Charles Grand
The Lone Star State’s multifamily market is competing to lead the nation in rent correction, with apartment renters gaining leverage as vacancy rates tick up and units stay on the market longer. Reliable Cash Home Buyers put together a renter leverage index using apartment listing metrics like vacancy rate, time on the market, and year-over-year…
Dallas City Council members once again signed off on a new affordable housing deal to support the construction of mixed-income housing near the Dallas Medical District, keeping up the city’s purportedly unbroken track record on such projects. GoodHomes Communities, a real estate investment firm that specializes in redeveloping underperforming hospitality or senior properties into workforce…
An Uptown mixed-use property is in for a renovation following its acquisition by the Dallas-based multifamily investment and management firm Knightvest Capital. Situated in the West Village shopping and dining district at 2975 Blackburn St., Ardan West Village was built by Cityplace Company and Forest City Realty Trust. The L-shaped building with its 23-story residential…
Staff is laying the groundwork for what’s sure to be another contentious Dallas City Council meeting in late May when officials will get an update on City Hall repair, relocation, and redevelopment options. Debates and speculation over the process that led to council members voting to explore disposition scenarios last month remain as dynamic as…
City leaders are divided over whether Dallas is really facing a housing affordability crisis — and if so, what should officials be doing about it? That question surfaced Wednesday as council members were briefed on the state of housing in Dallas and a new strategic plan aimed at making housing more attainable across the city.…