Dallas
Dallas City Council votes to turn vacant hospital into resource center for the homeless
Dallas City Council voted unanimously on Wednesday to convert a long-closed hospital into an affordable housing center for the...
Tides Equities makes $172M Texas multifamily deal
Perot’s Hillwood Communities will bring 6,000 homes to North Texas
Supply-chain crisis likely to persist well beyond 2022: Prologis
Watch: Apple drops first trailer for WeWork series starring Jared Leto
New York-based brokerage ramps up multifamily push in Texas, nationally
Texas News
Ascension expands in Texas with $320M tower
The number of health-care facilities in Austin, Texas, is ascending almost as fast as its population. Ascension Seton will build an eight-story tower at its central Austin medical campus, the Austin Business Journal reported....
Brixmor snaps up shopping center in Northeast Dallas
Brixmor Property Group, a New York-based real estate investment trust, added to its portfolio of retail properties across the...
Bandera Ventures plans warehouse project for 1.5 million square feet of land in southern Dallas County
Everything is bigger in Texas, even the warehouses. Bandera Ventures, one of North Texas’ most successful industrial developers, is eyeing the Wilmer industrial market...
Dallas office towers tied to Ukrainian money laundering case, DOJ says
Federal investigators plan to seize more than $6 million in revenue from the sale of commercial real estate in...
Austin
Texas town annexes site of planned $17B Samsung plant
The tiny Texas town of Taylor is chipping away at some of the tax breaks Samsung will get on...
Tides Equities makes $172M Texas multifamily deal
California’s Tides Equities closed two Texas multifamily deals in the past five days, buying a couple of Dallas-Fort Worth...
Dallas
WeWork buys Dallas-based Common Desk in first acquisition since going public
WeWork is looking to Texas and North Carolina for some southern hospitality in its first acquisition since going public....
Texas’ Hines doubles down on residential with luxury community in McKinney, north of Dallas
Real estate giant Hines International announced plans for a luxury residential community in the north Dallas-Fort Worth area, a focal point for many nationwide...
National News
National
Proptech stars — they’re just like us: Future City attendee spotlight
You may have more in common with some of the leading proptech players than you think. For example, from...
National
Sam Zell’s Equity Lifestyle Properties invests $147M in manufactured homes
Sam Zell is betting big on manufactured homes. Zell’s Equity Lifestyle Properties paid $105 million for RVC Outdoor Destinations,...
National
These retailers fell behind on rent last year
The pandemic has all but ceased to be an excuse for retailers to skip rent. Collections from national tenants...
National
Centerbridge closes $2B real estate fund
Three years after closing its first real estate fund, Centerbridge Partners has found even more interest the second time around. The private investment firm on Tuesday announced the closing of its second real estate...
National
Office market’s recovery will outpace retail amid “viability” questions, Zell says
Billionaire investor Sam Zell has a sharp prediction for those cheering on the retail market’s recovery. Appearing Tuesday in...
National
CRE sales hit record $809B in 2021
The commercial real estate market didn’t simply bounce back from a rough 2020 — it soared to record sales in 2021. Commercial property sales totaled $809 billion in 2021, a record for the industry,...
National
Howard Lorber’s $1.8M salary at Elliman offset by Vector pay cut
As CEO of newly spun-off Douglas Elliman, Howard Lorber will receive an annual salary of $1.8 million, a recent...
National
“The end of an era”: Fredrik Eklund quits Million Dollar Listing
Fredrik Eklund announced on Instagram that after 11 years on “Million Dollar Listing” he is quitting the hit show....
National
Brown Harris Stevens adding TikTok training to its arsenal
Who said you can’t teach an old brokerage new tricks? Brown Harris Stevens announced last week that the 25-year-old...