A senior development that was developed and built under the 9 percent HTC program in Terrell, Texas as part of a 128-acre PUD that was acquired and developed by us. These 72 low-density, single-story apartment homes were leased up rapidly, producing a waiting list of over 200 seniors, which triggered the development of the 180-unit Phase II. To learn more about Terrell Senior Terraces please click here.
Responding to an overwhelming demand for additional senior apartment homes in Terrell, Texas, Phase II was developed, built, and leased up as an additional 180-units that sit adjacent to its 72-unit Phase I. These 252 apartment homes, Terrell Senior Terraces, now enjoy the reputation as "the nicest senior living built to date for North Texas’ most experienced generation.” They also have a waiting list on all apartments on both 252 apartments up to 5 years out depending on the apartment. To learn more about Terrell Senior Terraces, please click here.