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Finance

Modern multifamily apartment buildings in Houston

New Joint Venture Targets Multifamily Investments in Houston

News Summary Sixth Street Real Estate and Madera Residential have partnered to focus on multifamily investments across Texas and the Southeastern U.S. Their first project is the recapitalization of a...

Closed Tricolor Auto Group dealership with a sign

Tricolor Auto Group Files for Chapter 7 Bankruptcy

News Summary Tricolor Auto Group has filed for Chapter 7 bankruptcy in Texas, revealing liabilities over $1 billion. The dealership, which specializes in auto loans to the Hispanic community, listed...

View of Houston housing market with diverse housing types

Houston Faces Severe Housing Affordability Crisis

News Summary Houston is experiencing a significant housing affordability crisis, with affordability dropping to 39%. The median home price has surged by 40% since 2019, creating an affordability gap of...

Investors in a conference room discussing concerns about real estate fraud.

Houston Real Estate Operator Faces Federal Investigation Over Fraud Claims

News Summary Pratik Gandhi, a Houston real estate operator, is under federal investigation for allegations of fraud totaling $47 million. He filed for Chapter 7 bankruptcy in June 2023, claiming...

Business district in Houston, Texas

Houston Region Experiences Job Losses in July

News Summary The Houston region has reported a significant loss of 30,500 jobs in July, primarily driven by the education sector’s seasonal layoffs. This decline aligns with historical trends as...

Houston skyline at sunset highlighting energy infrastructure

Houston Electricity Demand Expected to Surge

News Summary Electricity demand in Texas, particularly Houston, is anticipated to double by 2035, driven by population growth, industrial expansion, and energy needs from oil fields. CenterPoint Energy forecasts a...

Texas city skyline illustrating economic challenges

Texas Economy Faces Slowdown Amidst Inflation and Job Decline

News Summary The Texas economy is showing signs of a slowdown as inflation rises and job growth declines, raising concerns among consumers and business leaders. Recent reports indicate that inflation...

Houston city skyline with visible office buildings

Houston Job Growth Slows to Lowest Level Since 2016

News Summary In May, Houston’s job market saw a modest increase of 3,600 jobs, marking the lowest monthly growth for the month since 2016. With a current employment figure of...

Houston skyline showcasing corporate headquarters of Texas companies

Texas Companies Shine on Forbes’ Global 2000 List

News Summary More than 60 Texas-based companies have made it to Forbes’ 2025 list of the world’s largest publicly traded companies. Houston is home to nearly half of these firms,...

Construction

Mockup of the new Target store in Garden Oaks, Houston

Target to Open New Store in Garden Oaks, Houston

News Summary Target has announced plans to construct a new store in the Garden Oaks neighborhood of Houston, set to open its doors by March 2027. The development, which spans...

Houston American Energy Corp. Plastics Recycling Facility

Houston American Energy Corp. Partners with Corvus Construction

News Summary Houston American Energy Corp. has teamed up with Corvus Construction to establish a Plastics Recycling Facility and the Abundia Innovation Center in Baytown, Texas. This initiative aims to...

Aerial view of construction sites featuring warehouses in Texas

Industrial Construction Surges in Texas

News Summary Texas has recorded a significant increase in industrial construction, totaling 47.8 million square feet under development, with Houston leading at 17.8 million square feet. The growth reflects a...

Houston skyline at sunset highlighting energy infrastructure

Houston Electricity Demand Expected to Surge

News Summary Electricity demand in Texas, particularly Houston, is anticipated to double by 2035, driven by population growth, industrial expansion, and energy needs from oil fields. CenterPoint Energy forecasts a...

Artist's rendering of NTx Bio's new biotechnology facility in Plano, Texas.

NTx Bio to Open $31 Million Biotechnology Facility in Plano

News Summary Plano, Texas, is set to welcome NTx Bio’s new $31 million biotechnology facility, which is projected to create over 170 jobs. This facility, focusing on cell-free biomanufacturing, will...

