MANCHESTER, NH – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of The Residences at Chestnut, an affordable housing development in Manchester, during a ceremony with community leaders and financing partners.
“Lincoln Avenue Communities is committed to building high-quality, resilient properties that make long-term access to affordable housing in communities across the country,” said Thom Amdur, LAC Senior Vice President, Policy and Impact. “The Residences at Chestnut represents our first ground-up development in New Hampshire, and we’re grateful to our public and private partners who helped make this deal possible.”
The 142-unit property represents LAC’s first new construction deal in New Hampshire, which is facing a statewide affordable housing crisis. The Residences at Chestnut will include two apartment buildings, with 106 combined units restricted to households earning less than 60 percent of the area median income (AMI); 36 units will receive project-based vouchers, with 30 of those units set aside for veterans and their families.
“This development will add 142 units of much-needed affordable housing in Manchester, where high-quality homes remain out of reach for many residents,” said Scott Shaw, LAC Vice President & Regional Project Partner. “We’re especially proud to support veterans and their families who face unique barriers to finding attainable housing.”
Construction of The Residences is expected to end in 2025. The property will include an underbuilding parking garage, roof deck, fitness center, bike storage and other community amenities.
The groundbreaking ceremony featured remarks from Manchester Mayor Joyce Craig and representatives from the New Hampshire Housing Finance Authority, Families in Transition, Manchester VA Medical Center and the offices of New Hampshire’s congressional delegation, among others. Following remarks, LAC formally broke ground on a section of the property to mark the beginning of construction.

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MCDONOUGH, GA – Vista Residential Partners, a national multifamily development firm, has broken ground on Phase I of a two-phase mixed-use development, Oak Grove Vista. The development is a joint venture between Atlantic American Partners, Township Capital, and Vista Residential Partners, with financing provided by Trustmark Bank and First National Bank.
Located in the burgeoning suburban enclave of McDonough, Georgia, Phase I of Oak Grove Vista will include 302 multifamily units defined by a low-density residential community feel with a central amenity area including a pool, gym, and club room.
The entirety of the mixed-use development will include 348 multifamily units and 40,000 square feet of commercial space along Jonesboro Road. Phase I of Oak Grove Vista will be a defining luxury asset in McDonough complemented by nearby commercial space and servicing pent-up residential demand.
The Property’s strategic location off of I-75 will connect future residents to 53M SF of prime logistics and E-commerce centers, over 400,000 jobs along I-75 North, Hartsfield-Jackson International Airport, Henry County’s growing healthcare industry, and the CBD job centers of Midtown and Downtown Atlanta. McDonough is rapidly becoming a major hub for logistics and e-commerce, with over 75,000 jobs in these industries in the immediate area. This growth is indicative of the city’s strategic location and its commitment to supporting next-generation industries. McDonough’s logistical infrastructure is essential to the Atlanta metro area, and it is poised to play an even greater role in the decades to come.
“We are excited to expand our presence within McDonough,” said Chase Beasley, Managing Director for Vista, said in the release. “This is our second community in this burgeoning pocket of Henry County, and we have strategically aligned our homes and amenities to provide a superior living experience in a location providing all of life’s comforts within close proximity to downtown Atlanta.”
Major economic and population growth in McDonough has been met with minimal new multifamily developments. The Property’s frontage along Jonesboro Road will be further accented by an adjacent retail development Which is to include a national coffee concept, RaceTrac gas station and additional restaurant concepts.
“Henry County continues to see very strong population and job growth. Oak Grove Vista is designed to meet the growing demand for housing in this region,” said Michael Neyhart, Chief Investment Officer for Vista Residential Partners. “We are excited to embark on a new relationship with the teams at Atlantic American Partners and Township Capital and are grateful for the trust they have placed in Vista”.
The community will offer a mix of one-, two-, and three-bedroom apartment homes averaging 1,000 square feet, along with 8 carriage homes providing direct access garages. Designed by architect Niles Bolton, the garden-style apartments will feature stainless steel appliances, 9-foot ceilings, vinyl plank flooring, in-unit washers and dryers, and dining-size kitchen islands. Oak Grove Vista will also feature a luxury clubhouse, resort-style pool, co-working space, fitness center, a large pet park, 24/7 package concierge, and 40,000 SF of walkable retail and restaurants.

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HOUSTON, TX – National multifamily real estate development leader Wood Partners announced the grand opening of its newest luxury residential community, Alta Cypress Springs. Nestled between the flourishing areas of Katy and Cypress, Texas, suburbs of Houston, the community officially started welcoming residents in October, and leasing activities are in full swing.
Situated south of FM 529 on Fry Road, Alta Cypress Springs provides an ideal residential haven northwest of Downtown Houston, offering quick access to major routes, such as the Grand Parkway, US 290, and I-10. With the community’s prime location, residents can indulge in a diverse array of nearby retail, dining, and entertainment experiences including multiple grocery-anchored shopping centers, Katy Mills Mall, La Centerra, and Towne Lake Boardwalk.
Nature enthusiasts will appreciate Alta Cypress Springs’ proximity to George Bush Park, Bear Creek Pioneers Park, and Mason Creek Hike and Bike Trail, each offering picturesque walking, running, biking trails, and recreational spaces. The community is zoned to the acclaimed Cypress-Fairbanks Independent School District and is near 11 significant corporate headquarters and key employers, including Toshiba, Shell USA, BP North America, Igloo, Amazon, and Academy Sport + Outdoors. Additionally, Alta Cypress Springs is located minutes away from five major hospital system locations including, Houston Methodist, Memorial Hermann, Texas Children’s, MD Anderson and HCA Healthcare.
“We are pleased to announce the opening of Alta Cypress Springs, a luxury community catering to young professionals and families in the west Houston area,” said Bart Barrett, Managing Director at Wood Partners. “This addition to our Houston portfolio reflects our commitment to making first class communities in premier locations.”
Crafted by Design Balance, a boutique architectural firm based in Rockwall, Texas, Alta Cypress Springs offers 330 apartment homes featuring a variety of one-, two-, and three-bedroom floorplans. Each residence boasts upscale finishes, including stainless-steel appliances, granite countertops, designer tile backsplashes, 42″ cabinets, full-size washer and dryer sets, and wood-style flooring throughout.
Residents can take advantage of designated parking, including reserved and carport spaces. The property enhances the living experience with an array of Class A amenities, such as a resort-style swimming pool with sundeck and outdoor kitchen, as well as their own dog park. The Clubhouse features a fitness center, clubroom, and a business center complete with a conference room and entertainment spaces. Additionally, cutting-edge audio/visual technology, urban living design, and high-speed internet hotspots in all common areas will ensure seamless connectivity throughout the community.

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