AUSTIN, TX – ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, and Edison Equity Residential announced the construction loan closing for the development of Serenova at Dripping Springs, a 175-residence, 55+ age-restricted community in Dripping Springs, Texas, located 25 miles west of Austin. The loan was provided by North River Partners.

This is ARCTRUST’s second collaboration with Edison Equity Residential, a fully-integrated residential development and operating platform focused on age-restricted living communities. This project follows The Serenova at Woodforest, which broke ground in November 2025, and is currently progressing through construction ahead of schedule.

Located adjacent to the Headwaters master-planned community, Serenova at Dripping Springs will include 133 upscale one- and two-bedroom apartment homes and 42 private villas. The community is designed to pair serene comfort with vibrant social engagement through Edison’s Concierge Community concept, a personalized, service-rich approach to active-adult living.

“Closing Dripping Springs is an important milestone for Serenova and a meaningful step in growing our Concierge Community concept,” said Carolyn White, CEO, Edison Equity Residential. “With reservations already in hand at Woodforest, we know this lifestyle is connecting with people. We’re excited to build on that momentum and bring Serenova to the Texas Hill Country.”

Serenova at Dripping Springs concierge services will include personal assistance with reservations, travel, in-home needs and social planning. Planned amenities include a chef-curated restaurant and social bar, wellness-focused fitness centers, a resort-style pool, a creative arts studio, a club room, a community lounge and marketplace, as well as direct access to Headwaters’ trail system.

“Returning for a second venture with Edison Equity Residential speaks to the strength of this partnership, and we are deeply grateful to our capital partners and investors for the trust they continue to place in us,” said Chris Wadelin, CEO, ARCTRUST Private Capital.

Construction is expected to begin in the fourth quarter of 2026, with the first residents anticipated in summer 2028. The project team includes Market Square Architects, StudioSIX5 Design and The Brownstone Group.

AUSTIN, Texas — With tailgates kicking off Friday night ahead of Saturday’s matchup between Texas and Ohio State, students and fans said they’re getting ready for the atmosphere — and the heat — inside the stadium.

Students said avoiding the sun during the game can be difficult, so they’re planning to stay hydrated after hearing about heat-related medical incidents reported during last weekend’s game.

“Oh, it gets crazy. It gets loud. It gets rowdy. We get really into it,” said Owen Lowe, a UT Austin student.

Ryan Koo, also a UT Austin student, said, “It’s going to be electric. I mean, number one versus number four, I mean we’re number one no matter what.”

Friday night, big ticket holders and students celebrated ahead of the game with a tailgate at the LBJ Lawn, while also focusing on hydration. Some fans said last weekend’s heat led to people needing medical attention.

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“There were multiple people I heard going to the ER. A lot of them didn’t even last to the halftime show because of how hot it was,” said Allison Chabarria, a UT Austin student.

Austin-Travis County EMS reported 13 medical incidents after the game, including three that were heat-related.

UT Austin Athletic Director Chris Del Conte said in the Texas Athletics newsletter, The Forty Acres Insider, that there will be 19 “free water monsters” located throughout the stadium Saturday. Del Conte also posted on X to concerned fans that he and his staff will talk about more options than last Saturday’s game.

Students attending the EA Sports Ultimate Tailgate asked how they’re preparing for the heat. Lowe said, “A lot of water and Liquid I.V.”

Koo added, “Yeah, same here. Lots of water. That’s going to be your best savior right there.”

Texas Athletics was contacted to confirm any improvements or upgrades expected for fan safety on Saturday, but there was no response by publication time.

Late-night host Jimmy Kimmel said the agency that regulates television “threatened” the show and that an interview with James Talarico, the Democratic candidate for U.S. Senate in Texas, will not air on television but on YouTube — thus bypassing any control or regulation by the Federal Communications Commission.

It’s not the first time a TV show has moved an interview with Talarico to YouTube. The candidate’s appearance on Stephen Colbert’s show in February was moved online over network fears that it would violate regulatory guidance from Federal Communications Commission on giving equal time to political candidates.

Talarico is in a tight race against Republican Ken Paxton, the Texas attorney general, and has given Democrats hope of winning statewide in the otherwise GOP dominated Lone Star State.

“For the whole 20+ years of our show, in fact, I’ve been interviewing Americans who are running for office with no problem,” said Kimmel on his Wednesday night show, the titular “Jimmy Kimmel Live.”

“Something has changed,” he continued, suggesting that Trump’s presidency was that something. “His FCC has threatened me, threatened our show, threatened our network, ABC, our affiliates our local stations, based on simple traditional editorial decisions, guest bookings it would seem they don’t like.”

The FCC did not immediately respond to a request for comment.

It’s another moment in a longer running saga between Kimmel and Trump. In April, Trump and First Lady Melania Trump called for ABC to fire Kimmel over a joke where the late-night comic described the first lady as having “the glow of an expectant widow.”

Kimmel didn’t elaborate Wednesday on why the agency was, as he put it, threatening the show. In the past, including with Talarico on Stephen Colbert’s show, the contention has been over a requirement that broadcast stations give equal time to political candidates when they appear on-air.

Though the rule traditionally hasn’t been applied to talk shows, the Trump administration, through the FCC, announced in January that late-night and daytime hosts had to follow it.

In April, in a further escalation of its battle with the Trump administration, ABC sued the FCC on First Amendment grounds, saying the agency’s demand for early review of its broadcast licenses — years before they were set to expire — posed an “existential threat” to the network.

The FCC cited the network’s diversity and inclusion practices as a reason, but the development came shortly after a joke by Kimmel — an outspoken Trump critic — had infuriated the president, who has called for Kimmel’s firing.