FORT WORTH, TX – National multifamily developer Wood Partners announces its latest community, Alta River Park, located in Fort Worth, Texas. The multifamily community is set to break ground this month and deliver to the community in the summer of 2027.
“Fort Worth continues to experience strong demand for high-quality, well-located housing,” said Ryan Miller, managing director for DFW at Wood Partners. “Alta River Park reflects our ongoing commitment to delivering thoughtfully designed communities that enhance both lifestyles and connectivity for our residents.”
Alta River Park will encompass 365 units, including a mix of studio, one-, two- and three-bedroom layouts. Located just west of the Chisholm Trail Toll Road, the community will offer residents convenient access to major employment centers such as downtown Fort Worth, the Near Southside Medical District and Texas Christian University. It is also near Clearfork, a premier mixed-use destination known for its fine dining and upscale retailers, including Gucci, Neiman Marcus and Tiffany & Co. The property is also directly across from the Waterside Shopping Center, another mixed-use development that further enhances the neighborhood’s appeal.
In addition to community offerings, Alta River Park will feature a resort-style pool, pet facilities, a pickleball court, outdoor activity space, bike storage, a sky deck and direct trail access to the Trinity Clearfork trail system, an interconnected network of hike and bike trails spanning over 100 miles.

NEW HAVEN, CT – The NHP Foundation (NHPF), a national mission-aligned developer of quality affordable housing, celebrated the opening of Curtis Cofield II Estates, a $30 million new construction project bringing 56 energy-efficient rental homes to New Haven’s West River neighborhood.
Built on vacant city-owned land, Curtis Cofield II Estates marks NHPF’s first development in New Haven and is the result of a dynamic partnership with West River Self-Help Investment Plan (West River SHIP). The project aligns with the city’s Neighborhood Revitalization Strategy by combining housing, amenities, and services to foster community well-being.
“This development reflects what’s possible when public and private partners unite around a shared vision for housing equity,” said Eric Price, President & CEO of NHPF. “Curtis Cofield II Estates represents a new model for affordability, sustainability, and community investment and we look forward to doing more work in New Haven.”
Named in honor of local housing advocate and distinguished religious leader, Curtis Cofield II, the 56 new homes serve a broad mix of residents—44 units are affordable to households earning up to 60% of the area median income (AMI), including 12 supportive housing units; 12 are also reserved for “Missing Middle” (affordable to middle income) residents at 100% AMI. The property includes 11 townhouse-style buildings, 62 surface parking spaces, EV chargers, and future retail space for a minority- or woman-owned café/bakery. A 2,700 sq. ft. community center, playground, and gazebo complete the site.
“Where homes once stood, homes now stand again, and a community that was previously torn apart by highway construction is once again reconnected. West River SHIP, working in collaboration with the city and many other partners, has created something extraordinary: a community where working class residents can find affordable bousing, formerly homeless residents can find stability, and neighbors with disabilities can enjoy full accessibility – a place where everyone can flourish together in a truly inclusive environment,” said Mayor Justin Elicker.
The all-electric community meets Zero Energy Ready Home and Passive House standards, with anticipated energy savings of 50–90%. Solar paneling and CT Energy Rebates further strengthen environmental performance.
“This is what our state investment is meant to do—produce high-quality, sustainable housing like the Curtis Cofield II Estates,” said Seila Mosquera-Bruno, Commissioner of the Connecticut Department of Housing. “Under the current administration, we have been dedicated to this mission, and the 7,000 units now under construction reflect a real commitment to affordability and opportunity.”
Operation Pathways, NHPF’s resident services subsidiary, will coordinate on-site programming for all residents. Columbus House will provide supportive services for 12 formerly homeless individuals and families.
“Curtis Cofield II Estates is a direct result of years of community vision and unwavering commitment,” said Micah Hunter, NHPF’s lead developer on the deal. “From financing to design to services, we and our partners at West River SHIP aimed for a model that’s beautiful, equitable, inclusive, and built to last.”
Lisa Maass, Connecticut President at Citizens, added, “Our investment and support for transformative projects like Curtis Cofield is a powerful reflection of Citizens’ commitment to driving economic opportunity, sustainability, and stronger communities.”
“This community honors the legacy of Dr. Cofield as well as being in close proximity to some of the City’s foremost health and wellness centers, the Peace Garden and places of innovation and technology,” said Karen DuBois-Walton, President & CEO of The Community Foundation for Greater New Haven, “And our hope for this property and its residents is that they experience well-being, peace, and a great quality of life.”

