Broe Real Estate Group Acquires 22-Story Apartment Tower in Uptown Dallas
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Dallas-Fort Worth continues to absorb the largest multifamily delivery pipeline in the country. Industrial along the I-35 corridor is clearing at competitive basis, and selective office is finding bids at deep discounts to replacement. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 50th Dallas story tracked on the wire in November 2026. All Dallas coverage →
- Disclosed multifamily deal value tracked in November 2026: $13.3B across 61 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
DALLAS — Broe Real Estate Group has acquired Maple Terrace Residences, a 22-story, 345-unit apartment tower in Uptown Dallas. A partnership between Houston-based Hines, Mitsui Fudosan American and McNair Interests dev…
External link. Real Estate Trail does not republish source content.
Related coverage — Dallas · Multifamily
Broe Real Estate Group Acquires 22-Story Luxury Apartment Tower in Uptown Dallas
DALLAS — Broe Real Estate Group (BREG) has completed the acquisition of Maple Terrace Residences in Dallas. JLL Capital Markets brokered the transaction, representing the seller. The sales price was not disclosed. Ope…
Crescent Completes 146-Unit Melissa BTR Community
Crescent Communities opened HARMON Melissa, a new 146-unit rental community offering townhome living in Melissa, Texas, one of North Dallas’ fastest-growing towns. Residents can choose from nine distinct three- and fo…
Larkspur Capital Begins Leasing 219-Unit Multifamily Project in Dallas
DALLAS — Locally based developer Larkspur Capital has begun leasing The Juniper, a 219-unit multifamily project in Dallas. The site is located within a Qualified Opportunity Zone at 4003 Commerce St. in the Exposition…
Cushman & Wakefield Negotiates Two Office Leases Totaling 20,155 SF in Downtown Dallas
DALLAS — Cushman & Wakefield has negotiated two office leases totaling 20,155 square feet at 400 Record St. in downtown Dallas. The deals are for a 13,447-square-foot renewal with Republic Property Group and a 6,708-s…
Baylor Scott & White Provides Updates on $240M Healthcare Expansion Project in Waxahachie, Texas
WAXAHACHIE, TEXAS — Baylor Scott & White has provided updates on a $240 million healthcare expansion project in Waxahachie, a southern suburb of Dallas. Baylor Scott & White Medical Center – Waxahachie is a 52-acre ca…
HLCI Breaks Ground on 191,768 SF Industrial Project in Northwest Houston
HOUSTON — Holt Lunsford Commercial Investments (HLCI), the investment and development arm of the Dallas-based brokerage firm of the same name, has broken ground on The Bend at 249, a 191,768-square-foot industrial pro…