Some Representative Real Estate, Acquisition, Relocation, Property Management and Eminent Domain Support:
Arlington Texas – DFW Advisors was responsible for the acquisition of twenty-two (22) permanent sanitary sewer easements. This process included commercial and residential properties. DFW Advisors contract was for approximately $80,000.
LeBow Channel – Fort Worth, Texas – This project was designed to alleviate flooding in multiple neighborhoods along the LeBow Channel located on the north side of Fort Worth. There were approximately seventy-five (75) properties acquired that were both commercial and residential properties and approximately one hundred and fifty (150) easements. All of the property acquired was in the flood plain. DFWA provided valuation, market comparisons, analysis, appraisal, acquisitions, and eminent domain support services on all parcels. DFWA also provided business and residential relocation assistance. The project cost $553,000.
Noise Mitigation Project - DFW Advisors acquired 1,200 aviation easements and over four hundred (400) residential and thirteen (13) commercial properties during the history of this four (4) year project. DFWA acquired single-family properties and commercial properties, as well as relocated these same type properties. Relocation assistance was provided to owners and tenants. DFWA directly supervised and managed the entire team of real estate agents working as acquisition/relocation agents and property managers. In addition, DFWA handled all security matters, hired and supervised the courtesy patrol personnel and demo coordinators.
Hidden Ridge – Dallas, Texas – DFW Advisors provided the Dallas Housing Authority Real Estate Advisory Services with its acquisition of the Hidden Ridge Apartment units for affordable Housing. DFWA was responsible for market comparisons, analysis, purchase, management, and relocation of one hundred and eighty-five (185) tenants successfully during this project with an estimated cost of $1.1 million. Our firm also assisted in the acquisition and disposition of parcels near Central Expressway and Lemmon Avenue for its affordable housing expansion of the Roseland Homes Project. The total project cost estimated at $2.88 million. DFW Advisors contract was for approximately $337,000.
2002 Bond Program – DFW Advisors (DFWA) provided Real Estate Advisory, Property Management, and Relocation services for DISD’s 2002 Bond Program. This Bond Program, which was $1.25 billion, included advising DISD on real estate matters, property management as a number of commercial and multi-family units were purchased under this program, rent collections, security, maintenance, all other landlord services and the relocation of the tenants and/or homeowners in the properties acquired by DISD.
In the 2002 Bond Program, DFWA had over 3,000 tenants that had to be relocated. The program was successfully completed on time and under budget. DFW Advisors contract was for approximately $2,000,000.
DFWA provided Real Estate Advisory, Property Management, and Relocation services for DISD’s 2008 Bond Program. Duties included analyzing properties, advising DISD on all real estate matters, property management, rent collections, security, maintenance and all other landlord services for approximately 200 properties. DFW Advisors also did the relocation of the tenants and/or homeowners on the properties acquired by DISD. In the 2008 Bond Program DFWA had the duties of relocating and managing 17 properties which were a part of the Jose May II site in west Dallas. DFW Advisors also assisted in the Adamson 002, O.M. Roberts, and Jose May I projects as property manager. DFW Advisors contract was for approximately $2,500,000.
Hatcher Street and Scyene Road – Dallas, Texas - DFW Advisors was able to buy the American Inn, which the city had been trying to close down for about four (4) years; acquisition was performed through Frazier Revitalization Inc. for the City of Dallas; DFWA bought a funeral home, shopping center, freestanding convenience store, hotel/motel and single-family houses for this redevelopment across from the DART Station at Hatcher Street and Scyene Road.
Spring Avenue Redevelopment – Dallas, Texas – DFWA is currently helping the Innercity Community Development Corporation, a Dallas community based non-profit 501c(3), and the City of Dallas acquire fifty-five (55) parcels, and fifty (50) right of way easements in the southern sector eligible for a planned development. Additionally, relocation assistance was provided for eighteen (18) commercial and ten (10) single-family residences within the project using The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA). The estimated budget for the project including relocation is $1.2 million. The estimated budget for DFW Advisors was approximately $200,000.
Irving Independent School District - Irving, Texas – DFW Advisors was the prime consultant for the Irving Independent School District handling the relocation of business tenants from the Park Oaks Plaza office building, an 82,000 square foot building acquired by the school district for its new administration building. The project included providing required notices, condemnation support and relocation advisory services to the business tenants in accordance with local, state and federal guidelines.
Fort Worth, Texas – Property and Program Management for Noise Mitigation at Meacham International Airport. DFW Advisors provided acquisition services to Meacham International Airport on one hundred eighty-seven (187) single-family properties, the relocation of the tenants and homeowners in these properties, and oversight of demolition, land clearance and eminent domain support under an FAA funded program. The project cost was $2,350,000.
