New 300-unit Dallas apartment community receives financing
Authors
Gréta Kieras
DALLAS, Aug. 11, 2026 – JLL Capital Markets announced today that it has secured a refinancing for Standard at Royal Lane, a newly constructed 300-unit Class A mixed-income multifamily community in Dallas, Texas.
JLL represented the borrower, LDG Development, LLC. The lender was TPG Real Estate Credit.
The Standard at Royal Lane, located at 2727 Royal Ln. in Northwest Dallas, features thoughtfully designed floor plans ranging from spacious one- to expansive four-bedroom layouts across 12.4 acres. Residents enjoy resort-inspired amenities including two swimming pools, dual 24-hour fitness centers, an immersive theater room, yoga studio and business center. The strategic Northwest Dallas location provides convenient access to the DART Light Rail station and I-35E, connecting residents to top employers, schools, shopping and entertainment throughout the metro.
Dallas-Fort Worth continues to demonstrate exceptional growth fundamentals as the fourth largest metro area in the country with 8.3 million residents. The region leads all metros with 595,332 projected new residents by 2030 and has attracted more than 222 corporate headquarters relocations since 2010. Within a five-mile radius of the property, average household incomes reach $148,164, while rental costs offer residents 161% savings compared to homeownership expenses.
Founded in 1994, LDG Development has developed over 25,000 units of quality housing across the Southeast including 59 communities totaling more than 12,000 units in Texas alone. The company is guided by the belief that everyone deserves a quality place to live and has worked to expand the definition of quality to provide resident services and programming that improves the outcomes in the areas of education and health for its residents.
JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Director Kyle Spencer, Senior Director Dan Kearns and Senior Analysts Christian Johnston and Aidan Flanagan.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
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About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.