One Road Project Could Help Pave The Way For McKinney's Airport To Go Commercial

Efforts to improve traffic on one McKinney highway have set off a battle between development interests and the existing residents who fear losing their homes, land and the city’s country-like vibe to rapid urbanization. Plans to extend U.S. Highway 380 in McKinney — including a…

Read Full Story

Investors and developers wondering who owns some of the unique acreage alongside the SRT 121 Tollway in McKinney have to look no further than the McKinney Economic Development Corp. MEDC has acquired more than 200 acres of prime acreage alongside the…

Read Full Story

In Case You Missed It...

Growing demand for healthcare services has created a booming market for medical office buildings, bringing a host of new investors into the space and making it more challenging for the sector's traditional players. 

Anchor Health Properties Executive Vice President Katie Jacoby, whose company has been developing medical facilities for over 30 years, said she is seeing a surge of private equity competing for healthcare real estate deals. 

"Ten years ago, healthcare was hardly even considered an asset class; now it's one of the top asset classes," said Jacoby, who will speak April 11 at Bisnow's National Healthcare Mid-Atlantic event in D.C. "There is increased competition to purchase properties and to develop properties."

Read the full story here.

Anthony Scaramucci might be the living embodiment of the phrase, "There's no such thing as bad publicity."

But even as he has re-entered the world of private equity, Scaramucci believes that what matters most is that people have heard of him at all. He explained his reasoning by invoking the man to whom he tied his political fortunes and whose presidency he still appears on TV to defend.

"[President Donald Trump] had a nice line about it, where he said, ‘If 100 million people know you, and 50 million hate you and 50 million like you, that’s better than 100 million people not knowing you,’" Scaramucci said. "So as long as you can take the heat, it’s OK."

Scaramucci's hedge fund, SkyBridge Capital, launched a qualified opportunity fund late last year, and recently partnered with Westport Capital Partners to manage the fund with a target of $3B in investment. Even if his political dalliance and brash, confrontational style turn some potential investors away, Scaramucci said his phone has rung more than it would have had he never set foot in the White House.

Read the full story here.