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  • ECI Group and The Griffin Fund Celebrate Opening of Newly-Built 300-Unit The Corwyn Conyers Apartments in Atlanta Submarket
    on July 12, 2024 at 10:55 am

    ATLANTA, GA - ECI Group with joint venture partner, The Griffin Fund, celebrated the grand opening of the newly-developed, 300-unit, The Corwyn Conyers apartment community in Conyers, GA. ECI leaders and team members were joined by officials from the City of Conyers, Old Towne Conyers, and the Conyers-Rockdale County Chamber of Commerce to commemorate the strong response from residents to the modern and fully amenitized community. ECI Development Vice President, Stephen Stover, welcomed the guests to the equine-themed ribbon-cutting, cocktail hour, reception, and open house that featured tours of the apartment models, saying, "ECI Group, along with our partners at The Griffin Fund, are so excited to present to the community The Corwyn Conyers, now almost 72% leased. The response to the […]

  • Wood Partners Brings More Living Options to Florida with Groundbreaking of 219-Unit V by Alta Luxury Apartment Community in Orlando
    on July 11, 2024 at 10:57 am

    ORLANDO, FL - Wood Partners, a leading national multifamily developer, has started construction on V by Alta, a luxury apartment community located at 10149 Arise Loop in Orlando. V by Alta will be five stories tall and is Wood Partners' fifth community in the submarket; hence, the Roman numeral "V" in the name. "V by Alta's prime location benefits from tremendous drive-by visibility and access to some of Orlando's most prominent employers across the corporate, hospitality and tourism sectors," said Bryan Borland, Managing Director at Wood Partners. "We have continued to step up our game with each of our four prior communities in the vicinity, and V by Alta reflects the culmination of those efforts in bringing much-needed, high-quality rental housing to this dynamic submarket." V by Alta […]

  • Toll Brothers Apartment Living and PGIM Open 525-Unit The Laurent Luxury Apartment Community in Cambridge, Massachusetts
    on July 10, 2024 at 11:22 am

    CAMBRIDGE, MA - Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, the nation's leading builder of luxury homes, along with joint venture partner PGIM, announced the grand opening of The Laurent, a new seven-story, 525-unit luxury mid-rise multifamily community in Cambridge, Massachusetts. Construction of The Laurent was financed through a $142 million construction loan facility from Wells Fargo Bank, N.A as Admin Agent, and BNY Mellon, and first occupancy began in October 2023. The community s grand opening celebration including a ribbon cutting event with local officials and development partners, as well as a reception for current and prospective residents. "The Laurent represents our commitment to bringing luxury living to vibrant locations positioned for growth," […]

  • Amazon Housing Equity Fund to Create and Preserve an Additional 14,000 Affordable Housing Units with $1.4 Billion Investment
    on July 9, 2024 at 10:57 am

    SEATTLE, WA - Amazon is committing an additional $1.4 billion in funding to the Amazon Housing Equity Fund, bringing the total to more than $3.6 billion to fund more than 35,000 affordable homes across the Puget Sound region; the Arlington, Virginia / National Capital region; and Nashville, Tennessee. The extension of the Housing Equity Fund underscores Amazon s commitment to affordable housing and to helping thousands of families live closer to where they work or near transportation hubs, removing a major barrier to success. In January 2021, Amazon launched the $2 billion Housing Equity Fund with the goal of creating and preserving 20,000 affordable homes across three of its hometown communities within five years. The Fund is designed to help moderate- to low-income residents access […]

  • Gindi Equities Completes Acquisition of 243-Unit Osgood Townsite Apartment Community in Southwest Fargo Metropolitan Market
    on July 8, 2024 at 11:50 am

    FARGO, ND - Gindi Equities announced the acquisition of the Osgood Townsite Apartments, a multifamily community in Fargo, North Dakota, from Property Resources Group. The purchase marks Gindi's entry into the Fargo market, as the firm expands its national portfolio of premier residential assets. Gindi plans to invest in a renovation program to modernize and enhance the Class-B property. Planned improvements include redesigned kitchens and bathrooms and upgraded building exteriors and grounds. Gindi will also implement sustainable elements and energy savings fixtures to increase efficiency and reduce utility costs. Property Resources Group will continue to manage and service the asset. "Our strategic renovations will drive value and make Osgood one of the most sought-after housing […]

