ORLANDO, FL – Halstatt Real Estate Partners, a real estate private equity firm, announced the acquisition of Cypress Run, a multifamily community located in Orlando, Fla. The property was acquired in partnership with GoldOller Real Estate Investments, a long-standing Halstatt partner.
Cypress Run represents an opportunity to acquire a well-maintained asset in one of Orlando s fastest-growing corridors at an attractive basis, said Steven Iannaccone, managing principal, Halstatt Real Estate Partners. The property benefits from durable demand drivers, limited new supply within the submarket, and a business plan that allows us to thoughtfully enhance the community while further positioning the asset within its competitive set.
Located in East Orlando, Cypress Run is near several of the region s most significant long-term economic drivers, including Orlando International Airport s ongoing $6 billion expansion and the 650-acre Lake Nona Medical City. The submarket has experienced limited new multifamily supply in recent years and continues to benefit from demand driven by the area s growing healthcare, education, and service-oriented workforce. The partnership plans to implement a value-add renovation program focused primarily on interior upgrades, including new appliances, countertops, and updated finishes and fixtures.
This marks another investment between Halstatt and GoldOller, which manages more than 40,000 apartment units across 10 states and maintains a significant operational presence throughout Orlando. The firms have previously partnered on the SunMeadows Portfolio and the recent acquisition of Isles at East Millenia.
Halstatt Real Estate Partners invests in value-add and opportunistic real estate projects across Florida, Texas, and the Southeast, partnering with experienced sponsors to reposition assets and strengthen portfolio performance. In addition to its multifamily investments, Halstatt has been an early mover in the build-to-rent sector, with seven projects totaling more than 1,350 units across Florida, Texas, and Ohio.

CLEMSON, SC – Balfour Beatty Communities, a national residential real estate investment and management company, announced the successful acquisition of Clemson Village, a 96-unit, 288-bed student housing community serving Clemson University in Clemson, South Carolina. This strategic acquisition further expands the company s presence in high-performing university markets and marks its second acquisition within the NCAA Division I Atlantic Coast Conference (ACC), following the investment in Oktiv, serving Florida State University students.
Clemson Village offers students distinctive residential living experience through its low-density duplex design, providing greater privacy and space than traditional apartment-style student housing. Located less than a mile away from Clemson University, the property is conveniently walkable to campus and provides residents with seamless connectivity via dedicated transit access.
The community consists of 96 three-bedroom, three-bathroom units, situated on 18 acres. Designed with comfort and functionality in mind, each fully furnished unit includes modern finishes, private bedrooms and bathrooms, and expansive living spaces, complemented by a robust amenity package that includes a clubhouse, resort-style pool, fitness center, study areas, and outdoor recreation spaces.
We are excited to add Clemson Village to our growing student housing portfolio, said Lisa Dailey, Senior Vice President of Multifamily Acquisitions at Balfour Beatty Communities. The property s unique duplex configuration combined with its prime location makes it an exceptional fit for our investment strategy. Clemson University continues to demonstrate strong enrollment growth and long-term demand for high-quality off-campus housing, and Clemson Village is well positioned to benefit from these favorable trends.
The Clemson student housing market continues to exhibit strong demand, supported by the university s academic reputation, vibrant campus environment, and consistent need for purpose-built housing options. Clemson Village is well positioned to benefit from these trends while offering residents a distinctive choice in living option. Following the acquisition, Balfour Beatty Communities plans to implement a series of enhancements designed to further elevate the resident experience and support the property s long-term performance.
This acquisition underscores Balfour Beatty Communities commitment to thoughtful portfolio growth—focusing on well-located communities with lasting appeal and investing in ways that enhance both the resident experience and long-term value.

