RIVERSIDE, CA – JPI, a leader in the development of Class A multi-family communities, announced that vertical construction has begun on The Exchange at Riverside, which will bring 482 homes to Riverside, California. The milestone was celebrated with a Golden Hammer ceremony on the jobsite.
The three-tale luxury multi-family development will offer 1-, 2-, and 3-bedroom homes to residents as well as several live/work units. The homes will offer energy-efficient stainless-steel appliances and electric ranges, private tiered balconies, 9-foot ceilings, and a full-sized washer and dryer.
Residents will also delight in two resort-style pools accompanied by cabanas and outdoor firepits, an outdoor kitchen, coworking lounges, a state-of-the-art fitness center, a dog park, a bicycle storage and repair room, and electric vehicle charging stations.
“We are very blessed to be welcomed by the Riverside community and are excited about this project,” said Payton Mayes, CEO of JPI. “Every project has a tale, and there are so many people who played a role in the tale of The Exchange at Riverside. We are so grateful for each and every one of you, and are excited to see this project come to life.”
The Exchange at Riverside will provide convenient access to the award-winning downtown Riverside with the Fox Performing Arts Center, Convention Center, UCR Arts, Riverside Plaza, and Mission Inn & Spa. The Exchange at Riverside also offers outstanding access to education, as it is conveniently located close to the University of California Riverside, which boasts over 26,000 students.
Within one mile of The Exchange at Riverside, you can find the historical 209-acre Fairmount Park which includes Lake Evans, Fairmount Lake, and Fairmount Park Golf Course. Also, within 2 miles of the community sits Mount Rubidoux, a 161-acre hill rising above downtown with hiking trails and panoramic views of the city, and the Santa Ana River trail which is being expanded to reach 110 miles from the Pacific Ocean to the mountains in San Bernadino.
The community will be ideal for commuters as the Metrolink Station is located two miles southwest of the property, providing access to various locations in the area including downtown Los Angeles or Irvine in less than 90 minutes. The office for the County of Riverside, the largest employer in the county, is also located 1.5 miles from the community and employs over 23,000 residents.
“This project means so much to the Northside neighborhood,” said Erin Edwards, Councilmember of Ward 1. “I am thrilled that we can celebrate new housing opportunities here in our city. Adding 482 units to our housing inventory does more than just help us reach our housing goals, it shows we have a growing community where neighborhoods can thrive. I look forward to welcoming my neighbors to the community when it’s complete.”

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ATLANTA, GA – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced construction is underway at Modera Westside Trail, a luxury midrise apartment community in Atlanta’s West Midtown neighborhood.
The community, which will feature 373 apartment homes, will sit in a bike-friendly locale that features immediate access to the Westside Trail of the Atlanta BeltLine and the vast contingent of breweries, music venues and eclectic local establishments contained within West Midtown. Modera Westside Trail is also located across the street from the west boundary of the Georgia Tech campus and its new life science incubators and one block south of the new Echo Street West mixed-use development. First go-ins are anticipated for fall 2025.
“The location on Northside Drive is the natural progression of West Midtown moving south with the benefit of an simple escape to Midtown, Downtown and Georgia Tech,” said Patrick Chesser, senior managing director of development in Atlanta for Mill Creek Residential. “As fantastic as the Atlanta Beltline is at stitching together neighborhoods on the east side, the Westside Trail is a game-changer linking landmark mixed-use developments to the Georgia Tech campus and all the Downtown venues. If you’ve ever explored the Beltline by bike, you realize quickly how connected the west side is becoming and how much it has to offer.”
Situated at 576 Northside Drive, Modera Westside Trail will feature stunning 360 views of the Atlanta skyline and contains a superb Walk Score of 87 (considered “very walkable”). Residents will be within five minutes of the thriving employment sectors of Midtown, Atlantic Station and downtown Atlanta, and accessible commuter options include the BeltLine and MARTA. Additionally, well loved athletic venues Mercedes Benz Stadium, State Farm Arena, Bobby Dodd Stadium and McCamish Pavilion are all within a five-minute commute.
Modera Westside Trail will offer studio, one-, two- and three-bedroom homes including 37 Premium Collection homes with upgraded features. Community amenities will include a resort-inspired swimming pool, landscaped pool courtyard with unobstructed views of Midtown, rooftop deck with fire pit and grilling areas, steam room, co-working space, double-height resident clubhouse with shuffleboard, onsite dog park, pet spa and a club-quality fitness center with cardio equipment, yoga studio, TRX system and Peloton bikes. Residents will also have access to digital package lockers, controlled-access garage parking, EV charging stations, loaner bikes, bike repair station, bike storage and additional storage space.
Home interiors will feature nine-foot ceilings, wood plank-style flooring, stainless-steel appliances, quartz countertops, tile backsplashes, gas ranges, walk-in closets, in-home washers and dryers, soaking tubs and tile tub/shower surrounds. Smart features will include Schlage smart door locks, keyless entry, connected smart thermostats, bulk WiFi and mobile-app guest entry. Premium Collection homes will include LED mirrors and additional refined features.

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AUSTIN, TX – Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of The Warner, a 336-unit luxury multifamily community in Round Rock, Texas, a suburb of North Austin. The acquisition marks HGI’s reentry into the Austin Market and expands the firm’s Texas multifamily portfolio, which is comprised of 8,647 apartment units.
The property is 98% leased as of July 2023, demonstrating strong performance and demand for high-quality apartment housing in the Austin market, the country’s fastest-growing city and the tenth-largest city in the United States1.
“Austin has been a priority market for HGI in recent years as the city’s strong business environment has supported healthy long-term multifamily supply and demand fundamentals,” said Yisroel Berg, Chief Investment Officer – Multifamily at HGI. “As an active credit investor in major Texas markets, we were able to leverage our investment expertise and experience. We look forward to continuing to leverage the breadth of our local and national operating platform and investment capabilities to meet the ongoing demand for high-quality housing in the area.”
The Warner is a newly built luxury multifamily community, offering best-in-class in-unit amenities, including stainless steel appliances, walk-in closets, Smart Home keyless entry systems and Smart thermostats. Community amenities include a 24-hour fitness center, resort-style pool and outdoor kitchens, residential lounge, dog park, and a two-tale parking garage equipped with electric vehicle charging stations. Newmark’s Patton Jones facilitated the transaction.
Situated in close proximity to the Texas State Highway 45 and Insterstate-35, The Warner offers residents accessibility to major community and employment hubs. The community is conveniently located near leading technology companies and job opportunities in the area, including Dell’s corporate headquarters, Apple’s expanding Austin campus and Samsung’s semiconductor manufacturing facility, which is scheduled for completion in 2024.

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