Aerospace Giant Seeks State Incentives for Plant for Long-Range Assault Aircraft Originally posted by Candace Carlisle, CoStar News Aerospace manufacturer Bell Textron is considering a site in its North Texas hometown for a new $429 million advanced factory, the company said in a request for state incentives. The manufacturer is applying for a 10-year reduction […]

Public Buyers Bought More and Private Sellers Divested More Hotels Than on Average Before 2020 Originally posted by Jan Freitag, CoStar News In 2023, some $23 billion of hotel assets changed hands, around half of the total transaction value of the prior year. Of transactions over $100 million, a larger than usual share was bought

Decision To Trim Costs Comes on Heels of What CEO Calls ‘Disruptive Year’ for Financial Services Originally posted by Candace Carlisle, CoStar News National bank Comerica plans to close 27 of its U.S. banking locations spanning four states as well as lay off about 250 employees as it gets ready for what executives call an

Expansion Gives Walmart the Largest Drone-Delivery Footprint of Any US Retailer Originally posted by Candace Carlisle, CoStar News Retail giant Walmart is expanding its drone deliveries the Dallas-Fort Worth area by expanding the service to up to 75% of the region’s population, serving more households by drone than any other U.S. retailer in a move

Mass Production Won’t Start Until 2025, Reports Say Originally posted by Parimal M. Rohit, CoStar News A South Korean company that committed to the largest single foreign investment in the United States with a semiconductor plant proposed for Central Texas has reportedly delayed plans for when mass production will kick into gear at the site.

Constellation Real Estate Partners To Transform Fuel Terminal Originally posted by Candace Carlisle, CoStar News An industrial developer with deep roots in Texas is beginning work on its first speculative industrial park in the Dallas-Fort Worth region — in a move it hopes to replicate in the future. Constellation Real Estate Partners, a real estate

Plaza of the Americas, Last Valued at $95 Million, Sells to New York Investor Originally posted by Candace Carlisle, CoStar News A downtown Dallas office property has sold to a New York-based real estate investor in what is being called the largest deal so far this year in the Dallas-Fort Worth region. Plaza of the

Institutional Capital Backs Development of More Than 2,100 Apartments Originally posted by Mark Heschmeyer, CoStar News WNC, a major affordable housing investment firm, closed two institutional Low-Income Housing Tax Credit funds totaling $350 million in equity. Equity from the funds will be used to construct and rehabilitate more than 2,100 affordable housing units across 29

Nonresidential Lending Slows As About $885 Billion in Bank Loan Maturities Loom Originally posted by Chad Littell, CoStar News The top 25 banks by assets hold 31% of all commercial real estate loans on bank balance sheets. But in 2016, the growth of commercial real estate loans at large banks began to slow. The combination