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Multifamily Biz
Mill Creek Breaks Ground at 359-Unit Modera Neptune Midrise Apartment Community in Southern California’s Oceanside Market
April 10, 2026
OCEANSIDE, CA - 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 Neptune, a contemporary midrise community within walking distance to Strand Beach in Oceanside. Modera Neptune, which will feature 359 homes, will also include a boutique hotel. The […]
Wood Partners and PGIM Announce 357-Unit Alta Watkins Apartment Community in The Heart of North Carolina’s Morrisville Market
April 9, 2026
RALEIGH, NC - National multifamily developer Wood Partners closed on Alta Watkins in Morrisville, North Carolina in partnership with PGIM, the world's second largest real estate investment manager with $218 billion in gross assets under management and administration. The 357-unit multifamily community will break ground this month and is slated to open by the end […]
MBK Rental Living Starts Leasing at 340-Unit Las Brisas Apartment Community in California's Growing Central Coast Market of Santa Maria
April 8, 2026
IRVINE, CA - MBK Rental Living, a preeminent lifestyle developer of apartment communities, announced that leasing has begun at Las Brisas, a 340-unit luxury community in Santa Maria, California. The highly anticipated Santa Barbara County property is now leasing and open for move-ins. "Las Brisas was designed with intention—bringing together the comforts of modern living […]
Walker & Dunlop Arranges $132 Million in Equity and Construction Financing for Multifamily Development in Richmond's Scott's Addition
April 7, 2026
BETHESDA, MD - Walker & Dunlop announced that it has arranged the joint venture partnership between AIP, Pointsfive, and Bridge Investment Group for the landmark $132 million redevelopment of the former Greyhound Bus Station in Richmond, Virginia into a multifamily community. The firm secured the equity, in addition to an $85.6 million construction financing with […]
Affirmed Housing Delivers 100-Unit Transit-Oriented Affordable Housing Community at Rancho Bernardo Transit Station in San Diego
April 6, 2026
SAN DIEGO, CA - The San Diego Metropolitan Transit System (MTS) and Affirmed Housing, a leading provider of affordable and supportive housing throughout California, announce the completion of SkyLINE, a seven-story, mixed-use, transit-oriented affordable housing community at the Rancho Bernardo Transit Station. The new development delivers 100 affordable apartment homes and new amenities for transit […]
Lowe and Partners Break Ground on 408-Unit The Carina Multifamily Residential Community at MainPlace Development in Santa Ana
April 3, 2026
SANTA ANA, CA - The next phase in the transformation of MainPlace is underway as community, civic and business leaders gathered to celebrate the groundbreaking of The Carina, a new multifamily residential community that will bring 408 modern apartments to the heart of Santa Ana. Developed by Lowe, in partnership with MainPlace owner Affinius and […]
Comstock Completes Maryland Acquisition of 417-Unit The Reed Apartment Community in Rockville's Bustling King Farm Neighborhood
April 2, 2026
RESTON, VA - Comstock Holding Companies, a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced that it has completed the acquisition of The Reed, a 417-unit Class A multifamily property located at 15955 Frederick Road in Rockville, Maryland. The acquisition was completed on behalf of a […]
Sun Life Expands Operating Platform with Acquisition of Leading Multifamily Real Estate Manager Bell Partners for $350 Million
April 1, 2026
GREENSBORO, NC - Sun Life announced it intends to fully acquire Bell Partners, a leading U.S. multifamily real estate investment manager and vertically integrated property management business. Bell Partners will become the U.S. multifamily operating platform for Sun Life, operating under BGO. Bell Partners has approximately US$10 billion of Gross Asset Value Under Management as […]
The NRP Group and Denton Housing Authority Break Ground on 297-Unit Affordable Housing Community in Dallas-Fort Worth Metro Market
March 31, 2026
DENTON, TX - The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, in partnership with the Denton Housing Authority, announced the financial closing and groundbreaking of Arbor Ranch, a 297-unit affordable housing community in Denton, Texas. The development will provide deeply affordable homes to families earning between 30% and 70% […]
Fourth Avenue Capital Expands Portfolio with Acquisition of Two Newly Built Apartment Communities in Oregon and Montana Markets
March 30, 2026
SEATTLE, WA - Fourth Avenue Capital (FAC) announced the acquisition of Spring Woods, a 174-unit Class A apartment community in Salem, Oregon, and Silver Star, a 72-unit Class A community in Kalispell, Montana. These acquisitions expand FAC's portfolio to 30 properties. Spring Woods – Salem, Oregon: Completed in May 2025, Spring Woods consists of 174 […]