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News & Insights

Rockspring News

Posted by: In: Rockspring News 27 May 2015 0 comments

HOUSTON – Rockspring Capital, a privately owned real estate investment firm headquartered in Houston, today announced the addition of David Orr as Central Texas Project Manager. He is responsible for property acquisition and enhancement activities in the Austin and San Antonio markets.

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Posted by: In: Newsletter, Rockspring News 12 May 2015 0 comments

America loves what it sees in Texas. The Lone Star State’s economic boom, job growth and population surge amidst falling oil prices are a result of the state’s business-friendly environment and diverse industry base. Naturally, this success has grabbed the attention of major news networks across the U.S. As CEO of the only land investment firm focused specifically on Texas land, I have had the pleasure of personally contributing to the statewide and nationwide conversation.

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Posted by: In: Newsletter, Rockspring News 12 May 2015 0 comments

Back in 2012, with the dislocation in the lending markets still alive and well, Rockspring was approached with an interesting proposition by an operator looking to acquire the Harborwalk project, a bank-owned 550-acre master planned community in the Texas bay area. The operator needed cash to achieve the best pricing and close quickly on the highly-valued property. Although Rockspring typically made investments directly into real estate; would it be willing to provide a bridge loan to allow a quick acquisition of a bank-foreclosed property?

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Posted by: In: Newsletter, Rockspring News 12 May 2015 0 comments

What better way to celebrate a strong start to 2015 than by announcing the addition of four new experts to the Rockspring family. David Orr, Vonda Crisp, Nadia Navarro and Mike Singleton have been added recently to beef up our presence in the booming Austin and San Antonio markets and submarkets. Here are background details about our new additions.

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Posted by: In: Newsletter, Rockspring News 12 May 2015 0 comments

At Rockspring Capital, we strive to maintain a diverse portfolio of properties that provide more control over returns for our investment partners. Recently, we’ve added “Covered Land Plays” to smooth the cash flows of our portfolios.

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Industry Insights

Posted by: In: Industry Insights 02 Nov 2015 0 comments

With high savable after-tax income, a strong job market and low average consumer debt carried by residents, the city of Houston was ranked the number one city in America for workers to grow ones wealth, according to a report by Bankrate.

To view the Houston Business Journal coverage of the report, click here.

Posted by: In: Industry Insights 28 Oct 2015 0 comments

Following a 3,000 job decline in August, Texas once again proves it has one of the most resilient job markets in nation by adding 26,600 jobs in September, according to the Texas Workforce Commission. Trade, transportation, utilities, education and health services were said to have added the most jobs last month.

To view the NBC-DFW story, click here.

Posted by: In: Industry Insights, Newsletter 15 Oct 2015 0 comments

By Jim McAlister IV, President & Chief Executive Officer

Our core business is to provide entitlement and development-ready land to homebuilders and others in the major Texas cities. As droves of people continue to move to Texas, the opportunities for our investment partners are increasing daily.

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Although much has been written by the liberal media as to the demise of the conservatively run Texas economy with oil dropping from $100 to $50 a barrel in the past year, sometimes facts can be stubborn things:

  • July 2015 single-family home sales in Houston totaled 8,147 units, the highest one-month volume ever, according to a report published in August by the Houston Association of Realtors (HAR).  The average price of a single-family home was also up 6.3 percent year-over-year.
  • The Emerging Trends in Real Estate® 2016 report continues the good news. All of the major cities in Texas better known as the “Texas Triangle” were ranked in the top seven of 75 U.S. markets ranked for homebuilding:

                                                   Rank #

  Dallas/Fort Worth                     1

  Austin                                          2

  Houston                                      6

   San Antonio                               7

 

The report is an annual publication from PricewaterhouseCoopers and the Urban Land Institute (ULI) with a 34-year history and is one of the most highly regarded and widely read real estate industry trend reports every year. The report provides an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues. Click here to view the full report.

Employers and employees alike continue to vote with their feet (and moving vans) for the business-friendly Texas model of low regulation, low taxes and self-reliance. This has created a favorable high demand and low supply of quality finished residential lots in the market.

There is no better time to invest alongside a 40-year local market expert like Rockspring that can help navigate around the right submarkets and properties.

Posted by: In: Industry Insights 05 Oct 2015 0 comments

WalletHub recently released a study on the fastest growing economies in the U.S. and the results had Texas written all over. Of the top 10 cities, Texas held nine of those spots and in the top 25, 15 belonged to the Lone Star State.  The report took socio-economic factors statistics from 2008 and compared them to 2014. To view the Houston Business Journal article, click here.

Posted by: In: Industry Insights 30 Sep 2015 0 comments

The economic foothold of San Antonio has drastically broadened as the Texas industry base has diversified. Former Mayor of San Antonio, Henry Cisneros writes that because of this San Antonio will be the fifth largest city in the nation by 2050 with two million people.  Accompanied with Austin and the I-35 corridor, Central Texas will hold a populous of five million people. To view the San Antonio Express-News article, click here.