Mill Creek Residential Begins Preleasing Modera Chandler in Southeast Phoenix

Mill Creek Residential has begun preleasing at Modera Chandler, a new garden-style community in southeast Phoenix. The development comprises 345 homes across seven three-story buildings and presents a modern farmhouse aesthetic with high-end finishes. First move-ins are anticipated in May. “We’re eager to welcome our initial residents to Modera Chandler, which we believe will quickly […]

MLG Capital Acquires Kensington at Halfmoon in Clifton Park Submarket

MLG Capital has acquired Kensington at Halfmoon, a 200-unit multifamily community located in the Clifton Park submarket of the Albany, New York MSA. Built in 2014, the property delivers a mix of one- and two-bedroom residences, direct-access private garages, and an amenity package that includes a resort-style pool, fitness center, yoga studio, movie theater, game […]

Bonaventure Completes Acquisition of Royal Pointe Apartments in Virginia Beach

Bonaventure has closed on Royal Pointe Apartments, a 208-unit garden-style community in Virginia Beach, VA, completing the $39.5 million acquisition through Bonaventure Multifamily Income Trust (BMIT). The operator-led firm, which manages approximately $2.8 billion in assets, said the purchase aligns with its continued focus on value-add multifamily investments across the Mid-Atlantic and Southeast. Royal Pointe, […]

Groundbreaking for East Tremont Affordable and Supportive Housing and Expanded Health Center in the Bronx

Community Access, Mega Group and Community Healthcare Network marked the groundbreaking of 521 East Tremont Avenue in the East Tremont/Crotona neighborhood of the Bronx. The $162 million, 213-unit development will deliver a mix of affordable and supportive housing for income-eligible individuals and families, including people living with mental health concerns who have experienced homelessness, alongside […]

MAXX Properties Expands South Florida Presence with Acquisition of The Ellery in Plantation

MAXX Properties has acquired The Ellery, a 250-unit, Class A multifamily community in Plantation, Florida, marking an expansion of its South Florida holdings and an addition to its vertically integrated portfolio. The transaction was sourced directly through an off-market arrangement with the seller. Originally built in 2018 and formerly known as Bell at Plantation, the […]

Jefferson Apartment Group and CP Capital Hold Ribbon Cutting for J Veridian Upper Dublin a Three Hundred Ten Unit Class A Community in Fort Washington

Jefferson Apartment Group and equity partner CP Capital marked the ribbon-cutting for J Veridian Upper Dublin, a 310-unit Class A community in Fort Washington, Pennsylvania. Located at 1125 Virginia Drive on the site of a former office park, the development comprises three five-story buildings and delivers eight acres of walkable open space with a 1.4-mile […]

PEF Advisors Completes Acquisition of Belmont Villas to Preserve Affordable Senior Housing on Long Island

Preservation Equity Fund Advisors (PEF Advisors) has completed the acquisition of Belmont Villas, a 164-unit apartment community in West Babylon, New York. The property sits in Suffolk County on Long Island’s South Shore, roughly one hour from New York City, and is targeted to residents aged 55 and older. Built in 2009 with low-income housing […]

NRP Group and Marshall Heights Break Ground on The Waymark One Hundred Nine Unit Transit Oriented Affordable Housing in Ward Seven Washington DC

The NRP Group and Marshall Heights Community Development Organization (MHCDO) have closed financing and broken ground on The Waymark, a 109-unit, transit-oriented affordable housing community in Washington, D.C. Ward 7. Located at 4435 Benning Road NE, the nine‑story building will reserve apartments for households earning up to 30%, 50% and 80% of Area Median Income, […]