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Praedium acquires Texas multifamily property

The Praedium Group, a real estate investment firm, has acquired North Arlington, Texas-based Arlington Commons, a multi-family community. No financial terms were disclosed.


NEW YORK, Jan. 7, 2019 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, today announced the acquisition of Arlington Commons in North Arlington, TX. Peter Calatozzo, Managing Director of The Praedium Group, made the announcement of the investment firm’s most recent acquisition.

Constructed in 2018, Arlington Commons consists of a 4-story elevatored building with an attached structured parking garage, 10′-12′ ceilings, and views of the adjacent Rolling Hills Country Club golf course, Downtown Fort Worth, and Downtown Dallas...

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Dallas is failing to build enough affordable housing and decent, working people are hurting

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There’s a sweet, somewhat obscure holiday movie, It Happened on Fifth Avenue, that’s worth watching any time of year...

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How To Find A Good Babysitter In Texas

When you hire a babysitter, you are hiring someone to protect the well-being of your child. That is a lot of responsibility. You need to be sure that you can trust the person that you hire and that they are responsible enough to keep your child safe and happy while you are away. There are a lot of great babysitters located all throughout Texas. With a little bit of searching, you should be able to find one that is available when you need them and that has incredible childcare skills.

One of the best ways to find a babysitter is by talking to people that you know. Personal referrals are ideal because you know that you can trust the word of the person who is recommending a particular babysitter...

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How to Install Wainscoting: A DIY Project With Major Results


If you’re looking to jazz up your walls, here’s a handy guide on how to install wainscoting—a fine alternative to a new paint job or an expensive redesign.

Wainscoting is the term for decorative wood paneling that lines the lower portion of interior walls. You can use wainscoting in just about any room, whether it’s to make a drab dining room pop, improve the look of a hallway, or create a classy study or library. There are multiple styles at varying price points, so there’s plenty of flexibility.

One word of caution: Installing wainscoting isn’t a DIY task for total beginners. Richard McMurray at DFW Crown Moulding in Fort Worth, TX, says that “unexpected things” can crop up, and that you may need expensive tools for the project...

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Kentucky private NPOs applying for physical damage disaster loans face June 11 deadline from SBA

The U.S. Small Business Administration is reminding eligible private nonprofit organizations in Kentucky of the June 11 deadline to submit disaster loan applications for physical damages caused by a severe storm, flooding, landslides and mudslides that occurred between Feb. 9-14, 2018.

Private nonprofit organizations located in the following counties are eligible to apply: Bell, Breathitt, Clay, Estill, Floyd, Harlan, Johnson, Knott, Knox, Lawrence, Lee, Leslie, Letcher, Magoffin, Martin, Metcalfe, Owsley, Perry, Pike, Powell, Whitley and Wolfe in Kentucky.

Certain private nonprofit organizations that do not provide critical services of a governmental nature may be eligible to apply for low-interest rate disaster loans...

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Hunt Mortgage Group Finances the Acquisition of Student Housing Property Located in Waco, Texas

NEW YORK, April 30, 2018 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided a first mortgage bridge loan in the amount of $9.1 million to enable the acquisition of a student housing property located in Waco, Texas.

The loan was provided to California Private Capital Group, LLC to finance the acquisition and complete the lease-up of West Campus Lofts, a 72-unit/180-bed student housing complex. The loan is structured as a 24-month floating rate loan with three options to extend the loan term for a period of 12 months each.

Located at 805 South 8th Street, the property consists of two, three and four-story apartment buildings and a single story leasing office situated on a 3.162-acre site...

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This is how much you need to make an hour to afford a 2-bedroom rental in Central Texas

Looking to rent a two-bedroom apartment in Waco? How about Killeen or Temple? You’re going to need to make at least $15.60 per hour in Waco and $15.17 per hour in Killeen-Temple to afford it, according to a new report from the National Low Income Housing Coalition.

The coalition’s Out of Reach 2017 report looked at the gap between renters’ wages and the cost of rental housing. The study defines affordability as spending no more than 30 percent of your gross income on rent.

Housing wages, or what a renter would need to earn hourly to afford housing, varied widely across Texas. While you need to make at least $19.83 per hour to afford a two-bedroom in Dallas, renters in Austin-Round Rock would have to make $22.98 per hour, Fort Worth- Arlington $18...

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Lockheed Martin, South Korea celebrate delivery of F-35 in Fort Worth – Dallas Business Journal

Considering its neighbor to the north, South Korea needs a strong military, a point reinforced as the first F-35 for the nation was unveiled.

At an event showcasing the Republic of Korea’s first F-35A Lighting II aircraft built by Lockheed Martin, politicians laid out just how close the country’s capital is to the border.

"The Republic of Korea is roughly the size of the state of Indiana," said U.S. Rep. Marc Veasey of TX-33. "The distance from Seoul to the (Demilitarized Zone) on the 38th parallel is the distance between Fort Worth and Denton."

The Republic of Korea will now be able to train its pilots to fly the F-35 aircraft after Wednesday’s event which had leadership from Lockheed Martin Corp. (NYSE: LMT), the U.S...

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Greystone Real Estate Advisors Closes $22 Million Sale of Fort Worth, TX Age-Restricted Seniors Housing Community

NEW YORK, Jan. 27, 2016 (GLOBE NEWSWIRE) — Greystone, a real estate lending, investment and advisory company, today announced its Real Estate Advisors group has closed the sale of MirAvanti at Ridgmar in Fort Worth, TX, for $22 million. The Carlyle Group with Greystar purchased the seniors housing property.

MirAvanti at Ridgmar is a newly constructed 101-unit age-restricted independent living community in an affluent submarket of Fort Worth, TX. The units are some of the largest in the area averaging 1,436 square feet. The 10-acre property features a variety of upscale amenities including a resort-style swimming pool; hot tub and cabana; fitness center; lounge and bar; a library; game room; and fully-equipped workshop.

“Carlyle and Greystar handled the transaction in a very effective and p...

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Transactions & Financings: Greystone, Integral Senior Living

Greystone Closes Sales of Three Separate Senior Living Properties

Greystone Real Estate Advisors has announced its role in the sales of three senior living communities in Oklahoma, Texas and Illinois.

The firm recently arranged the sale of Storey Oaks of Tulsa, a 38-unit/66-bed memory care community in Tulsa, Oklahoma; Wood Glen Court, a 72-unit/78-bed assisted living community in Spring, Texas; and The Springs of Vernon Hills, a 70-unit/70-bed memory care community in Vernon Hills, Illinois.

Cody Tremper and Mike Garbers of Greystone advised the seller in each of the separate transactions.

Solvere Senior Living Assumes Management of Six More Communities

Solvere Senior Living has assumed management of three independent living communities near Dallas and another three close to Detroit.


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