Real Estate Blog
He’s the voice of the Sounders — and a real estate investor by day
Danny Jackson, who became the Sounders play-by-play commentator this season, is a commercial real estate owner and operator of a 2.25 million-square-foot portfolio.
New projects in North Texas (11/08/2023)
Here’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Big-name developers shape high-rise plans for downtown Fort Worth
Hillwood is so bullish on Cowtown that the developer bought a whole city block. Dart Interests has unveiled plans to turn a prime site that used to be a library into a high-rise or two. Read on to find out what could spring up next in downtown Fort Worth. Possibilities include high-rise offices, luxury residences and a hotel in the city one of the developers calls “dynamic and cosmopolitan” with a Texas twist.
Now open in South County: Part of a massive office-to-residential project at former MetLife campus
The first apartments are open at the former MetLife office campus in south St. Louis County, part of a mixed-use redevelopment that includes one of the largest office-to-residential conversions in the St. Louis region.
DFW Bank Snapshot: Alliance Bank went from rural fringes to operating in Metroplex urban core
This bank founded almost 100 years ago was once known for loans on dairy cows. Now it's heavily invested in real estate and has been moo-ving further into DFW's core, with branches in Plano and Rockwall. Click through to read more about Alliance's history, assets and loan portfolio, and check out a list of the largest North Texas banks ranked by assets. DFW Bank Snapshot is a regular feature available to Dallas Business Journal subscribers.
Voter-approved property tax cuts could spur economic development in Texas, business leaders say
With Proposition 4 – the state's vast property tax relief package – now approved by voters, some representatives of the business community share that the coming breaks will help foster more economic growth in Central Texas while others argue it will do little to change the status quo in Austin. This story looks at what the approved package means for businesses, and subscribers can access ABJ's list of commercial building owners.
‘We’re seeing a lot of demand’: 3 local bank executives on commercial loan demand, the economy and CRE portfolios
While the three banks do not have significant exposure in terms of commercial real estate in their portfolios, as Center City office buildings continue to struggle, one said it was “a big concern” because of the trickle-down effect that can have on foot traffic, something he noted is “definitely an issue” if it doesn't return.
What a $1.8B verdict on home sale commissions means for KC brokerages
Residential real estate brokerages in Kansas City are assessing their business in the aftermath of a lawsuit that could require the defendants to pay $1.78 billion in damages and change the industry across the U.S.
University City office rents rose 8% in last two years, putting them among highest hikes in the nation
As new innovation spaces continue to come online in University City, office rent prices in the neighborhood are skyrocketing. Since 2011, the average rental rate has jumped 47%.
Chicago Culver’s franchisee opens 10th restaurant with plans for more
Culver's franchisee Baron Waller hopes to open another location in 2024 and has his eye on South Shore and Little Village.