J Street Property Services acquires land for multifamily development in Kerrville, Texas

J Street Property Services has acquired land in Kerrville, Texas, for a new multifamily development called The Bluewood. The first phase will include 273 apartment homes, with a potential second phase adding over 250 units by 2026. Construction is set to begin in November 2024, with leasing expected to start in early Spring 2026. The project aims to provide modern living spaces in a prime location within the Texas Hill Country. Key partners include Phoenix Capital for investment, Mason Joseph as the HUD lender, and Blazer Building as the general contractor. The development will feature contemporary design and amenities to meet diverse resident needs.