Landmark Properties Announces 834-Bed The Mark Knoxville Student Housing Community Serving The University of Tennessee

KNOXVILLE, TN – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announced its second project in a build-to-core joint venture with Manulife Investment Management. The Mark Knoxville, which wlll open doors in August 2025, will add 834 beds to the University of Tennessee housing market.
“The Mark Knoxville is the second project in our partnership with Manulife Investment Management, and it will be our fourth property near The University of Tennessee,” said Landmark President and CEO Wes Rogers. “We like the underlying fundamentals of the Knoxville market and look forward to delivering more purpose-built student housing beds to area students.”
Located a short walk from the northwest of campus, The Mark will offer unit types ranging from studios to five-bedroom options. The property will offer an on-property garage for resident vehicles and a shuttle bus to campus. The features and location of The Mark will make it an attractive option for students seeking luxury housing in the Knoxville market.
“We are excited to continue the growth of our partnership with Landmark with this development at the University of Tennessee, supported by local market fundamentals and Landmark’s experience operating in the area,” said Manulife Investment Management Managing Director Edward Dunn.
Apartment units at The Mark will include a gourmet-style kitchen with ample cabinet space, quartz countertops and stainless-steel appliances. Every residence is fully furnished, offering hardwood-style flooring and a private bathroom for every bedroom.
Additionally, residents will enjoy The Mark’s best-in-class amenities including a rooftop pool and Jumbotron. Residents will have access to many other amenity spaces including a 24-hour study lounge, a pickleball court, a stylish rooftop clubhouse, and a state-of-the-art fitness center. The thoughtful design of The Mark’s 25,000 square foot courtyard amenity spaces, featuring fire pits, grilling stations and hammock groves, add extra opportunities for recreation and relaxation for residents and guests across the property.
Construction on the project is slated to begin in June 2023 with Landmark Construction as general contractor.

MG Properties Completes Acquisition of 192-Unit Artesia Apartment Community in Silver Lake Neighborhood of Everett for $61.6 Million

EVERETT, WA – MG Properties, a privately held real estate investment company, has announced the acquisition of Artesia Apartments, a premier apartment community located in the Silver Lake neighborhood of Everett, Washington, for a purchase price of $61.6 million.
Artesia Apartments is a 192-unit apartment community located in the highly desirable city of Everett, which is a thriving business hub and offers easy access to Seattle and the surrounding areas. The community features spacious and modern one-, two-, and three-bedroom apartments situated directly on Silver Lake, providing residents with a variety of recreational activities and excellent access to the region’s largest employers.
“We are thrilled to add Artesia Apartments to our growing Seattle portfolio,” said Jeff Gleiberman, President of MG Properties. “This purchase aligns with our investment strategy of making long-term acquisitions in strong markets with solid growth potential.”
The seller, RISE Properties Trust, was represented by Philip Assouad, Giovanni Napoli, Ryan Harmon, Nicholas Ruggiero and Anthony Palladino from Institutional Property Advisors. Financing was provided by Freddie Mac and arranged by Brian Eisendrath, Cameron Chalfant, Jake Vitta, and Tyler Johnson of Institutional Property Advisors.

Clark Breaks Ground on Queensbridge Collective Development Featuring 409-Unit Multifamily Tower in Charlotte’s South End

CHARLOTTE, NC – Clark Construction Group joined representatives from Riverside Investment & Development, Woodfield Development, Goettsch Partners, and CBRE to ceremoniously break ground on Queensbridge Collective at 111 East Carson Boulevard, a transformative mixed-use development in Charlotte, North Carolina. Clark is serving as Construction Manager-at-Risk.
Located at a popular intersection in Charlotte’s South End Neighborhood, the development includes a 42-story multifamily tower with 409 units, a 35-story, 600,000-square-foot office building, nearly 30,000 square feet of retail, and 1,600 parking spaces.
Vertical construction on the residential tower will begin immediately following the completion of sitework, and the building is expected to complete in the summer of 2025. The next phase of the development will include vertical construction on the office tower.
Designed by Goettsch Partners, the project will incorporate world-class architecture and best-in-class amenities. Queensbridge Collective at 111 East Carson is the fourth collaboration between Clark Construction, Riverside Investment & Development, and Goettsch Partners in the last decade. Together, the team has successfully delivered the award-winning 110 North Wacker, 150 North Riverside, and 320 South Canal projects in Chicago.
“This project team has a proven track record of success,” said Chris Phares, vice president at Clark Construction Group. “We’re thrilled to work alongside the team again in a new market, where we hope to continue our growth together.”

