BOSTON, MA – National multifamily developer Wood Partners announced the groundbreaking of its latest community, Alta Nashoba Valley, in Bolton, Massachusetts, a suburb outside of Boston. The fully electric community will have a 25% affordable component and is set to deliver first units in December 2025.
Alta Nashoba Valley will be fully electric and will install high-efficiency heat pumps and on-demand hot water systems so that all heating, cooling and cooking will be electric. This approach is new to the Massachusetts market for non-subsidized housing and is more environmentally friendly in comparison to gas-powered facilities. Additionally, Wood Partners, working alongside city officials, is providing funding to complete the construction of the recreational Derby Field, relocate the community garden and contribute to the Memorial Field playground.
The 229-unit community is conveniently located immediately off I-495 at the Bolton Office Park campus and will include a mix of one-, two- and three-bedroom layout designs. The four three-story buildings are thoughtfully designed to reflect the New England-style home and will feature a clubroom, workspaces, a fitness center, a private bar and dining area, a dog park, a playground, EV stations, a pet spa, a resort-style pool, and firepits and grilling areas.
“From the luxurious amenities to the community-driven projects and eco-friendly features, this development sets a new standard for multifamily construction in Massachusetts,” said Kelen Araujo, Development Manager at Wood Partners. “We are very active in the region and remain dedicated to providing high-quality living spaces for the community.”
Within the past year, Wood Partners has started construction on Alta Altitude in Warwick, Rhode Island, Alta Oak & Pine in Londonderry, New Hampshire, and Alta Forge in Abington, Massachusetts, in addition to Alta Nashoba Valley, marking its expansion throughout New England. These multifamily communities will bring more than 900 units of much-needed housing to the region that has seen a shortage of new development.

POOLER, GA – Vista Residential Partners, a national multifamily development firm, has broken ground on 14.8 acres on East Marketplace Way in Pooler, Georgia, for the development of Clear Lake Vista, a 297-unit multifamily project a part of the 181-acre master mixed-use development Clear Lake Reserve.
Clear Lake Vista will service the pent-up demand of Class-A multifamily finishes and amenities with a mix of 1, 2 and 3-bedroom apartment units. Interior finishes include granite countertops in the kitchen/bath areas, stainless steel appliances, subway-tile backsplashes, wood-like flooring, tiled shower surround, and washer/dryer in each unit. Residents will benefit from a full amenity set including a resort-style pool, fitness area, pickleball court, clubhouse with coffee machines, package center, dog park and direct access to commercial uses within Clear Lake Reserve.
“Pooler and the greater Savannah submarket continues to undergo a population and job growth explosion catalyzed by a uniquely resilient economic environment that is uncommon among medium-sized markets” says Chase Beasley, Managing Director of Vista Residential Partners. “This significant growth will enable the submarket to continue on its upward trajectory within the nation, and we could not be more pleased to invest in the market with a quality driven product providing residents first-class finishes and amenity offerings.”
Located along the I-16 Corridor of Savannah, the project is approximately 13 miles West of downtown Savannah, 12 miles SE of the Hyundai Meta-plant and 8 miles South of Savannah International Airport. The submarket corridor has seen explosive growth over the past decade, primarily due to job growth within manufacturing, logistics, aerospace/airlines, healthcare and food/beverage.
30 million SF of industrial space is currently under construction within 15 miles of Clear Lake Vista while the Port of Savannah is projected to become the fourth largest port in the US by volume by 2030. With $106 billion in transaction volume, over five planned expansion projects, and additional capital improvements approved, the Port of Savannah continues to be an economic powerhouse fostering growth statewide.
South Korean automaker Hyundai is close to completing their $5.5 billion manufacturing facility nearby. The plant will employ 8,500 workers between an electric vehicle assembly plant and an adjacent EV battery factory, making it the largest single economic development project in Georgia history. In addition to the announced job offerings by Hyundai, $2.4 billion dollars of investment by ancillary producers is expected to bring an additional 6,700 jobs.
“Vista continues to focus on delivering high-quality multifamily developments in markets experiencing outsized job and population growth”, says Scott Hartley, Chief Investment Officer for Vista Residential Partners. “Alongside PointOne Holdings and Amerant Bank, we’re excited to close on our second development in Savannah.”

