Real Estate Company

Dallas/Ft. Worth Commercial Real Estate News From CoStar Group

img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-height: 220px; float: right;} img.pontwo{display: block; padding: 5px; width: 45%; max-width:360px; max-height: 220px; float: right;}The following companies announced personnel moves this week: Starwood Capital, Castle Lanterra, Phillips Edison & Co., Transwestern, Cushman & Wakefield, AMCAL, Valencia Capital, United Properties, JLL and Franklin Street.SOUTH FLORIDA

10/27/2017 12:39:43 AM

BSR Trust completed the largest acquisition in company history and its second investment in the Dallas MSA with the purchase of the 474-unit Windhaven Park Apts. in Plano, TX from Invesco Advisors and B/K Real Estate Funds. Terms of the deal were not disclosed. Windhaven Park was constructed in 1991 on a 22-acre tract off the Dallas North Tollway at 6201 Windhaven Pky. Renovated in 2015, the 491,984-square-foot community is located near such major...

10/17/2017 2:42:47 AM

Singapore-based Keppel Corp. has received approval to launch a new REIT on the Singapore Exchange and has reached a deal for that REIT to acquire 11 U.S. office properties from Newport Beach, CA-based KBS Strategic Opportunity REIT, a nontraded REIT. The properties have not been specifically identified nor has a final purchase price been set. However, KBS currently values the portfolio at $800 million with $400 million in outstanding debt, according...

10/15/2017 7:17:24 PM

Jeff York has been named director of brokerage operations at United Properties Southwest (UPS), an industrial and office real estate developer headquartered in Dallas. York will transition from York Property Co. in Orlando to UPS where he will oversee business development for the company. UPS specializes in turnkey design, development, and construction of industrial warehouse and office buildings forend users.Since its launch in 1995 by UPS president...

10/15/2017 7:12:41 PM

Vancouver, BC-based Pure Multi-Family REIT (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) completed its previously announced purchase of the 340-unit Farmers Market Apts. in Dallas, TX, from Alliance Residential for $66.35 million, or approximately $195,000 per unit. The three-story, 375,159-square-foot apartment community delivered last year on 7.14 acres off I-30 and adjacent to the 26,000-square-foot Dallas Farmers Market in downtown Dallas....

10/12/2017 1:41:40 AM

Dallas-based private-equity firm MedProperties Holdings has acquired a 17-property, 620,750-square-foot portfolio of medical office buildings, clinics, surgery centers and other healthcare properties from Harrison Street Real Estate Capital LLC for about $230 million. Seven of the properties in the Harrison Street Portfolio acquired by MedProperties are located in Texas, with the remainder spread across Florida, South Carolina, North Carolina,...

10/10/2017 12:35:15 AM

Toronto-based Starlight Investments has formed an institutional partnership with Canada's Public Sector Pension Investment Board and the Alberta Investment Management Corp. (AIMCo) to acquire up to $1.3 billion of multifamily properties across the southern and western regions of the U.S. "We are entering into this newly formed partnership with great excitement and expectations," said Neil Cunningham, senior vice president, global head of real estate...

10/10/2017 6:30:01 AM

BRT Apartments Corp. (NYSE: BRT), through an entity in which it has a 50% equity interest, acquired the 313-unit Gateway Oaks community in Forney, TX for $39 million, or approximately $125,000 per unit. Gateway Oaks is located roughly 24 miles east of Dallas on a 14.2-acre site north of US-80 at 1105 N. Gateway Blvd. Completed last September, the Westood Residential-developed community features one-, two- and three-bedroom units in five garden...

10/10/2017 6:00:23 AM

Griffis Residential, a Denver-based multifamily investment and management firm, held final closing of its fourth private equity real estate investment fund, Griffis Premium Apartment Fund IV, with $407 million in capital. Fund IV is targeting about $1 billion in multifamily apartment investments primarily in Colorado, Texas, Washington, Oregon and California. Fund IV will pursue the same investment strategy as its predecessor funds creating...

10/8/2017 11:53:52 PM

Henry S. Miller Cos. grew its local portfolio with the off-market purchase of Mills Pointe, a 126,000-square-foot, two-building shopping center located in the north Dallas suburb of Carrollton, TX. Built in 1985 with substantial renovations completed in 2016, the shopping center at 2810 E. Trinity Mills Rd. is 80% leased to a tenant roll that includes Subway, H&R Block, State Farm, The UPS Store and anchor tenant Fitness Connection, which backfilled...

10/8/2017 7:31:30 PM

Yahoo News - Latest News & Headlines

L.L. Bean rebuffs boycott over granddaughter’s big Trump donationA man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.


1/10/2017 10:46:20 AM

Union leader who says Trump lied about Carrier deal refuses to back downTrump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for 30 years,” Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.


12/8/2016 8:47:17 AM

Working, eating and sleeping at the officeThe sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.


5/11/2016 11:39:34 AM

Obama seeks ‘irreversible’ opening to CubaThis story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.


12/14/2015 9:29:56 PM
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