Cove Capital Investments, a Delaware Statutory Trust sponsor with a nationwide portfolio exceeding 4.3 million square feet, has completed the acquisition of the Cove San Antonio Multifamily 119 DST, a 170-unit community in northeast San Antonio, Texas. The property was purchased through a lender’s REO disposition process at a price below both its appraised value […]

Preservation Equity Fund Advisors, LLC announced the acquisition of Quail Run Apartments, a 104-unit affordable housing community in San Leandro, California. Originally developed in 1987 with Low-Income Housing Tax Credits, the community serves families earning 50 percent to 80 percent of Area Median Income. Quail Run is a low-density development consisting of 10 two-story residential […]

Thompson Thrift, a national full-service real estate firm, has announced plans for The Foundry at Mosaic, a 300-unit multifamily community in Pooler, Georgia. Construction is expected to begin this month, with resident move-ins anticipated to begin in November 2027. The property will sit within Mosaic Town Center at the southeast corner of Pooler Parkway and […]

Bascom Group has acquired Castlewood Park Apartments, a 183-unit value-add community in Buena Park, California, for $53,125,000, or $290,301 per unit. The garden-style property, built in 1963, sits on 8.7 acres with 46 buildings and an ultra-low density of 21 units per acre. Units average 1,028 square feet and include garages for every residence, with […]

Houston marked a milestone for senior affordability in the Third Ward with a ceremonial groundbreaking for Trinity East Village Senior, a 90-unit affordable housing community for residents age 55 and older. The development, led by The NHP Foundation in partnership with Trinity East Village Community Development Corporation and Housing Alliance HTX, moves forward after financial […]

The NRP Group has closed financing and broken ground on Catalina, a 336-unit affordable housing community in Travis County near Austin developed in partnership with the Housing Authority of Travis County (HATC). Catalina is planned to serve households earning between 30% and 70% of area median income, with a portion of units reserved as deeply […]

Balfour Beatty Communities has expanded its Texas multifamily footprint with the acquisition of Avanti Cityside, a 378-unit community in Houston’s Texas Medical Center submarket. This marks the company’s third Texas investment in the past 18 months, following River Pointe in Conroe and The Leonard in Denton. Constructed in 2007, Avanti Cityside comprises more than 362,000 […]

Preservation Equity Fund Advisors (PEF Advisors) has acquired Carroll Tower, a 108-unit affordable senior housing community in St. Charles, Illinois. The six-story property, originally developed in 1984 as a Project-Based Section 8 community, serves residents 62 years of age or older and is positioned along the Fox River in downtown St. Charles, adjacent to Hotel […]

Sagard Real Estate has acquired Belmont Place, a 326-unit Class A garden-style multifamily community located at 2825 Windy Hill Road Southeast in Marietta, Georgia. The property sits in Atlanta’s Cumberland/Galleria submarket and expands Sagard’s multifamily footprint in the Southeast. Built in 2004, Belmont Place comprises 12 residential buildings across a low-density 25.75-acre site. The community […]