Olympus Property Expands to Mid Atlantic With Acquisition of Ascend by the Sea in Millville Delaware

Olympus Property has acquired Ascend by the Sea, a newly constructed 216-unit Class A luxury apartment community in Millville, Delaware along Southern Delaware’s Beaches corridor. The transaction marks Olympus’ first asset in the Mid-Atlantic and represents a strategic expansion into a coastal region characterized by limited new supply, rapid population growth, and multiple economic drivers […]

Middleburg and Harbor Group Secure Construction Financing for Scottwood Two Hundred Ninety Nine Unit Class A Transit Oriented Infill Near Richmond

Middleburg and Harbor Group International have closed construction financing for Scottwood, a 299-unit Class A multifamily development at 4400 West Broad Street on the boundary of the City of Richmond and Henrico County. The joint venture secured construction debt from Truist Bank. Construction is scheduled to begin in April, with initial deliveries expected in late […]

Mill Creek Residential Breaks Ground on Modera Neptune in Oceanside Featuring Three Hundred Fifty Nine Homes and Sixty Two Room Boutique Hotel

Mill Creek Residential has broken ground on Modera Neptune, a new midrise residential community in Oceanside, California, located at 901 N Coast Highway near Neptune Way and within walking distance of Strand Beach. The podium-style, eight-story project will deliver 359 homes and a horizontally integrated 62-room boutique hotel that will operate independently from the residential […]

Wood Partners and PGIM Close on Alta Watkins in Morrisville Set to Break Ground This Month

Wood Partners, in partnership with PGIM, closed on the 357-unit Alta Watkins in Morrisville, North Carolina. PGIM is noted in the transaction as the world’s second largest real estate investment manager, with $218 billion in gross assets under management and administration. The community is set to break ground this month and is scheduled to open […]

MBK Rental Living Opens Las Brisas a Three Hundred and Forty Unit Luxury Community in Santa Maria

MBK Rental Living has opened leasing and begun move-ins at Las Brisas, a 340-unit luxury apartment community in Santa Maria, California. The property adds one-, two- and three-bedroom floor plans ranging from 739 to 1,295 square feet, each with open living areas, designer finishes, modern appliances and private patios or balconies. “Las Brisas was designed […]

Walker and Dunlop Secures Equity and Financing for Transformation of Richmond Greyhound Station into Class A Multifamily and Retail Development

Walker & Dunlop has arranged a joint venture between AIP, Pointsfive, and Bridge Investment Group to redevelop the former Greyhound Bus Station in Richmond, Virginia into a multifamily community. The firm secured the equity and an $85.6 million construction loan with Madison Realty Capital for the $132 million project. The development will occupy roughly 550,000 […]

MTS and Affirmed Housing Complete SkyLINE Transit Oriented Affordable Housing at Rancho Bernardo Transit Station

The San Diego Metropolitan Transit System and Affirmed Housing have completed SkyLINE, a seven-story, mixed-use, transit-oriented affordable housing community at the Rancho Bernardo Transit Station. The project replaces an underutilized park-and-ride site with 100 affordable apartment homes and new amenities for transit riders, integrating housing and mobility on a single site. Developed by Affirmed Housing […]

MainPlace Santa Ana Breaks Ground on The Carina and Culinary District

MainPlace in Santa Ana entered its next phase this week with a ceremonial groundbreaking for The Carina, a new 408-unit multifamily community, and the MainPlace Culinary District, a 1.25-acre dining and gathering destination. The projects are being developed by Lowe in partnership with MainPlace owner Affinius and owner/operator Centennial. City leaders, including Mayor Valerie Amezcua […]

Comstock Expands Rockville Portfolio With Acquisition Of The Reed Four Hundred Seventeen Unit Transit Oriented Property

Comstock Holding Companies has completed the acquisition of The Reed, a 417-unit Class A multifamily property at 15955 Frederick Road in Rockville, Maryland. The transaction was executed on behalf of a joint venture between Comstock and a third-party Benefit Street Partners-advised institutional fund, with Comstock Partners, LC co-investing in the venture. Two wholly owned Comstock […]

Sun Life to Acquire Bell Partners and Bolster BGO Multifamily Platform

Sun Life has announced its intention to fully acquire Bell Partners, a vertically integrated U.S. multifamily real estate investment manager and property management business. Bell Partners will become Sun Life’s U.S. multifamily operating platform and operate under BGO. As of March 1, 2026, Bell Partners reports approximately US$10 billion of Gross Asset Value Under Management, […]