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    KKR Real Estate Finance originates $602.5M of loans in May

    KKR Real Estate Finance Trust (NYSE:KREF) closes on two floating-rate senior loans totaling $602.5M, resulting in Q2 originations of $785.1M across three senior loans. YTD, KREF has originated five senior loans totaling $999.1M. One of the loans originated in May is a $386.0M loan secured by 857 units across two multifamily properties in Brooklyn, NY; carries a coupon of LIBOR + 2.7% and has appraised loan-to-value of ~52% The second loan is a $216.5M loan secured by a 1,070-unit, three-property class-A multifamily portfolio in Atlanta; Birmingham, AL; and Fort Worth, TX; carries a coupon of LIBOR +3.5% and an appraised LTV of ~74%. Source Article

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    5. Dallas-Fort Worth-Arlington, TX

    Percentage of millennials that are married: 38.0 percentMillennial population: 1,610,861Homeownership among married millennials: 53.3 percentPercentage of married millennial households with kids: 73.0 percentMedian income of married millennial households: $78,702 The Dallas-Fort Worth metro area is one of the major economic hubs in Texas. Due to its high concentration of technology firms, this region is often referred to as Silicon Prairie or the Telecom Corridor. Tourism is another popular industry in Dallas-Fort Worth, which is great news for both employment prospects and finding things to do. Residents can visit art galleries, state fairs, and major sporting events. At 1,610,861, Dallas has the highest millennial population of all metropolitan areas on this…

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    US$51+ million of equipment sold in Ritchie Bros.’ latest Fort Worth, TX auction

    Two-day auction attracts 5,900+ bidders from 56 countries; approx. 64% of equipment sold online FORT WORTH, TX , May 16, 2019 /CNW/ – More than 3,900 equipment items and trucks were sold for US$51+ million in Ritchie Bros .’ latest Fort Worth, TX auction, held this week. More than 5,900 people from 56 countries registered to bid in the May 14 – 15, 2019 auction. Approximately 89 percent of the items in the auction were purchased by U.S. buyers, including 43 percent purchased by buyers from Texas . International buyers from such countries as Fiji , Japan , and the Ukraine purchased 11 percent of the equipment. Online buyers purchased…

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    In-Flight Crew Connections to Exhibit at the Upcoming NBAA Flight Attendants and Maintenance Conference in Fort Worth, Texas

    CHARLOTTE, N.C., May 2, 2019 /PRNewswire-PRWeb/ — In-Flight Crew Connections (IFCC), a leading staffing agency in the corporate aviation industry, announced today that they will exhibit at the upcoming 2019 NBAA Flight Attendants and Maintenance Conference being held at the Fort Worth Convention Center in Fort Worth, TX. All attendees and flight departments are invited to come by booth number 1017 to meet with IFCC executives and learn more about customized staffing solutions. Attendees may also enter for a chance to win a $250 Visa gift card. About In-Flight Crew Connections In-Flight Crew Connections, a global leader since 2002 provides aviation industry staffing solutions for owners and operators of business…

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    Public housing in Fort Worth is taking on a new look

    One of the new units at Hunter Plaza in downtown Fort Worth. Fort Worth Housing Authority Handout It has been five years since an infestation of bedbugs took over Hunter Plaza, forcing the high-rise’s closure and sending 200-plus elderly and public housing residents to find a new place to live. Now Hunter Plaza, which sits on a piece of prime real estate in downtown Fort Worth, is undergoing a $29 million makeover that will transform the 11-story building into a mix of public housing and regular rental units for the Fort Worth Housing Authority. Of the 114 one-bedroom and 50 two-bedroom apartments, only 25 will be public housing; the other…

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    Home Value for 8844 Pedernales Trl

    Property Overview – 8844 Pedernales Trl, Fort Worth, TX 76118 is a single family home built in 1988. The $216,800 estimated value is 13.28% less than the median listing price of $250,000 for the River Trails area. According to the Fort Worth public records, the property at 8844 Pedernales Trl, Fort Worth, TX 76118 has approximately 1,755 square feet, 3 beds and 2 baths with a lot size of 5,798 square feet. Nearby schools include River Trails Elementary School, Hurst J High School and Bell High School. Comparable nearby homes for sale include 9141 Autumn Falls Dr, 7025 Latham Dr and 8628 San Joaquin Trl. 8844 Pedernales Trl is likely…

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    TPG Real Estate Closes Third Fund at Nearly $4 Billion

    TPG Real Estate has offices in New York City, San Francisco and London. SAN FRANCISCO—TPG Real Estate Partners reports it has closed its TPG Real Estate Partners III fund at more than $3.7 billion. Want to continue reading?Become a Free ALM Digital Reader. Once you are an ALM digital member, you’ll receive: Unlimited access to GlobeSt and other free ALM publications Access to 15 years of GlobeSt archives Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications 5 free articles across the ALM subscription network every 30 days Exclusive discounts on ALM events and publications Source Article

  • Apartment

    Spacious Traditional-Style Home For Sale In Fort Worth

    7017 Sanctuary Heights Rd, Fort Worth, TX 76132 (realtor.com) FORT WORTH, TX — A basketball court, geometric swimming pool, and and huge outdoor entertainment area are just some of the features included in this stunning 6,686 square foot home for sale in Fort Worth. The home was built in 2006. Learn more about the listing below. Price: $1,749,000 Square Feet: 6,686 Bedrooms: 5 Bathrooms: 6 full and 3 half baths Features: Stunning Mira Vista traditional on a private, oversized corner lot. Featuring a functional layout, wood floors & exquisite finishes. First floor master retreat w coffee bar, mini fridge, doors to patio, adjoining fitness room & utility. Gourmet kitchen opens…

  • Business

    Man hacks Texas couple’s security camera, asks Alexa to play ‘Despacito’

    FORT WORTH, Texas – A Texas couple lying in bed last month was startled to hear a stranger’s voice in their apartment, asking their Amazon Alexa device to play a Justin Bieber song, the Fort Worth Star-Telegram reported. “It was just a voice, out of the blue,” Audrey Coleman of Fort Worth told WFAA. “He said, ‘Alexa, play “Despacito.”’” Her husband, Hunter Coleman, ran into the living room and saw that nobody was inside their apartment. But he discovered that someone was speaking to them and watching them through the Nest security camera that faces their apartment’s front door, the Star-Tribune reported. “The (security) camera was all lit up red,…

  • Business

    Magnificent Mediterranean Property For Sale In Fort Worth

    FORT WORTH, TX — An entryway plucked from a Hollywood film, media room, and outdoor entertainment area perfect for parties are just some of the features included in this beautiful Mediterranean-style home near Benbrook Lake. The home is on sale for $1.5 million and was built in 2005. Learn more about the listing below. Price: $1,524,000 Square Feet: 6,852 Bedrooms: 6 Bathrooms: 7 full and 1 half baths Features: Stunning Mediterranean in the 24 hr guarded gated Mira Vista golf community with expansive views of Fort Worth & 18th fairway. Built by Sean Knight Custom Homes. Granite & wood floors through main level. Attention to detail for every comfort and…