**JPI Secures $114M Construction Financing for New Grand Prairie Apartment Community**
JPI, in partnership with Anchor Loans, has closed on construction financing for Jefferson Southwest Parkway, a planned $114 million Class A garden-style apartment community in Grand Prairie, Texas. The development will be located at 4700 Lake Ridge Parkway and is slated for completion in 2027.
Jefferson Southwest Parkway will offer 439 multifamily units, including studio, one-, two-, and three-bedroom layouts. The community will feature upscale amenities such as a swimming pool, fitness center, dog park, and a spacious clubhouse.
Positioned between Dallas and Fort Worth, the community provides convenient access to major interstates and state highways, allowing for seamless connectivity across the Metroplex. Residents will also enjoy direct access to picturesque walking trails situated in the wooded area at the northern end of the property.
According to JPI, the company currently has nine apartment complexes under construction and has completed and sold more than 30 properties in Texas and California. Another JPI project, Jefferson Harlow, is also under development in Grand Prairie.
