Quarterra Announces the Opening of 320-Unit Emblem Riverside Garden-Style Apartment Community in Atlanta Suburb of Douglasville

ATLANTA, GA – Quarterra, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, announced the opening of its newest community, Emblem Riverside, in the Atlanta suburb of Douglasville.
The garden-style community features 320 apartment homes near the Chattahoochee River and Sweetwater Creek State Park offering an unmatched destination lifestyle, and simple access to neighborhood schools, employers and prime transportation routes. Phase II of the community will deliver in September 2023 and includes an additional 105 apartment homes including 25 townhomes.
Emblem communities were made by Quarterra to help address the nationwide shortage of attainable housing available to middle-income renters – making Emblem Riverside’s central location within Atlanta’s top logistics and ecommerce corridor, and immediate connectivity to major job centers throughout Atlanta providing access to over 525,000 workers, is even more vital.
“Atlanta is one of the fastest-growing housing markets in the country, and Emblem Riverside puts residents within simple reach of the city while offering the intimate feel and lifestyle of a suburban community,” said Ray Crocker, Senior Vice President of Development with Quarterra. “The community features the top-flight amenities package and a modern living experience that has become the trademark of the Emblem brand. We’re excited to bring this opportunity to Douglasville, and further enhance an already thriving community.”
Emblem Riverside residents will find convenient retailers and well-known restaurant options located along Thornton Road, with unique dining establishments and boutique shops a small distance away in Downtown Douglasville. Recreational opportunities abound, with Tributary Tennis Center, Chattahoochee River and Sweetwater Creek State Park, with its historic ruins, hiking trails, and camping, boating and fishing at 215-acre George Sparks Reservoir.
Situated at 1551 Riverside Highway, Emblem Riverside affords simple connectivity to Interstates 20 (east-west) and 285 (north-south), as well as local thoroughfares like Fulton Industrial Blvd. and Riverside. The Douglas Connect bus route runs along Riverside Parkway, providing connections to the Marta bus line and the greater Atlanta Metro Area, including neighboring Mableton, Villa Rica and South Fulton. The location also makes quick commutes to quality schools and regional employers like Douglas County, Google, Pepsi, Switch Data, ResMed, Quaker Oats, Wellstar Douglas Hospital and Amazon. Surface parking and rentable garages are available on site.
Part of the re-envisioned next generation of apartment homes by Quarterra – Emblem Riverside consists of one- and two-bedroom apartment homes, ranging from 738 to 1,194 square feet. Phase II will include one, two and three-bedroom homes, ranging from 737 to 1,719 square feet. In-home highlights include go-in ready internet, pendant lighting, quartz countertops on kitchen counters and islands, Whirlpool appliances including washers and dryers, wood-style vinyl plank flooring in living spaces and tiled shower and tub surrounds.
All residents will have access to a pool area with sundeck and seating, outdoor grilling stations, clubhouse with social kitchen, a fitness center, social lounge, outdoor veranda, secure package room and dog run.
Emblem Riverside is Quarterra’s fifth Georgia community, joining Gentry and Vireo in Atlanta, Emblem Grayson in Loganville, and Emblem Conyers, currently under construction, in Conyers.

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Wood Partners Breaks Ground on 186-Unit Nature Inspired Alta Addison Apartment Community Located in Aurora, Colorado

AURORA, CO – Wood Partners, a national leader in multifamily real estate development, announced the groundbreaking of a new project in Aurora, Colorado under the working name Alta Addison. With construction currently underway, the community is set to start pre-leasing at the end of 2023 and open in early 2024.
Located adjacent to E-470 at 7399 South Addison Court, future residents will delight in quick access to major employment hubs including the Denver Tech Center, Buckley Airforce Base and Fitzsimons Medical Campus as well as a direct shot to Denver International Airport. There are several public outdoor and indoor amenities for residents to delight in including the Aurora and Cherry Creek Reservoirs, the Arapahoe County Fairgrounds, Bally’s Arapahoe Park Horse Track, several golf courses, as well as the upscale Park Meadows and Southlands Mall.
“We’re thrilled to officially break ground on our first project in the City of Aurora,” said Walter Armer, Managing Director at Wood Partners. “It was an incredibly collaborative process with the neighbors and City to ensure this not only fit but enhanced the area. We look forward to providing a high-quality, yet attainable housing option that will enable residents to take full advantage of all that Aurora and the surrounding communities have to offer.”
The lead architect for the project, Hord Coplan Macht, designed the exterior of the community with inspiration from the Rocky Mountains. Once complete, the community will offer 186 apartment homes comprised of one-, two- and three-bedroom floor plans thoughtfully designed with families and work from home in-mind. Each home will feature ample space for residents to use as office or flex and be fully outfitted with high-end finishes including stainless steel appliances, quartz countertops, tile backsplashes, 42″ cabinets, full-sized washer and dryers and wood style flooring.
Alta Addison residents will also delight in a variety of amenities located within the community itself. These include a resort-style pool and spa, outdoor grilling stations and game area, bike and ski repair shop, clubhouse with a fitness center, micro-offices and a pet spa. Due to the adjacent wetlands, there will also be three acres of on-site open space featuring walking trails and seating. Wood Partners plans to take full advantage of this space by providing natural education programs like beekeeping and bird watching. The whole project will also be landscaped with native, water-wise plantings.
Residents, along with neighboring communities, will delight in direct access to Red-Tailed Hawk Park and the Denver Metro trail system, which contains hundreds of miles of walking and biking trails and other outdoor amenities. All this thanks to a new trail connection off Addison Court being installed by Wood Partners.
“The most exciting part of this,” Armer said, “is that we are taking an abandoned piece of land and not only enhancing the neighborhood by providing new trail access but also adding much needed housing in such a desirable location. Really a win-win.”

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MG Properties Completes $81 Million Acquisition of 312-Unit Tribeca North Apartment Community in North Las Vegas

LAS VEGAS, NV – MG Properties, a private San Diego-based real estate investor, owner, and operator, is further expanding their presence in the Las Vegas metro with the acquisition of Tribeca North Apartment Homes. This is the first acquisition of 2023 for MG Properties after acquiring 18 properties in 2022 totaling nearly $2 billion.
This 312-unit community offers luxury low-density apartments with an attractive design, resort-style amenities, and functional floorplans with available garages. Tribeca North offers an ideal location providing access to employment centers including over 57 million square feet of industrial buildings in North Las Vegas, the recently approved 2.3 million square feet Helios mixed-use medical campus, and minutes to the Las Vegas Strip.
“We are pleased to be further growing our long-term presence in the Las Vegas metro,” said Jeff Gleiberman, President of MG Properties. “This community is situated in a highly desirable submarket which has experienced exponential population and job growth throughout the past decade.”
In addition to this new acquisition, MG Properties operates over 2,000 units in the greater Las Vegas area and is well-positioned to leverage management efficiencies and benefit from economies of scale.
The seller, The Bascom Group, was represented by Spencer Ballif, Adam Schmitt, and Jannie Mongkolsakulkit of CBRE. The property was financed by a Fannie Mae loan provided by Bryan Frazier and Blake Hockenbury of Walker & Dunlop.

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