Carbon Companies announced the groundbreaking of the final two phases of The Links on PGA Parkway, a multifamily development in the heart of Frisco’s Urban Village. The groundbreaking follows the closing of an approximate $125 million loan in April, arranged by the Carbon Companies team to finance the remaining phases of the 38-acre development. Completion is slated for 2027.
Located at 15950 Paramount Way, off of PGA Pkwy and the Dallas North Tollway, The Links on PGA Parkway will deliver an additional 620 podium-style luxury units, 815 underground parking spaces, and wellness facilities and amenities, contributing to the full build-out of 1,310 total residential units.
The first two phases of the community, which opened in December 2021 and October 2023, introduced 690 apartments, two pools, two clubhouses, a fitness center, a grab-and-go market, a golf simulator, complimentary yoga and golf lessons from local professionals, and a two-acre city park.
Final completion is slated for 2027.
Atlas Capital Group has acquired 360 W. 43rd St., a 256-unit multifamily property located in Midtown Manhattan’s Hell’s Kitchen neighborhood. Although Atlas Capital did not disclose the acquisition price, Crain’s New York Business reported it as approximately $150 million, or about $586,000 per unit. The 23-story, approximately 250,000-square-foot property comprises 256 rental apartments, 13,000 square feet...
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EYA LLC, a D.C.-based urban infill residential developer, is advancing two major residential projects in Northern Virginia. The firm’s Prosperity Park project received approval from the Fairfax County Board of Supervisors, and the Idylwood Hill development reached a key milestone with the closing of its 6.97-acre site in Falls Church. The two projects will bring...
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Timberlane Partners purchased Canopy Apartments, a 336-unit garden-style apartment community located at 923 112th St. SW in Everett, WA, for $82.75M, or $246,279 per unit. The acquisition was made in partnership with NY-based EOS Residential Investors. Canopy is the sixth acquisition through Timberlane Acquisition Fund II (TAF II) and follows the firm’s $37M acquisition of...
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Central CA Commercial | California
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