Dallas, TX
How This Dallas Developer Is Transforming Neighborhoods in Southern Dallas Through Affordable Housing, One Property at a Time
Many people get into real estate for the potential financial rewards. But for Jay McIlveen, president of Five Star Properties, the returns come in more than dollars and cents. Since 2020, he’s been investing in property that he remodels into quality, affordable housing, full time.
Jay McIIveen
His passion for real estate started as a side hustle and grew as he realized he had an opportunity to make a positive impact on people’s lives.
“In 2002, I was working in corporate America and buying houses on the side, and I would either sell them or rent them out,” says McIlveen. At that time, he worked with a mix of clients, but when the market crashed in 2008, and he was still getting payments from his Section 8 tenants, he pivoted.
Rental exterior
“Initially, that was a financial decision, but the benefit of getting consistent payments from the government means I have more flexibility to help people. A lot of people who are on Section 8 are single mothers, looking for a safe environment for their family,” said McIlveen.
He keeps this front of mind when rehabbing a property.
“Most of the houses we buy are in need of repair—they could be fire or flood damaged, or sometimes the former resident was a hoarder. These are structures that have become a blight on the neighborhood, but they’re still salvageable.”
For Mcllveen, ‘salvageable’ doesn’t mean just getting them up to code—that’s table stakes. He’s creating housing that is affordable, move-in-ready, and a source of pride for those who live there. His approach has a multiplier effect on under-championed areas.
Picture of interior of home with extensive damage from flooding.
For example, while many landlords engage in tenant turnover and continue to raise prices, Mcllveen says most of his tenants stay for at least five years. One told him she wants to stay in her house forever.
“She and her husband moved to a house near the zoo, which has a lot of revitalization happening now. But 16 years ago, it was a different story. I had several tenants come in and out before them, but when they moved in, they stabilized the property,” said McIlveen.
He got to know the couple well — even hiring the husband to do some work on other properties. When he passed away a few years ago, she couldn’t afford the rent on her own. McIlveen says property prices near the zoo have tripled in the past decade, but because of the relationship, he adjusted her monthly payment to one that she could afford.
“Yes, real estate has been profitable for me, but when I have a tenant tell me that she wants to stay in her home forever, that is invaluable.”
For Mcllveen, the biggest reward is being in a position to help people through some of life’s challenges while disproving misconceptions about Section 8 tenants.
“This idea that they don’t take care of your property is an unfortunate stereotype said Mcllveen.
To date, Five Star Properties has purchased, rehabbed, and sold (or rented) more than 40 single-family homes. Currently Five Star has 15 single-family homes in its portfolio, and in 2023 Mcllveen was selected to join the second cohort of the Community Developers Roundtable. He says joining the CDR has enabled him to keep growing as a developer and ultimately reach more people.
“It’s all about relationships, and the CDR has been great. For example, the classes that they host, and the doors that they open. For someone who works with housing authorities all over the Metroplex that operate with slightly different nuances, the CDR has helped me navigate and identify partner organizations that have similar missions and goals.”
For more stories on the Community Development Roundtable and its members, click here.
Voices contributor Nicole Ward is a data journalist for the Dallas Regional Chamber.
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Dallas, TX
Cowboys Team Doctor Played Role in Maxx Crosby-Ravens Trade Debacle
The Dallas Cowboys were initially in the mix for Las Vegas Raiders superstar pass rusher Maxx Crosby ahead of NFL free agency, and were believed to be one of the finalists in trade talks. However, he was ultimately traded to the Baltimore Ravens for two first-round picks.
Now, the NFL world has been turned on its head with the Ravens deciding to pull out of the trade agreement with Las Vegas.
On Tuesday night, NFL insider Adam Schefter was among the experts discussing what went wrong between the Raiders and Ravens, revealing that Cowboys team physician Dr. Daniel Cooper, one of the premier knee specialists, played a role in the Ravens’ evaluation of Crosby.
Schefter discussed how Dr. Cooper was among the doctors who reviewed scans on Crosby’s knee, which ultimately spooked the Ravens and triggered the end of the deal.
“The Baltimore Ravens essentially failed him on their physical, and my understanding is there were multiple doctors that reviewed his MRI scans,” Schefter said. “There were doctors that examined him, including Dr. Daniel Cooper, the Dallas Cowboys doctor that performed surgery on Patrick Mahomes and Malik Nabers.
