

Trying to pin down where Ted Cruz and Beto O’Rourke stand before casting a ballot this afternoon? Here’s a last-minute rundown: O’Rourke, the out-of-towner, slapped his trademark black-and-white signage in August on the concrete OST building shown, picking up where the Encore Theatre — a venue focused on works by black playwrights and casts — left off inside. The structure shares a wall with a back-door bar dubbed Speak Easy, a 1,000-sq.-ft. outfit that’s been around off Conley St. for over a decade.
Cruz’s team on the other hand, has been holed up on the seventh 12th floor of the Phoenix Tower (shown above) in Greenway Plaza, off Buffalo Spdwy. near 59. He’s a longtime fan of tall Houston buildings: In 2008, he and his wife Heidi bought a condo on the 19th floor of the Royalton at River Oaks — shown below — which then became ground zero for sightings of the couple, as well as a choice spot for the occasional protest. They sold it last July a few months after picking up a $1.6 million house in River Oaks proper.

Outsiders moving into town to buy up homes from distressed owners for pennies on the dollar in the wake of local catastrophe is a proud and longstanding Houston tradition: It keeps the city’s reputation for real-estate shenanigans intact, even as oldtimers mellow. It’s how Sir Allen Stanford got his
Writer Rachel Monroe catches up on the real estate empire of Scott Wizig, whose extensive operation scoops up properties at tax sales — and lets you know about it by means of those often hand-scrawled bandit signs offering them for seemingly sympathetic terms. Using a scrambled web of LLCs, Monroe explains, the Bellaire resident became the biggest private owner of derelict houses in Baltimore: “Wizig wouldn’t speak with me for months.
“So if someone could lend me some clarity on the housing market I would appreciate it. This is how I understand it: Median price is down, number of sales are down, however inventory went down to 3.6 months as well. Houses in the 150-250 range are still doing fine though. The first two issues seem to be related to anemic sales in the luxury market due to the loss of oil/gas workers, but I don’t understand how inventory can tighten when sales are down. Could someone help me out here?” [
If you were thinking its purchase by a SoCal investment firm almost exactly 1 year ago meant the pseudo-Japanesee 1962 apartment complex at 1919 W. Main St. would be shielded from the evict-and-redevelop cycle for a few years, think again. Apartment Income Investors has put the Takara-So Apartments, which sit on most of the block surrounded by Hazard, W. Main, Colquitt, and McDuffie, back on the market — with a twist. Though on-site signs have not been changed, 

Wondering why a bunch of out-of-towners are afoot hunting down $214,000 homes (such as the Lakewood Forest number pictured here) to buy as investments in Houston — just as locals start to feel a bit jittery about the possibility of coming oil-price-drop aftershocks? The sudden outsider enthusiasm may stem in part from a roundup of “Best Buy Cities” published last month by Forbes, which purports to tell folks with extra cash on their hands Where To Invest In Housing In 2015.
Last year Atlanta-based Cousins Properties splashed out big in the Houston office market,
Landry’s CEO and purported
What is the Montrose Value-Add Portfolio? “

“Cody, yeah I agree with
This 1930 brick and half-timbered 4-bedroom home on Riverside Dr. in Riverside Terrace
Inner Loop property watchers: As other Montrose apartment complexes are knocked down and redeveloped