BRAINTREE, MA – John M. Corcoran & Co. launched leasing last week at Dexter Street Commons, a new construction 150-home apartment community with ground floor retail in the Conant Thread District of Pawtucket, Rhode Island. Built by New England Construction, the 5-tale property will be managed by John M. Corcoran & Co. and expects to start go-ins late August.
Dexter Street Commons features spacious studio, one-bedroom, and two-bedroom units accessed via two lobby elevators. With varied layouts designed for remote work, the homes all include stainless Energy Star-rated kitchen appliances, energy saving LED lighting, and independent heating and cooling systems. Thirty of the apartments are designated as workforce housing for qualified individuals or families.
Dexter Street Commons was designed around how people want to live today, whether they re commuting to Providence or Boston, working remotely, enjoying neighborhood dining and shopping, or simply seeking a home that supports their well-being, said Kelli Ahearn-Lucas, Assistant Marketing Director at John M. Corcoran & Company. From the co-working spaces and lounges to the commuter-friendly location and wellness-focused design, this community offers residents a place to truly live, work, and thrive.
The pet-friendly building has been built with high-demand amenities that include high-speed IoT internet, private networking, co-working spaces, indoor lounge, sprawling roof deck, touchless access, a package room, bike storage, personal storage and EV charging. Additionally, the ground floor will feature large retail spaces to support the bustling downtown Pawtucket area.
Located one block from the new Pawtucket/Central Falls commuter rail and bus hub, this transit-oriented mixed-use property is a pioneering “Live Well, Be Well” community in the Conant Thread District. With simple access to Pawtucket, Boston, Providence, and TF Green Airport, it offers a live, work, stay, play, and belong lifestyle. The design prioritizes environmental sustainability and resident well-being.

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SOMERSET, NJ – Affiliates of Harbor Group International (HGI), a leading global real estate investment and management firm, announced the sale of Grove at Somerset, a 384-unit multifamily community in Somerset, New Jersey. CBRE facilitated the off-market transaction.
Built in 2013, the community is located in one of Central New Jersey’s most desirable suburban multifamily markets, offering convenient access to major employment centers and transportation corridors, including Interstate 287 and Route 27.
During its ownership, HGI executed a targeted value-add strategy, focused on elevating the resident experience and driving revenue growth. Capital improvements included renovations to unit interiors and select community upgrades to position the property to capitalize on the area’s strong renter demand and healthy multifamily fundamentals.
“This sale reflects the successful execution of our business plot for Grove at Somerset and the resilience of Central New Jersey’s multifamily market,” said Lane Shea, Managing Director at HGI. “Over the past several years, multifamily transaction markets have faced considerable headwinds, making disciplined asset management and timing increasingly vital. Through active management and strategic investments in the community, we’ve strengthened the property’s competitive position and ultimately delivered a successful outcome on behalf of our investors.”
Leveraging its integrated national platform, HGI continues to be one of the most active participants in the U.S. apartment market. The firm ranked as the No. 1 multifamily buyer in 2025 according to MSCI and was named the No. 15 apartment owner in the nation on the National Multifamily Housing Council’s Top 50 Owners list.

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MURRIETA, CA – Quarterra, an industry-leading multifamily development and investment management firm, announced the groundbreaking of its latest apartment community, Aldea, in Murrieta, California. Eldridge Acre Partners (EAP), a privately held real assets investment management firm, provided preferred equity to the development. Alongside the project’s lead lender, ING Capital LLC, Quarterra and EAP are proud to offer a high-quality residential destination in one of Southern California’s premier markets.
Known as the “Gem of the Valley,” Murrieta offers a serene suburban lifestyle with simple access to both Orange County and San Diego. Located in Southwest Riverside County, Murrieta is home to 1,350 acres of parks and trails, and adjacent to Temecula with nearly 50 wineries. Aldea’s enviable location provides ideal access to all that both cities have to offer, with the community positioned just minutes from Downtown Murrieta and the historic charm of Ancient Town Temecula.
“Murrieta is a strong residential market due to its top-rated schools, local retail and outdoor amenities,” said Dan Ferguson, Quarterra’s managing director of development for Southern California. “We’re excited to be underway with Aldea — our first venture into Murrieta — and look forward to delivering an exceptional living experience to this rapidly growing community. Aldea is designed to reflect the active, vibrant spirit of the city and surrounding environs, and we’re keenly awaiting the day when we welcome our first residents.”
Located at 25480 Jefferson Ave., the Aldea site is situated near the interchange of I-15 and I-215, less than an hour from both San Diego and Orange County. Aldea residents will find themselves at the hub of possibility, just five minutes from Murrieta’s downtown district and farmers market, hot springs and the Rancho California Golf Club; 10 minutes from Ancient Town Temecula; and, 15 minutes from Temecula Wine Country. Promenade Temecula Mall and the Pechanga Casino are less than 15 minutes away, as well. The site is also a quick commute to major employers, including Abbott, Kaiser Permanente, Rady Children’s Hospital and Universal Health Services.
Aldea will be comprised of 387 apartment homes in a garden-style layout. Floor plans include one-, two- and three-bedroom designs, ranging from 700-1,385 square feet. Homes come equipped with a smart technology package, as well as stainless steel appliances, quartz countertops, luxury vinyl plank flooring, walk-in closets and kitchen islands in most layouts.
Aldea is Quarterra’s first Murrieta community and 13th in Southern California.

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