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Archives: January 2022



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 pro​perty has one- to three-bedro​om 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

​​W​​ASHINGTON – 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 prim​arily 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 […]