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Ashford Hospitality Trust Inc. successfully refinanced a mortgage loan with an existing outstanding balance totaling approximately $972 million, while the new loan totals $985 million.
Under the terms of the agreement, Ashford will acquire Remington's project management business for a total value of $203 million to be paid by issuing voting convertible preferred stock to the sellers.
The latest addition to Harwood District is Number 10, the class-A office tower featuring 220,548 rentable square feet of office and La Rue Perdue, an alleyway consisting of retail and restaurant space.
Phase one delivery of four buildings began in November 2017, and the vision for Park 20/360 developed into a much-needed addition to the 100 million-square-foot Great Southwest industrial district.
In less than a decade, AT&T, Toyota, NTT Data and Comerica have all made headlines with relocations and expansions in the region, and there is more than 10 million square feet of office space slated by 2020.
In the first two months of this year, 12 multifamily transactions totaling 3,699 units were completed in Dallas, Houston, Halthom City and San Antonio.
Senior living communities of the future will be designed and constructed so apartment units can be repurposed for a change in market demand of the level of care, Travis Leissner says in this <b>EXCLUSIVE</b>.