In June, Rockspring Capital acquired a 10-acre property in the booming San Antonio neighborhood of Westover Hills. This commercial tract is located on the Southeast corner of Loop 1604 and Military Road.
Jim McAlister IV was once again invited to the FOX Business studio by renowned Host and Anchor Maria Bartiromo to discuss what the U.S. can learn from the Texas Model. This time the discussion was held over a two-day panel. Business-friendly regulations, low taxes, diverse industry and jobs creation are keeping the Lone Star State ahead of the nation. Click here to see the full panel.
Rockspring Capital, a privately-owned real estate investment firm headquartered in Houston, today announced the sale of a 4-acre site in Houston located at the corner of Yale St. and the North Loop 610 within the highly valued Garden Oaks and Greater Heights neighborhoods.
Rockspring Capital, a privately-owned real estate investment firm headquartered in Houston, today announced the acquisition of a 10-acre commercial tract in San Antonio located at the corner of Military Drive and Loop 1604 inside the booming Westover Hills neighborhood.
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.
According to a Texas Workforce Commission report released recently, Texas added just above 20,000 jobs to the economy in October 2015. This is the eighth straight month of job growth for the state. Overall, Texas has added 203,000 jobs so far in 2015.
To view the KVUE-ABC coverage of the report, click here.
Texas had a valuable learning experience about 20 years ago when the first major oil crisis struck the U.S. In 2015, Texas’ economy proved it is much more than oil. This, along with a few other factors, has positively affected the real estate industry in Texas immensely as its major metros are consistently topping housing charts.
To view the Financial Times coverage of the event, click here.
Over the past seven years almost 9,000 California-based businesses relocated to another state, according to a recent report. Texas was the number one destination for these California companies all seven years of the study. The Austin and Dallas-Fort Worth areas have received a majority of this relocation action.
To view the Dallas Business Journal coverage of the report, click here.
Dallas is the economic center of the Sunbelt in terms of retail, wholesale, finance and transportation, according to Texas economist, Ray Perryman. He and Texas Comptroller, Glenn Hegar recently presented on how Texas, and more specifically, Dallas is becoming an economic powerhouse at a Dallas Regional Chamber luncheon.
To view the Dallas Business Journal coverage of the event, click here.
Chris Helman with Forbes recently posted an article that sums up how America is handling the oil downturn. NGP Energy Capital Management CEO as well as other oil experts weigh in on the 2015 year and although companies have had to downsize, the industry will be better for it in the end. Companies are still drilling thousands of new wells and are becoming more productive and innovative.