Dallas
ZOM Living Breaks Ground on Dallas Luxury Community
Scheduled for completion in 2019, The Kinstead will be a 376-unit community in McKinney, Texas. ZRS Management will be in charge of leasing and management of the upcoming multifamily property.
EdR Opens Texas Student Housing
The 490-bed student housing community is situated in the eastern edge of the Dallas-Fort Worth Metroplex. The approximately 137,000-square-foot project will be home to the first-year college students.
Dougherty Secures Acquisition Loan in North Dallas
Dougherty Mortgage closed a $34.3 million Fannie Mae acquisition loan for a 240-unit community in Plano, Texas. The 10-year term loan has five years of interest-only payments and a 30-year amortization schedule.
Greysteel to Market 2 Dallas Properties
The Bailiwick and Tree Top include a total of 100 units and are roughly 50 years old.
Top 10 Dallas Communities Under Development
Offering a business-friendly climate and no state income tax, the metro is a favorite of both domestic and foreign investors. As a result, it leads the U.S. metros in units under construction.
High Street, Olympus Take TX Luxury Community to Next Phase
The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space.
LMC to Open 322-Unit Dallas Community
The first phase of The Briscoe, a community located in Dallas’ Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.
Capstone Expands Texas Portfolio With 4 Communities
Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.
Michaelson Acquires Dallas Apartments
Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.
Southern Land to Develop TX Mixed-Use
Morada Plano will comprise 183 units and 12,700 square feet of restaurant and retail space across two five-story buildings. Construction is scheduled for completion in 2018.