PARSE CAPITAL CLOSES $11.3 MILLION PREFERRED EQUITY INVESTMENT IN DALLAS, TEXAS MULTIFAMILY DEVELOPMENT

March 30, 2018 – Parse Capital (“Parse”) has made a $11.3 million preferred equity investment in the development of Bishop North (“Project”), a luxury podium apartment project in Dallas, Texas.

Once complete, Bishop North will consist of a single, four-story Class A residential building that will contain 247 units consisting of studio, one and two bedroom units.