Anthem Development Breaks Ground on 340-Unit Multifamily Project in Garland, Texas

by Taylor Williams

GARLAND, TEXAS — Dallas-based Anthem Development has broken ground on Lofts iThirty, a 340-unit multifamily project in Garland, a northeastern suburb of Dallas. The  community will consist of five four-story buildings with two pools, two fitness centers, a pet park, coffee bar, game room and outdoor kitchens. Construction is set to be complete in 2025. Los Angeles-based Nova Capital arranged $63 million in construction financing through Bank OZK for the project. Nova Capital also secured an undisclosed, institutional investment firm as the joint venture equity partner.

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