Mill Creek Residential Begins Preleasing Modera Chandler in Southeast Phoenix
Mill Creek Residential has begun preleasing at Modera Chandler, a new garden-style community in southeast Phoenix. The development comprises 345 homes across seven three-story buildings and presents a modern farmhouse aesthetic with high-end finishes. First move-ins are anticipated in May. “We’re eager to welcome our initial residents to Modera Chandler, which we believe will quickly […]
MLG Capital Acquires Kensington at Halfmoon in Clifton Park Submarket
MLG Capital has acquired Kensington at Halfmoon, a 200-unit multifamily community located in the Clifton Park submarket of the Albany, New York MSA. Built in 2014, the property delivers a mix of one- and two-bedroom residences, direct-access private garages, and an amenity package that includes a resort-style pool, fitness center, yoga studio, movie theater, game […]
The Risk and Reality of ADA-Compliant Digital Platforms in The Age of AI Innovation
Join award-winning podcasters, multifamily technology innovator Kerry W. Kirby, CEO of 365 Connect, and property management expert Ernest F. Oriente of PowerHour®, for another exciting segment of the MultifamilyBiz + PowerHour Webcast Series. Launching May 13, 2026, at 3:00 p.m. Eastern Standard Time. This episode explores the shift in web accessibility into a performance engine […]
Bonaventure Completes Acquisition of Royal Pointe Apartments in Virginia Beach
Bonaventure has closed on Royal Pointe Apartments, a 208-unit garden-style community in Virginia Beach, VA, completing the $39.5 million acquisition through Bonaventure Multifamily Income Trust (BMIT). The operator-led firm, which manages approximately $2.8 billion in assets, said the purchase aligns with its continued focus on value-add multifamily investments across the Mid-Atlantic and Southeast. Royal Pointe, […]
Housing Impact Fund Closes Largest Capital Raise To Preserve One Thousand Five Hundred Affordable Apartments In Charlotte
Housing Impact Fund has closed its largest capital raise to date, securing more than $100 million in private-sector equity for Fund III to acquire, renovate and preserve 1,500 apartment units in the Charlotte market. The fund’s strategy targets Naturally Occurring Affordable Housing, or NOAH, preserving existing apartment communities that serve low- and moderate-income households and […]
Groundbreaking for East Tremont Affordable and Supportive Housing and Expanded Health Center in the Bronx
Community Access, Mega Group and Community Healthcare Network marked the groundbreaking of 521 East Tremont Avenue in the East Tremont/Crotona neighborhood of the Bronx. The $162 million, 213-unit development will deliver a mix of affordable and supportive housing for income-eligible individuals and families, including people living with mental health concerns who have experienced homelessness, alongside […]
MAXX Properties Expands South Florida Presence with Acquisition of The Ellery in Plantation
MAXX Properties has acquired The Ellery, a 250-unit, Class A multifamily community in Plantation, Florida, marking an expansion of its South Florida holdings and an addition to its vertically integrated portfolio. The transaction was sourced directly through an off-market arrangement with the seller. Originally built in 2018 and formerly known as Bell at Plantation, the […]
Jefferson Apartment Group and CP Capital Hold Ribbon Cutting for J Veridian Upper Dublin a Three Hundred Ten Unit Class A Community in Fort Washington
Jefferson Apartment Group and equity partner CP Capital marked the ribbon-cutting for J Veridian Upper Dublin, a 310-unit Class A community in Fort Washington, Pennsylvania. Located at 1125 Virginia Drive on the site of a former office park, the development comprises three five-story buildings and delivers eight acres of walkable open space with a 1.4-mile […]
PEF Advisors Completes Acquisition of Belmont Villas to Preserve Affordable Senior Housing on Long Island
Preservation Equity Fund Advisors (PEF Advisors) has completed the acquisition of Belmont Villas, a 164-unit apartment community in West Babylon, New York. The property sits in Suffolk County on Long Island’s South Shore, roughly one hour from New York City, and is targeted to residents aged 55 and older. Built in 2009 with low-income housing […]
NRP Group and Marshall Heights Break Ground on The Waymark One Hundred Nine Unit Transit Oriented Affordable Housing in Ward Seven Washington DC
The NRP Group and Marshall Heights Community Development Organization (MHCDO) have closed financing and broken ground on The Waymark, a 109-unit, transit-oriented affordable housing community in Washington, D.C. Ward 7. Located at 4435 Benning Road NE, the nine‑story building will reserve apartments for households earning up to 30%, 50% and 80% of Area Median Income, […]