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Multifamily Biz
Bonaventure Expands Multifamily Value-Add Portfolio with Acquisition of 208-Unit Royal Pointe Apartment Community in Virginia Beach
May 1, 2026
ALEXANDRIA, VA - Bonaventure, an operator-led multifamily real estate investment firm with approximately $2.8 billion in assets under management (AUM), announced the closing of Royal Pointe Apartments, a 208-unit multifamily community in Virginia Beach, VA. The $39.5 Million acquisition was completed through Bonaventure Multifamily Income Trust (BMIT) and demonstrates the company s continued focus on […]
Housing Impact Fund Raises $102 Million in Private Sector Capital to Preserve Affordable Housing Across Charlotte's Rental Market
April 30, 2026
CHARLOTTE, NC - Housing Impact Fund (HIF), an innovative investment fund aimed at preserving and providing quality affordable housing in the increasingly expensive Charlotte rental market, announced more than $100 million of private sector capital raised to acquire, renovate and protect 1,500 apartment units serving some 5,000 low- and moderate-income residents through its third and […]
Community Access and Mega Group Celebrate Groundbreaking of 213-Unit Affordable and Supportive Housing Development in New York
April 29, 2026
BRONX, NY - Community Access, a non-profit organization that expands opportunities for people living with mental health concerns to recover from trauma and discrimination through affordable housing, training, advocacy, and healing-focused services, joined co-developer Mega Group and state and local officials to celebrate the groundbreaking of 521 East Tremont Avenue. This new $162 million development […]
Maxx Properties Expands Portfolio with Acquisition of 250-Unit The Ellery Apartment Community in South Florida Submarket
April 28, 2026
PLANTATION, FL - MAXX Properties, a privately held, a vertically-integrated multifamily owner, operator and investment manager, announced the acquisition of The Ellery, a 250-unit, Class A multifamily community located in Plantation, a highly desirable submarket in South Florida. The transaction was sourced directly through an off-market arrangement with the seller. Originally built in 2018, the […]
Jefferson Apartment Group and CP Capital Celebrate Ribbon-Cutting at Amenity-Rich J Veridian Upper Dublin in Pennsylvania
April 27, 2026
FORT WASHINGTON, PA - Local officials joined prominent East Coast developer Jefferson Apartment Group (JAG) and equity partner CP Capital to celebrate J Veridian Upper Dublin, an amenity-rich, 310-unit Class A community in Fort Washington, Pennsylvania. Located at 1125 Virginia Drive, the site of a former office park, the community comprises three 5-story buildings and […]
Preservation Equity Fund Advisors Acquires 164-Unit Belmont Villas Affordable Seniors Community in New York’s West Babylon Market
April 24, 2026
WEST BABYLON, NY - Preservation Equity Fund Advisors (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of Belmont Villas, a 164-unit apartment community in West Babylon, New York. Belmont Villas is located in Suffolk County, a high-cost rental market on Long Island's […]
The NRP Group and Marshall Heights Break Ground on 109-Unit The Waymark Transit-Oriented Affordable Housing Community
April 23, 2026
WASHINGTON, DC - The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with Marshall Heights Community Development Organization (MHCDO), announced the financial closing and groundbreaking of The Waymark, a 109-unit, affordable community in Washington, D.C. s Ward 7. The new housing development will be reserved for families and […]
GID Residential Partners Continues Rapid Growth of Multifamily Development Platform with Strategic Entry into Mid-Atlantic Market
April 22, 2026
NEW YORK, NY - GID, a vertically-integrated real estate owner, operator, developer and investor with $32.1 billion in assets under management, announced the continued expansion of GID Residential Partners, its national development platform, with a strategic entry into the Mid-Atlantic market. The initiative will be led by industry veteran Duncan Jones, who joins the firm […]
The Bascom Group Completes $103 Million Acquisition of 294-Unit Newly Built The Ellison Apartment Community in Las Vegas Submarket
April 21, 2026
LAS VEGAS, NV - The Bascom Group has acquired The Ellison, a 294-unit apartment community located at 9235 West Russell Road in the Summerlin/Spring Valley submarket of Las Vegas, Nevada. The purchase price was $103,000,000, or $350,340 per unit. Lee Redmond, Nicholas Schroeder, Vincent Punzi, and Lowell Takahashi of Newmark arranged the debt financing for […]
American Capital Group and Clarion Partners Announce Completion of Enso Apartments in The Heart of Lynnwood City Center Corridor
April 20, 2026
LYNNWOOD, WA - American Capital Group (ACG), a full-service real estate investment and development company, and Clarion Partners, a leading real estate investment manager, announced the completion and opening of Enso Apartments, a 316-unit multifamily community located at 19630 40th Ave W, Lynnwood, Washington. Enso Apartments is a transit-oriented development (TOD) located within a federally […]