Total leasing for the year fell short of 2019 levels, thanks to the pandemic. A surge in North Texas apartment leasing during the final months of 2020 was good news for rental landlords. But reductions in rent — however slight — didn’t make for much merriment at the end of the year. Net apartment rentals in Dallas-Fort Worth totaled 4,455 units during the final three months of 2020. “Leasing...

Social media posts show water cascading out of units flooded by broken fire sprinkler system and other pipes. As Texans deal with days of freezing weather and power outages, apartment owners and residents have been particularly hard-hit. Social media posts show water cascading out of Dallas apartments flooded by broken pipes. In many cases, fire sprinkler systems in the ceilings froze, then burst to send...

High Street Residential, a subsidiary of Dallas-based Trammell Crow, has kicked off construction of a 370-unit multifamily development in Allen. High Street announced the plans for the apartments, called The Montgomery, this week, and the project is being developed in partnership with Principal Real Estate Investors. Construction is expected to be completed by the end of 2022. The five-story building will...