Stoneweg U.S. announced the acquisition of Prose Frontier, soon to be rebranded as Prosper Crossings, in Collin County, Texas.
Developed by Alliance Residential and Carlyle, Prosper Crossings spans approximately 15 acres and features 10 three-story residential buildings alongside a state-of-the-art clubhouse and leasing office. The asset offers a balanced mix of one- and two-bedroom units, positioning it as an attainable living community that aligns with the workforce housing sector lifestyle.
Located in Collin County, Texas, a high-growth area within the Dallas MSA, Prosper Crossings serves a rapidly expanding population that has nearly doubled from 47,000 in 2020 to 85,000 in 2023.
As part of the Stoneweg U.S. strategic commitment to ESG, Prosper Crossings will see the incorporation of several environmentally conscious improvements including the installation of EV-charging stations, and a solar-array panel on the leasing office and clubhouse, to minimize the p
