CHARLOTTE, NC – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, announced that it is breaking ground on a brand new community in Rea Farms called Laurent.
“Laurent is going to bring a sophisticated and elevated experience that offers the true lifestyle comforts typically found in the hospitality industry,” said Mike Sullivan, Greystar Director of Development. “The location is fantastic as it sits within the Rea Farms suburban center, which features over 250,000 sq. ft. of convenient and walkable retail with the Laurent being seamlessly woven into the planned community park extension.”
Greystar overcame several challenges with this new development. The parcel was initially zoned for office space. In cooperation with Lincoln Harris, Greystar was able to successfully rezone the site to include apartments.
The community will have three- and four-story buildings and will feature a variety of spacious floor plans, including studio, one-, two- and three-bedroom apartments, as well as townhomes. Each apartment home will have high-quality finishes such as a luxury closet system and tile floors in the bathrooms. All corridors are air conditioned and will have elevators, an uncommon, but desired feature in three-story apartments. Laurent’s highlight will be a third-floor amenity terrace that will have views of the community park, as well as a robust social calendar geared toward enhancing the resident lifestyle experience.
Greystar selected architecture firm Dwell Design Studio, interior designer Cline Design and civil engineer and land planner Land Design to bring the vision for Laurent to life. Greystar’s internal construction team will be the general contractor. U.S. Bank is providing construction financing for the project. With the completion of Overture Providence in 2018, this will be Greystar’s second project within Rea Farms and Greystar’s 12th development in Charlotte. The community’s targeted completion date is early 2025, with pre-leasing beginning in the second half of 2024.

SHORELINE, WA – National multifamily real estate development leader Wood Partners and their capital partner, ParkProperty Capital, kicked off the official groundbreaking of its latest residential community, Alta North City, located just north of Seattle in Shoreline’s growing North City neighborhood. With construction on the project already underway, Alta North City is expected to open in mid-2025.
The forthcoming community will be situated less than 20 minutes north of downtown Seattle in the emerging suburb of Shoreline. With the development of Alta North City, Wood Partners aims to provide a true live, work, play community for residents with convenient access to the upcoming Link light rail stations, a variety of shopping options, restaurants, and parks just outside their doors. The property itself will include more than 4,000 square-feet of ground floor retail with outdoor plaza space.
“We are beyond excited to officially break ground on our newest mixed-use project, Alta North City, in the growing city of Shoreline, which we hope will provide the perfect balance of city and suburban living for our future residents,” said Michael Nagy, Managing Director at Wood Partners. “Alta North City highlights Wood Partners’ continued expansion within the Seattle marketplace, as well as the company’s dedication to providing the highest level of quality and sophistication for residents to enjoy.”
Once complete, Alta North City will offer 228 apartment homes comprised of studio, one- and two-bedroom custom-designed floorplans for residents to choose from. Throughout the community, each home will showcase a vibrant design aesthetic, complete with high-end fixtures and finishes for residents to enjoy. Key interior living features include stainless steel appliances, quartz countertops, chrome gooseneck faucets, and designer tile backsplashes and accents throughout. Additional home features will include wall-to-wall wood-style flooring, full size in-unit washer and dryer sets, spacious closets and balconies, and energy efficient heating and cooling. Outside their homes, residents will also have access to Alta North City’s array of attractive community amenities, including an impressive roof-top deck with beautiful views of the surrounding Puget Sound area. In addition, residents will enjoy the community’s custom-designed clubroom with co-working features, garden courtyard, and a 24/7 state-of-the-art fitness center.
“We are excited to partner again with such a high-quality developer in Wood Partners and grow our footprint in Seattle,” said Brendan Whalen, Managing Director of ParkProperty Capital. “This will be our second investment in Seattle where we see a lot of opportunity given the continued growth and high quality of life in the metro. This is also the ninth investment through our discretionary fund platform that has invested over $350M in equity over the past two years into similar development opportunities throughout the major markets in the U.S. Sunbelt and Pacific Northwest, so this is an important milestone for ParkProperty Capital on multiple fronts.”

