BOCA RATON, FL – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced the launch of Beckett by Mill Creek, the company’s attainable housing apartment brand.
The first community in the brand, Beckett Cottingham in Houston, has opened. Mill Creek has plans to break ground on two more Beckett communities in metro Houston in the coming year and will eventually roll out the brand nationwide.
“There is a profound need for attainable rental housing in this country, and the Beckett by Mill Creek portfolio will help meet this demand with communities that offer both an affordable and a high-quality living experience to middle-income earners,” said William C. MacDonald, chairman, CEO and president for Mill Creek Residential. “These communities will benefit tremendously from Mill Creek’s wide-ranging expertise and experience in multifamily. Together, our development, construction and award-winning in-house management teams will build and operate best-in-class apartment homes that provide our nation’s policemen, firemen, healthcare workers, teachers and others with the living experience they deserve.”
Apartment interiors in Beckett communities will include wood-plank style flooring, nine-foot ceilings, ceiling fans, stainless steel appliances, electric ranges, granite countertops throughout, kitchen islands, 42-inch custom cabinetry, central heating and air, spacious bedrooms, walk-in closets and full-sized in-home washers and dryers. Bathrooms will include tile surrounds and linen closets.
“The past couple of years have been an especially exciting time for Mill Creek,” said Darren Schackman, chief investment officer for Mill Creek Residential. “We have continued to develop and operate luxury apartment communities while also launching the Amavi brand of single-family rentals. Now, with the unveiling of Beckett by Mill Creek, we are further expanding our reach into the rental-housing market by providing a product for which there is immense demand. With these three distinct offerings, Mill Creek is providing outstanding housing for a wide variety of renters.”

WOODBRIDGE, VA – The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with leading real estate investor Angelo Gordon, has broken ground on Lake Pointe, a market-rate apartment community in Woodbridge, Virginia. The 15-acre site will be transformed into five four- and five-story buildings comprising 355 units.
This development marks NRP s second partnership with Angelo Gordon, and Santander Bank has provided a construction loan for the project.
We’re incredibly excited to break ground on Lake Pointe and work in partnership with Angelo Gordon and Santander Bank, said The NRP Group s Senior Vice President of Development, Josh Wooldridge. This project represents our commitment to delivering best-in-class multifamily housing that meets the evolving needs of today’s residents. With its prime location and modern amenities, Lake Pointe is poised to become a sought-after residence for those seeking convenient, comfortable, and stylish living options in the greater Washington, D.C. area.
Lake Pointe is situated only twenty miles south of Washington, D.C. in Prince William County. The site is located just off the Prince William County Parkway exit on I-95, which sees nearly 160,000 visitors daily. Residents will have easy access to the Beltway for daily commutes to major employers in the region as well as a wide range of retail and dining options at the nearby Potomac Mills. A new state-of-the-art Kaiser Permanente medical center hub is located within walking distance and offers a wide array of medical care services, including same-day appointments. The site is also directly adjacent to a commuter parking lot with 2,300 spaces.
Equidistant to both U.S. Army Fort Belvoir and Marine Corps Base Quantico, Lake Pointe offers a short commute for those working at these mission-critical facilities. Additionally, the site is within walking distance of a daycare center and adjacent to several national retail establishments, including Target, DICK s Sporting Goods, Best Buy, Starbucks, and Panera Bread.
The amenities and floorplans of Lake Pointe were designed to meet the demands of post-pandemic trends, including larger units, floorplans with dens, work-from-home facilities, and on-site private telecommuting locations. Other amenities include a state-of-the-art fitness center, a luxurious swimming pool, parking garages, and a dog park and spa.
The development s first units are expected to be delivered in 2025.

