ALLEN – Sovereign Properties is developing phase two of Dolce Twin Creeks, a 366-unit apartment community on ten acres on Junction Dr.
A 15,000-sf medical office building will be adjacent to the community, which will include a fitness center, resort-style pool, and business lounge.
Completion is set for fourth quarter 2020.
JLL Capital and BridgeInvest will provide a senior loan totaling $45.5 million to support construction.
Cottonwood Communities Inc. has also committed lending of up to $10 million.