This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Former Situs Founders Form New Commercial Real Estate Investment Firm

BHW's principals control several assets in the Houston area, including:

  • Stafford Promenade: 23 acres of commercial land that wraps the intersection of Highway 90 (S. Main St) and FM 1992 (Murphy Road) in Stafford, TX. BHW's principals originally sourced and purchased a non-performing loan collateralized by 52 acres of land that was embroiled in a hostile bankruptcy. The borrower was foreclosed and the team worked diligently with the local municipality to change the existing zoning of a portion of the property to allow for residential development. 28 acres were then sold to a homebuilder that has commenced construction. In addition to marketing the remaining land for sale, BHW is now evaluating the viability of constructing a retail center on Highway 90.
  • Timmons Place: Along with a joint venture partner, BHW recently purchased and controls a boutique retail and office property in the highly-valued Inner Loop / River Oaks submarket. BHW is managing the 49,000- square-foot property that consists of two buildings. While this is the first multi-tenant acquisition that BHW has managed, Martin Bronstein previously oversaw Situs' management of approximately 500,000 square feet of multi-tenant retail space in the greater Houston area.
  • 4665 Southwest Freeway: BHW's principals own and manage the Situs headquarters office building on the Southwest Freeway, just inside Loop 610. The group is currently evaluating its options for the property, including a potential redevelopment of the site.
  • Dairy Ashford / Westpark: BHW's principals control two parcels of land totaling approximately four acres. The group originally acquired 18 acres of land and sold ten parcels of land totaling 14 acres to a mix of national retailers and local users.

For more information, visit .


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs