Dallas/Fort Worth

DFW ranked in the top five for US population growth in 2017 and the metro area has a significantly higher percentage of its population in the 25 to 44 age cohort, a prime home buying demographic.

The two-story 65,000-square-foot building will be anchored by Spine Team Texas, one of the largest spine specialist practices in the metroplex, as well as a variety of clinics for Texas Health Resources.

Millennials prefer living in locations close to restaurants and entertainment rather than having large kitchens or living rooms for entertaining, and also make living choices motivated by price.

The intent is to increase the overall size of the multifamily portfolio during the next several years through strategic buildout of its robust development pipeline alongside opportunistic acquisitions.

Going with that trend of a preference for multifamily, lenders and investors continue to follow suit as a result, including the HUD financing for Hunter's Cove Apartments.

More tracts, pads and outparcels are in the works for a power center, the Shops at Broad, in this rapidly growing city of Mansfield that is part of the DFW metro area.

The property is located near JPI's headquarters in Irving in the heart of the Las Colinas master-planned community in the Dallas-Fort Worth region. Jefferson Riverside was developed and built by JPI in 2017.

Redevelopments are providing retail boosts for DFW such as the completion of Trinity Plaza, followed by a planned renovation for Trinity Valley, a Carrollton retail landmark with a newly opened WinCo Foods.