Exploring Fort Worth’s Real Estate Growth with Northern Crain Realty Podcast
Two real estate veterans reveal how Fort Worth transformed from an oil boom town into a thriving urban market
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Key takeaways
Two real estate veterans reveal how Fort Worth transformed from an oil boom town into a thriving urban market
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In this episode of Location3, a Weaver: Beyond the Numbers podcast, Howard Altshuler and Aaron Grisz delve into the dynamic world of Fort Worth real estate with guests Will Northern and Michael Crain from Northern Crain Realty. They discuss the evolution of the Fort Worth area, the impact of real estate development on the community, and share insights into the future of the city’s landscape.
Key Points:
• Urban drilling during the Barnett Shale boom led to complex real estate transactions and contentious land assemblages in Tarrant County.
• Tax Increment Financing (TIF) helped revitalize Fort Worth's older buildings, contributing to the city's development and preserving its historic character.
• Northern Crain Realty's expanded services include commercial brokerage and property management.
This episode provides an insightful exploration of Fort Worth’s real estate sector, highlighting the experiences of Northern Crain Realty. The discussion sheds light on various aspects of real estate development, including the balance between residential, commercial, and property management, and how these facets contribute to the city’s development and community enrichment.
“It’s not easy to be a real estate developer whatsoever," Northern remarks. "There’s a lot of elements at play.”
There's a lot of elements at play.
“You have to really figure out what is your passion… It’s not just about being involved because you’re always looking for business,” Crain adds.
You have to really figure out what is your passion… It’s not just about being involved because you’re always looking for business.
— Michael Crain
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