collapse

A screen capture of a video on Megatel Homes website shows the buildout of the Soho Square development in West Dallas, and construction of what appears to be three-story townhomes.

From staff reports

Editor’s Note: Overnight, Megatel Homes responded to our questions, and provided a statement. Those responses have been added to this story.

A townhome collapse in West Dallas Monday afternoon that killed one and injured five more is believed to have been caused by the weather.

Dallas Fire and Rescue spokesperson Jason Evans told reporters Monday evening that there were six workers inside the three-story townhome on Borger Street, near Singleton Boulevard, when the fire department arrived. Five were transported to local hospitals, and one was a fatality.

The five injured were in what Evans termed the “collapse zone.” (more…)

Rudy Giuliani, Zach Ipour, and Kevin O’Leary in Farmers Branch Tuesday

I cannot call it a party, because it was so much more. I have been to a lot of Realtor’s parties. This one REALLY topped them all. Zach Ipour, founder and CEO of Megatel homes, threw a MEGA EVENT Tuesday night, a VIP experience, for the North Texas Real Estate world at Mercer Crossing, the 370 acre planned community in Farmers Branch, just north of 635 and the Luna Road exit. The billion dollar mixed use development will dramatically shift the southwestern corner of Farmers Branch into a Viridian-type environment.

I know what parties cost, and this one had at least 2500 real estate professionals, with full bar service and seated dinner. There was a huge white tent with a/c. Even the bathrooms were tip-top, those nice white trailers just like the ones at the Pebble Beach Concours D’Elegance. There was a smattering of tip top producers, too, from Dave Perry-Miller’s Ryan Streif and Charles Gregory, who has already sold two homes in Mercer Crossing, ReMax Premiere’s Von Truong, Bryan Poche, Dallas City Center’s Lisa Marie Dyess-Richardson, the ubiquitous Jeff Lindigrin, and more. Donations were also raised for Guns and Hoses Foundation of North Texas.

But get this: Kevin O’Leary, Mr. Wonderful of Shark Tank, and former New York City mayor Rudy Giuliani, who made even more news after leaving Texas, were keynote/ribbon-cutting speakers. The two sat right among the dinner guests, posing for pictures.

(more…)