Posted on

French-Inspired Estate Is A Must-Visit In Dallas

DALLAS, TX — A large ornate kitchen, media room, and spacious outdoor entertainment are just a few of the features packed into this huge, 8,204 square foot home that hit the market Thursday. The home was built in 2008 and is going for $3.3 million. Learn more about the listing below.

Price: $3,380,000 Square Feet: 8,204 Bedrooms: 5 Bathrooms: 5 full and 2 half baths Built: 2008 Features: Fabulous French inspired custom estate on .75 acres with mature trees and spectacular grounds. Electronic iron gate entry to the driveway and 3 car garage. Floor plan is meticulously arranged for entertaining and family living. Hand-scraped hardwood flooring throughout. Large kitchen offers two sinks, double oven, SS appliances and 6 burner gas stove & grill. Formal Study, wet bar with adjacent chilled wine cellar, 8 seat Media Room down. Huge Game room & kitchenette, exercise, and craft bonus rooms upstairs. Outdoor covered living area and grill has electronic phantom screens and vistas of the back yard, large pool and spa. Floored attic provides abundant storage. Home is Elevator ready.

This listing originally appeared on realtor.com. For more information and photos, click here.

Source Article

Posted on

Dallas Lines Up Developers To Help Create Affordable Housing, But It Will Still Be A Tough Slog

Want to get a jump-start on upcoming deals? Meet the major Dallas-Fort Worth players at one of our upcoming events!

Dallas has a steep shortage of affordable and workforce housing, and there is no consensus about whether the city’s latest efforts — including this week tapping 12 private developers as potential partners in the creation of affordable housing — will put a dent in the problem.

According to the city, there is a 20,000-unit shortage of affordable homes and apartments, and market-rate housing is being built twice as fast as housing for low-income residents.

"Every unit of housing that came online in Dallas in 2017, for instance, was upscale and luxury," CitySquare CEO Larry James said. "The combination of increasing production, material and labor costs has resulted in a market that isn’t friendly to affordable and workforce housing."

The adverse economics of affordable housing helps account for the fact that such housing is in short supply even in a nonunion, business-friendly place like Texas, just as much as in California or New York.

"While there’s a huge demand for affordable and workforce housing in the city, I suspect that whatever is being produced is outside the city limits of Dallas," James said. "It’s a real challenge for us all."

City of Dallas Assistant Director of Housing & Neighborhood Revitalization Maureen Milligan is more optimistic about the outlook for affordable and workforce housing in Dallas.

"We’re cautiously optimistic," Milligan said. "The comprehensive housing policy represents a great stride. It removes a lot [of] uncertainty about the city’s affordable housing policy."

The city is in the process of awarding $20M in federal and city funds to create housing, some of which will target workforce housing, Milligan said.

The partnership program is also intended to boost housing stock. When (and if) selected for a particular project, one of the 12 partner companies will work with the Dallas Housing Authority to redevelop one of seven of its properties that encompass 650 housing units, or on another affordable housing project.

"The Dallas Housing Authority is seeking proposals from private sector partners to redevelop affordable housing, which is a very positive step forward," The Michaels Organization Regional Vice President of Development Joe Weatherly said.

"Between the low-income housing tax credit and HUD’s Rental Assistance Demonstration program, now is a good time for the authority to be working with private sector partners to transform their vision for affordable housing into reality."

The Michaels Organization is one of the 12 developers named as a potential partner. The selection process began last summer, when the city kicked off efforts to expand its existing affordable housing stock after the Dallas City Council’s enactment of a comprehensive housing policy.

The other developers are Amtex Multi-Housing, Carleton Development, Fairfield Residential, Matthews Southwest, McCormack Baron Salazar, Ojala Partners, Steele Properties, The NRP Group, Trammell Crow, Volunteers of America National Services and the combined team of DFW Advisors, KRR Construction and Michael R. Coker Co.

The first project DHA is redeveloping will be the former Brooks Manor site in Oak Cliff/District 1, a former assisted living property. The agency is seeking to redevelop the property to include both market-rate and subsidized rental housing. As yet, none of the developers has been selected for the project.

The developer selected for Brooks Manor will also have an opportunity to redevelop the Cliff Manor site, which is also in Oak Cliff/District 1. Cliff Manor is fully occupied, meaning the residents (seniors and persons with disabilities) will be relocated prior to redevelopment.

