Author: harrisondfw

Associa’s search for a new headquarters hasn’t been as straightforward as that of many other companies.The company, which calls itself the largest residential property management company in the United States, prefers to own its assets in-house.Founded in 1979, Associa has a very strong financial track record, according to Chairman and CEO John Carona.Related:Santander re-signs 211,000 square feet lease in downtown Dallas”Long-term ownership gives us the opportunity for value appreciation, in addition to significant debt amortization and tax benefits over time,” Carona said. “Purchasing at this time also allowed us to take advantage of weak market prices.”The company currently owns the…

Associa’s search for a new headquarters hasn’t been as straightforward as that of many other companies.The company, which calls itself the largest residential property management company in the United States, prefers to own its assets in-house.Founded in 1979, Associa has a very strong financial track record, according to Chairman and CEO John Carona.Related:Santander re-signs 211,000 square feet lease in downtown DallasD-FW Real Estate NewsGet the latest real estate news you need to know.”Long-term ownership gives us the opportunity for value appreciation, in addition to significant debt amortization and tax benefits over time,” Carona said. “Purchasing at this time also allowed…

This North Dallas mansion is luxurious yet intimate — you’ve seen something like this before.No, the President of the United States doesn’t live here, but if you have $40 million to spare, you could.The mansion at 10777 Straight Lane, nicknamed the “White House of Dallas,” is back on the market. The roughly 18,000-square-foot property has six bedrooms, seven bathrooms and four partial baths. Built in 1996, the Palladian-neoclassical home was designed by Dallas architect Robbie Fusch.French limestone, imported marble and hardwood floors reach 14-foot ceilings on both levels, and an 18th-century Louis XV marble fireplace is the centerpiece of the…

A likely once-in-a-lifetime “Blaze Star” will be visible to the naked eye in the D-FW night sky between now and September.Despite its name, Blaze Star is actually made up of two companion stars (a white dwarf and a red giant) located about 3,000 light-years away in the constellation Corona Borealis. The two stars are known to scientists as a binary star system and are called T Corona Borealis.About every 80 years, T coronae grows up to 1,700 times more luminous, making it roughly as bright as the North Star, said Philip Anderson, director of the William B. Hanson Space Science…

UTA just lectured Texas educators about AI, and its Arlington campus hosted the state’s first “Prompt-a-Thon,” drawing academics and tech experts eager to figure out how to use artificial intelligence in the classroom and lab. Researchers, faculty and educators from higher education institutions and K-12 schools across Texas gathered at the University of Texas at Arlington in late May for an invitation-only event co-hosted by tech giant Microsoft and UT Arlington’s Office of Research, Innovation and Information Technology. Jeremy Forsberg, UTA vice chancellor for research and innovation, called the Prompt-A-Thon “an important step toward promoting AI literacy across multiple universities…

Trintech has appointed product engineering and research and development veteran Ram Dwivedi as country manager for India. [Photo: Trintech] Financial software provider Trintech announced last week that it is expanding its global footprint with the opening of a new center in Bengaluru, India. The move comes amid rapid growth and just weeks after opening an innovation lab at Trintech’s North Texas headquarters. The Bengaluru facility joins existing operations in Noida and Pune and will support Trintech’s innovation lab. Inaugurated on May 29, the lab focuses on advancements in AI and other cutting-edge technologies for financial close solutions. The company said…

James McElroy and Asher Wabreck, childhood best friends from Dallas, went their separate ways at the age of 18 to attend the University of Texas at Austin and Louisiana State University, respectively. Since then, the two have taken “countless backpacking trips” together and dealt with various problems along the way. The biggest problem was the endless texting and emailing around friends to plan trips, the struggle with shared expenses and sharing memories and thoughts on various apps and social media sites. “Coordinating friends’ trips and expenses through text and email is a nightmare because information gets disorganized, details get left…

Santander Consumer USA plans to remain at 1601 Elm St., which bears the Santander Tower name.The Dallas-based auto finance company will lease 211,087 square feet in the 50-story building owned by Pacific Elm Properties Inc. Santander Consumer USA will be headquartered in the building and will retain naming rights to the building.Robbie Baty and Travis Booth of commercial real estate firm Cushman & Wakefield represented Santander Consumer USA in negotiating the lease, while Sarah Terry and Regan Busby of Pacific Elm Properties represented the landlord.Related:Dallas-Fort Worth real estate market trends in 2024″Santander explored various options in the area and ultimately…

The 282-acre Bosque Mountain Ranch (also known as Round Mountain Ranch) will soon be on the market. CLIFTON, Texas — Texas isn’t really known for its mountains unless you travel quite far into the southwest. The Hill Country is rich with rugged landscapes, and a new ranch property for sale between Dallas and Austin is perfect proof of that. The 282-acre Bosque Mountain Ranch, also known as Round Mountain Ranch, is expected to hit the market soon, according to Icon Global, a Dallas-based brokerage that specializes in ranch sales. Bosque Mountain Ranch is located about 10 minutes west of Clifton…

Division Hotel Management LLC, in partnership with Valencia Hotel Group, plans to demolish the former Caravan Motel at 908 E. Division St. ARLINGTON, Texas — Read this article and more North Texas business news from our partners at Dallas Business Journal. An independent hotel management company wants to transform a former motel and used car dealership in Arlington into a $54 million luxury hotel, and the city is providing funding to support the project. Division Hotel Management LLC, in partnership with Valencia Hotel Group, plans to demolish the former Caravan Motel at 908 E. Division St. and Dollar Car Sales…