Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Dallas-Fort Worth  + Apartments  | 
Kalterra, Rowan team up on 184-multifamily project

Waxahachie to Get Second Kalterra Rental Community

Kalterra Capital Partners is building a second multifamily development in the town with Rowan Properties. The Fitzgerald, a 184-unit apartment complex is just across the street from Park Place Apartments, which Kalterra built and sold to Rowan in May of 2021. Both companies hope to have the new project done by the summer of 2023. Rowan’s Mike Burch is confident the project will work out, “Waxahachie is a growing, vibrant market with strong demographics and a long-term future, and we expect the Fitzgerald to experience the same level success as Park Place.”

Like its predecessor, the new property will offer future residents nearby shopping, restaurant and recreational. opportunities. The Fitzgerald will consist of one and two-bedroom units with a pool and grilling stations. In addition, the project will include a volleyball court, fitness center and a movie theater/game room.

Kalterra Construction and Brownstone Construction are collaborating on the build, the fifth project the duo has worked on together.

Connect

Inside The Story

Mike Burch

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

Step 1: Select Education
  • ◦Sale/Acquisition
  • ◦Development
New call-to-action
AshcroftCapital-07-cube
NewPoint-07-cube