You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, […]
Archives: August 2020
Realty.com affiliate picks up 20-story Houston office
HOUSTON – An affiliate of locally based Realty.com has purchased a 20-story office tower near Greenspoint Mall. The 400,000-sf building opened in 1982 at 363 N. Sam Houston Pkwy. E. The seller was California-based The Khoshbin Co. Get more Houston-area office news on the Real Estate Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land office […]
JPI sells 2,000 DFW apartments
DALLAS – JPI is selling almost 2,000 apartments across five communities to an affiliate of Lone Star Funds. The purchase includes: Jefferson Reserve and Jefferson Vantage at 2710 and 2810 Routh Creek Pkwy. in Richardson; Jefferson Boardwalk at 1901 Knightsbridge Rd. in Farmers Branch; Jefferson Eastshore at 1100 Lake Carolyn Pkwy. in Irving; and Jefferson West Love at […]
61K-sf warehouse sold in Grand Prairie
GRAND PRAIRIE – A 60,800-sf warehouse at 1205 E. Avenue H has been sold. Built on 2.75 acres in 1969, the property has 18-ft clear heights. NAI Robert Lynn brokered the transaction. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online
United Properties planning 280-unit apartment complex
AUSTIN – United Properties is building a 280-unit apartment complex on 2.38 acres at 4329 and 4341 Congress Ave. The five-story property will have 5,500 sf of ground-floor retail and restaurant space. The St. Elmo’s Backyard food truck park will be demolished for the development. The Real Estate Center has more news like this online […]
24K-sf office building coming to East Austin
AUSTIN – Rastegar Property Co. is developing a 24,000-sf office building at 809 E. 8th St. The property will have increased air filtration, an exterior stairwell, and large porch for social gatherings. Construction will be complete in late 2022. The Real Estate Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area […]
Should You Buy an Existing Home or New Construction?
Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at […]
DFW top metro in apartment construction
WASHINGTON – Dallas-Fort Worth is set to complete over 19,300 new multifamily units this year, more than any other U.S. metro, according to RentCafé. DFW has ranked first in new apartments for three years in a row. No. 3 Houston and No. 5 Austin are expected to deliver 10,400 and 9,300 apartment units this year, respectively. No. 19 San Antonio […]
How to Spend Labor Day Weekend in Dallas
Dream Unlimited, Pauls purchases five DFW rental communities
DALLAS – Toronto-based Dream Unlimited Corp. and Denver-based Pauls Corp. have purchased a five-property, 1,200-unit multifamily portfolio for $178 million. The communities, a combined 95 percent leased, include: Tallows Apartments at 1602 Frankford Rd. E. in Carrollton; Fieldcrest Apartments at 4747 N. Josey Ln. in Carrollton; Tall Timbers Apartments at 501 Sycamore Ln. in Euless; Villas at […]