WINDSOR, CA – Nonprofit Linc Housing and its co-developer W&J Investments announced the start of construction on Heritage Park Apartments, a 33-home affordable and supportive housing community in Sonoma County’s Town of Windsor. The all-new complex, located at 8685 Old Redwood Highway, will be for veterans who have experienced homelessness, veteran families, and low-income working families earning 30-80% of the area median income.
According to the latest data from the Association of Bay Area Governments, more than 55% of rental-occupied households in Windsor are cost burdened, paying more than 30% of their income on rent, demonstrating the needs for more affordable housing.
“This is an incredibly impactful project,” said Windsor Mayor Rosa Reynoza. “It’s important to not only provide housing but also offer the support and services that can help people thrive in the long term. Having wraparound services will make a difference to the individuals and families residing here.”
The three-story building will feature 4 one-bedroom homes, 16 two-bedroom homes and 13 three-bedroom homes for larger families. Ten units are designated for veterans who have been homeless and will be supported by Veterans Affairs Supportive Housing (VASH) vouchers through the City of Santa Rosa Housing Authority. Eight additional apartments are subsidized with project-based vouchers from the Sonoma County Housing Authority. These 18 households will also receive onsite support through wraparound services provided by Reach for Home and the Veteran’s Administration HUD-VASH team. Support will include mental health and physical health services, employment counseling and job placement, education, substance use counseling, money management, assistance in obtaining and maintaining benefits, and referrals to community-based services and resources.
“As the cost of housing and other basic necessities continue to rise, families throughout California struggle to make ends meet and many are at risk of becoming homeless,” said Rebecca Clark, Linc Housing CEO. “Heritage Park reflects Linc Housing’s commitment to creating opportunities and stability through housing with services for vulnerable populations while nurturing a vibrant, supportive community where everyone can thrive.”
Heritage Park will offer community spaces to foster connection and relaxation, including landscaped outdoor areas, a play area for children, and a multi-purpose room for resident events and activities. These amenities promote a sense of belonging and enhance residents’ quality of life. Other features will include a computer lab, bicycle storage, a community garden, and convenient access to public transportation, shopping and other services.
“This development has been a long time in the making,” said Michael Weyrick, president of W&J. “We’re so appreciative of our partnership with Windsor and Sonoma County and their support in helping us bring this much-needed housing to the community. We look forward to welcoming residents in early 2026.”
Funding for the development comes from a variety of sources, including loans from the Town of Windsor, American Rescue Plan Funds from Sonoma County, construction loan from JP Morgan Chase, permanent loan from Citibank, and tax credit equity from Raymond James. Predevelopment support was provided by the Town of Windsor.

SARASOTA, FL – Aster & Links, the highly anticipated mixed-use luxury apartment community by Belpointe OZ, is celebrated its grand opening, marking a transformative moment for downtown Sarasota. This landmark development replaces the former One Main Plaza, and revitalizes it into a thriving, pedestrian-friendly destination featuring world-class residential living, premier retail, and a stunning public art installation.
At the heart of the grand opening is “Touch”, a striking 15-foot stainless steel sculpture by nationally acclaimed artist Zachary Oxman, whose works have been commissioned by three U.S. Presidents. The sculpture, placed at Aster’s entrance, is an abstract interpretation of the human hand, symbolizing connection, curiosity, and exploration. Its open voids create shifting perspectives depending on the angle of view, reinforcing the power of human interaction. The sculpture anchors a vibrant community space where art, architecture, and urban living intersect.
Aster & Links has rapidly become Sarasota’s premier address for those seeking an upscale, culture-infused lifestyle. This two-building community offers distinctive styles—Aster’s light and airy sophistication with textured stone and driftwood finishes, and Links’ bold, urban vibe with vibrant hues and industrial-chic details.
“Aster & Links is redefining luxury rental living in Sarasota,” said Brandon Lacoff, CEO of Belpointe OZ. “Not only have we created an exceptional residential and retail community, but we are also proud to contribute to Sarasota’s rich artistic and cultural landscape with the incredible work of Zachary Oxman.”
Adding to the convenience, Aster & Links features approximately 60,000 square feet of curated retail, including Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, ServisFirst Bank, and SkinSpirit, with more retailers coming soon.
Perfectly positioned in the heart of Sarasota, Aster & Links places resident’s steps from top dining, shopping, and entertainment options, as well as cultural institutions like the Marie Selby Botanical Gardens, The Ringling Museum, and Sarasota Opera House. With award-winning beaches just minutes away and Sarasota-Bradenton International Airport less than five miles from home, residents enjoy both convenience and leisure in equal measures.

