News & Insight

June 20th, 2018 by

Original story here

The Dallas Business Journal held a panel discussion recently about business innovation and disruption. The group was convened by Deloitte and included local top executives. Jason Downing, North Texas managing partner and Central region market leader at Deloitte LLP, moderated the discussion. Participants were Mike Ablon, principal and founding partner, PegasusAblon; Dan Berner, partner, Deloitte & Touche LLP; William Davenport, CFO, Topgolf Entertainment Group; Warren Ivie, CEO & Founder, Ivie & Associates; Christopher Kleinert, CEO, Hunt Consolidated Investments; and Nina Vaca, Chairman & CEO, Pinnacle Group. Here are some highlights from the conversation.


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April 17th, 2018 by

Original article by Bobby Geary, Park Cities Historic and Preservation Society Axis Magazine 2018

Mythology, ethos, fabric; these are not common words that you would typically expect a Dallas commercial real estate developer to use when describing their projects, however, that is not the case with Mike Ablon of PegasusAblon, a Dallas based commercial real estate developer. I had the fortunate experience of interviewing Ablon about his endeavors with the Dallas Design District. Ablon is passionate about preservation and has successfully found a way to combine his passion with his business of developing and investing in commercial real estate throughout the Metroplex.


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December 5th, 2017 by

Original Article: “Mike Ablon Does Not Build or Buy for Millennials,” by Jeremiah Jensen, Bisnow Dallas-Fort Worth December 4, 2017

Mike Ablon, principal and founding partner of PegasusAblon, does not build or buy offices for millennials. Instead of limiting himself to one narrow demographic, he builds offices for Generation Connected, the multigenerational, overlapping demographic of people living and working in the fast-paced, interconnected world of today.

“We took a little bit of a different stance on looking at millennials, which is we did not really look at millennials … We looked at Generation Connected, which is an overlapping demographic overview that takes all of connectivity and the generation we are in now, because the baby boomers are as heavily influenced with connectivity and mobility as the millennials,” Ablon said.


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October 6th, 2017 by

Original article by Kyle Hagert, Bisnow Houston October 5, 2017

For office investors, 2017 has been an uncertain time. Between the rising prominence of Southern markets, the disruption of co-working and an increasingly hard-to-define business cycle, there are no longer any easy answers. We (Bisnow) put three questions to some of commercial real estate’s sharpest minds to get a better sense of the market.

We (Bisnow) asked Granite Properties CEO Michael Dardick, Cawley Partners CEO Bill Cawley, Quadrant Investment Properties founder Chad Cook and PegasusAblon principal Mike Ablon three questions:

  • Co-working: Threat, partner or whole different ballgame?
  • You have $1B and can invest anywhere in the Sun Belt — what city do you invest in and do you build new, buy trophy or buy value-add/adaptive reuse?
  • Where are we in the cycle?

Here is what they had to say:


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September 29th, 2017 by

Original article by Candace Carlisle, Dallas Business Journal September 28, 2017

The executives at Downtown Dallas Inc. are pulling together potential development sites in the city’s central business district that could appeal to the search underway by Amazon.com Inc. (Nasdaq: AMZN) for a second North American headquarters.

“We have a lot of options with nearly 6 million square feet of space available for someone to move into today,” said Kourtny Garrett, president and CEO of Downtown Dallas Inc., an advocacy group for Dallas’ urban core.

“Amazon said they are looking for 500,000 square feet of space in 2019, and we can easily absorb that in the CBD,” Garrett added. “Within a 2.5-mile radius, we have almost 30 million square feet of real estate; the opportunities are endless.”


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August 29th, 2017 by

Dallas, TX – August 29, 2017 – Lionstone, PegasusAblon, and Peloton have completed the leases of Bank of
the Ozarks and ExecutiveWorkspace.com at 8300 Douglas in Preston Center, Dallas. Bank of the Ozarks leased
33,099 SF on floors 8 and 9 and ExecutiveWorkspace.com leased 12,941 SF on floor 8 in space that was
previously occupied by Match.com.

“We are pleased to add two prestigious tenants to 8300 Douglas,” said Peloton partner T.D. Briggs. Briggs and
Peloton principal Sarah Hinkley represented the owner Lionstone Investments in the transaction. “Lionstone and
PegasusAblon committed to renovating the lobby and common areas of the building to help lure large tenants.
The building looks great and we are excited to announce these large transactions given Preston Center’s limited
supply.”


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May 24th, 2017 by

Original article by Catherine Meredith, Bisnow London May 23, 2017

Knowing your tenants is still one of the biggest challenges to building successful private rented sector homes in the UK, attendees heard at Bisnow’s London PRS Growth & Expansion event Thursday. The market is so new — “pre-nascent,” Greystar managing director Bella Peacock called it — that developers are still grappling with the idea of space as an experience, the importance of getting the basics of property management right, and figuring out which stats and demographics matter.

The demand for high-quality build-to-rent housing clearly exists. In 2016, for the first time in the UK, there were more renters than owners — but only 10% of those renters were in purpose-built accommodation. About 13,000 purpose-built apartment units were built in the UK in the last year, and about 9,000 of those were in London.


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April 18th, 2017 by

Original Article: “Keeping What’s Great” by Lance Murray, Dallas-Fort Worth Real Estate Review April 17, 2017

Mike Ablon says that as a city or neighborhood evolves through time, it’s important to preserve their character and history.

Ablon, a founding principal partner at Dallas-based PegasusAblon, is turning areas that were designed for a vehicle-based society into ones that are focused on a pedestrian-based world.

In short, he develops while preserving. He builds value while maintaining history. He allows neighborhoods to evolve while maintaining what made them great.


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March 29th, 2017 by

Original article by Travis Gonzalez, Bisnow London March 28, 2017

The UK build-to-rent/property residential services market is booming. Following a £1B funding stimulus from the British government to attract more developers and institutional investors, the market has entered a growth phase. A significant number of projects will begin or reach completion within the next three years.

Build-to-rent is still a new concept in the UK. Developers have turned to their U.S. counterparts for advice, pulling from years of experience transforming urban neighbourhoods into premier live/work/play destinations. PegasusAblon principal Michael Ablon, a speaker at Bisnow’s upcoming London PRS Growth & Expansion 2017 event, has built his career around understanding the demographic shifts transforming the Dallas-Fort Worth area.


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March 28th, 2017 by

Original Article: “Yes, Millennials Really do Live in the Burbs,” by Julia Bunch, Bisnow Dallas/Fort Worth March 27, 2017

Though real estate pros keep saying that Millennials live in the suburbs, the greater population keeps being surprised. Panelists at Bisnow’s Dallas State of the Market testified that the suburbs attract the same residents as the central business district, and that is partly because the suburbs have gotten, well, cool.

“We’re seeing that hotness of Uptown move to Legacy,” Republic Title president Bo Feagin said. More people are talking about the burbs, and Freddie Mac and Fannie Mae still offer good rates on projects that have a good story, such as value-add, Feagin said.


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