Penzance closed a significant fourth-quarter acquisition program, purchasing approximately $200 million in multifamily and residential assets totaling about 1,100 units and more than 1.2 million square feet across Virginia and the Carolinas. The four-asset portfolio targets markets with employment drivers and constrained new supply, and includes stabilized communities acquired below replacement cost alongside a build-to-rent […]

Aventine Development and Seawood Builders marked the groundbreaking on Phase I of Arbor House in Palm Beach Gardens, a new luxury multifamily community designed to combine traditional design cues with modern, amenity-forward living. Phase I will deliver a 13-story tower with 302 units ranging from studios to three-bedroom apartments. The building includes an attached garage […]

MG Properties, a San Diego–based multifamily real estate investment firm, has acquired Dylan Point Loma Apartments, a multifamily community located in the Point Loma neighborhood of San Diego. Dylan Point Loma sits within one of San Diego’s coastal submarkets and provides residents with proximity to major employment centers, beaches, dining, and entertainment. The community offers […]

Bascom Northwest Ventures announced the sale of Tempo at Riverpark Apartments to a venture led by Hines for $105,000,000. The 235-unit, class A suburban community is located in Oxnard, California, less than a mile from the Pacific Ocean and within an hour’s drive of Downtown Los Angeles. Bascom Value Added Apartment Investors Fund IV, an […]

Lincoln Avenue Communities has broken ground on NSA East Bank Apartments, an adaptive-reuse project converting a decommissioned naval complex into 294 affordable apartments and 30,000 square feet of ground-floor retail in New Orleans’ Bywater neighborhood. The development will anchor a larger rehabilitation of the Naval Support Activity complex, which has been vacant since 2011, and […]

The NRP Group has completed Thrive on Crawford, a 67-unit mixed-income community in Fort Worth that integrates housing and health services. The majority of homes are reserved for families earning 30, 50 and 60 percent of Area Median Income, with seven market-rate units included. The development also includes 2,200 square feet of Class-A commercial space […]

Milestone Group has completed the acquisition of Legends at Laurel Canyon, a 266-unit, garden-style apartment community in Canton, Georgia. The purchase price was not disclosed. Canton sits in Cherokee County, a rapidly expanding North Atlanta suburb. Cherokee County has grown over 12% in the last five years and is expected to grow an additional 51% […]

Altus Equity Group has completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, marking another active deployment of capital amid ongoing uncertainty across real estate capital markets. The off-market purchase reinforces the firm’s focus on cash-flowing assets with strong in-place performance and financing structures designed to provide flexibility across market cycles. “This acquisition […]

Quarterra has begun welcoming residents to Emblem Ravine, its newest attainable community in the Oak Cliff neighborhood of Dallas. The property at 3500 W. Colorado Blvd. represents the company’s first Emblem delivery in Texas and the 10th Emblem community completed nationwide. The Emblem program was created to address the national shortfall of housing for middle-income […]

The NRP Group and Rockefeller Group have opened pre-leasing for Miraluna, a 342-unit Class A apartment community in south Las Vegas. The resort-inspired development, located adjacent to the Southern Highlands master-planned community in the town of Enterprise, began construction in December 2024 and plans initial move-ins in March 2026, with final completion slated for Q1 […]