The ITEX Group Closes on Two Tax Credit Communities

The ITEX Group Closes on Two Tax Credit Communities

FOR IMMEDIATE RELEASE: 4.17.2019 Houston, TX:  The ITEX Group announced the financial closing of two developments totaling $84 Million, Tays North in El Paso, TX, and Providence at Ted Trout in Lufkin, TX. Both projects will utilize Tax Credits and begin construction...
Edison Square Grand Opening

Edison Square Grand Opening

Wednesday, January 25th the City of Port Arthur and several other supporters and housing professionals joined The ITEX Group for the opening of Edison Square. What was at one time a pre-WWII middle school is now the location for the newly construct 78 one- and...
Housing Developments Soon to Open Doors to Residents

Housing Developments Soon to Open Doors to Residents

K.T. “Ike” Akbari had a vision, which was not diminished by negativity, adversity or even his death earlier this year. Velma Jeter Manor and Willow Bend Apartments are nearing completion as ITEX and Housing Authority City of Orange hosted tours through the complexes...
ITEX Founder Ike Akbari Passes Away

ITEX Founder Ike Akbari Passes Away

SERVICES TO BE HELD SATURDAY, MAY 16, 2015 Port Arthur, TX. – Founder and CEO of The ITEX Group, K. T. “Ike” Akbari, passed away Saturday, May 9, 2015 at his residence in Houston, Texas after a prolonged illness. After earning his Masters degree in Industrial...
Complex To Give a Corner New Life

Complex To Give a Corner New Life

The developer, ITEX, is planning a major upgrade to a worn-out corner of south Houston with an apartment and retail project where an empty flea market now stands. With help from more than $15 million in public funding, the ITEX Group is preparing to remake the almost...
Park Avenue Manor enter construction phase

Park Avenue Manor enter construction phase

Housing Authority of the City of Orange (HACO) enters a new phase in construction after a long process for approval is now completed. “We want to offer the best in class housing units,” Chris Akbari, ITEX president, said. “We think this is something the community will...