CURRENT PROJECTS

One Preston Station, Celina, TX

Sunbeam serves as Co-GP and Strategic Partner with J Street Companies in developing a Class A, 240-unit Apartment Community in Celina, Texas, DFW’s fastest-growing community. One Preston Station, featuring a unique mid-century-style service station as the leasing center, anchors the southern edge of the revitalized Celina Downtown. Property fully delivered 4Q23 and is currently undergoing absorption with well-above pro forma rents.

Createscape Coworking, Austin, TX

Sunbeam has provided both a debt and equity position in Createscape Coworking, one of Austin’s most unique coworking spaces since 2014. Createscape offers private offices, meeting rooms, open desks, dedicated desks, and membership levels with call rooms, kitchens, and outdoor spaces to serve approximately 150 members, all in an amenity-rich East Austin neighborhood.

Ventana at Valwood Apartments, Farmers Branch, TX

Sunbeam is a Limited Partner with Catalyst Equity Partners in the value-add 265-unit Ventana at Valwood Apartments in Farmers Branch, a northern suburb of Dallas. The property has performed remarkably well during the entirety of the Covid-19 pandemic, maintaining mid-90’s occupancy and >99% of Pro Forma NOI.

Mill Old Town, Lewisville, TX

Sunbeam is Strategic Partner and Co-General Partner with J street Companies for the current development of Mill Old Town, an urban-infill apartment community anchoring the revitalized downtown Lewisville, a large suburb of Dallas-Fort Worth. This elevator-served Class A apartment has 213-units that serve as the southern gateway to Main Street, just two blocks removed. Currently under construction, Building 1 is under lease-up with final completion of Building 2 in January, 2024.