs.  More »

Rooftop solar leases scaring buyers when homeowners sell

For people who own rooftop power systems, solar adds value to the home. Leased systems are another story.  More »

Exxon Mobil sells Houston building

Exxon Mobil has sold an eight-story office tower near the North Freeway and Beltway 8.  More »

Shale boom lures developer for $500M North Dakota project

A Swiss developer is planning to build a $500 million real estate project in Williston, North Dakota, where a surging energy industry is leading to a population boom and rising property demand.  More »

Little oil town has nation’s highest rents

The nation’s highest rent costs can be found in a small oil boom town where the average cost for a month’s rent in a 700-square-foot, one-bedroom pad can run $2,400.  More »

Marathon Oil Tower sold to LA firm

The 41-story Marathon Oil Tower in the Galleria area has been sold to a real estate fund affiliated with Los Angeles-based CBRE Global Investors.  More »

Energy trading firm to anchor new Houston development

International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.  More »

Mineral rights get top billing in land sales

Not long ago you could buy as much ranch land as you wanted in South Texas, with the mineral rights to boot. After the Eagle Ford? Not so much.  More »

Corporate moves: EPL Oil & Gas, Southwestern Energy move headquarters

Houston’s energy scene is growing, as ELP Oil & Gas announced moving its corporate headquarters to Houston and Southwestern Energy has broken ground on a new corporate headquarters.  More »

Technip fills up another Houston office building

French energy services firm Technip has leased a 17-story building, adding to the space it already occupies along the Energy Corridor in west Houston, developer Mac Haik announced Wednesday.  More »

Energy industry helping drive Houston housing demand

Demand in the Houston area has shot up amid additional office development and a coming relocation for thousands of Exxon Mobil Corp. employees.  More »

Exxon takes Energy Corridor property to market

As it prepares to move into a new campus north of Houston, Exxon Mobil Corp. has started looking for buyers for its 35-acre chemical facility in the Energy Corridor.  More »

Midland counts on 53-story tower as oil again buoys Texas

When clients in Midland, Texas, complained that they couldn’t find office space, hotel rooms or banquet halls, hedge fund co-founder Joseph Jacobs saw a big opportunity.  More »

Chevron buys downtown property

Chevron Corp. has expanded its downtown property portfolio with the acquisition of a public parking garage at 1400 Louisiana.  More »
Page 1 of 212