Our versatile performance allows us to go beyond current comps and incoming inventory and cast a far better overview of the subject asset, resulting in substantial return on investments.
By capitalizing on today’s extremely favorable market conditions, Beckley Morris has over the last couple of years secured and sold over 12 acres of prime development land for residential and commercial use mainly in transitional neighborhoods of infill Dallas ripe for high end townhouse and boutique apartment development. We were able to read the market both on the buy side and the sell side of of this project and maximize returns without taking necessary risks. We are now positioned to take advance of the next cycle as the dust settles in the near future.
The site was perfectly located between Microsoft and Nokia headquarters, highlighting the concept's position as a hotel catering to business travelers. We sourced the ideal property according to the client’s stringent specifications in Las Colinas’ white hot hotel market with no DCURD, a mandatory tax assessment which if applied would have invalidated the business case for expansion. This was Nylo’s first entry into Texas market.
UPTOWN F&B PROPERTY
Beckley Morris arranged the sale of a prime uptown property located within the vibrant South Uptown submarket, positioned at the epicenter of Dallas’ urban core between Pearl Realty Holdings, seller, and World Class Capital, an Austin based commercial real estate investment firm with several holdings in the Dallas market including KPMG building in Downtown Dallas. World Class Capital was able to win this property due to their knowledge of the market and liquidity which allowed them to beat other interested parties and close in a quick transaction.