Holt Lunsford Commercial (HLC) recently launched HL Communities and The Renegade in Denton, Texas. This is the official launch of HL Communities, HLC’s multifamily development and construction arm.
The Renegade is a Class-A, 4-story, 120,000-square-foot multifamily development with 104 units at 260 W. Mulberry St. Construction began in February 2025 with project delivery anticipated for Q2 2026.
The Renegade will feature a clubhouse, fitness facility, study areas, pet recreation area, and landscaped courtyard spaces, all within walking distance of Denton’s Historic Downtown Square. The development is within a one-mile radius of a handful of universities, including the University of North Texas.
HL Communities operates three distinct product lines: Infill Boutique communities like The Renegade for urban centers, Suburban Garden-Style developments adjacent to major job generators, and Suburban Wrap projects offering high-density living around structured parking and amenity-rich courtyards.
Archon Corporation is serving as the project architect and design consultant. Harmony Bank as the construction lender.
Curious how Texas’ surging economy, population growth, and shifting demand are shaping multifamily investment in 2025? Don’t miss the Texas Market Outlook discussion at Connect Texas Multifamily, where the top experts break down regional trends, key indicators, and actionable strategies to help you stay ahead—register now to gain the edge: www.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas
Marcus & Millichap says higher rates are extending renter tenure as apartment fundamentals improve The Federal Reserve initiated a rate hike in September. As of Oct. 8, the 30-year fixed-rate mortgage stood at 7.4%, up from 6.3% a year ago. Higher mortgage rates are making homeownership increasingly difficult, as if it wasn’t already. A recent...
Learn more
Rockland Trust is providing a financing package of $7.4 million to Father Bill’s & MainSpring for the development of a new 24-unit affordable housing community at 150-156 Quincy St. in Quincy, MA. The Quincy Street Apartments project will transform the site into a multifamily residential community designed to expand access to housing in a region...
Learn more
Northmarq’s El Segundo Investment Sales team led by Brent Sprenkle, in collaboration with the firm’s Los Angeles office led by Elliot Hassan and Mike Hanassab, brokered the $5.25-million sale of Vanowen Apartments, a 24-unit low-rise multifamily community located at 15022 Vanowen St. in Van Nuys. The Northmarq team represented the seller, David H. Greenhut. The buyer...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Avison Young - CA - ON - Greater Toronto
California
California