Why Toll Brothers is launching a $1.9B national apartment-building spree in DFW - Dallas Business Journal

With three luxury rental communities totaling 1,053 units under development across Dallas-Fort Worth, Toll Brothers Apartment Living is bullish on North Texas.

The projects are the first three joint ventures under a new strategic relationship for the two companies. In the interview that follows, Toll Brother Apartment Living President Charles Elliott and Tommy Rhodus, regional director of Development & Acquisitions for Texas, focus on the North Texas apartment market.It depends on the size of the deals. We haven't identified every deal for the venture at this point. You could say an average deal is going to be somewhere between $75 million and $125 million, so $1.9 billion goes pretty far.

We also have a site in Frisco Town Center we're calling Remy. Frisco Town Center has been an important neighborhood for us. We typically look for town centers with walkability. This is our suburban infill site. Certainly everybody's concerned about the possibility of a recession in our near future. And if you're looking at rents this week, this month, we're going through a seasonal downturn.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Health care disrupter ShiftKey rises to top of SMU's Dallas 100 - Dallas Business JournalShiftKey is a platform that is disrupting the way health care facilities typically find licensed and certified professionals to fill available shifts.
Herkunft: DallasBizNews - 🏆 525. / 51 Weiterlesen »

Dallas corporate marketers – let’s take relationship marketing to the next level - Dallas Business JournalDallas corporate marketers – let’s take relationship marketing to the next level (Sponsored by One Floor Up)
Herkunft: DallasBizNews - 🏆 525. / 51 Weiterlesen »

Neighborly acquires junk removal service Junk King - Dallas Business JournalThe junk removal company said it works to keep 60% of its collected materials out of landfills through repurposing and recycling.
Herkunft: DallasBizNews - 🏆 525. / 51 Weiterlesen »