Opportunity zones might also eventually be a tool to create affordable housing.

"There are 17 such zones in Dallas County, and this program can be used to create housing as well as other needed infrastructure," Weatherly said.

Source Article

Posted on

Dallas Housing Authority taps a dozen property firms for redevelopment plans

DMN files

Play Video

Play

Loaded: 0%

Progress: 0%

Remaining Time -0:00

This is a modal window.

Foreground — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Opaque

Background — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Window — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400%

Text Edge Style None Raised Depressed Uniform Dropshadow

Font Family Default Monospace Serif Proportional Serif Monospace Sans-Serif Proportional Sans-Serif Casual Script Small Caps

Defaults Done

Dallas’ public housing agency has selected a dozen real estate companies to help redevelop some of its aging properties.

In June the Dallas Housing Authority said it was seeking proposals from developers to come up with new uses for seven of its properties spread around town.

The properties – mostly in Southern and Central Dallas – total 146 acres and now have 650 housing units.

The housing authority said the initial group of firms it will work with on proposals to redevelop the properties include AMTEX Multi-Housing, Carleton Development, Fairfield Residential, Matthews Southwest, McCormack Baron Salazar, Michaels Development Co., Ojala Partners, Steele Properties, The NRP Group, Trammell Crow Co., Volunteers of America National Services and the combined team of DFW Advisors, KRR Construction and Michael R. Coker Co.

"We appreciate the willingness of these leading developers to form a public-private partnership to create more affordable housing across North Texas," Troy Broussard, president and chief executive officer for Dallas Housing Authority, said in a statement. "Our goal is to increase the amount of much needed affordable housing across the communities we serve.

"We look forward to working with this network of premier developers to generate fresh ideas for accomplishing this goal," he said. "We can deliver better housing solutions by working together."

The housing agency said additional developers will be vetted and added to the roster of private sector partners.

Dallas Housing Authority has not selected which developers will handle individual projects yet.

But the agency said the first site it plans to rebuild will be the almost 7-acre the former Brooks Manor site at 630 S. Llewellyn St. in Oak Cliff. The vacant property is zoned for retirement housing.

The company that is picked to develop the Brooks Manor site will also have an opportunity to redevelop the Cliff Manor property at 2424 Fort Worth Avenue in Oak Cliff, the housing agency said.

"I am pleased to see that the Brooks Manor and Cliff Manor public housing communities will be redeveloped by DHA with both market and subsidized rental housing so that these properties can better serve the community," Scott Griggs, City of Dallas Councilman for the district, said in a statement. "As we continue to address poverty across our great city, ensuring our citizens have access to safe, decent affordable housing is key."

Also on the housing authority’s list for new development are prime prosperities in Dallas’ Uptown and Oak Lawn neighborhoods.

That includes the Little Mexico Village community on Harry Hines Boulevard in Uptown and the Cedar Springs Place apartments between Maple Avenue and Cedar Springs Road in Oak Lawn.

The Dallas Housing Authority last summer said it is hoping to parlay the funds generated by its redevelopment strategy to build more much-needed affordable housing.

"We have identified several land holdings we have control of that are part of our five-year plan for redevelopment," Broussard said when he announced the program in June. "Some of it may not be an outright sale.

"Some of it might be partnership where we are a co-developer."

The cadre of property firms the Dallas Housing Authority has put on its list includes several major North Texas apartment and mixed-use development firms.

Carleton Development, Fairfield Residential, Matthews Southwest and Trammell Crow Co. are best know for their multi-family housing and redevelopment projects.

DHA execs have warned that it may take a while to kick off the redevelopments, because of federal approval processes, meetings with the community and financing.

The agency owns nearly 3,900 public housing units in total as part of its housing program.

Source Article

Posted on

Giant Game Room, Movie Theater Featured In Dallas Home

DALLAS, TX — If you’re a family that loves to swim, watch movies, and thrown elaborate parties, this 7,115 square foot home in North Dallas is perfect for you. The property was built in 2015 and sits in the Preston Hollow community. Learn more about the listing below.

