Many developers nationwide have halted the construction of new multifamily projects, opting to retain their land holdings in anticipation of improved conditions in the capital markets before resuming new apartment developments. In contrast, Leon Capital Group, a Dallas-based holding company specializing in apartment ownership, management, and development, is moving forward ambitiously with its projects. The company plans to break ground on 900 units across the Dallas, Phoenix, and North Carolina metropolitan areas. Furthermore, Leon Capital Group intends to initiate three to four additional projects in 2024, collectively adding around 1,000 apartments, thereby contributing approximately 2,000 new units to the market this year.
