NRP Group Completes 115-Unit Affordable Housing Community in Washington DC NoMa District

The NRP Group, in partnership with Marshall Heights Community Development Organization (MHCDO), announced the completion of Emblem Apartments, a 115-unit affordable housing community in Washington, D.C.’s NoMa and Union Market neighborhoods. According to the announcement, all homes are reserved for individuals and families earning up to 30% and 50% of the Area Median Income (AMI). […]

Pillar Breaks Ground on 72-Unit Choice Landing for Adults with Disabilities in Oldham County

Pillar, a Kentucky social service agency, held a groundbreaking ceremony for Choice Landing, a 72-unit apartment community in Oldham County designed for adults with intellectual and developmental disabilities. The project is planned to be the first community in Kentucky to receive Kelsey Certification. The $22 million development is funded through Kentucky Housing Corporation tax credits, […]

Alpaca Real Estate and Phoenix Realty Group Acquire 269-Unit Bay Pointe in Miami

Alpaca Real Estate and Phoenix Realty Group announced the acquisition of Bay Pointe, a 269-unit multifamily community in Miami’s South Kendall submarket, through a joint venture between the two firms. The property is a 7-story building constructed in 2024, located adjacent to Palmetto Bay with direct access to U.S.-1 / South Dixie Highway and Florida’s […]

Hamilton Zanze Adds 2 Communities to Evergreen Fund Totaling 432 Units

Hamilton Zanze announced the contribution of two multifamily communities to the HZ Evergreen Fund. The additions are Ecco Apartments in Eugene, Oregon, and The Kingson in Fredericksburg, Virginia. The contributions bring the Fund’s total holdings to 12 properties, according to the company. The Evergreen Fund’s net asset value now exceeds $340 million, with gross asset […]

Griffis Residential Sells 524-Unit Griffis North Creek in Seattle Metro with 50% NOI Growth

Griffis Residential announced the sale of Griffis North Creek, a 524-unit apartment community in the Seattle metropolitan area. The transaction was completed by Griffis Premium Apartment Fund IV. The Denver-based company reported that Net Operating Income growth at the property was nearly triple the National Council of Real Estate Investment Fiduciaries Property Index for apartments […]

Thompson Thrift Opens 276-Unit Switch Apartments in Colorado Springs

Thompson Thrift recently hosted a ribbon cutting celebration for Switch, a 276-unit Class A multifamily community within Colorado Springs’ Polaris Pointe development, the company announced. According to the release, Switch is located on approximately 11 acres at the intersection of Voyager Parkway and North Gate Blvd. The property offers connectivity to I-25, positioning residents within […]

GMH Communities and Invesco Real Estate Acquire 176-Unit Student Housing Portfolio Near Purdue University

GMH Communities and Invesco Real Estate announced the acquisition of Grant Street Station and South Street Station in West Lafayette, Indiana. The two properties include 176 units and 364 beds serving Purdue University students. Randall Calvert of TSB Realty served as exclusive sales broker for the transaction. Financial terms were not disclosed. GMH Communities is […]

Clarion Partners and Partners Open 309-Unit The Duncan in Madison Wisconsin

Clarion Partners, Vermilion Development, and Quartz Lake Capital hosted a ribbon-cutting event for The Duncan, a 309-unit multifamily community located at 1625 Lock Lane in Madison, Wisconsin. The property sits within a federally-designated Qualified Opportunity Zone on approximately 8.2 acres along Madison’s Isthmus. The community offers residents access to two fitness centers, bicycle storage, a […]

Machine Investment Group Acquires 490-Unit 75 West Apartments in North Dallas for $120 Million

Machine Investment Group announced the acquisition of 75 West, a 490-unit multifamily community located at 7927 Forest Lane in the Park Central submarket of North Dallas, TX. The company acquired the property in a joint venture with RPM Living Investments, which will serve as property manager. According to the release, the property comprises 490 residential […]