The Affordable Housing Program (AHP) from the Federal Home Loan Bank of Dallas (FHLB Dallas) turns 25 years old today. The grant program, funded solely through FHLB Dallas profits, has assisted more than 44,000 families with their affordable housing needs, primarily across the Bank's five-state District of Arkansas, New Mexico, Mississippi, Louisiana, and Texas
The Rustic, Thirteen Pies, Steel City Pops and other highly popular dining and entertainment venues, are set to join Frisco’s Wade Park alongside a variety of premier retailers including Arhaus, MiniLuxe, The Lash Lounge and more. Thomas Land & Development’s massive 175-acre, $1.6 billion upscale mixed-use development continues to add impressive high-end retailers and restaurants to the project underway at the Dallas North Tollway and Lebanon Road, with following announcements planned for upcoming months.
Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, on behalf of the company’s investment offering, SSEP, announces the acquisition of 902,715 square feet of Class A industrial assets. Four buildings totaling 758,715 sf are located in El Paso, TX and the remaining building totaling 144,000 sf is located in Harlingen, Texas.
Red Capital Partners, LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED CAPITAL GROUP, LLC, recently completed its second $13.8 million Balance Sheet construction loan to an affiliate of Avanti Senior Living.
Laura Sweeney, agent with John Daugherty, Realtors, has closed the sale on a Remarkable one-of-a-kind residence designed by Preston Bolton, listed at $4,200,000. Situated on .75 acres in superb Tall Timbers location, this home has a unique floor plan that offers sizable entertaining spaces surrounding a grand three story Atrium. The upstairs master bedroom includes a private balcony and separate closets. Grounds offer towering trees, multiple terraces, swimming pool, spa, and expansive lawn, as well as a separate guest house with office and cabana
Homegrown fashion designer Jonathan Blake hosted a spectacular evening of fashion and fine dining to support local nonprofit Recipe for Success Foundation. John Daugherty, Realtors graciously opened its extraordinary Four Seasons Penthouse listing to host the swanky evening, themed “A Sky High Toast to Fashion,” for an intimate gathering of 30 guests.
Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, announced its purchase, and simultaneous leaseback to Arbor Metals, LLC (“Arbor”) located at 811 Regal Row in Dallas, Texas.
Stream Realty Partners, a full-service national real estate investment, development and services company, has announced plans to develop a 150-unit, active adult, apartment community in San Antonio. The 55-plus living community is the first of its kind in San Antonio, offering a fully integrated lifestyle that will allow residents the opportunity to explore health and wellness initiatives, social activities and group service projects. Stream expects to commence on the project in early 2016
Dorothy Russell, 61, knows you can go home again. She grew up in a house on McNeill Street in Baptist Town and brought her firstborn home to that address. Eventually, economic conditions worsened in her east Greenwood community, and the home was torn down. Ms. Russell, who had worked part-time, moved into a rental home 28 years ago, never imagining that one day she would return to that lot in Baptist Town
Martha Vasguez, 61, a retired hairdresser, lives on a fixed monthly income after illness forced her to retire six years ago. Though her home is paid for, she does not have money left at month's end to pay for necessary repairs
Stream Realty Partners, a national real estate services, development and investment firm, is finalizing the design phase on a 12-story, 271,000 square foot development.
Kennedy Funding Financial LLC (KFF) has completed an $880,000 loan to Houston, Texas-based Sleep Shop & Bunk Bed World, announced Kevin Wolfer, CEO of the Englewood Cliffs, NJ-based direct private lender.
Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has signed a definitive agreement to acquire a 9-hotel portfolio for total consideration of $224 million in cash ($179,000 per key).
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $13 million bridge loan to finance the acquisition and rehabilitation of a multifamily property located in Irving, Texas.
Kennedy Wilson represented the seller in the sale of an 18.3 acre parcel of land located at the corner of Old Farm to Market 2243 West and North Bagdad Road in Leander, Texas. Ernest Brown, CCIM, managing director of Kennedy Wilson Brokerage in San Antonio, represented the seller, Firstmark Credit Union, in the transaction. The buyer was Bruce Nakfoor, an active local real estate developer. Further details of the transaction were not disclosed
Mike Graham Heating And Air Conditioning today announced the launch of www.mgpcomfort.com as an informational portal that features educational resources on subjects such as property value benefits from air conditioning repairs, heating repairs and air cleaners, and many other helpful tips that can save you thousands of dollars in the Wichita Area
Drawbridge Realty announced today the signing of a new seven-year lease with Younicos AG for approximately 32,500 square feet at 3100 Alvin Devane in Austin, Texas.
The Company intends to finance the property with approximately $21.2 million of non-recourse mortgage debt. The purchase price represents a trailing 12-month cap rate of 8.8% on net operating income and a trailing 10.3x EBITDA multiple.
Construction risk expert Leigh Ann Henderson has joined Partner Engineering and Science Inc. (Partner), a national due diligence, design and construction risk management firm headquartered in Torrance, Calif., as a Principal and National Client Manager
Family Gateway is leading the Dallas community to end child homelessness. For the first time in 30 years, the primary facility, Annette G. Strauss Family Gateway Center (Center) dedicated to homeless children and families has received a significant renovation. In the last 3 years, the number of families served by Family Gateway grew 750%. Each night in Dallas, an estimated 5,000 children and their families will not have a safe place to sleep.