The NRP Group, H.I.G. Capital Break Ground on Diamond Flats in Carrollton, Texas

CARROLLTON, TEXAS — The NRP Group, in partnership with H.I.G Realty Partners, has broken ground on Diamond Flats, 25 miles north of Dallas in Carrollton. Santander Bank, N.A. has provided a construction loan for the project. Diamond Flats will comprise 331 units across four stories on a six-acre site. Units will come in one-, two- and three-bedroom layouts with an average size of 950 square feet. Planned amenities include a fitness center, a pool, courtyards, a game room and secure garage parking. The NRP Group expects to deliver the asset’s first units in 2025.