Houston multifamily distress News
Latest articles and news about Houston multifamily distress on AXL Media.
Latest Articles
- Houston Multifamily Loan Hits Special Servicing as Texas HB 21 Ends Key Tax Breaks
Published: Mar 24, 2026
Section: Real Estate
A $62.5 million CMBS loan backed by the Waterford Grove Apartments in Northwest Houston has been transferred to special servicing, marking a significant ripple effect from recent c...
- Houston Residential Crisis: Lenders Move Toward Foreclosure on 1,500-Unit Portfolio
Published: Feb 24, 2026
Section: Real Estate
A massive 1,500-unit apartment portfolio in Houston, managed by Falls Management Group, is moving toward a foreclosure sale following a failed legal battle to stall lenders. Despit...