Price: $2,449,000 Square Feet: 7,115 Bedrooms: 5 Bathrooms: 5 full and 3 half baths Features: This home offers the finest of quality craftsmanship, superior amenities & attention to detail. The beautiful floor plan is perfect for entertaining. Spacious master down with fireplace and a great master bath. Upstairs you will find a 2nd master, 3 additional beds, a great playroom and media room. Oversized covered patio with outdoor kitchen & fireplace, and sparkling pool make for a perfect backyard escape. Welcome Home.

This listing originally appeared on realtor.com. For more information and photos, click here.

Source Article

Posted on

Large Outdoor Entertainment Space Featured In North Dallas Home

DALLAS, TX — If you enjoy throwing parties, this stunning home in North Dallas has an outdoor space with a fire pit, pizza oven, and fountain that are worth checking out. The home was built in 1999 and has been on the market for less than five days. Learn more about it below.

Price: $1,495,000 Square Feet: 6,176 Bedrooms: 5 Bathrooms: 4 full and 1 half baths Built: 1999 Features: Fabulous Rosewood built home in the heart of Preston Hollow. Impressive backyard entertaining setup including fire pit that can be converted into drink chiller, kitchen with pizza oven, and a gorgeous self cleaning spa with calming water feature. Master, study, and guest bedroom downstairs with soaring ceilings and stunning entry. Open floor plan with well-designed kitchen including a circular granite island, stainless appliances, and wine cooler, opening to living area and breakfast area. Wonderful family home with lovely set up inside and outside for entertaining.

This listing originally appeared on realtor.com. For more information and photos, click here.

Source Article

Posted on

Top Austin developer Endeavor Real Estate eyes Uptown Dallas project

Play Video

Play

Loaded: 0%

Progress: 0%

Remaining Time -0:00

This is a modal window.

Foreground — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Opaque

Background — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Window — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400%

Text Edge Style None Raised Depressed Uniform Dropshadow

Font Family Default Monospace Serif Proportional Serif Monospace Sans-Serif Proportional Sans-Serif Casual Script Small Caps

Defaults Done

Austin’s top commercial property company firm has planted its flag in Dallas with an Uptown purchase.

Endeavor Real Estate Group, whose projects include the hugely successful Domain mixed-use development in north Austin, has quietly bought a development site on McKinney Avenue.

The half-block at Boll Street and McKinney is occupied by several small buildings, and it’s smack in the middle of a neighborhood that’s seeing more high-rise construction.

Endeavor managing principal Jamil Alam said it’s too early to talk about details of what the developer plans for the prime Uptown tract.

"We haven’t yet firmed up plans or timing for that property," Alam said in an email.

Endeavor is just the latest developer to recently acquire an Uptown building site.

A few blocks away, on Maple Avenue near Cedar Springs Road, another Central Texas developer — Kairoi Residential — just bought a 1-acre site across from the Crescent to build a high-rise.

Endeavor is the largest full-service commercial real estate firm in the Austin area, handling retail, office, industrial, mixed-use and multifamily projects.

The company has been in business since 1999 and has played a role in reshaping the Austin skyline.

Along with the Domain, its notable projects include the Offices at Braker campus and downtown Austin’s Chase Tower, IBC Bank Plaza and the Bowie apartment, office and retail tower.

Endeavor Real Estate developed the 36-story Bowie mixed-use tower in downtown Austin.

Source Article

Posted on

Dallas investor splashes into Houston apartment market

Nicholas Residential has added six Houston-area apartment complexes to its portfolio.

The Dallas-based company acquired 100 percent of the shares of LSREF3 Bravo REIT (Harris), the company announced. The deal establishes a Houston presence for Nicholas Residential, which now owns 2,115 apartment units totaling nearly 1.7 million square feet in the local market.

“The acquisition of LSREF3 Bravo REIT (Harris) represents the careful, deliberate execution of our acquisition strategy: identifying undervalued assets in desirable neighborhoods with strong employment growth and prospects for future development,” Nicholas Residential CEO Paul Panza said in an announcement.

The apartments, which are being renamed to reflect the company’s Bellevue Realty Management brand, are: Chelsea Park, 11000 Crescent Moon Drive in northwest Houston; Riviera Pines, 555 Normandy in east Houston; Sky Hawk, 17231 Blackhawk Blvd. in Friendswood; Country Club Place, 1111 Golfview Drive in Richmond; South Grand at Pecan Grove, 2400 Old S Drive in Richmond; and Veridian, 695 Pineloch Drive in Webster.

Cushman & Wakefield represented Nicholas Residential in the deal. The seller was Hudson Advisors.

Nicholas Residential plans renovations to the units for current and future residents. Amenities at the complexes include clubhouses with coffee bars, updated swimming pools with outdoor kitchens, business centers, dog parks, fitness centers, game rooms and covered parking.

Houston’s strong job growth, with 128,600 positions added over the last 12 months, contributed to a 30 percent rise in apartment sales transactions over the past year, according to commercial real estate firm Marcus & Millichap.

The region’s low apartment vacancy of 6.2 percent and rising rents are also draws to investors. Houston-area apartment rents rose 6.9 percent year-over-year to $1,104 per month in the third quarter.

In another deal, global investment firm Investcorp recently expanded its Houston holdings with the purchase of three apartment properties totaling 1,392 units. The locations were not disclosed.

Privately held Nicholas Residential invests alongside institutional and private clients in affordable apartment communities across the southwest. The company’s portfolio totals 5,000 units across 14 apartment properties in Houston, Mesquite, Plano, Dallas, Fort Worth, San Antonio and Tulsa.

katherine.feser@chron.com

twitter.com/kfeser

Source Article

Posted on

What’s your favorite Dallas Cowboys Thanksgiving memory?

ARLINGTON, TX – NOVEMBER 27: A fan holds a Thanksgiving Day sign during the game between the Philadelphia Eagles and the Dallas Cowboys at AT&T Stadium on November 27, 2014 in Arlington, Texas. (Photo by Ronald Martinez/Getty Images)

As cliché as it sounds, this really is the most wonderful time of the year.

The holidays are upon us, playoffs are not out of the question for the Cowboys, and tomorrow it’s going to be totally acceptable to eat as much food as humanly possible. That’s the dream.

There is a lot to be thankful for, especially around here at Blogging The Boys. We have one of the more rabid and passionate group of people across the internet (a fairly large space) and together we are a family of sorts. This week’s holiday is special for us.

Thanksgiving is special because the Dallas Cowboys play. They always play. While everyone has their own personal traditions for this week, maybe it’s what you eat or who’s house you gather at, but we all share one common denominator: The Dallas Cowboys.

Here’s why the Dallas Cowboys play on Thanksgiving every year

There are things we disagree about when it comes to football or decisions made by the Cowboys, but one thing that we’re all on the same page with is that we want them to win. For whatever reason, that sentiment feels larger on a day like Thanksgiving.

What are your favorite Thanksgiving memories with the Cowboys, BTB? Is it something personal like a tradition you’ve kept up? Was one Thanksgiving game more memorable than another for whatever reason? Let’s gather around the campfire and share with our fellow friends.

Happy Thanksgiving, BTB. Thanks for making this place so wonderful.

Source Article

Posted on

Winter menus cozy up this edition of Dallas restaurant news

Queso in an ironstone pan is so cozy. Eureka

Dallas restaurants have the seasonal thing going on right now, with cozy menus — butternut squash and chili and wintry things. There’s also news of openings, brunches, and dishes to share.

Here’s what’s happening at Dallas restaurants right now:

B. Frank & Relish has opened at The Boardwalk at Granite Park, the center at 121 and the Dallas North Tollway in Plano. This new, "fine casual" is centered around a wood-fired grill with a menu featuring local Rosewood Wagyu steak, seafood, and vegetables. Guests are greeted with a complimentary mason jar of pickles, which are also available for take-away. The menu offers dishes to share, including wings and hummus with baba ghanoush, olives, feta, and naan. Salads range from a wedge to a salad with greens and cashews grilled to 650 degrees. Entrées include a West Coast-style pastrami brined for eight days, slow-cooked for four hours, and steamed for five hours. There’s hanger steak, fried chicken, and a foot-long Wagyu beef hot dog. The bar features whiskey, wine, cocktails, 20 wines on tap, beers on tap, and saké on tap. Much on tap.

