VERO BEACH, FL – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Verity, a 276-unit Class A multifamily community in Vero Beach. Resident move-ins began in July 2025, while construction was completed in January 2026.
“Celebrating the opening of Verity is a proud moment for our entire team,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “Verity is a thoughtfully designed community where beautiful homes, well-planned amenities and inviting shared spaces come together to create a place residents are proud to call home.”
Located off 11th Drive, Verity spans more than 18 acres and consists of three-story buildings offering one-, two- and three-bedroom apartment homes with layouts reaching nearly 1,400 square feet. Each residence features many of the high-end finishes and amenities Thompson Thrift is known for such as granite countertops, stainless steel and energy-efficient appliances, full-size washers and dryers, hardwood-style flooring, tile backsplashes, designer fixtures and finishes, large walk-in closets, detached garages, and private yard and patio options.
Residents can also choose fully furnished layouts as well as homes with an array of upgraded finishes, architectural details, and deluxe features including walk-in showers with full tile and glass doors, premium lighting, an Alexa smart hub to integrate all smart devices, premium appliances, and a dry bar.
One tailormade community feature is a custom-angled clubhouse with a covered pavilion that connects to the 24-hour fitness center and includes a coffee bar, a 24-hour social hub, work-from-home suites, and a resident conference room with screenshare and video conferencing technology.
Other community amenities include a resort-style swimming pool, electric firepits with seating area, community grilling areas, a pickleball court, shuffleboard and billiards, a dog run with agility equipment and a pet spa. Residents also have access to high-speed internet access, an Amazon package hub, valet trash service, an onsite service team and a user-friendly mobile app for rent payment, submitting service requests, community feed, and more.
Verity residents are a short drive to nearby beaches and coastal attractions, as well as downtown Vero Beach and Treasure Coast Plaza, a popular dual-anchor shopping center.
At the ribbon cutting, visitors toured models and explored the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to local non-profit St. Vincent de Paul of Indian River County to aid their efforts in helping their community through charitable services, including food, clothing, shelter and financial aid.
Author: ipgocorp
Brickstone Partners Acquires Full Ownership of 371-Bed The Lodge at Boulder Student Housing Community Serving The University of Colorado
BOULDER, CO – Brickstone Partners, a full-service real estate investment and development firm based in Franklin, Tenn., announced that CEO Daniel Otis has acquired complete ownership and control of The Lodge at Boulder, a luxury 371 bed student housing community located at 2900 E. Aurora Avenue in Boulder, Colo and serving the University of Colorado Boulder. Cornerstone, Otis’ family office, played an instrumental role in acquiring the membership interest previously held by Deutsche Finance America (DFA).
“The Lodge has been a mainstay of our student housing platform in Boulder for many years, and we remain committed to providing exceptional living experiences for the University of Colorado students,” Otis said. “Completing this transaction allows us to continue investing in both the asset and the entire community with a long-term perspective.”
The acquisition of the 220-unit community represents a strategic consolidation of ownership and further aligns lasting control of the asset with Brickstone’s operations. The transaction follows the successful 2022 refinancing of a broader Boulder student housing portfolio—including The Lodge at Boulder—with financing co-originated by Blackstone Real Estate and Clarion Partners in a portfolio recapitalization valued at more than $180 million.
Since acquiring the property in 2015, Brickstone Partners and Otis have overseen significant value creation at the community. The investment was recapitalized in 2019 through a joint venture between Brickstone and DFA and later included in the 2022 portfolio refinancing. At the time of the recapitalization these assets had generated internal rates of return in excess of 30 percent.
The Lodge at Boulder has undergone extensive renovations, including upgraded unit interiors, a redesigned clubhouse, enhanced common areas and mechanical system improvements. The community continues to be recognized as one of the leading student housing options in the market, driven by its proximity to the University of Colorado Boulder campus and its high-quality amenity offerings.
