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Debbie Lane Flats Multifamily Targets Families and Young Professionals
Arlington’s population is booming, especially as an entertainment destination, and the city has a lot of opportunity for new developments, especially those similar to Debbie Lane Flats, says Grant Morrow, VP of Central and Southwestern U.S. origination for Trez Capital. Trez recently announced the funding of an $8.7-million acquisition and development loan for Provident Realty Advisors’ new project, a 331-unit multifamily community in south Arlington.
The 17-acre Debbie Lane Flats development will include a large community center with fitness center and swimming pool, along with a large dog park when it opens later this year. This class-A apartment community is located within the boundaries of the Mansfield ISD area.
“We’re pleased to close our third transaction with Provident Realty Advisors, and we are confident their newest multifamily development will attract families and young professionals alike,” said Morrow.
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