BELTON, TEXAS — Dallas-based Carbon Shepherd Development has completed a 66-unit development in Belton, about 60 miles north of Austin, Texas. The property, which is operated under the company’s Woodland Cottages brand, offers one- and two-bedroom floor plans. All units include private balconies or patios, and select residences also feature attached garages. Amenities include a pool, fitness center, clubhouse with a game room and other recreational spaces. Rents start at $2,600 per month for a one-bedroom unit.
DALLAS — Lion Real Estate Group (Lion) has expanded its leadership team with the addition of Deanna Wigley as vice president of operations support. In this role, Wigley will supervise the review and evaluation of new supplier partners, ensure that appropriate resources are in place to facilitate sales transactions and oversee information technology services. She will also serve a key role in risk management and training for regional and community managers. Prior to joining Lion, Wigley served as regional vice president at both Allied Orion Group and US Residential Group. …
SOLON, OHIO — TCAM Asset Management, an affordable housing service provider that was acquired by Solon-based property technology firm MRI Software in 2018, is rebranding as MRI Asset Management Services. The company will continue to provide asset management and consulting services to developers, owners and funders of affordable housing. TCAM Asset Management, now MRI Asset Management Services, was originally established in 2009. The company serves clients for roughly 1,600 properties and 176,000 apartments across 48 states, Washington, D.C. and Puerto Rico.
UNION CITY, GA. — Woodfield Development has completed Union Green, a 295-unit project located at 4980 Stonewall Tell Road in Union City, about 18 miles southwest of Atlanta. The community offers a mix of one-, two- and three-bedroom units, which average 741 to 1,573 square feet. Amenities include a pool with a sun lounge area, club lounge, demonstration kitchen, outdoor social commons with a grilling area, fitness studio and sky lounge. The development team for Union Green included general contractor CBG Building Co., architect of record Fifth Dimension Architecture and …
DALLAS — Cityview has hired Quinn Konitshek to the role of director of acquisitions. In this position, Konitshek will help the investment management and development firm expand its pursuit of stabilized and ground-up acquisition opportunities throughout the southwestern United States, with particular focus on Texas, Arizona and Colorado. Konitshek will be based in Cityview’s newly opened office in Dallas. He will report to Damian Gancman, who was recently promoted to the role of chief investment officer. Prior to joining Cityview, Konitshek sourced multifamily transactions across Texas and the southwestern United …
SAN ANTONIO — Philadelphia-based Harvest Equities has purchased The Place at Castle Hills, a 680-unit property in San Antonio, from MC Cos. for an undisclosed price. Built in 1984 on a 23-acre site, the garden-style community rises two stories and features three pools, a business center and clubhouse. The average unit size is 687 square feet. Drew Garza, Will Balthrope and Ben Kalter of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal.
VIRGINIA BEACH, VA. — Barry Tomlin has returned to The Breeden Co. as vice president of customer service and marketing. Tomlin previously served in various leadership capacities at The Breeden Co. He has come out of retirement in order to accept the position. As vice president, he will develop and implement strategies to enhance customer satisfaction and engagement. Tomlin will also oversee The Breeden Co.’s marketing initiatives.
FARGO, N.D. — Gindi Equities has acquired Timber Creek Apartment Homes, a 252-unit property located at 4720 Timber Parkway South in Fargo, for an undisclosed price. Gindi Equities purchased the community from Property Resources Group, which will continue to manage and service the asset. Built in 2015, Timber Creek Apartment Homes offers one-, two- and three-bedroom floor plans. Amenities include a playground, beach volleyball court and pergola grilling area. Gindi Equities plans to implement interior upgrades, including the installation of new features and fixtures to apartment kitchens and bathrooms. The …
PHILADELPHIA — Felicity Street Investments has purchased Lofts at Henry Hall, a 21-unit community located at 2209 N. Broad St. in Philadelphia, from V2 Properties for $3.6 million. Built in 2023, Lofts at Henry Hall offers a mix of one-, two- and three-bedroom apartments. The property also includes a 500-square-foot commercial space on the ground floor. Vince Peruto of Marcus & Millichap’s Philadelphia office marketed the property on behalf of the seller and procured the buyer in the transaction.
BRIDGEPORT, CONN. — Northeast Private Client Group (NEPCG) has negotiated the $9.9 million sale of Bridgeport Commons Apartments, an 86-unit asset in Bridgeport, about 20 miles southwest of New Haven, Connecticut. Bridgeport Commons Apartments consists of two buildings that were originally built between 1967 and 1970. The community offers a mix of nine studios, 73 one-bedroom units and four two-bedroom apartments. Brad Balletto, Rich Edwards and Robert Paterno of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.