Olympus Property has successfully acquired Primrose, a premium, 288-unit residential community in Santa Rosa Beach, Florida. The acquisition marks the newest addition to Olympus Property's rapidly growing portfolio, which now encompasses over 31,000 units across 14 states. Primrose, renowned for its luxury amenities and proximity to regional attractions, enhances Olympus Property's reputation for managing top-tier assets in prime locations. The deal follows last year's acquisition of Olympus Emerald Coast and is seen as a testament to the firm's industry prominence and commitment to providing superior residence experiences.

Real estate company Thompson Thrift has announced its newest class A multifamily development, "Refinery at Pointe17," in Phoenix, Arizona, promoting the city's standout growth within the national property market. Set to begin construction this month, the upscale community is located near the Taiwan Semiconductor Plant (TSMC) in Northern Phoenix and is due to welcome residents from 2025. Incorporating a blend of one, two, and three-bedroom units, each with top-tier amenities and smart home technology, the development aims to offer high living standards in proximity to retail, dining, and future employment hubs.

Mill Creek Residential, a leading multifamily housing developer, has started construction on Modera Encore, a mixed-use apartment community in Downtown Tampa. This modern development features 304 apartments and 8,000 sq ft of ground-floor retail space. The project showcases the company’s confidence in Tampa’s economic growth and is strategically located near key employment sectors. In addition to its location, Modera Encore will offer residents access to numerous recreational, shopping, and leisure opportunities. The first residents are expected to move in by Spring 2025.

Morgan Properties, a top-tier player in the multifamily real estate industry, has purchased the Astoria Park Apartments, an impressive 470-unit community in Indianapolis. This acquisition, bringing their Indianapolis portfolio to over 2500 units, reflects Morgan Properties' enthusiasm for Midwest real estate and their commitment to expanding their presence. The company plans to invest around $4 million in upgrading the amenities and technology of the apartment complex. The addition of Astoria Park Apartments represents more than just growth- it's a testament to Morgan Properties' strategic approach and dedication to excellence in apartment living.

Real estate market leader, Thompson Thrift, has announced its expansion in North Port with the introduction of The Hadley, a 268-unit luxury for-rent villa community. This fills a growing demand in the Florida west coast region due to a job increase of nearly 90,000 in the past decade. The Hadley will provide residents with not only well-designed housing but also community engagement opportunities, with amenities including a resort-style swimming pool, 24-hour fitness center, and communal grilling areas. With this move, Thompson Thrift continues to transform the concept of multifamily luxury living.

Greystar Real Estate Partners have officially kicked off phase two of their City North Residential project in Phoenix, marking a significant stride in metropolitan living. The Phase II project promises an additional 348 residences, integrating luxury and convenience with posh facilities and close access to public spaces like retail outlets and coffee shops. Alongside other innovative features, the community also has a seven-story amenity deck, an inviting ground floor layout, and a strategic location sculpted for work-life integration. Completion is expected in Q2 2026.

Financial powerhouse Cantor Fitzgerald and Harbor Group International have jointly acquired Avalon Mamaroneck, a luxury 229-unit Class A multifamily dwelling in Mamaroneck, New York. The community, which boasts a range of modern amenities, sits within a five-minute walk of transport links, boosting its appeal. This move represents continued investment strategy in affluent suburbs offering lucrative rental potential. The acquisition is seen as a blueprint for multifamily real estate investors keen on maximising returns from select real estate investments.

Real estate firm MG Properties continues to grow its Denver market footprint with the acquisition of 4400 Syracuse Apartments, a luxury midrise community. Located strategically in the heart of Denver Tech Center/Southeast Business Corridor, the prime location caters to Colorado's largest employment hub, offering residents the advantage of proximity to their workplaces. The property is further augmented by its accessibility and well-thought-out living spaces. Jeff Gleiberman, President at MG Properties, says that consistent long-term investment strategy is key to acquiring high-quality assets at attractive costs.

Leading luxury homes builder Toll Brothers and real estate investment giant Canyon Partners Real Estate have partnered to develop a 400-unit luxury multifamily rental community named Navona in Mesa, Arizona. The community, which received a $78 million construction loan from Bank OZK, benefits from its proximity to major employers like Intel, Meta, Amazon, and Apple and the expanding Phoenix Mesa Gateway terminal. Among the features of Navona are varied apartment layouts, 800 parking slots, high-end finishes, and amenities including a resort-style pool and entertainment pavilion. This marks Toll Brothers' sixth multi-family community development in Arizona, underscoring the fast-paced growth in the Phoenix sub-market of Mesa.

National real estate company Thompson Thrift has announced a major new development project, Standard441, in the growing suburb of Lady Lake, Orlando. The 300-unit multifamily development will aim to bring luxury living to the area, offering a range of one-, two-, and three-bedroom homes with high-end finishes and smart home capabilities. On-site amenities will include a round-the-clock fitness center, resort-style pool, and electric vehicle charging. Thompson Thrift's managing partner, Josh Purvis, expects the area to nearly double in size by 2040, presenting vast opportunities for growth and innovation.