CAMBRIDGE, MA – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, the nation’s leading builder of luxury homes, along with joint venture partner PGIM, announced the grand opening of The Laurent, a new seven-story, 525-unit luxury mid-rise multifamily community in Cambridge, Massachusetts. Construction of The Laurent was financed through a $142 million construction loan facility from Wells Fargo Bank, N.A as Admin Agent, and BNY Mellon, and first occupancy began in October 2023. The community s grand opening celebration including a ribbon cutting event with local officials and development partners, as well as a reception for current and prospective residents.
“The Laurent represents our commitment to bringing luxury living to vibrant locations positioned for growth,” said John McCullough, President of Toll Brothers Apartment Living. “Together with our partners at PGIM, we have set a new standard of apartment living in Cambridge while expanding our footprint in the Boston area.”
The community boasts 21,000 square feet of amenity space, including two fitness centers along with a training studio, a saltwater pool with a lap lane and cabanas, landscaped courtyards, multiple coworking spaces, a social hub with functional bar and gaming lounge, and a rooftop deck with views of Fresh Pond and Boston.
“The Laurent offers an unparalleled living experience, blending modern conveniences with the charm of Cambridge,” said Will Adams, Regional Director of Acquisitions and Development for Toll Brothers Apartment Living in New England. “Residents will appreciate the thoughtful design and high-end finishes throughout the community, as well as the close proximity to all that Boston has to offer.”
The Laurent features a diverse mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments, along with townhomes. Each residence at The Laurent is designed with luxury in mind, featuring Caesarstone quartz countertops, hardwood-style flooring, stainless steel appliances, smart home technology, and floor-to-ceiling windows. Select residences offer balconies or patios and views of Boston.
Located at 55 Wheeler Street, The Laurent is just a ten-minute walk from Alewife Station, providing easy access to Kendall Square, Davis Square, and downtown Boston. The community’s prime location offers convenient access to numerous dining, shopping, and entertainment options.

SEATTLE, WA – Amazon is committing an additional $1.4 billion in funding to the Amazon Housing Equity Fund, bringing the total to more than $3.6 billion to fund more than 35,000 affordable homes across the Puget Sound region; the Arlington, Virginia / National Capital region; and Nashville, Tennessee. The extension of the Housing Equity Fund underscores Amazon s commitment to affordable housing and to helping thousands of families live closer to where they work or near transportation hubs, removing a major barrier to success.
In January 2021, Amazon launched the $2 billion Housing Equity Fund with the goal of creating and preserving 20,000 affordable homes across three of its hometown communities within five years. The Fund is designed to help moderate- to low-income residents access quality affordable housing. Amazon also announced today that it has exceeded its original goal two years early by providing $2.2 billion to create and preserve more than 21,000 affordable homes.
We created the Amazon Housing Equity Fund to preserve and create homes that will remain affordable for the next century, ensuring families can stay in their communities for generations to come, said Amazon CEO Andy Jassy. We hope that our additional commitment — coupled with other public and private resources — will help make a meaningful difference for thousands more people and enable these regions to thrive.
The Housing Equity Fund supports affordable housing developments focused on households that earn 30% to 80% of the area median income. That often includes first responders, teachers, health care workers, and others who may not typically qualify for subsidies but whose wages haven t kept pace with escalating rents.
Amazon is also intentional about creating greater economic equity by supporting diverse-led developers through the Amazon Housing Equity Accelerator, a free, eighteen-month program, designed to foster the careers of diverse real estate developers while lowering the barriers they often face. Amazon has invested over $25 million to support the program, which has graduated 38 diverse developers to date. Amazon is continuing to fund this program as part of today s announcement.
The 21,000 homes that the Fund has already helped to create and preserve will enable more than 46,000 residents to access affordable housing, and the majority of this housing will remain affordable for a century. The Fund is also designed to place this housing in areas that will positively impact these residents quality of life. For example, 92% of homes funded are near bus or rail stations to reduce transportation costs. In addition, while many new multi-family developments today consist primarily of studio and 1-bedroom units, 41% of the homes funded so far have two or more bedrooms to serve families.
Here s a snapshot of the progress to date across the Fund s three communities:

Helping create and preserve 9,500+ homes across the National Capital region and increasing Arlington, VA s affordable housing stock by 23%.
Funding a total of 8,600+ homes across the Puget Sound region in Washington and increasing affordable housing stock by 30% in Bellevue, WA.
Funding over 3,100 affordable homes across the Nashville, TN region.
Funding 32% of the projects in partnership with diverse-led developers from these communities.

