The Broe Group's Billion-Dollar Multifamily Portfolio Expansion Continues with 22-floor Luxury Dallas Tower Acquisition

The 2024 Dallas multifamily project of the year joins last's month's $148M acquisition of San Diego's 2023 multifamily project of the year in The Broe Group's premier real estate portfolio

DALLAS, Nov. 12, 2026 /PRNewswire/ -- Broe Real Estate Group (BREG), the real estate affiliate of the multi-billion-dollar Colorado investment firm The Broe Group, has acquired Maple Terrace Residences in Uptown Dallas. The 22-story, 345-unit Class AA luxury apartment building opened in August 2024 and earned CoStar's multifamily project of the year. Maple Terrace Residences is part of the new mixed-use project rising above the iconic 1925 Dallas landmark, connected by a 10,000-square-foot outdoor courtyard. The all-cash transaction was completed in 60 days. JLL's Capital Markets Investment Sales and Advisory Team represented the seller in the transaction.

"Maple Terrace combines exceptional location and unparalleled luxury with quintessential Dallas living," said BREG Senior Vice President of Investments Milan Gutesha. "There's a reason that global financial institutions, world class corporations, and distinguished professionals all choose Uptown and Maple Terrace is the ideal entry to this exceptional submarket."

Located at 3003 Maple Avenue, Maple Terrace Residences provide easy access to the Katy Trail and Park Cities, with exceptional walkability to Uptown's best dining and entertainment options. Maple Avenue has become one of the city's top culinary districts with award-winning restaurants such as Mamani, Catch Dallas, Nick & Sams, Élephante Dallas, and Nuri.

"Maple Terrace is a tremendous addition to Broe's award-winning multifamily communities," said BREG Executive Vice President of Portfolio Management Brian Chen. "Location, luxury, and quality guide our portfolio growth, and Maple Terrace Residences epitomize the exceptionally high luxury living standards that define our multifamily portfolio."

Uptown is the economic engine of Texas. With its high concentration of Class A office spaces, Uptown Dallas maintains a 98% employment rate and a vibrant, high-earning talent pool. Paced by a 23% surge in its dynamic financial sector since 2020, Uptown financial workers now comprise a greater share of the city's workforce than New York City. Industry giants with major Dallas offices include Bank of America, Bain & Company, Deloitte, Ernst & Young, Goldman Sachs, JP Morgan Chase, McKinsey & Company, Morgan Stanley, PwC, and Texas Stock Exchange.

Founded in 1972 by industrialist Pat Broe, The Broe Group manages an $8 billion portfolio of multifamily, commercial, industrial, and rail assets. The Broe Group has existing rail and real estate holdings in Texas, yet this acquisition marks its entry into the Dallas multifamily market.

About Broe Real Estate Group

Broe Real Estate Group, an affiliate of The Broe Group, acquires, develops, and manages commercial real estate assets. Affiliated companies own and manage office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group has a 50-year history of value-add real estate investing in Colorado and across the United States. We improve value through focused business plans that increase cash flow and create stable income streams. Additional information is available at broerealestate.com

About The Broe Group

Founded in 1972, The Broe Group is a private, multi-billion-dollar investment group with diversified holdings in real estate, rail, infrastructure, energy, agriculture, water, healthcare and technology throughout 41 North American states and provinces. Its deep operational knowledge derived from owning and operating multi-billion-dollar businesses and the global economic insights gleaned from serving its vast Fortune 500 clientele are strategic differentiators. The Broe Group's entrepreneurial focus enables it to find true value wherever it resides. For more information, visit broe.com.

SOURCE Broe Real Estate Group