A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $685.58 million have debt yields less than 9%, according to data compiled ...
The property is 88.6% occupied.
The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 1.1 million-square-foot office building in Dallas. Cushman & Wakefield has been tapped to market the 45-story property, ...
STK Commercial has bought the 114,525-square-foot office building at 6500 Greenville Ave. in Dallas. The Edmond, Okla., investment firm purchased the seven-story property from Lilium GVP LLC of Addison, Texas, which had owned it since 2020. Partners Real Estate brokered ...
Dallas Business Journal Hillwood Urban is considering offering for sale Victory Commons One, a 364,428-square-foot office building in Dallas. The local real estate developer has tapped JLL to help it explore strategic options for the 15-story property at 2601 Victory ...
Blackstone has provided $124.65 million of mortgage financing against the Alesio Urban Center mixed-use complex in the Dallas suburb of Irving, Texas. Berkadia arranged the financing on behalf of Harbor Group International, a Norfolk, Va., investment and management firm that ...
Dallas Business Journal Apollo Global Management has provided $80.3 million of financing to facilitate Tourmaline Capital Partners' purchase of the 376,259-square-foot Tollway Plaza office complex in Dallas. Tourmaline, of New York, purchased the two-building property from Buchanan Street Partners of ...
Dallas Business Journal Shorenstein Properties has acquired The Tennyson, a 273,574-square-foot office campus in the Dallas suburb of Plano, Texas. The San Francisco firm purchased the two-building property from Spear Street Capital, also of San Francisco, in a deal brokered ...
Dallas Business Journal Albany Road Real Estate is offering for sale Hillcrest Tower, a 168,000-square-foot office building in Dallas. Newmark has the listing for the 10-story property, at 12720 Hillcrest Road along Interstate 635. The property is being marketed without ...
Commercial Real Estate Direct Staff Report The average monthly apartment rent in the Dallas/Fort Worth area declined in the first quarter of this year by 0.4% to $1,483/unit, according to Colliers. Regardless of when a property was built, rents declined ...
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