  • Blaze Capital Partners Acquires 254-Unit Lector 85 Luxury Apartment Community in Culturally Vibrant Tampa Submarket of Ybor City
    on July 5, 2024 at 12:40 pm

    TAMPA, FL - Blaze Capital Partners announced the acquisition of Lector 85, a 254-unit apartment community located just minutes from downtown Tampa in Ybor City. "It's an incredibly challenging transaction market, but we are continuing to stay active finding compelling, long-term investment opportunities across the rental housing spectrum amidst this period of pricing dislocation," said Eddy O'Brien, co-founder and managing partner of Blaze. "We believe we are entering an exciting acquisition cycle that presents an opportunity to acquire institutional-grade assets in great markets at attractive entry points. The acquisition of Lector 85 exemplifies our data-driven approach in identifying and capitalizing on market dislocations and unlocking value through customized asset enhancement […]

  • SilverPoint Senior Living Announces Acquisition of WestMark and The Eastman Senior Housing Communities in High-Growth Texas Markets
    on July 4, 2024 at 11:06 am

    SAN ANTONIO, TX - SilverPoint Senior Living, a leader in senior living management, announced a strategic partnership with SGL Acquisitions and the acquisition of two significant properties, WestMark Senior Living in San Antonio and The Eastman Senior Living in Longview, TX, both formerly owned by Brookdale Senior Housing. "SilverPoint's rapid integration of the WestMark and The Eastman properties marks the beginning of a transformative phase. We are dedicated to enhancing these communities with innovative care and significant improvements aimed at elevating the quality of life for our residents," remarked Shimon G. Levy, Principal of SGL Acquisitions. "Our approach focuses on nurturing resident well-being, fostering vibrant communities, and ensuring excellence in every aspect of our […]

  • Cityview and Greystar Complete Disposition of 164-Unit Elan Mountain View Apartment Community in Prime Silicon Valley Location
    on July 3, 2024 at 11:40 am

    MOUNTAIN VIEW, CA - Cityview, a premier multifamily investment management and development firm, and Greystar, a global leader in the investment, development, and management of real estate, have sold a 164-unit mixed-use project in Mountain View, California. Elan Mountain View features a prime corner location in the heart of Downtown Mountain View as well as 11,000 square feet of fully occupied ground-floor retail space. With its ideal location, ample amenities and unique retail offerings, Elan Mountain View has been extremely well received by residents and the surrounding community, said Sean Burton, CEO of Cityview. It s been a pleasure to partner with Greystar on this property and we look forward to seeing its continued success. The community features studio, one-, two- and […]

  • Quarterra Multifamily Starts Leasing at 420-Unit Dryden Luxury Highrise Apartment Community in Denver's Golden Triangle Neighborhood
    on July 2, 2024 at 8:56 am

    DENVER, CO - Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, announced the start of leasing at Dryden, a luxury community that blends urban activity and walkability with the elegance and culture of Denver's thriving Golden Triangle Neighborhood. Dryden is a 420-home high-rise community adjacent to Downtown Denver and featuring 9,241 square feet of leasable retail space. A sanctuary where a healthy lifestyle meets the opportunities of a metropolitan hub, Dryden positions residents amid destination restaurants and shopping, as well as art and music venues, sports stadiums, trails, parks and civic events. The community itself incorporates smart home technologies alongside timeless finishes […]

  • Wood Partners Celebrates Grand Opening of 267-Unit Alta Wildhorse Ranch Luxury Townhome Community in Austin, Texas
    on July 1, 2024 at 10:51 am

    AUSTIN, TX - Wood Partners, a national multifamily real estate development leader, announced the grand opening of Alta Wildhorse Ranch, a luxury townhome community located directly off U.S. Highway 290 and Texas SH-130. Alta Wildhorse Ranch marks the third Wood Partners property opened in Austin within the past year. "We are excited to bring our latest community to Austin," said Bart Barrett, Managing Director for Wood Partners. "Located down the street from downtown Manor and with easy access to the Austin metro, Alta Wildhorse Ranch is a luxury townhome property that fits in well with the small town feel of the local community." Alta Wildhorse Ranch is situated in an ideal location, with access to major employers, recreation and shopping. Nearby employers include Samsung Semiconductor, […]

  • S2 Capital Acquires Belle Rive Club Apartments and Vineyard Hills Multifamily Communities in Growing Jacksonville and Austin Markets
    on June 28, 2024 at 11:47 am

