Displaced Apartment Tenants Are Struggling To Relocate After Dallas ISD Bought The Land

Vincent Starnes lives at the North Park Terrace Apartments. One night, he says he fell and broke his hip because the outdoor lights had been broken for months.

The North Park Terrace Apartments in Vickery Meadow has been a bit of a ghost town for the past few months. Tenants of the 300-unit complex began moving out in October when they were told that the Dallas Independent School District had purchased the property as part of a 2015 bond package and would be building a new elementary school.

Since then, workers have been boarding up apartment windows and doors one by one. The large, sprawling campus is eerily quiet all day. At night, it’s very dark.

“I was going to work one day, emptying the garbage, and there be trash all out in the dumpster,” said Vincent Starnes, an apartment resident...

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Five Creeks Ranch in Athens, Texas, offers luxury living in rural setting – Dallas Business Journal

A 1,600-acre ranch located an hour east of Dallas offers potential buyers luxury living in a rural setting.

Five Creeks Ranch, located in Athens, has been put on the market by real estate firm Icon Global Group for $15 million. For that price, buyers can purchase a 3,700-square-foot home with three bedrooms and four bathrooms. Living areas also include a ranch foreman house with three bedrooms and two bathrooms and a guest house with four bedrooms, two full bathrooms and one half bath.

But outdoors is where Five Creeks really shines. The property offers more than 120 acres of water with lakes, ponds and wells. That includes three tilapia and bream raising gravity ponds and access to five creeks.

For horse lovers or those looking to use Five Creeks as a working ranch, there are barns and a ...

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Recent editorials from Texas newspapers

Here are excerpts from recent editorials in Texas newspapers:

San Antonio Express-News. March 26, 2018.

Downtown San Antonio is a jewel, and a recent federal historic designation should help keep it that way.

Here’s the news: The National Park Service has designated downtown as a federal historic district. The district includes more than 200 buildings and properties, including 37 already listed on the National Register of Historic Places.

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Here’s what it means: Properties in the district are eligible for federal tax credits equal to 45 percent of renovation costs...

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North Dallas Bank & Trust Co. Declares Regular Dividend of $0.18 Per Share

DALLAS, March 22, 2018 (GLOBE NEWSWIRE) — On March 20, 2018 the North Dallas Bank & Trust Co. (OTCBB:NODB) Board of Directors declared a regular dividend of $0.18 per share. The dividend is payable to shareholders of record as of April 5, 2018 and will be paid on April 11, 2017.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with current locations in Dallas, Plano, Irving, Addison and Frisco, Texas. The current dividends are based on North Dallas Bank & Trust Co.’s current financial condition and are not a guarantee that dividends will continue to be paid in the future. For further information about North Dallas Bank & Trust Co., contact Glenn Henry, CFO, 972-716-7100.

Source Article

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WATCH: Floor collapses as 100 party in North Texas apartment

DENTON, Texas (KXAN) — The floor of a Denton apartment collapsed over the weekend during a party with around 100 people inside, Dallas NBC affiliate KXAS reported.

Incredibly, only around a dozen people had minor injuries, with some driving themselves to the hospital.

Cell phone video caught the moment the third-floor apartment at The Ridge at North Texas apartments collapsed around 1:47 a.m. on Sunday.

The woman who lives in the apartment below was driving to the police station to report the party when it collapsed. "My door has never shaken before and I knew like at that moment — like I had to leave," Briceida Castro said.

The city’s fire marshal told KXAS the people at the party were jumping up and down when the floor collapsed onto the second floor...

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Dallas-area home prices up 6.7 percent in January

Staff Photographer

Dallas-area home prices were up 6.7 percent in January from a year ago.

That was a fraction ahead of the 6.6 percent nationwide annual home price rise according to CoreLogic.

The biggest gains in home values were for more affordable houses.

“Entry-level homes have been in particularly short supply, leading to more rapid home-price growth compared with more expensive homes,” CoreLogic chief economist Frank Nothaft said in a statement. “Homes with a purchase price less than 75 percent of the local area median had price growth of 9.0 percent during the year ending January 2018.”

CoreLogic analysts said that almost half the U.S. housing markets are considered overvalued...

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Evacuation Order Remains After Gas Leak At Dallas Apartment Complex

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CBS Dallas

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Evacuation Order Remains After Gas Leak At Dallas Apartment Complex – Provided by CBS Dallas Jeff Jamison’s AM Weather Update Jeff Ray’s Weather Forecast CBS Dallas 0:30 CBS Dallas 2:38 CBS Dallas 1:57 CBS Dallas 3:53 CBS Dallas 0:19
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Texas Association of Realtors names Dan Hatfield as Texas Realtor of the Year – Dallas Business Journal

Gigley Real Estate Archives

COMFORT, Texas, Feb. 19, 2018 /PRNewswire-USNewswire/ — The Bandera County Board of Realtors (BCBOR)® is proud to announce Dan Hatfield of Farmers National Company as the 2017 Texas REALTOR® of the Year. Hatfield was honored by the Texas Association of REALTORS® at the statewide association’s annual Winter Meeting on Feb. 12.

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CRE Opinion: Playing the Second Half of this Cycle Like the Super Bowl

Super Bowl LII is done, the Eagles are the champs (ugh), and football is over until next season. I also won my very first fantasy league this year, which was great camaraderie among friends and colleagues! As I look back on the season, what did I learn?

Well, the season had its ups and downs—as always. Most of us in North Texas would have preferred seeing our beloved Cowboys in the big game, but while that didn’t happen, it was a well fought game, nonetheless. What I found amazing was how quickly the game turned. Both teams had strong offenses, and no errors. Then, a hand went out, there’s a fumble, the Eagles gain possession, they launch a field goal, and the game is suddenly unwinnable by New England. How quickly it can all change!

Commercial real estate has a similar rhythm...

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Posh Uptown rowhouses are up for grabs at $5.5 million to $6.5 million a pop

Crescent Real Estate

Uptown has some of North Texas’ priciest real estate.

Office buildings in the area north of downtown Dallas have fetched record high prices.

And most of the new residential units are being constructed in high-rise buildings.

So the chance to buy one of just four super luxury homes a couple of blocks from Klyde Warren Park is likely to attract attention.

The brownstone-inspired row houses were built a decade ago along with the next door Ritz-Carlton Tower Residences. Noted architect Robert A.M. Stern who also did the condo tower and the Ritz-Carlton Hotel designed them.

The 4-story and 5-story Regency Row homes face the new McKinney & Olive tower with its park, restaurant and retail center and office high-rise at Olive and Cedar Springs Road.

Crescent Real Estate – whic...

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