DALLAS, TX – Hunt Capital Partners announced the closing of West End Lofts, a $125 million mixed-income, mixed-use redevelopment located at 711 and 805 Elm Street in Dallas, Texas.
The project, led by Sycamore Development, will transform a large section of the iconic West End district into an innovative and pedestrian-oriented hub for housing and retail while preserving landmark examples of the area s architectural heritage.
West End Lofts will bring 154 new homes to the area through the adaptive reuse of a five-tale former furniture warehouse originally constructed in 1904, complemented by a new six-tale building. The development will also preserve and restore a five-tale building dating to 1925 that is thought to be the first parking garage constructed in Dallas.
Connecting the two buildings, a pedestrian plaza will bring thoughtfully designed green space to a part of Austin Street and to former surface parking space at 211 N. Austin Street.
“The West End has extraordinary bones, and these two buildings tell an vital tale about Dallas’ early commercial history,” said Zachary Krochtengel of Sycamore Development. “Our vision from the beginning was to honor that history through careful adaptive reuse while making a place that draws people back to the neighborhood every day. West End Lofts isn’t just housing; it’s a long-term investment in the vitality of this entire district.”
Upon completion, West End Lofts will offer:

154 residential units, including 63 income-restricted units serving households earning up to 30%, 60%, 70%, and 80% of Area Median Income and 91 market-rate units.
Common areas including a swimming pool and courtyard, dedicated co-working and meeting space, a rooftop lounge, a game room and fitness center, along with bike storage and a pet spa.
Ground-floor commercial spaces at 711 Elm and 805 Elm totaling more than 20,000 square feet.
Dedicated student learning space for school-age children, notary services, and tax services will be available to residents.

“West End Lofts is a strong example of what’s possible when the right financing structure comes together around a project with real community impact,” said Jeff Weiss, President of Hunt Capital Partners. “Our role as syndicator was to bring the tax credit equity, Federal Low Income Housing Tax Credits and Federal and Texas State Historic Tax Credits, to the table in a way that makes the economics work for long-term affordability and historic preservation. We’re proud to partner with Sycamore Development on a project that does both.”
Financing for the project includes construction and TIF bridge loans from Bank OZK. Permanent loan financing will be provided by Grandbridge. The City of Dallas has committed $49 million in Tax Increment Financing (TIF) support to the project, reflecting its role as a centerpiece of the city’s broader strategy to activate the historic West End, coordinate redevelopment around the West End DART light rail station, and align improvements with catalysts such as the reconstruction of the Kay Bailey Hutchison Convention Center. Hunt Capital Partners syndicated $19.5 million in Federal Low Income Housing Tax Credits, $7.9 million in Federal Historic Tax Credits and $9.8 million in certificated Texas State Historic Tax Credits.

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CHARLOTTE, NC – Sherman Residential bought Lemmond Farm, a Class A multifamily property in Charlotte, NC. Lemmond Farm is a 336-unit luxury apartment community located directly east of downtown Charlotte in the Bradfield Farms neighborhood.
Completed in 2020, the property transformed a multigenerational family farm, and the name pays homage to the prominent 18th-century Lemmond family settlers.
Situated at the intersection of Interstate 485 and Route 27, the property offers direct connectivity to major employment centers with access to more than 265,000 jobs within a 25-minute drive. Novant and Atrium have also chosen the intersection for medical centers, making Lemmond Farm an ideal location for healthcare professionals.
Lemmond Farm’s midrise property and its resident-focused amenities provide:

One- to three-bedroom apartments expanding to over 1,300 square feet;
A breathtaking lake house with floor-to-ceiling windows and a centerpiece fireplace;
Luxury apartment finishes, such as granite countertops and full basin sinks;
A resident clubhouse offering a mix of library and lounge designs;
Multiple outdoor kitchens for hosting and gathering fireside or poolside; and
Conveniences like in-unit washers and dryers, EV chargers, and a 24-hour gym with on-demand training programs.

On June 11, 2026, Sherman Residential bought the property. Its Chief Investment Officer stated: “We’re excited to add Lemmond Farm to our growing Charlotte portfolio — this acquisition brings us to approximately 1,000 units in the market, which speaks to our conviction in the submarket’s long-term fundamentals. East Charlotte continues to see strong employment growth and rising homeownership costs with limited new multifamily supply, which is exactly the supply-demand dynamic we look for. We look forward to bringing Sherman’s hands-on ownership approach to this community.”
With a dedicated team, they look forward to making a strong sense of community for their current and future residents.
Sherman Residential has been in the real estate business for over 100 years and currently owns assets in six states. The family-owned company is headquartered in north suburban Chicago.

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KNOXVILLE, TN – Capital Square, a leading sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities nationwide, has completed Livano Knoxville, a 348-unit, Class A multifamily community located in a qualified opportunity zone in Knoxville, Tennessee. Capital Square partnered with LIV Development as co-developer.
Livano Knoxville received its certificate of occupancy in October 2025, following the completion of the first of the development s two buildings, and has since begun leasing to residents. As of June 2026, the community is 74% leased and 57% occupied, tracking lease-up projections.
“Livano Knoxville reflects our vision for delivering quality housing in high-growth markets while making meaningful value for residents and investors, said Louis Rogers, founder and co-chief executive officer of Capital Square. This milestone underscores both the strength of the Knoxville market and the impact of thoughtful development.”
Located at 465 W. Blount Avenue, along the Tennessee River and directly across from the University of Tennessee s Neyland Stadium, Livano Knoxville includes studio, one-, two- and three-bedroom apartment homes averaging approximately 930 square feet. The community includes 35 workforce housing units reserved for residents earning up to 80% of the area median income (AMI). Residences feature wood-style flooring, stainless steel appliances, ceramic tile backsplashes and in-unit washers and dryers.
Community amenities include a resort-style pool, two-tale fitness center, coworking space, game day sky lounge with river and stadium views, and direct access to the Tennessee Riverwalk
Knoxville and the surrounding region have experienced strong demand for high-quality multifamily housing, and Capital Square is proud to deliver Livano Knoxville to meet that need, said Whitson Huffman, co-chief executive officer and chief investment officer of Capital Square. Opportunity zone investment is intended to drive economic growth. This project satisfies the goal of the opportunity zone legislation by making long-term economic growth.
Development of Livano Knoxville has been funded in part by Capital Square s eighth qualified opportunity zone fund, CSRA Opportunity Zone Fund VIII, LLC.
According to an economic impact study by FTI Consulting, construction of Livano Knoxville generated significant economic activity, including 635 jobs annually. The development produced a projected $2.9 million in state and local tax revenue during construction and is projected to generate $2.1 million annually through operations.
Livano Knoxville adds to Capital Square s growing multifamily development platform. Since its founding in 2012, Capital Square has bought more than 175 real estate assets on behalf of over 6,500 investors seeking quality replacement properties that qualify for tax deferral under Section 1031 of the Internal Revenue Code, along with others seeking stable cash flow and capital appreciation. The firm has become a recognized leader in opportunity zone investments and developments.

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