HUNTERSVILLE, NC – Middleburg Communities announced plans to develop Hamlet Huntersville, a fully-amenitized built-to-rent community in the Charlotte MSA. Hamlet Huntersville will be developed on 44-acres along Old Statesville Road in Huntersville, N.C., approximately 20 minutes from Uptown Charlotte, and will feature a total of 265 single-family detached cottages and townhome units averaging 1,230 square feet. Construction is expected to commence in September.
We re excited to bring our Hamlet built-to-rent brand to Charlotte, a market that is attracting new families, corporations and job seekers at a high volume, said Austin Knapp, Partner of Middleburg Communities. Our proprietary research projects this growth to continue over the long-term, especially as individuals and families prioritize a higher quality of life, a lower cost of living and warmer temperatures – all of which Charlotte offers. We look forward to delivering a best-in-class product that offers maintenance-free living and is appealing to all types of lifestyles.
Middleburg s growing Hamlet brand of built-to-rent communities injects much needed rental supply into the growing Charlotte MSA, which has seen a 3.8% net growth in jobs since 2020 and is home to six Fortune 500 company headquarters. Hamlet Huntersville will offer the privacy and green outdoor spaces synonymous with traditional single-family living with a variety one-, two-, and three-bedroom floorplans. A clubhouse with pool and amenity center will anchor the community which will consist of 187 cottages and 15 townhome buildings.
Hamlet Huntersville will be located at 12345 Old Statesville Rd in the charming and historical town of Huntersville, known for its top-rated schools, proximity to Lake Norman, and variety of outdoor activities and attractions. Moreover, Huntersville has consistently ranked among the top places in the country to raise a family and is the fastest growing town in Mecklenburg County. Hamlet Huntersville s convenient proximity to I-77, I-485 and the future LYNX Red Line Extension provides a 20-minute commute to more than 334,000 jobs. The property is also across the street from the 500-acre Bryton mixed-use development, which is planned for 1 million square feet of retail and 2 million square feet of commercial space.
Steve Farmartino, Vice President of Development for Middleburg s Carolinas Region added, Charlotte needs a premium product that will meet the demand of its growing population. The demographics of today s average renter is changing. Millennials now have families, and they re met with aging rental units and limited new supply in some of the best job markets across the country. Our Hamlet communities seek to fill that gap where growing families and single professionals can coexist in professionally managed communities proximate to where they want to live, work and play.

PANAMA CITY BEACH, FL – The St. Joe Company announced the completion of North Bay Landing, an apartment community located in Panama City, Florida on Star Avenue, approximately one mile from State Road 231. This 240-unit apartment community represents a significant addition to the city’s rental housing market, and it is already over 90% leased.
North Bay Landing offers a diverse selection of residential floor plans, catering to various needs. The community s amenities include a zero-entry pool, playground, dog park, and a fitness center.
North Bay Landing was fully completed in June 2023. The community offers one- and two-bedroom apartments, as well as three-bedroom townhome-style apartments which include garages. The location’s proximity to the growing State Road 231 corridor, as well as nearby schools, several area employers, and Tyndall Air Force Base makes this community especially suitable for working families.
“The completion of this apartment community addresses a pressing need for more housing options in our area,” says Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. We set out to develop a community that would appeal to working families, teachers, first responders, and military personnel and their families. Over half of our residents are public servants that fit into one of these categories, which demonstrates the need for this type of housing in Bay County.
With the North Bay Landing now fully open, the portfolio includes a total of 1,024 completed multi-family and senior living units, with 359 additional multi-family and senior living units currently under construction.

TAMPA, FL – Carter Multifamily, a division of Carter Funds focused on acquiring and managing value-add multifamily real estate, has purchased Mode at Ballast Point located at 6306 S. MacDill Avenue in Tampa, Florida for $57.5 million. Carter Multifamily plans to reposition the 276-unit garden-style property, originally built in 1988 and formerly known as Solis at Ballast Point, under the new name “Mode at Ballast Point.”
On 21.51 acres and spanning 218,592 net rentable square feet, Mode at Ballast Point boasts a strategic location in close proximity to prime retail and job hubs, prominent healthcare institutions, business parks, and major employers in Tampa, including MacDill Air Force Base which employs over 19,000 personnel1 and is minutes away from the property.
According to the U.S. Bureau of Labor Statistics, Tampa metro employment grew 4.3% year-over-year as of May 2023; the second fastest among large metros and surpassing Florida 3.6%) as well as the national employment growth rate (2.6%).
“We are thrilled to expand our presence into Tampa; an attractive multifamily market due to its favorable renter demographics, desirable climate, and growing economy. Mode at Ballast Point is situated in the highly sought-after South Tampa area near major employers, entertainment, and outdoor amenities, making it a desirable location for work and play. With the capital improvements planned for this property paired with our confidence in Tampa’s potential to drive demand for high-quality, affordable apartments, we believe Mode at Ballast Point will be an accretive addition to our value-add real estate portfolio,” said Ray Hutchinson, chief investment officer of Carter Multifamily.
Amenities at Mode Ballast Point include: a resort-style pool, private lake and park, an on-site pet park and is minutes from a waterfront walking/biking path along Bayshore Boulevard. Carter Multifamily intends to execute a value-add strategy which will include operational improvements, upgrades to community amenities, interior unit renovations, and exterior building improvements.

