The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of […]
MANOR – Work will start on The Grassdale at Manor, a 320-unit multifamily project in an opportunity zone. The community will include one- to three-bedroom floor plans across ten garden-style buildings. There will be 579 parking spaces. Colliers International arranged a $40.7 million Housing and Urban Development loan through a partnership with Old Capital Lending. The Grassdale […]
While the heat hasn’t given way to fall just yet, many Dallasites are still looking for ways to get out of the house with their families in a way that’s safe, relatively cool, and appropriately distanced from others. Check out these options for some inspiration. Dallas ArboretumThrough August 31, the…
KYLE – Riverside, Mo.-based NorthPoint Development have purchased 74 acres west of I-35 at Kohlers Crossing. The land will be home to NorthPoint’s first Austin-area project, Plum Creek Industrial Center, a four-building, Class A industrial center totaling 859,000 sf. Phase one will include two buildings totaling 440,000 sf. Colliers International will handle leasing. The Real Estate Center has more […]
TEXARKANA – Work starts later this month on improvements to the post office and courthouse at 500 N. State Line Ave., the only federal building to straddle two states. The Courthouse Square Connections Project is a dual-city effort led by the Texarkana Arts & Historic District. Improvements will include expanding sidewalks, adding crosswalks, closing the 5th St. entrance, […]
IRVING – PS Business Parks Inc. has broken ground on an 83,000-sf industrial building at 8480 Esters Blvd. Designed by Blackbird Studio Architects, the building is within a 340,000-sf development. Talley Riggins Construction Group is the general contractor. Stream Realty Partners is providing construction management. The Real Estate Center has more on DFW’s industrial market: Texas […]
HOUSTON – Randall Davis Co. is developing The Paramount, a 25-story condominium tower near the affluent River Oaks neighborhood. The project at 3723 Westheimer Rd. will range from 1,800 sf for a two-bedroom condo to 6,500 sf for a two-story penthouse. Prices will start at over $1 million. The penthouse will cost around $5 million. Amenities include indoor and outdoor pools, […]
RICHARDSON – Hilltop Residential has purchased The Lyla, a 240-unit apartment community at 3521 Wilshire Way in the CityLine development. Completed in 2018, the five-story apartment project is valued at more than $35 million. The seller was JLB Residential, which built the property with Crow Holdings. The Real Estate Center has more information like this online for […]
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research […]
ATHENS – A Fort Worth-based firm has purchased a 112-bed skilled nursing facility. Built in 1987, the property is near the University of Texas Health East Texas campus. Blueprint Healthcare Real Estate Advisors brokered the sale. The Real Estate Center has more Texas medical news on our website for free. Source: REBusiness Online
