**Texas People & Companies – August 28, 2025**
**Granite Properties Announces Promotion**
Granite Properties has promoted Carson Dennis to Director of Investments. Dennis will be responsible for evaluating, coordinating, and executing new investment opportunities, focusing on highly amenitized Class A+ office acquisitions and developments across leading submarkets in Sun Belt cities. In his expanded role, he will also support efforts to raise capital for the company’s diversified investment strategy.
**Humphreys & Partners Architects Unveils New Leadership**
Humphreys & Partners Architects has announced a new leadership structure. Robin Bellerby has been appointed Chief Architecture Officer, bringing 30 years of multifamily and leadership experience to the position. Chelsea Dora-Shibley has taken on an expanded role as Chief Interior Design Officer while continuing as President of HPA Design Group. Additionally, Brad Tillett has been named Chief Operating Officer.
**Newmark Facilitates Sale of Austin Multifamily Asset**
Newmark has arranged the sale of Nichols Park Apartment Homes, a 200-unit value-add multifamily property located at 5001 Convict Hill Road in southwest Austin. The seller, Austin-based Thrive FP, was represented by Newmark’s Jim Young, Patton Jones, Andrew Dickson, and Matt Michelson. The property was acquired by an undisclosed buyer.
**Texas Leads Nation in New Apartment Construction**
A recent RentCafe survey ranks Texas first in the nation for new apartment construction, with more than 81,400 rental units projected to be delivered in 2025. Dallas tops the list of Texas cities, expected to contribute 5,778 units. Fort Worth and McKinney follow with 3,793 and 2,000 units, respectively. The Dallas–Fort Worth metro area is projected to deliver a total of 28,958 new apartments by year-end.
**Industrial Development Planned in Irving**
A 6.84-acre site at 4250 North Belt Line Road in Irving has been sold and is slated for redevelopment into a 118,032-square-foot Class A industrial facility. Foundry Commercial and Crow Holdings acquired the asset from seller RM Crowe, with Newmark brokering the deal.
