NRP Group Breaks Ground on 229-Unit $214 Million Affordable Senior Housing in Bronx
The NRP Group announced the groundbreaking of Sol on Park, a 229-unit affordable senior housing development in the Morrisania section of the Bronx, New York. The project is co-developed with Selfhelp Realty Group and Foxy Management in collaboration with the New York City Housing Authority (NYCHA), the New York City Department of Housing Preservation and […]
Thompson Thrift Breaks Ground on 300-Unit Luxury Community in Nampa Idaho
Thompson Thrift announced the development of The Highline, a 300-unit luxury multifamily community in Nampa, Idaho. The community is expected to welcome its first residents in early 2028, according to the company. “The Highline reflects our continued commitment to thoughtful growth in markets with strong long-term fundamentals,” said Josh Purvis, managing partner of Thompson Thrift […]
NHP Foundation Breaks Ground on 52-Unit Bella, Opens 54-Unit Scout in Frisco Colorado
The NHP Foundation (NHPF), the Town of Frisco and state and regional partners celebrated two housing developments that will bring 106 new affordable and workforce homes to Frisco, Colorado. The announcements included the groundbreaking of The Bella, a 52-unit affordable housing community, and the opening of The Scout, a 54-unit workforce housing community. The two […]
NRP Group Completes 115-Unit Affordable Housing Community in Washington DC NoMa District
The NRP Group, in partnership with Marshall Heights Community Development Organization (MHCDO), announced the completion of Emblem Apartments, a 115-unit affordable housing community in Washington, D.C.’s NoMa and Union Market neighborhoods. According to the announcement, all homes are reserved for individuals and families earning up to 30% and 50% of the Area Median Income (AMI). […]
Pillar Breaks Ground on 72-Unit Choice Landing for Adults with Disabilities in Oldham County
Pillar, a Kentucky social service agency, held a groundbreaking ceremony for Choice Landing, a 72-unit apartment community in Oldham County designed for adults with intellectual and developmental disabilities. The project is planned to be the first community in Kentucky to receive Kelsey Certification. The $22 million development is funded through Kentucky Housing Corporation tax credits, […]
Alpaca Real Estate and Phoenix Realty Group Acquire 269-Unit Bay Pointe in Miami
Alpaca Real Estate and Phoenix Realty Group announced the acquisition of Bay Pointe, a 269-unit multifamily community in Miami’s South Kendall submarket, through a joint venture between the two firms. The property is a 7-story building constructed in 2024, located adjacent to Palmetto Bay with direct access to U.S.-1 / South Dixie Highway and Florida’s […]
Hamilton Zanze Adds 2 Communities to Evergreen Fund Totaling 432 Units
Hamilton Zanze announced the contribution of two multifamily communities to the HZ Evergreen Fund. The additions are Ecco Apartments in Eugene, Oregon, and The Kingson in Fredericksburg, Virginia. The contributions bring the Fund’s total holdings to 12 properties, according to the company. The Evergreen Fund’s net asset value now exceeds $340 million, with gross asset […]
Bascom Group Acquires 370-Unit Jasmine Apartments in North Dallas
The Bascom Group has acquired Jasmine Apartments, a 370-unit multifamily community built in 1980 and located in North Dallas near the Richardson city line. The purchase marks Bascom’s 42nd acquisition in Texas, according to the company. The property was foreclosed on in 2025 by the lender. Taylor Snoddy and Eric Stockley of Northmarq’s Dallas investment […]
Griffis Residential Sells 524-Unit Griffis North Creek in Seattle Metro with 50% NOI Growth
Griffis Residential announced the sale of Griffis North Creek, a 524-unit apartment community in the Seattle metropolitan area. The transaction was completed by Griffis Premium Apartment Fund IV. The Denver-based company reported that Net Operating Income growth at the property was nearly triple the National Council of Real Estate Investment Fiduciaries Property Index for apartments […]
Thompson Thrift Opens 276-Unit Switch Apartments in Colorado Springs
Thompson Thrift recently hosted a ribbon cutting celebration for Switch, a 276-unit Class A multifamily community within Colorado Springs’ Polaris Pointe development, the company announced. According to the release, Switch is located on approximately 11 acres at the intersection of Voyager Parkway and North Gate Blvd. The property offers connectivity to I-25, positioning residents within […]