LUBBOCK, TX – Altus Equity Group completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, reinforcing the firm’s continued investment activity as it actively deploys capital amid ongoing uncertainty across the real estate capital markets.
The off-market transaction reflects Altus’ disciplined approach to identifying cash-flowing assets with strong in-place performance and financing structures that provide flexibility across market cycles.
“This acquisition is consistent with how we approach investing—prioritizing durable operations, downside protection, and the ability to adapt as market conditions evolve,” said Andy Eicher, Senior Vice President of Investments at Altus Equity Group. “We remain active in sourcing and executing opportunities where pricing, operations, and capital structure align.”
The portfolio consists of two adjacent communities—Bentwood Apartments and Bend at Bentwood Apartments—located along Loop 289 near major retail and employment centers. At closing, the properties were approximately 99% occupied and financed with long-term, fixed-rate assumable debt. No renovation program is planned.
The transaction capped an active year for Altus. In 2025, the firm acquired eight multifamily properties across West Texas, expanded into small-bay industrial with a 160,000-square-foot acquisition in the Dallas–Fort Worth Metroplex, and launched the Altus Secured Income Fund. The firm expects to continue its acquisition activity and further expand its investment platform in 2026.

DALLAS, TX – Quarterra, an industry-leading multifamily development and investment management firm, recently welcomed its first residents at Emblem Ravine, its newest attainable community in the Oak Cliff neighborhood of the Dallas-Fort Worth Metroplex.
Quarterra created the Emblem program to help address the national supply shortage of housing for middle-income renters. Emblem property development deploys a programmatic approach that utilizes consistent high-end interior finishes from one Emblem community to the next. Amenity designs and property features such as social rooms and fitness centers also follow a consistent programming approach. The focus on consistency allows Emblem developments to reach the market within an expedited time frame.
Emblem Ravine is Quarterra’s first Emblem community delivered in Texas, and 10th Emblem community delivered nationwide. Emblem Ravine features 372 spacious apartment homes in a modern garden-style community. With a proven amenities package and easy access to regional employers, schools, outdoor recreation, retail and dining, Emblem Ravine delivers an elevated living experience.
“The demand for attainable high-end housing for middle-income professionals isn’t abating, and Emblem Ravine helps to infuse much-needed inventory into the Dallas market,” said Nick Jacob, Director of Development at Quarterra. “The scale of the national Emblem model enables us to construct quality apartment homes at a significantly lower price point and better meet the needs of this overlooked demographic. We’re proud to welcome the first residents to Emblem Ravine and look forward to entrenching ourselves in the Oak Cliff community.”
Situated at 3500 W. Colorado Blvd., Emblem Ravine is ideally positioned along the Interstate 30 corridor and west of Downtown Dallas in the Oak Cliff neighborhood. Authentically Dallas with its historic character, cultural energy and active lifestyle, Oak Cliff puts destination dining, shopping and entertainment venues right at residents’ fingertips.
The Oak Cliff submarket is home to a diverse collection of local restaurants, independent coffee shops, retail and cultural destinations which feed the creative energy of the neighborhood. The retail and entertainment nodes of Trinity Groves and the Design District are just minutes from the property, adding to the dynamic offerings in the west Dallas area. Area attractions like Bishop Arts District, Stevens Park Golf Course and Kessler Park all provide escapes in the immediate vicinity, while Downtown Dallas is still readily accessible for entertainment or nightlife. House of Blues – Dallas, South Side Music Hall and Morton H. Meyerson Symphony Center, Dallas Farmers Market and Turtle Creek Arts Festival all host cultural events, while sports enthusiasts can catch a game at American Airlines Center, Cotton Bowl Stadium and Gerald J. Ford Stadium of Southern Methodist University.
The property is conveniently located near Westmoreland Road and Interstate 30, an east-west arterial highway that connects the Dallas CBD, the Mid-Cities of Arlington and Grand Prairie, and the Fort Worth CBD. The strategic positioning near key transportation corridors create ideal accessibility to Dallas employment hubs and attractions, as well as simple commutes to the neighboring cities of Arlington, Grand Prairie and Irving. The property is also just 20 minutes from Dallas Love Field and Dallas Forth Worth International Airport. Major regional employers — including AT&T, Parkland Health and Hospital System, UT Southwestern Medical Center, Texas Instruments and Amazon — are all within easy reach. Residents will also benefit from convenient access to office locations of several financial service firms that are moving to the uptown area in the coming years, including Bank of America, Goldman Sachs and ScotiaBank.
Apartment homes at Emblem Ravine include a mix of one-, two and three-bedroom layouts, ranging from 738 to 1,462 square feet. All homes come equipped with in-unit washers and dryers. Kitchens are appointed with stainless steel appliances and quartz countertops, and living spaces feature luxury vinyl flooring throughout. Sleek tile tub and shower surrounds produce a spa-like ambiance in bathrooms, and bedrooms incorporate expansive closets to extend storage space.
Community amenities include a resort-style pool and deck with loungers, as well as a veranda overlooking the pool area with a cozy fire pit for social gatherings. Outdoor grilling stations, a putting green, a dog park and an open air TrekFit fitness circuit contribute to an active outdoor environment, while a social lounge for entertaining keeps the energy going indoors. Covered carports and Parcel Pending package lockers also contribute to a convenient living experience.

