Thompson Thrift Hosts Ribbon Cutting for 300-Unit Standard441 Multifamily Community in Fast Growing Orlando Suburb of Lady Lake

ORLANDO, FL – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Standard441, a new 300-unit multifamily community in the Orlando suburb of Lady Lake. The first residents started moving in during winter of 2024, with construction completion expected at the end of this summer.
“We’re proud to introduce Standard441 as the newest addition to the Lady Lake community,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “This thoughtfully designed community reflects our commitment to making comfortable, connected living environments that enhance residents’ daily lives and contribute to a vibrant neighborhood.”
Located off Highway 441 on the northeast side of The Villages master-plotted community, the 15.26-acre community will offer one-, two- and three-bedroom apartment homes in three-tale buildings. The apartment homes will feature hardwood-style flooring, stainless steel appliances, patio and balcony options, private yard options, upgraded unit options, detached garages and a full-size washer and dryer. Each home will also feature Alexa-compatible smart home packages.
Luxury living will continue throughout the gated community, including a fully equipped fitness center with 24-hour access, resort-style heated swimming pool and outdoor spa, outdoor pool pavilion with a built-in fireplace and grills, pickleball court, putting green and cornhole area, dog park and pet spa, 24-hour social hub, work from home focus suites and electric vehicle charging.
The site is across the street from UF Health The Villages® Hospital, which is the largest and most comprehensive healthcare provider in the region. Nearby Highway 441, which is the main thoroughfare for The Villages, provides residents with convenient access to nearly 3 million square feet of retail, dining and entertainment options, as well as other major employers including Arcosa, Ash Grove, Advent Health Ocala and the U.S. Department of Justice.
The Villages MSA was the #1 fastest-growing metropolitan area in the U.S. during the past decade and projections indicate that the area has the potential to double in total size in coming years.
At the ribbon-cutting ceremony, visitors had the opportunity to tour the model and explore the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to the local chapter of Habitat for Humanity to aid their efforts in providing affordable housing for families in need.

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Avanti Residential Expands into Affordable Housing Market with Launch of New Affiliate Focused on LIHTC Development Projects

DENVER, CO – Avanti Residential, a nationally recognized multifamily investor and operator, proudly announced the formation of its new affiliate, Avanti Residential Housing. This strategic expansion positions Avanti at the forefront of the affordable housing sector, with a particular emphasis on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation.
Guided by its mission to make high-quality, attainable housing while delivering attractive, risk-adjusted returns, Avanti Residential Housing represents a natural evolution of the firm’s commitment to responsible investing. The new, Tampa-based, affiliate will leverage Avanti’s extensive real estate expertise and financial acumen to address the critical shortage of affordable rental housing nationwide.
Spearheading this initiative is Christopher Martiner, a seasoned industry executive with over 30 years of experience and a proven track record in affordable housing finance, development, and investment. Under his leadership, Avanti Residential Housing aims to become a national leader in the production and preservation of affordable multifamily communities, with a focus on maximizing LIHTC equity investments and leveraging public-private partnerships to drive sustainable growth.
“We see a tremendous opportunity to not only expand Avanti’s footprint but also to make long-term value for our investors by addressing one of the most pressing housing challenges in the country,” said Martiner, Managing Partner of Avanti Residential Housing. “With the increasing demand for affordable housing solutions, we are committed to delivering innovative, high-quality communities that serve both residents and stakeholders.”
Avanti Residential Housing will initially focus on high-growth metropolitan markets, leveraging Avanti’s established presence and investment acumen. The company’s approach integrates forward-thinking design, sustainable development practices, and strong community engagement to ensure long-term success.
“The creation of Avanti Residential Housing represents an extension of our core values, enabling us to make a meaningful impact in underserved markets while continuing to provide compelling opportunities for institutional and private investors,” said Christian Garner, President and CEO of Avanti Residential. “Our long-term vision includes the establishment of a nonprofit arm dedicated to furthering our commitment to housing affordability.”
Avanti Residential currently operates a diverse portfolio encompassing approximately 10,000 units across 40 properties in seven states, including Colorado, Kansas, Missouri, Arizona, Florida, Utah, and Tennessee. With the launch of Avanti Residential Housing, the firm is poised to deepen its impact in the affordable housing space while maintaining its reputation for best-in-class multifamily investment and operational excellence.

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PeakMade Real Estate, Blue Vista Capital, and W5 Group Break Ground on Theory Ithaca Apartment Community Near Cornell University

ITHACA, NY – PeakMade Real Estate and Blue Vista Capital Management, in partnership with W5 Group, recently broke ground on construction for Theory Ithaca, a new apartment development located near Cornell University in downtown Ithaca, NY, aimed to serve Cornell graduate students, university affiliates, and the greater Ithaca community. This project marks the continued expansion of Peak and Blue Vista’s Theory-branded development portfolio in major university markets. Construction financing for Theory Ithaca was provided by Kennedy Wilson.
Upon completion, Theory Ithaca will be comprised of 371 units and 518 beds, offering studio through 3-bedroom floorplans, and 239 parking spaces. The development, scheduled to open for the 2027 academic year, will feature a market-leading amenity package, including rooftop terraces, modern study lounges, a luxury fitness center, and direct access to nature along Six Mile Creek.
“The Cornell University market is one of the most undersupplied student apartment markets in the country especially for graduate students. Theory Ithaca plans to serve this unmet demand with an exceptional project in an irreplaceable location in between Cornell’s campus and downtown Ithaca,” commented Jeff Githens, President of Development at PeakMade Real Estate.
“We are excited to start construction on Theory Ithaca alongside PeakMade and W5 Group, and look forward to delivering a groundbreaking new, high-quality housing option to downtown Ithaca to help bridge the market’s housing gap for students,” commented Jason Schwartz, Managing Principal at Blue Vista Capital Management, LLC.
“Theory Ithaca is a continuation of our Innovative Living strategy, delivering a thoughtfully designed, community-oriented, highly-amenitized living experience in the Cornell University market,” said Ralph Winter, Founder and Principal of W5 Group. “Cornell is one of the world’s most prestigious universities, with an $11 billion endowment and a rapidly growing student population. In partnership with Blue Vista and PeakMade, we are excited to deliver a new state-of-the-art apartment community for the next generation of Cornellians, setting a new standard for residential innovation in the Ivy League.”

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