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Transactions - SEPTEMBER 9, 2020

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Greystar, Carlyle to develop 55+ active adult community

by Released

Greystar Real Estate Partners with its partner The Carlyle Group has plans to develop Album Keller Ranch, a new 55-plus active adult community designed to provide residents the best of carefree living at a great value.

The 180 apartment active adult community, located in Fort Worth, Texas, is expected to open Spring 2021. The Album brand joins Overture and Everleigh, two other active adult brands by Greystar.

“Album was created in response to a growing demand for the freedom and convenience of modern active adult rental living at a moderate monthly cost,” said Jackie Rhone, executive director, Greystar Active Adult Apartment Homes. “Our new Album brand combines all we have learned as the leader in this rapidly growing style of living including the desire for freedom and flexibility as well as peace of mind. With Album, we have created the perfect place to call home and provide the foundation and resources for residents to come together and build their unique comm

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