Centurion American Development Group
Megatel Homes, one of North Texas’ most prolific homebuilders, is suing even more prolific Centurion American Development Group and Grapevine-based United Development Group, charging that the firms “conspired to take advantage of Megatel,” mostly by selling development properties to competing homebuilders. Megatel is seeking $100 million in damages. If the names of these companies sound…
Nothing like the weekend to get the real estate buzz brewing. Almost every developer I spoke with — three, all off the record, of course — is scratching their head about the way Hayman Capital Management’s Kyle Bass has brought Mehrdad Moayedi, founder and CEO of Centurion Development, into the United Development Funding story spotlight.…
Yes, you heard that right and no, this is not deja vue. The Dallas real estate market is back, and so is Champ d’Or, listed this time with that go-getter of a Rogers Healy, priced at $35 million. You may recall the 48,000-square-foot Hickory Creek mansion (basically Denton), known as Champ d’Or, which translates to “Fields…
Nice to have this confirmed by the solidness that is Robert Wilonsky: Mehrdad Moayedi, one of the largest residential developers in North Texas, at least 677 lots brought up in 2012 from Dallas to Prosper, Celina, Frisco, McKinney, and Aubrey, apparently is working a deal to buy the downtown Statler Hilton from Leobardo Trevino’s Ricchi Investment Group.…
Or Mini Champs. McMansion Champs –McChamps! This could be why Alan Goldfield has decided to auction off the over the top dream chateau with the Chanel Boutique-replica closet etc. etc. that he has been trying to sell for almost ten years up there in Hictory Creek. A few weeks ago I found out that a chunk…
