AUSTIN – SWBC has sold Falconhead Apartments, a 248-unit community at 3400 Ranch Rd. 620 S. in the Bee Cave/Lakeway submarket of Austin. Built in 2003, the property had one-, two-, and three-bedroom units and amenities such as a pool, spa, outdoor grilling areas, clubhouse, fitness center, and dog park. Berkadia represented SWBC, which purchased the property […]
Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through […]
Welcome to Deep in the Heart of Dallas! Our latest series, focused on sharing the stories of the Dallas Black community, follows local creatives through the city to learn about favorite spots, must-taste foodie finds and how the city inspires their work. Today, we’re featuring Courtney Johnson! Johnson is the…
MADISONVILLE – D&J Storage, a 292-unit self-storage facility spanning 41,740 sf, has been sold. The property is at US 190 and S. Short St. in downtown. Marcus & Millichap arranged the deal. The Texas Real Estate Research Center has a wealth of economic information online for free. Texas retail news Texas Quarterly Commercial Report Source: REBusiness Online
HOUSTON – Locally-based Keener Investments has acquired the 312-unit multifamily Montelago Apartments. The property was built in 2004 with one-, two-, and three-bedroom floor plans. Amenities include a newly remodeled clubhouse, outdoor grilling stations, coffee bar, business center, fitness center, and a pool. Keener will implement a value-add program as well as manage the property. […]
COLLEGE STATION – Cross Development and StoneCreek Real Estate Partners are constructing Midtown Station Apartments. The 264-unit multifamily project will have 178 one-bedroom, one-bathroom units and 86 two-bedroom, two-bathroom units. Amenities will include a clubhouse, pool and deck, mail kiosk, dog parks, and dog wash station. Completion is slated for spring 2023. Berkadia provided a $33.3 million construction loan. […]
DALLAS – Casci Plaster is moving into the former Mrs Baird’s bakery building at 1401 N. Carroll Ave. Built in 1928, the 44,000-sf building has been vacant for years. WDG Architecture is designing Casci Plaster’s new space. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Dallas Morning […]
There’s no doubt about it – August in Texas is hot, y’all. So why do we still love August? It’s the last full month of summer to dive into the best pools, drinks and summer attractions before school schedules begin again, the State Fair of Texas rolls back around, Autumn at…
FRISCO – Taylor Morrison Homes has purchased sites for 500 single-family homes in the 2,500-acre Fields development on the Dallas North Tollway. The homes will be in the Brookside neighborhood on the north side of Panther Creek Pkwy., east of Legacy Dr. The sellers were Hunt Realty Investments and Karahan Cos. Construction starts this fall. Get […]
AUSTIN – Newport Capital Partners has acquired Stassney Heights on behalf of its Newport Capital Partners Fund III. The 103,030-sf shopping center is on the southwest corner of Stassney Ln. and I-35. It is currently 93 percent leased and anchored by Houston-based supermarket Fiesta Mart. The property was marketed by CBRE. Financing was provided by Wintrust Bank and […]