Lincoln Avenue Communities Breaks Ground on New 144-Unit Olea on 126 Affordable Housing Development in Southwest Florida Market
LARGO, FL – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on Olea on 126 Apartments, a new 144-unit affordable housing complex for families in Largo, Florida, marking LAC’s latest ground-up construction project in Southwest Florida.
“Olea on 126 addresses a critical need in Pinellas County by providing quality housing options for families across multiple income levels,” said Jordan Richter, LAC Vice President and Regional Project Partner. “LAC is excited to bring a development to Largo that combines affordability with quality amenities that help families thrive and build community connections.”
Olea on 126 will feature a mix of two-, three- and four-bedroom apartments across three four-story buildings. The community will lease 35 of its units to residents earning up to 40% of the area median income (AMI), 72 units to residents earning up to 60% AMI and 38 units to residents earning up to 80% AMI.
Communal amenities include a clubhouse, fitness center, pool, playground, covered patio and EV charging stations. Construction is underway, with completion anticipated in June 2027.
“We have so many folks that are trying to work in this community, whether they’re teachers, hospitality workers, or first responders,” said Dave Eggers, Chair of the Pinellas County Board of Commissioners. “A wide range of folks are looking for housing, a place to call home.”
Lincoln Avenue Communities is one of the nation’s fastest-growing developers, investors, and operators of affordable and workforce housing, providing high-quality, sustainable homes for lower- and moderate-income individuals, seniors, and families nationwide. LAC is a mission-driven organization with a presence in 32 states and a portfolio of 170+ properties comprising 30,500+ units housing 80,000+ residents.
Hamilton Zanze Acquires 320-Unit Fairways on Green Valley Apartment Community in Las Vegas Submarket of Henderson, Neveda
LAS VEGAS, NV – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sponsored the purchase of Fairways on Green Valley, a 320-unit garden-style community in Henderson, Neveda.
Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the community, which is located in the charming Green Valley South neighborhood and adjacent to The Legacy Golf Club.
“We’ve long admired the Henderson submarket, and we’re very excited to re-enter the market at a time when we see so much upside,” said David Nelson, president and chief investment officer at Hamilton Zanze. “Given the minimal supply, diverse employment base and resilient renter demographic, rental fundamentals in Green Valley South are and will continue to be extremely compelling. Fairways on Green Valley represents a fantastic opportunity to re-enter the market through a well-maintained, institutionally-operated asset in a fantastic location poised for consistent and substantial value appreciation.”
Situated at 1851 N Green Valley Parkway, Fairways on Green Valley features one- and two-bedroom homes ranging from 725 to 1,035 square feet. Built in 1990, the community sits moments north of the Las Vegas Beltway (Interstate 215), which serves as the gateway to the greater Las Vegas area. The Beltway connects to the Purple Heart Highway (I-11) to the west and key thoroughfare I-15 to the east.
Community amenities at Fairways on Green Valley include a resort-style swimming pool, spa/hot tub, barbecue/picnic area, resident clubhouse, business center, game room, golf simulator, indoor sports court, soccer field and onsite fitness center. The community also features limited-access gated entry and covered parking.
Homes feature stainless steel appliances, granite countertops, gas stoves, fireplaces, in-home washers and dryers, large closets, ceiling fans, Roman bathtubs, air conditioning and private patios or balconies. Select homes feature views of the desert, golf course or pool area.
The transaction represents Hamilton Zanze’s first sponsored acquisition of 2026. The company sponsored seven acquisitions in 2025.
Cavan Companies Expands Midwest Platform with 153-Unit The Bungalows at Maple Woods Build-to-Rent Community in Kansas City
KANSAS CITY, MO – Cavan Companies announced its expansion into Kansas City, Missouri with the development of The Bungalows at Maple Woods, a 153-unit single-story Build-to-Rent community located at the northeast corner of Highway 152 and NE Barry Road in Kansas City’s Northland corridor.
Horizontal construction is projected to begin in June 2026, with vertical construction anticipated six to eight months thereafter.
