Swamplot Archives by Tag: 77546

Thursday, September 11, 2008

Ike Turns Here

September 11, 2008 – 2:20 pm
   

Apparently, some sort of storm is headed this way. If you live in the 77507, 77058, 77059, 77062, 77520, 77546, 77571, 77586, or 77598 zip codes, here’s a little advice: Surfing Swamplot for real-estate news is probably not the best use of your time right now. How about a little gettin’-out-of-town-ing instead? There’ll be plenty of time to gawk at photos of soggy homes right here — after we’ve been soaked and the power comes back on. On the other hand, all you shelter-in-place people: How’s the installation coming along on those foundation bolts and jacks? Got any tips for turning decorative shutters into something . . . useful? And who’s been buying up all the toilet paper? [Houston Chronicle]

2:20 pm | 1 Comment | Read more about Flooding, Quicklink
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Wednesday, August 27, 2008

The Lodge at Baybrook: Smuck Survivor

August 27, 2008 – 9:32 am

The Lodge at Baybrook, 19100 Glenwest Dr., Friendswood, Texas

Another apartment complex rescued from the clutches of famed real-estate investor and apartment-maintenance whiz Michael B. Smuck! This time it’s the Lodge at Baybrook, a 12-building, 322-unit compound on 13.7 acres just behind Baybrook Mall in Friendswood. Globe St.’s Amy Wolff Sorter reports that Chicago-based Adams LaSalle Realty has bought the complex from Smuck’s bankrupt MBS Properties for “well below” the $28.6 million it first listed for back in 2006.

The Lodge at Baybrook was built just 9 years ago, but apparently there’s plenty of deferred maintenance for the new owners to take care of. No word of any impending name change.

Photo: CBRE

9:32 am | 3 Comments | Read more about Apartments, Buying and Selling, Neighborhoods: Friendswood, Real Estate Investing
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