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News & Insights

Rockspring News

Posted by: In: Rockspring News 06 Feb 2017 0 comments

“The economic winds are changing in favor of Texas once again,” said Jim McAlister IV to Crain’s Houston Reporter Bayan Raji during a recent interview regarding Texas real estate and foreign investment. Raji reached out to the only real estate investment firm in Texas specializing in land as well as an international partner for insight. McAlister explained that Texas has endured the oil downturn quite well and due to the business friendly economy and multifaceted industry base, ‘wise’ investors already recognize the opportunity.

 

To view the Crain’s Houston article, click here.

Posted by: In: Rockspring News 02 Sep 2016 0 comments

GlobeSt.com editor Lisa Brown recently published an exclusive Q&A with Rockspring Capital Managing Director Jim Hynes on global investors now looking beyond traditional real estate (focusing more on residential and land) for opportunistic returns. “The residential and land sectors are well positioned for outsized returns as there’s limited supply and growing demand in most markets,” said Hynes.

 

To read the GlobeSt.com article featuring Jim Hynes, click here.

Posted by: In: Newsletter, Rockspring News 23 Aug 2016 0 comments

We meet with numerous financial partners around North America. Often, we are asked about the folks back in our corporate office that our partners interact with daily. To help put faces to the names and learn more about them, we’d like to begin spotlighting the employees that help our firm run smoothly every day, starting with our company’s Financial Administrator, Darla Purchase.

Darla joined Rockspring Capital in 2007 to manage the accounting functions for all Land Funds, including the related partnerships and joint ventures associated with the U.S. and Canadian Land Funds. Prior to Rockspring, Darla served 25 years as a Financial/Business Administrator in the finance and agriculture industries. Darla studied business at Texas Wesleyan University. Read more…

Posted by: In: Newsletter, Rockspring News 23 Aug 2016 0 comments

On a recent trip to China, I met with a number of wealth managers, investment funds and other finance professionals to confirm that the Chinese still had a strong desire to invest in U.S. real estate. The main takeaway of my trip was that not only did they still have a ferocious appetite, but that future investment was going to be driven by the booming middle class.

The economy of China is important for a number of reasons. It’s the second largest in the world, and when based on purchasing power parity, China’s GDP is actually the largest, followed by the U.S., India and Japan. Consequently, China’s economy has a huge effect on the rest of the world, touching everything from commodities demand to consumer consumption. Read more…

Posted by: In: Newsletter, Rockspring News 23 Aug 2016 0 comments

In April, we partially exited a land parcel in Northwest San Antonio to CST Brands Inc, which plans to build a Corner Store on the tract.

Some of the highlights include:

  • Total 10.58 acres acquired in May 2015 for $1,300,000.
  • Partial exit of 4.71 acres was sold in April 2016 for $1,400,000.  Yes, less than 1/2 of the property sold for more than the total acquisition price in less than one year.
  • Approximately $840,000 of sale proceeds were set aside in an escrow to make infrastructure improvements on remaining 2 pad sites, which will further increase value/prepare sites for sale.

Read more…

Industry Insights

Posted by: In: Industry Insights 01 Sep 2016 0 comments

The Texas Leading Index, an employment growth and well permit module compiled by the Dallas Federal Reserve, recently showed an uptick, indicating that the state economy could be accelerating once more. This report covers many different statistics and comes out every month from the Dallas Fed.

To view the Dallas Morning News coverage of the report, click here.

Posted by: In: Industry Insights 21 Jul 2016 0 comments

CNBC recently released its Top States for Business study in its 10th consecutive year and accumulatively, Texas has dominated the charts. Never falling below second place, Texas’ winning formula comes from its dominating performance in infrastructure and economy. Additionally, Texas’ ranking in technology and innovation, business friendliness and access to capital has showcased the state’s prowess very well.

To view the CNBC story, click here.

Posted by: In: Industry Insights 12 Jul 2016 0 comments

About 2.3 million employees in Texas work for foreign-owned operations according to a new report on foreign direct investment in the U.S. Texas ranked number three in jobs tied to international companies, which accounts for roughly 18 percent of the labor income in Texas and 20.5 percent of the state economy.

To read the San Antonio Express-News article, click here.

Posted by: In: Industry Insights 11 Jul 2016 0 comments

A new report from the Federal Reserve Bank of Dallas showed that Texas is predicted to see a 1.5 percent increase in job growth by the end of the year, despite the downturn that has hit the oil and gas industry over the past 16 months. There are no signs of negative overall job growth in the foreseeable future according to Senior Economist, Keith Phillips.

To read the WOAI-News Radio article, click here.

Posted by: In: Industry Insights 23 May 2016 0 comments

The American City Business Journals recently dubbed Austin the best place in the U.S. to start and run a small business. Austin’s economic growth and output in correlation with the amount of small businesses currently running and opening in the city were major factors. Data was derived from the U.S. Census Bureau.

“Despite recent worries about city regulations and wider threats such as worsening traffic and the housing affordability crisis, the new ranking speaks to Austin’s continued economic vitality.”

To read the Austin Business Journal article, click here.