Author

Lynn Peisner

Sutton-Flats-Sherman
Affordable HousingDevelopmentLeasing & MarketingNewsOperationsTexas

The NRP Group Opens 300-Unit Mixed-Income Property North of Dallas

by Lynn Peisner

SHERMAN, TEXAS — The NRP Group and Texahoma Housing Partners have opened and begun leasing Sutton Flats, a 300-unit mixed-income community in Sherman, 65 miles northeast of Dallas. Half of the units are reserved for households earning no more than 80 percent of area median income. Monthly asking rents across the community range from $1,132 to 1,540. Amenities include a fitness center, coworking spaces with conference rooms, a game room, clubhouse and lounge, resort-style pool and a dog park. Sutton Flats residents also may rent garage parking spaces. The NRP …

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Adam-Smolyar-American-Landmark-Apartments
Company NewsFloridaNewsPeople NewsSoutheast

American Landmark Apartments Hires Adam Smolyar as CTO

by Lynn Peisner

TAMPA, FLA. — Tampa-based owner-operator American Landmark Apartments has hired Adam Smolyar as chief technology officer. In his role, Smolyar will oversee core systems, data architecture, cybersecurity, data analytics and resident-facing platforms. He is responsible for ensuring the firm’s platforms are scalable and reliable and will partner with American Landmark’s executive leadership team to streamline technology solutions and financial systems. In Smolyar’s recent experience, he served as director of innovation initiatives and tech investments at UDR. Prior to that, he was chief marketing and technology officer at the Urban Land …

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Minto-Waxahachie
DevelopmentInvestment SalesNewsTexas

Minto Communities USA Buys 3,170 Acres in Dallas Metro for Master-Planned Project

by Lynn Peisner

WAXAHACHIE, TEXAS — Minto Communities USA has acquired 3,170 acres in Waxahachie, 30 miles south of Dallas, where the Florida-based developer will build 13,270 new homes. Construction is expected to begin later this year followed by a multi-year buildout. The community will feature two residential districts — an active adult neighborhood and a traditional multifamily community — supported by approximately 140 acres of mixed‑use development. Plans include 750 multifamily units and 1.2 million square feet of retail and commercial space. Minto is planning amenities such as a town center, 400 …

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Taylor-Jones
Industry VoicesOperationsTechnology

What Multifamily Owners Need to Know About Choosing the Right Internet Infrastructure

by Lynn Peisner

By Taylor Jones I have been building bulk internet networks for more than 20 years. One thing has become clear to me over time: Owners are being asked to make infrastructure decisions that are perceived as technical, expensive and challenging when it comes to price-comparing in the marketplace. It is easy to feel like the only “safe” choice is fiber-optic cable throughout the building. While fiber is excellent technology and belongs in many projects, it is not the only path to a strong, modern, future-ready property. What follows is the …

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DevelopmentNewsTexas

Trammell Crow, Haseko Plan Allora Fallbrook in Houston

by Lynn Peisner

HOUSTON — A joint venture comprised of Trammell Crow Residential and Haseko North America will develop Allora Fallbrook in Northwest Houston. Completion of the 366-unit community is slated for 2027. The four-story property will feature a mix of one- and two-bedroom floor plans highlighted by such amenities as a resort-style pool, a fitness center, clubhouse and outdoor gathering spaces. Haseko North America, based in Irvine, California, is the subsidiary of Haseko Corp., a Japanese residential construction firm.

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West-Virginia-Park
Affordable HousingDevelopmentNewsTexas

FTK Completes $13.6M Rehab of Dallas Affordable Housing Property

by Lynn Peisner

DALLAS — FTK Construction Services has completed the $13.6 million renovation of West Virginia Park, a 204-unit LIHTC property in Dallas. The property owner is April Housing, a subsidiary of Blackstone Real Estate. Renovations at the 204-unit community included new paint, cabinetry, countertops, plumbing, appliances, flooring, lighting, HVAC and water heaters. Common areas were freshly painted, and landscaping and amenity updates also were provided.

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443-East-88th-Street-New-York
Investment SalesNew YorkNewsNortheast

Jade Century Properties Buys 25-Unit Building for $16.5M

by Lynn Peisner

NEW YORK CITY — Marcus & Millichap has arranged the sale of a 25-unit property at 443 East 88th St. in the Yorkville neighborhood of Manhattan, located on the Upper East Side. The property sold to Jade Century Properties for $16.5 million. Joe Koicim and Logan Markley of the NYM Group of Marcus & Millichap’s New York City office represented the undisclosed seller and procured the buyer.

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Landing36-Las-Vegas
Investment SalesNevadaNewsWestern

PCE Holdings Buys Newly Developed Landing 36 in Las Vegas for $79M

by Lynn Peisner

LAS VEGAS — PCE Holdings, a California-based investment firm, has acquired Landing 36 in Las Vegas in an off-market transaction. The sales price was $79 million, and the seller was Craig Horn. Developed in 2025, the 308-unit community is comprised of studios and one- through three-bedroom floor plans complemented by amenities such as a resort-style pool and hot tub with shaded seating areas, a fitness center with cardio and strength-training equipment, a pet-friendly lawn with a play area and grilling and entertainment spaces. PCE’s strategy is to lease up the …

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Modera-Allston-Boston
DevelopmentMassachusettsNewsNortheast

Mill Creek Residential Breaks Ground on $145M Modera Allston in Boston

by Lynn Peisner

BOSTON — Mill Creek Residential has broken ground on Modera Allston, a midrise community in the Lower Allston neighborhood of Boston. The property, located at 250 Everett St., will feature 240 units in one-, two- and three-bedroom floor plans. Some units will include dens or private patios and balconies. Residents will have access to a rooftop deck, grilling area, clubhouse, a speakeasy-inspired lounge with a sports simulator, coworking spaces and private workstations and offices. A landscaped courtyard, pet spa, fitness center, electric vehicle charging stations, bike storage and a controlled …

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The-Winthrop-Place-Chicago
IllinoisInvestment SalesMidwestNews

Becovic Residential Buys The Winthorp Place in Chicago for $5.5M

by Lynn Peisner

CHICAGO — Becovic Residential, a Chicago-based owner and operator, has purchased The Winthorp Place in Chicago’s lakefront neighborhood of Edgewater for $5.5 million. Green Bay, Wisconsin-based Associated Bank provided a $4.7 million loan to Becovic for the acquisition. Located at 5710 North Winthorp Ave., the community was built in 1929 and features 42 units offered as studio and one-bedroom floor plans. Elizabeth Hozian with Associated Bank’s commercial real estate division arranged the loan, and Essex Realty Group arranged the sale. The building will be managed by Becovic Management Group.

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