SARASOTA, FL – 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 Concord, a 257-unit Class A multifamily community in Sarasota. Resident move-ins began in March, and construction is expected to be fully complete by the end of June.
“Seeing The Concord come to life has been incredibly rewarding,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “It’s not just about beautiful finishes or great amenities; it’s about creating a place where people feel truly at home. Our team is proud to be part of Sarasota’s growth, and we look forward to welcoming even more residents in the months ahead.”
Located off Interstate 75 and Fruitville Road, the upscale community offers one-, two- and three-bedroom apartment homes in four-story buildings with elevator access. The apartment homes feature elegant quartz countertops, hardwood-style flooring, stainless steel appliances, patio and balcony options, private yard options, detached garages and a full-size washer and dryer. Each home also includes Alexa-compatible smart home packages as well as high-speed, instant-on internet access.
Luxury living continues throughout the community, including a fully equipped fitness center with 24-hour access, resort-style swimming pool, outdoor entertainment and community grilling areas, dog run and pet spa, 24-hour social hub and work-from-home focus suites.
The Concord also features a skydeck overlooking the Celery Fields to the south, and includes an open-air area with firepit, shade structure and soft seating. The indoor amenity space has a chef’s kitchen available for residents to host parties and happy hours.
The community is on the southern outskirts of Lakewood Ranch, the nation’s second-fastest-growing master-planned community. Residents can enjoy being adjacent to a Publix Super Market, along with convenient access to downtown Sarasota and a variety of high-end retail and dining options.
At the ribbon cutting, visitors were able to tour the model, 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 Big Cat Habitat to aid their efforts in educating guests on the importance of species preservation and provide sanctuary to exotic and domestic animals in need.

BELMONT, CA – Nonprofit Linc Housing announced the start of construction of The Corners at Belmont, a new 37-home affordable and supportive development for families and individuals earning 30-80% of the area median income, including people who have experienced homelessness. The Corners at Belmont marks Linc Housing’s 100th community in California since its founding in 1984.
“The Corners at Belmont is a meaningful milestone for Linc – it’s our 100th community and part of more than 10,000 homes we’ve created across California,” said Rebecca Clark, CEO, Linc Housing. “Each development is a step toward our vision of a state where everyone has a safe, stable, and affordable place to live. We’re grateful to partner with the City of Belmont and County of San Mateo to bring new opportunities and lasting housing solutions to the heart of this community.”
Linc Housing will transform two, formerly vacant, city-owned lots in downtown Belmont into much-needed affordable housing for San Mateo County. When complete, The Corners at Belmont will provide 18 one-bedroom, 9 two-bedroom, and 10 three-bedroom apartment homes for low-income households. The 18 one-bedroom apartments will be for individuals who were formerly unhoused, each supported by a Section 8 project-based voucher from the San Mateo County Housing Authority. Onsite amenities will include a community room, outdoor courtyard, community garden, bicycle storage, and convenient access to public transportation, shopping, and services.
“The County is proud to have partnered with Linc Housing and the City of Belmont on The Corners to bring beautiful and dignified homes to dozens of families and individuals,” said San Mateo County Supervisor Noelia Corzo. “It isn’t easy to build housing, let alone affordable housing, in this economic climate. But this is the time when we need it the most.”
Linc was selected as the lead developer following a competitive RFP process and worked closely with the city’s planning and public works teams on the design of the community. The community, consisting of two five-story buildings, integrates sustainable and efficient design elements throughout, such as photovoltaics, dual-paned windows, energy-efficient appliances, lighting, and HVAC systems, and design features that take advantage of natural light and passive cooling. Water usage is maximized inside and out through low-flow fixtures, drought-tolerant landscaping, hardscape designed to aid water infiltration, and special features such as bioswales.
“These new homes will give working families and people who have experienced homelessness the housing stability they need to thrive,” said City of Belmont Mayor Julia Mates. “We donated this city-owned land for a purpose that reflects our shared values and partnered with Linc Housing to build something that truly serves our community – a place where everyone has the chance to live with dignity. This new apartment community reflects our city’s commitment to housing solutions that lift people up and create opportunity.”
Funding for the development comes from a variety of sources, including multiple funding sources within the County of San Mateo (Measure K, ARPA, HOME and CDBG), loans from the City of Belmont and Housing Trust of Silicon Valley, a construction loan from Bank of America, a permanent loan from California Community Reinvestment Corporation, and tax credit equity from the California Tax Credit Allocation Committee and investor Bank of America.
The buildings, due to be completed in late summer or early fall 2026, were designed by Torit Gallas & Partners, and the general contractor is Precision General Commercial Contractors. The 18 homes for people transitioning out of homelessness will be referred by Health Plan of San Mateo, while the remaining units will be leased via a lottery process.

