HOUSTON, TX – National multifamily developer Wood Partners announced the official groundbreaking of Alta Timberline in Tomball, Texas, a suburb outside of Houston. The 204-unit luxury multifamily community is set to deliver in May 2027.
Alta Timberline sits at the transition between Houston’s urban fabric and the piney woods of Northwest Harris County. The name Timberline is a nod to the surrounding tall pines, wooded corridors and the semi-rural, green character that distinguishes Tomball from inner-loop Houston submarkets.
“This project reflects our commitment to delivering high-quality housing in locations that give residents direct access to community offerings, while also providing premium amenities and thoughtful design,” said Bart Barrett, managing director at Wood Partners. “Tomball continues to see strong demand from consumers who want quick access to Houston while still enjoying a more open, neighborhood-oriented environment. Working alongside the City, we’re looking forward to delivering much-needed housing to the area.”
The seven three-story buildings will feature a mix of one-, two- and three-bedroom layouts, plus one-bedroom with a study. Each unit has stainless steel appliances, an in-unit washer and dryer, granite countertops, custom cabinetry, designer wood-style plank flooring and walk-in closets. Additionally, the ground-floor units offer a private yard, while upper-level floors feature personal balconies.
Amenities include a clubhouse, a resort-style pool, a shaded outdoor kitchen area with gas grill stations, TV, fans and seating for lounging and dining, two pickleball courts, a dog park, a pet spa, a business lounge, a social lounge, a fitness center and a coffee bar.
In collaboration with the City of Tomball, Wood Partners is advancing a series of access and pedestrian connectivity improvements in the surrounding area. Plans include adding a new sidewalk and pedestrian access gate, connecting Alta Timberline to the existing sidewalk along Lacey Road in front of Blackshear Elementary School, as well as a new median cut and turn lane on Hufsmith-Kohrville Rd. These enhancements provide convenient access to the community’s main entrance and improve traffic flow.

SAVANNAH, GA – Henderson Park, the international private equity real estate firm with US headquarters in Charleston, South Carolina and Green Room Partners, a Charleston-based real estate development and investment firm focused on the acquisition and development of Build-to-Rent, multifamily, and specialty retail properties across the Southeast., have acquired Pointe Grand, a 288-unit garden-style multifamily housing community located in the high-growth Port Wentworth submarket of Savannah, Georgia.
Built in 2021, Pointe Grand’s garden style product sits on 36 acres and features modern finishes, including stainless steel appliances, quartz countertops, and white cabinetry. Resident amenities include a swimming pool, fitness center, fire pit, dog park, and valet trash service.
Pointe Grand is located near the intersection of Interstate 95 and Highway 21, within a 30‑minute drive of both downtown Savannah and downtown Bluffton. This prime location provides residents with convenient access to regional employment, retail destinations, bustling nightlife, and the soon-to-be completed Anchor Park.
Savannah benefits from a diverse and expanding economy anchored by the Port of Savannah, with a job market focused on skilled manufacturing and distribution, healthcare, higher education, and tourism. According to Oxford Economics, Savannah’s population, job, and wage growth are all projected to outpace the national average over the next five years.
Henderson Park and Green Room Partners plan to invest in a series of accretive operational and value-add enhancements to the community’s amenities further strengthening its appeal to residents and reinforcing its competitive position within the market.
Nick Weber, CEO and Founder of Henderson Park, commented: “Pointe Grand represents a high-quality, well-located multifamily asset in a submarket benefitting from strong structural growth drivers. Port Wentworth’s proximity to major transportation corridors and employment hubs, combined with Savannah’s expanding and diversified economy, aligns well with our investment strategy. We look forward to partnering with Green Room Partners to execute a targeted business plan, enhancing the resident experience while strengthening the community’s long-term performance”.
Rob Tulloch, Co-Managing Partner of Green Room Partners, said: “We’ve been active in the Savannah market for several years, and Port Wentworth stands out as one of the more compelling submarkets in the Southeast today. Pointe Grand is a well-positioned asset with meaningful upside through disciplined, hands-on management. We’re excited to execute the business plan alongside Henderson Park, whose institutional capital and global platform couple with an astute operator’s mindset- a differentiator that brings tremendous value to the partnership.”

