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The Mark at Denton Apartments

Project Type: New Construction
Asset Class: Multifamily

Whereas several proposed projects were paused or cancelled during the pandemic, The Mark at Denton was approved for $6.5M in C-PACE financing in April 2020. The resort-style complex offers 316 units in one-, two- or three-bedroom configurations featuring high-end finishes and top-of-the-market amenities.

Impact

The inclusion of a C-PACE assessment on this development enabled Denton County to further its sustainability and economic development goals while reducing strain on the Texas power grid. The improvements are expected to reduce the property’s annual electricity and water usage by 13% and 30%, respectively.

apartment complex