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    tilman's big buy

    Houston billionaire Tilman Fertitta buys River Oaks development for a reported $450 million

    Eric Sandler
    Mar 1, 2024 | 9:15 am

    Houston billionaire Tilman Fertitta has added one of Houston’s most prominent mixed-use developments to his real estate portfolio by purchasing River Oaks District.

    The almost 14-acre property, which is located on Westheimer just east of 610, is home to luxury retail boutiques, upscale restaurants, high-end apartments, and office space. In total, it offers more than 300,000-square-feet of retail, over 67,000-square-feet of office space, and 279 apartment units.

    Terms of the deal were not disclosed in press materials, but the Houston Chronicle reports that the Rockets owner paid $450 million for the property. JPMorgan Asset Management purchased the property for $550 million in 2016, the paper notes.

    Since it opened in 2015, River Oaks District has become one of Houston’s top shopping and dining destinations. Its roster of luxury stores includes Hermes, Cartier, Rolex, Dior, Patek Phillip, and Harry Winston. It's also home to some of the city’s most popular restaurants, including Steak 48, Loch Bar, Toulouse, and Spanish restaurant MAD, which won Best New Restaurant in the 2020 CultureMap Tastemaker Awards.

    River Oaks District is only about a mile from The Post Oak, Fertitta’s hotel, restaurant, and office complex on the West Loop that’s also home to Rolls Royce dealership Post Oak Motor Cars. It’s the only hotel in Houston to earn a 5-star rating from the prestigious Forbes Travel Guide.

    “Adding River Oaks District to our Post Oak Hotel family of offerings seamlessly complements the curated experience we have created for the luxury-seeking consumer,” Fertitta said in a statement. “This is the perfect moment in time to add this premier mixed-use development to our luxury portfolio, creating incredible cross-promotional opportunities and elevating the standard for luxury dining and shopping for Houstonians and international travelers alike.”

    Fertitta has been on a bit of a real estate shopping spree. In 2022, he purchased the 30-acre Montage Laguna Beach Resort Hotel in Southern California for a reported $660 million. Taken together, the Billion Dollar Buyer has dropped more than $1.1 billion expanding his real estate holdings since 2022.

    River Oaks District completed a series of renovations, including the addition of a pocket park that stretches from Westcreek Lane on the district’s western side to its eastern boundary. Fertitta has plans for further changes, promising to “elevate the development to new heights” by attracting even more prominent retail and restaurant tenants.

    Commercial real estate and investment management company JLL Capital Markets represented the seller and procured the buyer, Fertitta Entertainment, Inc, according to a release.

    "Fertitta Entertainment is acquiring one of the most highly sought-after, trophy mixed-use assets in the U.S., and we are thrilled to have facilitated this transaction,” JLL executive Barry Brown said. “River Oaks District represents an exceptional investment opportunity with its prime location within Houston, as well as its premier luxury offerings. We congratulate Fertitta Entertainment on the acquisition of this distinguished property and look forward to see the continued evolution in the years to come."

    River Oaks District pocket park

    Photo by Shannon O'Hara

    The development added a pocket park in 2022.

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    Celebrity digs

    Post Malone’s childhood home in Texas hits market for $549,000

    John Egan
    Feb 9, 2026 | 3:00 pm
    Post Malone
    Photo by Adam DeGross
    Post Malone grew up in Grapevine and plays in Dallas-Fort Worth frequently.

    Entertainer Post Malone’s childhood home in Grapevine has gone on the market. The modest three-bedroom, two-bathroom home, at 1226 Eaton Ln., is listed for $549,900.

    “This home blends modern comfort, prime location, and a one-of-a-kind story — an exceptional opportunity in one of North Texas’ most desirable communities,” says the listing from Liz Ervin and David Ervin, both of Meyer Group Real Estate.

    Post Malone
    Photo by Adam DeGross

    Post Malone grew up in Grapevine and plays in Dallas-Fort Worth frequently.

    Built in 1987 — eight years before Malone was born — the “thoughtfully renovated” 1,685-square-foot, brick-façade home with a bright red front door offers an open-concept floor plan that features “excellent flow, abundant natural light, and a great use of space throughout,” the listing says.

    Recent upgrades include:

    • An updated primary bathroom.
    • New triple-pane, energy-efficient windows.
    • A new air-conditioning unit.
    • A new water heater.

    The listing also touts the home’s outdoor amenities and proximity to downtown Grapevine.

    Post Malone's childhood home, at 1226 Eaton Ln., Grapevine The home is near all the Grapevine hot spots.Photo courtesy of The Meyer Group

    “Step outside to a private backyard oasis featuring a sparkling pool and upgraded decking — perfect for entertaining or relaxing Texas-style,” the listing says. “Ideally located less than a one-mile walk to Grapevine’s sought-after Main Street, offering endless dining, shopping, and access to the nearby recreation center.”

    Malone, whose given name is Austin Richard Post, is a rapper, singer, songwriter, and record producer who’s easily recognizable thanks to his more than 70 tattoos, including 14 on his face.

    The entertainer moved to Grapevine at age nine with his father, Rich Post, and stepmother, Jodie, after the Dallas Cowboys hired his dad as assistant director of food and beverage, according to Malone’s bio on IMDb. Malone was born in 1995 in Syracuse, New York.

    In Grapevine, Malone learned to play guitar at age 12. He frequently plays gigs around Dallas-Fort Worth; he brought his BIG ASS Stadium Tour to Arlington in May 2025, he was the big act at the 2025 Dallas Cattle Baron's Ball at Southfork Ranch, and then he played the Cowboys' halftime show at AT&T Stadium on Thanksgiving.

    When Malone was a senior, classmates at Grapevine High School named him “Most Likely to Be Famous,” according to IMDb and CBS News. For a 2012 class project at Grapevine High, he created a viral music video for one of his first songs, “Why Don’t You Love Me?” In the video, he rocked an ’80s vibe, complete with an animal-print head scarf and cut-off denim shorts.

    Post Malone's childhood home, at 1226 Eaton Ln., Grapevine Post Malone's childhood home, at 1226 Eaton Ln., Grapevine, is listed for $549,900. Photo courtesy of The Meyer Group

    After graduating from high school in 2013, Malone enrolled at Tarrant County College but dropped out and moved to Los Angeles, where he formally launched his music career. Just two years after graduation, Malone signed a recording deal with Republic Records.

    By all accounts, Malone appreciated growing up in Grapevine. In fact, his 2024 country song “Back to Texas” pays homage to the Lone Star State:

    Ain’t found nowhere like Dallas yeah

    And I doubt I ever will it’s

    All hat, no cattle

    All belt, no buckle

    All snake, no rattle

    All honey, no suckle

    And I’ma take every last dime

    Stuffed under this mattress

    And make a Lone Star beeline

    Take my a** back to Texas


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