Apartment Leasing
Pacific Elm Properties and Mintwood Real Estate have announced preleasing on Peridot, their newest premium residential apartment homes at Santander Tower in downtown Dallas. Set to open in July 2023, Peridot will feature 228 homes for lease in the 1.3 million square foot skyscraper located at 1601 Elm Street, adjacent to Thanks-Giving Square. According to sources,…
While the Dallas-Fort Worth region has experienced record-low inventory in the single-family real estate market and unprecedented growth in housing prices, another industry has prospered just the same. Many D-FW residents have seen the buildings popping up all over the place, but did you know the Dallas area is also a top destination for apartment…
As rents increase and Dallas experiences challenges with homelessness and a lack of affordable housing stock, life could become even more difficult for those on a fixed income trying to stay in an apartment. Senate Bill 986/House Bill 2045, introduced by Republicans Shelby Slawson of Stephenville and Brandon Creighton of Conroe would override a Dallas…
A recent report from real estate survey factory Zumper shows that rents in the Dallas-Fort Worth area are still some of the priciest in the state — meaning that what you pay for a Richardson apartment has gone up in a big way. In Texas, the median rent for a one-bedroom apartment is $1,176. Compare…
Just reading the story is a jaw-dropper: ProPublica, the online independent, nonprofit newsroom that “produces investigative journalism with moral force” is saying that Richardson-based RealPage is using proprietary algorithms to help landlords raise rents, turn profits, and basically screw renters out of affordable housing. The algorithm, dubbed YieldStar, uses several strategies. According to the ProPublica report,…
