Olympic Property Partners, which just closed its acquisition of the iconic 1401 Elm Street in Dallas, is set to embark on a massive development of the aging property. The company is planning to convert the bulk of the 52-story building into apartments, with a small office component and ground-floor retail, and hopes the project will jump-start the revival of the city’s downtown. The building, which occupies an entire city block, lends itself well to a residential conversion given its high ratio of windows to floor area. “One of the things that appealed to me was the beauty of the layout....
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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