ARCTRUST Private Capital and Edison Equity Residential announced the construction loan closing for Serenova at Dripping Springs, a 175-residence, 55+ age-restricted community in Dripping Springs, Texas. The development is located 25 miles west of Austin, and North River Partners provided the financing. According to the announcement, this marks the second collaboration between ARCTRUST Private Capital, […]

Fairfield announced the acquisition of Portofino Place Apartments, a residential community located at 4400 Portofino Way in West Palm Beach, Florida. The property offers 1, 2, and 3 bedroom apartment homes, as well as 2 story loft residences. The community is located minutes from Downtown West Palm Beach and includes 4 resort style swimming pools, […]

The NRP Group announced the groundbreaking of Stone Ridge at High Street, a 150-unit affordable housing community in Columbus, Ohio. The project, developed in partnership with the City of Columbus and the Ohio Housing Finance Agency, will serve working professionals and families earning up to 60% of the Area Median Income. According to the company, […]

Thompson Thrift announced the development of Avira at Silver Comet Trail, a 319-unit multifamily community in Powder Springs, Georgia. Construction is underway with resident move-ins expected to begin in October 2027. The community is located at the southeast corner of Highway 278 and Isley Stamper Road, according to the release. The site is adjacent to […]

Knightvest Capital announced the acquisition of the Silicon Hills portfolio, comprising 3 communities totaling 1,027 units in Round Rock, Texas within the Austin MSA. The transaction represents the 20th investment in Knightvest’s Fund II. The portfolio includes Enclave at La Frontera, a 411-unit community built in 2004, Lakeside at La Frontera, a 366-unit community built […]

JVM Realty Corp. announced it has acquired a 280-unit apartment community in Oswego, Illinois, and rebranded the property from Springs at Oswego to Trillium at Oswego. The company purchased the property from Continental Properties in a transaction brokered by Cushman & Wakefield. Located at 801 Fifth Street, the gated community was completed in 2019 and […]

Thompson Thrift announced the development of Rivet, a 300-unit Class A apartment community in Chelsea, located in the Birmingham metropolitan area. The community will be situated on nearly 29 acres along the U.S. 280 corridor. According to the company, Chelsea is one of the fastest-growing and most affluent communities in the Birmingham region. “Chelsea is […]

Southern Management Companies announced its acquisition of The Shelby Apartments, a 240-unit mid-rise community in Alexandria, Virginia. The transaction adds to Southern Management’s portfolio of properties across Maryland and Virginia. The Shelby features primarily 1-bedroom and 2-bedroom apartment homes with spacious floor plans and updated finishes. Community amenities include a fitness center, pet-friendly grounds, pet […]

The NRP Group announced the groundbreaking of OSU East, a 336-unit multifamily housing community in Northwest Columbus. According to the company, this marks its first market-rate community in the Columbus market. The project is situated on a 27.5-acre site on West Dublin Granville Road. The site will also include 138 for-sale townhomes developed by M/I […]

Wood Partners and Marcus Partners have broken ground on Altera Heights, a 280-unit multifamily community in Apex, North Carolina. According to the announcement, the development is expected to be completed by the end of 2027. The community is located at the intersection of Jenks and Wimberly roads in the Raleigh suburb. Units will include a […]