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Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

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 […]

Madisonville self-storage facility trades hands

​​​​​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​​

Keener Investments acquires Montelago Apartments

​​​​​HOUSTON – Locally-based Keener Investments has acquired the 312-unit multifamily Montelago Apar​tments.  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.​ […]

Multifamily project planned for College Station

​​​​​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 clubhou​se, 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. […]

Casci Plaster moving into landmark East Dallas building

​​DALLAS – Casci Plaster is moving int​o 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 […]

Taylor Morrison takes 500 home sites in Frisco’s Fields community

​​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 […]

Stassney Heights retail center sold

​AUSTIN – Newport Capital Partners has acquired Stassney Heights on behalf of its Newport Capital Partners Fund III.  The 103,030-sf shopping ce​nter 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 […]