While the initial $2.2 billion primarily supported affordable rental housing, the Housing Equity Fund is also piloting other ways to increase access to affordable housing. For example, in 2023 Amazon funded a $40 million program to make it easier for moderate-income residents to become homeowners, with the goal of creating generational wealth for historically underserved communities. Going forward, Amazon will continue to pursue new ways for the Fund to create positive housing outcomes for low- to moderate-income residents.

FARGO, ND – Gindi Equities announced the acquisition of the Osgood Townsite Apartments, a multifamily community in Fargo, North Dakota, from Property Resources Group. The purchase marks Gindi’s entry into the Fargo market, as the firm expands its national portfolio of premier residential assets.
Gindi plans to invest in a renovation program to modernize and enhance the Class-B property. Planned improvements include redesigned kitchens and bathrooms and upgraded building exteriors and grounds. Gindi will also implement sustainable elements and energy savings fixtures to increase efficiency and reduce utility costs. Property Resources Group will continue to manage and service the asset.
“Our strategic renovations will drive value and make Osgood one of the most sought-after housing options in the Fargo metro area,” said Al Gindi, President and Co-Founder of Gindi Equities. “Governor Burgum’s policies have made North Dakota a very attractive market to invest in. While this is our first acquisition in Fargo, we plan to continue to expand our holdings in this thriving market as we build a diversified portfolio across the country.”
With this acquisition, Gindi’s multifamily portfolio is valued at over $250 million and spans 2,000 units in the United States. Gindi aims to expand its portfolio to over $300 million in holdings by 2025 as part of the firm’s strategic growth plan. Over the past 12 months, Gindi has purchased nearly 500 apartment units in some of the best submarkets in the Southeast and Midwest. In addition to Osgood, other recent acquisitions include a multifamily community in Greensboro, NC.
Built in 2004, Osgood is located at 4901 44th Avenue South and encompasses 243 apartments ranging in size from one to three bedrooms. Features and amenities including individual garages, a playground, and easy access to Fargo’s employment hubs create a comfortable living experience for residents.
With a high-earning population and business-friendly environment, the Fargo metro area is a growing hub for the tech, agriculture and healthcare sectors. Located in Southwest Fargo, Osgood is surrounded by a vibrant community that continues to draw professionals and families with its quality schools, robust retail and entertainment options, leading healthcare facilities and easy access to both major interstates. In addition, a nine-hole golf course is adjacent to Osgood.

