Blackstone Affiliate Completes Makeover of 204 Dallas Affordable Housing Units

Blackstone Affiliate Completes Makeover of 204 Dallas Affordable Housing Units
News| January 29, 2026| Mike Boyd
Texas + Apartment Buildings

April Housing, Blackstone Real Estate’s affordable housing portfolio company, re-opened the West Virginia Park Apartments after renovating 204 units in an affordable housing community in Dallas, Texas.

Originally built in 2004, the community now features modernized one-, two-, and three-bedroom townhome-style apartments, along with revamped amenities, including the clubhouse and pool.

Renovations included:

  • Renovated kitchens and bathrooms, with new fixtures, energy efficient appliances and lighting throughout;
  • Replacing all hot water heaters and split systems with modern models;
  • Modernized community spaces, including two updated playgrounds, pool, and gym facilities; and
  • The installation of rooftop solar.

April Housing is one of the largest owners and preservers of affordable housing in the US. Since 2024, the company has successfully completed the preservation of more than 3,000 affordable homes across the country. Through the preservation program, Blackstone Real Estate has invested more than $255 million for upgrades and improvements for residents at these properties.

Other News

Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants

New York & Tri-State + Apartment Buildings

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...

Learn more

80-Unit Seniors Housing Development Opens in Suburban Chicago

Chicago & Midwest

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...

Learn more

312-Unit Multifamily in Indiana Changes Hands

Chicago & Midwest + Apartment Buildings

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...

Learn more
New call-to-action

Brokers

View All

Lenders

View All