Joe Lovinger
@j_lovinger
Followers
412
Following
401
Media
1
Statuses
55
Texas Reporter at Bloomberg News
Dallas, TX
Joined January 2018
Want to understand what redistricting in Texas looks like and what it means for representation in Congress? Great combination of super interesting maps and thoughtful reporting here: https://t.co/M0H2lejFSD via @business @BBGVisualData by @elena___mejia @j_lovinger
bloomberg.com
Federal judges in Texas this week will weigh whether the state’s newly drawn congressional map unlawfully dilutes the voting power of racial minorities, bringing to a head a redistricting battle that...
1
4
2
“It’s almost an unthinkable state of events,” Miller said. “We lost Luka, the downtown Neiman and our only local daily newspaper, all in the span of months.” https://t.co/2jusOL4jyx
bloomberg.com
Robert Decherd built a multibillion-dollar media empire around his family’s crown jewel, the Dallas Morning News, then watched as an industry collapse devastated his newspaper business.
0
1
1
Republican lawmakers are requiring state police to escort Democrats exiting the Texas House of Representatives. Rep. Nicole Collier is protesting by refusing to leave, spending Monday night in the chamber. @j_lovinger reports https://t.co/XrqfCUySah
2
3
8
“I don’t think that thing is ever coming back — it may still be here when you and I have departed the Earth, just standing there.” Energy mergers weigh on Houston real estate. Always a blast working with @DavidWethe: https://t.co/tXuWryVVUo
bloomberg.com
President Donald Trump is championing a revival of American fossil fuels with calls to “drill baby drill.” But in the US energy capital, a pullback in the industry has already left its mark.
1
2
5
This stat surprised me: All 10 nominees for best picture at this year’s Academy Awards filmed outside Los Angeles. And as the film industry increasingly shoots outside of Hollywood, Texas wants a piece of the action: https://t.co/sGmilL65by
bloomberg.com
Lawmakers are weighing bigger financial incentives for film, TV, but not if the state is portrayed negatively
0
2
2
Check out my story with @EK_Hudson featuring a school-bus-driving, golf-coaching superintendent and the changing nature of education in Texas
bloomberg.com
Abbott poised to sign school-choice bill after years-long quest
0
1
4
Texas Senator Ted Cruz joins the ranks of Republicans sounding the alarm over Trump's tariffs, @j_lovinger reports. https://t.co/TqM2ob0zVC
bloomberg.com
Senator Ted Cruz, usually a staunch supporter of President Donald Trump, sounded the alarm on the administration’s move to ramp up tariffs, saying they pose “enormous risks” to the US economy and...
0
10
21
Back to some familiar territory: Austin real estate. The city built unprecedented amounts of new apartments, and rents tumbled:
bloomberg.com
One tenant got two months free, $600 credit for signing lease as deals abound
0
0
7
A trip into the world of penny hunters, who see a chance to profit off the demise of the Lincoln cent:
bloomberg.com
Adam Youngs is looking to make a lot from truckloads of the little red cent.
0
1
4
This week I visited Laredo, Texas, which facilitated about $320 billion of trade in 2023. Here’s a look at the biggest American trade crossing In a time of immense uncertainty:
bloomberg.com
The panic eased in Laredo, Texas, but the clock is already ticking again.
0
0
8
Texas Governor Greg Abbott sent letters to US congressional leaders requesting the federal government reimburse his state for the more than $11 billion it has spent on border security operations since 2021 https://t.co/vJGLJRwJuN by @j_lovinger via @bpolitics
bloomberg.com
Texas wants its money back.
1
1
1
As the Texas legislature kicks off today, the top priority for the state’s most powerful politicians and donors is school choice. Here’s my story about the big money and primary battles behind that push:
bloomberg.com
Jeff Yass is about to find out what $16 million gets him in Texas.
0
0
0
Texas Governor Greg Abbott planning "a big French fry cook-off" if the Lone Star State surpasses France as one of the world’s largest economies. https://t.co/wd2CmbSZLj Great story from @j_lovinger via @bpolitics
bloomberg.com
Texas Governor Greg Abbott has a new ambition for the Lone Star State: surpassing France as one of the world’s largest economies.
0
2
1
The next installment in my Texas multifamily chronicles: https://t.co/VRJyMVrDxg As @jayparsons said, “Every developer in the country is out there trying to raise capital off the strategy that there’s gonna be a lot less delivering in 2026 and 2027.” Harder than it sounds!
therealdeal.com
If you slam the brakes on a speeding bicycle, you’ll flip over the handlebars. For the past three years, Texas apartment developers have been riding one such bike. In Dallas, Austin and Houston,...
0
2
5
Part two of my look at what's going on in Texas multifamily markets — once an investor darling, now distress is looming. Here's who's finding deals in it all:
therealdeal.com
So you want to buy an apartment building in Texas. Until recently, that would make you just another face in the crowd of buyers flocking to the Lone Star State’s booming multifamily market. But a...
0
2
6
There will be winners, particularly those with enough cash to weather the short-term. But there will also be losers: scores of small developers, syndicators and Main Street investors are now staring down a massacre in the Lone Star state. https://t.co/P6oNj2ZAvy
therealdeal.com
For the past few years, Texas multifamily was one of the hottest real estate investments in the country. Not anymore. Industry players think the trouble has only just begun, and that might be a...
0
3
5
H-E-B isn't just a great place to buy tortillas — it might be the future of retail real estate. In the latest issue of The Real Deal, I dug into how the grocer became the largest private company in Texas and how it is reshaping the state's shopping scene:
therealdeal.com
If you had a few minutes to explain Texas to an alien, you would do well to take it to an H-E-B. Knock out basic geography in the snack aisle with Texas-shaped tortilla chips. The alien could learn...
1
0
5
https://t.co/O6ChBRmvVv The unbeatable TRD art team steals the show in my story from day 1 of Ken Paxton’s impeachment trial
therealdeal.com
Nate Paul was not in the Texas Senate chambers on Tuesday morning, but the state’s attorney general, lieutenant governor, highest judge and 31 state senators all were. And the real estate investor...
0
2
5
https://t.co/SMQmCSqXRL A dispatch from Dallas, where I ate the best cornbread of my life and met a bunch of multifamily investors trying to figure out what to make of lenders going cold on the hottest investment in the hottest state (at least for now)
therealdeal.com
Texas multifamily investors have been on a roller coaster ever since the Federal Reserve began raising interest rates last year, and at a conference in Dallas on Tuesday, they tried to figure out...
0
2
7