Multifamily

Landmark Properties Buys 556-Bed Student Housing Property in Lubbock, Texas

by Taylor Williams March 3, 2026

LUBBOCK, TEXAS — Landmark Properties, a Georgia-based student housing owner-operator, has purchased The Bloc, a 10-building, 556-bed property serving students at Texas Tech University in Lubbock. Developed in 2017, The Bloc offers 140 units and amenities such as a pool, rooftop lounge, grilling areas, a fitness center, computer and study lounge and other social gathering areas. CBRE arranged the sale of the property on behalf of the undisclosed seller. TSB Capital Advisors arranged acquisition financing for the deal on behalf of Landmark, which acquired the property in conjunction with Park East, a 732-bed student housing development located about a block away.

March 3, 2026

Development South Carolina Southeast Student Housing

LV Collective, Harrison Street to Break Ground on 749-Bed Student Housing Development Near Clemson University

by John Nelson March 3, 2026

CLEMSON, S.C. — A joint venture between LV Collective and Harrison Street Asset Management is set to break ground on Rambler Clemson, a 749-bed student housing development located near the Clemson University campus in South Carolina. QuadReal provided construction financing for the project, which is scheduled for completion in 2028. Located on College Avenue, the mid-rise community will offer 227 units in studio, one-, two-, three-, four-, five- and six-bedroom configurations. The 567,000-square-foot development will also feature shared amenities including a ground floor coffee shop; coworking spaces with private study rooms; a multi-sport simulator; rooftop pool deck; clubroom and social lounge; fitness center with a yoga and flex studio and a wellness lounge with a sauna and cold plunge; and ground floor retail space. The development team for the project includes Niles Bolton, Juneau Construction Co. and Variant Collaborative.

March 3, 2026

Acquisitions Seniors Housing Southeast Tennessee

Clarion Partners Fund Acquires 126-Unit Seniors Housing Facility in Franklin, Tennessee

by John Nelson March 3, 2026

FRANKLIN, TENN. — New York-based Clarion Partners, via the Clarion Partners Real Estate Income Fund Inc., has purchased Vitality Living Franklin, a 126-unit seniors housing facility located at 1035 Fulton Greer Lane in Franklin, about 20 miles south of Nashville. The property was built in 2014, renovated in 2023 and features independent living, assisted living and memory care residences. Locally based Vitality Living operates the community, which is situated three miles from Williamson Medical Center. Clarion Partners is a relative newcomer to the senior living sector, having acquired its first seniors housing property last year in Mechanicsville, Va. Last month, the company hired two new executives from Ventas Inc., Tim Olivos and Natalie Wynn, to join Clarion’s growing healthcare platform.

March 3, 2026

Development Loans Multifamily Texas

Walker & Dunlop Arranges $44.6M Construction Loan for Multifamily Project in Grand Prairie, Texas

by Taylor Williams March 3, 2026

GRAND PRAIRIE, TEXAS — Walker & Dunlop has arranged a $44.6 million construction loan for The Henley, a 255-unit multifamily project that will be located roughly midway between Dallas and Fort Worth in Grand Prairie. The Henley will offer 153 one-bedroom units and 102 two-bedroom units in addition to Class A amenities. Walker Layne, Stephen West, Matthew Wallach, Austin Sneed and Tyler Evenson of Walker & Dunlop arranged the floating-rate loan through Goldman Sachs Alternatives on behalf of the locally based developer, StoneHawk Capital Partners.

March 3, 2026

Acquisitions Florida Loans Multifamily Southeast

KeyBank Provides $22M Agency Loan for Easton Apartments in Brandon, Florida

by John Nelson March 3, 2026

BRANDON, FLA. — KeyBank Real Estate Capital has provided a $22 million Fannie Mae loan for the acquisition of The Easton, a 184-unit apartment community located at 804 Fairmaiden Lane in Brandon, about 12 miles east of Tampa. Eric Blumenthal and Cullen O’Grady of KeyBank originated the three-year loan on behalf of the borrower, a private company doing business as Easton Brandon LLC. The seller and sales price were also not disclosed. Built in 1973 and renovated in 2021, The Easton features 23 two-story residential buildings, as well as a barbecue with a picnic area, fitness center, swimming pool and tennis courts.

