News

RENDER Douglasville in Douglasville, Georgia

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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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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Sovereign Apartments in Fort Worth, Texas

NEW YORK CITY — Newmark has arranged a $533 million loan for the refinancing of a portfolio spread across six states in the Sun Belt. Boston-based investment firm West Shore was the borrower. Citigroup provided the fixed-rate CMBS financing, which features a single-asset, single-borrower loan structure. Purvesh Gosalia, vice chairman of Newmark, secured the financing on behalf of West Shore.  The portfolio totals 2,806 units across nine garden-style properties. The assets include: Newmark is headquartered in New York City. The company also recently announced an assignment to market 10 multifamily …

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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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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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BOSTON — Marcus & Millichap has arranged the sale of the Fuller Street Portfolio, a 12-unit portfolio located in the Dorchester neighborhood of Boston. The portfolio consists of two six-unit buildings, as well as a vacant lot. The properties are located at 46-48 and 301-305 Fuller St. The communities are separately metered heat and electricity, off-street parking and on-site laundry facilities. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap marketed the properties on behalf of the seller and procured the buyer. Both parties were private investors. The assets traded hands for …

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Winsted at White Rock in Dallas

DALLAS — SPI Advisory has acquired Winsted at White Rock, a 314-unit property located in the Lakewood neighborhood of Dallas. The garden-style community was built in 1996. The previous ownership partially renovated the property. SPI Advisory plans to fully renovate the remaining units, enhance common areas and amenities and finish installing washers and dryers in all units. This marks SPI Advisory’s 49th acquisition in the Dallas-Fort Worth metropolitan area since the company’s inception in 2014. The Dallas-based firm now owns and operates about 4,000 units across metro Dallas and approximately 8,000 …

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903 Peachtree in Atlanta

ATLANTA — Waterton has purchased 903 Peachtree, a 32-story apartment tower located at 903 Peachtree St. in Atlanta’s Midtown neighborhood. The seller and sales price were not disclosed, but Atlanta Business Chronicle reported that the asset traded for $118.6 million. 903 Peachtree features 427 apartment units, as well as 46,000 square feet of amenity space. Units come in studio, one-, two- and three-bedroom floor plans. The property also includes 7,843 square feet of retail space. Residents have access to outdoor amenities such as a rooftop pool and lounge area, grilling stations, private cabanas …

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Common on Pine in Jersey City, New Jersey

JERSEY CITY, N.J. — Redwood Realty Advisors has arranged the sale of Common on Pine, a 16-unit community located in the Bergen-Lafayette neighborhood of Jersey City. Recently completed in 2024, Common on Pine offers amenities such as a rooftop lounge, bike storage and a gym. The property also includes one ground-floor commercial space. The asset traded hands for $6.6 million. Steve Matovski represented the seller, 327 Communipaw LLC, and procured the buyer, an undisclosed long-term client of Redwood Realty Advisors.

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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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