LAS VEGAS, NV – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, and Rockefeller Group, a national developer, announced that pre-leasing is underway for Miraluna, a 342-unit Class A apartment community in south Las Vegas. Adjacent to the Southern Highlands Master-Planned Community, the resort-inspired development is now accepting applications, with initial move-ins beginning in March 2026. Miraluna, formerly known as Silverado, marks The NRP Group s entry into the Las Vegas market and the continuation of Rockefeller Group s growth in Nevada.
Miraluna features a curated collection of one-, two-, and three-bedroom residences, designed with contemporary finishes and versatile layouts to complement diverse lifestyles. Residents will enjoy an array of indoor and outdoor amenities that promote wellness, walkability and social connection. This distinctive blend of comfort and sophistication positions Miraluna as a premier destination for high-end, resort-inspired living in Enterprise.
We are excited to bring Miraluna to life as Rockefeller Group s first Las Vegas community in such a desirable and vibrant location, said J.P. Harlow, Managing Director for Rockefeller Group in the West Region.
From the architecture to the shared spaces, the community was designed to offer residents a lifestyle that feels both luxurious and welcoming. Miraluna adds a new option for renters who want modern interiors, resort style amenities with all the latest wellness offerings and access to the best of Las Vegas, added Matt Bruns, Director for Rockefeller Group.
Situated on a 13-acre site, Miraluna features 15 three-story, garden-style residential buildings totaling 342 units. Its locally inspired architecture, designed by Las Vegas-based Perlman Architects, incorporates stone and metal accents that distinguish the community from traditional stucco-style properties in the area.
Miraluna is located in the town of Enterprise, offering residents proximity to major job corridors, retail centers and landmarks including the Las Vegas Strip, Allegiant Stadium and Harry Reid International Airport, all within a seven-mile radius. The community is also a short distance to both Henderson and Summerlin.
Enterprise continues to attract renters seeking premium housing near major employment centers and lifestyle destinations, said Chris O Neill, Executive Vice President of Development at The NRP Group. Miraluna responds to that demand by delivering thoughtfully designed homes with modern interiors and a robust amenity program that enhances the everyday resident experience.
Miraluna will feature a 7,000-square-foot clubhouse with a social and sports lounge, communal kitchen, fitness center with a yoga room, and a coworking space with offices and meeting rooms designed for remote professionals and students. Outdoors, residents can enjoy a resort-style pool with cabanas, pickleball and bocce courts, dining and grilling areas, a sauna, yoga lawn, fire pit, and dog park.
Residential interiors feature quartz countertops, stainless steel appliances, upgraded cabinetry and LED backlit bathroom mirrors. The community offers detached garages, carports and extra storage space for residence, and select apartments include balconies and private yards.
Las Vegas is a priority market for The NRP Group. In 2025, the firm broke ground on nearly 1,200 units across four developments throughout the city, spanning luxury, market-rate and affordable housing. The NRP Group has developed more than 62,000 apartment homes since 1994 and currently manages over 30,000 residential units across the U.S.
Rockefeller Group is a diversified development company focused on multifamily, office and industrial real estate nationally. The company has been active in Nevada since 2022 and has developed more than 650,000 square feet of premier logistics real estate in the Las Vegas area. The company was founded in 1928 for the development of New York s Rockefeller Center, and over the past decade has completed more than 3,000 luxury residential rentals and condominiums across the U.S., with nearly 4,000 multifamily units in various stages of construction or planning.
Construction of Miraluna began in December 2024, with final completion slated for Q1 2027. Pre-leasing is actively underway, with initial move-ins commencing in March 2026.

ORLANDO, FL – Knightvest Capital, a vertically integrated multifamily investment firm, announced the acquisition of the Heritage Estates community in Orlando, FL. This successful close represents the 15th investment in Knightvest’s Fund II, and the third acquisition in Orlando in six months, bringing the total units owned in the market to 1,535 units.
Built in 2003, the 230-unit apartment community is located in the fast-growing corridor of East Orlando with close proximity to major employment hubs such as Lockheed Martin, the University of Central Florida, Orlando International Airport, and Lake Nona. Knightvest will implement a comprehensive renovation program with planned improvements to unit interiors, the property’s exterior, and the common areas, including a 9,000 square-foot clubhouse and fitness center. As part of the renovation efforts, Knightvest has renamed the community to The Palmer.
“With The Palmer, we’re expanding our presence in a region where we’ve seen strong performance,” said David Moore, Knightvest founder and CEO. “The community’s spacious floorplans, high-quality construction, and proximity to major employment hubs make it a compelling addition to our portfolio. This acquisition reflects our deep-market strategy, focusing on fewer, more concentrated markets where we can build scale and local expertise that directly benefits performance.”
With three acquisitions in six months, Knightvest has established meaningful scale in Orlando since entering the market in 2022. The firm’s growing presence positions it to operate with greater efficiency and local insight as it continues to pursue opportunities across one of the fastest growing regions in terms of both population and employment.

AUSTIN, TX – Machine Investment Group (MIG), a real estate investment platform focused on opportunistic, distressed, and special situations across the United States, announced the off-market acquisition of Rise 120, a newly built property consisting of 227 multifamily units and 15,000 square feet of retail located in Georgetown, TX, a highly desirable and fast growing submarket of the Austin MSA.
Rise 120 offers recently completed (Q1 2024) rental apartments within a submarket dense with high-income employment drivers. The property is situated 2 minutes from I-35, providing accessibility to Downtown Austin, Georgetown and Round Rock, and major North Austin employment drivers including Dell, Apple, and the Domain. Georgetown ranked as the fastest growing city in the nation by the U.S. Census Bureau from 2021 through 2023, outpacing the broader Austin MSA for more than 10 years. Austin, as a whole, has demonstrated a track record of attracting a highly educated and affluent population, exceeding every other major U.S. city in growth over the last decade.
The purchase of Rise 120 represents an opportunity to acquire a high-quality, new construction multifamily asset at 30% below the developer’s basis, driven by a period of capital markets dislocation, as well as a temporary oversupply. MIG plans to accelerate lease-up through a further investment in Rise 120 that will differentiate the property with additional amenities, slated to include a golf simulator, sauna, and cold plunge. Existing amenities include a pool, fitness center, resident lounge, grill area, and dog park. Rise 120 is the only building within its competitive set to contain retail space, and MIG plans to support retail leaseup with tenant improvement allowances. Local market dynamics are expected to drive continued residential rent growth over MIG’s investment period.
“Austin recognized significant overbuilding in the recent commercial cycle, however we believe the multifamily distress is transitory in specific submarkets as the MSA offers some of the strongest medium-to-long term fundamentals in the country,” said Eric Rosenthal, Co-Founder and Managing Partner of Machine Investment Group.
MIG completed the acquisition in partnership with Alta Real Estate Partners, a vertically integrated multifamily investment firm. Walker & Dunlop represented the seller in the transaction.

AUSTIN, TX – Virga Capital closed on its first multifamily acquisition in the Austin metropolitan area with the purchase of The Beacon at Pfluger Farm, a 258-unit Class A apartment community located in Pflugerville, Texas.
Built in 2022, The Beacon at Pfluger Farm is a three-story, garden-style community offering a balanced mix of one-, two-, and three-bedroom residences with an average unit size of approximately 890 square feet. The property features contemporary interior finishes and a market-leading amenity package that includes a clubhouse, resort-style swimming pool, two fitness facilities, coworking and resident lounge spaces, private garages, and outdoor gathering areas.
The Beacon at Pfluger Farm is located within a 10-minute walk of the 1.5 million-square-foot Stone Hill Town Center, providing residents with immediate access to a wide range of restaurants, retailers, and entertainment options. Situated in the high-growth Pflugerville submarket, the property benefits from limited near-term supply, proximity to technology and advanced manufacturing employers, and strong regional connectivity via State Highway 45 and State Highway 130.
“We acquired The Beacon as Austin’s multifamily supply pipeline is falling off a cliff following years of elevated deliveries,” said Robert Lateiner, Founder and CEO of Virga Capital. “That dynamic has created a generational opportunity to invest in one of the nation’s strongest long-term growth markets at a cyclical low. With 2025 absorption exceeding 20,000 units—roughly double the historic average—this acquisition positions Virga as a front-runner ahead of the return of large-scale institutional capital. The window to invest in Austin multifamily is open, but it is closing quickly.”

CHARLOTTE, NC – The Republic Family of Companies, through its Charlotte subsidiary Republic Development Group, and Esen announced a joint venture to develop a new mixed-use community at 700 and 800 Central Avenue. Located just east of Uptown in the historic Plaza Midwood neighborhood, the project will feature approximately 370 multifamily units and 3,000 square feet of ground-floor retail space. Construction is planned to start in mid-2026.
The development represents a significant investment in one of Charlotte s most culturally rich corridors. Plaza Midwood, which originated in the early 1900s as the city s first “streetcar suburb,” owes its unique character to the 1903 streetcar line that ran down Central Avenue. This new project, located at Central Ave and Piedmont St, is designed to honor this history while meeting the modern demand for walkable, amenity-rich living.
“We are thrilled to bring a project of this caliber to Plaza Midwood, a neighborhood that offers historic charm within reach of Charlotte s economic center,” said Adam McMichael, Managing Director and Charlotte Lead for Republic. ” Charlotte s demand for well-located, thoughtfully crafted housing continues to grow, and this project answers that need. For us, this is about more than building housing; it s about welcoming new residents to one of the Southeast s most desirable neighborhoods.”
The partnership brings together two powerful real estate entities. Republic, led by Chairman Richard Kramer, encompasses a diverse portfolio of businesses including Republic Properties Corporation and Republic Urban Properties. Esen, a recently established venture formed by seasoned developers, focuses on urban developments grounded in purpose-driven design.
“This partnership between Republic and Esen reflects a shared belief in Charlotte s future and a shared vision for this site,” said Dave Boillot, Chief Investment Officer of Esen. “We are incredibly excited to enter the Charlotte market alongside a partner with Republic s track record. We believe our Central Avenue project will set a new standard for living in Plaza Midwood.”

SAN FRANCISCO, CA – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sold Villages at Parktown, a 309-unit garden-style community in Deer Park, Texas. The firm sponsored the acquisition of the property in May 2014.
“We are thrilled with the sale of Villages at Parktown,” said Anthony Ly, senior director of transactions at Hamilton Zanze. “This community represented a unique opportunity in a limited-supply submarket, and its larger units, including some as spacious as 1,600 square feet, proved highly attractive to residents. By building on that foundation through unit upgrades and the addition of a brand-new clubhouse and pool, we were able to create a better resident experience.”
Situated at 500 W Pasadena Boulevard, Villages at Parktown features one-, two-, three- and four-bedroom homes ranging from 810 to 1,600 square feet. The Gulf Plains location is approximately 20 miles southeast of Houston and 10 miles west of Trinity Bay. The commuter-friendly location easily connects to Highway 225 (Pasadena Freeway), Interstate 10 and the Sam Houston Tollway, which provide connectivity to the greater Houston area and beyond.
Common-area amenities at the pet-friendly community include an Olympic-sized swimming pool, sundeck, barbecue/picnic area, fitness center and an onsite playground. Homes include walk-in closets, air conditioning, ceiling fans, washer/dryer connections and private patios or balconies. Select homes feature wood-style flooring, quartz countertops, stainless steel appliances, subway tile backsplashes, custom cabinetry and private yards.
Villages at Parktown is surrounded by dining, entertainment and recreational options, including The Battleground Golf Course and San Jacinto Battleground State Historic Site. Several grocery options are within a short commute, as well.
The sale represented Hamilton Zanze’s ninth disposition of 2025. The firm has sold over $4.5 billion in multifamily properties since its founding in 2001.

TUCSON, AZ – Bascom Arizona Venture, an affiliate of Irvine, California-based private equity firm The Bascom Group, acquired the Retreat at Speedway, a 304-unit multifamily property located in Tucson, Arizona for $53.4 million or $175,658 per unit. The property was acquired by Bascom’s current fund offering, Bascom Value Added Apartment Investors VI, LLC.
Constructed in 2001 and positioned along Speedway Boulevard against the backdrop of the picturesque Catalina Mountains, The Retreat at Speedway benefits from proximity to the premier Catalina Foothills and access to major employment centers. The two-story, garden-style property offers residents spacious, open concept one- and two-bedroom floorplans and a strong amenity package that features a swimming pool and spa, fitness center, and clubhouse.
The Retreat at Speedway presents a compelling value-add opportunity, with new ownership planning a thoughtful capital improvement program designed to elevate everyday living through refreshed clubhouse spaces, enhanced pool, spa, and fitness areas, and upgraded residences.
This transaction marks BAZV’s first acquisition since February 2020. “BAZV has remained disciplined and committed to sourcing the right opportunity to align with their business plan,” says Joe Daiutolo, Acquisitions Manager for BAZV. “This acquisition reflects our commitment to reinvesting in the community through a thorough renovation program designed to enhance the day-to-day resident experience while unlocking the property’s long-term potential.”
BrightSpire Capital Acquisitions provided debt financing, which was arranged by Brian Eisendrath, Cameron Chalfant, Jake Vitta, and Jesse Zarouk of Institutional Property Advisors (IPA), for the acquisition. Steve Gebing, Cliff David, Hamid Panahi, and Clint Wadlund of IPA advised the buyer and seller in the transaction. Arizona-based property manager Bryten Real Estate Partners will manage the property.
Bascom Value Added Apartment Investors VI, LLC (“Fund VI” or the “Fund”), which is sponsored by Bascom, launched a new offering of its securities pursuant to Rule 506(c) under the Securities Act of 1933, as amended. 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. The Fund has been actively raising capital and acquiring property assets. The Fund currently owns six apartment properties with approximately $83 million of equity invested. The Fund is seeking to raise an additional approximately $70 million in equity for this offering.
Chad Sanderson, Fund VI Manager states, “Fund VI is focused on building a diversified multifamily portfolio that emphasizes capital preservation, long-term value creation, and consistent cash flow. With property values resetting meaningfully across many markets and increased pressure on sellers, we see a favorable environment for deploying disciplined capital. The portfolio to date reflects that approach, with attractive investments across markets, asset types, and risk profiles.” Joe Ferguson, Vice President, adds, “The Retreat at Speedway is a good illustration of this dynamic. We are acquiring a well-located, institutional-quality property at a strong going-in yield, with clear value-add upside and a cost basis meaningfully below replacement cost, reflecting the types of attractive, risk-adjusted opportunities created by today’s pricing reset.”

DENVER, CO – Buchanan Capital Partners, an Austin-based, zero-fee commercial real estate investment firm, announced its recent capitalization of Garrett Centennial Apartments, a 368-unit garden-style multifamily development located in the Denver Tech Center submarket.
The project is BCP’s second Joint Venture with The Garrett Companies in conjunction with their strategic partner, Telis Group. Weinstein Properties also joined the transaction as an equity partner. In 2024, BCP, The Garrett Companies and Telis collectively capitalized Garrett Fillmore Apartments, a 196-unit multifamily development in Colorado Springs.
Situated on a 19-acre site in the Denver Tech Center submarket, Garrett Centennial benefits from exceptional regional connectivity at the intersection of I-25 and Arapahoe Rd, minutes from the well-established corporate district, downtown Denver, and Cherry Creek State Park.
The project sits within the highly sought-after Cherry Creek School District, positioning the property well for future demand from families priced out of homeownership in the affluent area. Garrett Centennial is also centrally positioned within Midtown Centennial, an 800-acre, city-led redevelopment effort transforming legacy office parks into a walkable, mixed-use district.
The development will consist of 14 residential buildings offering a diverse unit mix designed to serve a broad renter base, including families, professionals, and long-term residents seeking access to top-tier schools and employment centers. Residents will be near major retail, dining, and entertainment destinations, including Top Golf Centennial, Park Meadows Mall, Cherry Creek State Park, and Centennial Center Park.
Keith Buchanan, Founder and Principal of Buchanan Capital Partners, said “Garrett Centennial allows us to deploy capital at an attractive cost basis in one of Denver’s best performing submarkets that has long-term demand fundamentals that support durable rent growth and value creation, while aligning with a Best-In-Class development partner who shares our long-term view of the market.”
Ford Albert, Director at Buchanan Capital Partners, added, “Over the past two years, BCP has been highly selective in multifamily investments. This opportunity stood out by meeting all our key criteria: an exceptional location in a top school district, discounted basis relative to recent comparable sales, dwindling supply pipeline, and vertically integrated development partner with a differentiated unit mix. Given Garrett’s attractive cost basis, BCP can conservatively underwrite lease-up rents at a significant discount to the submarket’s current rent levels. In 2026, we will look for similar JV development and direct acquisition opportunities in pockets with limited future supply.”