Stryker Properties and Griffon Capital Secure $57M for New Frisco Multifamily Project

A JV between Stryker Properties and Griffon Capital Management secures a $57M construction loan for Freemont Frisco, a 313-unit mixed-income project in Frisco, TX.

By: AXL Media

Published: Mar 13, 2026, 7:29 AM EDT

Source: https://www.multihousingnews.com/

Financing the "Missing Middle" in Frisco

Stryker Properties and Griffon Capital Management have successfully closed on a $57 million construction loan provided by BridgeInvest for the development of Freemont Frisco Apartments. The project also received preferred equity from 25 Capital Partners. This mid-rise, wrap-style building represents a strategic entry into one of the nation’s fastest-growing suburbs. Notably, the development will leverage Chapter 392 of the Texas Local Government Code to offer affordable rent options in direct partnership with the Frisco Housing Authority, providing much-needed workforce housing in a high-cost area.

Design and Development Team

The project brings together several prominent Texas-based firms:

Architecture: Humphreys & Partners Architects is leading the design, utilizing their signature high-efficiency floor plans.

Interior Design: HPA Design Group will oversee the aesthetic direction of the common areas and residences.