DAVENPORT, FL – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, announced its second Ltd. branded apartment community, Ltd. Champions Ridge, in Davenport, Florida, is now welcoming go-ins. The Ltd. brand exclusively focuses on Greystar’s essential housing product, delivering more attainable housing opportunities for key populations affected by the lack of rental options in the Orlando metro area and across the country as more Ltd. communities come online.
“Ltd. Champions Ridge addresses the incredible need for attainable housing both in the Orlando area and throughout the United States,” Parker LeCorgne, Director of Development at Greystar, said. “We are excited to bring the Ltd. brand and the new rental experience here to Davenport by providing much-needed housing supply that offers an attainable, high-quality experience for renters. We are proud to be able to do this for the benefit of our community, including essential workers such as teachers, nurses, and first responders. So far, the response has been tremendous. Ltd. Champions Ridge was 60 percent pre-leased before final walkthroughs and all available apartments have been rented.”
The apartment community has one-, two- and three-bedroom floorplans that range from 798 sq. ft. to 1,245 sq. ft. While the rents will be lower than typical multifamily housing in the area as a result of efficiencies in construction, technology, and the operating model, Ltd. Champions Ridge boasts similar quality construction, amenities, and experience of a traditional Greystar community.
Ltd. Champions Ridge, like all Ltd.-branded communities, will have standard amenities appropriate for their location, including community pools and gyms, among other options. Additionally, cutting-edge technology packages in multi-family will be included in each Ltd. community and apartment, with property-wide high-speed internet, smart locks, and resident apps that streamline everything from maintenance requests to guest access. This package of amenities and innovative technology helps to set Ltd. communities apart from most of the existing attainable supply in the United States.
“Our Ltd. brand is Greystar’s solution to the lack of housing supply for the middle of the market,” said Scott Berka, Senior Managing Director, Brand and Customer Experience at Greystar. “Champions Ridge is just the latest example of our commitment to delivering rental housing that combines the opportunity to live in a professionally managed Greystar community with the promise of limited future rent increases while living in an Ltd.-branded property.”

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NORTH SAINT PAUL, MN – Tareen Development Partners announced the groundbreaking of the highly anticipated Article No. 7 project, an 82-unit apartment complex located on the corner of 7th Ave., East and Helen Street in North Saint Paul, Minnesota. The groundbreaking ceremony marked a significant milestone for the development and the community.
Article No. 7 aims to revitalize the North Saint Paul neighborhood by providing modern, high-quality housing options for residents. With its prime location and thoughtful design, the complex will offer a comfortable and convenient living experience for individuals and families alike. The name Article No. 7 is a nod to the original newspaper building (The Lillie Suburban Newspaper) and the No. 7 signifies an abbreviation for North and 7th Ave where the building is located.
“We are excited to break ground on the Article No. 7 project and contribute to the growth and enhancement of the North Saint Paul community,” said Basir Tareen, Founder of Tareen Development Partners. The 82-unit apartment complex will feature a mix of one and two bedroom units. Each apartment will be thoughtfully designed with modern finishes, spacious layouts, and an array of amenities to ensure a comfortable and enjoyable living experience. Residents will have access to on-site (below ground) parking, a fitness center, community spaces, and more.
TDP is proud to collaborate with Bauer Construction and Momentum Design, Sail Management and the City of North St Paul on this project. The building is expected to be completed in Fall of 2024.

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CHARLOTTE, NC – The Milestone Group announced its acquisition of The Weathersby Apartments, a 180-unit, fully renovated, market-rate multifamily community at 8415 University Station Circle in Charlotte, NC. The buy price was not told.
The Weathersby features modern two-, three- and four-bedroom apartments strategically located between two major job centers in North Charlotte. The community is located right off W.T. Harris Blvd and proximate to Uptown Charlotte, University City, and Northlake, with simple access to numerous shopping, restaurants, and other service retail.
Community amenities include a swimming pool with a bi-level sundeck, a clubhouse, a 24-hour fitness center, a dog park, an outdoor kitchen, and picnic spaces. The modern, fully renovated and updated residences include quartz countertops, white cabinets, tile backsplashes, stainless steel appliances, faux-wood plank flooring throughout, custom closets, and washers and dryers in every unit.
“We are excited to add this fully-renovated community to our portfolio,” said Milestone Vice President of Acquisitions, Jason Wise. “Our team was able to efficiently source and do this direct off-market acquisition and assume the existing financing, benefitting both Milestone and the seller by avoiding the loan prepayment penalty.”
The Milestone Group is a leading, privately held real estate investment management firm with strong expertise and focus on value-add multifamily assets in major metropolitan markets of the United States. Founded in 2003, Milestone has made trust and confidence with its investors through successfully navigating multiple economic cycles across over $9 billion of multifamily investments totaling more than 90,000 units.

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