Daily Texas Property Tax News

Texas Property Tax Law Updates 12/14/2023

Posted by John Brusniak | Dec 14, 2023 | 0 Comments

Beleaguered Houston REIT Sells Another Dallas Office Building Amid Bankruptcy Proceedings
A Dallas-based investor will pay $12.5M for Westway One at 1707 Market Place Blvd. in Irving. The 170K SF building was most recently valued at $20.6M. “I believe that the debtor is unlikely to receive a higher or better offer, the purchase agreement represents the best offer obtainable at this time and under current market conditions,” Hartman SPE President David Wheeler said in a bankruptcy court filing.

About the Author

John Brusniak

John Brusniak is the dean of Texas property tax litigation.  He was licensed to practice law in 1976,   His early career involved general litigation and appellate work in both the federal and state courts until he was handed his first property tax matter.  It arose prior to the implementatio...


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