FORT WORTH, TX – Full-service commercial real estate firm HPI Real Estate Services & Investments has acquired 55 acres of land in north Fort Worth, TX for the development of 829 multifamily and single-family rental units.

HPI purchased the property from the Dallas-Fort Worth-based, land brokerage firm Davidson Bogel Real Estate.

HPI plans to construct 636 multifamily units and 193 single-family rental units at the property, which is located on the southeast corner of Bonds Ranch Rd. and Blue Mound Rd. The development will offer clubhouses, resort-style pools, pickleball courts and walking trails. The single-family rental units will feature attached garages and yards.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.