Month: February 2018

Garth Brooks Kicks Off Houston Rodeo Concerts Tuesday Night

Garth Brooks Kicks Off Houston Rodeo Concerts Tuesday Night

HOUSTON, TX — The Houston Livestock Show and Rodeo (HLSR) got underway last weekend with its annual barbecue cook-off. The music concerts begin Tuesday night at NRG Stadium, and the biggest act of this year’s rodeo — Garth Brooks — will play the first show and the last show.

The shows open with Brooks on Tuesday, Feb. 27 and he will close it on Sunday, March 18, the full lineup is listed under the video.

The Garth Brooks shows are already sold out — they went on sale in December and didn’t last 30 minutes. The tickets for the remainder of shows will go on sale online at 10 a.m. on Thursday, Jan. 11, with the waiting room area beginning at 9:30 a.m. Click here to purchase individual tickets through ATX.

Weekday rodeos start at 6:45 p.m. The entertainer takes the stage at approximately 8:45 p.m.
Weekend rodeos start at 3:45 p.m. The entertainer takes the stage at approximately 5:45 p.m.

The HLSR will also unveil a newer, bigger stage for the concerts this year.
Here is the full lineup:

Tuesday, Feb. 27 — Garth Brooks* (Country)Wednesday, Feb. 28 — Little Big Town (Country)Thursday, March 1 — Blake Shelton (Country)Friday, March 2 — Leon Bridges (R&B/Pop)Saturday, March 3 — Kelsey Ballerini (Country)Sunday, March 4 — Alessia Cara (Pop)Monday, March 5 — Rascal Flatts (Country)Tuesday, March 6 — Jason Aldean (Country)Wednesday, March 7 — Thomas Rhett (Country)Thursday, March 8 — Luke Bryan (Country)Friday, March 9 — Chris Young (Country)Saturday, March 10 — Cody Johnson (Country)Sunday, March 11 — Calibre 50 (Regional Mexican)Monday, March 12 — Zac Brown Band (Country)Tuesday, March 13 — J Balvin (Spanish Pop)Wednesday, March 14 — One Republic (Rock)Thursday, March 15 — Keith Urban (Country)Friday, March 16 — Chris Stapleton (Country)Saturday, March 17 — Brad Paisley (Country)Sunday, March 18 — Garth Brooks* (Country)

* SOLD OUT

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Image: Garth Brooks performs at Yankee Stadium in New York City. (Photo by Theo Wargo/Getty Images)

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John Brackett Moves Into the Houston Market

John Brackett Moves Into the Houston Market

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February 13th, 2018 – Carlsbad, California – John Brackett, real estate investor, expands into Houston, Texas. John Brackett made the following comments; �with large multifamily inventory under scrutiny in the region, the economic significance of small asset multifamily (5 – 49 units) may have been marginalized.��

�Houston is the 5th largest Metropolitan Statistical Area in the United States. Houston continues to diversify its employment base with fortune one thousand companies committed to long-term growth in the region. These companies have made and continue to make significant capital investments into the region.� Industrial and retail vacancy continue to rank competitively when compared to national averages.�

�I favor multifamily commercial real estate, because I value community.� In my experiences, communities are eager to work alongside someone who wants to contribute and not just take.� I believe apartment buildings offer a unique opportunity to bring people together and create community.� We are often approached to purchase apartment buildings that lack a sense of community. We are eager to add value to the community and learn how to be better community partners.�

This move to Houston may not come as a surprise. John Brackett has built a reputation for spotting niche investment opportunities in markets other firms are slow to recognize. His results combined with his collaborative leadership style has created a loyal following of investors, lenders, and community partners.� ��

About John Brackett �

Fidelity Business Partners

John Brackett is President of Fidelity Business Partners, a private equity firm with a focus on multifamily commercial real estate.� FBP works with individual investors and private wealth advisors that lack access to alternative real estate investments.

