Portman, 908 Group, Canyon Partners and PTM Form Joint Venture to Develop 674-Bed Student Housing Project at Florida State University

TALLAHASSEE, FL – Portman, 908 Group, Canyon Partners Real Estate LLC and PTM Partners have announced the formation of a new joint venture to develop a student housing project on the Florida State University campus across from Legacy Hall, the future home for the FSU College of Business, currently under construction with completion scheduled for spring 2026. The joint venture secured a $73.3 million senior construction loan from Pacific Life Insurance Company.
The Hall is a Class-A student housing project located in a qualified opportunity zone. It will feature 191-units and 674 beds across two mid-rise buildings, with 452 parking spaces and 7,689 square feet of ground floor retail. The General Contractor is FavorGray. Construction is expected to be completed prior to the start of the 2026-2027 academic year.
The Hall will bring a luxury residential experience immersed within the FSU campus, with amenities including a rooftop pool, high-speed Wi-Fi, and a state-of-the-art fitness center. Residents will benefit from immediate proximity to the new Legacy Hall of Business facility, expected to be the largest academic space on campus. The Hall is also a 10-minute walk from FSU’s main campus, and central to a variety of key retail offerings including restaurants and fitness studios.
“Today’s students expect the best in their living experience, and Portman has a proven track record of delivering top-of-the-line residential communities that do just that,” said Portman Senior Vice President Rodney King. “We are entering the market with a solid deal to deliver a high-quality student housing project at one of the southeast’s most prominent college campuses. We are bullish on student housing and are currently pursuing several deals at top-tier universities that will break ground in 2025.”

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Venterra Realty Acquires 256-Unit Trevesta Place Apartment Community in Sarasota Growth Corridor Submarket of Palmetto

PALMETTO, FL – Venterra Realty recently bought Trevesta Place Apartments located in Palmetto, Florida. The 256-unit multi-family community in Palmetto is well located near the intersection of Interstate-75 and Interstate-275 in a growth corridor of the Sarasota market in Manatee County with simple access to St. Petersburg, Bradenton, and Sarasota.
The property consists of four-tale residential buildings, each with interior corridors and elevator access, and offers studio, one, two, and three-bedroom apartments. All apartments feature spacious, open floorplans with high-end interior finishes including stainless steel appliances, granite countertops, full-size washers and dryers, mud rooms, and oversized closets.
Trevesta Place Apartments provide renters with access to a resort-style pool area with a grilling area, a state-of-the-art fitness center and yoga space, a resident lounge, and EV charging stations. Residents with pets can welcome up to 3 pets per apartment, with no weight limit, as well as access to the onsite Bark Park.
Venterra will implement its resident-focused programs such as the Live it. Like it. Guarantee.TM, the 48-Hour Maintenance Guarantee, and SMARTLEASING.
“We have seen brilliant growth in the Sarasota market and are excited to expand our Florida portfolio into Palmetto with the addition of the amenity-rich property Trevesta Place Apartments,” said John Foresi, CEO of Venterra Realty.
“Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further enhance the standard of living at Trevesta Place Apartments by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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Toll Brothers Apartment Living and Equity Residential Opens 357-Unit Remy Luxury Apartment Community in Frisco, Texas

FRISCO, TX – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, in partnership with Equity Residential, announced the opening of Remy. Located at 5775 Blairview Street in Frisco, Texas, this new community features 357 refined studio, one-, and two-bedroom apartment residences. Remy s construction commenced in 2022 and was financed by a $55.6 million construction loan from Santander Bank, N.A.
The apartment residences at Remy feature an elevated contemporary design with sophisticated features and finishes. The kitchens include islands with decorative pendant lighting, quartz countertops, stainless steel appliances, and modern flat panel cabinetry. Residents will find impeccably designed living spaces, with such features as luxury hardwood-style flooring, plush textured bedroom carpeting, and oversized closets. Each home is complete with smart home technology, including keyless entry, smart thermostats, and in-residence Wi-Fi. In addition, select residences also include private balconies, patios, or fenced-in yards.
Remy s amenities were designed with intention, fostering a comfortable and inviting community where it s simple to make neighborly connections. Outdoor amenities include a resort-style swimming pool with a sundeck, as well as a courtyard with grilling stations, an entertainment kitchen, hammocks, and fountains. The sky lounge and terrace offer ample space for gathering, including seating around the firepit. Inside, residents can find focus in the communal and private coworking spaces, relax in the game lounge over a game of billiards, or host a movie night in the theater room. The expansive two-tale fitness center includes state-of-the-art equipment, a yoga room, and an indoor cycling area on the mezzanine. The community also features EV charging stations in the parking garage.
We re excited to announce the opening of Remy, Toll Brothers Apartment Living s newest community in Frisco, and another successful project with Equity Residential, said John McCullough, President of Toll Brothers Apartment Living. Remy s exceptional design, as well as its ideal location close to Frisco Square, speaks to our commitment to building elevated luxury communities in vibrant locations positioned for continued growth.
Remy is located steps from the best of Frisco Square. Residents can explore the diverse selection of restaurants, cafes, shops, and more in this highly walkable neighborhood, as well as appealing green spaces. Those looking to commute into Dallas or experience the entertainment destinations of the greater metropolitan area can do so with simple access to the Dallas North Tollway.
From its refined apartment homes to its versatile suite of amenities, Remy raises the bar for luxury living in Frisco, said Tommy Rhodus, Managing Director of Toll Brothers Apartment Living in the Central region. Residents will experience an exceptional community close to the best of this quick-growing neighborhood, with the major attractions of Dallas within reach.

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