Author: harrisondfw
A sharp drop in investment activity this year wasn't enough to knock North Texas out of the nation's top spot in commercial real estate sales.Dallas-Fort Worth led the nation in commercial real estate investment in the first nine months of 2023 at $13.2 billion, according to MSCI's latest estimates. It slightly surpassed Los Angeles, which topped the U.S. market with transaction value of $12.8 billion. In the middle of the year.According to analysts, “Despite a 64% year-on-year drop in sales volume, Dallas was able to regain its number one position in the market since the beginning of the year.” D-FW…
Editor's note: This article has been updated to clarify real estate broker Juan Uribe's role in the downtown real estate transaction. Add a comment regarding the selling price reported by Uribe. Correct the address in the caption of the photo taken outside 307 S. Stanton St.A company affiliated with Dallas-based Parking Systems of America has purchased nine buildings in a depressed retail district in downtown El Paso, but says they were not purchased for parking. said the company's owner.The retail properties, located in areas with a lot of vacant retail space, were owned by River Oaks Properties, a major El…
Exterior view of the Ritz-Carlton Dallas at dusk. [Photo: Ritz-Carlton] A stylish suite with views of the corner of downtown. Ground-level patio illuminated by a huge oak fireplace. The spa's azure whirlpool oasis features a skylit bathtub with views for miles. These are just some of the sophisticated touches in the multi-million dollar renovation unveiled today at the Ritz-Carlton Hotel in Uptown Dallas. One of only two 2023 Forbes Five-Star hotels in all of Texas, along with Uptown Houston's Post Oak Hotel, The Ritz-Carlton Dallas is located just north of downtown. , located at 2121 McKinney Avenue. of texasLottette Studio,…
College students seeking an exemplary education in Texas can apply to the consistently top-ranked university in Dallas by the Nov. 1 early decision deadline. at the perfect time,Southern Methodist University ranked No. 6 in WalletHub's 2024 Best Colleges in Texas rankings.Personal finance experts analyzed more than 800 U.S. universities using 30 metrics to determine the rankings.Factors that determine SMU placement include enrollment rate (52 percent), graduation rate (75 percent as of 2015), student-to-faculty ratio of 11:1, gender and racial diversity, and net cost. will appear.SMU's inclusion on the WalletHub list follows its recent No. 4 ranking. US News” It has…
Allie Beth Allman & Associates, a Dallas-based real estate brokerage firm especially well-known in the local luxury market, plans to move its Oak Lawn headquarters by the end of 2023.The company was acquired in 2015 by HomeServices of America, an affiliate of investor Warren Buffett's Berkshire Hathaway, and has been located at 5015 Tracy Street for 33 years.The new space, located on the fifth floor of the Turtle Creek Village offices at 3838 Oak Lawn Ave., will provide more than 10,000 square feet of space for agency, sales services, accounting and marketing.”This is kind of a testament to where we…
Dallas-based Gardenuity has raised $5.5 million in new seed funding as it develops expansion plans, CEO Donna Letier exclusively told Axios this week. The company has raised $7.5 million to date and is focused on the corporate wellness market, estimated to be close to $19 billion in 2021, according to the report. Last year, North Texas Angel Network made its first syndicated angel investment in Gardenity in November. Six of his NTAN members participated in his $50,000 seed round led by Alan Shor and Steve Lieberman of Anchor Capital and Retail Connection. Gardenuity, which creates bespoke container gardens and gardening…
Get ready to immerse yourself in the vibrant and enchanting extravaganza of Dallas Dia de los Muertos Parade & Festival. This annual event brings together Latin America's rich cultural heritage and traditions right here in Dallas. Día de los Muertos, also known as Day of the Dead, is a very meaningful holiday where family and friends come together to honor and remember loved ones who have passed away. It is a time filled with love, remembrance, and celebration of life. This year, the community will celebrate this joyous holiday at Dallas City Hall on Saturday, October 28th. Let's celebrate together.…
Allie Beth Allman & Associates, a Dallas-based real estate brokerage firm particularly well-known in the local luxury market, plans to relocate its Oak Lawn headquarters by the end of 2023.The company was acquired in 2015 by HomeServices of America, an affiliate of investor Warren Buffett's Berkshire Hathaway, and has been located at 5015 Tracy Street for 33 years.The new space, located on the fifth floor of the Turtle Creek Village offices at 3838 Oak Lawn Ave., will provide more than 10,000 square feet of space for agency, sales services, accounting and marketing.”This is kind of a testament to where we…
The Ritz-Carlton Hotel in Uptown Dallas has completed a $22 million renovation.The 16-year-old hotel, located just north of downtown, was already one of the most luxurious accommodations in North Texas before renovations began last year.The 218-room hotel is owned by a partnership formed by Fort Worth-based Crescent Real Estate. The renovation includes changes to all rooms, suites and public areas.A renovated Ritz-Carlton suite in Uptown Dallas. (Contributed by Ritz Carlton)General Manager Andrew Davidson said in a statement that the staff “looks forward to reintroducing the hotel to travelers across the country and continuing to build on its legacy as the…
AMLI Design District in Dallas. Image provided by: JLL Hasta Capital has acquired AMLI Design District, a 23-story, 314-unit property in Dallas. The company purchased Class A communities from: AMLI Residential Sales price is not disclosed. JLL Capital Markets represented the seller and sourced the buyer. JLL also secured financing through Freddie Mac Multifamily on behalf of HASTA Capital. Serviced by JLL Real Estate Capital LLC Freddie Mac Optigo Lender. JLL Capital Markets' investment sales and advisory team was led by Roberto Casas, Senior Managing Director. JLL Capital Markets' debt advisory team is led by Managing Directors Melissa Quinn and…