�John Brackett is Chief Investment Officer for John Brackett Investments, a family office based in Carlsbad, CA.� JBI�s flexible investment mandate allows it to focus on value-add real estate opportunities that may be overlooked by less nimble market participants.� ��

John Brackett is a member of the International Economic Honor Society.� He completed his undergraduate studies at San Diego State University with an emphasis in finance and economics. John Brackett is also an alumni of the Pacific Coast Banking School at the University of Washington. He holds an additional degree in health and science.

Media Contact
Company Name: John Brackett Investments
Contact Person: Debbie Brackett
Email: Contact@johnbrackettinvestments.com
Phone: (760) 350-9474
Address:6965 el Camino Real, st 105-190
City: Carlsbad
State: CA 92009
Country: United States
Website: http://johnbrackettinvestments.com/

Source: www.abnewswire.com

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Houston ISD Board President: ‘We Have A Tough Year Ahead’

Houston ISD Board President: ‘We Have A Tough Year Ahead’

HOUSTON, TX — More than 1,500 folks packed a ballroom at the Hilton Americas-Houston on Thursday for the annual Houston ISD State of the Schools luncheon, and the message wasn’t minced. HISD Superintendent Richard Carranza and HISD Board of Education President Rhonda Skillern-Jones got straight to the point when offering their assessment.

Both of the leaders urged business professionals and state lawmakers to work with the district in advocating for changes to the state’s funding system for public education.

“The last time the state of Texas updated its school funding system, Ronald Reagan was President of the United States. That was 1984, and a lot has changed since 1984,” Carranza said. “We need a school finance system that will reflect the needs of today’s students and does not so heavily rely on local property taxes to fund schools. We continue to do more with less because the state does not give school districts their fair share for public education. We have lawmakers in the room right now, and we urge them to support a system that provides a better education for our children in the 21st century.”

Keeping with the event theme “Rebuild and Reimagine,” both touted the district’s commitment to innovation, ensuring equity within all schools, and creating a world-class school district despite post-Hurricane Harvey challenges.

“We have a tough year ahead,” Skillern-Jones said. “Harvey wreaked havoc on our employees and students as it did our entire city. The water may be gone, but its devastation remains. We need your help to rebuild and reimagine.”

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The HISD Foundation sponsored Thursday’s annual luncheon that was sponsored by Chevron. The program highlighted students, teachers and schools from across the district. Among those participating were the Mickey Leland College Preparatory Academy for Young Men Barbershop Quartet, All-District Honors Jazz Band, the Lamar High School cheerleaders and orators who performed monologues for the Project aDOORe exhibit.

“The State of the Schools Luncheon is such an exciting opportunity for the community to hear directly from the superintendent about the priorities of the Houston Independent School District as well as a great way for us to showcase some of the innovative and exciting things happening with students on campuses all over the district,” HISD Foundation Executive Director Ann Scott said on the HISD website. “We’re also so grateful to our guests for helping the HISD Foundation raise funds to support our Innovation Fund, which allows us to invest in schools and promote innovative opportunities for our students to learn and grow.”

In his second address since assuming leadership of the district last school year, Carranza addressed some of HISD’s greatest challenges, including a projected $208 million deficit and the state’s school finance system, which has led HISD to recapture.

Carranza called recapture today’s most pressing issue for HISD. Although HISD serves 76 percent of economically disadvantaged students, HISD is considered “property-wealthy” and is required to send millions of its local property taxes to the state to distribute to poorer school districts — the so-called “Robin Hood Plan” as it’s known around the state.

“This year, we’re going to have to write an estimated $260 million check to the state of Texas because of recapture,” Carranza said. “Ironically, if we did not have a recapture payment and the state of Texas would step up to its constitutionally required duty to properly fund public education, we could eliminate the deficit at HISD and have additional funds to provide resources for our students in the communities that need it most.”

Despite budget challenges, Carranza says HISD remains more committed than ever to its obligation to educate the whole child and provide the essential services students need to be successful. As part of that commitment, the district is reimagining how it supports students outside the classroom, expanding services such as housing, food, or healthcare through wraparound services.

