Multiple Partners Collaborate on Unique Condo Vision

FLOWER MOUND, TX—Lakeside Tower, a 16-story condo tower overlooking Lake Grapevine, is now complete but its starting point was an exercise in persuasion, says Realty Capital Management LLC, master developer of Lakeside. However, once the vision unfolded, the partnership was sold on the concept.

“While the location of Lakeside Tower overlooking Lake Grapevine is extraordinary, the concept of a 16-story condominium in the suburbs of DFW was a difficult sell to the capital markets,” said Alex Brown, development partner for Realty Capital. “The financing of Lakeside Tower was a collaboration between multiple partners who could understand the unique nature of the property and share in our vision for this cornerstone of the Lakeside community.”