Multifamilybiz-com Press Releases

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it facilitated the sale of two multifamily buildings in the northwest Chicago area totaling $2.98 million. The six-unit 2337 John Rolfe Drive in Schaumburg, Ill., sold for $1.08 million, while the 12-unit 8755 W. Foster Ave. in Chicago s O Hare submarket transacted for $1.9 million. Interra Managing Partner Patrick Kennelly, Managing Partner Paul Waterloo and Director Nathan Zito represented both the confidential buyer and seller of 2337 John Rolfe. Kennelly, Waterloo and Zito also represented the undisclosed buyer and seller of 8755 W. Foster. Both properties were fully occupied at the time of sale. Rental appreciation near O Hare and in the northwest suburbs has accelerated […]

NEW ORLEANS, LA - 365 Connect, the multifamily industry s leading innovator in AI-driven marketing, leasing, and resident engagement platforms, announced today its CEO, Kerry W. Kirby, has released his latest podcast; The Risk and Reality of ADA-Compliant Digital Platforms in The Age of AI Innovation. The episode is now streaming on MultifamilyBiz, the largest media resource in the multifamily housing industry, and across all major podcast platforms worldwide. The Risk and Reality of ADA-Compliant Digital Platforms in The Age of AI Innovation uncovers the evolution of web accessibility into a high-impact performance engine, as AI-driven discovery platforms reward structured, accessible digital experiences. Kerry W. Kirby highlights how many platforms claim compliance but collapse under […]

PALM BAY, FL - Adam America Real Estate, a leading development and investment firm focused on the living sector, and Stellar Communities, a leading residential real estate development company in Florida, today announced the delivery of the first homes at Havens at Palm Bay Reserve, a new build-to-rent residential community in Palm Bay, Florida. Leasing is now underway for the community s 266 thoughtfully designed single-story casitas, offering a modern and flexible alternative to traditional apartment living. Havens at Palm Bay Reserve features a mix of one-, two-, and three-bedroom standalone homes ranging from approximately 800 to 1,270 square feet. Each residence is designed with spacious floor plans, private yards, and 10- to 12-foot ceilings, creating a sense of openness and privacy. […]

HUTTO, TX - Legacy MCS has completed two build-to-rent communities in Hutto totaling 570 rental homes, supporting continued housing growth in one of Central Texas fastest-growing markets. The projects — Yardhomes Cottonwood Creek and Village at Hutto Station — were completed in November 2025 and reflect continued build-to-rent development activity across Williamson County as growth expands beyond Austin s urban core. Yardhomes Cottonwood Creek, developed by Austin-based Urban Moment, is a 28-acre community located at 401 County Road 199. The project includes 294 one- and two-story rental homes ranging from 635 to 1,391 square feet. The community includes private fenced backyards, open-concept layouts, smart home technology, a pickleball court, community garden, event lawn, and dog […]

CHICAGO, IL - Moyer Properties today announced the start of pre-leasing at The Maven, an 84-unit luxury apartment community at 537 W. Drummond Place in the heart of Chicago s Lincoln Park neighborhood. Cross Street, the exclusive leasing and marketing firm for the property, is now conducting guided hard-hat tours, offering prospective residents the opportunity to secure their home in advance of June 15 move-ins. The seven-story mid-rise delivers a distinguished residential experience through sophisticated architecture, premium materials and thoughtful interior design. The Maven offers a collection of studio (from $2,395 per month), one-bedroom (from $3,050 per month), one-bedroom-plus-den (from $4,395 per month) and two-bedroom (from $4,895 per month) residences ranging from 415 to 1,047 […]

TAMPA, FL - BuildCore today announced that multifamily industry standout Cam Bruckman has joined the company as Chief Revenue Officer, signaling an accelerated push to scalAMe its proven multifamily services platform nationwide. Bruckman brings a rare blend of hands-on construction experience and high-level relationship management that has made him one of the most recognized and respected operators in the multifamily space. His connection to the industry started early in Colorado, working alongside his father, a general contractor—an experience that still shapes his practical, results-driven approach. After graduating from Colorado State University, Bruckman entered the multifamily sector as a local account manager and quickly rose through the ranks. By pairing technical know-how with a […]

