Eastham Capital closes disposition of two apartment communities in Houston

Eastham Capital closed the disposition of Kensington Crossings, a 254-unit apartment community, and Morgan Bay, a 268-unit apartment community, both in Houston, Texas.

Kensington Crossings was acquired in 2018 and Morgan Bay in 2019, for the portfolio of Eastham Capital Fund V, LP, as a joint venture between Mosaic Residential and Eastham Capital. The sale prices were not disclosed.

Kensington Crossing Apartments includes a mix of one-, two-, and three-bedroom units ranging from 759 to 1317 square feet.  Morgan Bay Apartments includes a mix of one and two-bedroom units ranging from 561 to 1042 square feet.

The team implemented a comprehensive repositioning strategy that significantly enhanced the asset’s profitability.  At the time of disposition, Kensington Crossing was approximately 96.5% occupied, with in-place rents having increased from $1,000 at the time of acquisition to $1,344.   Morgan Bay was approximately 94.8% occupied, with in-place rents having increased from $632 at the time of acquisition to $922.

JT Magen completes office space for BRR Architecture in Austin

 JT Magen completed new office space for BRR Architecture at 3218 Manor Road in Austin, Texas.

JT Magen served as construction manager for the 4,117-square-foot buildout, overseeing all aspects from budgeting and scheduling, procurement of materials, managing subcontractors and conducting the final handover. JT Magen collaborated with the rest of the project team –  architect / interior designer BRR Architecture and MEP engineer Salas O’Brien – to deliver a functional, collaborative space that met BRR Architecture’s needs.

BRR Architecture is a national architectural design firm with more than 60 years of experience designing spaces that elevate the everyday experience. The company collaborates with clients across multiple sectors, including retail, hospitality, industrial, mixed-use, multifamily, and office environments. BRR opened their Austin office in 2016. After almost a decade, the firm was ready to expand into a larger space to accommodate its growing team.

The open plan office space spans one floor of the building and features a mix of workstations and private offices, a flex room, a plot room for large-scale drawings, meeting and conference rooms, and a breakroom. A custom hand-painted mural that blends community and office culture and a full kitchen breakroom make the space inviting and unique.   

CORFAC International names Bradford EVP Joe Santaularia as 2026 President

DALLAS – Marking a major milestone for his career, Joe Santaularia, executive vice president of Bradford Commercial Real Estate Services, will become the youngest president of CORFAC International in its 36-year history, effective Jan. 1.

Santaularia, who turns 39 this week, previously has served as CORFAC’s vice president, treasurer and secretary in addition to his tenure on multiple leadership committees. He is succeeding Daniel Shindleman, CCIM, MRICS, Bridgemer AG/CORFAC International in Wollerau, Switzerland.

“It’s my honor to lead CORFAC International’s network of 75 independently owned and operated commercial real estate brokerage offices,” Santaularia says. “As president in 2026, I want to contribute to making the CORFAC brand even stronger worldwide. We’ll also be concentrating on developing more in-network referral business and relationship building, which will benefit our network’s clients.”

CORFAC’s new president grew up in the commercial real estate business, tagging along with his father, Kevin J. Santaularia, president, CEO and chairman of the board of Bradford Commercial Real Estate Services, who bought the firm in 2000 and shortly thereafter joined CORFAC’s global network of independently owned brokerage firms to grow the company.

“CORFAC referrals have been instrumental in helping our firm grow and attract new business to Dallas/Fort Worth, as we do for other network members throughout the country,” says Bradford’s president and CEO.

The younger Santaularia, and new CORFAC president, earned his broker’s license in his sophomore year at the University of Kansas. He closed his first deal in his senior year.

Joe Santaularia joined Bradford as a broker associate in 2008 after graduation, rising through the ranks to executive vice president and director of strategic investor relationships, capital placement and 3PL partnerships. In 2021, he was accorded CORFAC’s Thomas Hayes Jr. Member Excellence Award for his dedication to introducing cutting-edge ideas to the network. To date, he has completed more than six million square feet of transactions.

CORFAC’s 2026 executive committee also includes Trent Scott, CCIM, First Capital Property Group of, Orlando, Fla., as vice president; Dan Dokovic, SIOR, of Intelica in St. Louis as treasurer; Edward F. Del Beccaro of TRI Commercial in Walnut Creek, Calif. as secretary; and Shindleman, immediate past president. At-large members are Brody Cohen of Capacity Commercial in Portland, Ore,; Chris Gerlach, SIOR, of CSA Realty Group inn Austin, Texas; Andy Mills, SIOR, of Elford Realty in Columbus, Ohio; and Jason Capitani, SIOR, of L. Mason Capitani in Troy, Mich.

The CORFAC network annually closes $10 billion in transaction volume, 10,000 sales and leases, and closes and manages 750 million square feet. The global footprint includes offices in the United States, Belgium, Canada, Chile, Costa Rica, Dominican, Republic, England, Germany, Ireland, Italy, Japan, Kazakhstan, Mexico, Netherlands, Poland, Romania, Russia, Scotland, South Korea, Switzerland and United Arab Emirates.

Trammell Crow Company names market leader in Dallas-Fort Worth office

Trammell Crow Company promoted Joel Behrens to Market Leader of the firm’s Dallas-Fort Worth office.

In this role, he is responsible for the day-to-day operations and strategic oversight of all new development and investment activity for TCC and High Street Residential (HSR), the firm’s residential subsidiary, throughout the region. He will report to Adam Nims, CEO of Trammell Crow Company.

Behrens joined TCC in 2008 and was named Principal in 2015. He previously served as a Managing Director, responsible for sourcing and executing real estate acquisition and multifamily development projects in the Dallas-Fort Worth market. During his tenure at TCC, Joel has executed 9.5 million square feet of office, multifamily, and mixed-use development projects, totaling over 6,500 units. Notable projects include the redevelopment of Knox Street and Park District.

Stephen Bontempo, PE, hired at Dunaway

Dunaway is pleased to announce Stephen Bontempo, PE, as the newest addition to our Austin team. Stephen joins Dunaway as a Vice President, bringing over three decades of experience in bridge inspection and engineering services as the owner of Bontempo Structural Engineering, Inc. In his new role, Stephen will continue to lead best practices in planning, scheduling, inspections, load rating, and quality control, delivering even greater value to our clients and communities.

Kathleen Hull, PE, PMP, CFM, hired at Dunaway

Dunaway is pleased to announce Kathleen Hull, PE, PMP, CFM, as the newest addition to our Austin team. Kathleen joins Dunaway as a Senior Project Manager, bringing over 27 years of experience in all facets of bridge inspection, hydraulics, and scour analysis. In her role as Senior Project Manager, she will continue to manage complex, multi-district projects, complying with FHWA and TxDOT standards, and driving quality assurance initiatives.