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Wood Partners hopes to beat supply pressure with moderately priced Texas apartments

Demand for middle-rent developments has more than doubled this year, analysis says
Altera Rayzor Ranch in Denton, Texas, is expected to add to Wood Partners' portfolio of mid-priced apartments with construction underway across markets in Florida, Georgia, and North Carolina. (Wood Partners)
Altera Rayzor Ranch in Denton, Texas, is expected to add to Wood Partners' portfolio of mid-priced apartments with construction underway across markets in Florida, Georgia, and North Carolina. (Wood Partners)
CoStar News
October 23, 2024 | 8:07 P.M.

Developer Wood Partners is extending its bet on moderately priced apartments in Texas with a new addition to the company’s Altera line in Denton, Texas, a suburb of Dallas.

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