Multifamily

Walker & Dunlop Arranges $110M Refinancing of Two Apartment Communities in Stafford, Texas

by Taylor Williams October 15, 2026

STAFFORD, TEXAS — Walker & Dunloper has arranged a $110 million loan for the refinancing of 1879 at the Grid and Arc at the Grid, two apartment communities totaling 731 units in the southwestern Houston suburb of Stafford. Built in 2019 and 2020, respectively, within a 192-acre mixed-use development, 1879 at the Grid and Arc at the Grid both offer studio, one-, two- and three-bedroom units. Amenities include pools, fitness and wellness centers, resident lounges, coworking spaces, pet parks, courtyards, package lockers and outdoor grilling and dining stations. Dustin Stolly, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Michael Ianno and Edward Leboyer of Walker & Dunlop arranged the floating-rate, interest-only loan through TPG Real Estate Credit. The borrower is Lone Star Funds.

October 15, 2026

Development Multifamily Texas

HSR Breaks Ground on 435-Unit Mixed-Income Multifamily Project in North Dallas

by Taylor Williams October 15, 2026

DALLAS — High Street Residential (HSR) has broken ground on a 435-unit mixed-income multifamily project in North Dallas. The project will occupy 5.4 acres within the larger, 8.6-acre site at 5550 Lyndon B. Johnson Freeway, which formerly housed an office building. The new development will consist of two buildings that will rise five and seven stories and will house 217 market-rate units and 218 affordable housing units. Specifics on floor plans and income restrictions were not disclosed. Amenities will include a pool, clubroom, sports lounge, fitness center, grilling stations and a rooftop terrace. HSR is developing the project, which is expected to be complete in summer 2028, in partnership with Acram Group and Parse Capital. WDG Architecture is designing the project, and OHT Partners is the general contractor. Bank OZK is serving as senior lender.

October 15, 2026

Development South Carolina Southeast Student Housing

Subtext, FrontRange Capital Open 697-Bed Student Housing Community Near University of South Carolina

by John Nelson October 15, 2026

COLUMBIA, S.C. — Subtext, along with development partner FrontRange Capital, has opened VERVE Columbia, a 697-bed student housing community located at 450 Blossom St. in Columbia, which is roughly two blocks from the University of South Carolina (USC) campus. The 223-unit, four-story property spans more than 400,000 square feet and is situated directly across from USC’s baseball arena, Founders Park. Amenities include a 24/7 fitness center, outdoor fitness stations, a sauna, meditation rooms, basketball and pickleball courts, resort-inspired pool courtyard with hot tub and sun shelf, poolside Jumbotron, cabanas and hammock swings, fire pits, grilling stations, club room with TV and game lounges, a multi-sport simulator, group and private study spaces, study pods and booths, content creation studio, a coffee bar in the lobby with cold brew on tap, pet spa, dog park, EV charging stations and bike and scooter storage with charging and repair stations. The project team includes architect Dynamik Design, interior designer Mary Cook Associates, general contractor W.M. Jordan Co. and civil engineer Davis & Floyd. CIBC arranged construction financing via a syndication of lenders. VERVE Columbia is Subtext’s first student housing community to deliver in the Columbia market, with another project under construction at 931 Senate …

October 15, 2026

Trailside-Village-Forks-Township-Pennsylvania

Development Multifamily Northeast Pennsylvania

Larkin Associates Begins Leasing Phase II of 420-Unit Multifamily Development in Forks Township, Pennsylvania

by Taylor Williams October 15, 2026

FORKS TOWNSHIP, PA. — New Jersey-based owner-operator Larkin Associates has begun leasing Phase II of Trailside Village, a 420-unit multifamily development located in the Lehigh Valley community of Forks Township. Trailside Village is a 22-building apartment community with one- and two-bedroom units that also features 27,000 square feet of commercial space that can support retail, office and healthcare uses. Residential amenities include a fitness center, resident lounge, game room, tot lot, pet salon and walking and biking trails. Leasing of Phase II commenced in August, and 26 of those 75 units are now occupied. Information on starting rents was not disclosed.

October 15, 2026

Acquisitions Multifamily Northeast Pennsylvania Seniors Housing

Joint Venture Buys 78-Unit Seniors Housing Complex in Metro Philadelphia

by Taylor Williams October 15, 2026

PAOLI, PA. — A joint venture between Senior Living Transformation Co. and Sabal Investment Holdings has purchased Daylesford Crossing, a 78-unit seniors housing complex located in the western Philadelphia suburb of Paoli. Opened in 2015, Daylesford Crossing offers assisted living and memory care services and amenities such as a media room, wellness room, library and a salon, as well as an onsite healthcare facility. Dave Fasano, Ross Sanders, Cody Tremper and Mike Garbers of Berkadia represented the seller, Boston-based investment firm AEW Capital Management, in the transaction.

