DENVER, CO – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, announced the start of leasing at Kindred Apartment Homes, joining Citizen West 10, as Quarterra’s second community in Denver’s historic Golden Triangle neighborhood.
Kindred is a 224-home high-rise community in the heart of one of Denver’s oldest and most refined neighborhoods, situated amid the city’s top museums, art galleries and civic institutions. Mirroring the local art-centric and eclectic vibe, the community’ design-forward vibe blends in among the casual cafés, upscale restaurants, vintage shops and public murals that define the city’s civic center. The property also features 3,800 square feet of retail space of its own, featuring Nanas Dumplings and Dim Sum and GoodVets. With unparalleled walkability and bike access, Kindred connects residents to neighborhood attractions, as well as Lower Downtown Denver.
“Kindred puts residents within walking distance of all the top cultural sites in Denver. The Golden Triangle is 45 square blocks of art, education, destination dining and unique bespoke shops,” said Chris Gillies, Quarterra City President. “Kindred establishes itself within the neighborhood due to its uncompromising design and living experience. Residents find themselves not only in an enviable location within the city, but surrounded by a modern and thoughtfully designed building that emphasizes comfort and convenience. We’re enlivened to deliver this exceptional lifestyle-focused opportunity and continue our leading role in energizing one of Denver’s most remarkable neighborhoods.”
Located at 180 W. 10th Ave., Kindred is surrounded by cultural institutions, including the Museum of Contemporary Art Denver, Colorado Convention Center, Denver Art Museum, History Colorado Center, Civic Center Park, the U.S. Mint and Denver Public Library. The community is also just a small distance from the city’s major sports and entertainment venues — Empower Field at Mile High, Ball Arena and Coors Field.
Quarterra is leading the re-emergence of Denver’s historic Golden Triangle neighborhood. A prominent resident neighborhood roughly a century ago, the Golden Triangle had been relegated to overflow parking for Downtown Denver, with small to no social or economic activity. Through Kindred and associated developments, Quarterra is rejuvenating the neighborhood and helping to reinstate its status in the city.
Ideal accessibility is facilitated by nearby major city routes, including Broadway and Speer Boulevard. These thoroughfares provide quick access to Denver’s Regional Transportation District (RTD) bus routes, FasTracks light rail line and Amtrak trains via Union Station. The community is also just minutes from Interstate Highways 25 and 70, leading to all ends of the city, state and beyond.
Kindred consists of studio, one- and two-bedroom apartment homes, ranging from 458 to 1,366 square feet. Modern in-home features include View smart windows (select homes) and smart thermostats. Spacious kitchens are appointed with stainless steel appliances, ceramic tile backsplashes, designer faucets and quartz countertops. Spa-style bathrooms include tile flooring and shower surrounds. Kitchens and living areas feature luxury vinyl plank flooring, while bedrooms are carpeted. Bedrooms also come equipped with expansive closet space. All homes include full-size in-home washers and dryers. Select homes are designed with kitchen islands, dedicated work-from-home spaces and mud rooms to accommodate the active Colorado lifestyle.
Community amenities include a sixth-floor spa and deck with outdoor fire pits and gaming areas. A 14th-floor view lounge offers exquisite panoramic views of the city and Front Range mountains, while a community lounge features billiards, shuffleboard and a catering kitchen. Residents also have access to a 24-hour fitness center, pet porch with dog run, bike storage area, resident storage spaces, and a five-floor parking garage with 13 electric vehicle charging stations. As part of Quarterra’s energy efficiency efforts, the property also includes solar panels and a green roof.
Kindred is Quarterra’s eleventh Denver Metro community, joining Parkhouse, Sync36, Strata, Canvas, Beacon 85, Camber, Citizen West 10, Emblem Gateway, Jayne, Malbec at Vallagio and Radiant.

