The NRP Group and JPS Health Network Celebrate Opening of First Health and Housing Development in Texas with Thrive on Crawford

FORT WORTH, TX – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, announced the completion and grand opening of Thrive on Crawford, a 67-unit mixed-income development in Fort Worth, Texas. The majority of homes are reserved for families earning 30%, 50% and 60% of the Area Median Income (AMI), with seven market-rate units available. The development integrates high‑quality housing with access to essential health services to improve long‑term outcomes for residents. The development includes 2,200 square feet of Class‑A commercial space leased to JPS Health Network.
Thrive on Crawford was designed to go beyond traditional affordable housing – integrating wellness services, quality amenities and convenient access to healthcare into a single community, said Max Whipple, Vice President of Development at The NRP Group. As our first Health and Housing development in Texas, this development reflects The NRP Group s commitment to delivering thoughtful, high-quality housing in high-opportune cities.
Located at 1310 Crawford Street, adjacent to a key site in JPS Health Network s $2.1 billion bond program expansion, Thrive on Crawford is part of a broader vision to enhance healthcare services across Tarrant County. The new community provides essential housing options for healthcare workers, young professionals and families, offering an urban lifestyle close to boutique shops, restaurants and entertainment along Magnolia Avenue with direct access to I-35W.
“Thrive on Crawford is a prime example of how healthcare can extend beyond traditional clinical settings to address the determinants of health, said Karen Duncan, MD, MBA, President and Chief Executive Officer at JPS Health Network. Our partnership with The NRP Group demonstrates what is possible when healthcare systems and developers come together to build healthier communities.
The development features one-, two- and three-bedroom apartments with high-end finishes, accompanied by modern cabinetry and private patios with storage units. Amenities include a business center with individual work pods, 24-hour fitness center, luxurious lounge center with a cafe, communal laundry facility and an outdoor playground. Thrive on Crawford also offers comprehensive resident service programs onsite, including adult literacy workshops, financial training and youth afterschool and summer programs.
As housing and health become increasingly connected, developments like Thrive on Crawford play a critical role in enhancing the well-being of Tarrant County residents, said Dustin Austin, Board Chair of the Tarrant County Hospital District Public Facility Corporation. This community was built on the premise that affordable housing is foundational to healthier, more resilient communities and offers a unique opportunity for healthcare providers to engage directly with residents to support their overall well‑being.
Project financing was provided by J.P. Morgan Chase and Berkadia, along with a tax credit equity investment through an investment fund managed by Red Stone Equity Partners. Additional financing was provided by the Near Southside Financing Zone TIF and Texas Department of Housing and Community Affairs. Wynne Jackson and Servitas helped co-develop the community
Thrive on Crawford is raising the bar on community redevelopment by providing housing, health services and opportunities to families in Tarrant County,” said Annette Reschke, Executive Director of J.P. Morgan Community Development Banking. “We are proud to support this vision, ensuring residents have access to affordable housing and vital healthcare services in a community designed for long-term success.
This health and housing collaboration not only allows JPS and other local healthcare professionals the opportunity to live within the communities they serve, but also provides residents with immediate access to vital services such as primary care, pediatric, behavioral health, orthopedics, cardiology and oncology.
Thrive on Crawford marks The NRP Group s fourth Health and Housing development. The Dallas metro area remains a priority market for The NRP Group. The firm has developed over 6,000 units across 27 properties in the region and previously broke ground on a new affordable housing development, The Fielder, in Mesquite.

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The Milestone Group Completes Acquisition of 266-Unit Legends at Laurel Canyon Apartment Community in North Atlanta Suburb of Canton

CANTON, GA – The Milestone Group announced the acquisition of Legends at Laurel Canyon, a 266-unit, garden-style apartment community located in the rapidly growing North Atlanta suburb of Canton, GA. The buy price was not told.
“Legends at Laurel Canyon represents a compelling opportunity to buy a high-quality, newer vintage asset in one of metro Atlanta’s fastest-growing submarkets,” said Milestone Managing Director of Acquisitions, Jason Wise. Cherokee County has grown over 12% in the last five years and is expected to grow an additional 51% by 2050.
Canton is in the northern suburbs of Atlanta in Cherokee County, where more than 62,000 residents and close to 30,000 jobs have been added over the last decade. The community offers immediate access to a Publix-anchored shopping center and is proximate to more than three million square feet of retail, dining, and lifestyle amenities within a five-minute drive. Brilliant connectivity to major employment centers, state-of-the-art healthcare facilities, highly rated schools, and an abundance of recreational resources enhance the attractiveness of the area.
Legends at Laurel Canyon offers large floorplans averaging 1,227 square feet and features an expansive clubhouse, fitness center, resort-style saltwater swimming pool, and convenience amenities, including Amazon Hub Lockers, a car care center, bike racks, and a pet park and spa within the gated community. One-, two-, and three-bedroom units feature gourmet island kitchens, quartz countertops, and ceramic-tiled backsplashes, along with Nest thermostats and wood-style flooring in sunlit units with 9-foot ceilings.
Wise added, “The property’s location benefits from favorable long-term supply-demand fundamentals and was bought at a significant discount to replacement cost through assuming attractive existing financing. This acquisition offers downside protection with substantial upside potential in a market exhibiting the kind of structural growth fundamentals we are actively seeking.”

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Altus Equity Group Expands Footprint with Acquisition of Two Multifamily Communities Totaling 279-Units in Lubbock, Texas

LUBBOCK, TX – Altus Equity Group completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, reinforcing the firm’s continued investment activity as it actively deploys capital amid ongoing uncertainty across the real estate capital markets.
The off-market transaction reflects Altus’ disciplined approach to identifying cash-flowing assets with strong in-place performance and financing structures that provide flexibility across market cycles.
“This acquisition is consistent with how we approach investing—prioritizing durable operations, downside protection, and the ability to adapt as market conditions evolve,” said Andy Eicher, Senior Vice President of Investments at Altus Equity Group. “We remain active in sourcing and executing opportunities where pricing, operations, and capital structure align.”
The portfolio consists of two adjacent communities—Bentwood Apartments and Bend at Bentwood Apartments—located along Loop 289 near major retail and employment centers. At closing, the properties were approximately 99% occupied and financed with long-term, fixed-rate assumable debt. No renovation program is plotted.
The transaction capped an active year for Altus. In 2025, the firm bought eight multifamily properties across West Texas, expanded into small-bay industrial with a 160,000-square-foot acquisition in the Dallas–Fort Worth Metroplex, and launched the Altus Secured Income Fund. The firm expects to continue its acquisition activity and further expand its investment platform in 2026.

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