Stoneweg Expands Portfolio with Acquisition of 244-Unit Green Globe Certified The Station at Savannah Quarters Apartment Community

POOLER, GA – Stoneweg US, a leading real estate investment and development firm, announces its recent acquisition of The Station at Savannah Quarters, a Green Globe Certified, 244-unit core plus multifamily asset located in Pooler, Georgia. This strategic purchase underscores Stoneweg US’ commitment to sustainable and socially responsible investments while meeting the growing demand for high-quality housing options.
The Station at Savannah Quarters, developed by Tynes Development in 2019, is situated on approximately 10.8 acres within the renowned Master Planned Use Development Savannah Quarters. The property is comprised of three residential buildings, a leasing center, a clubhouse, four carriage buildings, and 34 garage stalls. Featuring wood frame construction and brick veneer accents, the buildings offer a modern and appealing architectural design. Each main building is a four-story structure serviced by elevators, providing convenient access to all units. The property boasts 9′ ceilings throughout, creating an open and spacious living environment.
Strategically located along Pooler Parkway, adjacent to Interstate 16, The Station at Savannah Quarters enjoys excellent connectivity and high visibility, with approximately 37,000 average daily traffic passing through. This prime location allows for convenient access to downtown Savannah, the Savannah/Hilton Head International Airport, and the $5.5 B Hyundai Motor Group Metaplant. The Pooler submarket has experienced robust growth driven by strong demand for coastal living, remote work opportunities, and the economic drivers of tourism, manufacturing, and the Port of Savannah.
Highlighting the significance of this investment, Ryan Smyth, Director of Acquisitions at Stoneweg US, stated, “Our investment in The Station at Savannah Quarters aligns perfectly with our commitment to ESG optimization and creating long-term value for all stakeholders. The property’s prime location, coupled with the area’s economic growth and high rent growth rates, positions it as an attractive investment opportunity.”
Matt Levy, EVP, Head of Investments at Stoneweg US, added, “The Station at Savannah Quarters stands out in the market due to its exceptional quality and strategic location within a thriving community. As a sponsor, we are focused on assets that offer sustainable growth potential, and this investment reflects our dedication to delivering strong returns for our investors.”
With its unmatched walkability and proximity to major retail centers, including the area’s first Costco Wholesale, The Station at Savannah Quarters provides residents with convenient access to various amenities and demand drivers. In addition, the property is surrounded by single-family homes, reflecting the desirability and upscale nature of the neighborhood.
The upcoming construction of the Hyundai Metaplant, a high-profile Electric Vehicle manufacturing facility at the intersection of Interstate 16 and U.S. 280, further solidifies the Pooler submarket’s economic outlook. This major development is set to bring unprecedented job opportunities and will ensure sustained multifamily demand for the foreseeable future.
Stoneweg US plans to enhance the property’s value through an ESG and traditional value-add programs, including portable EV chargers, installation of solar panels to the clubhouse, new pool cabanas, and turf installation for cornhole toss. Additionally, the interior renovation program will include new washer and dryers in 35 units, along with the installation of vinyl plank flooring in select units, ensuring residents enjoy modern and sustainable living spaces.