March 3, 2026

Acquisitions Multifamily Texas

Berkadia Brokers Sale of 168-Unit Elm Creek Apartments in Kingwood, Texas

by Taylor Williams March 3, 2026

KINGWOOD, TEXAS — Berkadia has brokered the sale of Elm Creek, a 168-unit apartment complex in Kingwood, a northern suburb of Houston. Built in 1982, the garden-style property offers one- and two-bedroom units and amenities such as a pool, fitness center and outdoor grilling and dining stations. Chris Curry, Jeffrey Skipworth, Chris Young, Joey Rippel, Kyle Whitney and Jed Dalton of Berkadia represented the seller, multi-national investment firm HGA, in the transaction. The buyer, Houston-based Sentinel Capital, plans to make capital improvements to Elm Creek.

March 3, 2026

Acquisitions Multifamily New York Northeast

JLL Arranges $190M Sale of Multifamily Property in Farmingville, New York

by Taylor Williams March 3, 2026

FARMINGVILLE, N.Y. — JLL has arranged the $190 million sale of The Arboretum, a 292-unit, newly constructed multifamily property in Farmingville, located on Long Island. The site spans 62 acres, and the development features a mix of single-family homes and garden-style apartments. Residences come in two- and three-bedroom floor plans and have an average size of 1,682 square feet, with 30 units reserved for workforce housing. The amenity package comprises a fitness center with a yoga room, pool and cabana area, clubhouse with an entertainment kitchen, courts for tennis, pickleball and bocce ball, a putting green, playground, dog run and a business center with conference rooms. Jose Cruz, Steve Simonelli, Rob Hinckley and Austin Pierce of JLL represented the seller, BRP Cos., in the transaction. The buyer was an affiliate of The Inland Real Estate Group of Cos.

March 3, 2026

Acquisitions Affordable Housing Development Massachusetts Multifamily Northeast

HVPG Buys Two Affordable Housing Properties in Boston, Plans Renovation

by Taylor Williams March 3, 2026

BOSTON — Hudson Valley Property Group (HVPG), a New York-based affordable housing owner-operator, has purchased Boston Bay and Hope Bay, two adjacent properties totaling 133 units in the Dorchester area of Boston. The properties comprise 20 buildings that were constructed between 1890 and 1920. HVPG plans to invest about $6.4 million ($48,000 per unit) in renovations to both properties, including upgrades to kitchen and bathroom fixtures and appliances, as well as common area enhancements and upgraded security and lighting features. Capital improvements will ensure long-term affordability of both assets.

March 3, 2026

Colorado Development Multifamily Seniors Housing Western

United Properties Breaks Ground on 154-Unit Active Adult Community in Denver

by Amy Works March 3, 2026

DENVER — United Properties has broken ground on Amira Lowry, a 55-plus active adult community in Denver’s Lowry neighborhood. The four-story property will feature 154 rental residences ranging from alcove studios to two-bedroom-plus-den layouts, all including in-unit laundry, private balconies and storage space. Community amenities will include fitness and wellness spaces, create activity rooms, indoor lounges, exterior gardens, walking paths and outdoor courtyards. The development will also feature a secure, attached parking garage, a bike lounge and outdoor gear storage. Weis Builders is constructing the project. Keegan Mulry House is curating the interior design and furnishings. Amira Lowry is Phase I of a two-phase plan for the site. Future plans include the addition of adjacent villa-style homes that are subject to required approvals.

March 3, 2026

Acquisitions California Multifamily Western

St. Regis Properties Sells Idora Apartments in Oakland, California for $12.6M

by Amy Works March 3, 2026

OAKLAND, CALIF. — San Francisco-based St. Regis Properties has completed the sale of Idora Apartments, a Class A multifamily property in Oakland’s Tamescal neighborhood. The Oakland Fund for Public Innovation acquired the asset for $12.6 million, or $380,000 per unit. Located at 5239 Claremont Ave., the five-story property features 33 one- and two-bedroom units, averaging 863 square feet, and 2,369 square feet of ground-floor retail space. Apartments offer washers/dryers, central heat and air conditioning, stainless steel appliances, quartz countertops, European cabinetry, wood-style flooring, carpeting, large closets and private balconies. Community amenities include a rooftop terrace and barbecue, resident lounge, secure garage parking, bike storage and electric vehicle charging stations. The buyer purchased the property through its Rooted program, which leads efforts to provide equitable housing solutions for educators. Financing was provided through the San Francisco Housing Accelerator Fund. ArtHaus Partners, a Bay Area-based vertically integrated multifamily developer and operator, worked as a consultant to the buyer during the acquisition. Jason Parr, John Hansen and Scott MacDonald of Berkadia represented the seller in the transaction.

March 3, 2026

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