Dallas/Fort Worth
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Multifamily: Still Nifty After All These Years
DALLAS-In a recent interview for Real Estate Forum, SWBC's Terry Gwin chatted with GlobeSt.com's Amy Wolff Sorter about multifamily product demand and why apartment development will likely stay in check – for now.
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LA Buyer Snags 110,000-SF Scottsdale 68
SCOTTSDALE, AZ-Wilshire Capital Partners acquires the 35-year-old, specialty retail center from Fenway Properties. The story is followed by additional southwest commercial real estate news.
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What Kind of Debt is "Good" Debt?
IRVING, TX-With a plethora of debt available these days, panelists at the May 14 RealShare Student Housing conference sparred over the issue of locked rates versus flexible arrangements as debt of choice.
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What's Trending with Fannie and Freddie
IRVING, TX-The GSEs led off the RealShare Student Housing conference on May 14 by sharing topics ranging from lending requirements to competition.
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Value, Overbuilding Student Housing Trends
IRVING, TX-"View from the Top" panelists at the RealShare Student Housing conference this morning discussed many trends, with the topic continually returning to students' search for value and oversupply concerns.
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Housing Rebranding Underway at UT Tyler
TYLER, TX—Cambridge at Tyler will become Village At The U, under new ownership, featuring enhanced amenities and increased safety features.
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Landlords Gaining the Upper Hand
INDIAN WELLS, CA-The relationship between landlords and tenants is changing and getting tougher, says Nora Hogan of Transwestern .
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Maxim Unloads 38,000-SF Office
FARMERS BRANCH, TX-In its ongoing move to dispose of a 13-building portfolio, Maxim strikes a deal with Proton Partners. Another of the buildings has also just closed.
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Allen Gump Elected as 2014 SIOR National Vice President
DALLAS—Colliers North Texas executive will serve four year term that included presidential post in 2016.
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AmREIT Maintains Guidance for Remainder of 2013
HOUSTON-Based on Q1 2013 earnings, the local retail REIT continues forecasting its core FFO between $1.02 and $1.07 per share, while FFO is between $0.93 and $0.98 per share.
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Hughes Corp. Sees Land Sales Increase
DALLAS-Howard Hughes Corporation reported that, during Q1 2013, master planned community land sales jumped 26.3% to $44.7 million, compared to $35.4 million during the same time last year.
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Jada Enterprises Acquires Former Hold of Bush Library
LEWISVILLE, TX—Miller Brokerage closes deal on 23,630 foot property for industrial client.
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Ashford Reports Increases in EBITDA, RevPAR
DALLAS-For its Q1 earnings, the hospitality REIT saw an adjusted EBITDA increase by $7.3 million, with RevPAR from both its Highland and legacy portfolios increasing 4.3%.
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Titan Acquires Ohio Senior Community
AKRON, OH- The company plans to expand its senior portfolio and invest $100 million in this year alone.
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SCM Awarded Grandmarc Leasing, Management
FORT WORTH-SCM Real Estate Services will handle activities for the 23,000-square-foot retail level of the mixed-use multifamily development, which serves nearby TCU. Additional southwest commercial real estate news follows.
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Under-served Market Prompts 168-Unit Groundbreaking
ADDISON, TX-Local RightQuest begins construction on the first phase of Villages at Sugar Road in Edinburg, TX. The multifamily property is targeted to medical personnel and students at UT Pan American.
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Trader Joe's Setting Up DC in Irving
IRVING, TX—The 729,000 square-foot building will serve as a regional distribution for Texas.
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Student Housing: Best Deals are Off-Market Deals
IRVING, TX-In a recent interview with GlobeSt.com, Vesper Holdings' Issac Sitt says his firm finds student housing deals by working directly with owners. Sitt is a speakers at RealShare Student Housing, May 13-14.
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Duke Signs Two Tenants to 224,000 SF
COPPELL, TX-CID Resources and Norwex USA signed separate agreements to take down space at Duke's Freeport North.
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Harwood Brings Connecticuit Firm to Dallas Tower
DALLAS—Accudyne Industries signs lease for 15,000-plus square feet, bring 10-story building to 100% occupancy.
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