FaverGray Breaks Ground on 303-Unit The Enclave at Deer Moss Creek Luxury Apartment Community in Florida’s Gulf Coast Panhandle

JACKSONVILLE, FL – FaverGray announced the construction of The Enclave at Deer Moss Creek, a luxury multifamily community for developer MH Deer Moss Creek LLC. Located at 1000 Deer Moss Loop in Niceville, the 303-unit community will be available to residents in 2024.
The Enclave at Deer Moss Creek project sits on an 18-acre site and will include nine 3-story apartment buildings and two 2-story apartment buildings. Rental units will feature stainless steel appliances, granite countertops, luxury vinyl plank flooring, and upgraded cabinetry and trim.
Community amenities will include a 7,935 SF clubhouse featuring a resort-style pool surrounded by pergolas, gas fire pits, and an outdoor kitchen with a gas grill. Additional site amenities will include two dog parks, two playgrounds, and a mail kiosk.
The site improvements will consist of water, storm, and sewer utilities that will tie into existing public utilities. The site improvements will also include resort-style hardscaping, landscaping, irrigation, asphalt paving, concrete sidewalks, and ponds.
The construction will consist of wood frame with steel stairs and precast elevator shafts. The exterior will be finished in fiber cement siding with stone accents and include architectural-style asphalt shingles. All building slabs will be post-tensioned concrete, on grade.
“The FaverGray team is thrilled to partner with MH Deer Moss Creek LLC on this exciting new project,” shares Ben Hinson, Executive Vice President at FaverGray. The Enclave at Deer Moss Creek will be an integral part of Niceville’s growth as an exceptional product. “FaverGray is proud to be part of the development in Niceville as more people continue to move to this flourishing area,” states Hinson.
“Our team is honored to break ground on our first project with MH Deer Moss Creek LLC, to offer a luxury multifamily product to this growing area,” shares Mark Higby, Division Leader at FaverGray. “The Enclave at Deer Moss Creek will showcase the outstanding quality of work that FaverGray and MH Deer Moss Creek LLC deliver to a new development.”
Dallas Texas based HEDK is serving as the architect for The Enclave at Deer Moss Creek, Jenkins Engineering is providing civil engineering services, and Jordan & Skala Engineers is providing MEP services. Landscape services will be provided by Meeks Design Group.

Greystar Launches Branded Apartment Communities to Address Need for Attainable Housing with Limits on Future Rent Increases

CHARLESTON, SC – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, announced the launch of a new dedicated brand, Ltd. by Greystar (“Ltd.”). Ltd. will exclusively focus on Greystar’s impact housing product, delivering more attainable housing opportunities for key populations affected by the lack of rental options in the United States.
Working in tandem with Greystar’s recently opened Modern Living Solutions (“MLS”) factory – Greystar’s modular construction business focused on building off-site, prefabricated modular apartments sustainably and at an attainable price point – Ltd. will allow for the building and operating of essential housing communities at scale. To achieve this goal, Ltd. guarantees not to increase rents by more than the greater of CPI or 3%, providing “certainty of housing” for existing residents.
“Over the course of my career, I have seen the incredible need for attainable housing options across the United States,” said Bob Faith, Founder, Chairman, and CEO of Greystar. “We are excited for the opportunity to apply our platform and our culture of innovation to build housing supply that offers an attainable, high-quality experience for renters while also serving as an attractive proposition for both Greystar and our partners.”
“What we’re doing with our newly created Ltd. brand is a game-changer for renters who want to live in a Greystar-managed community and for an industry that needs more housing supply,” said Scott Berka, Senior Managing Director, Brand and Customer Experience. “When you consider how big the challenge at hand is, I’m proud to be part of a team that’s willing to throw out the rulebook and challenge ourselves to make a true impact while delivering the Greystar-level experience people should have. Through this effort and our Ltd. brand, we’re at the start of a great journey.”
All Ltd. branded communities will have standard amenities appropriate for their location, including community pools and gyms, among other options. Additionally, cutting-edge technology packages in multi-family will be included in each Ltd. community and apartment, with property-wide high-speed internet, smart locks, and resident apps that streamline everything from maintenance requests to guest access. This package of amenities and innovative technology helps to set Ltd. communities apart from most of the existing attainable supply in the United States.
Greystar currently has 5 Ltd. branded projects underway across 4 cities, with approximately 1,600 units expected to come online in the next 18 months. The first Ltd. community, Ltd. Med Center, in Houston, Texas with 378 units is now in lease-up.

