Paluxy
Paluxy, TX · Real Estate
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 […]
QSR magazine
fortworthreport.org
connectcre.com
Greybrook Picks Up 334-Unit Mansfield Rental Community
The Greybrook U.S. Multifamily Income & Growth Fund acquired Evolv, a 334-unit multifamily property in Mansfield. Greybrook landed a $39.2 million acquisition loan from Greystone as part of the deal. The fixed-rate Fannie Mae loan carries a five-year term, with three years of interest-only payments followed by a 35-year amortization schedule.
rejournals.com
spectrumlocalnews.com
North Texas family fights Rowlett’s eminent domain effort to acquire six-decade-old property
ROWLETT, Texas — A Rowlett family is fighting the city’s effort to acquire their property through eminent domain for a road improvement project, saying the city’s offer does not adequately compensate them for a home that has been in their family for over six decades. Brothers Tim...
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.
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.
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...
fortworthinc.com
Loan Demand Rises Even as Lenders Tighten Credit, Dallas Fed Finds
Loan demand picked up across the Federal Reserve Bank of Dallas’ district even as lenders raised borrowing costs and tightened credit, according to the Dallas Fed’s November Banking Conditions Survey. Overall loan volume grew at roughly the same pace as in the previous survey, with commercial real estate...
CandysDirt
Holland Bates Knows North Texas Real Estate Runs on Relationships
Commercial real estate may be a business built on buildings, land, leases, and transactions. But Holland Bates has spent her career focused on something less tangible: the relationships that make those deals possible. As executive director of the North Texas Commercial Association of Realtors, Bates helps connect the people behind...
connectcre.com
rejournals.com
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.