Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history. Let’s connect if you’re ready to make […]
For the second consecutive year, the Dallas Mavericks will compete in the NBA postseason! Thanks to an improved defense, many experts have deemed them a “dark horse team to watch,” ahead of the 2021 playoffs. What better way to root for the Mavs than an outing to a highly…
DENTON – Ranchland Foods is moving its head office and an e-commerce fulfillment center to the former Miller Beer building on I-35. The firm will take 63,000 sf of space and create 140 jobs. Ranchland will spend $5.7 million for improvements, fixtures, and equipment. The city provided an economic development grant for the move. The Texas Real Estate […]
MESQUITE – A unit of Kohlberg, Kravis, Roberts & Co. has acquired the first phase of the Urban District 30 industrial park. Located at the northeast intersection of I-30 and I-635, the five-building, 980,000-sf project broke ground in January 2020. Urban District 30 is a project of Urban Logistics Realty and a private real estate equity […]
KYLE – Momark Development, the city, and Cardinal MF LLC have started on the first phase of The Brick and Mortar District. Formerly known as Uptown, the 138-acre mixed-use urban village is within the Plum Creek master-planned community. At full build-out, it will have 2,500 homes, 150,000 sf of retail, 250,000 sf of office space, and 35 acres of parkland and trails. […]
AUSTIN – Locally based Rastegar Property Co. has acquired Velo Flats, a 70-unit apartment complex in the Windsor Park neighborhood. The 56,780-sf property was built in 1972 on three acres at 2606 Wheless Ln. The new ownership is underway on a capital improvement program. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly […]
SAN ANTONIO – Montecito Medical has acquired a newly built, 29,375-sf medical office building in Westover Hills. The property was fully leased at the time of sale to anchor tenant Methodist Healthcare of San Antonio, as well as South Texas Radiology and San Antonio ENT. The Texas Real Estate Research Center has more on San Antonio’s medical market: Texas Quarterly […]
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their […]
School’s out for summer! If summer travel plans are in your near future, June is a perfect time to head to Dallas. We’re kicking off Pride Month with Dallas’ iconic Pride celebration before heading to a series of cultural performances, family-fun events and plenty of outdoor adventures. Celebrate Dallas Pride…
AUSTIN – According to the Mortgage Bankers Association, Texas mortgage delinquency rates declined during first quarter 2021. In 1Q2020, there was a jump in the delinquency rates for mortgages between 30 and 89 days past due because of the number of mortgages in forbearance. Since then, delinquency improved in that category, reaching pre-pandemic levels “Both the delinquency rates for […]
