Charles Carrier, 67, president of a Dallas, Texas, real estate investment firm, was sentenced to 188 months in federal prison and ordered to pay $24.4 million in restitution after prosecutors said he took money from more than 80 investors on liens he never recorded.
Texas new-home sales dropped to 5,658 in August and pending sales fell 10.7% from a year earlier, HomesUSA.com reported Sept. 21, while days on market improved for a fourth straight month and average prices held near $424,000.
U.S. home sales fell to their lowest level in nearly two years in July, with San Antonio, Dallas and Seattle posting the steepest declines even as West Palm Beach and San Francisco saw sales grow, Redfin found.
H&R REIT has agreed to sell 27 Sunbelt and New York properties to GO Residential REIT and split its remaining assets among Blackstone Real Estate and other partners in a $6.7 billion transaction expected to close in the fourth quarter of 2026.
CBRE research shows data center vacancy at record lows in Northern Virginia, Atlanta and Dallas-Fort Worth, with power delivery and permitting delays now the binding constraint on new supply.
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