Henderson Park and Green Room Partners Acquire 288-Unit Pointe Grand Apartments in Savannah Submarket of Port Wentworth

SAVANNAH, GA – Henderson Park, the international private equity real estate firm with US headquarters in Charleston, South Carolina and Green Room Partners, a Charleston-based real estate development and investment firm focused on the acquisition and development of Build-to-Rent, multifamily, and specialty retail properties across the Southeast., have bought Pointe Grand, a 288-unit garden-style multifamily housing community located in the high-growth Port Wentworth submarket of Savannah, Georgia.
Built in 2021, Pointe Grand’s garden style product sits on 36 acres and features modern finishes, including stainless steel appliances, quartz countertops, and white cabinetry. Resident amenities include a swimming pool, fitness center, fire pit, dog park, and valet trash service.
Pointe Grand is located near the intersection of Interstate 95 and Highway 21, within a 30‑minute drive of both downtown Savannah and downtown Bluffton. This prime location provides residents with convenient access to regional employment, retail destinations, bustling nightlife, and the soon-to-be completed Anchor Park.
Savannah benefits from a diverse and expanding economy anchored by the Port of Savannah, with a job market focused on skilled manufacturing and distribution, healthcare, higher education, and tourism. According to Oxford Economics, Savannah’s population, job, and wage growth are all projected to outpace the national average over the next five years.
Henderson Park and Green Room Partners plot to invest in a series of accretive operational and value-add enhancements to the community’s amenities further strengthening its appeal to residents and reinforcing its competitive position within the market.
Nick Weber, CEO and Founder of Henderson Park, commented: “Pointe Grand represents a high-quality, well-located multifamily asset in a submarket benefitting from strong structural growth drivers. Port Wentworth’s proximity to major transportation corridors and employment hubs, combined with Savannah’s expanding and diversified economy, aligns well with our investment strategy. We look forward to partnering with Green Room Partners to do a targeted business plot, enhancing the resident experience while strengthening the community’s long-term performance”.
Rob Tulloch, Co-Managing Partner of Green Room Partners, said: “We’ve been active in the Savannah market for several years, and Port Wentworth stands out as one of the more compelling submarkets in the Southeast today. Pointe Grand is a well-positioned asset with meaningful upside through disciplined, hands-on management. We’re excited to do the business plot alongside Henderson Park, whose institutional capital and global platform couple with an astute operator’s mindset- a differentiator that brings tremendous value to the partnership.”

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Mill Creek Residential Breaks Ground at 240-Unit Modera Allston Midrise Apartment Community in Western Boston Neighborhood

BOSTON, MA – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Allston, a contemporary midrise community in the thriving Lower Allston neighborhood.
Modera Allston, which will feature 240 homes, will offer prime access to the vibrant neighborhood, as well as Harvard’s Allston campus, which includes Harvard Business School and the new Harvard Enterprise Research Campus. First go-ins are anticipated for early 2028.
“The Allston neighborhood has experienced exciting growth and continues to be a sought-after living destination,” said Tim Alexander, managing director of development for Mill Creek. “We’re excited to appeal to that demand with the development of Modera Allston. We’re keen to get started and soon provide a top-of-market option for the area’s current and future residents.”
Located at 250 Everett Street, Modera Allston easily connects to the Mass Turnpike (Interstate 90), which serves as a main gateway to and from greater Boston. The community is also situated less than a mile south of Soldiers Field Road, a major crosstown parkway. Future residents will be within walking distance of the Boston Landing station on the MBTA commuter rail and will have access to a variety of nearby recreational destinations, including Charles River Reservation, a 17-mile urban preserve and activity area along the banks of the venerable river.
Modera Allston will offer studio, one-, two- and three-bedroom homes with select den layouts and private patios or balconies. Community amenities will include a rooftop deck, grilling area, resident clubhouse, speakeasy-inspired lounge with sports simulator, coworking spaces, private workstations and offices, landscaped courtyards, pet spa and a club-quality fitness studio with cardio equipment. The community will also offer controlled-access garage parking with EV-charging stations, ample bicycle storage and a bike repair station.
Homes will feature wood-style plank flooring, stainless steel appliances, quartz countertops, tile backsplashes, movable kitchen islands with storage, custom soft-close cabinetry, in-home washers and dryers and spacious closets. Smart features will include smart thermostats, smart leak detection, bulk WiFi, controlled-access guest technology and key fob access. Designer bathrooms will include tile flooring, double vanities in select homes, backlit mirrors, quartz countertops, custom cabinetry and tile shower surrounds. The community is being built to, and is pursuing, LEED Gold and Passive House Certifications, which include rigorous standards for energy-efficient buildings.

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Senior Lifestyle Completes Recapitalization of North Shore Place and The Sheridan at Eastside Senior Living Communities Totaling 344-Units

CHICAGO, IL – Senior Lifestyle, a leading owner, operator and developer of senior living communities nationwide, announced that it has participated with its capital partners in the recent recapitalization of North Shore Place in Northbrook, Illinois, and The Sheridan at Eastside in Snellville, Georgia. Both communities were developed by Senior Lifestyle and continue to be operated by the company following the transaction.
“This transaction reflects the quality of these communities and our team’s ability to develop and operate at the highest level,” said Jon DeLuca, president and CEO of Senior Lifestyle. “It also allows us to deepen our relationships with two established institutional partners while retaining both communities within the Senior Lifestyle family.”
North Shore Place is a 188-unit helped living and memory care community located in Northbrook, Illinois. Originally opened in 2014 with 156 units, the community expanded in 2019 to meet strong market demand. Elegantly designed and fully amenitized, North Shore Place is widely recognized for the high quality of care it provides to its residents and their families as a premier senior living option in Chicago’s North Shore suburbs.
The Sheridan at Eastside is a 214-unit senior living community located in Snellville, Georgia, a well-established suburban market within the greater Atlanta area. Opened in 2019, the community offers independent living villas and apartments, along with helped living and memory care. Situated on a 15-acre campus surrounding a picturesque five-acre pond, The Sheridan at Eastside supports a broad range of resident needs with Senior Lifestyle’s “Signature Experiences” programming.

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