DALLAS, TX – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, announced the grand opening of Diamond Flats, a 331-unit luxury community with 5,000 square feet of ground-floor retail in Carrollton, Texas. The project addresses rising demand for high-quality housing across the Dallas-Fort Worth metroplex, pairing modern design with convenient access to major employment and entertainment centers.
Designed by Davies Architects with interiors by SJL Design Group, Diamond Flats was envisioned as a residential community inspired by art. From light-filled spaces to gallery-style corridors filled with curated artwork, the community s aesthetic embraces modern interpretations of classical art, creating an atmosphere that is both refined and approachable.
Diamond Flats was created with residents at the center of every decision, said Alena Savera, Vice President of Development at The NRP Group. We thought carefully about what people want in their daily lives, from abundant natural light to thoughtful touches like under-cabinet lighting, mirrors and quartz surfaces. This community reflects those choices, offering residents larger layouts, premium amenities and a unique design perspective that makes Diamond Flats stand out in the Carrollton market.
Located at 1402 Carrollton Parkway, the site offers access to the Sam Rayburn Tollway and President George Bush Turnpike, connecting residents to key business and retail districts, including Legacy West, The Star in Frisco and Grandscape. Its central location is a short driving distance from major employers such as JP Morgan, Toyota, Ericsson and Frito Lay, while downtown Dallas is less than 25 minutes away.
Residents of Diamond Flats will enjoy a premium amenities package anchored by a state-of-the-art fitness center, outfitted with a Pilates reformer, free weights, squat racks, spin bikes and HIIT training equipment. Residents will also have access to a resort-style pool with outdoor game areas and TVs, three landscaped courtyards, grilling stations and a coworking hub with a podcast space. Pet-friendly features include a dog park, spa and washing station.
Apartment interiors combine elevated finishes with functionality. Each home includes stainless steel appliances, in-unit washer and dryer, keyless entry, luxury vinyl plank flooring and ceiling fans. Two distinct finish packages are available, giving residents a choice of quartz countertops, cabinetry and kitchen backsplashes. Select homes feature private balconies.
The Dallas-Fort Worth metro area remains a priority market for The NRP Group. The firm has developed over 7,000 units across more than 30 properties in the region, and recently broke ground on the following new housing developments in the area: Jackson Road, a luxury 370-Unit multifamily community; Cora, a 340-unit mixed-income housing community in Anna, Texas; Sutton Flats, a 300-unit market-rate multifamily community in Howe, Texas; The Whitley, an upscale 330-unit multifamily community in Princeton, Texas.

INDIANAPOLIS, IN – BAM Capital, a multifamily syndication company based in Indianapolis, IN, announced the acquisition of Hayden Flats, a 2023-build, institutional-quality apartment community in Bloomington, Indiana. This key acquisition serves as the foundational asset in the BAM Multifamily Growth Fund V, expanding the firm’s multifamily investment opportunities in a high-growth market.
“I am confident that the acquisition of Hayden Flats exemplifies The BAM Companies’ commitment to disciplined growth and operational excellence,” said Ivan Barratt, CEO and Founder of BAM Capital. “This property strengthens our portfolio, and by leveraging our in-house management, we are well-positioned to deliver attractive risk-adjusted returns and long-term value to our investors.”
Strategically located, Hayden Flats is positioned to attract residents from the area’s robust tech, education, medical, and defense sectors. The community boasts a premier amenity package, including a saltwater pool with an indoor/outdoor lounge, a state-of-the-art fitness center, and an all-purpose sports and pickleball court. Units feature designer kitchens with quartz countertops and spa-inspired bathrooms. Residents also gain direct access to the B-Line Trail, providing a direct connection to downtown Bloomington.
The property’s close proximity to Westgate on Third, a ground-up BAM Capital development, will create valuable operational efficiencies and economies of scale. The Hayden Flats acquisition strengthens BAM Capital’s footprint in a key Midwestern market.

