McKINNEY – New York-based JEN Partners and Dallas-based Oxland Advisors are building almost 3,400 homes in their Painted Tree development. Phase one will include several hundred homes. Prices for the smallest townhouses will start at just under $300,000. Between three and five homebuilders are expected to build in the project. The community will include 200 acres of greenbelt […]
MIDLAND – Local unemployment continued trending downward last month as the pandemic and oil downturn began to ease. The unemployment rate fell from 9.5 percent in July to 8.1 percent in August. However, the rate remains well above the 2.3 percent recorded last year. The civilian labor force increased by 4,000 over the month to 106,263 people. However, that number […]
RICHARDSON – NE Construction is building an apartment community on three acres on Spring Valley Rd. west of US 75. The urban-style rental community will have a five-story parking garage and a four-story building with 186 units. Apartments will range from 500 to 1,000 sf It will replace a 60-year-old, 73-unit townhouse project. Arrive Architecture Group designed the community. The […]
HOUSTON – Coachlite Mobile Home Park, a 42-site manufactured housing community, has been sold. The 113,692 sf property is at 7114 Dixie Dr. Marcus & Millichap arranged the sale. The Real Estate Center has more information on housing: Houston-area housing news Texas Housing Insight Houston-area housing reports Home Price Index Housing Activity Data Housing Affordability […]
SEGUIN – TFE 321 LLC has acquired 10Forty8 Modern Living, a 128-unit apartment community at 1048 Country Club Dr. Built in 1973, the property has one- to three-bedroom units. Monthly rents range from $835 to $1,125. Amenities include a pool, fitness center, outdoor grilling area, and laundry facilities. Colliers Mortgage and Old Capital Lender arranged […]
Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start. […]
When you think of what your perfect day is like, what does it include? Good food? Quality time with friends? This is something we asked blogger Brittany Bullock. Bullock, who has been in Dallas for over more than four years, works in the digital and tech space building strategies…
McKINNEY – Florida-based ZOM Living has sold Kinstead, a 376-unit apartment community at 5701 McKinney Pl. Dr. The property has studio and one- and two-bedroom floor plans. Amenities include two pools, a 24-hr fitness center, outdoor grilling stations, game room, and pet park. Newmark Knight Frank represented the seller. The buyer was a fund sponsored by […]
HOUSTON – Somerville, Mass.-based Greentown Labs is moving into the former Fiesta grocery store at 4200 San Jacinto St. in Midtown. The 42,000-sf building will be transformed into an incubator with a prototyping lab, office, and community space for up to 50 startup companies. Between 200 and 300 employees will work there. Opening is set for spring […]
DALLAS – PGIM Real Estate has partnered with Perlmutter Investment Co. to purchase a 30-building, 5.4 million-sf industrial portfolio for $700 million. The portfolio includes three North Texas properties totaling almost one million sf. They are: I-20 Logistics Center in Grand Prairie, a building at 4721 Mountain Creek Pkwy. in Dallas, and an industrial asset at 120 Intermodal Pkwy. […]
