Yardi Matrix
Appraisal Cuts S2 Capital’s 720-Unit The Kace in Grand Prairie to $82.9MM, Down 47% From 2022
A fresh appraisal pegs S2 Capital's 720-unit The Kace apartment community in Grand Prairie at $82.9 million, roughly $72.5 million below its 2022...
TruAmerica Multifamily Buys 636-Unit The Pavilions Next to Texas Instruments HQ in Dallas’ Lake Highlands
Los Angeles-based TruAmerica Multifamily has acquired The Pavilions, a 636-unit, 1990s-era apartment community at 9000 Vantage Point Drive in Lake Highlands, pushing its...
Four-Property Devon Self-Storage Portfolio Totaling 259,000 SQFT Trades in Houston at 76% Occupancy
Marcus & Millichap's LeClaire-Schlosser Group has closed the sale of the Devon Portfolio, four Houston self-storage facilities totaling 1,779 units and about 259,250...
Brandywine Sells 341-Unit Solaris House Tower at Austin’s Uptown ATX for $136MM
Brandywine Realty Trust has unloaded Solaris House, the 13-story apartment tower that anchored the first phase of its 66-acre Uptown ATX redevelopment across...
Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...
Houston’s $7.5B City Budget and $1.7B METRO Plan Shift Costs and Risk Onto Real Estate
Houston erased most of a $209 million deficit without raising property taxes, and METRO protected bus and rail service by cutting 177 jobs...
Invesco Real Estate Buys 122-Unit Horizon at Premier Build-to-Rent Community in Plano From Starboard Realty
Invesco Real Estate has added a nine-year-old gated community of detached rental homes in Plano to its build-to-rent holdings, buying Horizon at Premier...
Frisco Leads the Nation in Apartment-Size Growth as Arlington Records the Steepest Drop
The Dallas-Fort Worth metroplex holds both extremes of the national apartment-size ranking, with Frisco adding more living space than almost any city in...
Bow River Capital Clinches 456-Unit Dry Creek Ranch in Northlake as Dallas-Fort Worth Values Reset
Denver-based Bow River Capital has taken control of a 456-unit garden-style community on the northern edge of AllianceTexas, buying Dry Creek Ranch from...
TCU’s $500MM Building Wave Tops Out as Endeavor Weighs Second Berry Street Phase in Fort Worth
Texas Christian University has topped out the first of nearly 2,500 new beds under a $500 million construction program reshaping its east campus,...
Arlington Backs Trammell Crow’s $123MM Downtown Mixed-Use Project With Nearly $36MM Incentive Package
Trammell Crow Company will redevelop the largest surface parking tract in downtown Arlington into a 390-unit mixed-use district after the City Council approved...
Dallas Posts $2.6B in Office Sales as Texas Markets Claim 17% of National Construction Pipeline
Texas office markets are flexing outsized influence on the national stage, with Dallas ranking second in the country for year-to-date sales volume and...