CHARLOTTE, NC – Leading national multifamily real estate developer Wood Partners announced the grand opening of its newest luxury residential community, Alta West Morehead, located in Uptown Charlotte, North Carolina.
Alta West Morehead is the culmination of a joint venture announced in September 2021 between Wood Partners and GTIS Partners, a global real estate investment firm managing $4.3 billion in gross assets with a U.S. focus on residential and industrial/logistics investments.
Located at 2020 W Morehead Street in Charlotte’s FreeMoreWest neighborhood, Alta West Morehead puts residents within minutes of the popular retail, dining and entertainment establishments that Charlotte has to offer. Several local craft breweries are within walking distance of the community, along with the new Salt + Vinegar development, which offers over 73,000 square feet of retail stores, restaurants and office space.
“Alta West Morehead is our second development in the FreeMoreWest submarket of Charlotte, and we are so excited to welcome a fresh crop of residents to their new home,” said Carter Siegel, Managing Director at Wood Partners. “This community provides endless options for working, dining and entertainment, allowing our residents to work hard so they can play hard.”
“We’re excited about the grand opening of Alta West Morehead, which underscores our mission of providing high quality rental housing to growing, underserved areas throughout the Sunbelt Region,” said Amit Rind, Managing Director of GTIS.
Alta West Morehead offers 308 apartment homes, providing a mix of studio, one-, two- and three-bedroom floor plans for residents to choose from. Each home features an array of luxurious interior finishes including stainless steel GE appliances, white quartz countertops, frameless rustic wood grain cabinetry, white-tiled kitchens and bathrooms, full-size washer/dryer sets and contemporary regency grey wide-plank flooring throughout. Additionally, there is a controlled access covered parking deck with electric vehicle charging stations and bike storage for added resident convenience.
Throughout the community, Alta West Morehead residents have access to a wide range of best-in-class amenities, including a resort-style pool and outdoor terrace, as well as an on-site paw spa and pet wash. Inside the community clubhouse, residents can enjoy the community’s 24/7 fitness club with Peloton bikes, multiple co-working spaces with private micro-offices, club lounge, and a game room featuring foosball, arcade games and shuffleboard.
Alta West Morehead’s prime location also puts residents within walking distance of Bank of America stadium as well as many of Charlotte’s beautiful parks accessible via the Greenway Trail. Additionally, a nearby future rail stop and direct access to I-77 and I-85 allow residents to easily travel throughout the city with the greatest of ease. Charlotte Douglas Airport (American Airlines hub with over 780 direct flights) is only a 15-minute drive west of the site.

DENVER, CO – The Broe Group, the Colorado-based, multi-billion-dollar investment group with diversified holdings in rail and real estate, has acquired The Seasons of Cherry Creek. The signature Class A, Cherry Creek multifamily community is The Broe Group’s latest addition to its long-term, family-owned Cherry Creek holdings that include award-winning multifamily communities and an expansive Class A commercial office portfolio.
“For more than four decades, the Broe family and The Broe Group have called Cherry Creek home,” said The Broe Group’s Kiki Broe. “We have grown with Cherry Creek for generations, and we believe deeply in the future of our community. The Seasons of Cherry Creek plays a vital role in Cherry Creek’s long-term housing plan, and we are committed to ensuring that it remains a vibrant, trusted community for generations to come.”
The Seasons of Cherry Creek is a three-building, 530,575 SF complex rising from 5.2 acres along south Ellsworth in the heart of Cherry Creek. Its 587 units are home to nearly 1,000 local residents.
“The Seasons of Cherry Creek is an exceptional living community in a premier location,’ said Broe Real Estate Group Senior Vice President Josh Mesner. “As a Colorado company, we are very committed to our home market and this acquisition will be a legacy project that will serve our local community for years to come.”
Broe Real Estate Group’s acquisition of The Seasons of Cherry Creek marks one of the largest real estate transactions in Cherry Creek history.
“Cherry Creek’s long-term prosperity relies on sustained investment creating quality jobs and quality services,” said Cherry Creek North President and CEO Nick LeMasters. “The Seasons acquisition is a long-term investment in both of these essential areas, and we are thankful for local partners, like the Broe family, who continue to invest in our community’s long-term future.”

