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News & Insights

Rockspring News

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

As a native Texan, I thought it was time to join the conversation on the “reported” energy crash and its impact on Houston and Texas, so I authored a follow-up article to my Forbes piece last year. With many headlines suggesting gloom and doom, the “Texas Model” continued to propel our state with positive job growth, best-in nation housing numbers and a deeper roster of blue-chip companies. Read more…

Posted by: In: Rockspring News 24 Jun 2016 0 comments

HOUSTON, June 24, 2016 – Rockspring Capital, a privately-owned real estate investment firm headquartered in Houston, today announced the sale of 4.17 acres of its 10.58-acre tract in Northwest San Antonio located at the corner of Military Drive and Loop 1604 inside the booming Westover Hills neighborhood. The sale was made to CST Brands Inc., which is planning to build a future Corner Store on the tract.

The 10-acre property was purchased in June 2015, and is positioned only seven miles northwest of downtown surrounded by significant residential subdivisions, commercial uses, new business facilities as well as the popular Sea World amusement park. Read more…

Posted by: In: Rockspring News 16 May 2016 0 comments

Forbes.com recently published Rockspring Capital President and CEO Jim McAlister IV’s second feature article. An update to the first article in 2015, the piece discusses how jobs, the diversified economy and the Texas Model are holding up across the state.

“Diversification of the economic engines driving the country’s fourth largest city reduced the impact of upstream to 12 percent from 2010 – 2015 (source: Texas Workforce Commission) of the Houston economy. Overall, the U.S. Bureau of Labor Statistics reports that workers in natural resources and mining account for one percent or less of total employment in the state’s other big three metro areas of Dallas, Austin and San Antonio…”

To read the entire Forbes.com, click article.

Posted by: In: Rockspring News 27 Apr 2016 0 comments

San Antonio Business Journal has featured Rockspring Capital once again. The publication recently covered Rockspring’s sale to CST Brands in March 2016 and Real Estate Reporter Katie Burke wanted to find out even more about the firm’s unique acquisition strategy and San Antonio presence. Rockspring’s David Orr was recently interviewed by Burke and featured him in this Q&A.

To read the San Antonio Business Journal article, click here.

 

Posted by: In: Newsletter, Rockspring News 18 Apr 2016 0 comments

By Michael Ross, Vice President, Asset Management & Entitlements

Rockspring Capital ended 2015 with two very strong property purchases in booming Austin and Houston submarkets.

The first acquisition is our second tract in the city of Leander, Texas, located just north of Austin. The 19.7-acre lot will be sold in multiple parcels over the next few years as the area continues to grow. The asset is located at the northeast corner 183A and Crystal Falls Parkway, in close range of multiple schools, office complexes and shopping centers.

Read more…

Industry Insights

Posted by: In: Industry Insights 20 May 2016 0 comments

Texas’ major metros are not only seeing explosive population growth, but income is increasing at a strong rate as well. This is driving commercial, land and retail real estate investors far and wide to get in on the boom happening in Texas. Globe St. recently interviewed the Chief Financial Officer of InvenTrust, where he gives his two cents on what the future holds.

To view the Globe St. article click here.

Posted by: In: Industry Insights 03 May 2016 0 comments

A new report from HomeVestors and Local Market Monitor identified the Dallas-Plano-Irving region and San Antonio as the top two markets for real estate investors for the first quarter of 2016. Posted by the MReport, the major metric used to determine the ranking of these cities was the increases in job opportunities in the past year.

To view the MReport story, click here.

Posted by: In: Industry Insights 06 Apr 2016 0 comments

They’re coming from everywhere. If it isn’t’ the business friendly regulations, the strong housing market or massive job opportunities, it is all three bringing more and more people and businesses to Texas. Eight of the top 20 counties in the U.S. with the highest population growth last year belong to Texas. Although the oil downturn has had its lick, the economical diversity of the Lone Star State is way more than oil.

To view the Bloomberg News story, click here.

Posted by: In: Industry Insights 05 Apr 2016 0 comments

New U.S. Census Bureau data revealed that Houston has added more people than any other region in the country in the past year. Between Houston, the Woodlands and Sugar Land, the region added roughly 160,000 people. Furthermore, the Texas Triangle (Austin, Dallas, Houston and San Antonio) added over 400,000 people in this same time frame, more than any state in the nation. The robust job selection and cheaper cost of living are attributed to this growth.

To view the Houston Chronicle story, click here.

Posted by: In: Industry Insights 31 Mar 2016 0 comments

Officials at the Port of Houston Authority say they have been seeing record traffic thanks to the chemicals industry, another way the diverse Texas economy is handling the oil downturn. Billions of dollars have been invested into new petrochem plants that are focused on processing polyethylene from natural gas. This has created a surge in job growth, with even more plants and projects scheduled to continue through 2017.

To view the Oil and Gas Investor story, click here.