For Multifamily Investors, Dallas Is Too Hot, Houston Is Too Humid But San Antonio Is Just Right

BISNOW

ARTICLE: Published by BISNOW Houston With the state’s continued population growth, multifamily investors always have an eye on Texas. But which city is catching their attention? San Antonio. It is in what investors dubbed “the Goldilocks zone.” Texas’ two largest cities have been making headlines for opposite reasons. Dallas is so hot it has some investors worried. Headlines are painting … Read More

Cliff Booth: A North Texas Perspective on ‘Last-Mile Distribution’

D Magazine

ARTICLE: Published by D Magazine A greater demand for last-mile distribution may be driven by B2B users, which prefer infill locations versus new construction. “Last-mile distribution” is a quite the buzzword in industrial real estate now. Most who use the phrase are trying to couple the excitement around the digital aspects of “just-in-time” deliveries, growth in online shopping, and innovations … Read More

Westmount Realty Capital Announces Sale of 291,240-Square-Foot Class ‘A’ Multifamily Community in Lewisville, Texas

Westmount

PRESS RELEASE: DALLAS, Feb. 23, 2017 — Westmount Realty Capital, LLC (Westmount), a Dallas-based real estate investment company, is pleased to announce the sale of Westmount at Vista Ridge, a Class “A” garden-style apartment community located at 2241 South Business Highway 121 in Lewisville, Texas. The community, which was constructed in 2006/07, consists of multiple three-story buildings with a total … Read More

Westmount Realty Capital Acquires Houston Property

Multi Housing News Online

ARTICLE: Published by Multi-Housing News Online The new owner plans a makeover for the 257-unit community, which was completed in 1982. Houston—Westmount Realty Capital has acquired London Park, a 209,143-square-foot Class B garden-style apartment in Houston and has rebranded the property as Westmount at London Park. “Westmount has acquired a well-positioned, vintage Class B property with significant value-add opportunity through … Read More

Westmount Realty Capital Acquires Strong Class ‘B’ Multifamily Community in Houston

Westmount

Westmount at London Park

PRESS RELEASE: DALLAS – Jan. 26, 2017 — Westmount Realty Capital is pleased to announce the acquisition of London Park, a well-constructed, Class “B” garden-style apartment property located at 14545 Bammel North Houston Road in Houston. Built in 1982, the well-maintained community has 257 one- and two-bedroom units in 21 two-story buildings. Westmount is rebranding the 209,143 square foot apartment … Read More

Westmount Realty Capital Sells Austin Office Portfolio

Commercial Property Executive

ARTICLE: Published by Commercial Property Executive The Offices at Braker Center were 93 percent occupied at the time of the deal. Austin, Texas—Westmount Realty Capital LLC announced the sale of its 13 office-building portfolio acquired in April 2014. Eastdil Secured represented the seller in the transaction. The Offices of Braker Center are located on Kramer Lane and Metric Avenue between … Read More

Westmount realty capital announces sale of 546,984 square foot austin office portfolio

Westmount

PRESS RELEASE: DALLAS, Dec. 9, 2016 – Westmount Realty Capital, LLC (Westmount), a Dallas-based real estate investment company, is pleased to announce the sale of its 546,984 square foot portfolio of 13 office buildings within the Braker Center area of Austin, Texas.  The buildings, acquired by Westmount in April 2014, are located on Kramer Lane and Metric Avenue between I-35 and … Read More

Westmount Realty Capital Hires Michael Rochester as Senior Director – Engineering and Construction

Westmount

PRESS RELEASE: DALLAS – Dec. 1, 2016 – Westmount Realty Capital, LLC (Westmount) announced today that seasoned engineer, Michael Rochester has joined the company in the newly created position of Senior Director – Engineering and Construction. In this new role, Rochester will be focused on the company’s asset approach as it relates to both acquisitions and management. “Throughout the past … Read More

Westmount Realty Capital Acquires Class ‘B’ Multifamily Community in North-Central San Antonio

Westmount

PRESS RELEASE: DALLAS – Nov. 29, 2016 — Westmount Realty Capital is pleased to announce the acquisition of Cape Cod, a well-constructed, Class “B” garden-style apartment property located at 13030 Blanco Road in San Antonio. Built in 1984, the well-maintained community has 212 one- and two-bedroom units in 11 two- and three-story buildings. Westmount is rebranding the 145,680 square foot … Read More

Dallas’ Westmount Realty names top executive as new COO

Dallas Business Journal

ARTICLE: Published by Dallas Business Journal Dallas-based real estate firm Westmount Realty Capital has named one of its top executives to its COO position and broadened his leadership role. The firm has named CFO Brant Brown to chief operating officer with a focus on company-wide leadership, talent development, marketing, IT strategy and investment management. Brown, who has been the firm’s … Read More

