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December 4, 2024
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Done Deals
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Bright Realty Sells Valor at The Realm Apartments to Weidner Apartment Homes

Bright Realty has completed the sale of Valor at The Realm Apartments and the retail below, a 260-unit luxury apartment community located in The Realm at Castle Hills, its premier 324-acre master-planned development. This transaction highlights Bright Realty’s commitment to delivering unique mixed-use communities that blend residential, retail, and commercial spaces. The deal was brokered by JLL and signifies the continued development of The Realm at Castle Hills.

Developed by Bright Realty in 2021, Valor at The Realm Apartments showcases an innovative real estate design with 213,506 square feet of residential space, 35,000+ square feet of retail, and premium amenities like a resort-style pool and yoga studio. The community offers one- and two-bedroom apartments, blending modern interiors with a vibrant, walkable lifestyle.

Located at 4440 SH 121in Castle Hills, Valor at The Realm benefits from its location within The Realm development, which encompasses over 250,000 square feet of Class AA office space, 60,000 square feet of retail, and easy access to SH-121. The Realm’s retailers, include Salon Bellus, Solomon & Co., Epic Nail Bar, Cool Heads Salon for Men, Grimaldi’s, Little India, Kakatiya Banquets, The London Baker, and Mochinut. Soon, you’ll be able to enjoy Tifa Chocolate & Gelato, and The Dream Tacos.

Valor’s proximity to top-tier shopping, dining, and major employment centers – including Legacy Business Park, Granite Park, and Hall Park – highlights its appeal to residents seeking both convenience and luxury.

“This property reflects our vision of creating thoughtfully designed communities that elevate the quality of life for residents while contributing to the vitality of the region,” said Eric Stanley, President and COO of Bright Realty. We are pleased to see it continue under the ownership of Weidner Apartment Homes.”

The sale to Weidner Apartment Homes, a real estate investment and property management company recognized industry-wide as a creative developer of new housing, further affirms the value of Bright Realty’s developments. With this acquisition, Weidner’s portfolio in the Dallas/Fort Worth Metroplex grows to 5,615 units.

Bright Realty remains dedicated to creating developments that combine living, working, and leisure in vibrant, connected communities.

For more information about Bright Realty and its developments, visit www.brightrealty.com.

About Bright Realty

Founded in the 1950s by the late H.R. "Bum" Bright, Bright Realty is the real estate development arm of Bright Industries, specializing in commercial and residential ventures in Lewisville, Texas. With a focus on office, retail, mixed-use, multifamily, single-family, and land brokerage, Bright Realty benefits from a strategic location near downtown Dallas, DFW International Airport, and neighboring cities. Committed to completing the commercial development of over 300 acres of the family farm, including expansions like The Realm at Castle Hills and Crown Centre at Castle Hills, Bright Realty aims to bring innovation, sustainability, and community focus to projects nationwide through strategic partnerships and innovative development.

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