Dallas-Fort Worth area foreclosure dropped on a year-over-year basis with 12% this year. The numbers show that only 56,358 foreclosure notices were filed during the first 12 months of 2011. According to the Foreclosure Listing Service, the area foreclosures reached their highest level with 63,835 foreclosure postings in the four-county North Texas region, which includes [...]
Posted in Foreclosures | Read More »
The Golden Triangle Mall in Denton has a new owner, a Dallas partnership which purchased the mall with plans to give a major facelift including a new food court, facade and updated storefronts. GTM Development the new owners of the Denton mall, is a limited partnership of The MGHerring Group in Dallas, a national shopping [...]
Posted in Commercial | Read More »

Solana Business Park lenders are asking a state district judge to appoint a receiver to handle disposition of the property. And they have their argument: the amount they loaned to the developer is $495 million. According to information provided to The Fort Worth Star-Telegram the property that straddles the Westlake-Southlake border, was posted for foreclosure [...]
Posted in Commercial,Foreclosures | Read More »
A Federal Housing Administration-insured program granted a $36.6 million financing for a luxury high-rise apartment building in Dallas. The first project inspired by artist Paris’ Kiron Galerie d’Art, Verona Apartments is a 16-story multifamily property, which features a cigar room, billiards room, aqua lounge and theater. And the project received green light for the fixed [...]
Posted in Housing,Luxury | Read More »