GILBERT, AZ – Olympus Property, a renowned real estate investment and property management company, announced the successful acquisition of Aiya, a 360-unit garden-style community nestled in the heart of Gilbert, AZ. Crafted in the image of a high-end resort, this Class A newly developed property is widely regarded as Gilbert’s top retreat and has earned recognition by the National Association of Home Builders as the ‘Best in American Living – Top Multifamily Communities’ (2021).
Olympus Property currently oversees a portfolio comprising approximately 5,000 units spread across 16 Class A properties in the Phoenix metro area. Of these, five are strategically situated in Gilbert, totaling 1,525 units. “Aiya will be an brilliant addition to our existing footprint in one of the best-performing submarkets in Phoenix,” notes Chase Bennett, Olympus Property’s Executive Managing Director. “Our robust presence and extensive experience in the area uniquely positions us to effectively manage the asset in this thriving market and will undoubtedly contribute to the Property’s ongoing success,” adds John Vu, Associate Director of Acquisitions at the company.
Aiya is situated in the heart of the rapidly expanding Southeast Valley, surrounded by both established and emerging economic centers. Within a ±30-minute drive, the Property has access to ±19,000 businesses and ±490,500 employees led by Gilbert’sGateway Employment Area, Elliot Road Technology Corridor, and Central Business District, as well as Chandler’s Airpark and Price Corridor, the state’s leading high-tech corridor. Collectively, this represents the highest compilation of high-tech, finance, and business services employers in Arizona, backed by industry leading companies such as Northrop Grumman, Deloitte, Morgan Stanley, Honeywell, Bank of America, Boeing, Intel (Ocotillo Campus), Wells Fargo, and Liberty Mutual Insurance.
Residents at the community have access to premier lifestyle amenities, including an esteemed school district and proximity to 3.2 million sq. ft. of shops, restaurants, and entertainment, highlighted by the bustling SanTan Village mall.
As a best-in-class community, Aiya pairs clean contemporary aesthetics with environmentally conscious appointments. Common area offerings emphasize luxury and a sustainable lifestyle and include an expansive swimming pool and spa, oversized cabanas, firepit, and a centerpiece water feature. Additional amenities include a spacious covered patio, barbecue grilling stations, open-air social lawn, dog park, and premium fitness center. Units are well-appointed and feature 9′ ceilings, stainless steel appliances, quartz countertops, subway tile backsplashes, wood-style vinyl plank flooring, in addition to full-size washers and dryers.

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CHESHIRE, CT – Blue Vista Capital Management announced the close of its acquisition of a 300-unit Class-A multifamily development in Cheshire, Connecticut. The acquisition was made in partnership with Eastpointe LLC.
The newly bought development project will be comprised of eight 3-tale and one 4-tale garden style apartment buildings. The buildings will offer a range of studio, one, two and three-bedroom options to prospective residents. In addition to the living spaces, the development will feature a 7,500 sf clubhouse with a fitness center, seasonal swimming pool, co-working spaces, an outdoor dog park and a guest suite.
Moreover, the location of the development provides simple commuting between New Haven, Hartford and Fairfield Counties. The development is part of Stone Bridge Crossing, a new master-plotted community which will include for sale townhomes, a retail center hosting national and local retailers, senior housing, restaurants, a hotel, and a gas station.
This acquisition reflects Blue Vista s proven strategy of developing high-quality multifamily in undersupplied markets backed by strong demand drivers, said Brandon Goetzman, Managing Principal and Co-Head of Equity Group at Blue Vista. We are pleased to further our partnership with Eastpointe to deliver modern, large-scale apartments to Cheshire s growing and highly affluent population.
We are pleased to partner with Eastpointe for the third time to deliver a top-tier residential option in Chesire and look forward to continuing to identify value-add multifamily opportunities across the Connecticut market and beyond, said Alexa Weston-Shanahan, Vice President at Blue Vista.
The acquisition represents Blue Vista and Eastpointe s third multifamily investment in Connecticut following the development of The Pointe at Dorset Crossing in Simsbury and The Preserve at Fantastic Pond in Windsor.

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LOS ANGELES, CA – Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles South Bay. Slated to complete in 2025, the LEED Silver, transit-oriented development is located in a high-growth area of the South Bay near major tech, automotive and aerospace employers, including SpaceX, the Tesla Design Center and Ring.
Los Angeles South Bay is quickly becoming one of the most desirable areas in Southern California, and we are looking forward to working with Stockbridge to deliver much-needed residential offerings that will help support the area s rapid population growth and revitalization, said Sean Burton, CEO of Cityview. Apollo will offer highly amenitized residences tailored to the surrounding community.
Located at 12888 Crenshaw Boulevard, Apollo is within five miles of more than 260,000 jobs, two blocks from the Metro Green Line and close to Los Angeles International Airport (LAX), SoFi Stadium, extensive dining and entertainment offerings and some of Southern California s most well loved beaches.
Residents will have the option of studio, one-bedroom and two-bedroom floorplans that feature stainless steel appliances, quartz countertops, luxury vinyl plank flooring, smart thermostats, keyless entry and smart home systems. Turnkey fiber optic internet and Wi-Fi will make strong connectivity throughout the community.
Apollo s comprehensive set of amenities will include a resort-style pool and spa deck featuring loungers, daybeds and sweeping views of the South Bay. For those who work remotely and need a space to collaborate, work and focus, a large CV Works coworking center will offer community workspace, private offices, a conference room and privacy booths for calls. Catering to the area s engineering and aerospace demographic, a maker space will feature a podcast room, 3D printer and other technology-focused amenities.
A state-of-the-art indoor fitness center will be connected to the outdoor strength and stretching area with large folding doors, while an indoor-outdoor community room will feature a custom commercial grade kitchen for community-hosted cooking classes and private as well as semi-private events.
Three lush open-air courtyards will provide everything residents need to connect and unwind, including an entertainment lounge, a pool table, Korean BBQ grills, fire pits, lounge seating, gathering tables and a variety of dining areas.
Apollo will feature a retro futuristic design aesthetic that is inspired by a mix of nostalgic coastal style, laid-back Los Angeles living and bold thoughts for a better future. The largest digital show in the South Bay, a joint public/private partnership with the city, will deliver a mix of advertising and community programming to the neighborhood.
The transit-oriented project will feature ample secure bike lockers and storage, as well as a transit kiosk that facilitates the usage of public transportation by providing information for residents and the surrounding community about the rail and bus schedule. A walk and bike path located directly behind the community further facilitates an simple commute for residents.
Plotted to achieve LEED Silver and FitWel certification, Apollo will be 20-30% more efficient than similar non-green buildings, which will reduce building operating expenses and utility costs for tenants. Its host of sustainable features will include high efficiency windows and HVAC, Energy Star certified appliances, a solar thermal water system that relies on renewable energy, ultra-efficient low flow water fixtures and enhanced indoor air quality.
Construction financing for the project was provided by two long-term lenders of Cityview, City National Bank and Banc of California. Cityview and Stockbridge are partnering with WPIC Construction, AC Martin, Nadia Geller Designs and MJS Landscape Architecture on the project, which is expected to make more than 1,000 jobs.
In addition to Apollo, Cityview s other LA-based developments include The Parker, a 123-unit multifamily development in the heart of Los Angeles, and Belle on Bev, a 243-unit multifamily project in Los Angeles Historic Filipinotown (HiFi), both slated to deliver this year. The firm also recently completed Jasper, a 296-unit opportunity zone project located near Downtown Los Angeles.

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