Knightvest has sold Lakeside, a 296‑unit Houston community at 9550 Meyer Forest Drive, to Pegasus Real Estate; Newmark arranged the sale and Citibank papered the acquisition debt.

A last-minute $16.1M payoff stopped a foreclosure at the Humble-Exxon tower, giving the owner time to refinance or pursue a sale. Significant repairs and legal questions remain.

Read King plans to turn the former Macy’s at Almeda Mall into The Market at Almeda Mall, anchored by a 65,000‑sq‑ft grocery, restaurants and a fitness center.

Margaritaville’s Galveston plan pairs a 334‑room resort with 278 cottages and is being marketed as a roughly $700M development. Cottage pre‑sales are starting as site work prepares to begin.

Vacancies in Southwest Houston climbed to a 14‑year high as move‑outs outpace leasing and push landlords to offer concessions.

Four voters approved more than $430 million in bonds for a newly created Rice Village management district, prompting scrutiny over transparency and local control.

Sugar Land bought the long‑vacant Imperial Sugar site this summer and is spending up to $50 million to stabilize the Char House and shepherd a new mixed‑use neighborhood. Community workshops and a master developer selection are now on the calendar.

Bellaire’s City Council unanimously adopted an ordinance banning short‑term rentals in residential neighborhoods and giving existing hosts 180 days to comply.

Ikea will open a 93,000‑sq‑ft Webster store at Center at Baybrook in summer 2026; here’s what the build‑out, format and location mean for Baybrook shoppers and nearby retail.

Tesla is boosting its workforce at a new $200 million Brookshire plant, with 41 jobs listed and hiring commitments set as part of a local tax abatement deal, promising economic growth in the Houston area.

Rice University plans to connect its campus with Rice Village, enhancing sports venues, pedestrian access, and community spaces, while the area launches its first outdoor ice rink, Ice Village, for the holiday season.

The Rustic, a popular Houston restaurant and music venue, is relocating due to the city's development plans, with reopening set for winter 2026 near the George R. Brown Convention Center.

Houston's City Council delays vote on the controversial "Super Hub" homeless facility amid concerns from the EaDo community regarding safety and lack of stakeholder dialogue.