Wood Partners, a leading player in the multifamily real estate industry, has launched its third development in the Seattle-Tacoma market - a luxury residential community called Alta University Place. Situated in the beautiful University Place near Tacoma, Washington, this development exhibits the firm’s commitment to offer diverse and accessible luxury living options. The community provides residents with ready access to local amenities, key transit routes, shoreline parks, and renowned golf courses. The apartments range from studios to three-bedroom homes, all distinguished by contemporary designs and premium finishes.

Construction has started on Modera SoBro, a midrise apartment community in the South Broadway (SoBro) district of Nashville. The development, just a short walk from the city’s central business district, is part of Mill Creek Residential's nationwide portfolio of high-quality residences. Mill Creek’s Senior Managing Director Luca Barber said the development would offer a "top-of-market experience," with spacious, one-, two- and three-bedroom homes and modern amenities such as a resort-style pool, rooftop grilling area and a state-of-the-art fitness center. Completion is slated for March 2025.

Leading multifamily real estate investment firm, 37th Parallel Properties, has obtained Greys Harbor at Lake Norman, a 312-unit residential community in Huntersville, NC. This pivotal acquisition serves as the firm's inaugural investment in Charlotte and further taps into North Carolina’s multifamily real estate market. The decision corresponds with a demand-supply gap in Huntersville's apartment sector and a desire for more affordable rental options amidst steep home prices. Moreover, the acquisition marks a key investment in 37th Parallel's second fund, 37P – Fund II, amplifying its reach in prosperous Southeast and Texan markets.

Wood Partners continues to dominate the multifamily real estate sector with the opening of Alta Sergeant, a luxury apartment community in Conroe, Texas. The city has witnessed growth since 2010, becoming a go-to hub for corporate headquarter relocation. Alta Sergeant offers 354 apartment units and utilizes cutting-edge technology in its common areas, fitness and business centers. It also prioritizes residents' convenience and interaction, with a pool, outdoor kitchen, and dog park among its amenities. Its proximity to Lake Conroe and other nature spots offer residents a blend of luxury living and outdoor activity.

Maryland-based affordable housing developer, Green Street Housing, has initiated its latest mixed-income construction project, Village at Blenheim Run. Located in Havre de Grace, Maryland, the development will blend affordable and commercial housing, aiming to stimulate the local community both economically and socially. The groundbreaking venture has been funded by a range of sources including Hudson Housing Capital, Bank of America, Freddie Mac, PNC, and a grant from the Federal Home Loan Bank of Atlanta. The enduring mission for Green Street Housing and co-developers TM Associates Development, Inc. aims to create sustainable community assets and inspire further housing projects nationwide.

Venterra Realty has acquired Avasa Hammock Landing, expanding its portfolio with a strategic acquisition that supports business growth and regional development. Situated along the I-95 corridor in West Melbourne, Florida, the property is conveniently located near key employers in the aerospace and defense industries. The community of 300 modern units offers appealing features like quartz countertops and spacious closets, plus amenities like a saltwater swimming pool, fitness center, and dog wash station. Venterra Realty plans to build on the property’s already rich offerings, enhancing the living standards for its residents.

Green Street Housing and TM Associates Development have begun construction on an entirely affordable housing development in Silver Spring, Maryland. The Sligo Apartments project is financed by a Low-Income Housing Tax Credit investment from Hudson Housing Capital and Capital One, along with loans from the Maryland Department of Housing and Community Development. The development aims to provide quality, affordable homes to qualifying tenants, while also offering market rate units and commercial rental spaces.

Phoenix, Arizona is set to gain a luxury residential development called Lumara, financed by an $86 million construction loan. The project, a partnership between Toll Brothers and Willton Investment Management, will deliver a four-story, 456-unit multifamily community with features such as EV charging stations, a heated resort-style pool, a rooftop terrace, and a virtual sports simulator. Lumara's location in North Phoenix, close to major employment corridors like the Taiwan Semiconductor Manufacturing Company's future plant, signifies Toll Brothers’ commitment to community-centered living and sustainability.

Community Preservation Partners (CPP) has announced a major renovation for Cambridge Square Apartments in Monroeville, Pennsylvania. The project demonstrates CPP's focus on affordable housing preservation and accentuates its expanding operations in Pennsylvania. The project includes comprehensive renovations for the 204-unit community, with an investment of roughly $92,289 per unit. CPP's plans extend beyond individual units to communal amenities, building reconstruction, and creation of a new community building. In collaboration with the Pennsylvania Housing Finance Agency and Key Bank, CPP plans to complete renovations by December 2024.

National real estate developer Thompson Thrift is set to develop a 276-unit, upscale apartment complex called The Pullman. The community is situated in Union City in Atlanta's wealthy Fulton County, a demographic hotspot with an average household income over $100,000. The project is expected to start this December, with first residents to move in by spring 2025. The Pullman will offer one-, two-, and three-bedroom garden-style apartments equipped with top-tier furnishings and smart home technology. Conveniently located near key employers and vital services, The Pullman aims to redefine residential living in Atlanta's rapidly expanding south.