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Wood Partners and PGIM Real Estate Break Ground on New Residential Community in one of Raleigh’s Fastest Growing Areas

Multifamily Newsroom™
RALEIGH, N.C., Oct. 17, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, today announced groundbreaking of the partnership’s residential community—Alta Town Center—located in Raleigh, North Carolina. With construction currently underway, the community is scheduled to officially open in fall 2023 […]

Newly Branded North Hill Apartments in Virginia Beach Unveils Upgrades to Provide Luxury Living Experience for Dog Lovers, Fitness Enthusiasts, Beach Devotees, Art Appreciators + More

Multifamily Newsroom™
VIRGINIA BEACH, Va., Oct. 18, 2022 /PRNewswire/ — North Hill Apartments in Virginia Beach is unveiling its multi-million-dollar improvements to both the property and the resident experience. The exciting upgrades will create standout shared amenity spaces indoors and out, as well as revamped two-bedroom apartment residences that embody elevated coastal living. Biking distance to the beach and just minutes […]

Multifamily Leadership Announces Finalists for the 2023 Best Places to Work Multifamily®

Best Places to Work Multifamily, Multifamily Newsroom™, News
Scottsdale, AZ (October 21, 2022) – The national finalists for the official Best Places to Work Multifamily® will be honored during the upcoming Multifamily Innovation® Summit on December 7-8, 2022 in Phoenix, Arizona. At the Summit, each company will learn how they ranked nationally amongst the other participants and will be recognized on stage for […]

Capital Square Acquires Multifamily Community Near Huntsville for DST Offering

Multifamily Newsroom™
HUNTSVILLE, Ala., Oct. 20, 2022 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of FarmHaus Apartments, a 324-unit Class A multifamily community located in the Huntsville suburb of Madison, Alabama. The community was acquired on behalf of CS1031 FarmHaus Apartments, DST, which seeks […]

Vista Residential Partners Announces Groundbreaking on 36 Acres for Development of 279-Unit Creekview Vista in LaGrange, GA

Multifamily Newsroom™
LAGRANGE, Ga., Oct. 19, 2022 /PRNewswire/ — Vista Residential Partners, a national multifamily development firm, has broken ground on 36 acres on Hamilton Road in LaGrange, Georgia, for the development of Creekview Vista, a 279-unit multifamily development. A joint venture between Batson Cook Development Company and Blue Vista Management, provided the equity. Situated on Highway 27, Creekview Vista […]

Stoneweg U.S. LLC Acquires 178-Unit Apartment Community JRG Lofts in Cincinnati, OH; Expanding its Geographic Footprint in the Midwest

Multifamily Newsroom™
ST. PETERSBURG, Fla., Oct. 18, 2022 /PRNewswire/ — Stoneweg U.S. LLC (Stoneweg US) a real estate firm specializing in multifamily acquisitions and developments, today announced the acquisition of JRG Lofts, a 178-unit, mixed-use, apartment community in Mainstrasse Village, a national historic district in the Cincinnati, OH MSA.  The acquisition further expands the company’s geographic footprint in the Midwest, which accounts […]

Aventon Companies Continues Its Growth on the West Coast of Florida with a New Apartment Community Set to Debut in Wesley Chapel

Multifamily Newsroom™
WESLEY CHAPEL, Fla., Oct. 17, 2022 /PRNewswire/ — Aventon Companies, a prominent, vertically integrated, multifamily developer with active projects throughout the Mid-Atlantic and Southeast, is continuing its expansion in the Tampa Bay region with the unveiling of Aventon Meadow Pointe. The community will be a 360-unit, four-story, Class A development, located at 4727 Meadow Pointe Boulevard. Poised to become the […]

Agent PHL Brokers Sale of 55-Unit Development Site in Philadelphia for $3,200,000

Multifamily Newsroom™
PHILADELPHIA, Oct. 13, 2022 /PRNewswire/ — On behalf of Khosla Properties, Agent PHL powered by Compass Commercial has formally announced the sale and settlement of 1713-21 North Front Street in Philadelphia, Pennsylvania. The incredibly desirable parcel is located in the Fishtown submarket, where investment and development demand remains at record levels. The transaction was brokered by Ryan McManus, Principal […]

Hudson Valley Property Group Celebrates $85M Revitalization of Camden, New Jersey Apartment Complex

Multifamily Newsroom™
CAMDEN, N.J., Oct. 12, 2022 /PRNewswire/ — Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced that it has finalized an $85 million preservation and renovation project at the Community Meadows apartments (formerly known as Crestbury Apartments), a 391-unit, 21.5 acre complex located in Camden’s Morgan Village. HVPG was joined earlier today by City of Camden Mayor Vic Carstarphen, U.S. Housing […]

Brazos Residential Closes Twelfth Transaction of 2022 with Acquisition of Two Property Portfolio in Southwest Fort Worth, Texas

Multifamily Newsroom™
DALLAS, Oct. 12, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private equity firm specializing in multifamily investments, announces the acquisition of a two-property portfolio in Benbrook, TX, marking the firm’s twelfth transaction in 2022. 334-unit portfolio in one of the most affluent communities in the DFW metroplexTweet this The 334-unit portfolio consists of two 1980’s-built communities—Clear Fork Trail, […]