LAS VEGAS, NV – Waterton, a national real estate investor and operator, has partnered with The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV. The partnership announced the financial close for the development of a 368-unit luxury rental community with construction scheduled to begin imminently. The project represents the first partnership between Waterton and The NRP Group as Waterton enhances its traditional value-add strategy with its first large-scale development project.
“We’re excited to be partnering with such an experienced development firm to bring this project to life and further our development strategy,” said Kristi Nootens, senior vice president, development at Waterton. “This project offers an excellent opportunity to create a luxury rental community in a sunbelt market with relatively limited supply compared to similar markets. The location is proximate to a variety of employment opportunities in a growing submarket where the costs of homeownership far exceed the costs of renting.”
The South Valley rental community will consist of two four-story, elevator-serviced multifamily buildings offering studio, one-, two, and three-bedroom floorplans with select one-bedrooms also featuring a den. Residences will include quartz countertops, subway tile backsplashes and stainless-steel appliances in the kitchens, with luxury vinyl plank flooring throughout. The resort-style amenity package will include an outdoor pool, two courtyards, and outdoor seating areas with firepits and grilling stations. A well-appointed club lounge, co-working space and conference room round out the amenity offerings planned at the community.
“Partnering with Waterton has enabled us to bring high-quality housing to one of the nation’s fastest-growing regions,” said The NRP Group Vice President of Development Mike Moriarty. “As our first collaboration together, this project reflects our shared vision for creating a vibrant, thoughtfully designed community that meets the needs of today’s South Enterprise residents. With a prime location near major employment hubs, retail and entertainment, it offers residents a lifestyle that combines convenience and luxury living.”
Situated just 15 minutes south of the Las Vegas strip, the location will offer residents convenient access to diverse employment options including the new 1.2 million-square-foot Haas Automation headquarters and manufacturing center, Levi Strauss & Co.’s regional office and distribution center, and the NFL’s Las Vegas Raiders headquarters and practice facility. The recent opening of the 150-bed West Henderson Hospital brought an estimated 750 jobs to the area and plans for future expansion are expected to further contribute to economic growth and development in the area. Brightline West, a high-speed rail linking Las Vegas to Southern California with an estimated two-hour travel time, is expected to be complete in 2028 and will be a 10-minute drive from the property.
Waterton and The NRP Group are providing equity commitments while CIBC is providing a senior loan. The NRP Group will serve as general contractor and provide property management services. Delivery of the first residences is estimated for mid-year 2027 with completion targeted for early 2028.

HOUSTON, TX – Venterra Realty announced the completion and official grand opening of Camber Ridge at Cross Creek Ranch, a newly developed 312-unit luxury multifamily community strategically located at 5900 Texas Heritage Parkway in Fulshear, Texas. Designed for residents seeking comfort, convenience, and modern amenities, Camber Ridge delivers a new standard of apartment living in the rapidly growing Fulshear area.
Camber Ridge responds to the rising demand for high quality housing fueled by Fulshear’s rapid growth, top-ranked schools, and access to major employers. Approximately 30 miles west of downtown Houston, Fulshear sits in Fort Bend County, known for its scenic beauty along the Brazos River and a lifestyle that balances small-town warmth with metropolitan access. Fulshear is served by highly rated schools in the Katy Independent School District and the Lamar Consolidated School District and offers access to nearby dining, shopping, and entertainment within the Cross Creek Ranch master-planned community.
“Camber Ridge represents the kind of thoughtful, forward-looking development that defines Venterra’s approach to growth,” said John Foresi, CEO of Venterra Realty. “We’re focused on creating communities that reflect where residents want to live today and where markets are headed tomorrow. Fulshear’s incredible momentum, paired with the quality of life offered at Cross Creek Ranch, makes this a particularly exciting addition to our portfolio.”
The community features upscale one- and two-bedroom apartment homes with quartz countertops, stainless steel appliances, luxury vinyl flooring, large kitchen islands, garden tubs, stand-up showers, and full-size washer/dryers. Residents benefit from resort-style amenities including a resort-style pool and outdoor lounge, coworking spaces, a fitness center with yoga room, 2 dog parks, pet spa, and SMARTPACKAGE lockers. The community is pet-friendly and supported by Venterra’s signature SMARTHUB technology platform and 48-hour maintenance guarantee.
A defining feature of the community is its exclusive Quiet Building. Beyond our usual attention to sound insulating construction, this building is intentionally designed to further minimize noise and promote well-being, through enhanced sound-dampening construction and mindful design. The 48 quiet apartments offer a restorative environment ideal for residents who value focus, calm and comfort.
“Camber Ridge at Cross Creek Ranch was built with intention—combining quality craftsmanship, meaningful amenities, and an atmosphere that feels like home from day one,” said Andrew Stewart, Chairman of Venterra Realty. “This community expands our Houston presence while reinforcing our mission to create high-quality, exceptional living environments in locations where residents can truly thrive.”

