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

November 6, 2017

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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