News

HTG-Red-Oaks-Austin
Affordable HousingDevelopmentFinanceNewsTexas

HTG Opens $26M Red Oaks Affordable Housing in Austin

by Lynn Peisner

AUSTIN, TEXAS — Housing Trust Group (HTG) has completed and opened Red Oaks, a 70-unit, $26 million affordable housing community in the Anderson Mill neighborhood of Northwest Austin. Apartments at Red Oaks will be reserved for families earning 30, 50 and 60 percent of local area median income, which was $94,000 for an individual and $134,000 for a family of four in 2025, according to HUD. Miami-based HTG partnered with nonprofit group AM Affordable Housing and locally based consulting firm Thoman & Butler on the project. Funding sources for Red …

Continue Reading
0 FacebookTwitterLinkedinEmail
REV3-Walnut-Creek-Austin
Build-to-RentDevelopmentNewsTexas

Trilogy Investment Begins Construction of REV3 at Walnut Creek in Austin

by Lynn Peisner

AUSTIN, TEXAS — Trilogy Investment Co. has broken ground on a 190-unit, build-to-rent (BTR) townhome project in Northeast Austin. REV3 at Walnut Creek will feature three-bedroom townhomes averaging approximately 1,493 square feet. Each residence will include a one-car attached garage. REV3 Homes, a division of Trilogy Investment Co., will serve as builder for the project. Leasing is expected to begin in the third quarter of 2027, with construction completion slated for the second quarter of 2028. The Alpharetta, Georgia-based developer also has recently broken ground on other BTR projects in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Tower-on-Piedmont-Atlanta
GeorgiaInvestment SalesNewsSoutheast

TruAmerica Buys Atlanta High-Rise

by Lynn Peisner

ATLANTA — TruAmerica Multifamily has acquired The Tower on Piedmont, a 20-story, 155-unit high-rise community in Atlanta’s Buckhead submarket. The seller and sales price were not disclosed. Los Angeles-based TruAmerica has acquired approximately $250 million in market-rate and affordable housing since the start of 2026. With the new Buckhead addition, the company now owns and manages about 3,000 units in Atlanta. The prior owner invested $3 million in capital improvements to the property’s interiors, and TruAmerica plans to pick up the mantle with additional unit upgrades as well as updates …

Continue Reading
0 FacebookTwitterLinkedinEmail
Trailside-Fort-Myers
DevelopmentFloridaNewsSoutheast

Ryan Cos. Breaks Ground on 350-Unit Project in Fort Myers

by Lynn Peisner

FORT MYERS, FLA. — Ryan Cos. has begun construction of Trailside at Dia Crossing, an eight-building, 350-unit project in Fort Myers. Completion is slated for the first quarter of 2027. The property is situated by a 30-acre nature preserve with a kayak launch to Estero Bay. Amenities include a resort-style pool, 9,500-square-foot clubhouse, fitness center, sauna, cold plunge and yoga deck. Ryan is serving as builder, developer and architect, with its in-house architecture group Ryan A+E Inc. U.S. Bank provided construction financing for the project.

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Radler-Summerville
DevelopmentNewsSouth CarolinaSoutheast

Woodfield Begins Second Phase at South Carolina’s Downtown Nexton

by Lynn Peisner

SUMMERVILLE, S.C. — Woodfield Development and PGIM have begun construction of Nexton Townhomes, a 114-unit build-to-rent community that comprises the second phase of the developers’ Radler project in Summerville. Both communities are located in Downtown Nexton, a 4,500-acre master-planned development located approximately 25 miles northwest of Charleston along the I-26 corridor. Designed for walkability, Nexton includes residential neighborhoods, approximately 100,000 square feet of dining and retail space, commercial and office development and a network of parks and trails. At full buildout, expected to occur approximately within the next five to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ardan-West-Village-Dallas
Investment SalesNewsTexas

Mill Creek Residential Sells Ardan West Village in Uptown Dallas

by Lynn Peisner

DALLAS — Institutional Property Advisors (IPA) has arranged the sale of Ardan West Village, a 389-unit property at 2975 Blackburn St. in the pedestrian-friendly West Village shopping and dining district in the Uptown area of Dallas. IPA’s Joey Tumminello, Drew Kile, Michael Ware, Taylor Hill and Cameron Purse represented the seller, Mill Creek Residential, and procured the buyer, Knightvest. Ardan West Village is comprised of one- and two-bedroom floor plans and amenities such as a resort-style pool, coworking lounge and a controlled-access parking garage. The Cityplace/Uptown Dallas Area Rapid Transit …

Continue Reading
0 FacebookTwitterLinkedinEmail
2156-and-2158-W-21st-St
IllinoisInvestment SalesMidwestNews

Interra Brokers Sale of Two-Property Portfolio in Chicago for $5.1M

by Lynn Peisner

CHICAGO — Interra Realty’s Jeremy Morton has arranged the $5.1 million sale of 2156 and 2158 W 21st St. in Chicago’s Pilsen neighborhood. Neither party to the transaction was named. The two-property portfolio includes 24 units. Both buildings were constructed in 1893. Units were renovated in 2023, at which time quartz countertops, stainless steel appliances, updated bathrooms and in-unit washers and dryers were installed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Modera-Neptune-oceanside
CaliforniaDevelopmentNewsWestern

Mill Creek Residential Breaks Ground on Modera Neptune in Oceanside, California

by Lynn Peisner

OCEANSIDE, CALIF. — Mill Creek Residential has broken ground on Modera Neptune, a 359-unit mid-rise in Oceanside. Modera Neptune will be comprised of one- and two-bedroom units ranging from 700 to 1,451 square feet, with some units featuring dens. Amenities will include a rooftop resort-style pool and deck with a hot tub and a wellness spa with a steam room, sauna and red light therapy room. An outdoor kitchen will be complemented by a dining and grilling area and fire pit. The property also will feature a clubroom, game room, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Aura-Avant-Lewisville
Investment SalesNewsTexas

Trinsic Residential Group Sells Aura Avant in Lewisville, Texas

by Lynn Peisner

LEWISVILLE, TEXAS — Newmark has arranged the sale of Aura Avant, a 300-unit community in the northwest Dallas suburb of Lewisville. Newmark’s Brian O’Boyle Jr., Brian Murphy and Richard Furr represented the seller, Dallas-based Trinsic Residential Group, in the transaction. The buyer was Cameron Brothers, a San Diego-based, family-owned real estate firm. Aura Avant was completed in 2024 and was 92 percent occupied at the time of sale. The property features a clubhouse, a pool, fitness center, outdoor kitchen, a rooftop deck, pet-friendly features and a 24-hour package room.

Continue Reading
0 FacebookTwitterLinkedinEmail
Ian-Slavin-Portman
Company NewsFloridaNewsPeople News

Portman Hires Ian Slavin to Lead Florida Development

by Lynn Peisner

BOCA RATON, FLA. — National developer Portman has hired Ian Slavin as vice president of residential development. Slavin, based in Boca Raton, will identify and execute multifamily opportunities in Florida markets and oversee residential development operations and strategy across the state, including a 397-unit project at 2400 East Atlantic Blvd. in Pompano Beach that begins later this year. Before joining Atlanta-based Portman, Slavin most recently served as principal at consulting firm MIVO Development Group. Prior to that, he was development manager at Encore Capital Management.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.