ATX Acquisitions

Dallas is leading Texas' economy.

Dallas Business Journal's article says it all: Dallas attracts excellence.

📈 "Firms are relocating to Texas from higher-cost states in droves. There are nearly 89 active relocations and expansions of organizations in Texas, according to Texas Economic Development. Industry leaders such as JP Morgan Chase, Citigroup, Goldman Sachs, Deloitte, Liberty Mutual, Charles Schwab and Toyota have relocated their headquarters to Dallas or significantly expanded their operations in recent years."

We are thrilled to invest in Dallas - we believe the city will continue to lead markets.

Are you investing in Dallas?

Comment below or DM the team at ATX Acquisitions to learn how today! ⤵️

Team Update!

Ian Renkes joined the team at ATX Acquisitions and Resprop Managment this month.

- Ian is originally from Wyoming but has lived in almost every part of the country since high school.
- Ian is a graduate of College where he studied Political Economy and Financial Management.
- Prior to joining the team, Ian worked as a distribution analyst at Placemakr.

He's a self-starter and we're glad to have him on the team.

Ian, welcome aboard!

Recent news highlights that even top property owners are facing potential default despite their creditworthiness. Big names like Brookfield and Blackstone have found themselves in challenging situations, with increasing delinquency rates and loans being sent to special servicing. It seems the current market conditions are proving tough for everyone, regardless of their reputation and financial standing.

For instance: The rising cost of replacing interest rate hedges is another key concern in the market. To give you a sense of the scale, a 3-year cap at 3% for a $100M loan cost $23K in 2020, but today, a one-year extension costs a staggering $2.3M. But our prudent strategy has kept us resilient in the face of these steep increases.

But here's the good news: At ATX Acquisitions, we've been strategic and cautious with our investments over the past few years, and this approach is paying off. Unlike these major players, we've not been aggressively acquiring assets, which means we're not facing the same pressures or potential pitfalls they are.

Top Property Owners Are Creditworthy—They Might Default Anyway Powerful investors such as Brookfield Asset Management are starting to cut their losing real estate bets to protect returns.

Our hotel, the historic Hotel Ella, was featured as one of Austin's coolest boutique hotels.

The Coolest Boutique Hotels in Austin, From Retro-Chic Properties to Glamorous Estates Austin's boutique hotels are full of the city's signature touches, from on-site food trucks to great live music.