80.8 F
Fort Worth
Wednesday, August 5, 2020

Top 100 Industry Awards Real Estate Making history, selling history

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...
Robert Francis
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

For real estate adviser Bernard Uechtritz, 2016 has been quite a year.

He led the record-breaking global campaign to sell the W.T. Waggoner Ranch in Vernon, which was listed at $725 million and sold in February to billionaire businessman and sports team owner Stan Kroenke. Shortly after that, he began marketing the Sandow Lakes Ranch in central Texas, which is yet another opportunity to demonstrate his ability to manage the sale of large, complex and challenging properties.

Uechtritz, still an associate at Sotheby’s International Realty Global Network, is an international real estate adviser for the Briggs Freeman Sotheby’s franchise in Dallas, as well as founder of the recently formed International Icon Properties.

Earlier in his career, he sold in three months what may have been his most challenging property – the stigmatized Calabasas estate belonging to the Menendez family – after it had been on the market five years with other brokers. Lyle and Erik Menendez were convicted of murdering their parents in 1989 in their other mansion, located in Beverly Hills.

In 2011, he sold the Camp Cooley Ranch in Franklin, Texas, for $28.5 million in a depressed market, on a day the Dow dropped by 500 points. At the time, it was the largest ranch sale by price in Texas.

Born in Australia, Uechtritz is an accomplished polo player, cattleman and equestrian. He was raised in Papua New Guinea and on horseback and competed in polocrosse, a fast-paced Australian sport best described as a mix of polo, lacrosse and rugby on horseback.

Uechtritz is a court-appointed receiver, real estate expert witness and global marketing consultant to wealth managers, real estate owners and sales companies worldwide. He has been called a “fixer” and considers himself a “go to, can do” expert. He has certainly proved that this year.

- Advertisement -
- Advertisement -

Latest News

Dallas developer facing bribery charges put on house arrests

DALLAS (AP) — A Dallas real estate developer has been put on house arrest after two federal judges found that he violated...

JLL arranges equity, construction financing for South Fort Worth Logistics Center

JLL Capital Markets announced Aug. 4 that it has arranged equity and construction financing for South Fort Worth Logistics Center, a state-of-the-art,...

U.S. Concrete: 2Q Earnings Snapshot

EULESS, Texas (AP) _ U.S. Concrete Inc. (USCR) on Tuesday reported second-quarter profit of $6.6 million.The Euless, Texas-based company said it had...

Jacobs Engineering: Fiscal 3Q Earnings Snapshot

DALLAS (AP) _ Jacobs Engineering Group Inc. (J) on Monday reported fiscal third-quarter net income of $244.9 million.The Dallas-based company said it...

Sterling Construction: 2Q Earnings Snapshot

THE WOODLANDS, Texas (AP) _ Sterling Construction Co. (STRL) on Monday reported second-quarter earnings of $18.2 million.The The Woodlands, Texas-based company said...