The new community marks a strategic addition to Cavan’s growing Midwest platform and reflects the company’s continued focus on markets demonstrating durable renter demand and disciplined supply pipelines.
Kansas City’s multifamily fundamentals remain steady, with rents growing approximately 3 to 4 percent annually and occupancy near 93 percent. New supply represents roughly 3.4 percent of existing inventory, indicating a measured development environment relative to several high-growth Sunbelt metros.
The 16-acre site is located near Maple Woods Community College and established retail corridors in an area with a median household income of approximately $92,000.
The Bungalows at Maple Woods will feature a mix of one-, two-, and three-bedroom single-story residences with private fenced backyards, garages, and access to a community clubhouse and fitness center.
“Kansas City represents the type of market where long-term housing demand and economic stability align,” said Norm Miller, Chief Executive Officer of Cavan Companies. “Our approach is centered on building in markets with measured supply growth, strong employment bases, and sustainable absorption trends. We believe Kansas City offers that balance.”
Cavan’s expansion into Kansas City builds upon its existing presence in Omaha, Nebraska, where the company operates two Build-to-Rent communities and is in the process of closing on a third location. The firm’s Midwest growth strategy is focused on building regional density to enhance operational efficiencies and long-term portfolio durability.
Wood Partners Breaks Ground on 204-Unit Alta Timberline Luxury Multifamily Community in Fast-Growing Houston Submarket of Tomball
HOUSTON, TX – National multifamily developer Wood Partners announced the official groundbreaking of Alta Timberline in Tomball, Texas, a suburb outside of Houston. The 204-unit luxury multifamily community is set to deliver in May 2027.
Alta Timberline sits at the transition between Houston’s urban fabric and the piney woods of Northwest Harris County. The name Timberline is a nod to the surrounding tall pines, wooded corridors and the semi-rural, green character that distinguishes Tomball from inner-loop Houston submarkets.
“This project reflects our commitment to delivering high-quality housing in locations that give residents direct access to community offerings, while also providing premium amenities and thoughtful design,” said Bart Barrett, managing director at Wood Partners. “Tomball continues to see strong demand from consumers who want quick access to Houston while still enjoying a more open, neighborhood-oriented environment. Working alongside the City, we’re looking forward to delivering much-needed housing to the area.”
The seven three-story buildings will feature a mix of one-, two- and three-bedroom layouts, plus one-bedroom with a study. Each unit has stainless steel appliances, an in-unit washer and dryer, granite countertops, custom cabinetry, designer wood-style plank flooring and walk-in closets. Additionally, the ground-floor units offer a private yard, while upper-level floors feature personal balconies.
Amenities include a clubhouse, a resort-style pool, a shaded outdoor kitchen area with gas grill stations, TV, fans and seating for lounging and dining, two pickleball courts, a dog park, a pet spa, a business lounge, a social lounge, a fitness center and a coffee bar.
In collaboration with the City of Tomball, Wood Partners is advancing a series of access and pedestrian connectivity improvements in the surrounding area. Plans include adding a new sidewalk and pedestrian access gate, connecting Alta Timberline to the existing sidewalk along Lacey Road in front of Blackshear Elementary School, as well as a new median cut and turn lane on Hufsmith-Kohrville Rd. These enhancements provide convenient access to the community’s main entrance and improve traffic flow.
Henderson Park and Green Room Partners Acquire 288-Unit Pointe Grand Apartments in Savannah Submarket of Port Wentworth
SAVANNAH, GA – Henderson Park, the international private equity real estate firm with US headquarters in Charleston, South Carolina and Green Room Partners, a Charleston-based real estate development and investment firm focused on the acquisition and development of Build-to-Rent, multifamily, and specialty retail properties across the Southeast., have acquired Pointe Grand, a 288-unit garden-style multifamily housing community located in the high-growth Port Wentworth submarket of Savannah, Georgia.