Vitality Bowls, which specializes in açaí bowls – a thick blend of the antioxidant-rich açaí berry, topped with a variety of superfoods – will open its café in Preston Hollow Village on November 29. It’s the first for local entrepreneur Todd Stein, who plans to open two additional cafés in the Dallas area. Located at 7865 Firefall Way, this is the ninth Vitality Bowls café in Texas and joins 63 locations nationwide.

Original ChopShop opens its third DFW restaurant in University Park at 6401 Hillcrest Ave. on November 16. A local favorite in its home market of Phoenix since 2013, Original ChopShop opened its first DFW restaurant in Las Colinas in April, followed by its second in Plano at The Shops at Legacy. Another is planned for Preston Road in Plano in 2019. University Park is the company’s 10th location.

White Rock Coffee, the revered coffee shop and roaster in East Dallas, has opened its fourth location at 5930 Royal Ln., in a former Subway shop at Preston and Royal. Founders Nancy and Robert Baker were trailblazers on the local coffee scene when they opened their first location 13 years ago, at 10105 Northwest Hwy., at the corner of Ferndale — predating an entire third wave of indie coffee shops that have opened around DFW.

Schlotzsky’s Austin Eatery is opening a new location in West Love Field (2337 W Mockingbird #100 Dallas, TX 75235) on November 13. This opening is part of Schlotzsky’s recently unveiled “Austin Eatery” concept, which features a brand new look and feel, a variety of new menu additions and an out of the ordinary guest experience. Schlotzsky’s® is a fast-casual restaurant franchise that started in 1971 and is home to The Original® oven-baked sandwich. Originally from Texas, the brand’s made-to-order menu options are deeply rooted in Austin’s bold flavors and fresh ingredients – all inspired by the popular food truck scene. All 350 restaurants are serving delicious hot sandwiches on sourdough buns baked fresh each day, Macs, Artisan flatbreads, specialty pizzas and fresh salads.

Snooze an A.M. Eatery, the buzzy breakfast chain, has released its first-ever seasonal holiday menu, featuring steak, pancakes, and new brunch cocktails including an apple cider with sour apple liqueur, and a hot chocolate with tequila, coffee liqueur, and peppermint schnapps. There are pancakes topped with peppermint marshmallow, ginger snaps, and crushed peppermint; and steak medallions with poached egg and grilled asparagus atop sweet potato hash. A new "Like a Feather" menu has six "healthy" options including avocado toast, porridge, and a protein punch bowl.

Modern Market Eatery has a new winter menu with sweet and savory items. The pearl sugar saffle is a Liège-style Belgium waffle. Truffled artichoke pizza has cream sauce, roasted artichoke heart, roasted garlic, 3 cheese blend, black truffle oil, grana padano, and green onion. Honey balsamic Brussels sprouts have honey, balsamic, and smoky walnut bits.

Public School, the California-based chain with locations in Uptown Dallas and Addison, just released a new class of menu items to their happy hour menu that includes queso fundido, made with chorizo, mozzarella, Manchego, and smoked paprika; popcorn shrimp with Thai chili sauce; a Reuben sandwich; and mushroom flatbread with mozzarella, truffle goat cheese, and arugula.

Fleming’s Prime Steakhouse & Wine Bar at 7250 North Dallas Pkwy. in Plano is now open for lunch, Monday-Friday from 11:30 am-2:30 pm. The menu includes tower tacos, Cobb salad, crab burger, filet mignon wedge, California power bowl, filet mignon sandwich, California burger, salads, and sandwiches. The menu also features a legacy lunch that includes an 8-ounce filet mignon, roasted chicken, blackened salmon, and pork chop.

BurgerFi, the gourmet burger chain from Florida, has a decadent new limited-time only burger: the steakhouse bleu burger featuring double Angus patties, Danish bleu cheese, bacon, onion marmalade, and steak sauce. $1 from each burger will go back to St. Jude Children’s Research Hospital.

Slater’s 50/50, the over-the-top burger concept with Dallas locations in Lower Greenville and Preston Forest, has brought back the Thanksgiving Burger, a turkey patty with brioche stuffing, turkey gravy, cranberry sauce, and garlic and sage aioli, on a honey wheat bun. It’s $15 and available through November 30.

Eatzi’s Market & Bakery has a new pizza special, available Fridays from 4-9 pm. You can get an ultra-thin pizza such as chicken spinach & artichoke or three cheese, for $12.

