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December 15, 2022

Texas Manufactured Housing Producers Hope For A Spring Revival Of Tanking Market

New Speaker: Toll Brothers Division President David Assid Joins Houston Master-Planned Developments & Communities Feb. 23

Just 10 months ago, manufactured housing couldn’t be cranked out fast enough to meet the demand of people looking for affordable homeownership.

Now, business activity in the sector has slipped for the eighth consecutive month amid rising interest rates, leaving industry insiders to pin their hopes on a spring turnaround.

Texas Manufactured Housing Producers Hope For A Spring Revival Of Tanking Market

According to the November edition of the Texas Manufactured Housing Survey, every manufacturer reported a decrease in month-over-month sales, while the survey's production index was in negative territory and its number-of-employees index dropped to its lowest level on record.The slip is due to a market correction after a boom during the…

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Trammell Crow Plans To Turn Upper Kirby Strip Mall Into Luxury Residences

High Street Residential will build a mixed-use building with 209 residential units where a strip mall currently stands in the Greenway/Upper Kirby area.

Trammell Crow Plans To Turn Upper Kirby Strip Mall Into Luxury Residences

The complex at 2311 Westheimer Road will be called Residences of Westheimer and offer ground-floor retail. High Street Residential is a subsidiary of Dallas-based Trammell Crow Co.The project is projected to cost $97M, or about $464K per residential unit, the article states. Residences of Westheimer will feature nine stories…

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There’s A Broker Playbook For How To Survive A Recession. Will It Work This Time?

This isn’t the first shake-up in the office market Jodi Selvey has experienced — in fact, it’s the fourth. But the current market, said the Colliers principal with 35 years of experience, is unlike anything she has seen before.

There’s A Broker Playbook For How To Survive A Recession. Will It Work This Time?

Previous recessions, like the dot-com bubble burst and the Global Financial Crisis, were confined to one sector or the result of a macroeconomic cycle crashing. This time, said Selvey, one of the top office leasing brokers in Atlanta, brokers are reckoning with a seismic shift driven by behavior, rather than…

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New Black-Owned DFW Brokerage Refuses To 'Pigeonhole' Potential

New Black-Owned DFW Brokerage Refuses To 'Pigeonhole' Potential  

When Mark Allen and Courtland Charles finally made the decision to start their own brokerage, it was like scratching an itch that could no longer be ignored.

The pair had spent years successfully negotiating deals under the shadow of corporate behemoths, and by all measures, they had made it in the industry.

But the death of George Floyd forced them to confront the uncomfortable question of whether they were realizing their full potential.

“We felt it was necessary for us to take a hard look at who we want to be — just a spoke in a wheel? Or to really create an identity, enjoy what we do, and do something special,” Allen said. “We opted to make that happen — boldly.”

Allen and Charles launched Onyx Legacy Group earlier this year after stepping away from roles in the multifamily investment sales division at Colliers International. The pair’s work relationship dates back to 2017, when they were employed at Marcus & Millichap. Onyx offers advisory…

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