DALLAS, TX - JPI, a leader in Class A multifamily development, in partnership with Anchor Loans, a Pretium majority-owned portfolio company, has closed on construction financing for Jefferson Southwest Parkway, a planned $114 million Class A garden-style apartment community located at 4700 Lake Ridge Parkway in Grand Prairie, Texas.
Slated for delivery in 2027, Jefferson Southwest Parkway will feature 439 multifamily units, including studio, one-, two-, and three-bedroom apartments. Residents will enjoy a suite of elevated amenities such as a resort-style pool, fitness center, dog park and large clubhouse.
Conveniently situated between Dallas and Fort Worth, Jefferson Southwest Parkway offers easy access to major interstates and state highways, ensuring seamless connectivity throughout the Metroplex. Residents will also benefit from direct access to scenic walking trails in the wooded area on the north end of the property.
“Jefferson Southwest Parkway reflects our commitment to delivering exceptional living experiences in one of the fastest-growing areas of North Texas,” said Mollie Fadule, Chief Financial and Investment Officer at JPI. “Through our partnership with Anchor Loans, we are able to bring this thoughtfully designed community to life, combining premium amenities and convenient access to Dallas and Fort Worth to create a vibrant home for future residents.”
“JPI’s depth of market knowledge and proven execution make them a best-in-class multifamily developer,” said JP Ackerman, Chief Revenue Officer at Anchor Loans. “Launching our multifamily lending platform with a partner of this caliber underscores our confidence in the sector and reflects a natural evolution of Anchor’s business, supported by Pretium’s broader housing platform. We’re pleased to provide a senior construction loan structured to align with the project’s business plan from construction through delivery.”
To stay up to date on Jefferson Southwest Parkway and other JPI construction milestones, visit www.jpi.com/insights
About JPI : JPI is a leading developer dedicated to transforming buildings, enhancing communities, and improving lives. With a commitment to excellence and innovation, JPI delivers Class A multifamily housing that exceeds expectations and fosters vibrant neighborhoods. By focusing on sustainable development and strategic partnerships, JPI continues to shape the future of community living while positively impacting communities nationwide. For more information about JPI and its portfolio of projects, please visit JPI.com.
About Anchor Loans: Anchor Loans, a Pretium company, is a private real estate lender with more than $22 billion in loans funded to date. As a financing partner to professional real estate developers, homebuilders, and investors, Anchor provides capital through its direct, broker, and institutional lending channels, supporting residential renovations, ground-up construction, and community developments nationwide.