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DALLAS, TX – Noel Management, a leading multifamily housing operator focused on acquiring, managing, upgrading, and selling large-scale multifamily housing assets since 1985, announced today the launch on a new division to oversee all management functions for multifamily owners across select Texas markets.
Noel Management specializes in the full range of property management services, including acquisition, advisory, maintenance, lease-up, and marketing. With professional relationships spanning decades in the multifamily housing space, Noel Management offers apartment owners a competitive advantage through offering vertically integrated services designed to increase revenue and reduce operating costs.
The core leadership team at Noel Management consist of Lenny Licht, CEO and Stephanie Allen, Vice President of Operations, who together bring more than 75-years of industry experience to the table. Mr. Licht started his career with the Henry S. Miller Company, during his tenure as Assistant to the President, and Vice-President of the Multifamily Division for the Henry S. Miller Management, the division grew units under management seven-fold. Mr. Licht funneled this expertise into his own brainchild, Noel Management. Allen is an industry veteran with over three decades of experience in all aspects of property management, including acquisitions, dispositions, new construction, lease-ups, and value add opportunities.
The firm s success lies in its proficiency in anticipating market trends and developing a unique, aggressive strategy of capitalizing on growing in-place cash flows and optimizing expenses. Historically, the company has been successful in operating properties at approximately $300 per unit less than competitive management firms through a formula of reducing controllable expenses. Since its inception, Noel Management and its affiliates have owned, managed, brokered, and financed over 10,000 multifamily units, totaling over 1.1 billion dollars in value.
Noel Management is also leveraging the latest technology to transform cost structures, reduce human intervention and redundant tasks. The firm is deploying a leading edge AI-leasing platform by 365 Connect, which is designed to mitigate time on market for vacant units through automating the entire leasing process, giving the company the ability to deliver leases for signature and collect go-in fees within 60 seconds of an applicant s approval around the clock.
Lenny Licht, CEO of Noel Management, stated, “With our tract record of outperforming competitive properties in the markets we serve through focusing on maximizing revenues and prudently managing expenses, now is the perfect time to bring our services to market, especially with so many multifamily owners struggling to navigate today s changing economic headwinds. We look forward to executing our game plot and delivering exceptional returns for our managed portfolio clients.
Noel Management will start onboarding managed communities starting in March. Management services will include operations, maintenance, employee development and training, customer service, revenue management, marketing, budgeting, leasing, and resident retention. More information is available at www.NoelManagement.com

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WILMINGTON, NC – Middleburg Communities announced it has closed on an approximately 30-acre land parcel located at the intersection of S 17th Street and Independence Boulevard in the coastal city of Wilmington, where it will develop a dynamic build-to-rent community, Hamlet Barclay West. The 280-unit neighborhood development will be located across the street from The Pointe at Barclay, Midtown Wilmington s premier dining and entertainment destination, and will feature a mix of cottages, duplexes and townhomes.
Wilmington s explosive growth over the years has resulted in strong demand for high-quality, build-to-rent communities like Hamlet Barclay West, stated Alexi Papapieris, Senior Vice President of Development for Middleburg s Carolinas Region. We are excited to break ground on this project and deliver a product that meets the needs of the market and offers a lifestyle that is coveted by individuals and families alike.
Hamlet Barclay West, situated less than 20 minutes from nearly everything Wilmington has to offer, including Historic Downtown Wilmington, Wrightsville Beach, Carolina Beach, the University of North Carolina-Wilmington and all major employers, will offer the benefits of traditional single-family living without the requirement of a down payment or property maintenance. The community will feature a neighborhood-style design that is characterized by tree-lined streets, pocket parks and shared greenspaces, while all units will have spacious layouts, private entries and backyards.
The amenity-rich development will offer a variety of one-, two- and three-bedroom floorplans, with all units featuring high-quality interior finishes, such as quartz countertops, stainless steel appliances, shaker wood cabinets, tile backsplashes, and luxury vinyl plank flooring. What s more, the community will have numerous amenities throughout, including a clubhouse with a resort style pool and fitness center, electric vehicle charging stations, a dog park, a pet spa and more.
Wilmington s strong underlying fundamentals and rapid growth are illustrative of Middleburg s investment criteria and the cities it looks to invest in throughout the Sunbelt. Wilmington s economy is driven by industry leaders in healthcare, education and manufacturing including General Electric, Verizon, Duke Energy, Novant Health, Wilmington Health, UNC Wilmington, Cape Dread Community College, Pharmaceutical Products Development, Corning and The Port of Wilmington.
According to Austin Knapp, Partner and Senior Managing Director of Development, Wilmington is a city that we project will continue to experience robust population inflows and investment activity over the long-term as it offers the charm, quality of life and employment drivers that make it an ideal place to live, work and play.

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