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 […]

CONAM Strategic Investments Fund IV LP, a discretionary investment fund sponsored by The CONAM Group, has acquired Alicante Apartment Homes, a 232-unit multifamily community in the Spring Valley submarket of Las Vegas, Nevada, the company announced. The acquisition expands CONAM’s presence in the Las Vegas market and represents the latest investment for Fund IV. Built […]

Hawkins Way Capital, a vertically integrated real estate investment firm with over $3 billion in assets under management, along with joint venture partner Varde Partners, announced the acquisition of 81 E. 3rd St., a student housing property located in Manhattan’s East Village. According to the release, the property was acquired for $28 million in an […]

Spirit Investment Partners, in partnership with Strategic Value Partners, announced the off-market acquisition of an 895-unit multifamily portfolio from Resia, the U.S. multifamily real estate and modular manufacturing subsidiary of Brazil’s largest homebuilder, MRV & Co. The portfolio includes the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in […]

Security Properties, a Seattle-based real estate investment firm with more than $6 billion in assets under management, has acquired Langara, a 134-unit apartment and townhome community in Issaquah, Washington. The company announced the purchase price as $55.1 million, or approximately $411,000 per unit. The acquisition was completed in partnership with RGA ReCap Incorporated on behalf […]