Residential
Journeyman’s Plan to Pair Apartments With Austin’s Original Threadgill’s on North Lamar Stays in Slow Motion
More than six years after the original Threadgill's closed at 6416 N. Lamar Blvd., the Journeyman Group-affiliated owners of the 0.94-acre site are...
Benefit Street Partners Provides $117.3MM Refinancing for 960 Units Across Three Greystar-Managed Texas Communities
Walker & Dunlop arranged $117.3 million in floating-rate, interest-only loans from Benefit Street Partners to refinance three Class A apartment communities totaling 960...
Appraisal Cuts S2 Capital’s 720-Unit The Kace in Grand Prairie to $82.9MM, Down 47% From 2022
A fresh appraisal pegs S2 Capital's 720-unit The Kace apartment community in Grand Prairie at $82.9 million, roughly $72.5 million below its 2022...
D.R. Horton Takes $91.4MM Multifamily Writedown as Rate Spike Hits Apartment Exit Values
Arlington-based D.R. Horton swung its rental segment to a fiscal fourth-quarter loss after writing down nine completed apartment projects, a sign that the...
Prosper Council Unanimously Rezones 143 Acres for Blackard Cos.’ $2B Venetian-Style The Marco at Tollway and U.S. 380
The Prosper Town Council has unanimously approved zoning for The Marco, Blackard Cos. and Cawley Partners' planned $2 billion, 143-acre Venetian-inspired village with...
Southstar Communities Seeks $63.75MM in TIRZ Funds for $575MM, 1,543-Unit Lone Star Brewery Redevelopment in San Antonio
New Braunfels-based Southstar Communities has asked San Antonio for $63.75 million from two tax increment zones to jump-start its roughly $575 million plan...
Trepp Flags $3B in Texas Floating-Rate Apartment Loans Short on Cash Flow
A new Trepp analysis shows that one in four dollars of performing floating-rate Agency multifamily debt in Texas sits on properties whose net...
Greystar, Whitman Peterson Open 348-Unit Halden at Red Oak With Public Fishing Pond South of Dallas
Greystar and longtime capital partner Whitman Peterson have opened Halden at Red Oak, a 348-residence rental community off Highway 342 in northern Ellis...
Fortress Funds Lead $150MM Facility for Lantern’s Tiger Woods-Designed Bluejack National and Bluejack Ranch Golf Communities
Dallas-based Lantern Asset Management has lined up a $150 million, five-year delayed-draw senior facility led by funds affiliated with Fortress Investment Group to...
HPI Puts $20MM of Its Own Capital Behind 396-Unit The Kent Near Austin’s Domain
Austin-based HPI Real Estate Services & Investments has started construction on The Kent, a seven-story, 396-unit mid-rise at 2631 Kramer Lane, betting that...
OHT Partners Breaks Ground on 402-Unit The Barton, Setting Aside 40 of 60 Acres for Green Space in Southwest Austin
Austin-based OHT Partners has started construction on The Barton, a low-density 402-unit rental community of garden-style apartments and townhomes on more than 60...
Dinerstein, Harrison Street Deliver 346-Unit, 873-Bed Aspire Reserve Tower in College Station’s Northgate
A joint venture of The Dinerstein Cos., Up Campus Student Living and Harrison Street has finished Aspire Reserve, a 19-story, 346-unit student housing...