DURHAM, NC – National multifamily developer Wood Partners announced the official groundbreaking of Alta Bethpage in Durham, North Carolina. The 336-unit multifamily community is part of the company’s attainable housing initiative offering upscale living at cost-effective rates. Alta Bethpage broke ground this week and Wood Partners is slated to deliver the community in the first quarter of 2027.
Alta Bethpage is ideally positioned between Research Triangle Park and Brier Creek, two of the region’s largest employment and retail hubs. Additionally, with immediate access to I-40 and I-540, Alta Bethpage provides unparalleled connection to the greater Triangle region.
“Alta Bethpage places residents at the center of convenience and opportunity in one of the fastest-growing cities in North Carolina,” said Caitlin Shelby, Managing Director with Wood Partners. “We’re looking forward to contributing to the region’s growth by providing high-quality, attainable housing options that further address the housing needs of the area.”
The 336-unit multifamily community features a mix of one-, two- and three-bedroom layouts and will include a state-of-the-art pool, a clubhouse, two dog parks, a pet spa, a disc golf course, open space and walking trails. Wood Partners’ attainable communities are built with upscale finishes such as granite countertops and stainless steel appliances and top-of-the-line amenities. The developer saves on costs by selecting well-located suburban sites, executing an efficient and consistent design, and embracing minimal, yet well-done, landscaping. These savings allow for a lower price point for the renter.

NEW HAVEN, CT – CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, and Beacon Communities, one of the nation s leading affordable housing development and management companies, have announced the acquisition and planned rehabilitation of Brewery Square Apartments in New Haven, Connecticut. This is the second community for CPP in the Fair Haven neighborhood, following the recent completion of nearby Fairbank Apartments.
Located at 1 Brewery Square along the Quinnipiac River, Brewery Square is a two-building, 104-unit apartment community originally constructed in 1896 as a brewery and later converted to housing in the early 1980s. With this acquisition, the team will extend affordability protections and implement significant renovations while preserving the historic character of the property.
This acquisition allows us to increase and deepen affordability while also extending the life of a property that is deeply cherished by the community, said John Fraser, Vice President of Development at CPP. We are proud to protect the historic fabric of this neighborhood while delivering modern upgrades that respond directly to resident needs.
The total development investment of approximately $43 million includes extensive renovations estimated at $112,342 per unit. Planned upgrades include all-new stainless-steel appliances, updated bathrooms, quartz countertops, new windows, refinished floors, and the installation of advanced security systems. The site will also feature enhanced landscaping, cobblestone walkways, and the adaptive reuse of the historic gatehouse into a secure indoor bike storage area — an amenity specifically requested by residents. Additionally, the renovations are expected to improve the property s energy performance by more than 15%, enhancing efficiency and reducing utility costs.
“Brewery Square serves as a model for high-quality, architecturally interesting, mixed-income housing, said Sarah Miller, Fair Haven Alder. We look forward to CPP and Beacon building upon and extending this legacy, preserving both affordability and quality for another generation.”
The renovation will transition 84 of the 104 units into the Low-Income Housing Tax Credit (LIHTC) program, with affordability levels ranging from 30% to 80% of Area Median Income (AMI), averaging just below 60%. The property s existing HAP contract, currently set to expire in 2034, will be extended by an additional 20 years, ensuring long-term affordability.
Brewery Square is made up of two continuous buildings and features a unit mix of two efficiency units, 41 one-bedroom units, 55 two-bedroom units, and six three-bedroom units. The property offers ample parking with 151 total spaces split between a 107-space front lot and a 44-space rear lot. Occupancy has consistently exceeded 95%, and residents have played a key role in shaping planned improvements, particularly those that preserve the community s historic charm and enhance daily living.
The adaptive reuse of Brewery Square Apartments will modernize and expand affordable housing options In New Haven, while breathing new life into a piece of the City s history, said Dara Kovel, CEO, Beacon Communities. We re honored to bring our exceptional property management to a new community of New Haven residents. Thank you to our partners at Community Preservation Partners, who share our commitment to creating quality housing that will remain affordable for generations to come.
Brewery Square marks the fifth property for Beacon Communities in New Haven. The company currently manages Ninth Square Apartments, Edith Johnson Towers and Monterey Place, and started construction last year on The Atwater at Ninth Square, which is expected to be completed in 2026.
The project leverages LIHTC 4% tax credits and tax-exempt bonds. Financing partners include NewPoint as the construction and permanent lender, KeyBank as the tax credit and EBL investor, Eversource as the state historic tax credit investor, and JPMorgan Chase as the federal historic tax credit investor. Heritage Consulting has been retained to ensure all work complies with National Park Service historic guidelines.

