Latest from the Multifamily Newsroom

Altus Equity Group secures a 279-unit portfolio in Lubbock, TX, stressing strategic growth in multifamily assets. Near key retail and job hubs, the high-occupancy properties advocate for stability and agile investing, highlighting Altus’ strong performance and expansion in an adapting market.

Quarterra introduces Emblem Ravine in Oak Cliff, Dallas—a development addressing the housing shortage for middle-income renters. The 372-unit community boasts high-end finishes, essential amenities, and strategic location for urban accessibility and lifestyle.

Pre-leasing begins for Miraluna, a 342-unit luxury apartment community by The NRP Group and Rockefeller Group in Las Vegas. Set for move-ins March 2026, it offers modern amenities, contemporary designs, and a prime location near key attractions, signaling growth in Enterprise’s high-end rental market.

Knightvest Capital acquires Heritage Estates, now The Palmer, in strategic Orlando expansion. With this marking its 15th Fund II investment, the firm’s regional unit count rises to 1,535. The 230-unit community near key employment centers will undergo extensive renovations to elevate living experiences.

Machine Investment Group acquires Rise 120, a property with 227 units and retail space in Georgetown, Austin’s fast-growing submarket. Secured at 30% below the developer’s cost amid a market dip, MIG’s investment echoes confidence in the area’s long-term potential.

Virga Capital invests in Austin’s thriving market with the acquisition of The Beacon at Pfluger Farm, a new 258-unit Class A community. CEO Robert Lateiner sees this as a pivotal move during a critical investment window, amidst a rapidly growing submarket.

Republic Development Group and Esen announce a joint venture for a mixed-use project in Charlotte’s Plaza Midwood. The development, starting mid-2026, promises 370 multifamily units, retail space, and a commitment to the historic suburb’s growth and walkability.

Hamilton Zanze has sold Villages at Parktown, a 309-unit property in Deer Park, Texas. The firm enhanced value through upgrades since 2014, capitalizing on the area’s limited supply and demand for larger units. The property’s convenient location and modern amenities made it a thriving community.

Bascom Arizona Venture acquires The Retreat at Speedway in Tucson for $53.4M, marking its first buy since Feb 2020. The 304-unit property will undergo a value-add upgrade to enhance living experience against the scenic Catalina Mountains backdrop.