Carranza also addressed HISD’s status as one the largest employers in the region, with nearly 31,000 employees whose direct constituents are the 214,000 students enrolled in HISD and how important partnership is to the district’s future.

“Those 214,000 students will soon be your workforce. So let’s talk about how we can work together to build some academies so we’re infusing the kind of skills and innovation that you want when we graduate those students. Your partnership now is crucial because together, we are educating the future economic engine of our community. In the face of a more than $200 million deficit and without the investment of people like you, innovative programs will not be available for our students, and that is not fair for our future workforce.”

The event featured projects funded by the HISD Foundation’s Innovation Fund through funds raised at the 2017 State of the Schools luncheon. Those projects include Hartsfield Elementary School, which used a 3D printer to create a wheelchair cart for a dog that could not use her hind legs. Also, M.C. Williams Middle School students used a 3D printer to make a prosthetic arm for a sixth-grade student at the Mandarin Immersion Magnet School.

During the event, three schools were announced as winners of Innovation Grants. Berry Elementary School will receive a $3,100 grant from the HISD Foundation’s Innovation Fund, McReynolds Middle School will receive a $7,000 grant, and Sharpstown High School will receive a $20,000 grant. Berry will use its grant for supplies and equipment to create a “Makers Space” for its kindergarten students. McReynolds will use the grant for a STEM and literacy program called “Robots and Literature: Rolling in the Genres.” Sharpstown will use the grant to purchase supplies, equipment, and materials for the Sharpstown Storytelling project, a digital storytelling project that will not only help students improve their literacy and communication skills, but allow them to share their stories.

“This was all made possible because of generous donations to the HISD Foundation’s Innovation Fund,” Carranza said.

Houston ISD contributed to this report

Photo via HISD video

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Top 5 Houston submarkets for apartment rentals revealed – Houston Business Journal

Top 5 Houston submarkets for apartment rentals revealed – Houston Business Journal

Downtown is the hottest rental submarket in Houston, according to a February 2018 report from Houston-based ApartmentData.com, a data website that tracks the multifamily industry.

The report looked at a combination of rental rate growth and absorption over the past three months and attributed downtown with a 12.3 percent annualized growth from November through January, while the Interstate 10 East/Woodforest/Channelview submarket came in second with a 6.6 percent annualized growth, according to ApartmentData.com.

Bruce McClenny, president of ApartmentData.com, explained downtown’s high rank is due to new properties that have come on the market, such as Aris Market Square, which opened in September 2017. The Hines luxury high-rise features a designated dog-washing room, a bike repair room and a garden terrace and patio accessible 24 hours a day.

In relation to other parts of the city, downtown didn’t have much supply to begin with, McClenny said. Currently there are 23 properties downtown with almost 6,000 units while two years ago the supply was about half of that. These mainly Class-A apartments have been slower to lease up, he said, with an average occupancy rate close to 68 percent as of the end of January.

Top five Houston submarkets for apartments by annualized growth from November-January, according to ApartmentData.com:

• Downtown, 12.3 percent

• I-10 East/Woodforest/ Channelview, 6.6 percent

• Bear Creek/ Copperfield/ Fairfield, 7.4 percent

• Greenspoint/Northborough/Aldine, 5 percent

• Brookhollow/Northwest Crossing, 3.7 percent

Three out of the five submarkets (I-10 East, Bear Creek and Greenspoint), saw Hurricane Harvey-induced rent growth, due to a diminished supply of apartments after the storm. As flooded-out homeowners looked for apartments in the area that pushed up demand for a limited pool of options. More demand and less supply typically equates to raising prices, McClenny said.

Brookhollow, the fifth-hottest submarket, is “just a steady performer,” McClenny explained, consistently performing well in relation to the city’s 42 submarkets.

Currently across Houston, the occupancy rate is 89.3 percent with an average monthly rent of $1,016 as of Jan. 31, across all apartment classes in town. Houston has a slightly lower occupancy rate than other major Texas cities such as Dallas-Fort Worth (91.4 percent), San Antonio (89.7 percent) and Austin (90.1 percent).

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