Author

Channing Hamilton

J Veridian at Upper Dublin in Fort Washington, Pennsylvania
DevelopmentNewsNortheastPennsylvania

JAG Delivers 310-Unit Community in Fort Washington, Pennsylvania

by Channing Hamilton

FORT WASHINGTON, PENN. — Jefferson Apartment Group (JAG), along with equity partner CP Capital, has delivered J Veridian at Upper Dublin in Fort Washington, about 25 miles north of Philadelphia. Situated on a 14 acre-site at 1125 Virginia Drive, the community spans 310 units across three five-story buildings. Units range from one- to three-bedroom floor plans. The complex also offers 12,000 square feet of indoor amenities anchored by a clubroom and bar. Other features include a game area with billiards, shuffleboard and arcade gaming, lounge, poker room, fitness center, resident movie …

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The Strand in West Sacramento, California
CaliforniaInvestment SalesNewsWestern

Partnership Acquires Garden-Style Asset in West Sacramento, California, for $126 Million

by Channing Hamilton

WEST SACRAMENTO, CALIF. — A partnership between The Bascom Group LLC and Oaktree Capital Management LP has acquired The Strand, a 408-unit property in West Sacramento. The garden-style asset traded for $126 million. The identity of the seller was not disclosed. The Strand was built in 2021 by MBK Rental Living. The property consists of 39 three-story buildings offering a mix of one-, two- and three-bedroom apartments. The average unit size is 885 square feet. Amenities include two pools with cabanas, a clubhouse, fire pits and gas grills, a spa …

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Modera Nations in Nashville, Tennessee
DevelopmentNewsSoutheastTennessee

Mill Creek Underway on 396-Unit Community in Nashville, Tennessee

by Channing Hamilton

NASHVILLE, TENN. — Mill Creek Residential is constructing Modera Nations, a 396-unit project in The Nations neighborhood along the Cumberland River in Nashville. Situated at 1650 54th Ave. N, Modera Nations will be located about three miles west of the city’s downtown area. Mill Creek broke ground on the project in December 2023, with the first move-ins slated for fall 2025. Modera Nations will feature studio, one-, two- and three-bedroom apartments. Each unit will include a patio or balcony, as well as technology features such as smart thermostats, key fob …

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Elmonica Station in Beaverton, Oregon
Affordable HousingDevelopmentNewsOregonWestern

Developers Break Ground on Affordable Elmonica Station Project in Metro Portland

by Channing Hamilton

BEAVERTON, ORE. — REACH Community Development and Mercy Housing Northwest have broken ground on Elmonica Station, a $51.8 million affordable housing project in Beaverton, eight miles west of Portland. The community will consist of 81 units for households earning at or below 60 percent of the area median income (AMI) or 30 percent AMI. Elmonica Station will feature a mix of studio, one-, two-, and three-bedroom apartments. Planned amenities include community rooms, outdoor play and gardening spaces, laundry rooms on all residential floors and a food pantry. The project is located at the …

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Mark English
FeaturesFrom the MagazinesOperations

The Hidden Costs of Accessibility Oversights

by Channing Hamilton

In the multifamily housing industry, accessibility compliance isn’t just about following regulations — it’s about protecting investments, ensuring equal access for all residents and mitigating risk.  Yet many property owners find themselves facing costly retrofits and legal exposure due to what experts call “death by a thousand wrong answers.” Not getting any advice can be just as bad as getting a lot of wrong advice from unqualified sources. It is imperative that you receive guidance from experts who understand the nuances and overlap of different regulations. If you don’t, you …

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LOCAL on Delmar in University City, Missouri
DevelopmentMidwestMissouriNews

Subtext Breaks Ground on 259-Unit Project in University City, Missouri

by Channing Hamilton

UNIVERSITY CITY, MO. — Subtext has begun development of LOCAL on Delmar, a 259-unit project in University City, roughly 10 miles west of St. Louis, Missouri. The development site is located at 6650 Delmar Blvd., about one mile from Washington University. The 398,225-square-foot building will feature a mix of studio, one-, two- and three-bedroom apartments and townhomes. The property will also include a five-story parking garage with 399 parking spaces, as well as approximately 7,100 square feet of street-level retail space. Amenities will include a clubroom, vinyl listening station, work-from-home …

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Company NewsFloridaNewsPeople NewsSoutheast

Eagle Property Capital Adds Barry Chase as Partner, Managing Principal

by Channing Hamilton

MIAMI — Barry Chase has joined Eagle Property Capital (EPC), a Miami-based investment manager specializing in workforce housing, as a partner and managing principal. In this role, Chase will be responsible for co-leading EPC’s strategy and execution, as well as enhancing investment policies and procedures and contributing to new product offerings. Prior to joining EPC, Chase was one of the founders and served as the CEO and executive chairman of Belay Investment Group. Additionally, he has held senior executive positions at Koll Development, Cushman Realty Corp. and CT Realty. Since …

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Investment SalesNewsTexas

Atlantic Multifamily Sells 192-Unit Destino Apartments in Grand Prairie, Texas

by Channing Hamilton

GRAND PRAIRIE, TEXAS — Atlantic Multifamily has sold The Destino, a 192-unit community located in Grand Prairie, roughly midway between Dallas and Fort Worth. The Destino was constructed on an 11-acre site in the 2000s. The community consists of 18 buildings and offers one-, two- and three-bedroom floor plans. Amenities include a pool, outdoor kitchen, playground and a dog park. Al Silva and Ford Braly of Marcus & Millichap represented the seller and procured the buyer, a New York-based private investment company, in the deal.

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Nimbus in Everett, Washington
Investment SalesNewsWashingtonWestern

CEP Multifamily Buys Nimbus in Everett, Washington, for $49 Million

by Channing Hamilton

EVERETT, WASH. — CEP Multifamily has purchased Nimbus, a 165-unit property located at 2701 Rockefeller Ave. in Everett, approximately 30 miles north of Seattle. David Young, Corey Marx and Chris Ross of JLL Capital Markets represented the seller, Trent Development, in the deal. The eight-story complex traded hands for $49 million. Completed in 2022, Nimbus offers a mix of studio, one- and two-bedroom units. Amenities include a coworking lobby, fitness room, arcade, entertainment kitchen and rooftop lounge.

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Pratt Landing in New Rochelle
DevelopmentNew YorkNewsNortheast

Twining Properties to Break Ground on 850,000-Square-Foot Mixed-Use Project in New Rochelle, New York

by Channing Hamilton

NEW ROCHELLE, N.Y. — Twining Properties has received site approval for the construction of Pratt Landing, an 850,000-square foot mixed-use development, from the City of New Rochelle’s Planning Board. The approval, which concludes the entitlement phase of the project, allows for pre-construction demolition, environmental and other site work to begin. Located about 25 miles north of New York City along the Long Island Sound, Pratt Landing will consist of 383 rental apartments, as well as 99 condominiums, a 150-room hotel, 40,000 square feet of restaurant and retail space, 845 parking …

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