**Texas People & Companies – August 15, 2025**
– **Marcus & Millichap Completes Sale of Galveston Hotel**
Marcus & Millichap (NYSE: MMI) announced the sale of a 57-room Comfort Suites hotel located in Galveston, Texas. Skyler Cooper, an investment specialist from the firm’s Dallas office, exclusively represented the seller. Built in 2007, the property features a lounge/bar, outdoor pool, whirlpool, meeting space, fitness center, and business center.
– **TAAHP Names Meghan Cano Board President**
The Texas Affiliation of Affordable Housing Providers (TAAHP) appointed Meghan Cano as president of its board of directors. Notably, Cano becomes the first TAAHP leader who once lived in a low-income housing facility. She serves as CEO of CHR Partners, a San Antonio-based nonprofit that provides social services to over 15,000 Texas families monthly. Cano brings more than two decades of experience in affordable housing finance and advocacy.
– **CBRE Boosts Debt & Structured Finance Team Across Texas**
CBRE’s Debt & Structured Finance division added Andy Scott, Michael Cosby, and Kris Lowe as Vice Chairs. Together, the team brings over 50 years of combined commercial real estate finance experience and has closed transactions totaling more than $60 billion. They will focus on expanding CBRE’s debt and equity placement services statewide, with an emphasis on multifamily properties.
– **Hines Begins Leasing Meadowlark at Wildflower Ranch**
Hines announced the launch of leasing for Meadowlark at Wildflower Ranch, a community of 129 single-family rental homes within the 1,100-acre Wildflower Ranch development in Justin, Texas, a Fort Worth suburb. The homes feature three-bedroom floor plans ranging from 1,600 to 2,066 square feet, with rents starting at approximately $2,595.
– **Conroe Shopping Center Sold by Marcus & Millichap**
Marcus & Millichap also brokered the sale of Conroe Shopping Center, an 18-suite retail property in Conroe, Texas. Investment specialists Bill Dang and Justin Miller from the firm’s Houston office represented the buyer, a Houston-based investor. Built in 2004, the 51,030-square-foot retail center is shadow-anchored by Kroger and is located at 2218 Interstate 45 N.