Brant Brown, Chief Financial Officer at Westmount Realty Capital, Takes on Expanded Role as Chief Operating Officer

Westmount

PRESS RELEASE: DALLAS – Nov. 3, 2016 — Westmount Realty Capital (Westmount) announced today that Brant Brown, the company’s chief financial officer (CFO) has also been named as chief operating officer (COO). Brown, who joined Westmount in October 2015 as CFO, will broaden his focus to include company-wide leadership and talent development, marketing, IT strategy and investment management as COO. … Read More

Donna Wilkins Named Director – Due Diligence and Closing for Westmount Realty Capital

Westmount

PRESS RELEASE: DALLAS – Oct. 11, 2016 – Westmount Realty Capital, LLC is pleased to announce that Donna Wilkins, CCIM, has been named Director – Due Diligence and Closing for the company. Since joining the firm in October 2015, she has closed 2 million square feet of acquisition transactions, totaling $118,450,000. Wilkins will now oversee due diligence on behalf of … Read More

Forest Oak Apartments in Arlington changes hands

Fort Worth Business

ARTICLE: Published by Fort Worth Business Fort Worth Business Press obtains some of its Real Deals content through a partnership with Xceligent Inc., a commercial real estate research firm. Forest Oaks Apartments in Arlington has been sold to the Dallas commercial real estate firm Westmount Realty Capital LLC. Westmount plans to rebrand the 164-unit complex at 2408 Forest Oaks Lane … Read More

Westmount Realty Capital Acquires Apartment Community in Arlington

rebusinessonline.com

ARTICLE: Published by Rebusiness Online | written by Haisten Willis ARLINGTON, TEXAS — Westmount Realty Capital has acquired Forest Oaks Apartments, a Class B apartment property located at 2408 Forest Oaks Lane in Arlington. Westmount is rebranding the community as Westmount at Forest Oaks. Constructed in 1980, the project consists of 164 units in 10 two- and three-story buildings. The … Read More

Westmount Realty Capital Acquires Class ‘B’ Apartment Community

Westmount

PRESS RELEASE: Westmount Realty Capital Acquires Class ‘B’ Apartment Community DALLAS – Sept. 14, 2016 — Westmount Realty Capital is pleased to announce the acquisition of the Forest Oaks Apartments, a strong Class “B” garden-style apartment property located at 2408 Forest Oaks Lane in Arlington, Texas. Westmount is rebranding the well maintained apartment community as Westmount at Forest Oaks. Constructed … Read More

Oil Prices Cause Dip in Multifamily Market, But Value-Add Opportunities Remain Strong

rebusinessonline.com

ARTICLE: Published by Rebusiness Online | written by Haisten Willis Although Houston’s local economy is not exclusively dependent on oil and gas, re-energizing this sector will be key to a multifamily rebound in the area. Since the downturn in oil prices over the last two years, Houston’s multifamily market has been one of the most impacted victims of the area’s … Read More

Westmount Realty Capital Gains 83,000 SF Tenant for Logistics Pointe BWI Development near Baltimore

Westmount

PRESS RELEASE: JLL signs Match Marketing, enabling larger retail fulfillment capabilities BALTIMORE, June 27, 2016 – Westmount Realty Capital (Westmount) announced today that JLL (NYSE: JLL) has signed Match Marketing as the largest tenant in the company’s Logistics Pointe BWI development. Match Marketing will lease 83,490 square feet at 7462 Candlewood Road in Hanover, MD. “We are excited that Match … Read More

Westmount Realty Capital Hires Commercial Real Estate Veteran Brian Scruggs as Managing Director-Acquisitions

Westmount

PRESS RELEASE DALLAS – June 15, 2016 – Westmount Realty Capital, LLC is pleased to announce that veteran commercial real estate executive Brian Scruggs has joined the company as Managing Director-Acquisitions. He will play a key role in identifying new acquisition opportunities and conducting the related due diligence processes to bring new assets to fruition. “Brian brings a wealth of … Read More

Get To Know Westmount Realty Capital’s New CIO

Westmount

ARTICLE Published by BISNOW | written by Julia Bunch Last week, Westmount promoted Stephen Kanoff to executive managing director and CIO. Stephen has been at Westmount for more than 22 years and was most recently EVP and partner. We thought Stephen’s promotion was a great excuse to get to know him a little better. READ FULL ARTICLE on GlobeSt.com (must … Read More

Conversions Top The List For Westmount In Recent Years

GlobeSt.com

ARTICLE Written by Lisa Brown DALLAS—Stephen Kanoff’s efforts have been instrumental in bringing significant value to the properties within the Westmount portfolio, and he discusses some of the firm’s recent projects and future opportunities in this EXCLUSIVE. READ FULL ARTICLE on GlobeSt.com (must be a subscriber) source: http://www.globest.com/sites/lisabrown/2016/06/14/conversions-top-the-list-for-westmount-in-recent-years/