CONROE, TX – Halstatt Real Estate Partners, a real estate private equity firm, announced the acquisition of The Fountains of Conroe, a 270-unit multifamily community located in Conroe, Texas. Halstatt acquired the property in partnership with Expedition Capital Advisors ( ExCap ), a Dallas-based multifamily investment firm.
Conroe s proximity to Houston s thriving energy sector and the Port of Houston, coupled with its location adjacent to the highly desirable Woodlands master-planned community, makes this a particularly compelling opportunity, said Steven Iannaccone, managing principal at Halstatt Real Estate Partners. We are pleased to partner with ExCap to reposition this 2008-vintage property, which benefits from significant barriers to entry for new development. Though the community is in solid condition and a prime location, we see room to upgrade the interiors and amenities to enhance its competitiveness and capture additional rent growth.
Following the acquisition, the partnership will launch a comprehensive value-add strategy aimed at elevating the property to the top of its competitive set while maintaining rental levels below new Class A properties. Planned improvements include selective renovation of the property s units from their original condition, reconfiguring and modernizing the clubhouse, and completing exterior enhancements such as repainting, roof replacements, and general site upgrades.
Halstatt Real Estate Partners identifies value-add and opportunistic real estate projects throughout Florida, Texas and the Southeast, partnering with experienced sponsors to implement strategic business and capital improvement plans. In this investment, Halstatt will collaborate with ExCap, a firm with deep local expertise and operational presence, having owned and asset-managed nearly 7,000 apartment units across Arizona, North Carolina, and Texas, including more than 1,400 units within the Houston metropolitan area.

BIRMINGHAM, AL – A strategic partnership between Pumphouse Residential Group, WeldenField Development, and SPM announced the successful acquisition of a premium student housing portfolio comprising two strategically located properties serving the University of Georgia (UGA) and Louisiana State University (LSU) markets. The portfolio includes The Lodge of Athens (240 units, 480 beds) and Wildwood Baton Rouge (204 units, 708 beds), totaling 444 units and 1,188 beds.
The integrated partnership combines acquisition and investment expertise from Pumphouse Residential Group and WeldenField with SPM’s specialized student housing operational management. SPM will provide comprehensive property management services and oversee planned renovation enhancements through SPM Building Services. Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), arranged the sale of the portfolio.
The acquisition demonstrates the importance of operational expertise in today’s competitive student housing market. The Pumphouse-WeldenField-SPM partnership was selected based on the team’s proven ability to execute complex transactions and deliver superior results in the student housing sector.
“This partnership represents the ideal combination of acquisition expertise, investment capabilities, and specialized operational management that today’s student housing investments require,” said Anthony Alsup, Pumphouse Residential Group managing partner. “We focus on acquiring well-located assets at universities where operational excellence can drive significant value creation. The ability to pair our acquisition and investment capabilities with SPM’s proven student housing management expertise was critical to executing this transaction successfully.”
The Lodge of Athens, built in 2003 and located just 0.8 miles from the UGA campus, features recently upgraded amenities including a fully gated community, brand new modernized clubhouse, an upgraded pool area and fitness center, a private shuttle to campus, and enhanced study areas with a new computer lab. The property also offers pet-friendly accommodations with a dedicated dog park, sand volleyball and basketball courts, and new grilling and hammock garden areas. Currently operating at 95% occupancy, the property demonstrates strong demand in the Athens market.
Wildwood Baton Rouge, constructed in 2016 and positioned 1.4 miles from the LSU campus, offers resort-style amenities including a pool area with cabanas, an outdoor fitness center, a “Gameday” room, a cyber café, and 24/7 study areas. The property features fully furnished apartments with 58″ smart TVs, private patios and balconies, full kitchens with bar areas, and townhome and flat-style apartment options. Additional amenities include fire pit and grilling pavilions, half-court basketball and volleyball courts, and comprehensive pet-friendly facilities. The property maintains an exceptional 98% occupancy rate, reflecting the strength of the Baton Rouge student housing market.
While SPM has built its reputation managing over 200 multifamily communities across 13 states, the company has assembled a specialized student housing team with deep sector expertise. SPM’s leadership team collectively brings over 65 years of student housing experience and has overseen well over $6 billion in student housing operations across 100+ markets in 35 states through previous roles at major student housing operators.
“Student housing demands specialized expertise beyond conventional multifamily management,” said Mitchell Smith, SPM executive vice president. “Our team’s collective experience managing billions in student housing assets across major operators paired with our technology-forward approach positioned us as the optimal choice to maximize the value of these premium properties.”
With these acquisitions, SPM will manage five student housing properties, building on its success at HELiX Starkville (now Philo Starkville Student Apartments) and leveraging its team’s extensive background to drive operational improvements and resident satisfaction.