BOSTON, MA – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Allston, a contemporary midrise community in the thriving Lower Allston neighborhood.
Modera Allston, which will feature 240 homes, will offer prime access to the vibrant neighborhood, as well as Harvard’s Allston campus, which includes Harvard Business School and the new Harvard Enterprise Research Campus. First move-ins are anticipated for early 2028.
“The Allston neighborhood has experienced exciting growth and continues to be a sought-after living destination,” said Tim Alexander, managing director of development for Mill Creek. “We’re excited to appeal to that demand with the development of Modera Allston. We’re eager to get started and soon provide a top-of-market option for the area’s current and future residents.”
Located at 250 Everett Street, Modera Allston easily connects to the Mass Turnpike (Interstate 90), which serves as a main gateway to and from greater Boston. The community is also situated less than a mile south of Soldiers Field Road, a major crosstown parkway. Future residents will be within walking distance of the Boston Landing station on the MBTA commuter rail and will have access to a variety of nearby recreational destinations, including Charles River Reservation, a 17-mile urban preserve and activity area along the banks of the venerable river.
Modera Allston will offer studio, one-, two- and three-bedroom homes with select den layouts and private patios or balconies. Community amenities will include a rooftop deck, grilling area, resident clubhouse, speakeasy-inspired lounge with sports simulator, coworking spaces, private workstations and offices, landscaped courtyards, pet spa and a club-quality fitness studio with cardio equipment. The community will also offer controlled-access garage parking with EV-charging stations, ample bicycle storage and a bike repair station.
Homes will feature wood-style plank flooring, stainless steel appliances, quartz countertops, tile backsplashes, movable kitchen islands with storage, custom soft-close cabinetry, in-home washers and dryers and spacious closets. Smart features will include smart thermostats, smart leak detection, bulk WiFi, controlled-access guest technology and key fob access. Designer bathrooms will include tile flooring, double vanities in select homes, backlit mirrors, quartz countertops, custom cabinetry and tile shower surrounds. The community is being built to, and is pursuing, LEED Gold and Passive House Certifications, which include rigorous standards for energy-efficient buildings.

CHICAGO, IL – Senior Lifestyle, a leading owner, operator and developer of senior living communities nationwide, announced that it has participated with its capital partners in the recent recapitalization of North Shore Place in Northbrook, Illinois, and The Sheridan at Eastside in Snellville, Georgia. Both communities were developed by Senior Lifestyle and continue to be operated by the company following the transaction.
“This transaction reflects the quality of these communities and our team’s ability to develop and operate at the highest level,” said Jon DeLuca, president and CEO of Senior Lifestyle. “It also allows us to deepen our relationships with two established institutional partners while retaining both communities within the Senior Lifestyle family.”
North Shore Place is a 188-unit assisted living and memory care community located in Northbrook, Illinois. Originally opened in 2014 with 156 units, the community expanded in 2019 to meet strong market demand. Elegantly designed and fully amenitized, North Shore Place is widely recognized for the high quality of care it provides to its residents and their families as a premier senior living option in Chicago’s North Shore suburbs.
The Sheridan at Eastside is a 214-unit senior living community located in Snellville, Georgia, a well-established suburban market within the greater Atlanta area. Opened in 2019, the community offers independent living villas and apartments, along with assisted living and memory care. Situated on a 15-acre campus surrounding a picturesque five-acre pond, The Sheridan at Eastside supports a broad range of resident needs with Senior Lifestyle’s “Signature Experiences” programming.

