Dallas Ft. Worth's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
FORT WORTH-Prescott Realty buys Summit Office Park from Klabzuba. A $21-million loan and $5.6 million of additional good news money seed the buyer's return to the city.
DALLAS-A private investor from Los Angeles gets his first real estate in the region, the 83%-leased Northlake Doctors Building, as he shops for more office and retail to buy.
ARLINGTON, TX-King Properties buys a neighbor, the 186-unit Misty Ridge Apartments. By meeting the $11.2-million ask, King also gets the 144-unit Riverfall in Dallas.
DALLAS-Experts say the sector will make unprecedented gains despite the financial markets' turmoil. Deals will take longer to close, but qualified buyers will cross finish lines.
DALLAS-Transwestern, faced with the loss of a key multifamily broker, brings a 30-year veteran on board to fill the slot. The transition is in full swing this week.
DALLAS-Fortis sets the stage for a record-breaking sale with a 2.3-million-sf portfolio that's predicted to reach $600 million at the closing table. The call for offers is mid-November.
DALLAS-Occupancy and rents climb for the first time this year as single-family rentals go away. The residential sector also gets a break, but it's not likely to last.
DALLAS-Provident Realty Advisors and Sphinx Development will bring out 280 units on 21 of 52.6 acres bought in early November. Rose Court at Thorntree gets its go-ahead after 264 nearby acres grab headlines as the next campus for the University of North Texas.
DALLAS-Lone Star's owner, Scott Walton, becomes a senior loan officer with yesterday's closing. BMC's two-year plan is to buy 25 small shops in the US to become the first branded arranger of commercial loans in the $500,000 to $5 million sector.