Why the Mitchells sold the builder but kept the land platform
Why this matters
Land continues to behave as the highest-conviction long-duration bet in CRE. In supply-constrained luxury markets, replacement-cost-positive entitlements remain scarce; in growth-corridor exurbs, sponsors with patient capital are accumulating positions ahead of the next residential or industrial pipeline. Dallas-Fort Worth continues to absorb the largest multifamily delivery pipeline in the country. Industrial along the I-35 corridor is clearing at competitive basis, and selective office is finding bids at deep discounts to replacement. The trade is a basis call, not an income call, and continues to attract family-office and high-net-worth capital that can hold through the cycle.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 33rd Dallas story tracked on the wire in October 2026. All Dallas coverage →
- One of 15 land stories tracked on the wire in October 2026. All Land coverage →
Computed from Real Estate Trail’s own tracked coverage
Century Communities bought scale in Dallas-Fort Worth while Jabez and ONM Living stayed with the family
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