ATLANTA, GA – ECI Group (ECI) with joint venture partner, The Griffin Fund, has launched pre-leasing at the newly developed, 300-unit, The Corwyn Conyers apartment community in Conyers, GA. Located at Courtesy Parkway and Old Covington Highway, and adjacent to over 1 million square feet of retail shopping options, The Corwyn Conyers is one of the first new apartment communities to be developed in the quickly growing Rockdale and Newton County submarkets in 20 years.
Apartments at The Corwyn Conyers will become available for move-in at the end of August with the expansive Clubhouse delivering in early August. Interested potential residents can explore unit availability and contact The Corwyn Conyers team for pre-leasing.
“ECI is thrilled to bring The Corwyn Conyers to fruition, offering modern, highly amenitized apartment living to this community for the first time in decades,” said ECI Group’s Jenny Halkos. “We are excited to celebrate the upcoming opening of this community with the City of Conyers and its residents through our support of the Red, White and Boom Independence Day festivities. We can’t think of a better way to support the City of Conyers as well as highlight the City’s unique charm and vibrant traditions.”
Conyers City Manager, Tony Lucas, added, “The City of Conyers welcomes ECI and the new residents of The Corwyn Conyers to our historic and expanding city. As job growth in our region continues at a strong pace, we need the type of quality, modern, and well-located housing ECI is bringing to Conyers. The Corwyn Conyers is beautifully designed with very appealing amenities and conveniences.

LAS VEGAS, NV – ARIVA Luxury Residences made its official debut in Las Vegas with its biggest grand opening celebration in company history. Located in the burgeoning south Las Vegas corridor on Las Vegas Boulevard near Cactus Avenue, hundreds of guests were treated to cocktails, succulent bites, enthralling entertainment and exciting interactive experiences throughout the evening.
“This is a monumental day for us to celebrate the grand opening of this beautiful property,” said Deb Kopolow, Senior Managing Director, Cushman & Wakefield. “The vision of ARIVA is to evoke relaxation and discerning California-style luxury, which is reflected through the community’s amenities and events. ARIVA is a place where you can truly live, work, and play. It’s more than just a residential community; ARIVA is a lifestyle.”
Guests and residents alike experienced the plentiful amenities of the hip property, including nine indoor and outdoor resident lounges, resort-style pools and spas, a lap pool, a zen garden, ideal for meditation, adjacent to a luxe yoga and pilates studio, a large state-of-the-art fitness center, a screening room with an entertainment bar and fire pits complemented by bistro-style lighting for socializing. Adorned with lush greenery throughout the property, ARIVA provides an oasis to residents who are seeking a home close to all of the exciting action of the Strip, but also a place to escape the hustle and bustle of city life.
Excitement was in the air as a sneak preview of Otium at ARIVA was also revealed. Breaking ground later this year, the adjacent property will include a carefully curated selection of restaurants, retail stores, and an entertainment component where events, festivals and live music will be hosted. It will become a destination for the community and a walkable amenity for residents.
ARIVA presents breathtaking units, including one-, two-, and three-bedroom residences, each equipped with high-end appliances complemented by contemporary color palettes and designer-curated finishes to provide an exquisite blend of style and comfort in one space.

DAVENPORT, FL – First National Realty Partners (FNRP) a premier commercial real estate private equity firm, announced the addition of Champion Townhomes in Davenport, FL to its necessity-based portfolio. The acquisition of Champion Townhomes is a part of the firm’s continuous strategic expansion in the necessity-based commercial real estate sector.
Champion Townhomes, a newly built multi-family property located near Orlando, FL, offers 132 units designed for comfortable living. These spacious units primarily consist of two and three bedrooms, boasting exceptional finishes such as granite countertops, stylish wood/tile flooring, top-quality chef-inspired kitchens with modern cabinets, double sink vanities, and energy-saving double-pane windows. The property also provides a range of amenities for residents to enjoy, including a refreshing pool, a convenient dog park, in-unit washer/dryer facilities, and personal garage space.
“We believe that multi-family has remained a durable investment in periods of economic uncertainty,” said& Eduardo Viesca. “Due to an increase in home prices and interest rates, home ownership is not an option for many, leaving them searching for affordable housing options like Champion Townhomes. This along with the area’s strong market and affluent demographics make it an attractive investment.”
Located just 40 miles from Orlando and 16 miles from Winter Haven, the asset benefits from a growing population. From 2010 to 2020, the area’s average population growth increased by 13.5%. It is strategically located near top employers and attractions such as Walt Disney World and other Florida theme parks, AdventHealth, Publix, and more. Within a five-mile radius of the property, the average household income is $51,000. The deal was co-sponsored by Southport Financial.

