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CRE Briefs: Luxury Development Breaks Ground in Fast-Growing DFW Neighborhood


CRE Briefs: Luxury Development Breaks Ground in Fast-Growing DFW Neighborhood
Plus CBRE reports that multifamily net absorptions see a slight uptick, JPI joins WayMaker Partners Venture, Transwestern hires former CBRE Group COO, and more.
The statistics of homebuying in Collin County continue to impress. Median home prices have increased 13.4 percent in the first quarter, home inventory for sale is at a record low, and the average day on the market is fewer than 36 days. City officials in Anna and the team at Dallas developer Centurion American broke ground on The Villages at Hurricane Creek, a sought-after new development that has brought the first water and sewage west of I-75 in that town. Mayor Nate Pike signaled that this was a landmark development for the fast-growing town north of Dallas. ....

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