(To read more on the multifamily market, click here.)
DALLAS-Developers and investors are scrambling to get a piece oftwo side-by-side close-in submarkets, where real deals and rumorsare flying and furious. Cushman & Wakefield of Texas Inc. brokeits local record with one listing drumming up 60 registered buyersin 24 hours.
The submarkets' boundary lines are beginning to blur, thanks tofive-star developers who got into the game early. M/PF YieldStarcalls it in-town; others see it as Uptown. The close-in pocket isrounded out by Oak Lawn/Park Cities. And those in the know say thecurrent wave could be the last big round-up ofrelatively-easy-to-land development opportunities.
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