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Real Estate
An office building in Allen has been sold following an off-market transaction. The highest quality office building in One Bethany Business Park was last bought in 2021 by Pillar Commercial and Hall Capital in a joint partnership. In 2023, the same firms acquired One Bethany West in Watters Creek, across the street from One […]
Dallas News reports: “Dallas builder Larkspur Capital and private equity investment firm Keystone Group, LP have received a thumbs up from Fort Worth’s Zoning Commission to redevelop five parcels north of the city’s Cultural District that mainly comprise industrial warehouses. “The rezoning effort is just the beginning of a more sweeping phased redevelopment for 35 acres west […]
WFAA reported on new restaurants coming to The Star in Frisco as standout developments in this area of Collin County continue to attract popular retail and restaurant tenants. “A restaurant and Japanese bar, Wabi House, is set to open at The Star at the end of May, making it the third location in the Metroplex. The restaurant […]
Despite passing a historic property tax cut last November, many Dallas homeowners were dismayed to see the valuation of their properties shoot up this year, leading to significant property tax increases. Dallas homeowners see significant increases in property valuation leading to high taxesTexas law requires the chief appraiser of a jurisdiction to send out appraisal […]
The sale of new single-family houses rebounded to a six-month high nationwide in March. The annual rate of single-family home sales in the U.S. was 693,000 in March, up 8.8% from February and 8.3% higher than the same month in 2023, according to joint estimates released Tuesday by the U.S. Census Bureau and the Department […]
Legacy Hills in Celina is still under development, but the project has already been recognized as the best-planned community by the Dallas Business Journal. The development will eventually host 7,000 single-family homes, 4,100 apartments, and numerous amenities, DBJ reported. Centurion American is the project developer and is collaborating with several home-building companies to create a […]
While the typical initial payment for a new residence in the Dallas-Fort Worth area has decreased significantly, it is still almost twice as much as it was just four years ago. Earlier this month, The Dallas Express reported that home affordability in the United States has reached its lowest point since the 1980s. Much of this stems from the […]
Burnett Plaza Tower in downtown Fort Worth could be facing foreclosure after a decision by the owner’s lender, Pinnacle Bank. The notice for foreclosure on the 40-story, 1-million-square-foot office building at 801 Cherry St. was filed with the Tarrant County Clerk’s Office on April 12. Pinnacle claims that Burnett Cherry Street LLC has defaulted on […]
Property values in certain parts of Dallas County have doubled since last year, making the accompanying tax increase much more burdensome for households in these neighborhoods. On April 12, the Dallas County Appraisal District (DCAD) began mailing notices to homeowners regarding changes to their property value and the associated tax obligation. If property owners believe […]
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