BURLESON, TX – Sagora Senior Living announced the addition of Wilshire Senior Living in Burleson, Texas, to its impressive and growing portfolio of senior living communities across the nation. With this addition, Sagora Senior Living now owns and operates 95 communities in 10 states, continuing its mission of providing exceptional care and a resident-first experience.
Wilshire Senior Living offers a full continuum of care, including Cottages, Independent Living, Assisted Living, and Memory Care, designed to support every stage of senior living. Residents enjoy the freedom to live safely and comfortably in their own private studios, apartments, or single-level cottages—all within a beautiful, welcoming environment.
In addition to comfortable accommodations, residents benefit from a variety of personal services such as housekeeping, chef-prepared meals, maintenance, and laundry services, ensuring a stress-free lifestyle. The community also offers exceptional amenities, including a fully stocked fishing pond, whirlpool tub, full-service beauty salon and barber, and spacious outdoor patios and courtyards perfect for socializing or relaxing.
At Sagora Senior Living, we live by a resident-first philosophy, and we are thrilled to bring our compassionate care, engaging lifestyle programs, and dedicated team to the residents of Wilshire Senior Living. Our goal is to create a community where every resident feels at home, valued, and supported.
For residents in Memory Care, Sagora offers its signature Pathways Memory Care Program, a specialized approach tailored to each resident’s needs and designed to provide comfort, dignity, and engagement every day. Meanwhile, all residents can enjoy Sagora’s renowned Dining with G.R.A.C.E. programming, an acronym for Great food, Respect, Atmosphere, Chef-prepared, and Every meal—offering a restaurant-style dining experience that nourishes both body and soul.

DENVER, CO – The NHP Foundation (NHPF), a national not-for-profit leader in providing affordable, sustainable housing, announced the acquisition of land for its third Colorado deal in 2025, marking another significant step in addressing the region’s housing needs. The 0.9-acre parcel, located at 3701 16th Avenue in Denver’s Sloan’s Lake neighborhood, will be developed by managing partner Zocalo Community Development into 158 new energy-efficient apartments known as Liora at Sloan’s Lake. Rents at Liora will be limited to residents earning 30%, 50% and 60% of Area Median Income.
“Liora, and the entire redevelopment of the broader site at Sloan’s Lake, supports our mission to create housing affordability at all levels, both for-sale and for-rent,” said David Zucker, CEO, Zocalo Community Development. “Our partnership with NHPF reinforces Zocalo’s commitment to real estate development that balances investment returns, community, and environmental impact.”
Financing partners for the $60 million development include the Colorado Housing and Finance Authority (CHFA), which provided a tax-exempt bonds and 4% Low Income Housing Tax Credits, the State of Colorado and CHFA which offered $3.85 million Proposition 123 land loan, as well as an $18.5 million loan from Bellwether Enterprise, $24.5 million in LIHTC equity from a PNC Bank-managed fund comprised of a one-third party investor, $9.5 million in subordinate debt from the Colorado Division of Housing and several million dollars in deeply-subordinated loans from Zocalo.
“This project meets all three of the CHFA Proposition 123 Land Banking Program priorities: providing transit-accessible, high-density housing within two miles of downtown Denver; serving households at a mix of income levels; and ensuring environmentally sustainable development,” said Neal Drobenare, SVP of NHPF. “We are proud to expand our footprint in Colorado with another community designed for long-term affordability.”
Earlier this year, NHPF broke ground on 54 units of workforce housing, Galena St. in Frisco, CO. NHPF also acquired 101 W. Main in Frisco, where the organization will construct 52 units of workforce housing, with ground-floor space reserved for service providers or local businesses. The site includes a creek easement, improving public access to outdoor spaces.
Tim Pryor, NHPF Vice President of Acquisitions, added “Building 158 energy efficient apartments at Liora is a great way to preserve affordability in an economically flourishing area of Denver. We look at this opportunity as a blueprint for other expansion NHPF is undertaking in areas of need.”
The land was purchased from the long-time land owner in partnership with Zocalo. The development will be built to meet Enterprise Green Communities Plus standards, featuring an all-electric HVAC system and other environmentally conscious design elements.
“A strong, thriving economy includes workforce housing so Colorado workers can live in communities they love and close to their jobs. Projects like Liora at Sloan’s Lake are essential to creating transit-accessible, sustainable communities that meet the diverse housing needs of Colorado residents, and the State of Colorado is proud to support this development through the Proposition 123 Land Banking program,” said Eve Lieberman, Executive Director of the Colorado Office of Economic Development and International Trade.
“Liora Apartments is a testament to what can be achieved when dedicated partners come together to overcome challenges, and BWE is proud to support this vital effort to meet the urgent need for affordable housing in our community,” said Anthea Martin, Senior Vice President, Bellwether Enterprise.
“At PNC, we are committed to addressing the affordable housing shortage across the country by supporting developments that create lasting impact,” said John Nunnery, senior vice president and manager of Originations for PNC Multifamily Capital. “We look forward to seeing the Liora at Sloan’s Lake development positively contribute to the Denver and broader Colorado communities.”
“Liora at Sloan’s Lake is a model of what we can achieve when public and private partners come together with a shared commitment to making housing more affordable for Colorado residents. Through $9.5 million in support from the Department of Local Affairs, this collaboration brings over 150 energy-efficient homes to one of Denver’s most vibrant neighborhoods—close to jobs, schools, and transit. By investing in projects like this, we’re not only expanding housing opportunities but strengthening the foundation of our communities across the state.” Maria De Cambra, Executive Director, Colorado Department of Local Affairs.