PALM BEACH, FL - DiVosta Homes, the luxury home division of PulteGroup, has acquired 53 finished lots in Tequesta for The Reserve at Tequesta, an exclusive enclave of 69 luxury townhomes in one of Palm Beach County s most desirable coastal villages. DiVosta recently closed on the property at 100 Royal Palm Circle near US-1 and SE County Line Road, where it will build out this refined residential neighborhood offering a modern, low-maintenance lifestyle just minutes from the Intracoastal Waterway and Atlantic Ocean. The Reserve at Tequesta will feature spacious two-story townhomes ranging from approximately 1,892 to 1,989 square feet, with three bedrooms, 2.5 bathrooms, and two-car garages. Pricing is anticipated to start from the $800,000s. Construction should begin soon, with first […]

SAN DIEGO, CA - San Diego-based Sunrise Management – which has specialized in the management of multifamily real estate since 1978 – has appointed Peter Richter as its new vice president of client strategy, adding a seasoned real estate executive with nearly two decades of experience in investor relations, capital raising, asset management and property management. In his new role, Richter will help guide the company s strategic growth initiatives, strengthen investor and client relationships, identify new business opportunities and support the continued expansion of Sunrise Management s multifamily portfolio throughout California. Richter brings a diverse background spanning real estate operations and investment strategy with a proven ability to align financial performance with […]

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, in partnership with Cushman & Wakefield, announced they have arranged the sale and provided, $28,219,000 in Freddie Mac financing for the acquisition of Landmark Apartments, a 264-unit multifamily property in Tuscaloosa, Alabama. The financing was originated by Elliott Mulkin, Managing Director at Greystone, with Cushman & Wakefield serving as the exclusive investment sales advisor through Andrew Brown and Craig Hey. Landmark Apartments is a garden-style community built in 2007 and situated on more than 23 acres. The financing for the acquisition carries a 5-year term with a 30-year amortization schedule and features an interest-only period followed by amortization. The property features a mix of […]

MIAMI, FL - WD Capital Group advised on the arrangement of a $3,375,000 credit facility for a boutique short-term rental (STR) asset located in Miami Beach, Florida. Acting on behalf of the borrower, the firm structured and secured a financing solution designed to support the asset s continued operation, stabilization, and performance optimization. The facility was structured as a 12-month interest-only loan with extension options, providing the borrower with the flexibility to execute operational improvements and enhance revenue generation. The property comprises a boutique residential asset currently operated as a short-term rental platform, positioned to capture strong transient demand within one of South Florida s most active hospitality submarkets. Located within a highly walkable […]

MIAMI, FL - McDowell Housing Partners (MHP), a leading affordable housing developer and investment company, proudly announces the appointment of Brian Villa as the firm s new Chief Investment Officer. In his role, Villa will be responsible for leading both the finance and legal departments and will collaborate with MHP s principals and department leaders to advance the firm s vision and operational strategies. As we accelerate our mission to deliver high-quality, affordable housing, Brian brings the strategic investment expertise needed to expand our impact, said W. Patrick McDowell, Chairman & CEO of McDowell Housing Partners. His track record in navigating complex capital markets will be invaluable as we grow our portfolio and serve more families. Villa brings nearly two decades […]

CHICAGO, IL - Greenstone Partners is pleased to announce the addition of Aaron Ramirez as an Investment Associate and Ilma Seperovic as a Senior Marketing Manager, strengthening the firm s capabilities across investment sales and marketing strategy. Ramirez joins the firm as an Investment Associate, focusing on the acquisition and disposition of urban retail and mixed-use properties across Chicago s North and Northwest sides. He advises clients on investment strategies within neighborhood-driven markets, leveraging his understanding of local trends to position assets for competitive outcomes. "I was drawn to Greenstone for the opportunity to build a meaningful career in an entrepreneurial environment, and work with some of the most established brokers in Chicago," said Aaron, Investment […]

HUNTERSVILLE, NC - Flournoy Development Group (FDG) has officially broken ground on Declan Huntersville, a premier 318-unit multifamily development located along Hambright Road in Huntersville, NC. Situated on approximately 35.62 acres, the project marks the continued expansion of FDG s dynamic Declan brand into one of the Charlotte metropolitan area s most desirable and rapidly growing suburbs. The community will be constructed by CF Evans Construction and managed by Flournoy Properties Group upon completion. Positioned just one exit north of the Charlotte city limits off Interstate 77, Declan Huntersville offers residents direct connectivity to the region's primary employment and lifestyle hubs. Residents will enjoy convenient access to retail, entertainment, dining, and recreation on […]