Interior view of Bionova Scientific's new plasmid DNA production facility

Bionova Scientific Expands with New Plasmid DNA Facility

News Summary Bionova Scientific has opened a new 10,000 square-foot plasmid DNA production facility in The Woodlands, Texas, enhancing its service offerings in cell and gene therapy. This strategic expansion...

Texas city skyline illustrating economic challenges

Texas Economy Faces Slowdown Amidst Inflation and Job Decline

News Summary The Texas economy is showing signs of a slowdown as inflation rises and job growth declines, raising concerns among consumers and business leaders. Recent reports indicate that inflation...

Fire suppression system being installed in a commercial space

Reliable Fire Protection Launches Custom Fire Suppression Systems in Houston, TX

News Summary Reliable Fire Protection, a family-owned company, is expanding its services to Houston, TX by offering high-quality fire suppression systems for local businesses. Committed to enhancing safety and ensuring...

Pipelines transporting crude oil in Houston

Houston Becomes Leading Destination for Permian Basin Crude

News Summary Houston, Texas, has established itself as a top destination for Permian Basin crude oil, driven by enhanced pipeline capacity and growing refining demands. With a current capacity of...

Marketing

Workspace showcasing website design tools and digital assets

Results Digital Launches Subscription-Based Website Design Services

News Summary Results Digital has expanded its offerings by introducing subscription-based website design services for businesses in the Greater Houston area. This approach allows local business owners to access professionally...

Real Estate & Properties

Modern multifamily apartment buildings in Houston

New Joint Venture Targets Multifamily Investments in Houston

News Summary Sixth Street Real Estate and Madera Residential have partnered to focus on multifamily investments across Texas and the Southeastern U.S. Their first project is the recapitalization of a...

Mockup of the new Target store in Garden Oaks, Houston

Target to Open New Store in Garden Oaks, Houston

News Summary Target has announced plans to construct a new store in the Garden Oaks neighborhood of Houston, set to open its doors by March 2027. The development, which spans...

Aerial view of Rosslyn Business Park in Northwest Houston.

Blacktop Industrial Trust Acquires Rosslyn Business Park in Houston

News Summary Blacktop Industrial Trust has acquired the Rosslyn Business Park, a key heavy industrial campus in Northwest Houston. The acquisition, made in partnership with a global investment firm, highlights...

View of Houston housing market with diverse housing types

Houston Faces Severe Housing Affordability Crisis

News Summary Houston is experiencing a significant housing affordability crisis, with affordability dropping to 39%. The median home price has surged by 40% since 2019, creating an affordability gap of...

Investors in a conference room discussing concerns about real estate fraud.

Houston Real Estate Operator Faces Federal Investigation Over Fraud Claims

News Summary Pratik Gandhi, a Houston real estate operator, is under federal investigation for allegations of fraud totaling $47 million. He filed for Chapter 7 bankruptcy in June 2023, claiming...

Homewood Suites by Hilton in Houston Galleria area during renovation

Partners Capital Acquires Homewood Suites in Houston

News Summary Partners Capital has made a significant expansion in the hospitality sector by acquiring the 162-room Homewood Suites by Hilton in Houston Galleria. The deal, finalized on August 7,...

Family-friendly neighborhood in Cypress, Texas

Cypress, Texas Emerges as Top Relocation Spot in the U.S.

News Summary A study by MovingPlace.com reveals that Cypress, Texas, has become the leading destination for relocation in the United States, with over 3,600 new residents. Katy and New Braunfels...

Luxury real estate in Houston with elegant modern architecture

Texas Luxury Real Estate Listings Surge in Houston

News Summary Texas has seen a notable increase in high-end real estate listings, particularly in Houston, where several luxury homes are gaining attention. The most expensive home, located in Dallas,...

Conceptual image of a retirement community near Texas A&M University

Texas A&M University Partners to Create Alumni Retirement Community

News Summary Texas A&M University collaborates with Varcity to create a retirement community for alumni and fans, set to open by 2027. Spanning 14 acres, the community will offer 260...

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