TAMPA, FL – Blaze Capital Partners announced the acquisition of Lector 85, a 254-unit apartment community located just minutes from downtown Tampa in Ybor City.
“It’s an incredibly challenging transaction market, but we are continuing to stay active finding compelling, long-term investment opportunities across the rental housing spectrum amidst this period of pricing dislocation,” said Eddy O’Brien, co-founder and managing partner of Blaze. “We believe we are entering an exciting acquisition cycle that presents an opportunity to acquire institutional-grade assets in great markets at attractive entry points. The acquisition of Lector 85 exemplifies our data-driven approach in identifying and capitalizing on market dislocations and unlocking value through customized asset enhancement strategies.”
Lector 85 is a Class A mid-rise apartment community built in 2021 and located within the culturally vibrant Ybor City submarket with walkability to abundant nightlife, entertainment, and restaurants. The community is strategically located on Selman Expressway, offering direct access to downtown Tampa and the region’s largest employers including the Port of Tampa, Tampa General Hospital, and the Westshore Business District.
Lector 85 offers residents studio, one, two, and three-bedroom apartments ranging from 518 to 1,255 square feet with unit features that include stainless-steel appliances, quartz countertops, full-size washer and dryers, and luxury vinyl plank flooring. Additionally, residents can enjoy the convenience of secured, direct entry parking and an extensive suite of amenities including a heated saltwater pool and grilling stations, a 24-hour fitness center, a pet spa for grooming, and various resident lounge areas. Blaze intends to invest additional capital into the community to further improve the resident experience and expand the ground-floor retail offerings.
“We’re thrilled with the acquisition of Lector 85 and are excited to execute our strategic business plan aimed at improving the community and delivering residents an exceptional living experience,” said Chris Riley, co-founder and managing partner of Blaze. “Tampa continues to be one of the most transformational markets in the country and a target investment market for us as we continue to prudently expand our footprint throughout the Southeast. This acquisition is a testament to our commitment to providing high-quality, strategically located rental housing that meets the evolving needs of residents.”
Blaze has continued to grow its housing portfolio significantly throughout the Sun Belt with a focus on multifamily, built-to-rent single family, and active adult housing segments. This acquisition follows the Company’s more recent acquisitions in Orlando and Charleston. Blaze expects to deploy capital opportunistically throughout the remainder of the year with an active pipeline of investments that align with its long-term strategic focus.

SAN ANTONIO, TX – SilverPoint Senior Living, a leader in senior living management, announced a strategic partnership with SGL Acquisitions and the acquisition of two significant properties, WestMark Senior Living in San Antonio and The Eastman Senior Living in Longview, TX, both formerly owned by Brookdale Senior Housing.
“SilverPoint’s rapid integration of the WestMark and The Eastman properties marks the beginning of a transformative phase. We are dedicated to enhancing these communities with innovative care and significant improvements aimed at elevating the quality of life for our residents,” remarked Shimon G. Levy, Principal of SGL Acquisitions. “Our approach focuses on nurturing resident well-being, fostering vibrant communities, and ensuring excellence in every aspect of our operations.”
SilverPoint Senior Living and SGL Acquisitions are committed to preserving the valued traditions of WestMark and The Eastman while implementing modern, thoughtful upgrades to enrich the living experience.
Residents, families, and the broader communities in San Antonio and Longview can look forward to a series of beneficial enhancements and developments as this partnership progresses. This venture marks a promising new chapter for both properties, ensuring the highest standards of senior care and living.
Shawn Corzine, CEO of SilverPoint Senior Living, expressed his enthusiasm for this new partnership, stating, “Adding WestMark and The Eastman to our growing family portfolio signifies the start of an exciting and fruitful collaboration with SGL Acquisitions. We are eager to continue enriching the lives of residents in San Antonio and Longview for many years to come.”
SilverPoint Senior Living is renowned for its commitment to high-quality senior living services and enhancing resident well-being. SGL Acquisitions, with its extensive expertise in real estate investments and operational management, is ideally positioned to contribute to a brighter future for WestMark and The Eastman.

