Hines has acquired the 1,476-acre Brown Ranch in western Fort Worth, Texas, for a master-planned community expected to contain approximately 3,800 homes at full buildout. The land purchase is complete, according to the developer’s October 5 announcement, but the...
Planned Community Developers has closed on 120 acres in Pearland, Texas, clearing a major ownership hurdle for The Orchard, a mixed-use district planned to contain roughly 1,100 apartments and 100 additional higher-density homes. The developer announced the closing...
A Dallas real estate investor who prosecutors said promised investors first-position liens on residential properties while repeatedly failing to provide those protections has been sentenced to 188 months in federal prison. Charles Carrier, 67, was also ordered to pay...
Texas has put a statewide brake on new data center approvals, a move with implications for land, development, utilities and communities across one of the country’s most active real estate markets. Gov. Greg Abbott on Sept. 21 directed the Texas Commission on...
Bow River Capital has financed its acquisition of a 456-unit apartment community in Northlake, Texas, with a $53.9 million Fannie Mae loan, adding another data point to the divide between multifamily properties that can still attract agency capital and assets...