Latest from the Multifamily Newsroom

Wood Partners ignites Arizona’s housing market with two new multifamily projects, Alta Dove Valley in Phoenix and Alta 87 in Gilbert, marking their 24th and 25th developments since the financial crisis. Amidst a housing shortage, these luxury communities are poised to meet growing demand, showcasing Wood’s commitment to the state’s prosperous future.

Harbor Group International acquires Ascend at Durbin Creek in St. Johns, FL, showcasing its strategic insight with an impressive 86.5% lease-up. Chief Investment Officer Yisroel Berg affirms confidence in the development’s success amid Jacksonville’s growth.

Thompson Thrift launches The BLVD at Wilson Crossings, a multifamily haven in Wyoming, MI. Already 45% leased, it promises luxury living with amenities mirroring single-family homes, fostering community vibrancy and underlining Thompson Thrift’s commitment to innovative, quality living spaces.

Mill Creek Residential unveils Modera Pomona, a premier LA County apartment community, starting preleasing. At 2710 North Towne Avenue, the property merges serenity with easy access to transport and local amenities, promising a luxury living experience with sustainable design.

Suncrest debuts luxury Zora Living communities in Charlotte and Phoenix, blending privacy, tech, and sustainability. Zora University offers craftsman-style homes with smart features and private yards, while Zora Encanto employs eco-friendly HercuWalletech for green living.

Thompson Thrift announces “The Liliana,” a 360-unit Class A multifamily community in Pooler, GA. Boasting high-end amenities and smart home tech, it’s poised to meet the robust growth of this charming Savannah suburb. Move-ins are expected by summer 2026.

Orlando’s multifamily market is set to expand with Aventon Companies’ new luxury apartment community, Aventon Lake Conway. Adding 346 upscale units, it promises a lavish lifestyle with top-notch amenities and a prime location near key destinations, poised to become a beacon for luxury living by 2025.

CIM Group has divested Lennox at West Village, a prime Dallas multifamily asset acclaimed for its urban lifestyle appeal and comprehensive amenities. The sale signifies strategic growth and commitment to community-enhancing investments.

GMD Development and WNC team up to combat Seattle’s affordable housing shortage with Victory Northgate, a 182-unit development set for April 2024. This eco-conscious project, near Northgate light rail, caters to low-income families and promises to be a community game-changer.