MOUNTAIN VIEW, CA – Cityview, a premier multifamily investment management and development firm, and Greystar, a global leader in the investment, development, and management of real estate, have sold a 164-unit mixed-use project in Mountain View, California. Elan Mountain View features a prime corner location in the heart of Downtown Mountain View as well as 11,000 square feet of fully occupied ground-floor retail space.
With its ideal location, ample amenities and unique retail offerings, Elan Mountain View has been extremely well received by residents and the surrounding community, said Sean Burton, CEO of Cityview. It s been a pleasure to partner with Greystar on this property and we look forward to seeing its continued success.
The community features studio, one-, two- and three-bedroom floorplans that include smart thermostats, keyless entry, quartz countertops, modern cabinetry, full tile kitchen backsplashes, wood vinyl plank flooring, stainless steel appliances and full-size washers and dryers. Select units feature street level walk-up entrances as well as private patios and balconies.
Elan Mountain View features extensive amenities, including a fully equipped fitness center, two-level club room that includes a billiards table and chef s kitchen, hammock lounge, edible garden pathway, private business center and a courtyard with lounge seating, an outdoor kitchen, fireplaces and a fruit garden. The property also offers 164 storage units to residents and secured access parking.
Located at 1030 Castro St., Elan Mountain View offers a primate location less than one mile from the Mountain View Caltrain Station and at the convergence of highways 101, 85 and 237, providing easy access to San Jose, The Peninsula and San Francisco. The area offers a true live-work-play lifestyle for residents, with Downtown Mountain View being home to more than 50 restaurants, bars and shops along with more than 1 million square feet of corporate tenancy. The property is within three miles of some of the fastest growing companies in the Bay Area, including Amazon, Google, Microsoft, Apple and Intuit.
Current onsite retailers include Rose International Market, Mr. Sun, Le s Alterations, Tanya s Hair Design, and Oh! Honey Macaron.
Cityview and Greystar originally broke ground on the development in 2016 and completed construction in 2018.

DENVER, CO – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, announced the start of leasing at Dryden, a luxury community that blends urban activity and walkability with the elegance and culture of Denver’s thriving Golden Triangle Neighborhood.
Dryden is a 420-home high-rise community adjacent to Downtown Denver and featuring 9,241 square feet of leasable retail space. A sanctuary where a healthy lifestyle meets the opportunities of a metropolitan hub, Dryden positions residents amid destination restaurants and shopping, as well as art and music venues, sports stadiums, trails, parks and civic events. The community itself incorporates smart home technologies alongside timeless finishes and amenities tailored to create an unparalleled living experience.
“The design of Dryden didn’t skip on the details, from its expansive rooftop amenity space to the hot and cold plunge tubs on a vast amenity space dedicated to health and wellness,” said Nick Russell, Vice President of Development at the Quarterra Group. “Location is another strategic aspect of Dryden’s development. Nestled between CBD, Wash Park, Cherry Creek and Capitol Hill, in the city’s renowned Golden Triangle creative district, the community locale puts everything Denver has to offer right at residents’ fingertips. But the hustle and bustle of the city is checked at the door, because Dryden offers a sense of ease and tranquility within its walls.”
Dryden is just steps away from the shops, restaurants and entertainment at the Denver Pavilions, as well as the resurgent Golden Triangle neighborhood. Local restaurants with a regional appeal include Amayo and its modern Mexican food, Rioja with its inventive Mediterranean cuisine and wine list, Euclid Hall Bar & Kitchen gastropub, Cuba Cuba, Levin Deli, Mercantile Dining and Provision’s locally sourced dining and market, and Milk Market artisan food hall. The Denver Art Museum, Clyfford Still Museum and History Colorado Center offer a vast range of art and cultural education displays and programs. Dryden was aptly named after David Dryden, renowned Denver architect who designed more than 20 area schools, including the historic Evans School, which sits next door and will offer 100 parking spaces for planned retail and hospitality use in the area.
Empower Field at Mile High (home of the Denver Broncos), Coors Field (home of the Rockies) and Ball Arena (home to both the Nuggets and Avalanche) are all downtown adjacent, as is Elitch Gardens amusement park. The walking paths and lively events scheduled at Historic Civic Center Park provide outing opportunities, as do the flower gardens and sculptures at Sunken Gardens Park, and the outdoor fields and courts at Lincoln Park. The Cherry Creek Trail, Platte River Trail and subsidiary trails create a scenic network of routes for biking, running, walking, and exploring the city. Union Station Farmers Market, Cherry Creek Fresh Market, Denver Arts Festival, Cherry Creek Arts Festival, Westword Music Showcase and Underground Music Showcase are just a few annual events that contribute to the Downtown Denver energy. The nearby Denver Civic Center also offers eight main shows annually, as well as smaller events spread throughout the year.
Located at 1100 Bannock St., Dryden is in the Golden Triangle neighborhood, just south of Lower Downtown Denver (LoDo). The community is just three blocks from historic Colfax Avenue (US Route 40) — a main east-west thoroughfare through Denver, and less than two blocks from Broadway Boulevard, another cultural thoroughfare running north-south. The community also features easy access to Interstate 25, connecting to the rest of the metro area, as well as Fort Collins and Boulder to the north, and Colorado Springs to the south. Interstate 70 intersects I-25 just minutes north of the community, with access to the Rocky Mountains to the west and Aurora to the east. Light rail service is a short walk from the property, while regional bus routes traverse both Colfax and Broadway. Dryden features a six-level parking facility including 12 EV charging stations.
Dryden consists of a mix of studio, one- and two-bedroom apartments, as well as penthouse homes, ranging from 462 to 1,458 square feet. Upper floor homes include spectacular views of both Downtown Denver and the Rocky Mountains. Modern homes come equipped with smart thermostats, USB outlets in kitchens and remote-controlled smart shades in penthouses. Kitchen highlights include a stainless steel appliance package, quartz countertops, tile backsplash, undermount sinks with designer faucets, pendant lighting and under cabinet ambiance lights. Homes feature luxury vinyl plank flooring throughout, with carpet in bedrooms. Spa-style bathrooms are adorned with tile flooring and shower surrounds. Bedrooms include expansive closet space and select homes showcase floor-to-ceiling windows.
All Dryden residents will have access to an expansive pool and spa courtyard, complete with barbeque grills, gaming, fire pits, Wi-Fi and outdoor screens. A 19th-floor rooftop lounge, highlighted by indoor and outdoor social spaces, offers unmatched views of the city and majestic Rocky Mountains. Dryden’s health and wellness level features a full wellness spa, hot and cold plunge tubs, steam room, sauna, 24-hour fitness center and movement studio with space for yoga and other classes. Dryden also boasts a carefully curated art installation featuring local and national artists sourced by Ann Benson Reidy + Associates. Co-working stations with conference space and private offices equipped with the latest technology to support remote workers. An on-site Pet Parlour and Doghouse cater to pet owners and pampered four-legged residents. The community also includes a versatile workshop space, drycleaning lockers and package room.
Dryden is the seventh community currently under Quarterra management in the Metro Denver Area and will begin welcoming residents this summer.

