What kind of real estate appreciation will the fourth largest MSA see?

What kind of real estate appreciation will the fourth largest MSA see?

In 1971, with construction of the Dallas-Ft. Worth Regional Airport underway, the North Texas Commission, a consortium of businessmen, hired three advertising agencies to suggest a market makeover to attract residents and businesses after the airport opened in 1973. Tracy-Locke Vice President Harve Chapman, perhaps inspired by the successful merging of Dallas and Fort Worth…

Greystone Real Estate Advisors Closes Sale of Age-Restricted Community in Frisco, Texas

Greystone Real Estate Advisors Closes Sale of Age-Restricted Community in Frisco, Texas

NEW YORK, NY — Greystone Real Estate Advisors announced it closed the sale of The Aspens at Wade Park, a 162-unit age-restricted community in Frisco, TX. Aspens Senior Living sold the property to a joint venture between The Carlyle Group and Greystar on August 17th. Cody Tremper and Mike Garbers of Greystone represented the seller…

Texas Real Estate Developers and Global Alternative Investment Firm Värde Partners Acquire Windsong Ranch in Prosper, Texas

Texas Real Estate Developers and Global Alternative Investment Firm Värde Partners Acquire Windsong Ranch in Prosper, Texas

PROSPER, Texas & MINNEAPOLIS–(BUSINESS WIRE) Värde Partners and Texas-based real estate developers Craig Martin and David Blom today announced their joint acquisition of Windsong Ranch, a master planned community in Prosper, Texas, from an affiliate of the Terra Verde Group. Messrs. Martin and Blom, the original developers of Windsong Ranch, have teamed up with Värde…

Real estate PE firm Stonelake Capital Partners closes on fifth fund – Houston Business Journal

Real estate PE firm Stonelake Capital Partners closes on fifth fund – Houston Business Journal

Dallas private equity firm Stonelake Capital Partners has closed its fifth fund, raising more than $325 million for investments in Texas real estate. Stonelake has now passed $1 billion raised from investors since it was founded in 2007 by a pair real estate advisers Kenneth Aboussie and John Kiltz. The firm is looking to invest…

ORIX Real Estate Americas Provides $28 Million Construction Loan for Student Housing Development Adjacent to The University of Texas at Austin

ORIX Real Estate Americas Provides $28 Million Construction Loan for Student Housing Development Adjacent to The University of Texas at Austin

The seven-story property is expected to open prior to the 2019-2020 school year. (Photo: Business Wire) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180522005432/en/ The seven-story property is expected to open prior to the 2019-2020 school year. (Photo: Business Wire) “This was an excellent opportunity to provide student housing in an area…

Cypress Real Estate Advisors to Develop 294 Units in East Dallas

Cypress Real Estate Advisors to Develop 294 Units in East Dallas

Commercial Real Estate Austin-based Cypress Real Estate Advisors is developing a four-story apartment complex at 4600 Ross Ave. in Old East Dallas. With a ground breaking date set for the first quarter of 2018, the 294-unit project is slated for completion in early 2020. Transwestern Senior Vice President Steve Williamson facilitated the purchase, representing both…