Dallas

By Georgiana Mihaila, Associate Editor
The historic Fairmont Hotel in Dallas traded hands this week for the reported amount of $69 million, or $127,000 per key. According to city records, the seller was PCCP DCP Dallas Hotel, an affiliate of El […]

By Georgiana Mihaila, Associate Editor
The Dylan apartment community in Oak Lawn saw a change in ownership with the purchase by a joint venture of California-based Canyon Capital Realty Advisors and an affiliate of Magic Johnson Enterprises. The 125-unit property, located […]

By Georgiana Mihaila, Associate Editor
This month’s Dallas County foreclosure auction brought a new owner for the downtown landmark Interurban Building. A California investor affiliated with Bridge Partners paid $11.5 million for the 95-year-old red brick building. Constructed in 1916, the […]

By Georgiana Mihaila, Associate Editor
After partnering with Inland Western in order to buy Houston property Sawyer Heights Village, Toronto-based RioCan Real Estate Investment Trust is now eyeing the Dallas area. The companies acquired Arlington’s Lincoln Square shopping center, the 444,500-square-foot […]

By Georgiana Mihaila, Associate Editor
As part of its ambitious plan to redevelop downtown Dallas, Hamilton Properties has taken on the most challenging project yet. The development company plans on converting the vacant Lone Star Gas complex into rental housing. Hamilton […]

By Georgiana Mihaila, Associate Editor
Due to a sharp comeback of job growth in the Dallas-Fort Worth area and a notable lack of first-time home buyers, the Metroplex was pushed to the top of the list of U.S. rental markets in […]

By Georgiana Mihaila, Associate Editor
Once the largest corporate facility to get built in the Dallas suburbs, Citigroup’s campus, part of Las Colinas, might soon see a change of owners. According to local real estate brokers and economic development officials, MetLife […]

By Georgiana Mihaila, Associate Editor
On Wednesday, June 22, the Metrolex’s Southlake submarket will become home to a new medical complex. The $21 million Southlake Specialty Care Center is designed to offer outpatient pediatric specialties, lab services and physical rehabilitation.
The 34,000-square-foot […]

By Georgiana Mihaila, Associate Editor
While commercial real estate news usually predominates in the Dallas area, during the past week the residential market has seen a fair amount of changes. The McCallum Crossing apartment complex in North Dallas sold to California-based […]

By Georgiana Mihaila, Associate Editor
In one of the biggest recent purchases within the Dallas area, New York-based Praedium Group, in collaboration with Mike Ochstein, president of Price Realty Group, has acquired the 362-unit Hidden Creek Apartments at 1200 College Parkway, […]