This Week's Dallas-Fort Worth Deal Sheet
Hillwood and Hunt Realty have partnered with Hines, Estein USA, Earns Commercial Real Estate, Provident Realty Advisors and Cousins Properties to imagine a so-called Amazon Urban Village, a proposed conglomeration of sites totaling 36 acres and 8M SF of office space in Victory Park/Uptown.
The village addresses major points in the Amazon request for proposals such as proximity to an urban area, access to an educated workforce and access to transit (public, infrastructure, air).
"The Uptown/Victory Park site is very similar to Amazon's Seattle campus…
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Top stories on Bisnow.com
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Vegas Gunman's Real Estate Ties In Dallas
Stephen Paddock, the gunman who killed at least 59 people and injured more than 500 in Las Vegas Sunday night, once owned a few properties in Texas.
Although some news outlets (including the Associated Press) Monday referred to Paddock as…
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Dallas Ranks No. 8 In National Rent Growth Slumps
New data from Abodo Apartments puts Dallas at the eighth-highest decrease in multifamily rent growth nationwide going into October.
According to the report, Dallas-Fort Worth rents have fallen by 2.82%. The biggest decrease was in Newark, New Jersey, at 6%, and…
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Hotel Security In The Spotlight After Deadly Las Vegas Shooting
Late Sunday night, a 32nd-story room at the Mandalay Bay Hotel high above the Las Vegas strip became a tragically lethal firing position. Before taking the lives of more than 50 people and injuring over 500 others, the shooter, 64-year-old Stephen Paddock, was able to take nearly 20 rifles and handguns and hundreds of rounds of ammunition up to his room.
The horrific incident is raising questions about hotel security. In one of the most heavily surveilled places in the world, how did this happen?
“Security is very lax [in hotels],” Lone Star Protective Solutions owner and chief instructor Jeff Chase said.
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Clamping Down On Immigration Could Put The Squeeze On CRE Workforce
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CMBS Market Out Of The Woods? Delinquency Rate Drops For Third Consecutive Month
The rate at which commercial mortgage-backed securities are becoming delinquent has dropped for the third month in a row, according to data tracked by Trepp.
Between March 2016 and June 2017, the delinquency rate was on a gradual climb, but since then it has slowed. The percentage at which loans were past due in U.S. commercial real estate was sitting at 5.4% as of September, with almost $1.3B…
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