WELCOME to Oakwood Development
& Consulting

Oakwood Development is a full-service real estate development and consulting multi-family firm. Oakwood Development acquires sites and develops multi-family communities primarily at this time in the Texas market with plans to expand into markets in Arkansas and Ohio.

Jim Grose, principal, has been in the real estate development and construction business since the early 1970’s. Besides multi-family apartment communities, Jim has developed office buildings, shopping centers, warehouses, and company manufacturing and office facilities for Hunt Properties, Frito-Lay, Pepsico Foods International both domestic and internationally.

Oakwood Development provides full services to the real estate industry in real estate development, consulting, brokerage and the negotiation of contracts for real estate investments in the $20 million and up range with institutional investors, foundations, and individuals.

Oakwood Development & Consulting:

  • Locates and acquires sites,
  • Prepares development summaries, cost estimates, proformas, site plans/unit mix, revenues, market studies, feasibility studies, and due-diligence for acquisitions,
  • Manages new developments and acquisitions/dispositions.
  • Engages architects, civil engineers, MEP, structural, landscape, and other consultants, general contractors, complete entitlements, engage lenders, provide construction oversite and final close out.
  • Engages lenders for conventional and HUD 221-d-4 loans.

Recent & Future Apartment Development Projects:

  • Bell Towers Apartments, 3206 South 5th Street,Temple,TX, 76502 216 units. Completed January 2021.Leased up in 4 months. Currently 99% occupied.

  • Eagle Crossings Apartments , 8015 W.Camp Wisdom Rd, Dallas,TX, 150 units. Completed December 2017. Currently 99% occupied.

  • Tradewinds Apartments, Midland,TX, 214 units, Completed June 2015 99% occupied

  • The Lodge at Pecan Creek, 192 Units, Denton,TX, Completed Fall 2010 98% occupied

  • The Preserve at Pecan Creek; 192 Units, Denton,TX - Completed July 2008 with complete lease up in 14 weeks

  • City Parc, Denton,TX, 144 Units Student Housing Project within 3 blocks University of North Texas, Denton, TX. Completed Summer 2006. 100% leased.

  • Sunset Lodge formerly named The Mission at Llano Estacado 312 Units, Odessa, TX - Completed 4th Quater 2013; 98% occupied

Texas Real Estate Commission Information About Brokerage Services

Texas Real Estate Commission Consumer Protection Notice