BY ALESHIA HOWE
May 04, 2009
As commercial real estate professionals struggle to cope with the current market, several local companies are re-adjusting and tacking on new or expanded services.
In the last three months, several local brokerage houses – both big and small – as well as developers have launched new services or campaigns to try to nab more market share.
For example, Fort Worth’s Innovative Developers Inc. launched a new marketing campaign touting its consulting services, which includes everything from strategic and financial planning to asset and construction management and leasing services – all services the company has provided in informal and formal capacities, but is now rolling into a new marketing effort.
Full Story
Thursday, May 21, 2009
Tarrant property assessments up 4.6%
By ANTHONY SPANGLER May. 15, 2009
FORT WORTH _ Taxable property values rose 4.6 percent in Tarrant County in 2008, according to preliminary figures released Friday by the Tarrant Appraisal District.
The individual residential and business property assessments are used to determine the amount of property taxes they will pay to cities, schools and other government entities. Each government entity sets tax rates that are applied to the appraised values to determine the tax bills.
About 129,000 homeowners saw their values increase, while another 128,000 received notices that their values dropped. A breakdown of commercial properties was not immediately available.
Real estate appraisers say valuations are rising in high-end neighborhoods, while decreases are occurring in more modest sub-divisions where foreclosures are higher.
Full Story
FORT WORTH _ Taxable property values rose 4.6 percent in Tarrant County in 2008, according to preliminary figures released Friday by the Tarrant Appraisal District.
The individual residential and business property assessments are used to determine the amount of property taxes they will pay to cities, schools and other government entities. Each government entity sets tax rates that are applied to the appraised values to determine the tax bills.
About 129,000 homeowners saw their values increase, while another 128,000 received notices that their values dropped. A breakdown of commercial properties was not immediately available.
Real estate appraisers say valuations are rising in high-end neighborhoods, while decreases are occurring in more modest sub-divisions where foreclosures are higher.
Full Story
Tuesday, October 28, 2008
Mansfield restaurants may have to enclose smoking areas
Lighting up in Mansfield could soon get a lot harder.
The growing city is considering changing its smoking ordinance for restaurants.
This push, if it happens, could be expensive.
The changes would mean restaurants would have to follow the lead of one restaurant, No Frills Grill and Sports Bar.
If you turn right at the establishment, you will likely enjoy a casual, smoke-free dinner with your family.
Go left, and you're on the more adult side.
Full Story WFAA
The growing city is considering changing its smoking ordinance for restaurants.
This push, if it happens, could be expensive.
The changes would mean restaurants would have to follow the lead of one restaurant, No Frills Grill and Sports Bar.
If you turn right at the establishment, you will likely enjoy a casual, smoke-free dinner with your family.
Go left, and you're on the more adult side.
Full Story WFAA
Intruder shot at Arlington residence
ARLINGTON — A home invasion suspect was shot and killed late Monday night after he and another masked man burst into a house in the 900 block of Carthage Way.
Arlington police said one of three adults inside the residence opened fire on the intruders. The suspect was dead before police arrived.
The second suspect — wearing blue jeans, a white sweater and purple gloves — fled the scene.
Full Story - WFAA
Arlington police said one of three adults inside the residence opened fire on the intruders. The suspect was dead before police arrived.
The second suspect — wearing blue jeans, a white sweater and purple gloves — fled the scene.
Full Story - WFAA
Dallas Home Prices Drop
slide in U.S. home prices gained speed in August.
And home prices in the Dallas-Fort Worth area dipped lower as well.
Home prices fell by a record 16.6 percent in Standard & Poor's/Case-Shiller's monthly housing report.
In the D-FW area, prices fell 2.7 percent in August from a year ago in the benchmark home survey.
Out of the 20 markets Case-Shiller tracks, "13 of them had their annual returns worsen from last month's report," S&P's David M. Blitzer said in the survey. "As seen throughout 2008, the Sun Belt markets are being hit the most."
None of the cities Case-Shiller follows had an increase in home prices from last year.
The sharpest declines were in Las Vegas and Phoenix down more than 30 percent.
The D-FW area had the smallest home price decline of all the cities in the report. But the annual dip in home values here grew slightly from July to August.
Full Story DallasNews.com
And home prices in the Dallas-Fort Worth area dipped lower as well.
Home prices fell by a record 16.6 percent in Standard & Poor's/Case-Shiller's monthly housing report.
In the D-FW area, prices fell 2.7 percent in August from a year ago in the benchmark home survey.
Out of the 20 markets Case-Shiller tracks, "13 of them had their annual returns worsen from last month's report," S&P's David M. Blitzer said in the survey. "As seen throughout 2008, the Sun Belt markets are being hit the most."
None of the cities Case-Shiller follows had an increase in home prices from last year.
The sharpest declines were in Las Vegas and Phoenix down more than 30 percent.
The D-FW area had the smallest home price decline of all the cities in the report. But the annual dip in home values here grew slightly from July to August.
Full Story DallasNews.com
Thursday, October 16, 2008
Six Flags takes heat from residents over proposed sale of beer
Oct. 15, 2008
By ANDREA AHLES
Theme-park rides and alcohol do not mix, several local residents testified at a public hearing regarding Six Flags’ application to sell beer at its Arlington parks."It is a children’s park," Terry Wilson of Grapevine said. "It is not an adult park for drinking."
A dozen people testified at the public portion of the hearing in Fort Worth before state Administrative Law Judge Tanya Cooper, who also heard from Arlington Mayor Robert Cluck during the evidentiary part of the hearing. Six Flags will present its case today.
DK
UT-Arlington increases income level
ARLINGTON, Texas (Map, News) - Starting in January, the University of Texas at Arlington is increasing the income cap up to $65,000 for families of undergraduates to get free tuition in its two-year-old Maverick Promise program, officials said.
The program had a $40,000 cap this fall and expects to add 120 to 125 students to the estimated 550 who receive Maverick Promise grants, the Fort Worth Star-Telegram reported Wednesday in its online edition.
The announcement of a $25,000 cap increase comes less than a month after Texas A&M University said it was offering free tuition for middle income families. In order to be eligible for free tuition, families of Texas A&M freshmen must have incomes of $60,000 or less, up from the limit of $40,000 in another program.
UT Arlington officials said they had been considering widening the coverage of the financial aid program for some time.
DK
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