Dallas
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.
South Dallas Community Snags $10.5M Refi
Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.
The Priciest Zip Codes in Texas
Apartment search portal RentCafe ranked the 50 most expensive Zip Codes in Texas. Guess which one took the top spot?
JV Lands Acquisition Loan for West Dallas Asset
S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.
Balfour Beatty to Develop Student Housing Project in Texas
Texas Woman’s University’s project will house up to 875 students and will feature approximately 30,000 square feet of dining space, beside classrooms, fitness center, exploratory learning and recreation space.