Parse Capital Makes $16.7 Million Preferred Equity Investment in Grapevine, Texas Multifamily Development

April 2018 – Parse Capital (“Parse”) has made a $16.7 million preferred equity investment in Jefferson Silverlake (“Project”), a luxury apartment development in Grapevine, Texas. Once developed, the project will consist of 371 market-rate apartment homes in a four-story podium multifamily housing community.