Washburne

Photo courtesy Flickr

Four days ago, Ray Washburne’s Charter Holdings snapped up the Trinity West shopping center at Singleton Boulevard and Hampton Road. Late Friday, it was announced his Charter DMN Holdings had also purchased the former Dallas Morning News building.

Known by many as the “Rock of Truth” because of the words etched on the front, Washburne’s company purchased the campus for $28 million, paying $5.6 million in cash paid today at closing, and a two-year promissory note for the remaining $22.4 million. (more…)

 

Longtime journalist Jason Sickles is trying his hand at real estate. He recently joined Fathom Realty, a cloud-based brokerage that now has a presence in 75 markets across 19 states.

“Fathom’s an agent-owned virtual brokerage and I believe in the direction they’re heading,” Sickles said.  “Their commissions are more favorable to Realtors, and the company’s principles track my own: love, service, integrity, acceptance, respect, support, charity, and family.”

Sickles grew up in East Texas before moving to Dallas in 1989, two days after he graduated high school. A month before he turned 18, he took a part-time job at the Dallas Morning News answering phones for the sports department. By the time he graduated from the University of Texas at Arlington with a criminal justice degree, he was a full-fledged journalist for the paper. He later worked in both TV news and at Yahoo News.

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Dallas Morning News

Photo courtesy Wikimedia Commons

On the heels of a dismal fourth quarter in 2018, one institutional investor in Dallas Morning News parent company A.H. Belo has signaled its discontent with the decisions the company has made with a letter filed with the Securities and Exchange Commission on Monday.

Minerva Advisors, an investment management firm based in the Philadelphia suburb of Bala Cynwyd, Pennsylvania, filed the letter with the SEC, saying that the company should go private, and “has no business remaining publicly traded.” (more…)

Photo: Jeff Turner

To all the talented journalists and Dallas Morning News employees that were handed pink slips recently: I know how overwhelming this feels. When I was suddenly laid off from the same publication in 2009, I felt unmoored and somewhat lost. You will find a way to move on, though, so hang in there.

The advice offered by human resources that morning was very basic: I was instructed to file for unemployment as soon as possible and given information on COBRA benefits. While the information I received was far from comprehensive, one thing that was missing was information on how this sudden loss of income would affect my repayment of student loans, credit accounts, and most important of all, my mortgage. 

What do you do if you’re a federal employee that has been furloughed due to the government shutdown, or you’re a worker who was just laid off, and you have a mortgage? 

“If you see that you’re not going to be able to make your payments, call your lender and see what options are available to you,” said Lisa Peters of Caliber Home Loans. “The bottom line is this: don’t put it off.”

Not every lender is the same, nor is every mortgage or change in employment, so it’s crucial to contact your lender immediately if you think your employment situation might cause you to get behind on your mortgage. Sometimes a lender may be able to offer a loan modification or a forbearance to ensure that you pay as much as you can on your loan until you get back on your feet. 

Important note: When your lender reaches out after a missed mortgage payment, you cannot stop the process of foreclosure by ignoring the mail notices. 

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Photo courtesy Wikimedia Commons)

From staff reports

Word came early this morning that the Dallas Morning News laid off 43 employees, including 20 writers, editors, and other newsroom personnel, marking yet another round of staff reductions as print revenue declines.

The 43 layoffs account for about 4 percent of the A.H. Belo Corp. employees, the newspaper said. It did not say what percentage of Dallas Morning News employees that equated to, nor did it disclose how much of the newsroom that accounted for. (more…)

The State Fair of Texas is just around the corner, which means Jeremy Larsen is about to spend a lot of time in the kitchen. Last year, the home designer and Berkshire Hathaway HomeServices Realtor entered three items into the Fair’s cookie contest. He was recognized for them all.

“I didn’t think that was a very big deal until other people started telling me it was,” Larsen said. “It turns out a first-time entrant getting three honorable mentions is pretty good.” (more…)

Historic Spanish Colonial
Certain homes define Dallas, and this Highland Park historic Spanish Colonial at 3806 Beverly Drive is one of them. We are more than excited that it’s on the market because it has rarely been available.

Settle in with a big cup of coffee because we have a tale to tell.

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Hill Haven Midcentury Modern

We’ve loved this Hill Haven Midcentury Modern at 11316 Valleydale Drive for a long time. The architectural screen block wall is the first clue that something special is about to unfold behind that turquoise blue front door of our Inwood Home of the Week!

Former owner Alex Eskenasy of Eskenasy Ferguson Architecture had a great deal to do with what makes this home special.

“The house had an existing architectural vocabulary that I used,” Eskenasy explained. “It already had all the components, the quirky midcentury modern details like the breeze block wall, and the connections between beams and columns expressed throughout different porches. I wanted to take the original architecture, embellish it, and expand the house.”

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