IRVINE, CA – Advanced Real Estate has acquired the 126-unit Casa La Paz apartment community in Rowland Heights, California. The property has been rebranded as “The Rowland” and will undergo a comprehensive renovation program, including exterior improvements, upgraded interiors, and enhanced community amenities.
The acquisition marks the fifth property acquired in the past eight months by their most recent Investment Fund, Advanced Fund 24-3. The other properties include two luxury apartment towers totaling 393 units in Hollywood as well as 138 units in West Covina and 104 units in Santa Ana. The Hollywood acquisition in late April was the largest apartment purchase made by any firm so far this year in Southern California. Advanced’s portfolio now includes over 13,000 apartment units in Southern California with a market value of $5 billion.
Originally developed as a long-term, family-owned asset, The Rowland was acquired utilizing Advanced’s unique 721 tax-deferred “exchange and contribution” structure. Through this process, the former ownership group contributed the property into the fund in exchange for partnership interests in Advanced Fund 24-3. Some of those partners in the seller’s partnership preferred a cash payout, which Advanced provided at closing.
“Many apartment owners want to preserve equity and defer taxes while still transitioning away from the inherent risks of ownership as well as the day-to-day management responsibilities,” said Richard Julian, CEO of Advanced Real Estate. “Our structure allows owners to contribute their property into a solid and diversified institutional-quality portfolio while maintaining investment participation for the long term. It’s a strategy we’ve successfully implemented across numerous acquisitions.”
Located in the San Gabriel Valley, The Rowland benefits from strong regional demographics, proximity to major employment centers, and convenient access to retail, dining, and transportation corridors. Advanced plans to execute a comprehensive value-add renovation strategy designed to modernize the community and enhance the resident experience.
“Rowland Heights represents a highly desirable suburban Southern California rental market because of its central location and strong long-term fundamentals,” said Paul Julian, President of Advanced Real Estate and Richard’s son. “We see substantial upside by repositioning this property through thoughtful renovations and professional management while creating long-term value for both residents and investors.”
Property management will be handled in-house by Advanced Management Company (AMC), while renovations will be administered through Advanced’s affiliated construction company, R3 Construction Services.

NEW YORK, NY – Clarion Partners, a leading real estate investment manager and partially owned subsidiary of Franklin Templeton, Vermilion Development, a full-service real estate investment and development company, and Quartz Lake Capital, a private equity real estate investor and manager, announced the opening of The Duncan, a 309-unit multifamily community located within a federally-designated Opportunity Zone at 1625 Lock Lane in Madison, Wisconsin.
Overlooking Lake Mendota and situated across from historic Tenney Park, The Duncan offers residents a distinctive lakeside living experience with proximity to downtown Madison. The community is designed to connect residents with outdoor recreation, neighborhood amenities and employment centers. The project reflects the partnership s focus on well-located housing in dynamic, high-demand housing markets.
The Duncan includes 309 apartment homes in a mix of studio, one-, two-, and three-bedroom residences, including townhome options. Homes feature open-concept layouts with elevated finishes, with many residences offering views of the Capitol Building, Tenney Park or Lake Mendota. Community amenities include a fitness center, club room, co-working space, sky lounge with outdoor terrace, heated vehicle and bike parking, an expansive outdoor amenity area with fire pits and grilling stations, a fenced dog run and community gardens.
The Duncan reflects our continued conviction in high-quality housing located in markets supported by strong fundamentals and enduring resident appeal, said Clarion Partners Managing Director Jason Glasser. With its idyllic waterfront setting and access to the broader Madison area, the community is well positioned to meet the needs of today s renters.
The opening of The Duncan adds new housing to one of Madison s most desirable waterfront corridors, where residents value recreation, connectivity and neighborhood character. With its blend of modern apartment living and proximity to the lake, riverfront, park space, and downtown, The Duncan offers a differentiated residential experience in a market defined by strong demand and limited supply.
The Duncan represents the kind of placemaking we strive for—thoughtfully designed housing that is connected to its surroundings and enhances the resident experience, said Dave Cocagne, President/CEO of Vermilion Development. It s setting near the water, the park, and downtown Madison creates a compelling lifestyle offering, and we re proud to bring this community to market.
The Duncan was designed by architect Potter Lawson and constructed by general contractor McShane Construction Company. CIBC is the lender on the project. Greystar is the property manager.

CHARLOTTE, NC – Premiere East Coast developer Jefferson Apartment Group (JAG) has delivered J Optimist Park, a 350-unit luxury multifamily development in Charlotte, North Carolina. This distinctive 6-story mid-rise is located in the popular Optimist Park neighborhood, adjacent to the trendy Optimist Hall food hall and just outside the Uptown business district.
Located on 5 acres at 1130 N. College Street, J Optimist Park features red-brick and ironwork details that reflect the neighborhood’s origins as a mill village and railroad hub for the textile industry in the early 20th century.
“J Optimist Park checks all the boxes for successful multifamily. In addition to being in a strong market for job growth, it’s close to transit and has best-in-class amenities,” said Greg Van Wie, JAG Senior Vice President and Development Partner. “Every aspect was thoughtfully designed to reflect and respect the rich history of our Mill District location.”
J Optimist Park offers 1- and 2-bedroom units ranging from 523 to 1,197 square feet, some with private balconies and views of Uptown. All residences feature top-line finishes, including plank flooring, quartz countertops, stainless steel appliances, and tile backsplashes.
Outdoor amenities include a resort-style swimming pool, two courtyards, an outdoor yoga lawn, and a covered porch with a double-sided fireplace. Inside, residents enjoy a stylish lounge area, a game room, a large, fully equipped fitness center, an open coworking space, a pet spa, and a bike storage room with a maintenance bench. In addition, garage and surface parking provide 467 resident parking spaces.
J Optimist Park is managed by JAG Management Company, which continues its growth in the Carolinas with nearly 1,500 units under management in the Research Triangle area. United Bank provided financing.

