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Fine Line, Partners Plan $200M-Plus Pipeline

FORT WORTH-Fine Line teams with three developers to build a class A portfolio of 3,000 apartment units in the next three years for a build-and-sell investment strategy.

By Connie Gore | Updated on November 19, 2007

(Read more on the multifamily market.)

FORT WORTH-Fine Line Diversified Development is planning to build 3,000 apartment units within three years with three partners. The $200-million-plus pipeline is aimed at developing a class A portfolio for resale.

“We think in two to three years that apartment development is going to be a very attractive area to be in,” says William V. Boecker, president and CEO of the Fort Worth-based Fine Line Diversified Development. He tells GlobeSt.com that development partnerships have been struck with Hudgins Apartment Development Inc. of Fort Worth, Insight Real Estate Strategies Inc. of North Richland Hills and JB Sparks & Co. of Dallas.

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