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Mark Melton in his home office, in Dallas, on April 22, 2024.Here was Mark Melton, one of Dallas’s most decorated lawyers, stepping out of his milky white Cadillac Escalade as two dozen code-compliance officers swarmed one of the most crime-plagued spots in the city. Melton, who’s in his mid-forties, didn’t look the part of someone who steers billions of dollars’ worth of private equity deals each year. A sweat-stained purple Patagonia cap shaded his scruffy salt-and-pepper beard; an untucked T-shirt dangled loosely over his jeans. Melton has the throaty rasp of a chain smoker, and as he surveyed the spectacle, he deadpanned, “This is pretty normal.”The Rosemont at Meadow Lane apartments, just a few miles southeast of downtown, could easily pass for typical middle-class dwellings. Many of the roughly two hundred units are two-story townhomes, their…

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