"The Dallas-Fort Worth metro area recorded the most multifamily transactions in the nation in 2020, with a total of 146 deals closed...After DFW, Atlanta and New York City rank the highest in the total number of local multifamily deals completed over the past decade..."
"Texas Gov. Greg Abbott announced Tuesday that the state will allow all businesses in Texas to reopen at 100% capacity next week, ending nearly a year of emergency restrictions and occupancy limits across the state."
SPI in The Dallas Morning News – Mockingbird Lane apartments will get their mojo back as murals return
"The new owners of a Dallas rental community on Mockingbird Lane plan to restore one of its most iconic features. Dallas-based Strategic Property Investment Advisory just bought the 449-unit 5 Mockingbird Apartments near U.S. Highway 75..."
"The Texas Alcoholic Beverage Commission approved rules Aug. 25 intended to make it easier for bars to legally operate as restaurants during the Covid-19 pandemic. The state agency greatly expanded rules that had already offered a limited lifeline for some bars to temporarily reclassify themselves and generate a sliver of sales during the coronavirus crisis. The goal is to provide more ways for businesses to qualify as restaurants under Gov. Greg Abbott's executive order GA-28, which prohibits bars from reopening but allows restaurants to remain open at 50% capacity."
Gov. Greg Abbott halts elective surgeries in big metros, pauses further reopenings as Texas’ coronavirus cases spike
"Gov. Greg Abbott, a day after a key coronavirus metric he’s been watching hit “red flag” territory, again has moved to conserve hospital beds by halting elective surgeries. He also announced Thursday that he’s pausing any further reopening of businesses and other public activities until Texas can “corral” a recent surge in COVID-19 infections...Unlike the March order, though, the one he issued on Thursday didn’t apply statewide, just to Dallas, Harris, Travis and Bexar counties."
"Gov. Greg Abbott announced Wednesday that nearly all businesses may increase their capacity to 50% amid the novel coronavirus’ outbreak, with even larger crowds allowed by the end of the month...Amusement parks and carnivals may also reopen at limited capacity in counties with less than 1,000 confirmed COVID-19 cases, and starting June 19 may also operate at 50% capacity in the remaining counties that have more cases."
"Gov. Greg Abbott said Monday that he will let the state's stay-at-home order expire Thursday as scheduled and allow businesses to begin reopening in phases the next day, the latest ramp-up in his push to restart the Texas economy amid the coronavirus pandemic."
"It appears that Amazon (NASDAQ: AMZN) might be opening yet another fulfillment center in Dallas-Fort Worth, according to multiple reports. Recent plans submitted to the Texas Department of Licensing and Regulation describe an unnamed tenant that would be taking a 1 million-square-foot warehouse in Irving near DFW International Airport...According to a report by the Dallas Morning News, some local real estate brokers have said that Amazon is looking at the property along with a similarly sized building in Fort Worth."
"Dallas and Houston's economic stability are projected to be somewhat of an anomaly in the U.S. over the next several years, even as much of the world's economic growth slows, according to research firm Oxford Economics."
"Charles Schwab is moving its corporate headquarters to Westlake, Texas, after the brokerage firm merges its business operations with TD Ameritrade. San Francisco-based Charles Schwab announced on Monday an agreement to buy TD Ameritrade in an all-stock transaction valued at $26B."