Gober
Gober, TX · Real Estate
spectrumlocalnews.com
connectcre.com
greenlodgingnews.com
Host Hotels & Resorts Acquires 1 Hotel Brooklyn Bridge & Renaissance Dallas at Plano Legacy West
BETHESDA, MD.—Host Hotels & Resorts, Inc., the nation’s largest lodging real estate investment trust, announced that it has acquired the leasehold interest in the 195-room 1 Hotel Brooklyn Bridge (the “1 Hotel”) for $202 million in cash. The property has 83 years remaining on the ground lease with a government nonprofit lessor. The 1 Hotel acquisition price represents a 10.2x EBITDA multiple or a cap rate of approximately 8.2 percent on the property’s 2026 estimated results. The company has also acquired the fee simple interest in the 308-room Renaissance Dallas at Plano Legacy West Hotel (the “Renaissance Plano”) for approximately $172 million in cash. The Renaissance Plano acquisition price represents an 11.2x EBITDA multiple or a cap rate of approximately 7.9 percent on the property’s 2026 estimated results.
QSR magazine
The Mary Sue
Texas homebuilder says a neighbor claimed he had no permit and called the city. Then the neighbor tells him ‘you need to kind of supervise things’
A video of a contractor being questioned by a neighbor about his own job site has drawn wide attention online. EJ Akeredolu, a Dallas-Fort Worth homebuilder, shared the interaction in a recent Instagram Reel, according to Atlanta Black Star. In the clip, a neighborhood man approaches Akeredolu and claims the contractor lacks the necessary building […]
The Cross Timbers Gazette
hoodline.com
South Dallas Developer Turns To Crowdfunding, Offers 12% Notes For MLK Hub
A Dallas real estate firm is asking everyday investors, not just the wealthy, to help bankroll a mixed-use project near the corner of Martin Luther King Jr. Boulevard and Malcolm X Boulevard in South Dallas. Bennu Properties LLC has launched a campaign seeking up to $5 million through a type of crowdfunding that remains uncommon in Texas, with a minimum buy-in of $2,500 per investor.
CandysDirt
Scotiabank Doubles Down on Dallas With Tower Purchase
Scotiabank is sinking deeper roots in Y’all Street, purchasing the 15-story Victory Park office tower where it opened its regional headquarters earlier this year. The Canadian banking giant acquired Victory Commons One at 2601 Victory Ave. from a partnership between Ross Perot Jr.’s Hillwood and Affinius Capital in a transaction that closed just last week, according to Dallas County deed records.
fortworthreport.org
hoodline.com
25-Story Cypress Tower Lands in Turtle Creek With $7.5M Penthouses
A new 25-story luxury condominium tower is planned for Dallas' Turtle Creek neighborhood, with 44 units starting at $3.5 million and penthouses priced as high as $7.5 million. The project is called The Cypress at Turtle Creek. According to The Business Journals, The Cypress is designed to include one of...
egoease.com
Developers plan $600M, two-tower project in Knox-Henderson
On a mild evening along the Katy Trail, runners move in a loose ribbon of motion while restaurant patios fill with people who came for a short walk and stayed for dinner. A few blocks away, a modest 2.2 acre parcel at McKinney and Webb avenues is about to test how much more intensity this pocket of Dallas can absorb. Developers have outlined a $600 million plan that would place the Knox-Henderson towers on that ground, two buildings meant to rise beside a neighborhood already known for crowds, leases, and a trail that functions as a civic living room.
rejournals.com
rejournals.com
culturemap.com
Old East Dallas: Where Dallas history lives on the front porch
--- For close to 30 years, real estate agent Elizabeth Mast has called East Dallas home, and she has watched it grow and transform into a vibrant, energetic place while still holding onto its soul. "I love living in East Dallas because of its unmatched sense of community and the...
hoodline.com
Dallas Observer
Okra pie, anyone? Dallas chefs are back with their one-of-a-kind pie auction
From the stories making headlines to the restaurants, music and culture that make Dallas one of a kind, Dallas Observer is there. Help us raise $25,000 by December 31 to keep independent local journalism going strong in 2027. The Piehole Auction is an annual fundraiser that brings together some of...