Leon Capital Group Opens Two Luxury Multifamily Communities in Morrisville, North Carolina, and Gilbert, Arizona

Embark Opens with 303 Class-A Units in North Carolina’s Research Triangle

Silo Morrison Ranch Opens with 231 Class-A Units in Phoenix Metropolitan Area

Communities Built by LMF Construction, Leon Capital Group's In-House General Contractor, Underscores Continued Growth of the Multifamily Construction Management Platform

DALLAS--(BUSINESS WIRE)--Leon Multifamily and LMF Construction, both subsidiaries of Leon Capital Group (“Leon” or “the Company”), a diversified holding company with operating subsidiaries in real estate, healthcare, and financial services, today announced the opening of two new luxury multifamily communities totaling 534 Class-A units. The newly opened assets include Embark in Morrisville, North Carolina, and Silo Morrison Ranch in Gilbert, Arizona, and leasing is underway at both communities.

The communities were built by LMF Construction, Leon’s in-house general contractor, which delivers construction management and general contracting services for multifamily developments in the U.S., for both Leon’s own projects and a growing roster of third-party clients. Since 2017, LMF Construction has completed or is currently underway on 22 projects, representing more than $1 billion in construction value.

Embark offers studio, one-, two-, and three-bedroom apartments in Morrisville, centrally located in North Carolina’s Research Triangle, the metropolitan area and technology hub spanning Raleigh, Durham, and Cary. The community features a year-round resort-style pool, a 24-hour fitness center, co-working space, and private garages with EV charging. Silo Morrison Ranch offers one-, two-, and three-bedroom apartments in the Morrison Ranch neighborhood, near the southeastern edge of the Phoenix metropolitan area. The community includes a resort-style pool and spa, a modern fitness center, private co-working suites, a fenced bark park, a pickleball court, and a clubhouse event space.

“Embark and Silo Morrison Ranch reflect the kind of thoughtful, high-quality developments Leon strives to deliver across multi-family communities,” said Blake Schroeder, President of Leon Multifamily. “These projects were built to meet rising demand for modern housing while creating places residents are proud to call home. We are excited to officially open the doors and welcome residents to both communities.”

“At LMF Construction, we bring years of experience and a collaborative partnership mentality to the multifamily construction industry,” said Derek Deckard, President of Construction, LMF Construction. “The standard and craftsmanship of Embark and Silo Morrison Ranch reflect the care and talent of our team, who bring an average of 23 years of experience. We look forward to pursuing additional opportunities across multifamily construction to bring more incredible assets to the market.”

Greystar Real Estate Partners is providing property management services for Embark and Silo Morrison Ranch.

About Leon Capital Group

Leon Capital Group is a holding company that operates assets in the financial services, healthcare, real estate, and technology industries. Leon takes the lead in conceiving, developing, owning, and operating businesses. The firm started as a modest privately owned real estate development company in Texas and has since evolved into a collection of exceptional businesses capable of operating successfully across multiple geographies and industries. For more information about Leon Capital Group, please visit www.leoncapitalgroup.com.