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Two multifamily properties fit Rastegar's acquisition criteria of being located in high-growth regions with the potential to flourish following strategic renovations.
With this increasing population explosion, investors continue to flock to the metro, with the Towne North shopping center in Irving being the latest example, selling for $17 million to a private investor.
Locale is offering its boutique hospitality concept at The Landing, a new 263-unit complex in Dogpatch, accommodating guests seeking stays of 30 nights or more with choices ranging from one to three bedrooms.
Since the adoption of the master plan in 2001, Flower Mound has envisioned corporate office buildings along International Parkway to serve both as an employment center and a boost to the commercial tax base.
The fund has awarded the Texas State Affordable Housing Corporation and Enterprise Community Partners a $1.1 million follow-up grant to support the HEART Program on top of $1.4 million initially awarded.
Ashurst Ranch consists of 27,944 acres of deeded land spread across 118 parcels, together with 30,210 acres of Bureau of Land Management grazing leases split between two allotments.