Posts Tagged "dallas multifamily land"

Developers and investors are buying up old apartments to build new

See on Scoop.it – Texas Lots and Land Four Dallas apartment communities built in the 1970s in prime redevelopment locations have been purchased by developers and investors.   Troy Corman‘s insight: Prime development sites disappearing. We’ve got 28,100′ of vacant multifamily land at 3347 Crestiview – not far from the Harvey’s Racquet Club redevelopment. See on www.dallasnews.com

Dallas – Fort Worth Apartment Occupancy Hits a 12-year High at 94%.

Dallas apartment brokers report that despite the 3.4% rental rate increase in 2013, apartment vacancies are at a 12-year low. While some may marvel at the amount of local apartment construction, Dallas apartment expert Will Balthrope thinks we’re actually under building based on historic construction levels and the 100,000 jobs added locally in the last year. He thinks there may…read more →