HOUSTON, TX – Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, in partnership with Haseko North America, today announced the development of Allora Fallbrook, a 366-unit, Class A apartment community located along Beltway 8 in northwest Houston.
Allora Fallbrook will deliver a high-quality residential experience through efficient floor plans, modern finishes, and lifestyle-oriented amenities. Situated in the established Jersey Village submarket, Allora Fallbrook benefits from limited new multifamily supply and proximity to major employment centers across northwest Houston. The community is located near significant industrial and technology investment in the area, including major facilities associated with Apple, NVIDIA, and Foxconn, and offers convenient access to the Energy Corridor, Downtown Houston, Uptown/Galleria, and the Texas Medical Center.
We are proud to partner with Haseko on Allora Fallbrook and to continue advancing the Allora platform in Houston, said Jack Farmer, Director at Trammell Crow Residential s Capital Markets team. Allora Fallbrook exemplifies our strategy of delivering well-designed, efficiently built communities in markets with strong fundamentals. With limited new supply and proximity to major employment drivers, Allora Fallbrook is positioned to provide long-term value for future residents and our partners alike.
Haseko is proud to partner with Trammell Crow Residential on Allora Fallbrook, our first development joint venture together, said Kain Matsumoto, Chairman and President of Haseko North America. The Allora platform aligns well with our long-term investment strategy, as we strive to reach $100 million in annual profit. We look forward to a successful partnership on this project and future opportunities together.
With limited new supply coming online and continued job growth in the region, Allora Fallbrook represents an exceptional opportunity to deliver a well-located community that meet the needs of a broad renter base, added Laurie Mathers, Head of Investment & Asset Management at Haseko North America. Allora Fallbrook is positioned to provide long-term value, not only as an asset for investors but as a housing option for residents.
Construction is expected to begin in early 2026, with first units delivering in 2027. Upon completion, the four-story Allora Fallbrook will feature a mix of one- and two-bedroom residences, surface parking, and a suite of amenities designed to support everyday living, including a resort-style pool, fitness center, clubhouse, and outdoor gathering spaces.

BOULDER, CO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the sale of Notch66, a 336-unit luxury multifamily community located in Longmont. The Wolff Company, a Scottsdale, Ariz.-based real estate investment and development firm, purchased the property through its core-plus acquisition vehicle for an undisclosed price.
Notch66 was developed with equity from Watermark 2021 Development Fund III, LP. Construction began in February 2022 and was completed in June 2024. At the time of sale, Notch66 was 93% leased.
“The successful sale of Notch66 reflects our commitment to delivering thoughtfully designed, high-quality communities in vibrant growth markets like Longmont,” said Josh Purvis, managing partner for Thompson Thrift Residential. “With its proximity to Boulder and Denver, a strong employment base, and exceptional quality of life, Longmont continues to attract top-tier residents. We’re proud of the lasting value Notch66 brings to the community and confident it will remain a desirable place to live for years to come.”
Situated on approximately 18.4 acres at 2514 Main Street and Ute Highway, Notch66 features one-, two- and three-bedroom apartment homes with upscale finishes, including quartz countertops, stainless steel appliances, hardwood-style flooring, full-size washers and dryers, walk-in closets, and private yards and detached garages in select units. Community amenities include a clubhouse with resident gathering spaces, a heated resort-style swimming pool, a fully equipped fitness center, community-wide Wi-Fi and a dog park.
The sale of Notch66 reflects Thompson Thrift’s continued activity in Colorado, where the company has developed 22 communities statewide, including three communities in Longmont.
The transaction was brokered by CBRE, with Shane Ozment, Terrance Hunt, Chris Hart and Brad Schlafer representing Thompson Thrift.
“We had an incredible number of offers for Notch66,” said Shane Ozment, vice chairman for CBRE. “Its position as one of the fastest lease-up communities in Longmont, driven by its premium location and upscale finishes, clearly resonated in the marketplace.”
Over the past 40 years, Thompson Thrift has invested more than $7.1 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing, and management of high-quality real estate projects across the country.

