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CRE Briefs: Mega Multifamily Project Headed to The Cedars

CRE Briefs: Mega Multifamily Project Headed to The Cedars
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All the Rich Californians Are Coming to Dallas

All the Rich Californians Are Coming to Dallas Very probably. Certainly maybe. A special investigation into the migratory patterns of hedge fund managers and the sale of one particular Preston Hollow mansion. By Laura Kostelny Published in D Magazine March 2021 Photo Illustration via Natalie Goff Have you heard the good news? All the rich people in California are relocating to Dallas! A lot of rich New Yorkers are moving here, too. A recent New York Post headline: “Inside the Luxury Apartments Luring New Yorkers to Dallas.” Never mind that it was a one-source story quoting only a real estate agent selling downtown’s Hall Arts Residences. The fact remains: an indeterminate number of New Yorkers are being lured. As for the Californians? Look at the headline of this story!

H-E-B s Stephen Butt shares the grocer s new plans, discusses mask and Texas freeze challenges

H-E-B’s Stephen Butt shares the grocer’s new plans, discusses mask and Texas freeze challenges The Texas staple is still planning an eventual expansion into Dallas. Until then, shoppers will have to be satisfied with updates on Central Market stores in Preston Hollow, Uptown and Oak Cliff. Stephen Butt, president of H-E-B s Dallas-based Central Market division, spoke Friday with The Dallas Morning News at the company s rebuilt store from the October 2019 tornadoes in Dallas.(Lola Gomez / Staff Photographer) Stephen Butt, president of Central Market, sat down Friday with The Dallas Morning News for an interview about a broad range of topics.

Judge Finds $15M Texas Project Suit Should Be Tossed

ADVERTISEMENT ADVERTISEMENT Judge Finds $15M Texas Project Suit Should Be Tossed Law360 (March 3, 2021, 7:34 PM EST) A Texas magistrate judge recommended the dismissal of a Dallas finance company s suit accusing an Austin, Texas, suburb of misleading it into providing $15 million to revive a failing real estate project, saying the financier s allegations don t support a wrongful takings claim. In a report filed Tuesday, U.S. Magistrate Judge Susan Hightower urged U.S. District Judge Lee Yeakel to throw out Preston Hollow Capital LLC s suit against the city of Hutto and city development entity Cottonwood Development Corp. Judge Hightower said Preston Hollow failed to show how the actions of the city and Cottonwood Development constituted a takings claim under the.

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