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Commercial Real Estate News
Dallas/Ft. Worth
Commercial Real Estate News
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Luxury Multifamily High-Rise Completed in Dallas
StreetLights Residential and Westdale completed construction on The Case Building, a 337-unit apartment tower located at the intersection of Hall St. and Main in east Dallas' Deep Ellum neighborhood. The first multifamily high-rise constructed in Deep...

Altisource Residential Acquires 1,957 Rental Homes from Amherst Holdings
Altisource Residential Corp. (NYSE:RESI) acquired 1,957 single family rental properties from Amherst Holdings for $305.1 million or about $155,900/home. The transaction was the third and final closing associated with a previously announced purchase...

New Venture to Deliver 1 Million SF of Office Space to Dallas Midtown
Seritage Growth Properties (NYSE: SRG), a New York City-based retail REIT with more than 40 million square feet under management, has launched a joint venture with Dallas-based build-to-suit office development and investment firm KDC to develop up to...

Westmount Realty Capital Promotes Anderson
Westmount Realty Capital, a privately-held, Dallas-based commercial real estate company, promoted Michael Anderson to managing director of acquisitions in its Dallas-based office. Since joining Westmount in 2016, Anderson has played a key role in the...

Gartner Leases 152,000-SF Irving Office Bldg. on Long-Term Deal
Leading American research and advisory firm Gartner (NYSE: IT) finalized a deal with Piedmont Office Realty Trust (NYSE: PDM) to fully occupy the 152,086-square-foot, six-story office building at 6011 Connection Dr. in Irving, TX on a long-term deal. The...

Crow Holdings Appoints Next CEO
Crow Holdings, a value-add real estate investor, developer and owner based in Dallas, has appointed Michael Levy to CEO. Levy served as COO for Morgan Stanley Investment Management's $400 billion asset management platform prior to joining Crow Holdings...

Blackstone REIT Buying 20-Property Apt. Portfolio for $460 Million
Meritage at Steiner Ranch. Steadfast Income REIT entered into a joint venture arrangement with Blackstone Real Estate Income Trust involving 20 of Steadfast's 63 apartment communities. The 20 assets total 4,584 apartment units. In the transaction,...

Fairfield Residential Sells 380-Unit Atera Apts.
Fairfield Residential sold the 380-unit Atera Apts. at 4606 Cedar Springs Rd. in Dallas, TX to NexPoint Residential Trust (NYSE:NXRT) for $59.2 million, or approximately $156,000 per unit. The 476,479-square-foot apartment community consists of one...

Bertrand Named VP of Acquisitions at Lloyd Jones Capital
Looking to expand its holdings in key markets throughout Texas, Miami-based multifamily investment firm Lloyd Jones Capital has brought in Neil Bertrand as its new vice president of acquisitions. Bertrand will lead the firm's acquisition efforts for...

Guidon Signs Full Floor HQ Lease at The Summit at Las Colinas
Guidon Energy, an oil and gas company founded in the Midland Basin, signed a long-term lease for a full floor within The Summit at Las Colinas where the company will establish its national headquarters. Beginning next quarter, Guidon will occupy 22...

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