NEWNAN, GA – National multifamily developer Wood Partners has broken ground on Alta Newnan Crossing, a multifamily community with 274 apartment units, seven townhomes and 7,700 square feet of retail space. Expected to be completed in fall 2027, the project is located in Newnan, just 40 miles southwest of Atlanta.
“Alta Newnan Crossing is designed to bring a new level of residential living to Newnan through a thoughtful mix of housing, amenities and connectivity,” said Bennett Sands, Executive Managing Director at Wood Partners. “This community will complement the way residents want to live today while bringing much-needed housing to this growing city.”
Alta Newnan Crossing features a mix of one-, two- and three-bedroom apartment layouts. Separate from the apartments, the seven townhomes include three bedrooms and two bathrooms, and each has a two-car garage. Amenities include a clubhouse, state-of-the-art fitness room, package room, co-working space, retail courtyard and resort-style pool and courtyard. The site will also provide connectivity to the LINC Trail, Newnan’s multi-use path system.
According to the World Population Review, Newnan is growing at a rate of 1.47% annually, and its population has increased by 9.5% since the most recent census in 2020. With direct access to Interstate 85, Newnan offers excellent accessibility to Atlanta, Hartsfield-Jackson International Airport and major employers throughout the region.
Alta Newnan Crossing is Wood Partners’ second development in Newnan. The firm completed Alta Ashley Park, a 269-unit multifamily community, in June 2023.

TUCSON, AZ – Bascom Arizona Ventures (BAZV), a subsidiary of Irvine, California-based private equity firm The Bascom Group (Bascom) has acquired Domain 3201, a 289-unit multifamily property located in Tucson, Arizona for $45.5 million or $157,439 per unit.
BrightSpire Capital Acquisitions provided debt financing, which was arranged by Brian Eisendrath, Cameron Chalfant, Ben Margolis, and Jesse Zarouk of Institutional Property Advisors (IPA), for the acquisition. Hamid Panahi, Clint Wadlund, Steve Gebing, and Cliff David, of IPA advised the buyer and seller in the off-market transaction. Arizona-based property manager Bryten Real Estate Partners will manage the property.
Constructed in two phases in 1985 & 1990, this picturesque garden-style property offers resort-style living in one of Tucson’s most coveted submarkets. Residents of Domain 3201 enjoy an all-inclusive collection of common area amenities thoughtfully designed to support both professional and recreational lifestyles. Ideally positioned near Interstate 10, the property provides seamless access to leading employment centers, premier shopping, dining, and entertaining destinations, including Tucson’s first high-density urban village, Uptown, just a short five-minute drive away. The property offers residents one, two- and three-bedroom floor plans and an unmatched amenity package that features three swimming pools, two spas, open green spaces, a fitness center, yoga studio, clubhouse, business center, and two pickleball courts, spanning nearly 12.5 acres.
Domain 3201 presents a compelling value-add opportunity, with new ownership planning a thoughtful capital improvement program designed to elevate everyday living through refreshed clubhouse and leasing office spaces, enhanced pool, spa, and fitness areas, and upgraded residences.
This transaction marks BAZV’s second acquisition in 2026. “After the recent acquisition of Retreat at Speedway, BAZV felt now was the right time to expand in Tucson,” says Joe Daiutolo, Acquisitions Manager for Bascom Arizona Ventures. “BAZV is tremendously grateful for IPA’s trust in our ability to execute an off-market acquisition. We value relationships, don’t take these opportunities for granted, and are eager to further enhance the day-to-day resident experience through our value-add program.”
The purchase of Domain 3201 comes on the heels of BAZV acquiring the Retreat at Speedway, a 304-unit multifamily property located in Tucson, Arizona for $53.4 million or $175,658 per unit. The Retreat at Speedway was acquired by Bascom’s current fund offering, Bascom Value Added Apartment Investors VI, LLC (“Fund VI” or the “Fund”). Fund VI is focused on acquiring apartment communities throughout the U.S. that can be repositioned through value-add renovations, management improvements, recovery from being over leveraged and distressed, or may be a foreclosure and trading at a significant discount.

