ECI Group, with The Griffin Fund, initiates The Averly Collins Hill in Lawrenceville—a $76M Class A apartment project with 300 units on 22 acres, spurred by financing from Synovus. It promises to enhance the residential mix and support the city's job growth.
Venterra Realty expands its portfolio with the cutting-edge Cendana District West community in Richmond, Texas. Positioned in a rapidly developing area, this acquisition includes 349 modern units and ushers in a heightened living experience with unparalleled amenities and convenient location, evoking Venterra's commitment to innovation and excellence in the multifamily sector.
The NRP Group breaks ground on The Riley in Fort Myers, FL, a testament to growth and quality community living. With 275 market-rate residences and premium amenities, this project is a reflection of the multifamily sector's strength and foresight into thriving urban development.
Jones Street Investment Partners expands its Virginia portfolio with the acquisition of Summit at Bon Air in Richmond's Bon Air suburb. The community features 296 units, luxury amenities, and is ideally located near a dynamic job market. This growth aligns with the company's strategy for selecting areas with strong potential for investor value.
Belmont Village Senior Living, in partnership with Turnberry, breaks ground on Belmont Village Aventura, a luxury senior living community in South Florida. Promising innovative care amid opulent settings, the community is anticipated to open in early 2026. CEO Patricia Will notes it's a 'pivotal moment' in enhancing senior well-being.
Lloyd Jones expands into senior living with the acquisition of AVIVA Baldwin Park in Virginia, investing $3.1M in renovations and tech to enhance resident safety and living experiences. This strategic move cements the firm's commitment to high-quality senior care.