CORPUS CHRISTI, TX – Thompson Thrift Residential, a wholly-owned company of Indianapolis-based Thompson Thrift, announced the sale of The Retreat, a 324-unit multifamily community located in The District of Timbergate area of Corpus Christi. A private real estate investment firm bought the community for an undisclosed amount.
“The Retreat’s location within the highly acclaimed Corpus Christi Independent School District along with its premium access to nearby employers, retail and entertainment generated significant interest from multiple parties,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We are pleased to have been able to do our business plot and reach our investment goals for this community.”
Completed in 2017, the 96% leased community features 14 three-tale buildings providing 324 apartment homes with a variety of one-, two- and three-bedroom layouts. The well-appointed homes include granite countertops, nine- to 10-foot ceilings, full-sized washer and dryers, soaking tubs, private balconies and detached garages. The Retreat also provides an array of community amenities including a resort-style swimming pool, state-of-the-art fitness center, clubhouse, technology center, movie lounge, gaming den, parcel pending package acceptance, and onsite bark park and pet spa.
The community’s location at 15721 Timbergate Drive is close to Highway 358 and provides residents with convenient access to numerous retailers at the La Palmera Shopping District as well as major employers including the Port of Corpus Christi, First Data Corporation, Texas A&M, Bay LTD and Eagle Ford Shale.

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SAN ANTONIO, TX – Embrey has closed on land for the company’s second single-family rental development project, Collection Champions Circle. Located in Fort Worth, Texas, the 22.9-acre property will feature 276 one- two- and three-bedroom duplex-style homes.
Collection Champions Circle will be a master-plotted community that provides the privacy and neighborhood feel of a single-family home alongside luxurious shared amenities such as a clubhouse, resort-style pool and best-in-class on-site property management also provided by Embrey.
“Embrey’s single-family rental communities are the perfect option for renters who appreciate the lifestyle and convenience of a traditional apartment community while also providing many of the benefits of a single-family home,” says Jeremy Williams, Senior Vice President of Development. “This is a particularly attractive option for young families, pet owners and empty-nesters.”
Additionally, the development lies near a number of well loved employers including Charles Schwab, TD Ameritrade, Facebook and Amazon.
“Dallas-Fort Worth is one of the fastest growing multifamily markets in the country,” says John Kirk, Managing Director and Executive Vice President of Development. “The area’s strong economic and demographic momentum and high household income make it a prime location for this particular style of development.”
Embrey has partnered with a number of design consultants to make this project come to fruition, including W Partnership, Knight Fowler Millsap and Design Environments.
Construction is scheduled to start next month with completion expected in 2024. Embrey is the general contractor and will oversee construction on the project.

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CORPUS CHRISTI, TX – DLP Capital, a private real estate investment and finance firm, is excited to announce the buy of Harbor House on Saratoga, a 252-unit Corpus Christi apartment complex, located at 6225 Saratoga Blvd.
The property will be renamed DLP Saratoga and is conveniently located near multiple medical centers, schools, Naval Air Station-Corpus Christi Army Depot, and Texas A&M University-Corpus Christi. Additionally, the Corpus Christi International Airport and Corpus Christi CBD are approximately 10 miles from the property.
DLP Saratoga offers seven different floor plans ranging from 1, 2, and 3-bedroom units, and each unit features luxurious upgrades including stainless steel appliances, granite countertops, vinyl floors, and sleek fixtures that make a desirable modern look. Community amenities include a dog park, sparkling pool, clubhouse, fitness center, basketball court, media room/theater, grilling areas, and covered parking for most cars.
DLP Capital s acquisition of this complex is the latest of many Texas-based projects as the company continues to pursue providing natural, affordable workforce housing to families in the Corpus Christi area.
Investing in a property like DLP Saratoga aligns with our mission of providing housing solutions that are affordable for the local community, said DLP Capital CEO and Founder Don Wenner. Quality housing shouldn t be unattainable, and we hope to appeal to local military members, logistics workers, and students in the area that may be seeking a home closer to work and school.

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