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News
Texas Apartment Distress Fuels Fraud at Industry Summit
3+ week, 5+ day ago (443+ words) Fraud is spreading through Texas’s distressed apartment stock, with special servicers reporting widespread loan fraud among Class C owners, according to The Real Deal. At last week’s Connect CRE Texas Multifamily conference in Dallas, panelists said falsified rent rolls, phony…...
Dallas Apartment Foreclosure Forces Tenants to Relocate
3+ week, 5+ day ago (471+ words) Residents of The Baxter, a 239-unit apartment complex in far northeast Dallas, were told this week they have 30 days to vacate or transfer to a sister property, according to The Dallas Morning News. The ultimatum follows an April foreclosure auction…...