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Cousins Buys Into the Land Under Morgan Stanley’s Uptown Dallas Tower
Benefit Street Lends $117.3M on Three Greystar-Run Texas Apartment Communities
Dallas-Fort Worth Tops the Nation’s Markets to Watch for a Third Straight Year
A Quarter of Texas Floating-Rate Apartment Loans Can’t Cover Their Debt
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Cousins Buys Into the Land Under Morgan Stanley’s Uptown Dallas Tower
Cousins Buys Into the Land Under Morgan Stanley’s Uptown Dallas Tower

Atlanta’s Cousins buys the ground under Morgan Stanley’s future Uptown tower as banks pile into the district.

THE TAKEAWAY

Benefit Street Lends $117.3M on Three Greystar-Run Texas Apartment Communities
Benefit Street Lends $117.3M on Three Greystar-Run Texas Apartment Communities

Benefit Street’s $117.3M refinances 960 Greystar-run units in fast-growing Austin and DFW suburbs.

THE TAKEAWAY

Dallas-Fort Worth Tops the Nation’s Markets to Watch for a Third Straight Year
Dallas-Fort Worth Tops the Nation’s Markets to Watch for a Third Straight Year

Dallas-Fort Worth holds its top ranking for a third year as investors keep targeting Texas even while confidence cools.

THE TAKEAWAY

A Quarter of Texas Floating-Rate Apartment Loans Can’t Cover Their Debt
A Quarter of Texas Floating-Rate Apartment Loans Can’t Cover Their Debt

Texas floating-rate apartment loans are buckling under higher rates, with a quarter unable to cover debt even while current.

THE TAKEAWAY

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