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HNathoo last won the day on July 28 2017

HNathoo had the most liked content!

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About HNathoo

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    Clear Lake
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    Commercial real estate

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  1. Wow - that complex didn't seem very dated. I imagine they'll build something pretty significant here to justify the loss of those units.
  2. Is this a townhome or a single family lot? If you own a single family lot, I don't think it's going to go down in value (at least for an extended period of time). With lots, I would look at much more than cap-rate - the underlying real estate is also appreciating in value. I would rather pay a 5% cap rate for a property sitting on a large lot than get a 7% cap on a townhome. If it's a townhome, you have to consider what you plan on doing with the money. If you have other opportunities to put the capital to work that are more accretive than you currently have, the decision to sell is easier. Paying down a mortgage at 3% doesn't really make sense if you have an asset yielding more than that.
  3. The Kirby Mansion: 15-Story High-Rise @Brazos/Gray

    I imagine they sleep just fine on their mattresses filled with money.
  4. New Dallas Development

    Is that actually in downtown Dallas? I don't see any buildings in the background.
  5. Block 436 & 437 (Formerly Milhaus Midtown)

    Is the Greyhound departure imminent? I have no clue if they own the site or are leasing, but them leaving would be fantastic for the area.
  6. Block 436 & 437 (Formerly Milhaus Midtown)

    I imagine they would build the wrap first.
  7. Block 436 & 437 (Formerly Milhaus Midtown)

    I imagine this will be like the Circuit in Eado - one building will probably be a wrap, and the other will have the pool on the inside. They'll probably be connected via skybridge.
  8. Marlowe: 20-floors, Downtown Condo Tower

    Yeah, I think prices inside the loop have jumped multiples since 2000. The downtown living initiative really drove a lot of that.
  9. Marlowe: 20-floors, Downtown Condo Tower

    Hines paid ~$500psf for their new tower site. While that site has tunnel connectivity, I don't think the lots in front of Toyota Center are significantly worse. Maybe $200-$300psf?
  10. Marlowe: 20-floors, Downtown Condo Tower

    Ask and you shall receive
  11. Marlowe: 20-floors, Downtown Condo Tower

    Most of these lots are controlled by a Taiwanese Oil Company. They simply don't sell - I believe the Toyota Center land was owned by them and taken via eminent domain.
  12. Pitch 25 at 904 Hutchins

    The speed of their development has been amazing, especially given how slow some of the adjacent concepts have taken to open up (Truck yard, Rodeo Goat, Burgerhous, etc.)
  13. Hampton Heights: New Condo Building @1800 W. 15th

    I’m not a big fan of the stairwell design. I wish it was more integrated into the building. Also the pitched roof over the stairwells are very Hamilton-ish - think your better with a flat roof with some sort of metal canopy architectural element. on a side note - always wondered why most apartments have balconies? I may represent the minority, but I would much rather have that space for a living area.
  14. El Pollo Loco

    They closed a location on bay area blvd in clear lake after about 3 months of operations. I can’t imagine spending $1m plus on a restaurant and not even giving yourself a chance.
  15. The Regalia at the Park: 100 Crawford

    That looks almost as bad as the Hamilton at 45 and 59.