The 310,000 square-foot University Courtyard Apartment near the University of North Texas which was hit by financial troubles lately was sold Thursday to a Seattle-based HRA University Courtyard LLC for $27.7 million. According to county records a foreclosure was withdrawn, as the sale took place, so the financial clouds that hanged over the project are [...]
Tabani Acquisitions purchased for an undisclosed price the 39,039-square-foot retail center at Mustang Crossing at 351.501 FM 548 in Foney. The property was sold during a foreclosure auction, as Wells Fargo NA completed the foreclosure process against the real estate. The new owner, Tabani will manage and lease the retail center, which includes vacancies for [...]
The National Association of Realtors published its quarterly assessment of home prices in major cities, and found that nationwide prices declined nearly 3% in the second quarter compared to year earlier. On the other side of the coin is the Dallas area market which recorded a 12.5% increase, one of the greatest gains in the [...]
According to a recent forecast issued by Fiserv Inc. home prices in Dallas-area aren’t likely to reach a bottom until the end of 2011, although a 10% decline was recorded already in the last four years. The Case-Shiller index show a 5% decline since last year in Dallas home prices, while median sales prices are [...]
During the first six months of 2011 almost half-billion dollars in Dallas-Fort Worth area commercial properties were sold by lenders on the steps of the courthouse. Although the amount sound big, this is much less than the amount recorded a year ago. “What we are seeing is just phenomenal compared to what it could have [...]
Four north Arlington apartment complexes which had the water turned off last fall, because bills were several months overdue have been sold out of foreclosure. The owner of the apartment complexes were King Landing Apartments, but Branch Banking & Trust filed a foreclosure lawsuit and on April 5 foreclosed on the buildings. The communities are [...]
