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Development

Build-to-RentDevelopmentFinanceMidwestNebraskaNews

Cavan Cos. Receives $87.5 Million in Construction Financing for Build-to-Rent Projects in Omaha, Nebraska

by Channing Hamilton

OMAHA, NEB. — Cavan Cos. has secured two construction loans totaling $87.5 million for the development of The Bungalows on Honeysuckle and The Bungalows at Whitehawk Lake, two build-to-rent (BTR) projects in Omaha. ORIX Corp. USA’s Real Estate Capital Group provided the financing. Timelines for completion were not disclosed. Combined, the two projects will feature 466 single-story homes in one-, two- or three-bedroom layouts. Each residence will include open floor plans, 10-foot ceilings, laundry rooms, walk-in closets and fenced back yards with artificial turf. Select homes will also have garages. Both communities will …

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The Quarry in Fort Collins, Colorado
ColoradoDevelopmentLeasing & MarketingNewsWestern

Thompson Thrift Opens 319-Unit The Quarry in Fort Collins, Colorado

by Channing Hamilton

FORT COLLINS, COLO. — Thompson Thrift has opened The Quarry, a 319-unit community in Fort Collins, roughly 65 miles north of Denver. The Quarry is situated on a 20-acre site at 1775 Ashlar Drive, near the main campus of Colorado State University. The Quarry features one-, two- and three-bedroom apartment units in three- and four-story buildings, as well as 10 single-family villa structures and detached garages. Units feature bar kitchens with quartz countertops, walk-in closets and full-size washers and dryers. Select units also feature fenced yards. Amenities include a clubhouse, …

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Affordable HousingDevelopmentMidwestNewsWisconsin

Partnership Completes 48-Unit Affordable Housing Development in Green Bay, Wisconsin

by Channing Hamilton

GREEN BAY, WIS. — A partnership between Gorman & Co. and the Lutheran Social Services of Wisconsin and Upper Michigan (LSS) has completed Bay City Lofts, a 48-unit affordable and supportive housing community in Green Bay. The property is located at 2510 University Ave. Of the total unit count, 40 are set aside for tenants earning between 30 and 60 percent of the area median income. The remaining eight units are market rate. Amenities include a community room, fitness center and onsite offices for LSS, which will provide supportive services …

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RENDER Douglasville in Douglasville, Georgia
DevelopmentNewsSoutheast

Crescent Communities to Develop 300-Unit Community in Douglasville, Georgia

by Channing Hamilton

DOUGLASVILLE, GA. — Crescent Communities plans to develop RENDER Douglasville, a 300-unit community in Douglasville, roughly 20 miles west of Atlanta. Once completed in early 2026, the property will offer amenities including a pool, clubhouse, outdoor spaces and entertainment programming. Project partners include CIBC, Great Southern Bank and Crescent Communities Construction. Phoenix Capital Management is providing financing. RENDER Douglasville is situated within The Trails, a mixed-use project that The Foxfield Cos. is developing. In addition to RENDER Douglasville, The Trails also features 60,000 square feet of townhome, hospitality and office …

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DevelopmentLeasing & MarketingNewsTexas

AOG Living Opens 282-Unit The Sophie in New Braunfels, Texas

by Channing Hamilton

NEW BRAUNFELS, TEXAS — AOG Living has opened The Sophie, a 282-unit property located at 108 Oak Creek Way in New Braunfels, about 33 miles northeast of San Antonio. The Sophie features apartments in one-, two- and three-bedroom layouts. Amenities include a fitness center, business center and cyber lounge, clubhouse with clubroom and gaming area, pool with cabanas, dog park and pet wash station, courtyard Biergarten, sky lounge and package lockers. Tenants will also have access to grilling stations, a fire pit, electric vehicle chargers and carport and garage parking. …

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Company NewsDevelopmentMidwestNewsOhioPeople News

Woda Cooper Cos. Adds Two Professionals as Development Officers

by Channing Hamilton

COLUMBUS, OHIO — Woda Cooper Cos. Inc., a developer and property manager headquartered in Columbus, has added two professionals as development officers.  The company hired Malik Jordan to the role of senior vice president of development. In this role, Jordan will oversee development projects that involve housing, capital projects and community engagement. Jordan received a bachelor’s degree in English from Coppin State University and a master’s degree in urban and regional planning from Georgetown University. Jordan has 16 years of experience and is a board member for GEDCO, a faith-based …

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Affordable HousingCaliforniaDevelopmentNewsSeniors HousingWestern

DHI Hellenic Apartments Completes Rehabilitation of Affordable Housing Community for Seniors in Sacramento, California

by Channing Hamilton

SACRAMENTO, CALIF. — DHI Hellenic Apartments L.P., a California-based limited partnership, has completed the renovation and rehabilitation of Hellenic Senior Apartments, an affordable senior’s housing property in the Pocket-Greenhaven area of Sacramento. Renovations included replaced roofs and siding, new energy-efficient systems and updates to common areas such as the clubhouse, leasing office and laundry facilities. All 70 units received new windows, sliding glass doors, energy-efficient appliances, dishwashers, modern kitchen cabinets and countertops. Fourteen units were upgraded to be fully ADA compliant, and several units received additional modifications to accommodate residents …

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ColoradoDevelopmentLeasing & MarketingNewsWestern

Thompson Thrift Opens 336-Unit Premier at West Park in Greeley, Colorado

by Channing Hamilton

GREELEY, COLO. — Thompson Thrift has opened Premier at West Park, a 336-unit complex in Greeley, roughly 60 miles north of Denver. Located at 3800 Centerplace Drive, Premier at West Park consists of 10 three-story buildings across 21 acres. Apartments come in one-, two- and three-bedroom layouts. Amenities include a clubhouse, pool, fitness center, outdoor game area, seating area with gas fire pits, dog park, pet spa with grooming station and pickleball court. The property also includes 133 detached garages. The first residents began moving in during the early summer …

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Company NewsDevelopmentLeasing & MarketingNewsOperationsTexas

LV Collective Appoints Alex Perkins as President of Multifamily

by Channing Hamilton

AUSTIN, TEXAS — LV Collective has hired Alex Perkins as president of multifamily. In this role, he will define and execute the Austin, Texas-based firm’s multifamily platform, overseeing strategy, development, capital markets, operations and asset management. Prior to joining LV Collective, Perkins served as a director for Greystar Development and Construction Services. He is a member of the advisory council for the University of Texas Real Estate Center, where he advises on program strategy and curriculum design.

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Avalon Oakridge in Durham, North Carolina
DevelopmentNewsNorth CarolinaSoutheast

AvalonBay Underway on First Phase of 930-Unit Avalon Oakridge in Durham, North Carolina

by Channing Hamilton

DURHAM, N.C. — AvalonBay Communities is currently underway on the development of Avalon Oakridge, a 930-unit project located along Durham-Chapel Hill Boulevard in Durham. The developer broke ground on phase I of the project, which will comprise 459 apartments, earlier this year. The first move-ins are expected to begin in the fall of 2026.  Additionally, AvalonBay Communities has acquired 7.8 acres from Beacon Properties Group for Phases II and III of the development, which will comprise a further 471 apartment units.  Chester Allen, Howard Jenkins and Tiffany Hilburn of CBRE …

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