Hillwood expands multifamily division
OtherHillwood Properties, the Fort Worth, Texas-based development firm owned by Ross Perot Jr., revealed a long-term strategy Tuesday to grow its multifamily subsidiary, which focuses on investment and development. Hillwood, best known for its sprawling 17,000-acre mixed-used development in the Dallas-Fort Worth region, plans to build 3,000 multifamily units at the site over the next 10 years, said Mark McHenry, an industry veteran tapped to lead the the effort. The AllianceTexas development already has zoning in place for more than 5,000 units, Hillwood said, putting it in control of more […]