Archive for July, 2016

First details about mixed-use project near Oak Cliff’s Bishop Arts District

By @SteveBrownDMN and the Dallas Morning News Developer Crescent Communities is giving a first look at what it plans to build in North Oak Cliff. The North Carolina-based builder has contracted to purchase a block at Zang Boulevard and Davis Street near the Bishop Arts District. The property is now owned by Dallas County Schools. Crescent Communities plans to build…read more →

Texas and New York vie for top ranking in commercial property development market

Article by @SteveBrownDMN and the Dallas Morning News Texas is tops in the nation for warehouse construction. And we are second nationally in both office and retail building, according to one of the country’s top commercial real estate groups. The commercial property sector in Texas supports 387,609 jobs and contributes $23 billion to the state’s economy, according to a new report…read more →

How Chinese Investors Can Find Success Investing in US Real Estate

Chart courtesy of Bisnow and Rosen Consulting Group How are Chinese assessing US real estate investing? What kinds of investment approaches are they considering or discarding? This week, one of China’s leading business magazines, Caijing Magazine, published an article, in Chinese, written by a native New Yorker, Peter Fuhrman, who runs China-based investment bank China First Capital. He advises some larger Chinese…read more →

D-FW warehouse demand surges to one of the highest levels in a decade

Article by @SteveBrownDMN and the Dallas Morning News Fueled in part by the growth of Internet retailing, demand for warehouse and distribution space in North Texas continues to outpace new supply. During the second quarter, net leasing for Dallas-Fort Worth warehouse space added up to 6.6 million square feet – one of the highest net leasing totals in the last…read more →

Lennar Chief’s 5 Themes For Housing

By KRIS HUDSON and the Wall Street Journal One of the home-building industry’s leading chief executives on Wednesday outlined five themes for the housing market’s outlook, focusing on tight inventories, stringent mortgage standards and the preferences of millennials. Stuart Miller, CEO of Lennar, the No. 2 U.S. builder by homes sold behind D.R. Horton, detailed his five themes against the backdrop…read more →