CHARLOTTE, NC – WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, Winterwood Development, LLC, a family-owned business committed to developing high-quality housing, and Lumina Partners, LLC, a developer and investor in affordable housing throughout the Southeast, have begun construction on Sycamore Station II, a 168-unit affordable housing community in Charlotte s Oak Forest neighborhood.
Located at 6010 Calle Lumina Way, Sycamore Station II comprises seven three-story buildings and a community center. The buildings house 168 residences, including 48 one-bedroom garden units, 36 two-bedroom garden units and 84 three-bedroom garden units.
Designed to serve residents earning no more than 60% of the Area Median Income (AMI) for Mecklenburg County—approximately $67,320 annually for a family of four—the property will offer rents significantly below those of comparable market-rate units. Estimated monthly rents are $1,100 for a one-bedroom, $1,400 for a two-bedroom, and $1,600 for a three-bedroom apartment.
Sycamore Station II will be the second phase of the larger Sycamore Station project, which opened in December 2022. Sycamore Station Apartments, the preceding phase, also offers 168 one-, two- and three-bedroom units, and currently maintains a six-month waiting period for an available unit.
As one of the fastest growing cities in the country, there is an incredible need to ensure that there is ample affordable housing in Charlotte, said Anil Advani, Executive Vice President of Originations and Finance at WNC. We are proud to partner on this development, which will provide high-quality, affordable homes and help meet the critical demand for housing in this vibrant and expanding community.
Each residence will feature a full range of modern amenities designed to support comfortable living, including a refrigerator, range oven, and central air conditioning. Additional features such as durable vinyl flooring, window blinds, and ceiling fans enhance both style and functionality. Units will also offer washer and dryer hookups, as well as private patios or balconies with attached storage closets, providing residents with a practical and welcoming living environment.
Community amenities will be centered around a thoughtfully designed clubhouse, which will feature an on-site management office, laundry facilities, an activity room, and a computer center to support resident needs. Outdoor spaces will include a playground, and a BBQ/picnic area conveniently located just east of the clubhouse. In addition, residents will enjoy access to the fitness center at Sycamore Station Apartments, located immediately to the west, further enhancing the range of amenities available to the community.
Sycamore Station II will be financed through a combination of funding sources, including $20.8 million in Low-Income Housing Tax Credit equity from WNC & Associates, Inc., a $39 million construction loan from Citibank, and a $24 million long-term permanent loan, also provided by Citibank.
The project will break ground immediately and construction is expected to be completed in Spring 2027.

FRISCO, TX – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, in partnership with Pondmoon Capital, announced the opening of Mirra, a five-story, 285-unit luxury apartment community located in the heart of Frisco Square near Dallas, Texas. Mirra offers a refined living experience with thoughtfully designed residences and an array of upscale amenities. Construction began in January 2023 and the community recently commenced the move-in of its first residents.
We are thrilled to welcome our first residents at Mirra in the vibrant community of Frisco, said John McCullough, President of Toll Brothers Apartment Living. Mirra was designed to provide residents with a sophisticated, connected, and comfortable community, reflecting our commitment to developing residences that deliver the quality and elevated lifestyle that today s renters expect.
Mirra features a mix of studio, one-bedroom, and two-bedroom apartment homes, each crafted with high-end finishes and modern conveniences. Residents enjoy granite countertops with tile backsplashes, stainless steel appliances, designer lighting, oversized closets with built-in shelving, and smart home technology, including keyless entry and smart thermostats. Select residences offer kitchen islands, double bathroom vanities, glass-enclosed showers, and private balconies or patios, providing an ideal space for relaxation and elevated comfort.
The community boasts an impressive suite of amenities designed to help residents balance life-on-the-go with relaxation. These include a resort-style pool with lounge seating and firepit, a two-story fitness center with a yoga and spin studio featuring Peloton® equipment, a clubroom with entertainment bar, a game lounge with billiards, and multiple coworking spaces with conference rooms. Additional amenities include a pet spa, bike storage, a social mailroom, and a covered parking garage with reserved parking and EV charging stations.
Mirra represents our dedication to creating communities that offer both luxury and a sense of belonging, said Tommy Rhodus, Managing Director of Toll Brothers Apartment Living in the Central region. The community s prime location in Frisco Square provides residents with unparalleled access to shopping, dining, entertainment, and major employment centers.
Located at 8320 Church Street, Mirra is situated in Frisco Square, offering easy access to dining, specialty stops, and a variety of local attractions, including Toyota Stadium, the National Soccer Hall of Fame, the Frisco Rail District, Kaleidoscope Park, Stonebriar Centre, and the Frisco Public Library. The community is also conveniently located near major thoroughfares, providing easy connectivity to the Dallas North Tollway, Legacy Business Park, The Star, and the new PGA of America headquarters.