AUSTIN, TX – Wood Partners, a national multifamily real estate development leader, announced the grand opening of Alta Wildhorse Ranch, a luxury townhome community located directly off U.S. Highway 290 and Texas SH-130. Alta Wildhorse Ranch marks the third Wood Partners property opened in Austin within the past year.
“We are excited to bring our latest community to Austin,” said Bart Barrett, Managing Director for Wood Partners. “Located down the street from downtown Manor and with easy access to the Austin metro, Alta Wildhorse Ranch is a luxury townhome property that fits in well with the small town feel of the local community.”
Alta Wildhorse Ranch is situated in an ideal location, with access to major employers, recreation and shopping. Nearby employers include Samsung Semiconductor, Dell Technologies and St. David’s Healthcare, and Tesla. Within minutes from the community are Walter E. Long Metropolitan Park, Manor Community Park, Shadow Glen Golf Club, Travis County East Metropolitan Park and McKinney State Park, all providing ample recreation opportunities from fishing and golf to picnic areas, scenic views and camping. Nearby shopping includes the historic Downtown Manor, The Domain in North Austin, and Mueller Development.
The community is made up of 267 townhome residences in one-, two- and three-bedroom floorplans. Each home features a walk-in closet and oversized living and kitchen spaces. Kitchens are equipped with stainless steel Energy Star appliances, custom cabinets, granite countertops, large undermount sinks with premium fixtures, and designer ceramic tile backsplashes. The townhomes will have one- or two- car garages, fenced yards, 9-foot ceilings and a full-size washer and dryer and select units include separate studies. Homes with tech packages will include Ecobee smart thermostats and smart dimmer switches. Penthouses have contemporary storefront windows with panoramic views.
Alta Wildhorse has a wealth of premium amenities, including a resort-style pool with tanning ledge and private cabanas as well as an outdoor kitchen with grill and bar area. The two-level clubhouse has a game lounge, TV room, kitchen and work-well space with reservable private offices and a conference room. The fitness center is two levels with top-of-the-line cardio and strength training equipment and a separate yoga/exercise room. Residents can further take advantage of the coffee bar and enclosed pet park while having peace of mind with the gated access and 24/7 maintenance.

