FORT WORTH, TX – Tradition Senior Living, LP, a privately-owned, developer and operator of high-end senior living communities in Texas, announced the groundbreaking of The Tradition-Clearfork in Fort Worth. The new luxury, rental retirement community will offer residents exceptional amenities and services and is the most recent residential option to the Clearfork mixed-use development.
Located on approximately 6 acres along the Trinity River with miles of walking trails, the nine-tale independent living community is being constructed at 5755 Clearfork Main Street. A five-tale helped living and memory care community, located on the same site, will front 3033 Acme Brick Plaza. A soft opening is scheduled for spring 2023, with final completion slated for summer 2023.
Ideally situated in the heart of Fort Worth, The Tradition-Clearfork marks a new phase of residential growth in the 270-acre Clearfork mixed-use development, which includes the well loved Shops at Clearfork, exciting dining and entertainment, living and office destinations, and ample green spaces.
“We are very excited to partner with the Edwards family in one of my favorite Texas cities,” said Jonathan Perlman, Sr., Founder and CEO of Tradition Senior Living, LP. “Our Houston and Dallas locations have loved tremendous success, and our residents are very proud to call The Tradition their home. We look forward to providing our residents with a lifestyle and community that takes advantage of this incredible location.”
The Tradition-Clearfork is the fifth community developed by the family-owned, Texas-based company, which was founded by Jonathan Perlman, Sr. and now includes his sons Jonathan Jr. and Holt Perlman, who are integral members of The Tradition executive team.
Featuring resort-style living with ultra-inclusive services, for which The Tradition will be home to 214 large one- and two-bedroom independent living residences with private balconies, 95 one- and two-bedroom helped living and memory care residences, and three furnished suites for residents’ overnight guests. Units range from 880 square-feet to 2,200 square-feet. At Clearfork, The Tradition will continue its more than eleven years of successfully operating strictly as a rental community with no large buy-in fee. Residents will have access to 24-hour concierge, valet, secure parking, and transportation options. Elegantly decorated, light-filled common areas will include lounges, card rooms, a movie theater, and common areas for daily social activities and wellness programs. Restaurants will offer chef-driven a la carte menus, a refined wine list, and signature cocktails. Comprehensive fitness areas will include an indoor pool, a weight room, and a group-exercise room for classes taught by in-house fitness instructors. Outdoor areas will feature lush landscaping, ample gathering areas, and a dog park. Security features include IP cameras, an electronic visitor management system, an access-controlled garage, and an innovative emergency response system. But the community’s most underestimated security amenity will be the natural gas generators that provide electrical backup for the entire community.
Conveniently located near the Texas Health Medical Center, The Tradition-Clearfork is two miles west of Texas Christian University, two miles south of Westover Hills, and a small drive to downtown Fort Worth.
Jackson & Ryan Architects is the architect of record and Rogers-O’Brien Construction is the general contractor.

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NASHVILLE, TN – San Francisco-based real estate firm Hamilton Zanze (HZ) has bought the 228-unit The Retreat at Arden Village in Columbia, Tennessee. This represents HZ’s seventh acquisition in Tennessee and sixth in the Nashville metro area.
The community, built in 2007 with additions in 2018, is located 40 miles south of Nashville, which benefits from a well-established economy driven by a dynamic private sector and a qualified workforce. Nashville is also home to several Fortune 500 companies and top regional universities like Vanderbilt University.
“The Retreat at Arden Village offered an attractive opportunity to buy a quality asset in a very strong submarket within the Nashville MSA,” said David Nelson, Hamilton Zanze’s chief transactions officer. “The property features a contemporary vintage, robust amenity package, and prime location near fantastic job drivers which will provide our residents with the quality of life offered in Nashville’s growing urban core. Being that this is now our seventh acquisition in the state of Tennessee and sixth in the Nashville metro, we are excited about our continued growth in the region.”
The Retreat at Arden Village is located at 2477 Palomar Circle and was 97.0% occupied at buy. The 228 units average 1,080 square feet with seven different floor plans. Community amenities include an indoor fitness center, business center, clubhouse, resort-style pool, dog park, billiards room, and an outdoor entertainment kitchen with grills. Unit amenities include granite countertops, large closets, hardwood floors, and full size in-unit washer and dryers.
Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.

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KATY, TX – Walker & Dunlop announced that it completed the sale of Vineyards, a 369-unit, garden-style community in Katy, Texas. Built in 2003, the property is within the Houston metropolitan area and has significant value-add potential.
Walker & Dunlop’s Houston Multifamily Investment Sales team represented the seller, Preferred Apartment Communities in the transaction to the buyer, Knightvest Capital. Director Scott Bray and Managing Directors Ryan Epstein and Jennifer Ray, effectively communicated the property’s investment benefits, including its long-term stability, future rent growth, and value appreciation.
“Thanks to its ideal location within the Katy submarket and Katy’s top-ranked school district, Vineyards was an brilliant investment. The property also had strong month-to-month performance, which has maintained momentum throughout the pandemic,” commented Bray. “With nearly all of the units in original condition and the strong occupancy at the asset, Vineyards is well-positioned for a value-add strategy through an interior unit renovation program.”
Mr. Bray added, “Vineyards presented a wealth of attractive attributes for our clients who were looking to invest in the Houston multifamily market. We’re certain that Knightvest will continue to maximize the property’s value.”
Vineyards’ proximity to Interstate 10, Highway 6, and the TX 99 Grand Parkway affords convenient access to the city’s highest income employment centers. These include the Central Business District, Westchase District, and the Energy Corridor, which are home to many corporate headquarters and local businesses. Additionally, residents of Vineyards are within minutes of many dining, shopping, and entertainment options. With large unit sizes, plenty of green space, and unparalleled schools in the area, the community is highly desirable for residents seeking a live, work, and play environment.

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