PORTLAND, OR – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced the start of preleasing at Modera Morrison, a luxury mixed-use community situated in ;Portland’s emerging Central Eastside.
The community, which features 247 contemporary apartment homes and nearly 11,000 square feet of ground-level retail space, is located between Southeast Belmont Street and Southeast Morrison Street, two of the primary gateways to nearby downtown Portland. The site boasts a superb Walk Score of 96 and Bike Score of 97, as residents will be surrounded by a variety of local brewpubs, retail outlets, restaurants and employment opportunities. First move-ins are slated for the end of the month.
“The Central Eastside continues to emerge as a preferred living destination thanks to its pedestrian-friendly vibe and charming mix of local attractions,” said Sam Rodriguez, senior managing director of development for Mill Creek Residential. “We look forward to welcoming our first residents to Modera Morrison and are eager to offer a genuinely unique living experience in one of the hippest subdistricts in the country.”
Situated at 1120 SE Morrison Street, Modera Morrison is a seven-story podium structure that has been built to and is pursuing LEED Silver certification standards. The prime location is within walking distance of the Oregon Convention Center, Moda Center (home of the NBA’s Portland Trail Blazers) and Revolution Hall, a venerable concert venue that features an expansive public dog park. Popular breweries Cascade Brewing Barrel House and Rogue Eastside Pub highlight the eclectic local scene, and residents will also have expedient access to the recreational opportunities contained within Colonel Summers Park, Laurelhurst Park and the Eastbank Esplanade.
Modera Morrison offers studio, one-, two- and three- bedroom apartment homes with private balconies and den layouts available. Community amenities include co-working space and a coffee bar in the resident lobby, VR gaming lounge, theater room, outdoor rooftop deck with panoramic views, rooftop bistro and mixology lounge, lush courtyards, yoga and Pilates studio and a club-quality fitness studio featuring a TRX system, free weights and cardio equipment. The community also features an onsite pet spa, private garage with controlled-access parking, dedicated bike storage and digital package lockers.
Apartment interiors include nine-foot ceilings, stainless steel Energy Star appliances, quartz countertops, tile backsplashes, heating and air conditioning with programmable thermostats, in-home washers and dryers, smart entry locks and oversized windows for ample natural light. Designer bathrooms feature quartz countertops and backlit mirrors.

ESTERO, FL – ECI Group (ECI) announced the acquisition of Longitude 81 Apartments, a 260-unit, upscale apartment community at 11221 Everblades Parkway in Estero, FL. Built in 2016, Longitude 81 encompasses 11, two-story apartment buildings on 17.95 acres centrally located in the desirable Village of Estero. The community will be re-branded as Waterline Estero.
“The acquisition of Longitude 81 continues ECI’s strategy of reinvesting capital in our business, in this case, recycled from our recent sale of The Columns at Paxton Lane earlier this spring,” said ECI Chief Acquisition Officer, Scott Levitt. “Southwest Florida is one of the fastest growing regions in the state. Given our expectation for strong continued growth and the fact that there is a material rent differential between Longitude 81 and two similar assets we own nearby, we are excited about the value creation potential at this property, which could include a renovation-upgrade program in the future.” Waterline Estero will be ECI’s third asset in Lee County and the surrounding area.
Longitude 81 residents enjoy exceptional access to Lee County’s abundant recreational activities and venues, including Major League Baseball spring training facilities, family-friendly water parks, nature sanctuaries, and nearby white sand beaches. The community is within walking distance of restaurants, shopping areas, and medical facilities and just 12 minutes to Southwest Florida International Airport.
Longitude 81 features upscale studio, one-, two- and three-bedroom townhome-style apartments with private, ground-floor entrances.

WEST PALM BEACH, FL – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Locklyn West Palm, a newly developed multifamily community in West Palm Beach, Fla. Comprising 280 units, the community adds to HGI’s growing footprint in South Florida, which now totals more than 3,800 apartment homes across 15 properties.
Locklyn West Palm offers a central location for residents. The community is proximate to nearly 15.5 million square feet of office space, with an additional 2.3 million square feet to be delivered in the next three years. The community is also near major transportation options, including Interstate 95, Highway 98 and the Florida Turnpike, connecting residents to nearby employment and entertainment options in West Palm, Delray, Boca Raton and Palm Beach Gardens.
“As migration to South Florida continues to trend upward, spurring demand for modern apartment housing, Locklyn West Palm offers attractive rent levels compared to other newer, luxury products on the market,” said Yisroel Berg, Chief Investment Officer – Multifamily, HGI. “Harbor Group International will leverage our established and growing operating presence in the region to develop a tailored business plan for this community and seek strong returns on behalf of our investors.”
Built in 2022, Locklyn West Palm is 95% occupied as of June 12, 2023, demonstrating demand for housing in the West Palm market.
Locklyn West Palm is a garden-style community consisting of one-, two- and three-bedroom units. Unit interiors include high-end finishes, full size washers and dryers, walk-in closets and balconies in all units. The property offers a best-in-class amenity package, including a private walking path along a 20-acre lake, a resort-style pool with cabanas, a movie theater, detached garages, a dog park and dog wash station and a game room.
Newmark facilitated the transaction, with Henry Stimler, Bill Weber, Matt Mense and Dan Sarsfield arranging the debt and Avery Klann and Hampton Beebe brokering the sale.

PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. Thompson Thrift plans to begin construction in June and welcome new residents beginning in late 2024.
“San Tan Valley is part of Arizona’s rapidly growing Pinal County,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We are excited that residents will have a top-quality new rental option to choose from when Stella opens its doors next year.”
Located on a 20-acre site near North Gary Road and West Hunt Highway, Stella will consist of 12 two- and three-story buildings, a resort-style swimming pool with adjacent lawn and outdoor pavilion, two pickleball courts, two dog parks and relaxing gardens with fruit trees and fountains. The one-, two-, and three-bedroom apartment homes will offer up to 1,513 square feet and residents will be able to select from a variety of layouts and signature amenities including private enclosed yards or patio options and detached single-car garages. The apartment homes will be finished with elegant quartz countertops, hardwood style-flooring, stainless steel appliances, high-speed, instant-on internet access, ceiling fans, full-size washer and dryer, smart thermostat and an Alexa-compatible smart hub.
The pet-friendly luxury community will be close to multiple outdoor activities, including hiking, biking, or exploring the San Tan Mountain Regional Park, a national park that is located two miles west of the property. Residents will be living near an array of retail options that include national tenants such as Starbucks, Taco Bell, Panda Express, Chipotle and Burger King, with a high-volume Walmart Supercenter adjacent to the property. In addition, Hunt Highway provides future residents with ease of access to nearby Queen Creek, Mesa, Gilbert, Chandler and Loop 202.
The employment corridor along Loop 202 features high-paying jobs from companies such as Liberty Mutual, Deloitte, Dignity Health and Isagenix. Additionally, Arizona State University’s new Mesa City Center, a new state-of-the-art digital media learning center, is 10 minutes north. The area is also home to two airports – Phoenix Mesa Gateway Airport and the Chandler Municipal Airport.
This will be Thompson Thrift’s sixth community in Arizona.

NASHVILLE, TN – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced the start of preleasing at Modera Gulch, a mixed-use apartment community located along Nashville’s vibrant Division Street.
The 15-story community, which features 378 apartment homes and approximately 18,000 feet of ground-floor retail space, features unobstructed views of the city and a superb Walk Score of 89. First move-ins at Modera Gulch are scheduled for August.
“The Gulch has become one of Nashville’s most desired neighborhoods, and we’re excited to open our doors to our initial residents at this amazing new community,” said Luca Barber, senior managing director of development for Nashville for Mill Creek Residential. “We’re confident that the unmatched location, walkability and proximity to downtown – coupled with a best-in-class community with sweeping city views and a refined suite of amenities – will create a high-quality living experience that will truly encompass everything Nashville has to offer.”
Modera Gulch adds to Mill Creek’s emerging presence in Nashville and joins inaugural community Modera Germantown, which began preleasing in March and is amidst first move-ins. Mill Creek officially entered the Nashville market in 2019 with a new regional office.
Situated at 810 Division Street, Modera Gulch will feature an abundance of onsite retail, including Hi-Wire Brewing, Pure Sweat and Float Spa, Jade and Clover, High Street Wine, P. Volve, SolidCore and an OVME med spa. The community is also surrounded by a bevy of boutique retailers, a diverse array of restaurants and a wide variety of employment opportunities. That includes Amazon’s new Operations Center of Excellence, which is less than one mile from the community. The neighborhood also features the Frist Art Museum, Country Music Hall of Fame and the city’s renowned Lower Broadway. In addition, the 32-acre mixed-use urban district Capitol View is located just over a mile from the community.
The National Green Building Standard (NGBS) Green certified community offers studio, one-, two- and three-bedroom homes with an average size of 910 square feet and select den layouts, with several homes including oversized balconies. Community amenities include an expansive sixth-floor amenity deck, outdoor swimming pool, rooftop dog park and observation deck, barbecue area with dining tables, pet spa, clubhouse, game room with pool table and arcade games, conference room, co-working space and coffee bar. A club-quality fitness center includes a yoga/Pilates studio, TRX system, individual training and additional user-friendly features. Residents will also have access to controlled-access garage parking, package delivery service, dedicated bike storage and additional storage.
Apartment interiors are delivered with nine-foot ceilings, stainless-steel appliances, quartz countertops, tile backsplashes, 42-inch custom cabinetry, pendant lighting, oversized windows with roller shades, upgraded fixtures, programmable thermostats and in-home washers and dryers. Designer bathrooms include double vanities, tile shower surrounds and linen closets while bedrooms are equipped with walk-in closets and built-in storage.