AUSTIN, TX – Knightvest Capital, a vertically-integrated multifamily investment company, announced today it has acquired Autumn Ranch on Swenson Farms, a 336-unit garden style residential community located in Austin’s high-growth tech corridor of Silicon Hills. With the acquisition, Knightvest Capital continues to expand its Central Texas portfolio while also solidifying the Company’s growing presence in the Austin area.
The low-density Autumn Ranch apartment community includes one- and two-bedroom floor plans spread across seventeen acres with a variety of amenities including a pool, clubhouse, fitness center, and dog park.
“We’re excited about our latest acquisition in Austin as we continue to execute our strategy to uniquely identify underperforming properties in highly sought-after markets,” said David Moore, Knightvest Founder and CEO. “Our talented team is excited to bring our best-in-class renovation work to Autumn Ranch as we lead the industry in delivering design-driven quality with modern luxuries that residents value.”
Austin’s growth has been driven by a steady influx of corporate relocations and expansions, with notable projects like Samsung’s chip manufacturing plant and Apple’s 130-acre campus. Other major employers in the area include Dell, Amazon, and Applied Materials. As a result, between 2010 and 2020, Austin ranked as the fastest-growing metro area in the United States, and the submarket of Pflugerville, where Autumn Ranch is situated, experienced remarkable growth of 38% over the past decade.
Knightvest Capital plans to further modernize the community by renovating unit interiors and enhancing property amenities. The company will also implement its proven property management strategies to ensure efficient operations and excellent customer service.
David Moore concluded by saying, “I’m incredibly proud of our winning team that continues to deliver dependable results that outperform the market in this dynamic environment, and we’re excited about the continued growth prospects in the Austin area.”

GRAND PRAIRIE, TX – JPI, a leader in the development of best-in-class multifamily communities, has broken ground on the first phase of Jefferson Loyd Park, a Class A development that will bring 450 multifamily homes to Grand Prairie.
The new community, made up of eight 3-story walkup buildings, will span over 25 acres and will feature urban-style architecture. Residents will enjoy top-of-the-line community amenities such as a resort-style pool with cabanas, a fitness center equipped with virtual exercise class offerings, and convenient access to Loyd Park and Joe Pool Lake.
“This is a really exciting project for us,” said Blake Taylor, Senior Vice President and Regional Development Partner for JPI. “Not only are we able to bring a substantial number of homes to a growing area, but in such a unique location. Jefferson Loyd Park will provide residents with a place to call home that is urban yet has easy access to Loyd Park and Joe Pool Lake. It’s the best of both worlds.”
Jefferson Loyd Park is positioned along Highway 360 between Debbie Lane and Broad Street. State Highway 360 is a major highway in the area and reports 27,000 vehicles per day. The community also provides residents quick access to a host of retail and dining within a 5-mile radius, such as Kroger, The Home Depot, Super Target, Chase Bank, Starbucks, and many more.
Partners on the project include the lender, Happy State Bank; architect, Demarest; civil engineering, Kimley Horn, and many others. Including Loyd Park, JPI’s total count of homes under construction currently stands at over 7,600, with over 6,200 homes under construction in North Texas alone.
“Jefferson Loyd Park Phase 1 marks JPI’s 3rd project in Grand Prairie in the last 18 months, so we have become very familiar with their quality and standard of work,” said John Lopez, District 4, Mayor Pro Tem for Grand Prairie. “Our priority is to enhance the quality of life for the community, and we believe that this new project will do just that by bringing top-of-the-line mix-use housing to an area of town that has so much to offer.”

GREENSBORO, NC – Bell Partners, one of the nation’s leading apartment investment and management companies, announced it has acquired Lansbrook Village, a 774-unit apartment community located in Palm Harbor, Florida. In a separate transaction, the Company also announced it has acquired Presidio East, a 312-unit apartment building in Fort Worth, Texas. Lansbrook Village was acquired on behalf of Bell Value-Add Fund VIII investors and will be renamed Bell Lansbrook Village. Presidio East was acquired on behalf of Bell Core Fund I investors and will be renamed Bell Presidio.
“By leveraging our local market knowledge and differentiated deal flow, we have acquired two properties in quality locations that, with careful underwriting and a disciplined approach to risk management, can each provide attractive returns to our investors,” said Nickolay Bochilo, EVP of Investments at Bell Partners. “Bell Lansbrook Village is our first acquisition for Value-Add Fund VIII and offers the ability to immediately create value through renovations and enhanced management practices. Bell Presidio is well-suited for our Core Fund I venture as it provides a stable performance history in a location with attractive growth prospects.”
Completed in several phases between 1998 and 2004, Bell Lansbrook Village is a low-density community with direct entry, townhome style units in one-, two-, three- and four-bedroom floor plans. The 85-acre property boasts a range of high-quality amenities, including three pools, tennis courts, a fitness center and a pet park. The property’s location offers convenient commuter access to downtown Tampa and downtown St. Petersburg. Ample retail and dining locations, beaches, an 18-hole championship golf course and walking trails are all within minutes of the property.
Completed in 2017, Bell Presidio is a low-density community with modern interior finishes and an attractive unit mix of larger floorplans providing desirable options to a wide range of prospective residents. Amenities include a two-story fitness center and large saltwater pool. The property is located in North Fort Worth near Alliance Town Center, top-ranked schools and major employment centers including the Alliance Texas global logistics hub.