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The-Gray-Houston
Affordable HousingArkansasColoradoFinanceLouisianaMississippiNew MexicoNewsSoutheastTexasWestern

Federal Home Loan Bank of Dallas Awards $73.5 Million in Affordable Housing Grants

by Lynn Peisner

DALLAS — The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $73.5 million in affordable housing grants to 53 projects in Arkansas, Colorado, Louisiana, Mississippi, New Mexico and Texas. FHLB Dallas is part of the Federal Home Loan Bank System, which consists of 11 district Federal Home Loan Banks created in 1932 to provide capital for mortgage funding and support for community investment. FHLB Dallas annually returns at least 10 percent of its profits in the form of affordable housing grants to the communities served by its member …

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The-Meadowlands-Madison
Affordable HousingColoradoGeorgiaMarylandMidwestNew YorkNewsNortheastOhioOperationsSouth CarolinaSoutheastTexasVirginiaWesternWisconsin

WinnResidential Tapped to Manage 28-Property Affordable Housing Portfolio

by Lynn Peisner

INDIANAPOLIS — WinnResidential has been retained by KCG Cos. to operate 28 of the Indianapolis-based developer’s properties. Winn assumed leadership of operations and property management of 4,147 units in July and is expected to be selected to manage future communities over the coming year. KCG-owned workforce and affordable housing communities are located in Colorado, Georgia, Maryland, New York, Ohio, South Carolina, Texas, Virginia and Wisconsin. The company’s portfolio is comprised of approximately 34 communities. WinnResidential is the property management division of Boston-based WinnCompanies.

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Rev3-Athens
Build-to-RentGeorgiaNewsSoutheast

Trilogy Investment Co. Acquires For-Sale Townhome Site, Plans BTR Conversion

by Lynn Peisner

ATHENS, GA. — Trilogy Investment Co. (TIC) has acquired REV3 at Mill Creek, a townhome development project in Athens originally planned as a for-sale community. Trilogy will convert the property to rentals and complete the project by approximately November of this year. TIC has two additional for-sale-to-rental conversion deals expected to close in the next 90 days. Each home will offer three bedrooms and two and a half or three bathrooms, with open-concept layouts, stainless steel appliances, smart home technology and attached garages. Amenities will include walking trails, open green …

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DevelopmentNewsNorth CarolinaSoutheast

Wood Partners Breaks Ground on Alta Durham Summit

by Lynn Peisner

DURHAM, N.C. — Wood Partners will break ground later this month on Alta Durham Summit in Durham. The Atlanta-based developer expects to complete construction of the 312-unit community by summer 2027. The development will replace a former office park and is located adjacent to a newly renovated office building that is home to Durham Technical Community College. Alta Durham Summit includes a mix of one-, two- and three-bedroom layouts in three- and four-story buildings with such amenities as a pool, a dog park and spa and open outdoor spaces. This …

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NOX-Pittsburgh
Leasing & MarketingNewsNortheastPennsylvania

Milhaus, BAM Capital Open NOX in Pittsburgh

by Lynn Peisner

PITTSBURGH — Milhaus and BAM Capital, the private equity division of BAM Cos., have launched leasing at NOX, a 272-unit property located at 2551 Frontier Drive in Pittsburgh, less than a mile from the Mall at Robinson. NOX offers 10 floor plans in studio, one-, two- and three-bedroom configurations. Units feature quartz countertops, stainless steel appliances, full-size washers and dryers, patios and balconies, oversized windows and Bluetooth entry systems. Amenities include a resident lounge, coworking space, a pool and deck with dual grilling stations and a fire pit area, a …

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Midway-Row-House-Dallas
Investment SalesNewsTexas

IPA Arranges Sale of Midway Row House in Dallas

by Lynn Peisner

DALLAS — Institutional Property Advisors (IPA) has arranged the trade between two undisclosed parties of Midway Row House in Dallas. The community was developed in 2023 and comprises 158 units, 107 of which are townhomes with attached, direct-access garages. Midway Row House offers amenities that include a fitness center, two dog parks, a lakeside jogging path, workspaces and three private offices. Apartments have 9-foot ceilings and full-size washers and dryers. The average unit is 979 square feet. IPA’s Taylor Hill, Drew Kile, Joey Tumminello, Michael Ware and Jack Windham represented …

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The-Levi-McDonough
DevelopmentGeorgiaNewsSoutheast

Thompson Thrift Opens the Levi in Metro Atlanta

by Lynn Peisner

MCDONOUGH, GA. — Thompson Thrift has opened The Levi, a 212-unit property in the southern Atlanta suburb of McDonough. Move-ins began in August, and full completion is expected in February 2026. The project is located on 15 acres at 1400 Jr. Grant Blvd., about 28 miles from downtown Atlanta, within the 158-acre master-planned Bridges at Jodeco development. Amenities at the gated community include a 24-hour fitness center, a resort-style pool, firepits, a pickleball court, a dog park and pet spa with a grooming station, billiards and shuffleboard. Equity for the …

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Sherry-Freitas-Cushman-and-Wakefield
Company NewsNew YorkNewsNortheastPeople News

Cushman & Wakefield Hires Sherry Freitas to Manage Multifamily Operations

by Lynn Peisner

NEW YORK CITY — Cushman & Wakefield has hired Sherry Freitas as president of asset services in the multifamily division. In this role, Freitas will oversee operations across the country, managing a workforce of more than 4,000 people who serve residential property management clients. Freitas was a member of the board of directors for the Atlanta Apartment Association for 10 years, serving as board chair in 2021.

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Orchard-Place-Apple-Valley
DevelopmentMidwestMinnesotaNews

Trident Breaks Ground on 135-Unit Development in Twin Cities Metro

by Lynn Peisner

APPLE VALLEY, MINN. — Trident Development has begun construction of Orchard Place Apartments in Apple Valley, 20 miles south of Minneapolis. The community’s 135 units will be offered as studios, one-, two- and three-bedroom floor plans, all housed within one four-story building. Amenities at Orchard Place will include a 24-hour fitness center and yoga studio, a sport court, a business center, outdoor gathering spaces, a rooftop patio, a sky lounge and a central courtyard with a firepit and grills. Residents also will have access to a fenced dog park with …

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Mainstreet-Coconut-Creek
DevelopmentFloridaInvestment SalesNewsSoutheast

Joint Venture Closes on $68 Million Land Sale for South Florida Mixed-Use Development

by Lynn Peisner

COCONUT CREEK, FLA. — A joint venture, consisting of Rosemurgy Properties, 13th Floor Homes, Schmier Property Group and Giles Capital Group, has closed on the $68 million purchase of 170 acres in Coconut Creek for the development of Mainstreet, a mixed-use community. Mainstreet will encompass 12 blocks with a projected build-out value at approximately $1 billion. The multi-phase project will include approximately 80,000 square feet of grocery-anchored retail space, dining and civic amenities. The residential component of the Broward County project will consist of 792 apartment units, 414 townhomes, 148 …

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