Built in 2021, Pointe Grand’s garden style product sits on 36 acres and features modern finishes, including stainless steel appliances, quartz countertops, and white cabinetry. Resident amenities include a swimming pool, fitness center, fire pit, dog park, and valet trash service.
Pointe Grand is located near the intersection of Interstate 95 and Highway 21, within a 30‑minute drive of both downtown Savannah and downtown Bluffton. This prime location provides residents with convenient access to regional employment, retail destinations, bustling nightlife, and the soon-to-be completed Anchor Park.
Savannah benefits from a diverse and expanding economy anchored by the Port of Savannah, with a job market focused on skilled manufacturing and distribution, healthcare, higher education, and tourism. According to Oxford Economics, Savannah’s population, job, and wage growth are all projected to outpace the national average over the next five years.
Henderson Park and Green Room Partners plan to invest in a series of accretive operational and value-add enhancements to the community’s amenities further strengthening its appeal to residents and reinforcing its competitive position within the market.
Nick Weber, CEO and Founder of Henderson Park, commented: “Pointe Grand represents a high-quality, well-located multifamily asset in a submarket benefitting from strong structural growth drivers. Port Wentworth’s proximity to major transportation corridors and employment hubs, combined with Savannah’s expanding and diversified economy, aligns well with our investment strategy. We look forward to partnering with Green Room Partners to execute a targeted business plan, enhancing the resident experience while strengthening the community’s long-term performance”.
Rob Tulloch, Co-Managing Partner of Green Room Partners, said: “We’ve been active in the Savannah market for several years, and Port Wentworth stands out as one of the more compelling submarkets in the Southeast today. Pointe Grand is a well-positioned asset with meaningful upside through disciplined, hands-on management. We’re excited to execute the business plan alongside Henderson Park, whose institutional capital and global platform couple with an astute operator’s mindset- a differentiator that brings tremendous value to the partnership.”
Mill Creek Residential Breaks Ground at 240-Unit Modera Allston Midrise Apartment Community in Western Boston Neighborhood
BOSTON, MA – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Allston, a contemporary midrise community in the thriving Lower Allston neighborhood.
Modera Allston, which will feature 240 homes, will offer prime access to the vibrant neighborhood, as well as Harvard’s Allston campus, which includes Harvard Business School and the new Harvard Enterprise Research Campus. First move-ins are anticipated for early 2028.
“The Allston neighborhood has experienced exciting growth and continues to be a sought-after living destination,” said Tim Alexander, managing director of development for Mill Creek. “We’re excited to appeal to that demand with the development of Modera Allston. We’re eager to get started and soon provide a top-of-market option for the area’s current and future residents.”
Located at 250 Everett Street, Modera Allston easily connects to the Mass Turnpike (Interstate 90), which serves as a main gateway to and from greater Boston. The community is also situated less than a mile south of Soldiers Field Road, a major crosstown parkway. Future residents will be within walking distance of the Boston Landing station on the MBTA commuter rail and will have access to a variety of nearby recreational destinations, including Charles River Reservation, a 17-mile urban preserve and activity area along the banks of the venerable river.
Modera Allston will offer studio, one-, two- and three-bedroom homes with select den layouts and private patios or balconies. Community amenities will include a rooftop deck, grilling area, resident clubhouse, speakeasy-inspired lounge with sports simulator, coworking spaces, private workstations and offices, landscaped courtyards, pet spa and a club-quality fitness studio with cardio equipment. The community will also offer controlled-access garage parking with EV-charging stations, ample bicycle storage and a bike repair station.
Homes will feature wood-style plank flooring, stainless steel appliances, quartz countertops, tile backsplashes, movable kitchen islands with storage, custom soft-close cabinetry, in-home washers and dryers and spacious closets. Smart features will include smart thermostats, smart leak detection, bulk WiFi, controlled-access guest technology and key fob access. Designer bathrooms will include tile flooring, double vanities in select homes, backlit mirrors, quartz countertops, custom cabinetry and tile shower surrounds. The community is being built to, and is pursuing, LEED Gold and Passive House Certifications, which include rigorous standards for energy-efficient buildings.