    DALLAS, TX - S2 Capital, a national, vertically integrated multifamily investment manager, announced the acquisitions of two multifamily properties, including Belle Rive Club Apartments in Jacksonville, Florida, and Vineyard Hills in Austin, Texas. Terms of the transactions were not disclosed. "The Austin and Jacksonville markets continue to demonstrate population and job growth, and combined with the repricing taking place in the multifamily sector, we believe these two properties have attractive risk/reward profiles and are an excellent value," said Ryan Everett, Vice President of Acquisitions at S2. "We are planning operational improvements and value-add upgrades and renovations to both Vineyard Hills and Belle Rive Club Apartments." The 104-unit Belle Rive Club Apartments at 8715 […]

  • Thompson Thrift Hosts Ribbon Cutting for 300-Unit The Depot Luxury Apartment Community in Growing Kansas City Submarket of Raymore
    on June 27, 2024 at 11:48 am

    KANSAS CITY, MO - Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, hosted a ribbon cutting for The Depot, a 300-unit Class A multifamily community in the Kansas City suburb of Raymore. The first residents began moving in during winter of 2023 and the community is nearly 30% leased. "Thompson Thrift takes great care in all of the details—which is reflected in The Depot's apartment features, community design and amenity offerings," said Angie Atkins, senior vice president of community management for Thompson Thrift. "Now, our onsite team looks forward to delivering in both big and small ways to create an environment for our residents that lives up to our promise of excellence." Located at 101 S Dean Ave, The […]

  • Wood Partners Expands Arizona Presence with Groundbreaking of Alta 87 and Alta Dove Valley Apartment Communities in Phoenix Market
    on June 26, 2024 at 12:43 pm

    PHOENIX, AZ - National multifamily developer Wood Partners announced the start of construction on Alta Dove Valley in Phoenix and Alta 87 in Gilbert, Arizona. These new communities bolster Wood Partners' presence in Arizona, bringing its total to 24 starts in the state since the Great Financial Crisis. "Phoenix has, and continues to, experience significant in-migration due to its favorable climate and thriving and increasingly dynamic economy," said Todd Taylor, Managing Director for Wood Partners. "There is a significant housing shortage in the MSA and we will need many thousands of units over the coming years to solve it. Notwithstanding current market chop and challenges, we remain bullish on the mid-term and long-term wider Phoenix market and look forward to delivering these […]

  • Harbor Group Expands Florida Footprint with Acquisition of 350-Unit Ascend at Durbin Creek in Jacksonville Submarket of St. Johns
    on June 25, 2024 at 11:34 pm

    JACKSONVILLE, FL - Affiliates of Harbor Group International (HGI), a privately owned international real estate investment and management firm, announced the acquisition of Ascend at Durbin Creek, a newly-built 350-unit multifamily property located in the South Jacksonville suburb of St. Johns, Florida. The property is in lease-up and 86.5% occupied as of May 2024 and has averaged 20 new leases per month over the past year, demonstrating strong lease-up performance and demand for high-quality apartment housing in the Jacksonville market. "As a new development with convenient access to employment and lifestyle destinations, we are confident in the ability to complete a successful lease-up," said Yisroel Berg, Chief Investment Officer – Multifamily at HGI. "Given the rapidly growing […]

  • Thompson Thrift Opens 344-Unit The BLVD at Wilson Crossings Luxury Apartment Community in Grand Rapids Submarket of Wyoming
    on June 21, 2024 at 9:48 am

    GRAND RAPIDS, MI - Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, hosted a ribbon cutting for The BLVD at Wilson Crossings, a 344-unit multifamily community in the Grand Rapids suburb of Wyoming. The first residents began moving in during winter of 2023 and the community is already 45% leased. "The pace of initial lease up at The BLVD at Wilson Crossings demonstrates the desire for stylishly appointed, highly amenitized apartment living," said Angie Atkins, senior vice president of community management for Thompson Thrift. "We are thrilled with the warm welcome we have received so far and look forward to serving the needs of area residents for years to come." Located near the intersection of Wilson Ave SW […]

  • Mill Creek Announces Start of Preleasing at 210-Unit Modera Pomona Gated Apartment Community in Scenic Los Angeles Locale
    on June 20, 2024 at 9:45 am

