Texas

Palladium Carver Living in Mesquite, Texas
Affordable HousingDevelopmentNewsTexas

Palladium USA Breaks Ground on $79 Million Palladium Carver Living in Mesquite, Texas

by Channing Hamilton

MESQUITE, TEXAS — Palladium USA has broken ground on Palladium Carver Living, a $79 million project in the Dallas suburb of Mesquite. Located on a 10-acre site at 2200 Bruton Rd., Palladium Carver Living will consist of 288 apartments in one-, two- and three-bedroom layouts. Pre-leasing will begin by the fourth quarter of 2025. A portion of units at the community will be set aside for individuals earning 60 percent of the area median income. Planned amenities include a pool, fitness center, conference center, clubroom, dog park, computer lounge and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Palladium East Foster Crossing in Anna, Texas
DevelopmentNewsTexas

Palladium USA Completes Palladium East Foster Crossing in Anna, Texas

by Channing Hamilton

ANNA, TEXAS — Palladium USA has delivered Palladium East Foster Crossing, a $64 million community in the Dallas suburb of Anna. The project is a public-private partnership with the Anna Public Facilities Corp. Palladium East Foster Crossing comprises 239 apartments on an eight-acre site. The four-story development houses one-, two- and three-bedroom floor plans. Amenities include a pool, fitness center, conference center, dog park, computer lounge, children’s playroom and clubroom with a mini kitchen. HEDK Architects designed the community. BBL Construction was the general contractor. The Anna Public Facilities Corp. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentNewsTexas

Partnership Begins Construction on 192-Unit Affordable Housing Development in Houston

by Channing Hamilton

HOUSTON — A partnership between the Harris County Housing Authority, Harris County Housing & Community Development, OCI Development and Atlantic Pacific Cos. has broken ground on The Residences at Arbor Oaks, a 192-unit affordable housing project in Houston.  The Residences at Arbor Oaks will be reserved for households earning between 30 and 60 percent of the area median income. The property will feature 84 two-bedroom and 108 three-bedroom units. Planned amenities include a pool, fitness center, business center, outdoor grilling and dining stations and a children’s play area. Residents will …

Continue Reading
0 FacebookTwitterLinkedinEmail
Palladium San Antonio in San Antonio
DevelopmentNewsTexas

Palladium USA Breaks Ground on $75 Million Palladium San Antonio

by Channing Hamilton

SAN ANTONIO — Palladium USA, in partnership with the San Antonio Housing Trust Public Facility Corp. (SAHTPFC), has broken ground on Palladium San Antonio, a $75 million development in San Antonio. The four-story project is situated on an 18-acre site. Palladium East Foster Crossing will feature 288 units in one-, two- and three-bedroom floor plans. Amenities will include a pool, fitness center, conference center, dog park, business center, children’s playroom and clubroom with a mini kitchen. Pre-leasing will begin by Winter 2025. Cross Architects designed the community. Brownstone Group is …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceInvestment SalesNewsTexas

Greystone Provides $18.6 Million Acquisition Loan for The Residences of Diamond Hill in Fort Worth, Texas

by Channing Hamilton

FORT WORTH, TEXAS — Greystone has provided an $18.6 million Fannie Mae acquisition loan for The Residences of Diamond Hill in Fort Worth. John Williams of Greystone originated the loan, which features a 10-year term, 35-year amortization schedule and interest-only payments for the first five years. The borrower and seller were not disclosed. The Residences of Diamond Hill was built in 2003. The garden-style community consists of 204 units across 40 buildings. Apartments come in two-, three- and four-bedroom layouts. Amenities include a fitness center, pool, outdoor grilling and picnic …

Continue Reading
0 FacebookTwitterLinkedinEmail
Fifteen12 at Bryan Apartments in Bryan, Texas
Leasing & MarketingNewsTexas

Stonemark Management to Manage Fifteen12 at Bryan Apartments in Bryan, Texas

by Channing Hamilton

BRYAN, TEXAS — Stonemark Management has taken over management services at Fifteen12 at Bryan Apartments in Bryan, about 100 miles northeast of Austin. The property offers one- to four-bedroom floor plans. Select units offer washers and dryers, flex space, mini blinds and more. Amenities include a clubhouse, fitness center, pool and sundeck with a grilling and picnic area, game room with a ping pong table and basketball and volleyball courts. According to Apartments.com, the community comprises 160 units and was built in 2000.

Continue Reading
0 FacebookTwitterLinkedinEmail
Speakers on the design panel at the InterFace Houston Multifamily conference.
Conference CoverageDevelopmentFeaturesOperationsTexas

InterFace Panel: When It Comes to Amenities in Today’s Multifamily Market, Sometimes Less Is More

by Channing Hamilton

HOUSTON — Within the world of multifamily development, the “amenities arms race” has become a well-documented trend over the past decade, a contest to curate and deliver the most appealing combination of entertainment and wellness features and activities to woo prospective renters. In many instances, this approach was successful, and developers succeeded in capturing the hearts and wallets of renters who sought an “everything under one roof” approach to renting. The fervent movement to deliver more extensive and impressive amenity packages also worked for much of the last decade because …

Continue Reading
0 FacebookTwitterLinkedinEmail
Axis Kessler Park in Dallas
Affordable HousingInvestment SalesNewsTexas

Partnership Acquires 299-Unit Axis Kessler Park in Dallas

by Channing Hamilton

DALLAS — A partnership consisting of Waterford Property Co., The Vistria Group and the City of Dallas Housing Finance Corp. has acquired Axis Kessler Park, a 299-unit community in Dallas. The property traded hands for $67 million. The new ownership plans to convert the community into workforce housing. Ninety percent of the units will be restricted to households earning between 60 and 140 percent of the area median income. Apartments will come in one-, two- and three-bedroom layouts. Amenities include a pool, clubhouse, fitness center, business center and a dog …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Residences of Diamond Hill in Fort Worth, Texas
FinanceInvestment SalesNewsTexas

Greystone Provides $18.6 Million in Acquisition Financing for The Residences of Diamond Hill in Fort Worth, Texas

by Channing Hamilton

FORT WORTH, TEXAS — Greystone has provided an $18.6 Fannie Mae Delegated Underwriting & Servicing loan for the acquisition of The Residences of Diamond Hill, a 204-unit asset in Fort Worth. John Williams of Greystone originated the loan, which carries a 10-year term and 35-year amortization, with interest-only payments for the first five years. The borrower was not disclosed. The Residences of Diamond Hill was built in 2003 and comprises 40 buildings. The garden-style community offers two-, three- and four-bedroom layouts. Amenities include a fitness center, pool, outdoor grill and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Metro Austin Construction, Vacancy, Rent Growth Trends
DevelopmentFinanceInvestment SalesLeasing & MarketingMarket ReportsTexas

Austin Investors Feel Pains of Overbuilding

by Channing Hamilton

Austin has distinguished itself as one of the youngest markets in the nation, with a large portion of its population falling within the working-age bracket. Notably, individuals ages 25 to 34 comprise the largest segment of residents, making rental housing pivotal to support this demographic.  Population growth was exacerbated during the COVID pandemic and in the years immediately following. Within a short timeframe, Austin experienced a substantial influx of residents, driven partly by the relocation of numerous well-known companies, such as Oracle, Google and Tesla.  These organizations moved out of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.