JLL Secures Refinancing for 300-Unit Class A Multifamily Community in Dallas for LDG Development
JLL Capital Markets has arranged a refinancing for Standard at Royal Lane, a newly constructed 300-unit Class A mixed-income multifamily community located at 2727 Royal Ln. in Northwest Dallas, Texas, the firm announced Aug. 11, 2026.
JLL represented the borrower, LDG Development, LLC. TPG AG Real Estate provided the refinancing loan. Financial terms of the transaction were not disclosed.
Property and Amenities
Standard at Royal Lane sits on 12.4 acres and offers floor plans ranging from one- to four-bedroom layouts. The community includes amenities such as two swimming pools, two 24-hour fitness centers, a theater room, a yoga studio, and a business center.
The property's Northwest Dallas location provides access to the DART Light Rail station and Interstate 35E, connecting residents to employment centers, schools, retail, and entertainment across the metro area.
JLL Capital Markets Team
The JLL Capital Markets Debt Advisory team representing LDG Development was led by Managing Director Kyle Spencer, Senior Director Dan Kearns, and Senior Analysts Christian Johnston and Aidan Flanagan.
About the Developer
Founded in 1994, LDG Development, LLC has developed more than 25,000 units of housing across the Southeast. The company has 59 communities totaling more than 12,000 units in Texas alone. LDG has stated that its mission centers on expanding access to quality housing and providing resident services and programming aimed at improving outcomes in education and health.
Dallas-Fort Worth Market Context
Dallas-Fort Worth is the fourth-largest metro area in the United States, with 8.3 million residents. The region is projected to add 595,332 new residents by 2030 and has attracted more than 222 corporate headquarters relocations since 2010.
Within a five-mile radius of Standard at Royal Lane, average household incomes reach $148,164. Rental costs in the area offer residents 161% savings compared to homeownership expenses, a figure cited in support of near-term renter demand in the submarket.
The transaction reflects continued lender interest in recently constructed, well-located multifamily assets in high-growth Sun Belt markets, even as investors remain selective about rent growth and near-term supply dynamics across the broader Dallas-Fort Worth apartment market.
About JLL Capital Markets
JLL Capital Markets is a global provider of capital solutions for real estate investors and occupiers, offering services including investment sales and advisory, debt advisory, mergers and acquisitions, loan sales, equity and fund placement, net lease, derivative advisory, and energy and infrastructure advisory. The group has more than 3,000 specialists in offices across nearly 50 countries.
JLL (NYSE: JLL) reported annual revenue of $26.1 billion and operates in more than 80 countries with a global workforce of more than 112,000 as of June 30, 2026.
Sources: JLL Newsroom