Senior Lifestyle Completes Recapitalization of North Shore Place and The Sheridan at Eastside Senior Living Communities Totaling 344-Units
CHICAGO, IL – Senior Lifestyle, a leading owner, operator and developer of senior living communities nationwide, announced that it has participated with its capital partners in the recent recapitalization of North Shore Place in Northbrook, Illinois, and The Sheridan at Eastside in Snellville, Georgia. Both communities were developed by Senior Lifestyle and continue to be operated by the company following the transaction.
“This transaction reflects the quality of these communities and our team’s ability to develop and operate at the highest level,” said Jon DeLuca, president and CEO of Senior Lifestyle. “It also allows us to deepen our relationships with two established institutional partners while retaining both communities within the Senior Lifestyle family.”
North Shore Place is a 188-unit assisted living and memory care community located in Northbrook, Illinois. Originally opened in 2014 with 156 units, the community expanded in 2019 to meet strong market demand. Elegantly designed and fully amenitized, North Shore Place is widely recognized for the high quality of care it provides to its residents and their families as a premier senior living option in Chicago’s North Shore suburbs.
The Sheridan at Eastside is a 214-unit senior living community located in Snellville, Georgia, a well-established suburban market within the greater Atlanta area. Opened in 2019, the community offers independent living villas and apartments, along with assisted living and memory care. Situated on a 15-acre campus surrounding a picturesque five-acre pond, The Sheridan at Eastside supports a broad range of resident needs with Senior Lifestyle’s “Signature Experiences” programming.
Trammell Crow Residential and Haseko North America Announce 366-Unit Allora Fallbrook Apartment Community in Northwest Houston
HOUSTON, TX – Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, in partnership with Haseko North America, today announced the development of Allora Fallbrook, a 366-unit, Class A apartment community located along Beltway 8 in northwest Houston.
Allora Fallbrook will deliver a high-quality residential experience through efficient floor plans, modern finishes, and lifestyle-oriented amenities. Situated in the established Jersey Village submarket, Allora Fallbrook benefits from limited new multifamily supply and proximity to major employment centers across northwest Houston. The community is located near significant industrial and technology investment in the area, including major facilities associated with Apple, NVIDIA, and Foxconn, and offers convenient access to the Energy Corridor, Downtown Houston, Uptown/Galleria, and the Texas Medical Center.
We are proud to partner with Haseko on Allora Fallbrook and to continue advancing the Allora platform in Houston, said Jack Farmer, Director at Trammell Crow Residential s Capital Markets team. Allora Fallbrook exemplifies our strategy of delivering well-designed, efficiently built communities in markets with strong fundamentals. With limited new supply and proximity to major employment drivers, Allora Fallbrook is positioned to provide long-term value for future residents and our partners alike.
Haseko is proud to partner with Trammell Crow Residential on Allora Fallbrook, our first development joint venture together, said Kain Matsumoto, Chairman and President of Haseko North America. The Allora platform aligns well with our long-term investment strategy, as we strive to reach $100 million in annual profit. We look forward to a successful partnership on this project and future opportunities together.
With limited new supply coming online and continued job growth in the region, Allora Fallbrook represents an exceptional opportunity to deliver a well-located community that meet the needs of a broad renter base, added Laurie Mathers, Head of Investment & Asset Management at Haseko North America. Allora Fallbrook is positioned to provide long-term value, not only as an asset for investors but as a housing option for residents.
Construction is expected to begin in early 2026, with first units delivering in 2027. Upon completion, the four-story Allora Fallbrook will feature a mix of one- and two-bedroom residences, surface parking, and a suite of amenities designed to support everyday living, including a resort-style pool, fitness center, clubhouse, and outdoor gathering spaces.