October 15, 2026

Acquisitions California Multifamily Student Housing Western

Joint Venture Acquires 1,035-Bed Student Housing Property Near San Jose State University for $204.7M

by Amy Works October 15, 2026

SAN JOSE, CALIF. — A joint venture between Coastal Ridge Real Estate and Brookfield has purchased The Grand San Jose, a purpose-built 19-story student housing asset near San Jose State University, from AMCAL, Swenson and Tikehau Capital for $204.7 million. Peter Katz of Institutional Property Advisors (IPA), a division of Marcus & Millichap, along with Tony Solomon as Marcus & Millichap’s California broker of record, represented both parties in the deal. Completed in 2020, The Grand offers 206 fully furnished one-, two-, three- and four-bedroom floor plans, totaling 1,035 beds, most with private bedrooms and private bathrooms, along with fully equipped kitchens with stainless steel appliances and in-unit washers/dryers. Community amenities include a resort-style pool and spa with cabanas, a 24-hour fitness center with spin and yoga studios, study lounges on every floor, a penthouse sky deck, an outdoor movie screen, sports courts and grilling stations. At the time of sale, the property was fully occupied for the second consecutive leasing season with renewal activity supported by Fresno, Calif.-based property manager BEKK Inc., according to IPA.

October 15, 2026

California Development Loans Mixed-Use Multifamily Retail Western

Lincoln Property Co., McCourt Partners Receive $132.7M Construction Loan for Culver City Multifamily Project

by Amy Works October 15, 2026

CULVER CITY, CALIF. — Lincoln Property Co. and McCourt Partners have received $132.7 million in construction financing from Bank OZK for ElevenOneEleven, a multifamily development in Culver City. Lou Friedel and Keith Rosso of Berkadia arranged financing on behalf of Lincoln and McCourt. Situated on 3.4 acres at 11111 Jefferson Blvd., ElevenOneEleven will feature a six-story development comprising 344 residences, including 52 affordable units, along with 2,000 square feet of retail space and 17,520 square feet of publicly accessible outdoor space. Additionally, ElevenOneEleven will include two full floors of residential amenities and 500 parking spaces. The project team includes KFA Architecture as architect and Kimley-Horn as civil engineer. Construction is slated to commence in the fourth quarter of 2026.

October 15, 2026

Development Kansas Midwest Multifamily

Hunt Midwest Breaks Ground on 227-Unit Luxury Apartment Complex in Overland Park, Kansas

by Kristin Harlow October 15, 2026

OVERLAND PARK, KAN. — Hunt Midwest has broken ground on Canvas, a 227-unit luxury apartment complex in Overland Park. The project will feature one- and two-bedroom residences along with more than 5,000 square feet of ground-floor retail and restaurant space. The infill development at 8036 Metcalf Ave. will redevelop a now-vacant lot. Canvas is expected to open in early 2029. Amenities will include a pool with grill stations and bar area, a covered dog park with washing stations, a fitness center with yoga studio and sauna, onsite coworking space, a community clubhouse with game room and a garden room. The community will include private parking for every resident plus another 49 public parking spaces. The project team includes BRR Architecture, Brinkmann Constructors, Security Bank, REACTOR Design, Tran + Thomas Design Studio, Polsinelli and Seigfreid Bingham.

October 15, 2026

Acquisitions Midwest Minnesota Multifamily

Eastham Capital, Bender Cos. Buy 198-Unit Multifamily Property in Metro Twin Cities

by Kristin Harlow October 15, 2026

COON RAPIDS, MINN. — Eastham Capital and Bender Cos. have acquired Woodland North Apartments, a 198-unit community in the Twin Cities suburb of Coon Rapids. South Florida-based Eastham acquired the property through its fund, Eastham Capital Fund VII LP, with its operating partner Bender. To date, Eastham and Bender have co-invested in 15 projects. Woodland North is currently 94 percent occupied with an average monthly rent of $1,424. The business plan calls for building upon recent capital improvements with additional upgrades across several apartment homes, including in-unit laundry and appliances, along with targeted enhancements to the exterior and amenities. Originally constructed in 1979, the property offers a mix of studio, one-, two- and three-bedroom floor plans averaging 1,029 square feet. More than 70 percent of the floor plans are two- and three-bedroom units. Amenities include a pool, underground heated parking, a car wash bay, community room, fitness center and tennis, basketball and racquetball courts.

October 15, 2026

Development Multifamily Texas

Teeple Partners Breaks Ground on 312-Unit Multifamily Project in Bryan, Texas

by Taylor Williams October 14, 2026

BRYAN, TEXAS — Austin-based developer Teeple Partners has broken ground onOaks Reserve Apartments, a 312-unit multifamily project that will be located in the Central Texas city of Bryan. Units will come in one-, two- and three-bedroom floor plans and will range in size from 668 to 1,520 square feet. Amenities will include a pool, fitness center, conference room, pickleball courts and multiple dog parks. Oaks Reserve, which represents the second of three phases of a larger development that will span more than 1,000 units across 53 acres, will feature multiple three- and four-story buildings. The first phase, the 315-unit Brazos Oaks, was completed this summer.

October 14, 2026

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