SAN ANTONIO, TX – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, held a grand opening ceremony this month at Leon Creek Flats, a new 308-unit affordable housing development in San Antonio, Texas. The ceremony brought together local business leaders, community officials and LAC leaders to mark the developer’s first ground-up affordable housing project in Texas.
“LAC is proud to work with our local partners to meet the needs of communities impacted by the affordability crisis,” said Blake Hopkins, LAC Vice President and Regional Project Partner. “Leon Creek Flats provides hundreds of San Antonio families with access to high-quality, affordable homes with amenities and on-site resources that support long-term stability.”
Leon Creek Flats will feature a mix of one-, two- and three- bedroom apartments. The community will lease 261 of its units to residents earning at or below 60% of the area median income (AMI), with the remaining 47 units reserved for those earning below 30% AMI.
Communal amenities include a fitness center, clubhouse, pool, covered grilling area and a dog park. On-site services such as after-school programs will be available free of charge for families.
“LAC is proud to officially open our first ground-up development in Texas,” said Leslie Roering, LAC Vice President, Regional Development. “Leon Creek Flats demonstrates our commitment to expanding affordable housing in markets where the need is greatest, and we look forward to making an impact in this community for many years to come.”

SEATTLE, WA – Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, announced the acquisition of 18463 Blueberry Lane, a 222-unit garden-style multifamily community in Monroe, Washington, within the greater Seattle metro area.
The investment was made on behalf of Sagard Real Estate s recently launched core-plus open-end fund, which targets seaport/last-mile industrial, workforce rental housing, and other niche property sub-sectors in supply-constrained, high-growth markets.
Located in Monroe, a growing suburb within the Seattle metro, the area benefits from strong demographic trends, relative affordability compared to core Eastside submarkets, and access to major employment hubs including Everett, Bellevue, Redmond, and downtown Seattle. The submarket s population growth, coupled with a constrained supply base with limited new construction, continues to support healthy occupancy levels.
The Monroe acquisition aligns well with our fund strategy, targeting submarkets supported by strong workforce rental demand and favorable market fundamentals, said John Maurer, Head of Equity at Sagard Real Estate and Senior Portfolio Manager. We believe this asset is favorably positioned to benefit from a structural need for a lower cost of housing while drafting off higher rents in the urban corridor, added Tyler Williams, Co-Portfolio Manager at Sagard Real Estate.
Built in 1991, the property spans approximately 10.4 acres and consists of 20 buildings totaling 222 units, along with a standalone clubhouse and amenity space. Amenities include a fitness center, swimming pool, clubhouse, outdoor grilling areas, and landscaped open space. SRE plans to upgrade a portion of the units which remain in original condition.
The transaction further expands the fund s diversified residential portfolio and Sagard Real Estate s presence in the Pacific Northwest, underscoring conviction in high-growth suburbs of major coastal markets.

HORSESHOE BAY, TX – Falcon Senior Housing and SilverPoint Senior Living broke ground on The Statesman at Horseshoe Bay, a $108 million luxury senior living community located on Falcon Tract within the SilverRock community in Horseshoe Bay, Texas.
The ceremonial groundbreaking marks the official public introduction of The Statesman at Horseshoe Bay — the name under which the project will be marketed, sold, and operated.
The Statesman will offer independent living, assisted living, and memory care on one of the most distinctive lakeside locations in the Texas Hill Country. Designed to reflect the natural elegance of the Highland Lakes corridor, the community is positioned as the premier luxury senior living anchor for the Horseshoe Bay, Marble Falls, and greater Hill Country market.
“Today, we break ground not just on a development, but on a community — The Statesman at Horseshoe Bay. We are answering the call Horseshoe Bay has asked for: to give residents the ability to stay in their hometown and to provide an engaged community that matches the Hill Country elegance and luxury lifestyle they already know here, stated John Hyjer of Falcon Senior Housing.
Located on Falcon Tract within the SilverRock master community, The Statesman provides residents direct access to Horseshoe Bay’s world-class amenities, lakeside lifestyle, and the scenic character of the Highland Lakes corridor.