Quarterra Introduces Its Newest Multifamily Development with 355-Unit The Ansel Midrise Apartment Community in Frisco Market

FRISCO, TX – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated developer, property manager and asset manager, announced the start of leasing at The Ansel, its newest luxury community in the heart of Texas.
The Ansel, a mid-rise luxury community featuring 355 apartment homes, draws inspiration from its Ansel Adams namesake to make a tranquil connection with nature amid the spirited lifestyle of Frisco. With a canvas of green landscapes surrounded by sophisticated property features and downtown energy, residents of The Ansel have the opportunity to paint their own living experience.
“The Ansel was designed to invite in its natural surroundings while capturing a modern vibe through technological conveniences and thoughtfully appointed homes,” said Nick Jacob, Director, Texas Development for Quarterra. “Residents are ideally positioned to take advantage of everything Frisco has to offer, from high-end dining to boutique shopping, or tap into outdoor experiences through nearby parks and trail systems. We’re excited to welcome residents to this exceptional living experience and be an active part of this dynamic community.”
The Ansel puts residents just minutes from the retail opportunities at Legacy West, Stonebriar Centre, the Shops at Starwood, Frisco Bridges North and Preston Ridge U141. Nearby destination dining venues include Eddie V’s, III Forks, The Capital Grille, Trick Rider and Lombardi Cucina. Residents will find something for everyone at Grandscape, a local cultural hub featuring concerts, outdoor movies, children’s attractions, interactive entertainment experiences, shopping and dining. And football enthusiasts can revel in a day at The Star — the 91-acre world headquarters of the Dallas Cowboys — just minutes away and offering the ultimate fan experience.
Residents looking to soak in the Texas sun have plenty of options at nearby Cottonwood Creek Greenbelt, Frisco Mountain Bike Trail, Beavers Bend Trail, Arbor Hills Nature Preserve, Frisco Commons, The Rail District and Texas Sculpture Garden.
Situated at 4220 Tributary Way, The Ansel is just blocks from the Sam Rayburn Tollway (121) and 1.5 miles from Dallas North Tollway (DNT) – a 30.2-mile controlled-access route running from Interstate 35E near Downtown Dallas to U.S. Highway 380 in Frisco. It provides a direct commute to much of the Dallas-Fort Worth metroplex. Residents of The Ansel also have quick access to The Colony, a neighboring city to the south, and Plano, a larger city slightly farther south that is the corporate headquarters for several major companies. Top regional employers include Toyota, JP Morgan, The Star, Marriott, Hilton, Bank of America and Grandscape, as well as various healthcare providers and local municipalities. In addition to top quality Lewisville Independent School District schools, residents can find extensive coursework options at the University of North Texas, Collin College (Frisco campus), Amberton University and the University of Texas – Dallas.
The Ansel is composed of studio, one- and two-bedroom apartment homes, with spacious floor plans ranging from 588 to 1,384 square feet. Residents can choose from two designer color schemes to match their personal preference. Homes feature expansive kitchens designed for culinary creativity, accented by custom pendant lighting, quartz countertops, stainless steel appliances, undermount sinks with designer faucet hardware to blend functionality with modern elegance. Luxury vinyl plank flooring flows throughout the main living areas, while carpeted bedrooms include generous walk-in closets. Oversized windows provide ample natural light and bring sunsets and cityscapes into the home. Bathrooms include dual vanity sinks and stunning tile flooring and shower surrounds, combining durability with a timeless design. All homes come equipped with keyless entries, smart thermostats and USB outlets, while select units include gourmet kitchen islands.
Residents can recharge poolside and make a day of it with outdoor grilling stations. A state-of-the-art fitness center, modern recreation room, clubhouse with a social lounge, and plush pet park also offer ideal areas to unwind. The community is complete with EV charging stations in the parking structure, Parcel Hub package lockers and a designated bike storage area with a wash and repair center.
The Ansel is Quarterra’s fifth Texas community and its first venture into the Dallas/Forth Worth metroplex.

