KWA Construction, a general contractor specializing in multifamily developments throughout Texas, has broken ground on the Reed Parke Apartments in Burleson. Developer Sovereign Properties selected KWA Construction to build the 217-unit, 296,175-square-foot multifamily complex. 217-unit apartment complex breaks ground in Burleson
JLL Capital Markets announced that it has secured $60 million in non-recourse construction financing for Sovereign at Town Center, a luxury, garden-style multihousing community in Davenport, Florida. $60 million construction financing secured for Sovereign at Town Center apartments
Sovereign Properties is moving forward with development of the second phase of Dolce Twin Creeks, a 366-unit multifamily property in Allen, Texas, thanks to a $45.5 million senior loan from JLJ Capital and BridgeInvest and a loan commitment of up to $10 million from Cottonwood Communities Inc. Upscale Dallas Project Lands $56M Financing
Principal Russ Krivor discusses the millennial generation’s impact on the current housing market with Forbes Magazine’s Real Estate Council in a piece titled, When Will Millennials Finally Buy Homes — If Ever?