Office space, spec deals and strategy: Q&A with Rosewood Property President Rick Perdue
Last week, Dallas-based real estate investment company Rosewood Property Co. announced a new lease at its iconic Rosewood Court in Uptown. Law firm Frost Brown Todd will be consolidating two of its offices into a single floor at the building. The lease is more good news for the company, which experienced few hiccups during shelter-in place. Rosewood’s portfolio includes office, industrial, self-storage and multifamily property across the U.S. Moving forward, Rick Perdue, Rosewood’s president, said there will be more opportunities in nearly all of these asset classes, especially in Dallas-Fort Worth.
ROSEWOOD COURT WELCOMES FROST BROWN TODD
Rosewood Property Company today announced that Frost Brown Todd (FBT) law firm has consolidated two of its Dallas locations and will now occupy a floor at Rosewood Court in Uptown. “We are thrilled to have one of the top law firms in Mid-America join Rosewood Court,” said Rick Perdue, president of Rosewood Property Company. “As a Class AA property, Rosewood Court provides the stellar amenities and excellent office environment that FBT needs to collaborate and best support their lawyers, staff and clients on a daily basis.”
Executive Perspectives: Rick Perdue Companies that adapt to change during crises will continue to thrive, says the president of Rosewood Property Co
Real estate veteran Rick Perdue was named president of Rosewood Property Co. in 2019 after a career that involved the development, acquisition, disposition, and conversion of thousands of apartment homes valued at more than $1 billion
Rosewood Ranches Partners with the Fort Worth Food + Wine Festival and Local Restaurants to Celebrate First Responders and Healthcare Workers
Rosewood Ranches and the Fort Worth Food + Wine Festival partnered with several well-known Fort Worth restaurants to feed more than 2,000 local first responders and healthcare workers.
MEGATEL HOMES MOVES HEADQUARTERS TO ROSEWOOD COURT
Rosewood Property Company today announced that Megatel Homes is moving its headquarters to Rosewood Court in Uptown. “We are excited to welcome the premier homebuilder, Megatel Homes, to Rosewood Court,” said Rick Perdue, president of Rosewood Property Company. “The family-owned company is a great addition to Rosewood Court’s impressive roster of clients, and it will benefit from the exceptional office environment and prestigious address.”
Rosewood Property Co. CEO: Limited Leverage, Right Assets Are Coronavirus Hedging Tools
It has been a year since Rick Perdue took the reins at Rosewood Property Co. as CEO. He could never have predicted then the situation he would be steering the Dallas-based company through now, but he said the investment decisions Rosewood has made along the way should position it well during this downturn. “It all starts with leverage,” Perdue said. “We have been incredibly conservative and judicious [when it comes to] our leverage. We are at less than 50% leverage across our portfolios.
Rosewood Ranches and the Caroline Rose Hunt Family Team up with Dallas Restaurants and the Mavs to Donate Meals to Local Hospital Staff
Rosewood Ranches and the Caroline Rose Hunt Family are proud to partner with the Dallas Mavericks and local restaurants to feed the medical workers on the front lines of the COVID-19 fight in Dallas.
The Rosewood Corporation and the Caroline Rose Hunt Family Donate PPE to Dallas First Responders During COVID-19 Crisis
To help protect Dallas first responders on the front lines of the COVID-19 fight, the Rosewood Corporation and the Caroline Rose Hunt family are donating 6,000 “Multi-Shield” face protectors to Dallas Fire and Rescue (DFR) and 50,000 packets of single-use hand sanitizer to the Dallas Police Department (DPD).
ALTO AND ROSEWOOD RANCHES PARTNER TO DELIVER WAGYU BEEF STRAIGHT TO NORTH TEXANS’ GRILLS THIS SPRING
Beef lovers rejoice – Alto, a Dallas-based rideshare service, and Texas-based Rosewood Ranches are partnering to make getting high quality meat easier, faster and more contact-free than ever before — just in time for Spring grilling season. Rosewood Ranches’ Texas-raised Wagyu beef is now available on the Alto Market (an e-commerce gathering ground of local products, curated by Alto) for same-day or next-day delivery to North Texans’ doorstops and grills.
THE ROSEWOOD FOUNDATION AND HEALING HANDS MINISTRIES OPEN NEW VISION CLINIC
The Rosewood Foundation and Healing Hands Ministries are proud to announce the grand opening of the New Rosewood Foundation Vision Center at Healing Hand Ministries.