AEW acquires 300-unit The Casey at Frisco Station from Hillwood

  • 6/24/2025

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After utilizing a $51.3 million construction loan to build a 300-unit rental property in Frisco, Hillwood sold the project to AEW Capital Management. Commercial Edge reported that Comerica Bank originated the debt.

JHP Architecture designed the five-story building. The units comprise studio, one-, and two-bedroom layouts, averaging 902 square feet. The Casey features coworking spaces, a gym, conference rooms, and a swimming pool, among other amenities.

AEW Capital Management
Tom Mullahey | Head of Western U.S. Acquisitions
Hillwood, a Perot Company
Matt Hyman | Market Leader-Dallas, Austin, San Antonio, Colorado

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