Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988 […]
Archives: January 2022
Landsea Homes buys 900 lots in 422-acre Kyle subdivision
KYLE – Landsea Homes Corp. has purchased more than 900 lots in the Anthem subdivision. The lots are the last that remain in the 422-acre master-planned community along FM 150. The first homes will be complete in late 2023. Once complete, Anthem will have 1,500 single-family homes, an elementary school, amenity center, and commercial space. […]
384-unit Retreat at the Rim apartment community trades hands
SAN ANTONIO – A company linked to Berkshire Residential Investments has purchased Retreat at the Rim, a 384-unit apartment complex at 5650 Worth Pkwy. Built in 2019, the property has one- to three-bedroom units. Amenities include a pool, fitness center, lounge, meeting rooms, and two dog parks. A limited partnership affiliated with Hines was […]
Texas personal income up in third quarter
WASHINGTON – Texas’ personal income increased 4 percent at an annual rate in third quarter 2021, according to the U.S. Bureau of Economic Analysis (BEA). This comes after the metric increased 21.7 percent in the second quarter. According to the BEA, increases in earnings and property income (dividends, interest, and rent) more than offset a decline in transfer receipts. In Texas, earnings increased […]
203-unit multifamily project coming to Lewisville
LEWISVILLE – AMAC has broken ground on a 203-unit multifamily project within a Qualified Opportunity Zone. Designed by locally based HEDK, the property will have one- and two-bedroom units averaging 724 and 1,134 sf, respectively. There will also be three retail spaces. Amenities will include a pool, fitness center, grilling areas, dog wash, lounge, and clubroom. Truist is […]
Fort Worth medical office building trades hands
FORT WORTH – Texas Health Professional Building II, a 61,088-sf medical office building, has been sold. The two-story facility is on 4.6 acres within the Texas Health Resources Alliance hospital campus. It is primarily occupied by physicians of that provider as well as Spine Team Texas. The Texas Real Estate Research Center has more DFW medical news on our website for […]