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Rosewood Property-led group begins work on hundreds of apartments in North Texas

Nearby office leased by Toyota helped with securing financing for apartment project
Construction has begun on this apartment project, called Penrose, in a move expected to bring hundreds of homes to Frisco, Texas. (Hensley Lamkin Rachel Inc.)
Construction has begun on this apartment project, called Penrose, in a move expected to bring hundreds of homes to Frisco, Texas. (Hensley Lamkin Rachel Inc.)

A Texas real estate developer has begun work on a high-end apartment property adjacent to a new mass-timber office building in a growing Dallas-area suburb.

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