ATLANTA, GA – ECI Group, with joint venture partner Marcus Partners, announces the off-market acquisition of Riverside Parc Apartments, a seven-building, 280-unit garden apartment community at 1925 Waycrest Drive Southwest, in Atlanta, GA.
“ECI is thrilled to acquire Riverside Parc with first-time joint venture partner, Marcus Partners,” said Peter Miklius, Acquisitions Director at ECI Group. “We are optimistic about the future growth prospects at this property and in the Atlanta apartment market in general, as the current oversupply of apartments is absorbed in 2026. The property is approximately 15 years old, and in mostly original condition, so we plan to modernize the amenities and unit interiors, which will make the property more enjoyable for the residents and be a long-term benefit to the neighborhood.”
ECI’s modernization plans include renovating the clubhouse and other amenities, adding washers and dryers in all the units, and upgrading the unit interiors, including paint color change, framing of bathroom mirrors, and replacing plumbing fixtures.
Riverside Parc features exceptional access to more than 26,000 jobs in the nearby Fulton Industrial Corridor and is a short drive to Hartsfield-Jackson International Airport, which supports more than 448,000 regional jobs. The surrounding neighborhood contains high-quality residential and retail uses, including the new Sandtown Crossings Shopping Plaza, which includes a Publix, Starbucks, CVS, and the Camp Creek Marketplace, which includes an LA Fitness, Target, Lowe’s, along with other national retailers.
ECI Group has been one of the most highly regarded, privately owned real estate organizations in the United States. The firm is fully integrated, with development, construction, investment, and property management groups that have garnered national recognition for innovation and performance in the multifamily industry.

BOSTON, MA – Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced the acquisition of Boston Bay and Hope Bay, two adjacent affordable housing properties comprising 133 family units located in the Dorchester neighborhood of Boston, Massachusetts. This acquisition marks HVPG’s entry into the Massachusetts affordable housing market and expands the firm’s footprint across New England.
The properties, located at 205 Magnolia Street (Boston Bay) and 5 Norwell Street (Hope Bay), consist of 20 buildings across two scattered sites originally constructed between 1890 and 1920. Total project costs related to this preservation project are approximately $52.5 million, funded with a Fannie Mae loan provided by KeyBank.
HVPG is planning approximately $6.4 million in renovations, averaging ~$48K per unit. The comprehensive scope of work will include complete kitchen and bathroom upgrades with water-saving fixtures, energy star appliances, and modern, market rate finishes. There will be additional common area enhancements and upgraded security features added throughout both properties. Additionally, LED lighting will be installed at building exteriors and common areas to enhance resident safety and energy efficiency.
“We are proud to bring HVPG’s preservation platform to Boston and Massachusetts,” said Jason Bordainick, Co-Founder and Managing Partner of Hudson Valley Property Group. “Boston Bay and Hope Bay represent an opportunity to preserve critical affordable housing in one of the nation’s most supply-constrained markets. Our investment will ensure that 133 families can continue to call Dorchester home while benefiting from modernized living spaces and enhanced amenities. We look forward to partnering with the City of Boston and HUD to safeguard affordability and elevate quality of life for residents.”
HVPG secured new HUD Project-Based Section 8 HAP contracts covering 100% of the units which are leased to income-qualified residents. These contracts limit household rental payments to 30% of annual income. As a result of this acquisition rehab, affordability will be extended for an additional 27 years at Boston Bay and 31 years at Hope Bay.
As part of HVPG’s commitment to enhancing quality of life for residents, the firm will implement several community-focused initiatives at both properties. Through a partnership with Pinata, residents will have access to renters’ insurance and credit reporting services that enable them to build credit by reporting on-time rent payments to credit bureaus. HVPG will introduce its signature Community Enhancement Program, which includes the installation of security cameras and access control systems throughout both properties, complemented by continued roaming guard patrols to ensure resident safety. Additionally, HVPG will retain UHM Properties as onsite property management, ensuring continuity of the resident services programming currently offered through their central office.
This acquisition builds on HVPG’s regional expansion strategy and commitment to preserving affordable housing in high-cost markets across the Northeast. The firm currently operates properties across 13 states, with their current portfolio spanning more than 16,300 units nationwide.
SVN Affordable | Levental Realty was the exclusive listing broker for the seller and Jamie Renzenbrink and Gene Levental led the transaction on behalf of the firm.
“It was a privilege to represent the seller’s interest in this transaction, and after multiple rounds of competitive bidding with many qualified buyers at the table, we are pleased the seller selected Hudson Valley as the new owners of Boston and Hope Bay,” said Gene Levental, Managing Director, SVN Affordable. Given the age and construction of the buildings, meaningful renovation can be challenging, but HVPG’s proposed capital plan and financing structure will allow for long-term preservation and affordability of the assets, which was extremely important to the seller.”

