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TEXAS SHOWCASE INVESTS $600K IN LOCAL MINORITY ENTREPRENEURS

Dallas Cowboys Pro Bowl linebacker, Jaylon Smith, hosted the second annual Minority Entrepreneurship Institute (MEI) Showcase in Dallas on July 10 at The Star. Five finalists presented at the premiere pitch competition and were awarded $600,000 in investment capital.

THIS DALLAS REAL ESTATE INVESTOR IS OFFERING SMALL BUSINESSES LOANS OUT OF HIS OWN POCKET

Scott Everett has invested in companies spanning a breadth of industries, but he doesn’t know a single one that has had any luck with getting a small business loan through the Paycheck Protection Program. That’s why he took matters into his own hands.

S2 CAPITAL PURCHASES FIVE46 IN MESA FOR $46M

CBRE has arranged the sale of the 320-unit multifamily community FIVE46 on behalf of a joint venture between Security Properties and funds managed by Oaktree Capital Management, L.P.

COMING SOON: “ALEXA, PAY MY RENT”

Zego inks deal with S2 to bring smart home hubs to 30,000 apartments. Through the arrangement, smart-home enabled units will include an Amazon Echo, which will enable residents to control smart home devicmart locks, lights, thermostats and wall plugs with the Zego app, or simply by asking Alexa.

BID ALERT: MORE THAN $20M IN RENOVATIONS SLATED FOR THESE 3 APARTMENT COMPLEXES

Addison, Texas-based S2 Capital LLC — which bought Grandview Pointe, Lakeview Pointe and Lake Jasmine apartments for $124.5 million on Sept. 7 — is sinking roughly $21 million in renovations into the properties.

NEXT GENERATION HONOREE: S2 FOUNDER SCOTT EVERETT TAKES RAGS TO RICHES PATHWAY

In the annals of pulling yourself up by your own bootstraps, Scott Everett’s story offers a particularly inspiring example. Connect Media’s second annual Next Generation Awards recognize young leaders in the commercial real estate industry who are likely to be influential for years to come.

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