Multifamily

Urban Genesis Plans November Start of New Oak Cliff Apartments in Bishop Arts

Full article by Amanda Popken and Candysdirt.com As soon as the rain lets up, demolition will begin on the four homes where 70 apartments will be under construction in November. Urban Genesis spoke with the Bishop Arts Neighborhood Association Tuesday night about the Bishop High Line project and the other 50 apartments they have planned just a block away. The projects are planned along Melba…read more →

The Highs and Lows of Today’s Houston Multifamily Market

Realtynewsreport.com interview Teresa Lowery, Senior Managing Director of Multifamily, Colliers International Houston. Houston’s multifamily market has seen better times. The sector’s pricing is weak, rent growth is close to disappearing and multifamily construction continues unabated. Free rent is being offered in some neighborhoods.  Can the situation get worse?  Or better? To find out where the multifamily investment market is headed, Realty…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 →

Senior Living High Rises for Retirees

In two years, Dave and Judi Proctor will move into a new high-rise building, just 10 minutes away from their current high-rise in Dallas. Located just north of downtown, their new home is close to theaters, museums and shops. The building offers weekly housekeeping, valet and concierge services and three restaurants, including an upscale steakhouse. The Proctors—he’s 76 and she’s…read more →

Can little apartments fit urban Big D lifestyle? Historic hotel hopes so.

Article by @SteveBrownDMN and The Dallas Morning News Dallas’ oldest hotel may find new life with the latest apartment living trend. The 111-year-old Ambassador Hotel just south of downtown Dallas was bought last year by a partnership headed by local real estate developer and investor Jim Lake Jr. Lake plans to convert the one-time luxury hotel overlooking the downtown skyline…read more →

Frisco project will bring more than 3,000 homes and apartments

Article by @SteveBrownDMN, Dallas Morning News A new Frisco development in the works will bring 1,800 homes and 1,400 apartments plus retail and office space to one of North Texas’ fastest growing areas. Related Frisco’s Wade Park project lands two more retail tenants Developer kicks off second phase of huge Frisco apartment community Tyler bank funds Frisco Station construction on…read more →