Equity Residential and AvalonBay Communities have reached a definitive agreement to combine in an all-stock merger of equals, creating a company with pro forma equity market capitalization of approximately $52 billion, total enterprise value of approximately $69 billion, and a portfolio of more than 180,000 rental apartments. Under the terms approved unanimously by the Board […]

The NRP Group and the Housing Authority of Travis County broke ground on Sanara, a 348-unit affordable housing community in Southeast Austin. The development will reserve all units for households earning up to 60 percent of the Area Median Income and is sited at 4401 E. Slaughter Lane adjacent to expanding commercial corridors and employment […]

Linc Housing and partners have completed the renovation of Azure, a supportive housing community in Anaheim that converts an underused motel into permanent homes and services for people experiencing homelessness or housing instability. Azure, located at 1251 N. Harbor Blvd., opened after a two-phase effort that began with interim housing in 2022 and transitioned to […]

Tareen Development Partners has completed the acquisition of Afton View Apartments, a 286-unit community in St. Paul, Minnesota. The property, originally built in 1971, includes 268 units supported by a HUD project-based Section 8 contract, providing a stable subsidy framework for residents and investors. This marks TDP’s third affordable housing acquisition in the Twin Cities. […]

Wood Partners, in partnership with Germany-based capital partner EIG EuroInvestor, has broken ground on Alta Longmont, a 252-unit multifamily community in Longmont, Colorado. The seven-building, three-story development is scheduled to open in spring 2028 and sits above St. Vrain Creek with clear views of the Flatirons and immediate access to the adjacent greenway. “Our goal […]

HUTTO, Texas — Legacy MCS has completed two build-to-rent communities in Hutto totaling 570 rental homes, supporting continued housing growth in one of Central Texas’ fastest-growing markets. The projects — Yardhomes Cottonwood Creek and Village at Hutto Station — were completed in November 2025 and reflect continued build-to-rent development activity across Williamson County as growth […]

Affiliates of Cantor Fitzgerald Asset Management (CFAM) and RPM Living announced the acquisition of Biscayne Shores from Integra Investments through a joint venture. Biscayne Shores is a newly constructed, luxury waterfront multifamily community in North Miami, Florida. The eight-acre property was completed in 2024 and was developed by Integra Investments in partnership with Andrew Korge […]

Morrison Avenue Capital Partners has closed and begun construction on Hilltop Athens, a 222-bed purpose-built student housing community located at 218 North Avenue in Athens, Ga. The development sits within a mile of the University of Georgia campus and downtown Athens and is intended to respond to increasing demand for quality student housing in the […]

Guardian has acquired Ladd Tower, a 23-story, 332-unit residential high-rise at 1300 S.W. Park Avenue in Portland, Oregon, in partnership with PCCP for $63 million. The acquisition reflects Guardian’s continued conviction in Portland’s urban core at a time when institutional capital has broadly retreated from downtown markets. Built in 2009 and LEED Gold certified, Ladd […]

NHPF closed on the acquisition of Hadley Germantown, a 218-unit apartment community in Germantown, Maryland, marking the foundation’s first purchase in Montgomery County. Originally built in 1990 and last renovated in 2011, the property is naturally occurring affordable housing (NOAH). NHPF will place covenants limiting future rents to 60% of Area Median Income for 50% […]