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Fogelman Properties adds to its Texas holdings

By , Daily Memphian Updated: August 20, 2026 12:47 PM CT | Published: August 20, 2026 12:44 PM CT

Memphis-based Fogelman Properties is looking to stay ahead of Texas population growth by acquiring a multifamily property in the Dallas-Fort Worth market.

The privately owned multifamily investment and property management company just acquired The Ovilla at Legacy Square, a 288-unit multifamily community in Red Oak, Texas, for an undisclosed amount.

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Fogelman Properties Thomas Henry Subscriber Only

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Andy Ashby

Andy Ashby

Andy Ashby covers commercial real estate and economic development. He has worked locally at the Germantown News, the DeSoto County Tribune, the Daily News and the Memphis Business Journal. He graduated from the University of Tennessee, where he photographed the 1998 National Championship game. Email tips or story ideas to aashby@dailymemphian.com


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