DALLAS, TX – S2 Capital, a national, vertically integrated multifamily investment manager, announced the acquisitions of two multifamily properties, including Belle Rive Club Apartments in Jacksonville, Florida, and Vineyard Hills in Austin, Texas. Terms of the transactions were not disclosed.
“The Austin and Jacksonville markets continue to demonstrate population and job growth, and combined with the repricing taking place in the multifamily sector, we believe these two properties have attractive risk/reward profiles and are an excellent value,” said Ryan Everett, Vice President of Acquisitions at S2. “We are planning operational improvements and value-add upgrades and renovations to both Vineyard Hills and Belle Rive Club Apartments.”
The 104-unit Belle Rive Club Apartments at 8715 Belle Rive Blvd in Jacksonville features one- and two-bedroom layouts, with modern appliances, air conditioning, a combination of hardwood floors and carpet, in-unit washers and dryers and a balcony or patio in select units. Residents also access community amenities including a pool, grilling area, dog park, equipped fitness center, clubhouse, car wash area and access to the nearby inland lakes as part of the Royal Lakes neighborhood. The property sits about ten miles southeast of Downtown Jacksonville, seven miles from the University of North Florida and is also in close proximity to numerous restaurants, The Avenues mall and Interstate-95, Route 152 and Route-115 for convenient connection to adjacent areas.
Spanning over 11-acres in Southwest Austin, Vineyard Hills is located at 7631 U.S. Hwy 290 West Austin with 202 units. The multifamily property offers spacious one-, two- and three-bedroom options, each with walk-in closets, a balcony, detached garages and select units with fireplaces, bay windows and tile floors. Additionally, the property features a pool, heated spa, picnic area with BBQ grills, an on-site laundry facility and a dog park. Surrounding Vineyard Hills, the Southwest Austin area has an array of shopping destinations, parks and schools, and is within 25-minutes from historic Downtown Austin.

KANSAS CITY, MO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for The Depot, a 300-unit Class A multifamily community in the Kansas City suburb of Raymore. The first residents began moving in during winter of 2023 and the community is nearly 30% leased.
“Thompson Thrift takes great care in all of the details—which is reflected in The Depot’s apartment features, community design and amenity offerings,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “Now, our onsite team looks forward to delivering in both big and small ways to create an environment for our residents that lives up to our promise of excellence.”
Located at 101 S Dean Ave, The Depot offers nine three-story buildings with one-, two- and three-bedroom apartment homes. Apartment homes feature premium interior finishes including gourmet bar-kitchens with quartz countertops, stainless steel appliances, tiled showers with glass doors, 9-foot ceilings, wood-inspired flooring, walk-in closets with custom wood shelving and full-sized washers and dryers.
The luxury-living experience continues throughout the community with a 24-hour fitness center, resort-style swimming pool and a dog park. Residents will also enjoy socializing and relaxing in The Depot’s speakeasy-inspired clubhouse.
The Depot sits adjacent to the Raymore Galleria, a 400,000-square-foot shopping center with many walkable shopping options. The community enjoys nearby access to Interstate 49, which provides residents with easy commutes to neighboring communities and major employers such as Cerner Corporation, Honeywell and Saint Luke’s East Hospital.
Thompson Thrift expects construction to conclude this summer. At the ribbon cutting, visitors were able to view model tours and see the professionally decorated clubhouse and community amenities. Additionally, in support of Thompson Thrift’s commitment to community outreach, they presented a check to Ronald McDonald House of Kansas City to aid their efforts in providing housing and hospitality for 91 families who are experiencing the journey of caring for a sick child.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $5 billioninto local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.