Dallas/Fort Worth

USAA Real Estate and Seefried Industrial Properties will break ground on the 1,272,240-SF distribution center in Forney, TX in Q1 2022.

The NFM-anchored project in Cedar Park, TX is expected to generate $435 million in net new city tax revenue during its first 25 years.

The purchase of the 101,608-SF property in Plano, TX represents the REIT's first investment in an inpatient behavioral health facility.

Investors are now looking at assets that are both resilient during a recession and during a pandemic, and healthcare properties have become the perfect hedge against both.

A little flexibility can help real estate projects of all shapes, sizes and needs reach the finish line, says HALL Structured Finance's Donald Braun.

With demand heating up and institutional capital entering the arena, the single-family rental market is booming.

"We see the value in industrial, the long-term demand by a myriad of users, the fungibility of assets, and how many sectors it touches," says Spirit Realty's Steve Wolff.

The two multifamily acquisitions effectively doubles the firm's portfolio within the state, upon entering the market eight months ago.