“Many teams and players rely on Dr. Cooper’s expertise, and Dr. Cooper was one of the doctors who reviewed the images where the Ravens then felt compelled to back out of this trade.”
It’s hard not to connect the dots that Dr. Cooper’s involvement in the medical review of Crosby led to the team deciding against re-engaging in trade discussions. Though that could change, currently, the Cowboys are expected to move forward with Pro Bowl EDGE Rashan Gary, who the team agreed to acquire from the Green Bay Packers for a 2027 fourth-round pick on the first day of legal tampering.
It will be interesting to continue monitoring the situation and its fallout, which has left the Raiders in a terrible position.
But, with the Raiders now forced to re-examine the money they committed to free agents on Wednesday evening, they may have to pull out of one of their own agreements, which could open the door for the Cowboys to reopen their pursuit of a linebacker like Nakobe Dean or Quay Walker.
The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET, so get your popcorn ready, because it’s going to be a wild ride.
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Dallas, TX
Maxx Crosby-Ravens Trade Dead, Opening Perfect Cowboys Opportunity
Dallas Cowboys Nation’s hopes of landing superstar pass rusher Maxx Crosby were dashed last weekend when it was announced that he was being traded to the Baltimore Ravens. However, less than 24 hours before the new year, the trade has fallen apart.
On Tuesday night, the Las Vegas Raiders announced that the Ravens have backed out of the trade.
“The Baltimore Ravens have backed out of our trade agreement for Maxx Crosby,” the statement read. “We will have no further comment at this time.”
The news sends a major ripple for the league, with the Crosby sweepstakes once again open. Before his trade to the Ravens, the Cowboys were considered one of the teams closely monitoring the situation and a team that made a legitimate offer for Crosby.
At this time, there is no word on why the trade between Las Vegas and Baltimore fell through. When the trade was first reported, the Raiders were set to receive a 2026 and 2027 first-round pick from the Ravens.
Now, his future is in limbo. Before he was traded to the Ravens, it was believed that the Cowboys, Chicago Bears, and Los Angeles Rams were the top candidates to land him. In fact, the Cowboys were “considered runner-ups” in the sweepstakes.
Dallas’ Original Trade Offer
According to ESPN’s Jeremy Fowler, the Cowboys initially offered the No. 12 overall pick in the 2026 draft, a 2027 second-round pick, and an unnamed veteran player.
“Dallas kept a hard line throughout. The franchise wasn’t willing to part with two first-round picks, hoping its 12th pick in April’s draft, plus a future second-rounder, would be enough to entice Las Vegas. Dallas was also willing to package a veteran player to sweeten the deal, but Vegas wasn’t interested in that. The Raiders prioritized picks,” Fowler wrote.
Last season, Crosby recorded 73 total tackles, 28 tackles for a loss, 20 quarterback hits, 10 sacks, two forced fumbles, and an interception.
We’ll have to see if Dallas ends up being his new home, now that the team has a second chance to make something special happen, but there will be some serious competition. The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET.
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Dallas, TX
Dallas weather: Severe storms bring hail and tornado threats | See timing
DALLAS – Severe thunderstorms are forecast to return to North Texas late Tuesday, bringing threats of damaging hail, high winds and localized flooding. While the primary concerns are wind and hail, a few tornadoes cannot be ruled out.
Tuesday Forecast
Dallas weather: Mar. 10 morning forecast
We have another chance of severe storms starting Tuesday afternoon. Meteorologist Ali Turiano has your forecast and everything you need to know ahead of the storms.
Scattered showers and storms are expected to develop as a dryline to the west moves into the region. Storm conditions are expected to intensify as the day progresses.
The greatest concerns remain damaging winds and large hail. The leading edge of the storm front will likely be the most intense, with the potential for straight-line winds and brief spin-up tornadoes.
LIVE Radar: Dallas-Fort Worth
Dallas Storms: Timing and Impact
The highest potential for severe weather in the Metroplex is from 2 p.m. to 6 p.m., though lingering activity could continue until 2 a.m. Wednesday. Residents are advised to seek shelter immediately if a warning is issued for their area.
7-Day Forecast
A final round of storms is expected Wednesday, primarily between noon and 7 p.m., according to the National Weather Service. These storms carry a threat of half-dollar-sized hail and damaging winds.
Behind this system, North Texas will dry out and briefly cool off. Sunny skies return Thursday with a high in the mid-60s. Temperatures will then warm into the upper 70s on Friday before a sunny weekend with highs in the low 80s.
The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.
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