Dallas
Upscale Dallas Project Lands $56M Financing
Sovereign Properties received loans from JLJ Capital, BridgeInvest and Cottonwood Communities Inc. to develop the $73 million second phase of the Dolce Twin Creeks project in Allen, Texas.
JPI Adds 11th Multifamily Project in Dallas Submarket
The firm is building Jefferson Innova, a 433-unit second phase to its Jefferson Promenade community in Irving, Texas.
Westmount Buys Vintage Dallas Community
The investor plans a robust upgrade of the 55-year-old asset, which is located west of downtown Dallas in the city’s Kessler Park neighborhood.
IPA Arranges 247-Unit Community Sale in Fort Worth
The brokerage company represented the seller in the disposition of Creek on Calloway in Richland Hills. The asset received significant interior and exterior improvements since 2013.
Phase 4 of Dallas-Area Community Breaks Ground
High Street Residential and Olympus Property are building Olympus on Broadway, a 383-unit addition to the Union at Carrollton project in Carrollton, Texas.
Beachwold Residential Expands Dallas Presence
AIG secured $45 million in acquisition financing for the new owner of Austin at Trinity Green, a 355-unit property completed two years ago.
Senior Living Design Trends: Flexibility Comes First
Rockland Berg, the architect behind the Dallas-based firm called three, elaborates on the main design elements for modern, attractive senior housing communities.
JV Starts Work on Texas Student Housing Expansion
Balfour Beatty Campus Solutions, Wynne/Jackson and Star America are developing the $38 million project, which will add an additional 370 beds to serve the University of Texas at Dallas.
Western Wealth Capital Buys 504-Unit Dallas-Area Community
Berkadia originated a $48 million, Freddie Mac acquisition loan for the new owner. The company intends to implement a five-year, value-add improvement program at the property.
Harbor Group Relaunches Dallas’ Manor House
Following extensive upgrades, the 25-story property has a new look. Covington Hendrix Anderson Architects was in charge of the extensive interior and exterior makeover.