Zale Properties has secured a construction loan of $49.9 million to fund the development of The Grove at La Frontera, a 336-unit apartment complex in Arlington. JLL Capital Markets, led by John Brownlee, arranged the four-year fixed-rate note through Principal Asset Management.
The project is expected to be completed in spring 2025 and will feature two swimming pools, a fitness center, coworking spaces, pickleball courts, community garden and dog park among other amenities. Additionally,a retail space of 10