Latest from the Multifamily Newsroom

Virga Capital invests in Austin’s thriving market with the acquisition of The Beacon at Pfluger Farm, a new 258-unit Class A community. CEO Robert Lateiner sees this as a pivotal move during a critical investment window, amidst a rapidly growing submarket.

Republic Development Group and Esen announce a joint venture for a mixed-use project in Charlotte’s Plaza Midwood. The development, starting mid-2026, promises 370 multifamily units, retail space, and a commitment to the historic suburb’s growth and walkability.

Hamilton Zanze has sold Villages at Parktown, a 309-unit property in Deer Park, Texas. The firm enhanced value through upgrades since 2014, capitalizing on the area’s limited supply and demand for larger units. The property’s convenient location and modern amenities made it a thriving community.

Bascom Arizona Venture acquires The Retreat at Speedway in Tucson for $53.4M, marking its first buy since Feb 2020. The 304-unit property will undergo a value-add upgrade to enhance living experience against the scenic Catalina Mountains backdrop.

Buchanan Capital Partners capitalizes on strategic JV with the Garrett Centennial, a 368-unit multifamily project in Denver’s Tech Center. The well-located development targets a broad renter demographic within the Cherry Creek School District, promising growth and value.

HVPG acquires 100 Terrace Apartments, expanding its affordable housing portfolio in Nassau County. The $23 million renovation will enhance resident quality of life, with long-term affordability secured through strategic partnerships and a HUD contract.

Elevest Capital completes Fund 64 with the key acquisition of a 240-unit property in Charlotte, NC. The move, in partnership with Rise48 Equity, underscores their strategy to invest in valuable real estate with growth potential. Plans include modernizing the 1999-built community to boost occupancy and rental growth, demonstrating their commitment to transformative asset management.

MG Properties acquires Sola Galleria Apartments in Farmers Branch, Texas, strengthening its presence in the bustling Dallas-Fort Worth multifamily market. This deal emphasizes the area’s growth, economic vitality, and high demand for rental housing.

The Milestone Group broadens its multifamily industry footprint with the acquisition of Bucking Horse Apartments in Fort Collins and Prelude at Paramount in Meridian, both showcasing growth potential and community integration.