Thompson Thrift to Develop 308-Unit Stella Luxury Apartment Community in Rapidly Growing Phoenix Submarket of San Tan Valley

PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. Thompson Thrift plans to begin construction in June and welcome new residents beginning in late 2024. […]

CEP Multifamily Acquires 97-unit Regal Ridge Apartments in Spokane, WA

EVERETT, Wash., July 7, 2023 — CEP Multifamily announced their July 7, 2023, acquisition of Regal Ridge, a 97-unit market rate garden apartment community in Spokane’s desirable South Hill neighborhood.  Regal Ridge is the first acquisition in Spokane for the vertically integrated Everett-based firm and grows their existing Pacific Northwest portfolio to 1,606 units, 475 of which are outside of the Puget Sound Region.  […]

Cuentas Taps Two New Properties for Its Sustainable Communities Initiative, Announcing Development Plans for Another 55+ Acres and 670+ Apartments As Company Accelerates its Goal of Becoming the Leader in Creating Affordable, Accessible, Sustainable Housing Communities Across Florida and Beyond

Cuentas Casa’s new announcement comes only days after the announcement of Cuentas’ acquisition of a 28.5 acres of mixed-use land contemplated for development of 648 multi-family apartments and 180 townhomes near Orlando, all part of Management’s plan to build a national and eventually international presence for the Company’s proprietary development technologies, that combine sustainability, accessibility, and affordability, making […]

El-Ad National Properties Unveils Plans for The District in Davie, a Vibrant 2.8 Million-Square-Foot Rental Residential Apartment, Dining and Retail Project at the Gateway to Davie, Florida

DAVIE, Fla., April 25, 2023 /PRNewswire/ — Award-winning developer El-Ad National Properties, an Elad Group company with a South Florida-based team, is bringing its expertise and exceptional reputation to Davie, Florida with its upscale 2.8 million-square-foot mixed use rental residential apartment and commercial project named The District in Davie. This is the largest multi-family project in Davie’s history. Situated in a premier location convenient to Fort […]

District of Columbia Housing Finance Agency Provides Financing for Construction of 86 New Affordable Apartments in Garfield Heights

WASHINGTON, DC – The District of Columbia Housing Finance Agency (DCHFA) has issued $23.1 million in tax exempt bonds for the construction of Alabama Avenue Apartments in Ward 8. The Agency underwrote $22 million in federal and local Low Income Housing Tax Credit equity for the development of this 100 percent affordable community. “As construction […]

The Cordish Companies Celebrates Topping Out of $140 Million Three Light Luxury Apartments in Kansas City Power & Light District

KANSAS CITY, MO – As it nears completion, Three Light Luxury Apartments in the Power & Light District celebrated the pouring of the building’s last column with a ceremonial Topping Out event held near the project site in the heart of downtown Kansas City. Executives from The Cordish Companies and the Power & Light District […]

Olympus Property Acquires Third Multifamily Community in Fayetteville with 252-Unit King’s Quarter at Jack Britt Garden Style Apartments

FAYETTEVILLE, NC – Olympus Property announced the acquisition of King’s Quarter at Jack Britt in Fayetteville, North Carolina. Established in 1992 with a steadfast vision of becoming an industry leader, Olympus Property boasts a wealth of experience and a hands-on approach throughout the investment process. The company continues to grow its presence in the multifamily […]

Toll Brothers Apartment Living and Harris Realty Announce Joint Venture to Develop 393-Unit Luxury Rental Community in Norwalk

NORWALK, CT – Toll Brothers, the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn. The project is being financed through a $136 million construction loan facility from […]

MG Properties Expands Colorado Presence with $67.15M Castle Rock Multifamily Acquisition

SAN DIEGO, April 14, 2023 — MG Properties, a private San Diego-based real estate investor, owner, and operator, is further expanding its presence in Colorado, today announcing the acquisition of Ridge at Castle Rock Apartments. Formerly known as Springs at Castle Rock, MG Properties purchased the property from Continental Properties for $67,150,000. Offering one, two, and three bedroom apartments and […]

Wood Partners Enters Next Phase of Project with Groundbreaking of 270-Unit The Quill by Alta Apartment Community in Baltimore

BALTIMORE, MD – National multifamily real estate development leader Wood Partners announced the official groundbreaking of its newest luxury property, The Quill by Alta, in South Baltimore’s Federal Hill district. The forthcoming community serves as phase two of the already successful Alta Federal Hill project, which Wood Partners debuted in October 2021. With construction on […]