JPI has broken ground on a $103.2 million, 415-unit multifamily development in Denton, Texas.
Located at 3855 Hudsonwood Road, Jefferson Quail Creek marks the company’s fifth construction close in Texas and third workforce community this calendar year. The community also marks the company’s second partnership with the Denton Housing Authority in 2025. JPI recently broke ground on Jefferson Bonnie Brae, a 461-unit workforce housing community located at N Bonnie Brae St & Bronco Wy, Denton, TX. Together, these two apartment communities will deliver 876 multifamily units to the region.
With first units expected in Q2 2027, Jefferson Quail Creek’s three-story, walk-up-style community will comprise 1-bedroom, 2-bedroom and 3-bedroom apartments. Amenities will include a resort-style pool, a courtyard with grills, a beer garden with an outdoor kitchen and seating, a main club room with a café, a resident lounge with TVs and gaming stations, and an indoor-outdoor fitness center and yoga studio.
JPI is leasing 19 projects spread out across the Dallas-Fort Worth area.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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