CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
Multifamily developer Wood Partners has broken ground on Alta Timberline, a 204-unit luxury community in the Houston suburb of Tomball, Texas. Alta Timberline encompasses seven three-story buildings featuring a mix of one-, two- and three-bedroom layouts, plus...
An El Paso certified public accountant who assisted real estate businesses in Texas and New Mexico was sentenced to 33 months in prison for wire fraud. According to court documents, Carol Talamantes stole $603,738.96 from her clients between Oct. 20, 2020, and Oct....
A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
The Real Brokerage Inc. (NASDAQ: REAX) has announced that Bachman Realty Group, a 65-agent team serving the Dallas–Fort Worth and Houston metros, has joined its network. Founded in 2019 and led by Tiffany and Greg Bachman, the team closed 650 transactions last year...