RENO, NV – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced it has sponsored the purchase of Village of the Pines, a garden-style apartment community in Reno, Nevada. Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the community, which is located just east of key thoroughfare Interstate 580.
“We’ve long admired the Reno market, and we’re excited to sponsor the acquisition of Village of the Pines,” said David Nelson, president and chief investment officer at Hamilton Zanze. “This investment presents a fantastic opportunity for HZ investors to participate in Reno’s post-COVID growth. We were able to assume a highly accretive, fixed-rate agency loan that ensures strong cash flow throughout the hold period. This opportunity was sourced off-market through HZ’s strong relationships in the region. We look forward to pursuing additional investment opportunities in the rapidly growing Reno market.”
Located at 700 E Peckham Lane, Village of the Pines features 272 one-, two- and three-bedroom homes with various layouts available. The community, built in 1974, offers prime freeway access and is within a quick commute of Meadowood Mall, Reno-Sparks Convention Center, Atlantis Casino Resort Spa and a wide variety of additional retail and dining options.
Common-area amenities at the pet-friendly community include an outdoor swimming pool, barbecue/picnic areas, covered parking, laundry facility, playground and an onsite gym. Homes include air conditioning, wood-style flooring, high-speed internet and private patios or balconies.
The transaction represents Hamilton Zanze’s sixth sponsored acquisition of 2025. This includes two June acquisitions in the Reno area, Lakeview and Sand Pebble/Spanish Oaks.

ATLANTA, GA – 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 Levi, a 212-unit Class A multifamily community located in the Atlanta suburb of Stockbridge. Resident move-ins began in August, with construction completion expected in February 2026.
“Celebrating the official ribbon cutting for The Levi is an exciting milestone for our team,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “The Levi offers beautifully designed homes, high-end finishes and a vibrant community setting. We are thrilled to bring this new living option to the Atlanta area.”
Located at 1400 Jr. Grant Blvd., The Levi spans nearly 15 acres and provides 212 one-, two- and three-bedroom apartment homes averaging 1,100 square feet. Each residence includes the premium finishes Thompson Thrift communities are known for, including stainless-steel appliances, hardwood-style flooring, a walk-in shower, various smart home capabilities, full-sized washers and dryers and detached garages. Certain upgraded homes will also elevate the living experience and feature premium cabinetry with soft-close doors and a full-height backsplash, a deluxe closet system with shelving and attached garages.
The signature living experience continues throughout the gated community with a 24-hour fitness center, resort-style swimming pool, firepits, a pickleball court, a dog park, pet spa with grooming station, and billiards and shuffleboard. Residents will also enjoy socializing and relaxing in the outdoor seating areas, cooking on the outdoor grills, or working remotely in the focus suites.
The Levi sits within the 158-acre master-planned Bridges at Jodeco community, placing residents steps away from popular retail options like Costco Wholesale and Starbucks. Additional shopping and dining including Target, The Home Depot, PetSmart, and the nation’s first two-story drive-thru Chick-fil-A, are just a short drive away.
At the ribbon cutting, visitors were able to tour the model and explore the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to local non-profit A Friend’s House to aid their efforts in providing shelter, care and permanency planning for youth in crisis, working to heal and support children who have experienced abuse, abandonment or neglect.