News
Starlight Opens District Apartment Project in Langford
Starlight Investments has opened the first two residential buildings at The District, a new purpose-built rental community in Langford, B.C. The buildings — The Gallery and The Exchange — add 256 rental homes to the rapidly growing Vancouver Island community. When fully completed later this year, The District will include 597 suites across four residential...
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Industry Groups Pan BTR Investment Ban in Senate Housing Bill
The U.S. Senate voted Thursday to enact the ROAD to Housing Act, legislation that industry groups applauded when it was first introduced. However, the measure now contains a provision targeting build-to-rent (BTR) investment by investors that already own more than 350 units, and the National Multifamily Housing Council and National Apartment Association are calling for...
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NRP Begins Work on 4th Brooks Development
The NRP Group and Brooks celebrated the groundbreaking for Lucia at Brooks, a new $72 million, 353-unit apartment community adjacent to Brooks on San Antonio’s Southside. Austin architecture firm Davies Collaborative is leading the project’s design. Located at 9501 SE Loop 410 in the Brooks region, the three- and four-story Lucia at Brooks will offer...
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Health Wave Pays $63.7M for Denver-Area Sr. Care Facility
Health Wave Partners spent $63.7 million on the 191-unit MorningStar Senior Living of Parker complex, at 18900 E. Mainstreet in Parker. PGIM Real Estate was the seller. The Denver Business Journal reports PGIM paid $62.68 million for the property in 2019. The three-building property was almost fully occupied at the time of the sale. The...
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Madera Residential Picks Up Grand Prairie Rental Community
TDI offloaded the 283-unit Jefferson Cove in Grand Prairie. Madera Residential was the buyer. Newmark’s Brian Murphy, Brian O’Boyle, Jr. and Richard Furr represented TDI in the transaction. Newmark’s Purvesh Gosalia arranged acquisition financing for Madera. Jefferson Cove, completed in 2024, is positioned within the Mansfield/Grand Prairie corridor, one of the fastest-growing areas in the...
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Parkspring Breaks Ground on 240-Unit Fredericksburg Apartment Complex
Parkspring Multifamily is set to break ground on The Lucille, a 240-unit Class A garden-style apartment community on Friendship Lane just west of Main Street in Fredericksburg, Texas. The community will feature 240 residences across 156 one-bedroom and 84 two-bedroom homes. Community amenities will include a pool, fitness center, upscale clubroom, game room with golf simulator,...
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Trammell Crow Kicks Off Charlotte Foundry Redevelopment Project
Trammell Crow Co. pulled its first permit for a Charlotte mixed-use project featuring apartments, a hotel, office and retail at the former Charlotte Pipe and Foundry site. The Charlotte Business Journal reports that first up for the Iron District is a six-story, 278-unit apartment building with a parking structure and 24,333 square feet of retail...
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Toro Begins Work on 301-Unit Cumming City Center Rental Community
Toro Development Company (TDC) has started work on Overlook, a 301-unit multifamily community within Cumming City Center. First units are expected to deliver in 2027. Spanning 75 acres, Cumming City Center features a mix of retail, restaurants, walking trails, an expansive green space and amphitheater for community events and a new municipal building. Overlook amenities...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout