TPEG provides second round of funding for development of multifamily community in Bishop Arts

TPEG partnered with Urban Genesis in 2016 to develop, build, and operate Bishop Highline, a multifamily community of 118 units in the Bishop Arts District of Dallas, Texas. In November 2017, TPEG and Urban Genesis added a second phase that will increase the community to 256 units. TPEG provided $4.3 million in mezzanine and equity capital for the second phase and has now funded a total of $11.2 million for predevelopment, Phase I, and Phase II of this project.

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