Gray Branch

COMPLETED APRIL 2020

300 UNITS

www.graybranchapts.com

Gray Branch Luxury Apartments is a development off US-380 (University Drive) and Ridge Road in McKinney, Texas. The 15-acre site is across the street from McLure Elementary School and close to major employers such as Baylor Scott & White Medical Center and Raytheon Corporation.  The project features all two-story buildings. The strong sponsor group includes Cross Development Group, Cross Architects, NE Construction as well as Kalterra.  The project is capitalized by a HUD 221(d)(4) loan and a syndicated equity raise.