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Real Estate & Development in ...
Cannon Beach, a $200M surf‑and‑adventure resort, will break ground in McKinney next Monday — a 35‑acre development built around a surf lagoon, hotel and entertainment venues.
Fort Worth's zoning commission approved more land for Black Mountain Power's data‑center campus, expanding a project that now totals roughly 430 acres and a reported $10B scope.
Pennymac is opening a new North Texas hub in Carrollton — initially 150,000 sq ft with plans to expand and more than 1,800 jobs expected. A ribbon-cutting is set for this Friday.
Fort Worth Convention Center's Phase 1 expansion is complete, highlighted by a new southeast entrance and improvements aimed at boosting tourism and employment.
A Highland Park estate that listed for $32.5M transferred in early December and now ranks as the priciest residential sale in Texas for 2025.
A Knightvest‑TPG Angelo Gordon joint venture closed a $42M Mesa West loan to acquire and renovate Perry Row, a 149‑unit townhouse community north of downtown Dallas.
Dallas leapt 25 spots to No. 22 on RentCafe’s Q3 tracker as searches, favorites and saved searches surged across the metro.
Two North Dallas mansions—one in Highland Park and one in Old Preston Hollow—sold within 24 hours, carrying nearly $24M in asking price volume.
An 18-story downtown Dallas tower at 211 N. Ervay is back on the market as a conversion-ready redevelopment play, pitched with tax-credit incentives and CA-1 flexibility.
Stream Realty secured a $228.2M five‑year loan to refinance The Quad in Uptown Dallas, placed by JLL for accounts managed by KKR. The deal underscores renewed lender interest in top‑tier office assets.
CyrusOne filed applications to add three large data centers near Whitney, Texas, and tied the campus to a 400MW power deal with Calpine.
KKR purchased two Las Colinas communities totaling 673 units from Lone Star Funds, financed with a roughly $118M Rialto loan. The move signals renewed institutional interest in Dallas rentals.
Caterpillar purchased the 15‑acre Varispace/Zales campus at 901 W. Walnut Hill Lane in Irving to expand offices and host dealers close to its Williams Square headquarters.
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