CRANDALL, Texas, April 30,
2024 /PRNewswire/ -- Greystar Real Estate Partners,
LLC ("Greystar"), a global leader in the investment, development,
and management of real estate, including rental housing, logistics
and life sciences, announced today that Summerwell Wildcat Ranch,
DFW's first Summerwell-branded build for rent community, is now
open in Crandall, TX.
Summerwell is Greystar's dedicated build for rent brand focused
on developing purpose-built, single-family rental communities
across the United States. This
approach to build for rent adds single-family housing supply while
striving to deliver efficient and scalable communities in target
markets that need this product most.
"Kaufman County ranks among the
country's fastest growing counties, and the Wildcat Ranch master
planned community has been the center of gravity for that growth in
Crandall," Sam Moore, Sr. Managing Director, Investments
for Greystar said. "Summerwell Wildcat Ranch has beautiful homes
paired with top notch amenities, and we are excited to add a new
rental option to Wildcat Ranch and this rapidly developing
area."
Summerwell Wildcat Ranch is the only rental community in Wildcat
Ranch, one of the country's top selling master planned communities
owned and developed by PMB Capital Investments. Wildcat Ranch is an
expansive mixed-use master planned community that will ultimately
comprise more than 3,100 single family homes, two resort-style
amenity centers and two elementary schools.
Ideally situated between Interstate 20 and U.S. Highway 175,
Summerwell Wildcat Ranch offers a convenient 30-minute commute to
downtown Dallas and other
employment centers. Recreational opportunities are expansive with
access to the 4-mile long Dallas Off-Road Biking Association
(DORBA) Wildcat Ranch Bike Trail, Pecan Ridge Outdoor Center,
Rusted Rail Golf, Grill and Events, and RPM Speedway along with
plenty of restaurant options including Fired Up BBQ, Happy Days
Diner, Starbucks, Pupusas & Tacos to Go and more. Additionally,
H-E-B has a location planned in Forney, which is just a 15-minute drive
away.
The community will be comprised of 176 single family homes that
range from 1,311 sq. ft to 1,756 sq. ft. and include a fenced-in
backyard and two-car attached garage in every home. Smart home
technology offers high-speed internet access and includes
electronic locks and thermostats and dedicated ethernet ports in
the family room and bedrooms. The kitchens feature GE stainless
steel appliances, subway tile backsplash and white upper cabinets.
Further, luxury vinyl plank flooring and ceiling fans are featured
throughout the home.
Summerwell Wildcat Ranch features an elevated amenity center
that includes a clubhouse with reservable office space,
resort-style swimming pool with sun shelf, and turf lawn.
Additionally, the community offers a playground and dog park along
with the biking and hiking trails found within the neighborhood,
including the dedicated DORBA bike trail.
Greystar partnered with PMB on the development of Summerwell
Wildcat Ranch.
For more information, or to schedule a tour, please visit
www.summerwellwildcatranch.com.
About Greystar
Greystar is a leading, fully integrated global real estate
company offering expertise in property management, investment
management, development, and construction services in
institutional-quality rental housing, logistics, and life sciences
sectors. Headquartered in Charleston,
South Carolina, Greystar manages and operates more than
$275 billion of real estate in 238
markets globally with offices throughout North America, Europe, South
America, and the Asia-Pacific region. Greystar is the largest
operator of apartments in the United
States, manages more than 803,000 units/beds globally, and
has a robust institutional investment management platform comprised
of more than $74 billion of assets
under management, including nearly $32
billion of development assets. Greystar was founded by
Bob Faith in 1993 to become a
provider of world-class service in the rental residential real
estate business. To learn more, visit www.greystar.com.
About PMB Capital Investments
PMB Capital Investments is a privately held real estate
investment and development company based in Dallas, TX. With over 30 years of combined
real estate and capital markets experience, PMB has developed over
5,000 residential lots and over $750
million in direct real estate acquisitions. PMB has the
flexibility to invest across all real estate product types and in
equity, debt and/or mezzanine capital structures. The company
primarily targets major cities in the southwestern US with strong
population growth projections. To learn more, visit
www.pmbinv.com.
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SOURCE Greystar