Grist for the Rumor Mill: “Left Bank” property sold

We’re hearing rumors now that Ken Schaumburg has sold his “Left Bank” property on the west bank of the Trinity off 7th to N3 Capital, and a project is in the planning (being led by Crescent Real Estate ex-CEO Jerry Crenshaw) that would be a $3.5 billion upscale development.

That is literally all we’ve heard, so take it with a huge grain of salt.