Hide, the restaurant-bar in Deep Ellum, has a new brunch menu Saturday-Sunday 11 am-5 pm. Dishes include cinnamon pull-apart bread with cream cheese icing; fig and prosciutto toast; pimento fritters; griddled banana Bread; spicy chicken bowl with fried chicken, scrambled eggs, and smashed tots; Belgian-style cornmeal waffles; a fried chicken sandwich; and vegan rice porridge. There are also 15 brunch-specific cocktails such as cold brewed coffee with Irish whiskey and cream.

Pinstack, the bowling and eating destination, has a new menu of specials available through November. There’s loaded baked potato soup; fried turkey & dressing bites with sage brown gravy; butternut squash ravioli with sage brown butter sauce; jalapeño popper cauliflower pizza with cream cheese, jalapeños, and bacon; the Impossible Burger with blue cheese and caramelized onion relish; and an apple cranberry cobbler of the month.

Eureka, the California gastropub with a location in Uptown Dallas, has added new dishes to its menu. Mushroom toast has a mushroom medley, goat cheese, lemon zest, arugula, and balsamic glaze. There’s a smoky beer chili, and a hemp bowl topped with a fried egg, quinoa black rice medley, spicy chickpeas, mushrooms, sweet potatoes, kale, broccolini, avocado, pickled onions, almonds, hemp seeds, and sunflower crema. That is a heck of a bowl. Fish ‘n’ chips features beer-battered white fish, fries, furikake, and tartar sauce.

Taco Cabana has shareable specials for the holiday including potato skins topped with ground beef, queso, jalapenos, and pico de gallo; tortilla soup served with rice and flour tortillas; a trio sampler with one quesadilla, chicken flautas, chipsm queso, and guacamole; and nachos topped with refried beans, ground beef, queso, and guacamole.

Bowen House, the cozy Uptown bar, has a new menu of snacks and drinks for the fall. There’s smoked trout dip, shrimp curry stir fry with red coconut curry, fennel apple salad with haricot vert and chickpea, and turkey chili. Cocktails are very eggy: One called All My Ex’s (should be called All My Exes, but let’s not digress) has whiskey, butternut squash, a whole egg, and angostura. The Night Cap has rum, coconut cream, vanilla, brown sugar, and another whole egg.

Source Article

Posted on

UTD expanding its real estate program with $3 million Weitzman gift

UTD

Play Video

Play

Loaded: 0%

Progress: 0%

Remaining Time -0:00

This is a modal window.

Foreground — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Opaque

Background — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Window — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400%

Text Edge Style None Raised Depressed Uniform Dropshadow

Font Family Default Monospace Serif Proportional Serif Monospace Sans-Serif Proportional Sans-Serif Casual Script Small Caps

Defaults Done

The University of Texas at Dallas is expanding its real estate program thanks to a major gift.

Dallas real estate legend Herbert Weitzman and his wife, Donna, are donating $3 million to the school to provide scholarships to undergraduate finance and business administration students pursuing a career in real estate.

Weitzman, who has worked in the Dallas real estate business for almost 60 years, is the founder of the Weitzman real estate firm, one of the area’s top commercial property companies, and one of the largest retail real estate companies in the state.

"The mentoring programs at universities are so important," Weitzman said. "One of my goals with the real estate school is to really teach these students to be entrepreneurial.

"I’m such a supporter of bringing in young people out of college," he said. "That’s one of our purposes with being a partner with UT Dallas. I think there is a phenomenal opportunity here."

Weitzman’s gift is to UTD’s Naveen Jindal School of Management, the largest of the university’s eight schools with a fall 2018 enrollment of about 9,260.

"With a generous gift of $3 million we are going to create an endowment," said the management school dean Hasan Pirkul. "This is a big legacy gift. This gift will make it possible for us to make our school a center of real estate at least for Texas."

Pirkul said UTD currently has about 700 alums working in real estate.

"Real estate is a huge economic driver," Pirkul said. "One of the first things I wanted to do here when I became dean was create a real estate program. We have a wonderful program in place, and it’s going to get better with this announcement."

Weitzman said he chose UTD for the gift after considering several educational opportunities.

"This university is a phenomenal asset to the city, and it was the right fit," Weitzman said. "It’s the right location at the right time with the right people leading it."

Source Article