Resia Closes on Financing for Construction of its First Multifamily Community in Dallas

Resia (formerly known as AHS Residential) has closed on financing for Resia Dallas National, a 336-unit residential community located in Dallas. Fifth Third Bank and Pearlmark provided the construction financing for this project, which is one of several brand-new Resia developments as the company continues to develop throughout Texas. Resia Dallas National is located across from the Dallas National Golf Club. This is Resia’s first multifamily development in the Dallas-Ft. Worth market.

Resia Dallas National will deliver 336 units across eight three-story garden-style buildings. The project broke ground in December and is expected to be delivered in Q3 of 2023. Resia Dallas National will offer one-bedroom, two-bedroom, and three-bedroom floor plans. Apartments will feature modern finishes, stainless steel appliances, and in-unit laundry. Built with young professionals and families in mind, building amenities include assigned parking, business center, and a multipurpose clubhouse complete with a swimming pool and fitness center.

Resia is rapidly scaling up its development activities with the goal of delivering 8,000 new apartments annually by 2025. The company is on a mission to help solve the U.S. housing crisis by building quality apartments in growing metros where many renters are getting priced out by rising rents. A complete company rebranding, including a new name, was launched on May 26, 2022.