Resia (formerly known as AHS Residential) announces it has closed on construction financing for a 322-unit apartment community located in the Dallas-Fort Worth area. Regions Bank provided the construction financing for this project, which is one of several brand-new Resia developments as the company continues to develop throughout Texas. This is Resia’s second multifamily development in the Dallas-Fort Worth market. The project broke ground in Q1 of 2022 and is expected to be delivered in Q2 of 2023.
Located at 3130 Heritage Trail, the new Resia apartment community will deliver 322 units across two seven-story mid-rise buildings. With one-bedroom, two-bedroom, and three-bedroom floor plans, all apartments will feature modern finishes, stainless steel appliances, and in-unit laundry. Resia communities are built with young professionals and families in mind and include desirable amenities like assigned parking, business center, and a multipurpose clubhouse complete with a swimming pool and fitness center.
Resia is rapidly scaling up its development activities with the goal of delivering 8,000 new apartments annually by 2025. The company is on a mission to help solve the U.S. housing crisis by building quality apartments in growing metros where many renters are getting priced out by rising rents.
