VERO BEACH, FL – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Verity, a 276-unit Class A multifamily community in Vero Beach. Resident go-ins started in July 2025, while construction was completed in January 2026.
“Celebrating the opening of Verity is a proud moment for our entire team,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “Verity is a thoughtfully designed community where gorgeous homes, well-plotted amenities and inviting shared spaces come together to make a place residents are proud to call home.”
Located off 11th Drive, Verity spans more than 18 acres and consists of three-tale buildings offering one-, two- and three-bedroom apartment homes with layouts reaching nearly 1,400 square feet. Each residence features many of the high-end finishes and amenities Thompson Thrift is known for such as granite countertops, stainless steel and energy-efficient appliances, full-size washers and dryers, hardwood-style flooring, tile backsplashes, designer fixtures and finishes, large walk-in closets, detached garages, and private yard and patio options.
Residents can also choose fully furnished layouts as well as homes with an array of upgraded finishes, architectural details, and deluxe features including walk-in showers with full tile and glass doors, premium lighting, an Alexa smart hub to integrate all smart devices, premium appliances, and a dry bar.
One tailormade community feature is a custom-angled clubhouse with a covered pavilion that connects to the 24-hour fitness center and includes a coffee bar, a 24-hour social hub, work-from-home suites, and a resident conference room with screenshare and video conferencing technology.
Other community amenities include a resort-style swimming pool, electric firepits with seating area, community grilling areas, a pickleball court, shuffleboard and billiards, a dog run with agility equipment and a pet spa. Residents also have access to high-speed internet access, an Amazon package hub, valet trash service, an onsite service team and a user-friendly mobile app for rent payment, submitting service requests, community feed, and more.
Verity residents are a small drive to nearby beaches and coastal attractions, as well as downtown Vero Beach and Treasure Coast Plaza, a well loved dual-anchor shopping center.
At the ribbon cutting, visitors toured models and explored the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to local non-profit St. Vincent de Paul of Indian River County to aid their efforts in helping their community through charitable services, including food, clothing, shelter and financial aid.

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BOULDER, CO – Brickstone Partners, a full-service real estate investment and development firm based in Franklin, Tenn., announced that CEO Daniel Otis has bought complete ownership and control of The Lodge at Boulder, a luxury 371 bed student housing community located at 2900 E. Aurora Avenue in Boulder, Colo and serving the University of Colorado Boulder. Cornerstone, Otis’ family office, played an instrumental role in acquiring the membership interest previously held by Deutsche Finance America (DFA).
“The Lodge has been a mainstay of our student housing platform in Boulder for many years, and we remain committed to providing exceptional living experiences for the University of Colorado students,” Otis said. “Completing this transaction allows us to continue investing in both the asset and the entire community with a long-term perspective.”
The acquisition of the 220-unit community represents a strategic consolidation of ownership and further aligns lasting control of the asset with Brickstone’s operations. The transaction follows the successful 2022 refinancing of a broader Boulder student housing portfolio—including The Lodge at Boulder—with financing co-originated by Blackstone Real Estate and Clarion Partners in a portfolio recapitalization valued at more than $180 million.
Since acquiring the property in 2015, Brickstone Partners and Otis have overseen significant value creation at the community. The investment was recapitalized in 2019 through a joint venture between Brickstone and DFA and later included in the 2022 portfolio refinancing. At the time of the recapitalization these assets had generated internal rates of return in excess of 30 percent.
The Lodge at Boulder has undergone extensive renovations, including upgraded unit interiors, a redesigned clubhouse, enhanced common areas and mechanical system improvements. The community continues to be recognized as one of the leading student housing options in the market, driven by its proximity to the University of Colorado Boulder campus and its high-quality amenity offerings.

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LARGO, FL – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on Olea on 126 Apartments, a new 144-unit affordable housing complex for families in Largo, Florida, marking LAC’s latest ground-up construction project in Southwest Florida.
“Olea on 126 addresses a critical need in Pinellas County by providing quality housing options for families across multiple income levels,” said Jordan Richter, LAC Vice President and Regional Project Partner. “LAC is excited to bring a development to Largo that combines affordability with quality amenities that help families thrive and build community connections.”
Olea on 126 will feature a mix of two-, three- and four-bedroom apartments across three four-tale buildings. The community will lease 35 of its units to residents earning up to 40% of the area median income (AMI), 72 units to residents earning up to 60% AMI and 38 units to residents earning up to 80% AMI.
Communal amenities include a clubhouse, fitness center, pool, playground, covered patio and EV charging stations. Construction is underway, with completion anticipated in June 2027.
“We have so many folks that are trying to work in this community, whether they’re teachers, hospitality workers, or first responders,” said Dave Eggers, Chair of the Pinellas County Board of Commissioners. “A wide range of folks are looking for housing, a place to call home.”
Lincoln Avenue Communities is one of the nation’s fastest-growing developers, investors, and operators of affordable and workforce housing, providing high-quality, sustainable homes for lower- and moderate-income individuals, seniors, and families nationwide. LAC is a mission-driven organization with a presence in 32 states and a portfolio of 170+ properties comprising 30,500+ units housing 80,000+ residents.

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