SH 190 Expansion – Garland, Texas – DFWA was responsible for Land Acquisition, Relocation Assistance and Property Management Services on the extension of SH190/President George Bush Tollway in Dallas County. We acquired property, provided tenant relocation services and managed two multifamily complexes, 296-units at Lakeway Forest Apartments and 76-units at Windward Condominiums, in preparation for demolition and tollway construction. Cost for the entire project was approximately $28 million. The contract for DFW Advisors was approximately $800,000.
I-35 Redevelopment – Waco, Texas – DFWA in a joint venture with THC Inc. served as the land acquisition consultant for TxDOT in Waco for the redevelopment of I-35 from Highway 6 to Hewitt. Services included property management, project management, public relations, land acquisition, business and residential relocation assistance, title curative, eminent domain coordination, managing title services, appraisals, and appraisal reviews. The I-35 expansion program impacted thirty-five (35) commercial properties and one residential property in a rapidly expanding urban area. Relocation assistance was required on seven (7) businesses, one (1) residence and twelve (12) Outdoor Advertising Signs.
IH-35E – Lewisville, Texas – Land Acquisition and Relocation – DFW Advisors, Ltd. was the prime on a section of the IH-35E voluntary acquisition program that the Strategic Project Division of TXDoT oversaw. DFWA assisted in acquiring over 75 parcels of land and relocating businesses and residents along the IH-35E corridor through Lewisville, Texas. DFW Advisors contract was for approximately $1,500,000.
LBJ Freeway/635 Expansion – Dallas, Texas – DFW Advisors facilitated the acquisition of thirty-six (36) parcels of land, relocation assistance, and eminent domain support in the redevelopment of Interstate 635. Three (3) single-family, twelve (12) multifamily apartments, and eight (8) business tenants were affected in preparation for demolition and highway construction regarding the redevelopment/expansion of Interstate 635. DFWA’s assignment also included the section of Interstate 635 from the Dallas North Tollway to the High Five (Merit Drive) on the North and South side of LBJ of the existing right of way. The estimated cost is $1,800,000.
SH 360 and IH-30 Project - DFW Advisors was the prime for the acquisition and relocation project in Arlington, Texas at and around the intersection of State Highway 360 and Interstate Highway 30. The project includes over 170 parcels that must be acquired. DFW Advisors is also handling all relocation on this project. DFW Advisors contract was for approximately $1,800,000.
Dallas, Texas - DFW Advisors Ltd Co. completed a general relocation plan and real estate advisory services for the Deaf Action Center of Dallas Texas. We identified thirty-three tenants residing in the apartment building and relocated them to several surrounding apartment communities. Deaf Action Center’s existing building was in such disrepair that it was scheduled for demolition upon the fast pace closing of the construction financing for a new multi-family structure.
The process and plan required the use of some special need facilities and hearing-impaired interpreters. It also required some hearing-impaired options for the relocatees. The financing included multifamily bonds, tax credits, grants, and permanent financing. DFW Advisors was advised that Tax Credits were not considered Federal Funds, therefore we designed a relocation plan that was similar to requirements set forth in the Federal Uniform Relocation Act.
This plan was approved by the City of Dallas and TDHCA. DFW Advisors worked closely with the City of Dallas and Deaf Action Center to expedite the process. The goal of the overall relocation plan was to minimize financial exposure to the non-profit and the City of Dallas while locating suitable, safe, and decent apartments for the relocates. DFW Advisors contract was for approximately $60,000.
DFW Advisors was responsible for Real Estate Advisory Services which included the Acquisition of fifty-six (56) temporary construction easements and twenty-two (22) permanent sanitary sewer easements on residential and commercial parcels in Grand Prairie, Duncanville and Cedar Hill for the purpose of rehabilitating or replacing existing sanitary sewer lines. The estimated cost on this project was $108,000.
- Albertsons Food Stores
- Beal Development Ltd.
- Carmax Auto Superstores, Inc.
- Carnival Food Stores
- City of Arlington, Texas
- City of Dallas, Texas
- City of Fort Worth, Texas
- City of Grapevine, Texas
- Dallas/Fort Worth International Airport
- Dallas Housing Authority (DHA)
- Dallas Independent School District (DISD)
- Deaf Action Center (DAC)
- Dudley Realty LLC
- East Dallas Community Organization (EDCO)
- Federal Aviation Administration (FAA)
- Fort Worth Meacham International Airport
- Frazier Revitalization Inc.
- Highland Village Development
- Ideal Neighborhood Redevelopment Corporation
- Innercity Community Development Corporation (ICDC)
- Irving Independent School District
- Lakewest Revitalization Foundation
- Minyard Food Stores
- Mobil Land Development
- North Central Texas Council of Governments (NCTCOG)
- North Texas Tollway Authority (NTTA)
- Save-A-Lot Food Stores
- Stonebridge Ranch Development
- Terrabrook and Newland Communities
- Texas Department of Transportation (TxDOT)
- The Association of Central Oklahoma Governments (ACOG)
- Trinity River Authority (TRA)
- U.S. Department of Housing and Urban Development