Fairfield Opens Rowlen Apartments a New Two Hundred Ninety Seven Unit Community in Broomfield with Sustainable Amenities and Income Aligned Homes
Fairfield announced the grand opening of Rowlen Apartments, a newly constructed 297-unit community at 1151 Spring Place in Broomfield, Colorado. The development offers studio, one-, two-, and three-bedroom homes, including 70 income-aligned residences, and delivers a package of amenities and design features aimed at long-term livability. Rowlen sits in a fast-growing corridor along Colorado s […]Ram Realty Advisors Acquires Beacon Apartment Community in Downtown St Petersburg
Ram Realty Advisors has acquired Beacon 430, a 327-unit apartment community in Downtown St. Petersburg, Florida, on behalf of an affiliate of Ram Realty Partners VII. The acquired asset sits on a 4.3-acre site spanning two city blocks and was developed in 2014. The four-story, elevator-served community offers a low-rise residential alternative with extensive outdoor […]Clover Capital Closes Acquisition of Creekstone and Gable Point in East Dallas
Clover Capital Partners has closed on a two-property portfolio in East Dallas, announcing the acquisition of Creekstone and Gable Point Apartment Communities. The assets sit adjacent to the Dallas Athletic Club and total 374 units across one- and two-bedroom floor plans. Developed and owned by the Pardue family since the 1980s, the properties provide Clover […]Eagle Partners Closes Acquisition of Affordable Senior Housing Portfolio in Escondido
Eagle Partners has closed a $162.5 million acquisition of an affordable housing preservation portfolio in Escondido, California. The portfolio includes The Hendrix Apartments and The Hadley Apartments, two adjacent communities that total 551 one- and two-bedroom residences serving the 55-plus senior demographic in North San Diego County. Eagle Partners intends to pursue a long-term affordable […]Cavan Companies Acquires Prairie Hills Site for The Bungalows Build to Rent Community in Papillion Nebraska
Cavan Companies has closed on approximately 16 acres for The Bungalows at Prairie Hills, a 154-home single-story Build-to-Rent community planned for Papillion, Nebraska. The site at the southwest corner of Highway 370 and South 114th Street places the development within an established residential and commercial node with direct access to Interstate 80, Offutt Air Force […]Century Living Breaks Ground On The Stevie In Denvers LoHi Neighborhood
Century Living, the multifamily arm of national homebuilder Century Communities (NYSE: CCS), has acquired a shovel-ready development site at 33rd Avenue and Mariposa Street in Denver’s LoHi neighborhood from Elevation Development Group. Century Living will act as developer and general contractor on the project, named The Stevie, with groundbreaking this week and units expected to […]TerraCap Acquires Tresa at Arrowhead in Phoenix Emphasizing Renovation Driven Value Creation
TerraCap Management LLC has acquired Tresa at Arrowhead Apartments, a 360-unit community built in 1998 in the Arrowhead Ranch submarket of Phoenix, Arizona. The privately held investment firm, headquartered in Naples, Florida, closed on the asset as part of a deep value acquisition strategy. Tresa at Arrowhead offers one-, two- and three-bedroom homes with varying […]