    POMONA, CA - Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced the start of preleasing at Modera Pomona, a contemporary apartment community in Los Angeles County. First move-ins are slated for August. The gated community, which includes 210 apartment homes and a refined suite of amenities, sits at 2710 North Towne Avenue on the southeast corner of the E. Bonita Avenue intersection. Positioned approximately midway between Los Angeles and San Bernardino, the commuter-friendly locale places residents in a scenic neighborhood within 10 minutes of a key transportation hub. "Modera Pomona offers a scenic respite removed from the bustle of the city, yet close enough for residents to easily access a […]

  • Suncrest Announces Grand Openings of Two Zora Living Build-to-Rent Luxury Communities in Charlotte and Phoenix Metropolitan Markets
    on June 19, 2024 at 9:31 am

    PHOENIX, AZ - Suncrest, a leading residential master-developer, is making waves in Charlotte and Phoenix with recent grand openings of two exceptional, luxury rental home communities – the first in their planned national portfolio of Zora Living communities. Zora University celebrated their Grand Opening May 25, and offers a selection of 108 one- and two-bedroom, craftsman-style homes, each featuring smart home technology, private entrance, and individually fenced and landscaped backyards. The community, conveniently located near major employment hubs, includes an array of amenities, including a sparkling resort-inspired pool, outdoor grilling stations, fitness facility, yoga lawn, and open-air courtyards. Sean Cooney, Suncrest Managing Partner, expressed his excitement: "Zora […]

  • Thompson Thrift Continues Georgia Expansion with 360-Unit The Liliana Luxury Multifamily Community Project in Savannah Submarket
    on June 18, 2024 at 9:30 am

    SAVANNAH, GA - Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced the development of The Liliana, a 360-unit Class A multifamily community in the prosperous Savannah suburb of Pooler. The company expects to begin construction in June, with resident move-ins slated for summer of 2026. "Savannah's impressive job and rent growth positions it as one of the fastest-growing cities in the Southeast," stated Josh Purvis, managing partner for Thompson Thrift Residential. "We're thrilled to introduce a Thompson Thrift community to this thriving market." Located near the sought-after Savannah Quarters neighborhood just off Interstate 16 and Pooler Parkway, The Liliana will span approximately 23 acres and will […]

  • Aventon Companies Breaks Ground on its Fifth Luxury Apartment Community in Orlando Market with 346-Unit Aventon Lake Conway
    on June 17, 2024 at 11:44 am

    ORLANDO, FL - Aventon Companies, a prominent multifamily developer and general contractor with active projects throughout the Mid-Atlantic and Southeast, announces that it has broken ground on its fifth luxury apartment community in Orlando, FL. Located near its highly successful Aventon Isabelle lease up, Aventon Lake Conway will encompass 23 acres off Hoffner Avenue and add 346 units to the vibrant submarket. Aventon Lake Conway will offer one, two and three-bedroom units with top-of-the-line finishes and an expansive amenity package. Inside Aventon's signature community clubhouse, residents can look forward to amenities including a remote working lounge, game room, 24/7 fitness center and pet spa. Outside a resort-style pool courtyard will provide residents the ideal destination to […]

  • CIM Group Completes Disposition of 159-Unit Lennox at West Village Apartment Community in Dallas’ Uptown West Village Neighborhood
    on June 14, 2024 at 9:26 am

    DALLAS, TX - CIM Group announced the sale of Lennox at West Village, a 159-unit apartment community set on an approximately 6.49-acre property with 249 parking spaces that was acquired in 2013. Located at 3700 Cole Ave. in the West Village neighborhood of Uptown Dallas, the community offers contemporary residences designed as studio to three-bedroom floorplans. Built in 2001, Lennox at West Village s four-story building surrounds a center courtyard which features a resort-style pool with barbeque area and lounge space. Residents also enjoy an indoor gathering area, the Metropolitan Lounge, a coffee bar, fitness center and an on-site dog park. Lennox at West Village provides a sophisticated residence option in a walkable environment, proximity to the employment centers of Downtown and […]

For information on the various roles of real estate brokers, please download a copy of the brochure entitled “Working with Real Estate Agents”. If you are a potential Buyer or Seller and this is the first contact with our firm, we are required by the North Carolina Real Estate Commission to review this brochure with you at the first opportunity and answer any questions you may have. Please contact Richard Cotton at 910-431-7986 or by email at rcotton@mra-apartments.com for more information.