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Core Spaces Announces Growth in Build-to-Rent Market with 3,000 New Homes Operating and Nearly $1 Billion of Construction in Progress

CHICAGO, IL – Core Spaces, a vertically-integrated real estate developer, owner, and operator, is driving the expansion of Oxenfree, its flagship Build-to-Rent (BTR) brand. Core’s portfolio now encompasses nearly 3,000 homes across rapidly growing markets, including Dallas-Fort Worth, Denver, Nashville, Charlotte, Austin, Raleigh, and Florida’s Gulf Coast.
Notable milestones include the completion of Oxenfree WeHo in Nashville’s booming Wedgewood-Houston neighborhood, marking the brand’s first fully delivered community; and Oxenfree Princeton near Dallas now offering go-in ready homes and completed amenities. Four additional communities in Dallas and Denver are slated for pre-leasing this year.
Core’s innovative approach to development, design, and property management distinguishes its purpose-built BTR communities in the Oxenfree portfolio. Rooted in new urbanist principles, these neighborhoods prioritize walkability, communal spaces, and seamless integration with the surrounding environment. The residences, ranging from spacious single-family homes to stylish townhomes, boast sophisticated interiors, premium finishes, cutting-edge smart home technology, and private garages, elevating the living experience. Meticulously plotted green spaces and an array of high-end amenities, including resort-inspired pools, multi-functional fieldhouses, and state-of-the-art fitness facilities, foster a strong sense of belonging and community engagement.
“The housing landscape is changing, with supply challenges and shifting consumer needs,” said Cliff Payne, Chief Investment Officer of BTR at Core Spaces. “We believe our design-build approach can continue to help meet these needs through Oxenfree. As the Build-to-Rent sector grows, we’re focused on delivering quality living options and expanding our portfolio in a way that addresses the evolving housing market.”
Situated in Nashville’s vibrant Wedgewood-Houston neighborhood, Oxenfree WeHo offers 96 homes featuring three- and four-bedroom, multi-level townhomes, each equipped with a private garage. Residents delight in thoughtful amenities, including a resort-style pool and an expansive outdoor entertaining space with a lush amenity lawn. Oxenfree Princeton has go-in ready homes and is slated for full delivery of its 408 homes and townhomes in late 2025. Residents now have access to a wide array of premium indoor and outdoor amenities, including a resort-style pool, a communal clubroom fieldhouse, a sport court, and a state-of-the-art fitness center.
Several additional Oxenfree communities are advancing in the development pipeline and are targeting pre-leasing for late summer 2025 including three locations in Dallas-Fort Worth: Oxenfree Rowlett offering 158 single-family homes townhomes, Oxenfree West Oak offering 323 homes, and Oxenfree Stonebriar offering 95 townhomes along with Oxenfree Clear Creek in Denver, CO offering 116 duplex-style homes. Oxenfree Parklin in Charlotte, N.C. and Oxenfree Commerce City in Denver, CO are scheduled for delivery in 2026, further expanding Core s presence in key markets.
“At Core, our goal is to make lasting connections with our residents throughout their lives,” noted Dan Goldberg, President at Core Spaces. “Building on our experience in student and conventional housing, we’re now bringing our expertise in design and hospitality to the next chapter of their journey with Oxenfree. We see tremendous potential in single-family rentals to redefine the living experience and set a new benchmark for purpose-built communities that truly meet the evolving needs of our residents.”
Core s BTR portfolio draws on its established success in student housing. Its award-winning student portfolio consists of over 70 communities and over 49,000 beds across the country, with a pipeline of over 45,000 beds. With a winning track record in ground up development and property management, Core brings the same level of innovation, design, and hospitality to transform single-family, residential living.

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URS Capital Partners Completes $58.5 Million Acquisition of 288-Unit The Palms at Edgewater Apartment Community in Charleston Suburb

SUMMERVILLE, SC – URS Capital Partners has successfully bought The Palms at Edgewater, a 288-unit Class A multifamily community located in the rapidly growing Charleston suburb of Summerville, South Carolina. The $58.5 million transaction closed in under 60 days, showcasing URS’s ability to do efficiently in a time-sensitive environment.
Built in 2023, The Palms at Edgewater features a high-quality construction profile with modern amenities, strong in-place occupancy, and day-one cash flow. The property was bought at an attractive basis with positive leverage and long-term upside.
“We’re proud of the speed and precision our team demonstrated on this deal,” said Chris Urso, Managing Partner of URS Capital Partners. “In a volatile rate environment, we were able to secure 5-year fixed agency debt at 4.77%—a rare win, with timing on our side. That speaks to the strength of our lending relationships and discipline in underwriting.”
“Uncertainty makes windows of opportunity,” Urso continued. “We’re not retreating—we’re growing strategically, with fantastic partners by our side.”
Chris Gorman, Managing Director of Investments, added: “We’re excited to re-enter the Charleston market with a 2023 vintage asset that offers strong in-place cash flow at an attractive cost basis. It’s a fantastic example of our ability to stay patient yet go decisively when the right opportunity emerges.”
This acquisition is URS’s eighth since the beginning of 2024 and further reflects the firm’s continued strategy of leaning into market dislocation to capture long-term value.

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