(Read more on the multifamily market.)

DALLAS-With a $250-million pipeline at work, SNK Realty Group iseyeing a year-end groundbreaking on a 24-story condo tower in theheart of Uptown. The Phoenix-based developer has jump-started talkswith potential joint venture partners to meet the groundbreakingtarget.

SNK plans to lock in its joint venture partner before verticalwork begins on the 2500 McKinney Ave. block, bounded by Fairmount,State and Routh streets. "There are just a handful of candidatesthat we're negotiating with right now," SNK's founder and CEO HalWatson tells GlobeSt.com. He confirms that the buy-in opportunitywent on the desks of a select few rather than wage a full-blownsearch for an equity partner.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dallas/Fort Worth
Development
Multifamily
National