News

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

by Lynn Peisner April 2, 2026

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.

April 2, 2026

Investment Sales News Texas

Mill Creek Residential Sells Ardan West Village in Uptown Dallas

by Lynn Peisner April 1, 2026

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 …

April 1, 2026

Illinois Investment Sales Midwest News

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

by Lynn Peisner April 1, 2026

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.

April 1, 2026

California Development News Western

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

by Lynn Peisner April 1, 2026

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, …

April 1, 2026

Investment Sales News Texas

Trinsic Residential Group Sells Aura Avant in Lewisville, Texas

by Lynn Peisner March 31, 2026

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.

March 31, 2026

Company News Florida News People News

Portman Hires Ian Slavin to Lead Florida Development

by Lynn Peisner March 31, 2026

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.

March 31, 2026

Development News North Carolina Southeast

Wood Partners, PGIM to Break Ground on Research Triangle Project

by Lynn Peisner March 31, 2026

MORRISVILLE, N.C. — Wood Partners and PGIM are planning to break ground this spring on Alta Watkins in the northwest Raleigh suburb of Morrisville. Developers estimate the 357-unit community will be complete by late 2028. Alta Watkins will be comprised of one-, two- and three-bedroom units and amenities that include a resort-style pool, three outdoor courtyards, a pet spa, a fitness center and a podcast lounge. The property also will offer rentable offices for remote work, event space and short-term stay units for guests. Alta Watkins represents Wood Partners’ third …

March 31, 2026

Investment Sales News Washington Western

IMG Sells Valley Vista in Tacoma, Washington, for $15.9M

by Lynn Peisner March 30, 2026

TACOMA, WASH. — Investors Management Group (IMG) has sold Valley Vista Apartments in Tacoma to Seattle-based m5x2 for approximately $15.9 million. California-based IMG acquired Valley Vista in 2016 for $11.4 million. Kidder Mathews represented IMG in the transaction. The 108-unit property was developed in 1986. IMG deployed a $2.5 million value-add plan, upgrading units and amenities, during its hold period. Improvements included a new exercise and community room, an updated community deck, a refreshed leasing office, new signage and the conversion of a playground to a dog park.

March 30, 2026

Midwest News Operations Wisconsin

RMK Tapped to Manage Two Wisconsin Properties Owned by Santefort Real Estate Group

by Lynn Peisner March 30, 2026

PLEASANT PRAIRIE, WIS. — Illinois-based Santefort Real Estate Group has selected RMK Management Corp. to manage two recently purchased communities in Pleasant Prairie, about 37 miles south of Milwaukee. The communities, Cobblestone Creek and Fountain Ridge, are both fully occupied. Completed in 2013, Cobblestone Creek is located at 9300 Prairie Ridge Blvd. and is comprised of 164 studio, one-, two- and three-bedroom units. Fountain Ridge is located at 8929 83rd St., one mile south of Cobblestone Creek, and contains 174 studio, one- and two-bedroom units as well as 88 direct-access …

March 30, 2026

Investment Sales Maryland News Northeast

Rose Valley Capital Acquires The Crossings at White Marsh in Metro Baltimore

by Lynn Peisner March 30, 2026

PERRY HALL, MD. — Rose Valley Capital has acquired The Crossings at White Marsh Apartments in Perry Hall, 12 miles northeast of Baltimore. The Brooklyn-based owner-operator’s in-house management firm, Rose Valley Management, will be the property manager. The seller and sales price were not disclosed. The Crossing at White Marsh is comprised of 396 one- and two-bedroom units and amenities such as two resort-style pools, a cyber lounge and electric vehicle charging stations.

March 30, 2026

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