Business

Mark Allen was one of the Presenters in the webinar: Texas Multifamily Deep Dive

See details here: https://www.bisnow.com/webinar/dallas-ft-worth/texas-multifamily-deep-dive-5487?modal=login

Mark Allen CCIM Joins NMHC Political Action Committee

Colliers-Backed Harrison Street Raises $1.3 Billion for New Fund

Harrison Street, an investment firm that buys and sells education, health-care and storage properties, raised $1.3 billion for its seventh U.S. opportunistic real estate fund. The firm exceeded its original $950 million target for the fund and raised an additional $302.5 million in co-investment vehicles, lifting its expected buying capacity to about $4 billion including […]

Breaking it down: This is how the new Texas property tax law affects you

After years of trying, state lawmakers passed a biggie. A property tax bill that fixes some major flaws in the system. Senate Bill 2, the Texas Property Tax Reform and Transparency Act of 2019, is 153 pages long. It’s now a law, but it’s also a cliché of sorts: The law won’t lower your taxes but it will slow their growth.

Billionare Sam Zell remains bullish on Multifamily Investmenting

Next on Sixth, in the Koreatown neighborhood of Los Angeles (Costar).According to MarketWatch reports, the always outspoken Sam Zell is raising equity at record levels. I had the privilege of meeting him when he spoke in Austin, after selling his 23,000-unit residential portfolio to Barry Sternlicht’s Starwood Capital Group for nearly $5.4 billion. Since then […]

Allen Multifamily Team “Build To Rent” Platform Closes in Forest Hill TX

“A rendering of the proposed development that includes 54 townhomes in Forest Hill. COURTESY”   FOREST HILL Star Telegram ELIZABETH CAMPBELL Construction is underway to build 54 luxury townhomes in Forest Hill, south of Interstate 20. The Peak Group of North Richland Hills is building the 54 luxury townhomes between 7320 and 7330 Forest Hill […]