Located in the heart of the Dallas Arts District, the Dallas Museum of Art is the crown jewel of the city’s art scene. Dating back to 1903, the museum has grown from a small group of art aficionados at the Dallas Public Library into a 370,000-square-foot building that houses… read more…
Archives: April 2022
Construction kicks off on 344-unit Farmers Branch rental community
FARMERS BRANCH – Presidium has started construction on the first phase of its Presidium Valley View project. Designed by O’Brien Architects, the project has 344 units in a five-story building at 13214 St. Lawrence Cir. Amenities include a game room, theater lounge and golf simulator, fitness center, lounge with a catering kitchen, swimming pool, dog park, […]
Lynd Group sells 312-unit multifamily property
PORTER – Villas at Valley Ranch, a 312-unit apartment community at 21899 Valley Ranch Crossing Dr., has been sold. The project has one- and two-bedroom floor plans, a pool, fitness center, resident clubhouse, package-handling system, dog park, and outdoor grilling and dining areas. It’s within Signorelli Co.’s 1,400-acre Valley Ranch master-planned community. Berkadia represented the […]
Wood Partners acquires four-acre development site in North Dallas
DALLAS – Wood Partners purchased four acres on Merit Dr. in the Park Central development with plans to build Class A apartments. The property is next to the Lakeside Square office tower and overlooks a small lake. It was sold by a trust representing California real estate investor Zaya Younan, who previously owned the […]
SouthStar Communities breaks ground on 1,900-acre mixed-use development
NEW BRAUNFELS – SouthStar Communities has broken ground on MayFair, a 1,900-acre mixed-use development. The community will have 6,000 residential units, 70 acres of commercial space, 120 acres of mixed-use space, and over 300 acres of public parks. It will also have two elementary schools, a middle school, and a high school. The project is a […]
Partnership developing three spec warehouses totaling 304K sf
EL PASO – A partnership between Equity Industrial Partners and Raith Capital Partners is developing three speculative warehouses totaling 304,303 sf. The two buildings at 9577 Plaza Cir. will total 215,444 sf and be complete in the fourth quarter. The building at 455 Pan American Dr. will span 88,859 sf and be complete in first quarter […]
Where Are Mortgage Rates Headed?
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always […]
Ignite Medical Resorts buys Bridgemoor Transitional Care facilities
PARK RIDGE, Ill. – Ignite Medical Resorts has acquired Bridgemoor Transitional Care, which has four properties across Texas. The Texas properties are at: 6035 Eckhert Rd. in San Antonio, 16219 RR 620 N. in Round Rock, 6301 Oakmont Blvd. in Fort Worth, and 16130 Galveston Rd in Webster. The Texas Real Estate Research Center has more Texas medical news online. […]
Zekelman Industries developing $76M apartment complex in Manor
MANOR – Zekelman Industries Inc. is developing Fuze Parmer Lane, an apartment complex at 8020 E. Parmer Ln. The 567,000-sf project will have a five-story residential building and seven-story parking garage. Amenities will include a pool, fitness center, leasing center, business center, entertainment lounges, and grilling stations. Construction begins in June and will be complete in two years. STG […]
Palladius Capital buys 672-bed student housing community near Texas State
SAN MARCOS – Palladius Capital Management has acquired The Heights, a 672-bed student housing community at 1101 River Ridge Parkway. The property, which serves Texas State University, will have 240 one- to four-bedroom units. Amenities include a pool, fitness center, clubhouse, and study lounges. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly […]