AURORA, CO – Wood Partners, a national leader in multifamily real estate development, announced the groundbreaking of a new project in Aurora, Colorado under the working name Alta Addison. With construction currently underway, the community is set to start pre-leasing at the end of 2023 and open in early 2024.
Located adjacent to E-470 at 7399 South Addison Court, future residents will enjoy quick access to major employment hubs including the Denver Tech Center, Buckley Airforce Base and Fitzsimons Medical Campus as well as a direct shot to Denver International Airport. There are several public outdoor and indoor amenities for residents to enjoy including the Aurora and Cherry Creek Reservoirs, the Arapahoe County Fairgrounds, Bally’s Arapahoe Park Horse Track, several golf courses, as well as the upscale Park Meadows and Southlands Mall.
“We’re thrilled to officially break ground on our first project in the City of Aurora,” said Walter Armer, Managing Director at Wood Partners. “It was an incredibly collaborative process with the neighbors and City to ensure this not only fit but enhanced the area. We look forward to providing a high-quality, yet attainable housing option that will enable residents to take full advantage of all that Aurora and the surrounding communities have to offer.”
The lead architect for the project, Hord Coplan Macht, designed the exterior of the community with inspiration from the Rocky Mountains. Once complete, the community will offer 186 apartment homes comprised of one-, two- and three-bedroom floor plans thoughtfully designed with families and work from home in-mind. Each home will feature ample space for residents to use as office or flex and be fully outfitted with high-end finishes including stainless steel appliances, quartz countertops, tile backsplashes, 42″ cabinets, full-sized washer and dryers and wood style flooring.
Alta Addison residents will also enjoy a variety of amenities located within the community itself. These include a resort-style pool and spa, outdoor grilling stations and game area, bike and ski repair shop, clubhouse with a fitness center, micro-offices and a pet spa. Due to the adjacent wetlands, there will also be three acres of on-site open space featuring walking trails and seating. Wood Partners plans to take full advantage of this space by providing natural education programs like beekeeping and bird watching. The whole project will also be landscaped with native, water-wise plantings.
Residents, along with neighboring communities, will enjoy direct access to Red-Tailed Hawk Park and the Denver Metro trail system, which contains hundreds of miles of walking and biking trails and other outdoor amenities. All this thanks to a new trail connection off Addison Court being installed by Wood Partners.
“The most exciting part of this,” Armer said, “is that we are taking an abandoned piece of land and not only enhancing the neighborhood by providing new trail access but also adding much needed housing in such a desirable location. Really a win-win.”

LAS VEGAS, NV – MG Properties, a private San Diego-based real estate investor, owner, and operator, is further expanding their presence in the Las Vegas metro with the acquisition of Tribeca North Apartment Homes. This is the first acquisition of 2023 for MG Properties after acquiring 18 properties in 2022 totaling nearly $2 billion.
This 312-unit community offers luxury low-density apartments with an attractive design, resort-style amenities, and functional floorplans with available garages. Tribeca North offers an ideal location providing access to employment centers including over 57 million square feet of industrial buildings in North Las Vegas, the recently approved 2.3 million square feet Helios mixed-use medical campus, and minutes to the Las Vegas Strip.
“We are pleased to be further growing our long-term presence in the Las Vegas metro,” said Jeff Gleiberman, President of MG Properties. “This community is situated in a highly desirable submarket which has experienced exponential population and job growth throughout the past decade.”
In addition to this new acquisition, MG Properties operates over 2,000 units in the greater Las Vegas area and is well-positioned to leverage management efficiencies and benefit from economies of scale.
The seller, The Bascom Group, was represented by Spencer Ballif, Adam Schmitt, and Jannie Mongkolsakulkit of CBRE. The property was financed by a Fannie Mae loan provided by Bryan Frazier and Blake Hockenbury of Walker & Dunlop.

LOS ANGELES, CA – Ethos Real Estate, an affordable and mixed-income multifamily investment firm, announced the company has closed on the $76 million purchase of the Residences at Woodlake, a 276-unit multifamily property in the Crenshaw District of Los Angeles.
Under the deal, Ethos will be converting the formerly market rate property into deed restricted affordable housing through a unique public private partnership that leverages a California statutory property tax exemption. Under the deed restriction, half of the units will be restricted to families earning up to 80% of the Average Median Income (AMI) for Los Angeles, and 10 percent will be restricted to families earning up to 60% of AMI, for 55 years.
We are excited to be scaling the potential for public private partnership around the production of affordable housing, said Jennifer McElyea, Ethos Real Estate Managing Partner. California has a critical shortage of public funds to address the housing crisis and innovative models will absolutely need to be part of the solution.
The property was the second purchase for Ethos joint venture with GCM Grosvenor, investing on behalf of its clients. GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $73 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.
We are proud to be partnering with Ethos in ways that creatively address the shortage of affordable housing in communities across California, said Peter Braffman, Managing Director at GCM Grosvenor.

NASHVILLE, TN – Cantor Fitzgerald announced the sale of Rivertop Apartments in Nashville, Tennessee. The sale was facilitated on behalf of investors in Rivertop Apartments, resulting in a total return of 137% of their aggregate original investment and an internal rate of return of 12% over the approximately three-year hold period.
Completed in 2019, Rivertop Apartments is a 224-unit, Class-A apartment community featuring elegant interior finishes and an expansive amenity set, including a resort-style pool, 24-hour fitness center, and a pet spa. The property is approximately eight miles west of downtown Nashville, along the I-40 corridor, providing accessibility to major employment centers, universities, retail centers, and lifestyle amenities.
“Rivertop Apartments is uniquely located on an elevated site with scenic views of the Cumberland River within the vibrant Nashville market,” said Aaron Wessner, Managing Director, Head of Capital Markets, Cantor Fitzgerald Asset Management. “Over the past three years, we successfully executed the business plan to optimize operations for this high-quality property and are pleased to have delivered an attractive return for investors.”
As of December 31, 2022, Cantor Fitzgerald’s real estate investment portfolio comprises over 7,900 stabilized multifamily units plus over 2,500 units under development, and over 8.1 million square feet of office, industrial, life science, and retail space across 147 properties. For the 12-month period ending September 30, 2022, Cantor Fitzgerald participated in more than $155 billion of total real estate transactions.

BALTIMORE, MD – Greystar, a global leader in the investment, development, and management of high-quality rental housing properties, is now leasing at The Lucie, a pet-friendly 500-unit apartment community in Brewers Hill that features a sky lounge with views of downtown and the harbor and high-end finishes including quartz countertops and tile backsplashes.
“We are thrilled with the delivery of the Lucie,” John Clarkson, Managing Director of Development, said. “Its innovative design, carefully selected amenities, and access to high quality retail will provide our residents an unrivaled living experience in the heart of Brewers Hill.”
Greystar, together with their joint venture partner, Griffin Capital Company, LLC, a leading private real estate investment manager, brought The Lucie to fruition.
The Lucie is one of nine communities being developed by Griffin Capital Qualified Opportunity Zone Fund L.P., which will comprise 3,273 apartment units with an estimated total project cost of approximately $979 million.
“The Lucie provides much needed multifamily units to the fast-growing Brewers Hill neighborhood, and we are thrilled that our long-term investment in this neighborhood will continue to create jobs, provide economic stimulus, and a great experience for our residents for many years to come. The property was built on vacant and underutilized land, and we are proud to have converted the site into much needed housing. Greystar has been an integral partner in our mission, and we are excited to begin leasing on another property with their team,” commented Eric Kaplan, President of Griffin Capital.
Floorplans are available in studio, one-, and two-bedroom layouts, with additional loft and den options. Apartment homes feature electric cooktops, nickel-finish appliances, kitchen islands, flat cabinetry, mobile unit entry, smart thermostat, walk-in closets with built-in storage, stackable washers and dryers, and picturesque balconies with views of Brewers Hill and the water.
Community amenities include a cozy library, clubroom, game room, chef’s kitchen, fitness center, coworking spaces, conference room, semi-private call booths, active, zen and pool courtyards and a posh pet grooming studio.
The Lucie was designed by BKV Group architects, Edit Labs created the interiors and John Moriarty Associates served as the general contractor. Streetsense led the community’s branding efforts.
Brewers Hill features a history of beer brewing with the illuminated Mr. Boh sign that hangs above the old Natty Boh brewery serving as a local landmark. The Lucie is close to shopping which includes Sprouts Farmers Market, Harris Teeter, Target and Nordstrom Rack. Jimmy’s Famous Seafood tops the area dining options that also include Mission BBQ, Di Pasquale’s Marketplace, Pasta Misa Canton and Iron Rooster, amongst others. Additional neighborhood highlights include Bark Social Baltimore, Canton Waterfront, Mobtown Brewery, Patterson Park and more. The community is a short drive to Fells Point, the Inner Harbor, which features a variety of entertainment options, and Oriole Park at Camden Yards and M&T Bank Stadium.

WASHINGTON, DC – Wood Partners, a national leader in multi-family real estate development, announced the grand opening of Alta 801, its newest luxury residential community in Washington, D.C. The community is now welcoming residents.
Located at 801 New Jersey Avenue NW, Alta 801 puts residents within walking distance to all five of Washington, D.C.’s Metro lines at various transit hubs including Gallery Place-Chinatown, Metro Center, Mount Vernon Square, Judiciary Square and Union Station. Residents will also have access to a wide variety of world class retail, entertainment and nightlife attractions, including the Shaw/14th Street CityCenter DC, a mixed-used development offering high-end retail and restaurant options, and the Shaw/14th Street neighborhoods that are known for their restaurants, bars and nightlife.
“We are thrilled to announce the grand opening of Alta 801,” said Scott Zimmerly, Executive Managing Director at Wood Partners. “With the location providing easy access to all of the jobs, entertainment and local attractions that this region is known for, Alta 801 will provide residents with the live, work and play community that young professionals are looking for.”
Alta 801 features 327 apartment homes comprised of studio, one- and two-bedroom floor plans, including premium penthouse units. The apartment homes come with high-end amenities, featuring stainless steel appliances, stone countertops with designer tile backsplash, upscale cabinets, full-size washer-dryers and hardware flooring throughout. Additionally, select homes offer kitchen islands, walk-in showers and private balconies.
Community residents also have access to a variety of high-end amenities, including a rooftop lounge with an indoor-outdoor bar and a wine tasting parlor featuring a beautiful view of the US Capitol and Downtown Washington D.C. Residents will also be able to enjoy two outdoor courtyards with multiple grilling areas and a pool deck with a world-class infinity-edge pool and semi-private cabanas. Additionally, the community will include a co-working area with multiple conference rooms, a fitness center including a yoga studio, pet spa, bike storage and repair center, package storage with cold storage for perishables, a guest suite, electric car charging spaces and concierge services.
Alta 801 is near numerous local attractions, including the eastern edge of the Mount Vernon Triangle neighborhood which is known for its unique mix of historic and modern buildings, diverse cultures, restaurants and experiences. Also close by is Capitol Crossing, an approximately one million-square-foot mixed-use development that features a variety of retail and commercial uses.
Must-see national landmarks within walking distance of the community include the US Capitol, Smithsonian Museums, several National Monuments, and the National Mall.

PHILADELPHIA, PA – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announces its second project in the Philadelphia, Pennsylvania market. The Mark Philadelphia will be located at 3615 Chestnut Street adjacent to the campus of the University of Pennsylvania and Drexel University. The project will welcome its first residents in fall of 2026.
The project will feature 363 units ranging from Studio to Six Bedrooms in size. Unit features will be top-of-the line including quartz countertops, stainless-steel appliances, and hardwood-style floors. Every residence is fully furnished and includes technology-related amenities in the common area as well as high-speed internet and cable.
The Mark will stand at 34 stories topped by its signature rooftop amenity area featuring a pool and hot tub and lounge area with sweeping views of Center City Philadelphia. Additionally, residents can access 24-hour study lounges, computer lab, sauna and 24-hour fitness center. For residents with vehicles, reserved parking will be offered for an additional fee.
The development will also feature 55,938 square-feet of historic office space located adjacent to the high-rise portion of the development. Landmark Construction will serve as general contractor for the duration of the project.
With over $10 billion assets under management, Landmark’s portfolio includes almost 100 residential communities across the country with approximately 60,000 beds. Landmark currently has 21 student, BTR, and multifamily projects under construction with an estimated value at $3.8 billion, and a significant and growing development pipeline.

GREELEY, CO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Premier at West Park, a 336-unit Class A multifamily community 50 miles from Denver in Greeley. Thompson Thrift plans to begin construction this month and welcome resident in late 2024.
“The multifamily market in Greeley has experienced strong demand and shown significant rent increases due largely to its population and job market growth,” said Josh Purvis, managing partner for Thompson Thrift Residential. “We believe the area is well-positioned to continue its significant growth, and we are excited to bring one of our communities to area residents.”
Located at 4118 Centerplace Drive, Premier at West Park will span approximately 21 acres and consist of 10, three-story garden style buildings, plus an additional 133 detached garages. The one-, two- and three-bedroom apartment homes will average approximately 1,000 square feet and include many of the luxury finishes that Thompson Thrift communities are known for including, gourmet bar-kitchens with elegant quartz countertops, timeless tile backsplash, stainless steel appliances, designer fixtures and finishes, Alexa-compatible smart hub to integrate all smart devices, smart thermostat and smart door locks, walk-in closets, full-size washers and dryers, as well as patio, balcony, and private yard options.
The luxurious lifestyle expands beyond the apartment home itself and continues throughout the community with additional amenities including a professionally decorated clubhouse, resort-style heated swimming pool, 24-hour fitness center, Amazon Package Hub, thoughtfully designed courtyards, grilling stations, outdoor game area, gas firepits with seating area, a dog park, pet spa with grooming station, pickleball court, to name a few.
The site is just three miles from downtown Greeley and offers residents convenient access to U.S. Highway 34 with an easy commute to several of the area’s major employers, like JBS Swift, Banner Health and the University of Northern Colorado, as well as a 30-minute drive to Fort Collins and 60 minutes to Denver. Directly adjacent to the property sits Centerplace of Greeley, a major retail and dining destination which consists of national and local retailers such as Target, Safeway, Best Buy and T.J. Maxx.
Greeley has been ranked as one of the country’s Top Boomtowns by SmartAsset, and is home to more than 342,000 residents. Between 2010 and 2020, the city’s population grew by 30%, making it the fastest growing metro area in Colorado and the fourth fastest growing metro area in the United States, according to U.S. Census data. Greeley’s employment and economy are both expected to grow at rates above the national average., and there continues to be strong demand for luxury multifamily options.

SCOTTSDALE, AZ – Multifamily Leadership announced the launch of the Multifamily Innovation® Awards, a national industry awards program recognizing excellence in technology and innovation in the Multifamily apartment industry. The awards will be presented at the annual Multifamily Innovation® Summit, which also recognizes the Best Places to Work Multifamily® companies.
Multifamily Leadership is entering their ninth year as producers of executive level Multifamily events for the apartment industry and, through their national research of multifamily companies, has realized the significant changes occurring in the industry with ever-evolving roles based on technology and innovation and the impact it has on the Multifamily business.
The Multifamily Innovation® Awards is not just an award ceremony, it’s a celebration of the game-changers in the multifamily industry. These awards will recognize the most innovative minds in Multifamily who are pushing the boundaries and redefining what is possible. This is not just an event, this is a movement that will drive progress and shape the future of Multifamily, said Patrick Antrim, Founder and CEO of Multifamily Leadership and Chairman of the Multifamily Innovation® Advisory Council. “We look forward to honoring the leaders and trailblazers in this space and showcasing their achievements at our annual Multifamily Innovation® Summit.”
The first Multifamily Innovation® Award was presented at the 2022 Multifamily Innovation® Summit to Kerry W. Kirby in the category of Multifamily Innovation® Bootstrapper Award. A technologist at heart, Kirby is an acclaimed speaker, award-winning podcaster, and the founder of 365 Connect, a leading PropTech firm exclusively serving the multifamily housing industry since 2003. He holds 97 technology awards, has been named to the Silicon Bayou 100 list of most influential entrepreneurs, and presented in over 150 webcasts reaching over one-million global listeners. Kirby serves as an advisory board member of Rainbow, a national nonprofit organization in the affordable housing industry and is Chair of Technology Initiatives for the Multifamily Innovation Advisory Council. Kirby, and his wife Melinda, are fixtures in the philanthropic community, where they support several initiatives focused on educational, healthcare, and equality programs through their charitable foundation.
Kerry W. Kirby stated, “What an honor to receive this highly prestigious inaugural award from an organization that truly focuses on innovation in our industry. With over 43 million Americans calling a rental apartment their home, we have remained focused on reimagining workflows that will better serve renters and eliminate redundant tasks, while not being distracted by outside funding. I am proud to be an integral part of our industry and humbled to be recognized by my industry peers.”
Award categories for the Multifamily Innovation® Awards include:
Advertising & Marketing
Chief Financial Officer Award
Chief Innovation Officer Award
Chief Technology Officer Award
Community Impact Award
Maintenance Operations Award
Development Award
Human Resources
Executive of the Year
Lifetime Achievement Award
Multifamily Innovation® Renovation and Rehabilitation Award
Property Design Award
Strategy and Implementation
Sustainability Award
Tech Innovator of the Year
Technical Professional of the Year
Technical Support Strategy and Implementation
Bootstrapper Award
Emerging Technology Award
Venture-Backed Award
Nominations for the Multifamily Innovation® Awards are now open. Winners will be announced at the annual in person Multifamily Innovation® Summit, to be held on December 5-6, in Phoenix, Arizona.
For more information about the Multifamily Innovation® Awards and to submit a nomination, visit multifamilyinnovation.com
Multifamily Leadership is a premier industry executive level event producer with notable, thought-provoking speakers, informal peer-to-peer discussions, and unparalleled educational content. Their events and content focus on Multifamily Innovation, Technology, Leadership and Investments. They have a Multifamily podcast network with an event center and studios in Scottsdale, Arizona. Their Multifamily Innovation® Advisory council is dedicated to driving innovation in the industry and uses a proprietary framework to identify pain points and explore solutions. Members have access to weekly meetings, a private community, and an annual in-person summit, as well as the opportunity to share insights and learn about best practices from a diverse group of successful multifamily owners and operators. Multifamily Innovation® council membership is open to those who own or manage multifamily apartments with 1,500+ units under management. It s not just about technology. It s about the processes, leadership, and innovation required to make the business better.

DENVER, CO – Leading national multifamily real estate developer Wood Partners announced the groundbreaking of its newest residential community, Alta Mile High, in Denver, Colorado. With construction on the project currently underway, the community is set to open in early 2025 with pre-leasing at the end of 2024.
Just south of Mile High Stadium at 1450 Morrison Road, the community is situated in an ideal live-work-play destination. It’s adjacency to Downtown, access to I-25 and convenient five-minute walk to Light Rail makes for an easy commute. Additionally, residents will enjoy surrounding entertainment being next door to Mile High Stadium and Meow Wolf, as well as the abundant green space on the South Platte River Trail and Sloan’s Lake.
“We are thrilled to be breaking ground on Alta Mile High, our marquee project in the City of Denver,” said Walter Armer, Managing Director at Wood Partners. “This community will provide residents with some really spectacular amenities, proximity to jobs and exciting entertainment options. It really checks all the boxes. Wood Partners couldn’t be more excited to add more quality housing to this thriving city.”
Once complete, the community will offer 216 apartment homes comprised of one-, two- and three-bedroom floor plans. The project, designed by local architectural firm Studio PBA, features an artsy, comfortable vibe. Each home will be fully outfitted with a variety of high-end finishes including stainless steel appliances, quartz countertops, tile backsplashes, 42″ cabinets, custom wood style flooring in kitchen and living rooms plus full-sized washer and dryers. For added convenience, all homes will have either a built-in desk or space dedicated to a home office.
Throughout Alta Mile High, residents will be able to enjoy a wide range of community amenities including a resort style swimming pool and spa, three separate amenity courtyards, an on-site pet spa and a rooftop deck with breathtaking City and Mountain views. The property will also feature a state-of-the-art fitness facility and a private office lounge with micro-offices and a conference room.
While the project sits along historic Old Colfax, over the next 10+ years the area will see significant new growth in office, residential, hospitality and commercial development thanks to the Broncos Stadium District Plan. This makes it the perfect location for all demographics to enjoy everything the Mile High City has to offer.