Dallas/Fort Worth

The first quarter of 2019 picked up where 2018 left off, with significant positive absorption, asking rents staying in line with expectations, and construction continuing at a record pace, according to a JLL report.

In addition to a strong workforce, and rising labor and population rates, the business climate in Texas will facilitate further growth as companies move operations to the state, adding to multifamily demand.

Summit reports that the six hotels traded will produce a net gain of $36.6 million. The six hotels in the markets of Minneapolis-St. Paul, Boston, Santa Barbara (CA), Dallas and Salt Lake City totaled 815 rooms.

The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.

Downtown Dallas recently recorded an increase in new amenities, class-A office properties under construction and capital improvements to established assets in order to attract and retain tenants.

A robust 2019 construction pipeline doesn't negate the fact that lending is getting more restrained in these latter days of the upturn. We took the opportunity to speak with Mike Jaynes to gain insight into his 2019 outlook for construction financing.

The two-building 882,565-square-foot distribution center was chosen for its prime location in the midst of key logistics/distribution infrastructure, located 1 mile west of I-35, adjacent to Ft. Worth Alliance Airport.

The buyer, Pacific Life, saw a competitive advantage for Jefferson LasCo, which overlooks the Campion Trail and is located near the Toyota Music Factory, the Las Colinas DART rail station and Lake Carolyn.