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In what is being called one of the most significant land acquisitions in the history of AllianceTexas, the new property in Alliance Westport will serve as a strategic link between two pieces of critical logistics infrastructure.
A $53 million loan recently closed to refinance a class-A 320-unit apartment community in Plano located less than one mile east of the Sam Rayburn Tollway and the Dallas North Tollway junction.
American Landmark and RSE Capital Partners acquired the 1,848-unit portfolio with assets in the Dallas-Fort Worth market and Hendersonville, TN for $246.77 million.
Two shopping centers totaling 544,170 square feet have sold in Texas and Oklahoma along with the sale of a single-tenant Walmart Supercenter in Wisconsin, all totaling more than $110 million.
One of the nation's largest providers of special education and human services, Merakey, recently opened its first location in Texas to serve the needs of children and adults with autism in Tarrant County.
Because Academy was already proven in the submarket with no other store locations within 90 to 150 miles, along with new construction and strong buyer interest, multiple offers came from a variety of buyers.
RealPage AI Screening, the first AI-based screening algorithm built for the multifamily apartment rental industry, enables property management companies to identify high-risk renters with greater accuracy.
The North Dallas market has recorded an uptick in absorption and rents during the last six months, and Leon Capital's Society 190 looks to take advantage of the expanding employment in the area.
The loans were originated by the firm's recently launched CrossHarbor Senior Debt Income Fund, which is based in Chicago. The fund partnered with National Life Group to provide Scannell Properties of Indianapolis with the construction financings.