Press release
Dallas-Based Condor Equity Expands $175 Million Portfolio with Arlington 8 Project
Dallas, Texas, 15th September 2025, ZEX PR WIRE - Condor Equity, a Dallas-based real estate equity and development firm led by Founder Gary Stokes and Co-Founder and Managing Partner Art Wilson, today announced the official launch of Arlington 8, a premier townhome project located near the University of Texas at Arlington.The development, which recently received full approval from city commissioners, will feature eight modern luxury townhomes designed to meet the growing demand for high-quality residential living in one of the fastest-growing corridors of North Texas. Arlington 8 sits in a prime location that bridges university culture, business expansion, and the city's dynamic redevelopment momentum.
"This project represents the next chapter in Arlington's growth story," said Art Wilson, Co-Founder and Managing Partner of Condor Equity. "We are creating residences that bring design, community, and long-term value together in a location where demand has consistently outpaced supply."
Arlington 8 was structured with Condor Equity's investor-first approach, blending disciplined financing with a sharp eye for high-demand urban infill opportunities. The project is part of the firm's expanding $175 million portfolio, which spans high-density residential, value-add commercial, and mixed-use developments across Texas, Hawaii, and Georgia. Earlier this year, Condor Equity secured a $30 million credit facility, giving the firm flexibility to strategically deploy capital across projects like Arlington 8 and scale developments with greater speed and efficiency.
Construction and project management for Arlington 8 will be led by Chris Kieth, owner of CK Management Services, and Quincy Chambers, owner of Next Way Concepts. Both companies are known for their dedication to delivering exceptional quality and service in the building industry. With proven track records of successful projects and satisfied clients, they stand out as trusted partners for residential, commercial, and industrial construction projects.
"Arlington 8 is exactly the type of project that demonstrates our philosophy," added Gary Stokes, Founder of Condor Equity. "We believe in aligning with the right capital partners and delivering exceptional product in markets that matter. Arlington has all the fundamentals: education, business, culture, and population growth."
The project's design emphasizes modern architecture, energy efficiency, and proximity to lifestyle amenities. With university-driven rental demand, institutional buyer interest, and a strong local economy, Arlington 8 is positioned as both a living space for residents and a high-yield opportunity for investors.
At the core of Condor Equity's execution is Dr. Vaniecea Duncan, CFO, who oversees financial operations and ensures alignment between investor expectations and project delivery.
About Condor Equity
Condor Equity is a Dallas-based real estate equity firm specializing in high-density residential, high-yield commercial, and strategically located mixed-use developments. With a $175 million active portfolio and a $30 million credit facility, Condor Equity is dedicated to building projects that drive community impact while delivering sustainable investor returns.
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