Weeks after purchasing the debt on Hotel Icon, former NBA star Earvin ‘Magic’ Johnson’s Canyon-Johnson Urban Funds and Centurion Partners has taken ownership of the property through a consensual foreclosure process. The team will take several steps in the

Burleson Cooke has completed a move into new offices in Pennzoil Place, significantly adding to its square footage in order to accommodate recent growth fueled in large part by the energy law firm’s work in the nation’s shale

Houston-based law firm BoyarMiller hosted its annual commercial real estate forum yesterday at the Houstonian Hotel. Covering all facets of the real estate industry, experts agree 2011 is looking up for Houston. As Brandi McDonald, managing director & senior

Clear Capital (www.ClearCapital.com) has released its monthly Home Data Index (HDI) Market Report, providing a granular analysis of how local markets performed through November of this year, compared to the national downward trend in home

FirstService Corporation has announced that it has acquired an 80 percent interest in Association Management, Inc., (AMI), Houston’s largest and most prestigious residential property management company. David and Glenda Regenbaum, founders and officers of AMI, will retain the balance

Brookfield Properties Corporation (BPO) has announced that it has acquired Heritage Plaza – the 53-story, 1.2-million-square-foot trophy office tower in Houston’s central business district – from Goddard Investment Group LLC for $321.5

Dunhill Homes, an established homebuilder in the Las Vegas and Dallas-Fort Worth areas, is pleased to announce their expansion into the Greater Houston-area with the Amberwood at Fall Creek development in Humble, Texas. With townhome pricing beginning at $125,000,

Sheldon Good & Company, a Racebrook Portfolio Company and America’s leading real estate auctioneer, will auction Diamond Ridge, a 499-unit residential complex in Houston, to be sold “Absolute”, without reserve, to the highest bidder on Thursday, December 16th. This

According to a recent report from CoreLogic, Houston currently holds a 7.3 month-supply of distressed properties, which is the ratio of ‘serious delinquent homes’ that have been removed from the MLS (referred to as ‘shadow’ or ‘pending’ inventory), by

Houston now has a new tool available to search Southwest Florida property for sale listings using a program with the most powerful and comprehensive search abilities of any system designed to date. The search engine can be accessed at

MC Principals, Ross McCallister and Ken McElroy, plan renovations to increase value to investors and improved living experience for residents. MC Companies’ acquisition of Green Trails in Katy, expands the company’s Texasfootprint and marks a shift in its expansion strategy.  This

Builder/developer Ashton Woods walked away with an armload of awards after the Greater Houston Builders Association’s (GHBA) recent Houston’s Best gala, winning a total of six. Ashton Woods won another three awards: Volume Builder Product Design — $200,000 to

The Coalition to Stop Wall Street Home Resale Fees applauds Congresswoman Maxine Waters and Co-Sponsors Sherman, Sires, and Gwen Moore for introducing the Homeowner Equity Protection Act of 2010 to ban private transfer fees and protect consumers from a

Data through July 2010, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, show that the annual growth rates in 16 of the 20 MSAs and the 10- and 20-City

Woodforest won top honors in two categories for its 2010 American Dream Showcase of Homes in the Greater Houston Builders Association Houston’s Best Awards held September 17. The new development, which officially opened in May 2009, won Best Event

According to Shrinershq.org, the estate and personal possessions of famed oil well firefighter Red Adair will be auctioned on Saturday, October 2. The estate encompasses a 5,600 sq. ft home and three guest houses on nearly 400 acres, as