Muinzer Expands Investment Goals with Acquisition of 1,134 Bed Village West Student Housing Community Near Purdue University

WEST LAFAYETTE, IN – Muinzer, a privately held real estate investment firm founded by Marc Muinzer, alongside T2 Capital Management, announced the acquisition of Village West near Purdue University in West Lafayette, IN. The property is one of the largest student-housing assets in the nation totaling 1,134 beds underpinned by 22 acres of land. The asset is currently 100% leased and 100% pre-leased for August 2023.
“This transaction unlocks significant value and allows our original institutional equity partner to successfully exit. It also provided Muinzer with the opportunity to increase our ownership stake in Village West while continuing our onsite property management role. We look forward to continuing to create value while providing superior customer service,” said Marc Muinzer, Founder and CEO of his namesake firm. “Thank you to our incredible team, lenders, and investment partners. Even in an uncertain macroeconomic environment, we have successfully completed nearly $250 million of transactions thus far in 2023,” added Mr. Muinzer.
Muinzer began investing in student-housing in 2002 and is one of the largest owners in the Big Ten and SEC Conferences. “Student-housing fundamentals are the strongest we have seen in the last 20 years. With our portfolio 100% leased and 100% pre-leased for August 2023, we continue to expand our team and acquisition goals. In 2023 and 2024 we are looking to acquire an additional $1 billion of student-housing assets near high-growth universities,” added Michael Snyder, COO of Muinzer.
Muinzer and its affiliate South Street Capital were founded by Marc Muinzer in 2002. With offices in Los Angeles, Knoxville, West Lafayette, and Chicago, Muinzer is one of the largest owners of student housing in the Big Ten and SEC Conferences.

Broadway Apartment Building Project Becomes First in New York City to Use AI Construction Technology Platform to Enhance Efficiency

NEW YORK, NY – Eyal Ofer’s new Columbus Circle Building at 1841 Broadway is now the first project in New York City to use the AI construction platform Buildots, developer Global Holdings Management Group and Buildots have announced.
The project is located just north of Columbus Circle, southwest of Central Park and adjacent to the Time Warner Center and the prestigious 15 Central Park West development, which was also led by Eyal Ofer’s Global Holdings. The 26-story, 298-ft.-tall building will include nearly 197,000 sq. ft. of residential space encompassing 123 housing units, as well as over 20,000 sq. ft. of commercial retail space.
After site data captured via helmet-mounted 360-degree cameras is automatically analyzed using proprietary AI algorithms, the platform provides the project management team with true-to-life progress reports supported by visuals. This leads to significantly improved efficiency in terms of costs, labor and management time, and resources.
The award-winning technology is currently being used on sites across North America, the UK, Europe and the Middle East by leading global construction firms including Sir Robert McAlpine, Lendlease, Build Group and EllisDon among others.
J.J. Ofer, CEO of Global Holdings Management Group (US), said, “Global Holdings has a strong pipeline of projects and we see the huge impact that Buildots has on efficiency and transparency in construction, which are critical factors that help us to maximize usage of our resources, minimize costs and speed up construction in a responsible way. The Buildots technology platform is used to fundamentally enhance our project management capabilities and we are excited to be working with the company and bringing this revolutionary technology to New York.”
The building, located at the corner of Broadway and West 60th Street, has been designed by INC Architecture & Design with SLCE Architects serving as the architect of record.
“We are thrilled to bring Buildots’ AI-based technology to New York City with the Columbus Circle Building project. Our platform offers full visibility and control on projects’ progress, enabling improved performance and efficiency, and we look forward to collaborating with Global Holdings Management Group and other leading developers on future projects in New York and beyond,” said Buildots CEO Roy Danon.

Wood Partners Welcomes Residents to 300-Unit Alta Blue Goose Luxury Apartment Community in Austin’s Growing Northern Corridor

AUSTIN, TX – Wood Partners, a national leader in multifamily real estate development, announced, the grand opening of its latest luxury residential community, Alta Blue Goose in Austin, Texas.
Located at 8110 Blue Goose Road, Alta Blue Goose is positioned along Austin’s growing northern corridor and provides residents with easy access to the city’s leading retail, dining, and entertainment destinations via the 290 and 130 highways. Situated just south of Austin’s thriving tech corridor, the community places residents within minutes of the city’s leading employers including Dell, Samsung, Facebook, Tesla, GM, and The Home Depot. Alta Blue Goose is also adjacent to Wildhorse Ranch, a newly established master planned community, and the $880M transformation of Walter E. Long Metropolitan Park, home to hiking and biking trails, fishing piers, and picnic areas.
“Wood Partners is excited to officially welcome residents to Alta Blue Goose, which provides the perfect home location to those in the flourishing East Austin area,” said Bart Barrett, Managing Director for Wood Partners. “This is an exciting addition to our evolving Austin portfolio, and we look forward to continuing to expand our presence throughout the Central Texas region.”
Alta Blue Goose offers residents 300 apartment homes comprised of one-, two- and three-bedroom floor plans. Each home comes fully outfitted with luxurious urban accents and high-end finishes including granite countertops, 42-inch kitchen cabinets, stainless steel GE appliances, designer tile backsplashes, in-home washer and dryer sets, and vinyl plank flooring throughout the kitchen, living room and baths. Select units offer a smart technology package providing added connectivity and security for residents.
Outside their home, Alta Blue Goose residents can also enjoy a wide range of top-quality community amenities including a resort-style pool, an outdoor kitchen with grilling area, and an on-site dog park. Residents also have access to a clubroom area that features a state-of-the-art fitness center, business and conference spaces and ample entertainment areas. All common areas throughout the community will feature an urban design motif and will be equipped with high-speed internet hotspots to ensure no shortage of connectivity. Interior design for the property was completed by makrDESIGN.

The United Group Hosts Groundbreaking Ceremony for The Apex at Crossgates Apartment and Townhome Community

GUILDERLAND, NY – The Apex at Crossgates, Guilderland’s newest multifamily apartment and townhome community, in the heart of the Capital Region, celebrated their groundbreaking ceremony.
Close to 100 attendees were on-site to celebrate this magnificent community. Local vendors including Fort Orange Brewing and RAD Soap were featured throughout the event, highlighting the Apex community-centered approach. Invitees also heard from special guest speakers including Capital Region Chamber Sr. VP of Community Advancement Pete Bardunias, The United Group of Companies Inc. EVP of Development Jeff Smetana, and The United Group of Companies Inc. President and CEO Michael Uccellini.
The Apex at Crossgates will feature a diverse selection of spacious one/two/three-bedroom floor plans plus 30 townhouse-style units, offering residents excellent options for luxurious worry-free living, as well as under-building secure parking. Serving as the central hub of the community will be an expansive clubhouse boasting amenities that include remote workspaces, premium golf simulator, social lounge, tech-driven package services, state-of-the art fitness center, yoga studio, game room with pool table and card table, dog park, pet grooming, pool, outdoor kitchen with grilling stations and multi-sport courts.
The spacious apartments will have nine-foot ceiling heights, luxury bathroom finishes, elegant kitchens with stainless appliances and quartz counter tops, designer fixtures, walk-in closets, large balconies, and so much more.
Development of this community will aid in serving the Capital Region’s diverse population with a variety of needs that center around seeking a living situation that perfectly combines luxury, convenience, and accessibility to everything that makes the Capital Region unique. This community will sit adjacent to Crossgates Mall, by way of a lit walking path allowing residents easy access to premier food, shopping, and entertainment options within minutes from home.
The United Group of Companies and United Development Corp are overseeing the development and construction of the community in conjunction with Trinity Building & Construction Management Corp, who will serve as general contractor. The construction period is expected to be approximately 24 months, commencing February 2023. The community is managed by United Plus Property Management.