Wood Partners, in partnership with PGIM, closed on the 357-unit Alta Watkins in Morrisville, North Carolina. PGIM is noted in the transaction as the world’s second largest real estate investment manager, with $218 billion in gross assets under management and administration. The community is set to break ground this month and is scheduled to open […]

MBK Rental Living has opened leasing and begun move-ins at Las Brisas, a 340-unit luxury apartment community in Santa Maria, California. The property adds one-, two- and three-bedroom floor plans ranging from 739 to 1,295 square feet, each with open living areas, designer finishes, modern appliances and private patios or balconies. “Las Brisas was designed […]

Walker & Dunlop has arranged a joint venture between AIP, Pointsfive, and Bridge Investment Group to redevelop the former Greyhound Bus Station in Richmond, Virginia into a multifamily community. The firm secured the equity and an $85.6 million construction loan with Madison Realty Capital for the $132 million project. The development will occupy roughly 550,000 […]

The San Diego Metropolitan Transit System and Affirmed Housing have completed SkyLINE, a seven-story, mixed-use, transit-oriented affordable housing community at the Rancho Bernardo Transit Station. The project replaces an underutilized park-and-ride site with 100 affordable apartment homes and new amenities for transit riders, integrating housing and mobility on a single site. Developed by Affirmed Housing […]

MainPlace in Santa Ana entered its next phase this week with a ceremonial groundbreaking for The Carina, a new 408-unit multifamily community, and the MainPlace Culinary District, a 1.25-acre dining and gathering destination. The projects are being developed by Lowe in partnership with MainPlace owner Affinius and owner/operator Centennial. City leaders, including Mayor Valerie Amezcua […]

Comstock Holding Companies has completed the acquisition of The Reed, a 417-unit Class A multifamily property at 15955 Frederick Road in Rockville, Maryland. The transaction was executed on behalf of a joint venture between Comstock and a third-party Benefit Street Partners-advised institutional fund, with Comstock Partners, LC co-investing in the venture. Two wholly owned Comstock […]

Sun Life has announced its intention to fully acquire Bell Partners, a vertically integrated U.S. multifamily real estate investment manager and property management business. Bell Partners will become Sun Life’s U.S. multifamily operating platform and operate under BGO. As of March 1, 2026, Bell Partners reports approximately US$10 billion of Gross Asset Value Under Management, […]

The NRP Group and the Denton Housing Authority have closed financing and broken ground on Arbor Ranch, a 297-unit affordable housing community in Denton, Texas. The development will serve households earning between 30 percent and 70 percent of Area Median Income and is intended to expand attainable housing options in a rapidly growing Denton submarket. […]

Fourth Avenue Capital has expanded its portfolio to 30 properties with the acquisitions of Spring Woods, a 174-unit Class A community in Salem, Oregon, and Silver Star, a 72-unit Class A community in Kalispell, Montana. The transactions add recently completed, high-quality assets in two fast-growing regional markets. Spring Woods, completed in May 2025, consists of […]