Trilogy Investment Company closed a construction loan and broke ground on REV3 at Walnut Creek, a 190-unit build-to-rent townhome community in Austin, Texas. Horizontal construction will begin this month, advancing the first phase of the project in the rapidly growing Northeast Austin submarket.
REV3 at Walnut Creek is located near Samsung’s semiconductor campus. Samsung’s expansion in nearby Taylor represents a multi-billion-dollar investment expected to support thousands of direct and indirect jobs, reinforcing long-term economic fundamentals in the region.
The 190-unit community will feature three-bedroom townhomes averaging approximately 1,493 square feet. Each residence will include a one-car attached garage, open-concept layouts, and modern interiors designed to provide the space and functionality of a single-family home with the flexibility of renting.
REV3 Homes, a division of Trilogy Investment Company, will serve as builder for the project.
Leasing is anticipated to begin in the third quarter of 2027, with completion slated for late in the second quarter of 2028.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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