ORLANDO, FL – Halstatt Real Estate Partners, a real estate private equity firm, announced the acquisition of Cypress Run, a multifamily community located in Orlando, Fla. The property was bought in partnership with GoldOller Real Estate Investments, a long-standing Halstatt partner.
Cypress Run represents an opportunity to buy a well-maintained asset in one of Orlando s fastest-growing corridors at an attractive basis, said Steven Iannaccone, managing principal, Halstatt Real Estate Partners. The property benefits from durable demand drivers, limited new supply within the submarket, and a business plot that allows us to thoughtfully enhance the community while further positioning the asset within its competitive set.
Located in East Orlando, Cypress Run is near several of the region s most significant long-term economic drivers, including Orlando International Airport s ongoing $6 billion expansion and the 650-acre Lake Nona Medical City. The submarket has experienced limited new multifamily supply in recent years and continues to benefit from demand driven by the area s growing healthcare, education, and service-oriented workforce. The partnership plans to implement a value-add renovation program focused primarily on interior upgrades, including new appliances, countertops, and updated finishes and fixtures.
This marks another investment between Halstatt and GoldOller, which manages more than 40,000 apartment units across 10 states and maintains a significant operational presence throughout Orlando. The firms have previously partnered on the SunMeadows Portfolio and the recent acquisition of Isles at East Millenia.
Halstatt Real Estate Partners invests in value-add and opportunistic real estate projects across Florida, Texas, and the Southeast, partnering with experienced sponsors to reposition assets and strengthen portfolio performance. In addition to its multifamily investments, Halstatt has been an early mover in the build-to-rent sector, with seven projects totaling more than 1,350 units across Florida, Texas, and Ohio.

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CLEMSON, SC – Balfour Beatty Communities, a national residential real estate investment and management company, announced the successful acquisition of Clemson Village, a 96-unit, 288-bed student housing community serving Clemson University in Clemson, South Carolina. This strategic acquisition further expands the company s presence in high-performing university markets and marks its second acquisition within the NCAA Division I Atlantic Coast Conference (ACC), following the investment in Oktiv, serving Florida State University students.
Clemson Village offers students distinctive residential living experience through its low-density duplex design, providing greater privacy and space than traditional apartment-style student housing. Located less than a mile away from Clemson University, the property is conveniently walkable to campus and provides residents with seamless connectivity via dedicated transit access.
The community consists of 96 three-bedroom, three-bathroom units, situated on 18 acres. Designed with comfort and functionality in mind, each fully furnished unit includes modern finishes, private bedrooms and bathrooms, and expansive living spaces, complemented by a robust amenity package that includes a clubhouse, resort-style pool, fitness center, study areas, and outdoor recreation spaces.
We are excited to add Clemson Village to our growing student housing portfolio, said Lisa Dailey, Senior Vice President of Multifamily Acquisitions at Balfour Beatty Communities. The property s unique duplex configuration combined with its prime location makes it an exceptional fit for our investment strategy. Clemson University continues to demonstrate strong enrollment growth and long-term demand for high-quality off-campus housing, and Clemson Village is well positioned to benefit from these favorable trends.
The Clemson student housing market continues to exhibit strong demand, supported by the university s academic reputation, vibrant campus environment, and consistent need for purpose-built housing options. Clemson Village is well positioned to benefit from these trends while offering residents a distinctive choice in living option. Following the acquisition, Balfour Beatty Communities plans to implement a series of enhancements designed to further elevate the resident experience and support the property s long-term performance.
This acquisition underscores Balfour Beatty Communities commitment to thoughtful portfolio growth—focusing on well-located communities with lasting appeal and investing in ways that enhance both the resident experience and long-term value.

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IRVINE, CA – Advanced Real Estate has bought the 126-unit Casa La Paz apartment community in Rowland Heights, California. The property has been rebranded as “The Rowland” and will undergo a comprehensive renovation program, including exterior improvements, upgraded interiors, and enhanced community amenities.
The acquisition marks the fifth property bought in the past eight months by their most recent Investment Fund, Advanced Fund 24-3. The other properties include two luxury apartment towers totaling 393 units in Hollywood as well as 138 units in West Covina and 104 units in Santa Ana. The Hollywood acquisition in late April was the largest apartment buy made by any firm so far this year in Southern California. Advanced’s portfolio now includes over 13,000 apartment units in Southern California with a market value of $5 billion.
Originally developed as a long-term, family-owned asset, The Rowland was bought utilizing Advanced’s unique 721 tax-deferred “exchange and contribution” structure. Through this process, the former ownership group contributed the property into the fund in exchange for partnership interests in Advanced Fund 24-3. Some of those partners in the seller’s partnership preferred a cash payout, which Advanced provided at closing.
“Many apartment owners want to preserve equity and defer taxes while still transitioning away from the inherent risks of ownership as well as the day-to-day management responsibilities,” said Richard Julian, CEO of Advanced Real Estate. “Our structure allows owners to contribute their property into a solid and diversified institutional-quality portfolio while maintaining investment participation for the long term. It’s a strategy we’ve successfully implemented across numerous acquisitions.”
Located in the San Gabriel Valley, The Rowland benefits from strong regional demographics, proximity to major employment centers, and convenient access to retail, dining, and transportation corridors. Advanced plans to do a comprehensive value-add renovation strategy designed to modernize the community and enhance the resident experience.
“Rowland Heights represents a highly desirable suburban Southern California rental market because of its central location and strong long-term fundamentals,” said Paul Julian, President of Advanced Real Estate and Richard’s son. “We see substantial upside by repositioning this property through thoughtful renovations and professional management while making long-term value for both residents and investors.”
Property management will be handled in-house by Advanced Management Company (AMC), while renovations will be administered through Advanced’s affiliated construction company, R3 Construction Services.

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