NEW YORK, NY - Arqline, the unified national operating platform from Alfred, has appointed Maggie McGill as Associate Managing Director. McGill brings more than 25 years of experience leading operations across complex, high-growth portfolios and will play a key role in advancing Arqline s platform as it continues to scale nationwide. McGill joins at a pivotal moment, as Arqline expands its footprint across more than 50,000 multifamily and build-to-rent homes in 31 markets. Her appointment reflects the company s focus on pairing strong operational leadership with a next-generation model built for performance, consistency, and long-term growth. Most recently, McGill served as Senior Vice President at Redwood Communities, where she oversaw property operations, financial performance, and […]

PEMBROKE PINES, FL - McDowell Housing Partners (MHP) and Miami Jewish Health (MJH) today announced the completion of Douglas Gardens Senior Health and Living, a 410-unit mixed-income, mixed-use residential community in Pembroke Pines that stands as the largest affordable senior housing development in Broward County and the second largest in the state of Florida. The $139 million development represents a landmark achievement in Florida s affordable housing landscape, combining residential units with on-site healthcare services - the state s largest Program of All-Inclusive Care for the Elderly (PACE) under one campus. Designed to serve seniors primarily at 30% and 60% of the Area Median Income (AMI), Douglas Gardens IV directly addresses one of Broward County s most pressing challenges - […]

CHICAGO, IL - Chicago-based Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, today announced the completion of Rifle Apartments, a 60-unit income-restricted rental community in Rifle, Colo. The development, which is professionally managed by Evergreen, is currently 95% leased. On April 17, Evergreen executives joined Rifle Mayor Clint Hostettler and other project partners including representatives from the Colorado Housing Finance Authority (CHFA), Key Bank and Colorado Division of Housing for a grand opening celebration. Filling a vacant 4.7-acre site at 115, 123 and 131 Park Ave., Rifle Apartments is the first family-oriented Low-Income Housing Tax Credit (LIHTC) project built in Rifle over […]

WASHINGTON, DC - MGAC, a global boutique consultancy and owners representative specializing in project and cost management, celebrates 30 years of growth and work on some of the most outstanding buildings and developments in the world. The firm has grown exceptionally over the past three decades, expanding its international footprint from its founding in Washington, DC to offices across North America, Europe, and Asia-Pacific. Over the past three decades, MGAC has established a network of offices in Washington, DC; Los Angeles; New York; San Francisco; Seattle; Toronto; London; Birmingham; Brighton; Glasgow; and, most recently, Melbourne. The firm now brings together 370+ professionals offering services that span project management, cost management, program / portfolio management, project […]

CHICAGO, IL - RMK Management Corp., one of the Midwest s largest market-rate apartment management firms, is pleased to announce that multiple team members from four properties in its portfolio earned accolades at the 2026 Chicagoland Apartment Marketing and Management Excellence (CAMME) Awards, presented by the Chicagoland Apartment Association. Each year, the CAMME Awards is a capstone evening for our firm, as it s a wonderful opportunity to reflect on the tremendous achievements of our staff and the enhancements to our properties over the past year, said Anthony Rossi Jr., president of RMK Management Corp. We know our teams give their best to our residents every day, but to see their hard work acknowledged by peers in the industry makes it even more rewarding and special. RMK […]

NEW YORK, NY - Arqline, the unified national operating platform from parent company Alfred, continues to strengthen its leadership team with the addition of Dan Carr as Executive Vice President, Portfolio Strategy and Expansion. Carr will lead strategic growth initiatives across Arqline, which manages over 50,000 multifamily and build-to-rent homes across 31 markets, representing $20 billion in asset value. Carr, a strategic growth leader with a deep track record of scaling high-velocity portfolios across various real estate asset classes, joins Arqline s leadership team to drive a new era of data-driven expansion and operational discipline. His addition is complemented by the arrival of key growth-focused team members, including Cory Rasmussen as Business Development […]

MIAMI, FL - McDowell Housing Partners (MHP), a leading affordable housing development and investment company, announced the financial closing to build Ekos at Warrington, its first affordable housing community in Pensacola, FL, comprising a total of 120 units. We are excited to break ground on Ekos at Warrington, our first affordable development in Escambia County, made possible through Florida s landmark Live Local Act, which will provide working families with apartments and loads of amenities in a prime location, said Christopher Shear, President of McDowell Housing Partners. Ekos at Warrington is a leading example of policy working as intended. It demonstrates how targeted public investment can deliver meaningful housing for those who need and deserve it most. As the developer […]