BERKELEY HEIGHTS, NJ – The Connell Company, one of the largest diversified, privately held corporations in the U.S., has unveiled plans for Round Table (RT) Residences, located at The Park, New Jersey’s newest destination neighborhood.
RT Residences will be comprised of two luxury residential rental buildings – RT500 with eleven stories will include 179 units, while RT600 with eight stories will include 149 units. Each building will feature luxe resort-style outdoor pools, entertainment lounges, game rooms, co-working spaces and state-of-the-art fitness centers, along with a wide range of hospitality-based amenities and concierge services utilized throughout The Park.
As part of an elevated lobby experience, RT500 will be connected to Cafe Exchange, a unique coffee shop concept that is also open to the public. Cafe Exchange will feature hand-crafted beverages, a variety of food selections, live entertainment, art installations featuring local artists, a book exchange program and an evening wine bar. The 6,000 square foot space will provide a central location for the community to come together and socially connect, outside of their homes, work, and technology.
“We’re building an urban, walkable, downtown community within a suburban setting at The Park and a critical piece of this model is our residential buildings,” said Shane Connell, Executive Vice President at The Connell Company. “By creating luxury resort-style residences on site, we’re ensuring that all residents can experience everything The Park has to offer, such as world class restaurants, large parks and open spaces, and high-end amenities all in one campus.”
Designed by Minno & Wasko Architects and Planners and David M. Sullivan Inc., RT Residences units will include a mix of studio, one and two-bedroom luxury apartments. Each residence will feature contemporary stylings and neutral tones. Floor to ceiling windows in each unit will create an abundance of natural light, while wood plank flooring and quartz countertops provide a modern flair.
RT Residences are part of a $500 million redevelopment of The Park, transforming the traditional office park into a destination neighborhood. Recent milestones at The Park include the renovation of the original office spaces to a modern hospitality-centric work resort, and construction of an entertainment building in The District at The Park, which will include a brewery, steakhouse, duckpin bowling and more.
The Park is already home to 1.5 million square feet of class A offices that host companies like Blackstone, Samsung, and Aon, as well as a 176-room Embassy Suites hotel, FIELDHOUSE, a luxury fitness and wellness facility, Grain & Cane Restaurant, Starbucks, Life Time Fitness, outdoor walking and jogging trails, and co-working social club Round Table Studios.

CHARLOTTESVILLE, VA – Greystar, a global leader in the investment, development, and management of residential real estate, announced the start of construction on Old Ivy Residences, a hybrid multifamily and build-for-rent community in Albemarle County, Virginia.
“Greystar is excited to make our entry into the fast-growing Charlottesville market by providing a unique mix of rental housing for the broader community,” John Clarkson, Senior Managing Director. “We believe our project will provide an important variety of homes for young professionals, students, faculty and families who support the Charlottesville way of life.”
Old Ivy Residences’ multifamily component will have 336 garden-style apartments with one-, two- and three-bedroom floorplans. The build for rent component will be a mix of 189 three-bedroom detached homes and townhomes. The community will reserve 15 percent of its residences for households earning up to 80 percent of area median income.
The property will boast more than eight acres of curated greenspace along with a trail, playgrounds, sports courts, dog parks, a putting green and two pools. The amenities within the two standalone clubhouses will include coworking space, a library, golf simulator, two fitness centers and a food and sundries market.
Old Ivy Residences is located at the intersection of US 29 and Old Ivy Road in very close proximity to the University of Viriginia’s North Grounds that is home to the Darden School of Business and the UVA School of Law, both of which are consistently ranked as top schools in their respective fields of study. Additionally, residents will be close to the University’s sporting and entertainment venues and nearby to downtown Charlottesville’s local dining and shopping options.
Construction began in September with the first units slated to deliver in the second quarter of 2026.

