Springfield, MO, 6.03.22 -Coryell Collaborative Group (CCG), a privately-owned and fully integrated multifamily investment, development, and property management company, announced on Friday the acquisition of the newly rebranded, Viceroy at Central Park, formerly Attiva at Central Park; located in the Dallas-Fort Worth metroplex.

The newest addition to the CCG portfolio is in the heart of new development in the Central Park area of Grand Prairie, Texas. The 55+ community is located on the walking trail to Summit, a 60,000 square foot community and fitness center for active adults ages 50 and older. Other notable attractions include the Epic activity center and the new EpicCentral development, which will host new attractions and six new restaurants. 

“We are thrilled to expand our footprint to the Dallas market and plan on additional growth in the area through acquisitions and development over the next few years,” said Lisa Weaver, Chief Investment Officer at CCG. 

 Springfield-based CCG, which manages over 5,000 units, has developed its first multi-family fund dedicated to market-rate and 55+, Class A properties. The company aims to triple its current portfolio of just under $500 Million in assets and expand its footprint in the sunbelt states over the next 7 to 10 years. The 34-year-old company has grown from a local family-owned business (TLC Properties) in Missouri to a regional force in the multifamily industry. 

 “The Dallas market is one of the strongest in the country,” said Sam M. Coryell, President of CCG. “We are impressed with the City of Grand Prairie and its investment in developing a community-centric infrastructure.” 

 Built-in 2012, Viceroy at Central Park offers upgraded one and two-bedroom apartment homes and is currently 97% occupied. CCG’s investment plan includes the introduction of Smart Apartments and upgraded amenities.