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Startup building AI for health care moves HQ to Austin, raises $12.5M
Another startup has moved its headquarters to Austin as it looks to grow. Thoughtful Automation, which is building artificial intelligence for the health care industry, plans to hire over a dozen employees in the next 18 months.

High interest rates will continue to dampen deals, Frost Bank CEO says
Amid a high interest rate environment, commercial real estate feels the brunt more than other industry, according to Frost Bank CEO Phil Green. At the end of this report, check out ABJ's list of banks with branches in the Austin metro.

East Austin coffee shop closes amid mountain of debt
East Austin coffee shop Try Hard Coffee Roasters' last day of business was April 28. Try Hard first opened during the pandemic at 1115 E. 11th St., its owners said in a farewell social media post. They attributed the closure to the amount of debt taken on to support the business. ?The truth is we (as owners, yes entirely our fault and we own it) had to take on too much debt to get open and operate through the course of all of the challenges we faced by being a bootstrapped [café] during a very?

Real Estate Roundup: Quantic Wenzel signs big lease in North Austin
The new lease is among the largest in recent memory, with only one other topping it in the first quarter. Read more about it and other deals in our latest Real Estate Roundup.

Tesla electrifying Austin economy far and wide
These sites ? and just about everywhere in between ? are among the locales where the "Tesla effect" is coming to fruition, referring to how the company's relocation to Austin has spurred additional economic development in the region, either through direct investment themselves, by the company's suppliers, or by others in the industry.

Valentina's Tex Mex BBQ owners owe $2.3M, according to ABJ investigation
It had lines out the door. It made Texas Monthly's "50 Best BBQ Joints" list. Plus, it had unusually high financial support from those who believed in it ? including public subsidies. Nonetheless, Valentina's is burdened by a mountain of suspicious debt as it attempts to re-open after a sudden closure. This report details the latest in this suddenly popular saga.

Journal Profile: Eddie V's was just the start for restaurateur John Carver
Get to know John Carver, the man behind several acclaimed Austin restaurants, in our weekly Journal Profile series that aims to go well beyond an influencer's LinkedIn page or online bio.

Silicon Valley-based EcoMicron to get up to $1.3M in incentives to move HQ to Cedar Park
The company must buy its building by the end of this year and employ 48 people by 2028 to get the maximum incentive amount. Get more details about the deal codenamed "Project San Jose" in this report, which also contains ABJ's latest list of go-to industrial real estate brokers.

Far East Austin's development pipeline is packed
East Austin is bustling with bulky commercial and residential projects. From high-rise buildings along the Colorado River, a park bigger than Zilker and a futuristic city on the other side of the airport, here is a look at 14 developments poised to transform the east side of the metro. It's part of our special coverage related to the recent East Austin Growth Summit.

Georgetown manufacturers ink big leases in industrial parks amid growth plans
The moves are part of a continuing wave of manufacturers flocking to and investing in the Austin suburb. At the end of this report, check out a list of commercial real estate brokerage firms in the Austin area.