NEW YORK, NY – J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced the acquisition of two residential assets: The Preserve at Pine Valley in Wilmington, NC and Bass Lofts in Atlanta, GA. These strategic acquisitions underscore JPMREIT’s commitment to expanding its portfolio of high-quality, attainable housing assets in high-growth markets.
The Preserve at Pine Valley, a 219-unit, Class-B housing community, was acquired in a 90/10 joint venture partnership with Ginkgo Residential, a Charlotte-based owner and operator focused on workforce housing. Situated in central Wilmington, the property offers residents convenient access to Downtown Wilmington, Wrightsville Beach, and the Novant Regional Medical Center. The property is ideally positioned to benefit from Wilmington’s robust economic and demographic growth, which, to date, has resulted in a 70% cumulative increase in population since 2000. The total purchase price was $32.1 million, exclusive of closing costs.
Bass Lofts is a 133-unit, adaptive reuse, Class-A multifamily property located in the intown neighborhood of Little Five Points in Atlanta, GA. This unique asset offers a prime location with easy access to Downtown Atlanta, Midtown, and Buckhead, as well as major highways. Originally constructed in 1923 as a school, Bass Lofts is currently 96% leased, reflecting strong demand for quality housing in the area. The total purchase price was $34.8 million, exclusive of closing costs.
The residential sector is one of J.P. Morgan Asset Management’s high-conviction investing themes, driven by the resilience of and strong demand for housing. The 2021 pricing bubble motivated developers to introduce new supply, which softened rents despite growing wages and strong apartment absorption. Wilmington and Atlanta are examples of markets where new supply has peaked, and rents are now firming. These JPMREIT acquisitions will benefit from a recovery in rental rates across their submarkets.
“These acquisitions underscore our confidence in the residential sector and our belief in the continued growth and resilience of the housing market. As we navigate an environment where homeownership remains significantly more costly than renting, we see a sustained demand for rental properties,” Chad Tredway, CEO and Chairperson of JPMREIT.
Doug Schwartz, Co-President of JPMREIT, added, “The Sunbelt region is experiencing declining supply amidst continued population and wage growth, making it a focal point for our investment strategy. At JPMREIT, we are committed to leveraging these trends by tactically investing in assets where we can create value and in locations where economic and population growth are creating opportunities.”

NEW YORK, NY – Hamilton Lane (Nasdaq: HLNE), a leading global private markets investment management firm, announced an investment in a portfolio of four multifamily assets in lower Manhattan. Funds managed by Hamilton Lane have acquired an 85% interest in the assets of a family office seller. The portfolio comprises 126 multifamily units and 11,050 square feet of prime ground-floor retail space in the highly desired New York City neighborhoods of the West Village and SoHo.
Dalan Real Estate is a vertically integrated real estate firm specializing in New York City multifamily properties. Dalan will retain its 15% interest in the portfolio and will continue to operate the buildings. Hamilton Lane’s partnership with Dalan leverages the firm’s deep familiarity with the assets and expertise in the real estate space.
“We are excited to partner with Dalan, who has deep knowledge of and familiarity with these strategically located multifamily assets, on this transaction. We had high conviction around the acquisition of these assets, which have resilient tenant demand in a desirable location,” said Elizabeth Bell, Co-head of Real Estate at Hamilton Lane.
“Following a decline in U.S. real estate values of about 20% over the past two years, we believe this is an opportunistic time to invest in high-quality assets in prime locations at attractive entry values. Given the scale of the Hamilton Lane platform and our reputation as a supportive capital partner, we have generated significant deal flow and have the flexibility to invest in real estate through various channels, including primary funds, co-investments, secondaries and joint ventures. We remain eager to continue partnering with experts like Dalan in sectors and locations where we have strong conviction,” she added.
“We are very excited to be partnering with Hamilton Lane on this transaction. We have a high level of conviction and ten years of direct knowledge operating these assets which will position our partnership for immediate success. There continues to be great demand for people to live in these neighborhoods and we don’t expect that to change any time soon,” said Daniel Wrublin, CEO of Dalan Real Estate.