SEATTLE, WA – Global real estate investment company Kennedy Wilson has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire The Danforth in Seattle for $173 million. The 265-unit multifamily community with Whole Foods as the sole ground-floor tenant builds on Kennedy Wilson s significant multifamily presence in the Pacific Northwest that totals more than 13,000 market rate and affordable apartment units.
Given our 30-year history in Japan, we are proud to continue the growth of our investment management platform alongside these two prestigious companies that are aligned with our investment strategy and our focus on delivering quality housing within growing Pacific Northwest markets, said William McMorrow, Chairman and CEO of Kennedy Wilson. The Danforth provides an opportunity to acquire a recently built community at a discount to replacement cost within an area experiencing limited new construction and strong absorption due to recent return-to-office initiatives from leading technology employers.
We appreciate the opportunity to participate in this joint investment. With continued population growth and the potential for attractive returns, we are strengthening our initiatives in the U.S. real estate market, said Hikaru Teramoto, Representative Director, President & COO at Kenedix, Inc.
We are pleased to have our first JV investment with Kennedy Wilson and Kenedix. We are currently increasing international investment with partners in areas where continued population and economic growth are expected. We believe this investment satisfies our criteria, said Sohei Okuno, General Manager, Global Investment Department at Hulic Co., Ltd.
The Danforth, a 16-story tower constructed in 2018, features 1- , 2-, and 3-bedroom layouts and access to Seattle s newest Whole Foods Market on the ground floor. The community offers expansive amenities including a Studio Fit fitness center, rooftop solarium and dog run, a resident lounge with shuffleboard and media center, a full demonstration kitchen, and a BBQ patio with multiple grills.
Located at the intersection of Seattle s First Hill and Capitol Hill neighborhoods, The Danforth is adjacent to the city s best restaurants, nightlife, and largest employers. It is also positioned within Seattle s largest hospital network, with a $1.3 billion expansion project set for completion by 2027 that will support a highly educated and well-compensated resident base.
Kennedy Wilson has a 10% interest, investing $6.6 million of equity in the core plus joint venture, and will serve as asset manager for the partnership and will earn customary fees.

SEATTLE, WA – Fourth Avenue Capital and Range Equity Management, in a joint venture with PCCP, have acquired 2121 Belmont, a stabilized Class-A multifamily property located in the Buckman neighborhood of Portland, Oregon. With this acquisition, Fourth Avenue Capital now owns 25 assets across its portfolio, including six other properties in the Portland MSA.
Originally built in 2008 as condominium units, 2121 Belmont is comprised of 123 oversized apartment units averaging approximately 981 square feet. The property offers high-end interior finishes including real hardwood floors, gas ranges, stainless steel appliances, and central heating and air conditioning. Despite its boutique scale, the property features concrete and steel Type I construction, delivering a distinct resident experience highlighted by a 1:1 parking ratio. Amenities include a fitness center, onsite leasing office, dog wash station, and bike storage.
“We targeted this asset because of its differentiated product type — Type I construction, large unit sizes, and dedicated parking for every residence,” said Davis Vaughn, Managing Partner at Fourth Avenue Capital. “We believe the opportunity to acquire this level of quality at approximately half of replacement cost, combined with its unique features, will yield a durable competitive advantage and create outsized value for our investors.”
Strategically located in Portland’s Buckman neighborhood, 2121 Belmont sits at the heart of the city’s rapidly developing Central Eastside. Its position on Belmont Street provides residents with excellent access to downtown and walkability to urban amenities including dining, nightlife, and public parks.
“We are excited about this acquisition given the unique attributes of the asset and cyclical recovery of the market. We look forward to executing our value-add business plan in conjunction with our partners at FAC and PCCP,” said Andrew Gindy, Managing Partner at Range Equity Management.