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Renaissance-at-Strawberry-Creek
FloridaInvestment SalesNewsSoutheast

NAI Hallmark Brokers Jacksonville Sale

by Lynn Peisner

JACKSONVILLE, FLA. — The Focus Group has sold Renaissance at Strawberry Creek in Jacksonville for $23.4 million to Huber Equity Group. NAI Hallmark Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction on behalf of the seller and buyer. The 195-unit property was developed in 1969 and was renovated most recently in 2024. Units are offered in floor plans ranging from one to three bedrooms. Renaissance at Strawberry Creek consists of 14 three-story buildings and a clubhouse situated on about 11 acres.

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Alta-Flatirons
ColoradoDevelopmentNewsWestern

Wood Partners Breaks Ground on Alta Flatirons Near Denver

by Lynn Peisner

SUPERIOR, COLO. — Wood Partners has broken ground on Alta Flatirons in Superior, 22 miles northwest of Denver. The 251-unit building will include a mix of studio, one- and two-bedroom layouts. Amenities feature a lobby area with a coffee bar, a clubroom with kitchen and wine storage, a library with coworking space, a billiards room, conference and game rooms, a fitness center, pool and a courtyard with a grilling area and dog park. Wood Partners will complete the project by approximately April 2027. Alta Flatirons is being developed on the …

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The-Ames
FinanceNewsSouth CarolinaSoutheast

Mesa West Funds $50.4 Million ReFi for Woodfield

by Lynn Peisner

SUMMERVILLE, S.C. — Woodfield Development has secured $50.4 million to refinance The Ames in Summerville. Walker & Dunlop’s Charleston Capital Markets team, led by Walker Layne and Austin Sneed, arranged the loan while Mesa West Capital provided the funds. Woodfield developed the 304-unit property and opened it last year. It is located in Nexton, a mixed-use community in Summerville, 25 miles northwest of Charleston. The Ames includes floor plans ranging from studios to three-bedrooms. Community amenities include a resort-style pool with poolside cabanas and grilling stations, an outdoor amphitheater, a …

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Natalina-Rettew
Company NewsNewsPeople News

Rettew Joins Trion Properties

by Lynn Peisner

LOS ANGELES — Trion Properties has hired Natalina Rettew, a former senior executive at LivCor, a Blackstone company, as head of asset management. At LivCor, Rettew was responsible for a $5 billion portfolio of multifamily and retail properties across California, Oregon, Washington and Colorado. Private equity real estate investment firm Trion Properties was founded in 2005 and focuses on value-add multifamily investments.

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The Maddux at Shadowood
GeorgiaInvestment SalesNewsSoutheast

Marcus Partners, RPM Investments Buy Asset Near Truist Park in Atlanta

by Lynn Peisner

ATLANTA — Marcus Partners and RPM Investments have acquired The Heights at Shadowood, a 287-unit community in Atlanta, for an undisclosed price. The property, developed in 2023 by the Worthing Cos., is one mile from the mixed-use district known as The Battery and Truist Park, home stadium for the Atlanta Braves. The new owners are planning to rename the community The Maddux at Shadowood. Don Hoffman of CBRE Southeast arranged the sale.

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Avilla Railhead
Build-to-RentDevelopmentNewsTexas

NexMetro Opens DFW Build-to-Rent Project

by Lynn Peisner

CLEBURNE, TEXAS — NexMetro Communities has opened Avilla Railhead, a build-to-rent property 32 miles south of Fort Worth, Texas. This is NexMetro’s 16th community developed in the Dallas-Fort Worth metro area. Avilla Railhead includes 211 detached, single-level homes that come as one-, two- or three-bedroom floor plans. Units feature private front porches and backyards, smart-home technology and garages with electric-vehicle chargers. Amenities include a pool and lounge area, outdoor pavilion and grills, a dog park and gaming areas. In addition to Dallas-Fort Worth, NexMetro has developed properties in such Sun …

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Oaktree-Portfolio_alcove-orlando
ArizonaFinanceFloridaNewsSoutheastWestern

JLL Capital Markets Arranges $255.3 Million ReFi for TruAmerica, Oaktree Capital Management

by Lynn Peisner

LOS ANGELES — TruAmerica Multifamily and Oaktree Capital Management, both based in Los Angeles, have secured a loan for approximately $255.3 million to refinance four properties. JLL Capital Market’s debt advisory team represented the borrower and was led by President Kevin Mackenzie and Managing Directors Annie Rice and Brandon Smith. The JLL team arranged a five-year, floating-rate loan through a national bank. The portfolio includes three Florida properties: Arbors at Carrollwood in Tampa and Audubon Park and Alcove Orlando in Orlando. In Arizona, the portfolio features Luxe Scottsdale. The properties …

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InterFace-Affordable-Housing-Southeast-Design-panel
Affordable HousingArchitecture & DesignConference CoverageFeaturesNewsSoutheast

Conference Coverage: Affordable Housing Architects Push the Limits of Design Amid Rising Costs  

by Lynn Peisner

ATLANTA — The United States is short 6.8 million affordable housing units, according to the National Low Income Housing Coalition. Developers and owners are driven by a mission to meet this critical shortage. This national problem is fueling the work of architects and designers. Like developers, they, too, have picked up the baton — or the pencil, as the case may be — and applied practices that are custom-tuned to bring much-needed rental housing to market as quickly and efficiently as possible. Editor’s note: InterFace Conference Group, a division of …

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The-Declan
DevelopmentNew JerseyNew YorkNewsNortheast

Rockpoint Opens Declan in Weehawken

by Lynn Peisner

WEEHAWKEN, N.J. — Rockpoint has opened The Declan in Weehawken. The 10-story, 298-unit property is located across the Hudson River from Manhattan. Floor plans are offered as studios and go up to three-bedrooms. According to Apartments.com, monthly rental rates range from $3,380 to $7,875. Units feature hardwood-style plank flooring, quartz countertops, stainless-steel appliances and private balconies, patios or terraces. Highlights from the long list of amenities include a landscaped courtyard with grills, an outdoor dining room, a double-sided fireplace and a gaming area. The property also is home to a …

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UplandFlats Thompson Thrift
ColoradoInvestment SalesNewsWestern

Thompson Thrift Sells Upland Flats in Colorado Springs

by Lynn Peisner

COLORADO SPRINGS, COLO. — Thompson Thrift has sold Upland Flats in Colorado Springs to NALS Apartment Homes for an undisclosed figure. Matt Barnett, Dan Woodward, Jake Young and Dave Potarf of Walker & Dunlop brokered the sale. Thompson Thrift began developing the 300-unit community in 2021. Equity for the project was provided by the Watermark 2021 Multifamily Development Fund III LP. Situated on 15.5 acres, Upland Flats’ amenity package includes 24-hour fitness centers, community gardens, dog parks and more.

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