Cary Clarke Sees the Project RailRoad Lofts as a Step Forward, A Strategic Answer to Rising Housing Demand

While much of the real estate development world is sitting on the sidelines, one seasoned developer is stepping up to the plate. Cary Clarke, CEO of Founders Development Company, is breaking from the stagnation that’s gripped the multifamily sector with the launch of his latest ground-up project: RailRoad Lofts, a 351-unit, Class A apartment development in Cleburne, Texas.

Clarke’s move comes at a moment when apartment leasing absorption has been…