Houston RE Investment Files Strategic Bankruptcy
Aremerican Spectrum Realty Inc. seeks to maintain control over 2401 Fountainview in Houston via a petition for reorganization under Chapter 11 of the Bankruptcy Code....
Omninet Capital Purchases Southwest Corporate Center
Omninet Capital recently purchased the Southwest Corporate Center, a 525,580-square-foot office complex in Houston’s southwest/Beltway 8 submarket....
Hines Securities Tops $5 Billion in Capital Raised
Hines Securities, Inc. announced today that it surpassed $5 billion in total capital raised since its inception. The total represents capital raised across several investment products – Hines Real Estate Investment Trust, which is closed to new investment; Hines Global REIT, which closed to new investors on April 11, 2014; HMS Income Fund; and several real estate private placements.
Houston's Post Oak Energy Capital Closes Second Oil & Gas Fund with $500 Million in Commitments
The fund will invest in domestic oil and gas companies, oil field services, and related infrastructure.
BofA, Barclays Sued by Houston For Libor Manipulation
Bank of America Corp., Barclays Plc and Citigroup Inc. are among a group of banks sued by the city of Houston for financial damages caused by the alleged manipulation of the London Interbank Offered R...