RICHMOND, VA – Capital Square, a leading sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities across the nation, has officially opened Chasen, a 352-unit, Class A, multifamily community in Richmond, Virginia’s Scott’s Addition qualified opportunity zone. This milestone marks the firm’s fifth successful opportunity zone development completed in Richmond’s premier dining and entertainment neighborhood.
The grand opening event featured a host of local dignitaries, including Richmond Mayor Dr. Danny Avula, Katherine Jordan of Richmond City Council, Capital Square Co-CEOs Louis Rogers and Whitson Huffman, and other key partners and development team leaders. After the reception and speeches, attendees toured the building’s market-leading residences and amenity spaces.
“The opening of Chasen represents another important milestone for Capital Square and for the continued evolution of Scott’s Addition,” said Whitson Huffman, co-chief executive officer and chief investment officer of Capital Square. “A testament to how opportunity zone legislation can transform both neighborhoods and investor outcomes, Chasen reflects our commitment to creating high-quality residential communities that elevate the urban living experience. With its luxury amenities and premium finishes, Chasen offers residents a sophisticated lifestyle while reinforcing Scott’s Addition’s position as one of Richmond’s most dynamic and desirable neighborhoods.”
Located in the heart of Scott’s Addition, the community includes three six- and seven-story residential buildings above podium parking with over 5,350 square feet of ground-level retail space. Units average 845 square feet with premium appliances and finishes, including quartz countertops, tile back splashes and luxury tile throughout. Community amenities include a resort-style zero-edge pool, fitness center, wellness studio, co-working space, dog wash station, resident lounges, lush courtyards with native Virginia landscaping and a rooftop terrace.
Capital Square has been the most active developer within the Scott’s Addition neighborhood since 2020, having completed five Class A mixed-use multifamily communities: INK at Scott’s Collection, VIV at Scott’s Collection, GEM at Scott’s Collection, Otis and Chasen, all within walking distance of one another.
The project team included Poole & Poole Architecture as building architect, Timmons Group as civil engineer and Hourigan Construction as general contractor. The design team included ENV as interior designer and Marvel Designs as landscape designer.
Chasen was funded with proceeds from Capital Square’s seventh qualified opportunity zone fund, CSRA Opportunity Zone Fund VII, LLC. Conceived as part of the Tax Cuts and Jobs Act of 2017, opportunity zone funds are intended to help foster economic growth by providing tax benefits to incentivize private investments in designated opportunity zones. More recently, Capital Square launched CSRA Opportunity Zone Fund IX, LLC to fund the construction of another luxury multifamily development in the Scott’s Addition neighborhood.
Natalie Mason, co-head of development at Capital Square, added, “Scott’s Addition has incredible energy, and Chasen puts residents right in the center of it all. From the local breweries and restaurants to the walkable streets and creative community, this neighborhood offers something truly unique. We’re excited to give people the opportunity to live here and experience everything this area has to offer.”

ATLANTA, GA – NewStar Exchange, a subsidiary of NEWSTAR, announced that it has acquired Sweetwater Springs, a newly-constructed Class A townhome apartment community in Atlanta, Georgia, and launched a new Delaware Statutory Trust offering for accredited investors.
The Property features 95 two-, three- and four-bedroom homes averaging 1,803 square feet. All homes feature attached garages and private balconies or patios. Construction of the community was completed in 2025 and as of closing the Property was 94% leased.
Community amenities include a resort-style pool, cabana with restrooms and showers, on-site maintenance and leasing office, playground, and a dog park. Interior finishes feature luxury vinyl plank flooring, granite countertops, and stainless-steel appliances. NEWSTAR Exchange acquired the property on behalf of Newstar 17 Sweetwater Springs, DST.
“We have evaluated more than 200 acquisition opportunities in our NEWSTAR Exchange business since launching in 2022, closing on just four properties through the end of 2025,” said Boone DuPree, Chief Executive Office of NEWSTAR. “We have been selective in waiting for opportunities to invest in high quality communities in high quality locations, at the right price and with the right financing, and Sweetwater Springs meets those objectives fully. We look forward to a successful offering to accredited investors seeking tax deferral with the opportunity for passive income and appreciation in an attractive institutional real estate asset.”