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...
DFW Company Reaches $600M Data Center Deal
A Plano-based firm just announced its first venture in a budding partnership with a global private equity manager to build a new facility. Aligned Data Centers and Blackstone Credit & Insurance...
‘Steering’ May Add to Housing Market Woes
A tactic called "steering," often derided by real estate agents as a myth, may have contributed to Texas posting the lowest home sales numbers last year since 2016. Business Insider reported on the...
U.S. Housing Affordability Craters Since 2020
Single-family home prices have been on a meteoric rise since 2020, making the dream of homeownership much less feasible for many first-time homebuyers. Home shoppers need an annual income of...
Multifamily Community Build Set for April
Dallas-based Welker Properties is scheduled in April to begin the development of Wolf Creek Farms Melissa โ a 32-acre rental community in Collin County. According to a Texas Department of Licensing...
East Dallas Property Captures 1950s History
An East Dallas home in a desirable neighborhood is a time capsule of 1950s midcentury modernism that some real estate experts believe is a fad growing increasingly popular with buyers. The home is...
Stonelake Acquires Warehouse at DFW Site
Dallas firm Stonelake Capital Partners has acquired a nearly 120,000-square-foot distribution site in Fort Worth. "4400 Diplomacy Road is located in one of the most infill and coveted DFW industrial...
Saving for Home Down Payment?
Purchasing a home is one of the most significant financial decisions most Americans will ever make, so how do North Texans fare when buying a house in the metroplex? Dallas-Fort Worthโs real estate...
Seven-Story Rail Line Threatens $5 Billion Project
Plans for a proposed elevated high-speed rail line conflict with plans for a massive mixed-use project in Dallas, according to the developer. Officials with Hunt Realty Investments claim the...
Fort Worth Industrial Complex Welcome Tenants
A new state-of-the-art industrial complex in the metroplex is set to welcome two significant tenants. The Fort West Commerce Center in Fort Worth is a collection of three buildings with a combined...
Construction of Luxury Residential Tower Nears
Construction of a luxury residential tower on Pearl Street is expected to begin during the second quarter of this year, marking the first such project Swiss firm Empira Group has overseen in the...
Ohio Teachers Group Spends in Dallas Again
For the second time in two months, an out-of-state teachers' group is planning to improve office space in Dallas. According to a state filing, the State Teachers Retirement System of Ohio (STRS)...
Sidley Austin Plans Move to 23Springs
The owners of 23Springs have secured their third tenant for the luxury office tower in Uptown Dallas. According to The Dallas Morning News, Chicago-based Sidley Austin is leaving its Dallas office...
Real Estate Firms Betting on Dallas
Ethos Commercial Advisors LLC is opening its first operation outside the Pacific Northwest with a new office planned in Dallas. The Portland-based commercial real estate advisory firm focuses on...
DFW Commercial Real Estate Activity
Despite concerns of a softening market, the metroplex continues to witness commercial real estate activity. In early February, The Dallas Express reported that commercial property values in North...
Hilton Anatole To Get Massive Makeover
The Hilton Anatole, north of Dallas, wrapped up a $30 million renovation to expand the already large property. More than a hotel, the Hilton Anatole is a self-described โTexas-sized event space,โ...
New Apartment Community Opens in West Dallas
Preleasing is underway for a new rental community along the west levee of the Trinity River just across from downtown, with the first tenants expected to move in next month. Developed by Mill Creek...
Housing Market Faces Generational Tug-of-War
The generational divide between baby boomers and millennials is furthering U.S. homeownership trends in 2024. According to a new report from Leaf Home and Morning Consult, about 55% of baby boomers...
Local Real Estate Firm Loses Properties to Foreclosures
In recent weeks, North Texas real estate firm Wolfe Investments LLC has lost three office towers to foreclosure. An office tower located in downtown Dallas was sold at a foreclosure auction earlier...
DFW Leads in Ultra-Lux Home Sales
The Dallas-Fort Worth metro area led the state in sales of ultra-luxury homes with price tags of over $10 million in 2023 amid signals of a rebounding housing market. Compass Luxury's year-end 2023...
Uptown Tower’s Owner Weighs Purchase Offers
After entering bankruptcy proceedings last year, the owner of Uptown Tower, located just north of Downtown Dallas, is fielding three offers to purchase the property. The 12-story office building at...