IRVINE, CA – Bascom Value Added Apartment Investors VI, LLC, which is sponsored by The Bascom Group, launched a new offering of its securities pursuant to Rule 506(c) under the Securities Act of 1933, as amended. Fund VI is focused on continuing to acquire apartment properties throughout the U.S. that can be repositioned through value-add renovations, management improvements, recovery from being over leveraged and distressed, or may be trading at a significant discount.
The Fund has been actively raising capital and acquiring property assets. The Fund currently owns five apartment properties with approximately $68 million of equity invested. The Fund is seeking to raise an additional approximately $76 million in equity this offering. Since 1996, Bascom has completed over $22.0 billion in multifamily value-added transactions encompassing 365 multifamily properties and over 105,000 units.
David Kim, Managing Partner, states, “We note that certain leading real estate research firms report that apartment prices have dropped 20%–30% from their 2022 peak due to capital market dislocations, rising interest rates, and oversupply in certain markets. We believe this has created opportunities to acquire properties at a discount to peak pricing. In addition, we believe rising mortgage rates and a persistent housing shortage have made homeownership less affordable, resulting in strong demand for rentals. We expect national new housing supply to decline after 2024 and we project rents to increase steadily, which would enable investors to capitalize on inefficiencies and distressed assets in select markets.”
According to the Fund VI Manager, Chad Sanderson, “The Fund sees several potentially attractive investment themes: newer constructed properties trading at discounts to replacement cost, over-leveraged properties that have performed poorly and facing loan maturities, out of favor properties/markets with attractive going in cap rates, properties that have not had the capital invested to compete with newer properties, and areas of distress emerging for certain markets and properties due to oversupply.”
Joe Ferguson, Acquisitions Manager, adds, “The previously acquired properties in Fund VI were either acquired off-market or through a compromised marketing process. Currently, we believe capital market interest and apartment fundamentals vary from market to market and between product types. We believe these variances are creating a buying opportunity for inefficiently priced assets.”

NEW ORLEANS, LA – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a grand reopening ceremony at Tivoli Place Apartments, marking the completion of an extensive $35 million rehabilitation of the historic property. Tivoli Place provides 163 units of affordable housing for seniors earning no more than 20-60% of the Area Media Income, and the property’s 8 total 20% AMI units are set aside for Special Needs Households.
Tivoli Place is LAC’s first rehabilitation using Historic Tax Credits and its first in the state of Louisiana. LAC’s investment of more than $35 million brought significant upgrades to the century-old building while preserving its historic structure and ensuring it remains designated senior affordable housing.
“Lincoln Avenue Communities is excited to celebrate the reopening of Tivoli Place Apartments,” said David Garcia, LAC Vice President and Regional Project Partner. “This historic rehabilitation ensures access to high-quality affordable housing for seniors in New Orleans and provides residents with new resources and essential services.”
Garcia was joined at the ceremony by representatives from the City of New Orleans and local organizations and businesses including Chase, Stonehenge, Huntington Bank, Finance New Orleans, the Louisiana Housing Corporation, Boston Financial, and Capital One.
“Capital One and Lincoln Avenue Communities have a successful track record of working together to help increase and preserve the supply of affordable housing – a factor in achieving greater economic success in New Orleans and beyond,” said Dan Miller, Capital Officer for Community Finance at Capital One. “Through a financing package that included a Low-Income Housing Tax Credit equity investment and HUD loan, Lincoln Avenue Communities upgraded this historic building and ensured it provides an affordable place to live for years to come.”
Improvements include new central heating and cooling, new plumbing, upgraded finishes, and raised ceiling heights in each unit. New community amenities include a media room, library, fitness center, dining room, bike storage, security upgrades, and health care exam room. LAC also improved the property’s sustainability and resilience by installing new fixtures to reduce the property’s water and power consumption as well as solar panels in the parking lots to offset electricity usage. Residents will have on-site access to preventive health care screenings, exercise classes, mentoring programs, transportation, disability counseling, and other social programs.
Built in 1917, Tivoli Place sits on historic St. Charles Avenue within the Warehouse District, which is part of the City’s Inclusionary Housing Zone designated as a high-cost-of-living area. The neighborhood is home to landmarks including the former city hall, the world’s oldest continually operating streetcar line, the Mississippi River and Caesar’s Superdome.