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Commercial Real Estate in DFW - Rentals and Leases
Highland Village has been the site of a number of local controversies, including the extension of FM2499 to FM2181 in Corinth, Texas—long planned by TxDOT—and approval of development of one parcel within the city's retail district which will include a Wal-Mart as the anchor tenant. There have been a number of inquiries as to new commercial real estate growth in the Highland Village area.
At the same time that the Wal-Mart development was being hotly debated, a development on the opposite side of FM2499, with a larger anchor—and offered by its developer to Wal-Mart, but not identified as such—was accepted without opposition. One highly visible activist, Paul LeBon, lost a $725,000 libel and slander lawsuit filed by former councilman Gary Kloepper.In a recent story, local newspaper The News Connection reported that Duncan Duvall, owner of the Double Tree Ranch in Highland Village, had been arrested in connection with certain less than savory practices. No matter what your commercial real estate needs in Highland Village, our realtors and agents are here to help.
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Caps are percentage restrictions on an ARM which limit the amount the interest rate may change per year and over the life of the loan.
The carry-cost rule is used by banks to evaluate borrowers for loans. It gives the maximum percentage of a borrower's income that the bank will find acceptable to carry the loan and related housing costs. This rule is used in conjunction with the debt/equity ratio.