NEW HAVEN, CT – An affiliate of Hudson Meridian Construction Group, a premier builder and developer of residential and commercial properties in the Northeastern United States, announced that it has obtained construction financing from ACORE Capital and Sculptor Real Estate to fund the development of a 6-tale, 398-unit multifamily community at 201 Munson Street in the growing Science Park section of New Haven. The financing was arranged by Tessera Partners and Capital & Venture Resources. Hudson Meridian also announced that New Haven investor Paredim Partners LLC has joined the Munson development partnership and the firm’s Paredim Communities division will conduct the leasing and management activities upon completion.
This truly extraordinary community will offer a flexible unit mix including 90 studios, and 208 1-bedroom units, 78 2-bedroom units and 22 3-bedroom townhome-style units. Select homes will contain additional “live/work” spaces and many layouts will have outdoor spaces. The project will also feature a richly styled, best-in-class amenity offering, including state of the art clubhouse and fitness center building, sprawling recreational roof deck with several grilling and dining areas, a variety of lounge areas and an outdoor pool with a luxe sun deck and cabana area.
Situated adjacent to the well loved Farmington Canal Heritage Trail and Yale Science Park’s main commercial corridor, this urban infill project will occupy the site of the former Olin Corp. This former manufacturing site had degraded to a seriously contaminated eyesore after sitting vacant for many years. This exceptional residential project will also contribute to the neighborhood’s revitalization and ongoing Science Park redevelopment that has become home to numerous global leaders in the biotech and technology companies, Yale University and not-for-profit organizations serving New Haven communities.
Bill Cote, CEO of Hudson Meridian, said “We are excited to contribute to the brilliant progress being made in the redevelopment of Science Park area with the development of this fantastic new amenity rich apartment community to meet the growing demand for young urban professionals to live, work, and delight in the lifestyle in New Haven. 201 Munson presented a unique set of development challenges that required a skilled execution team and a committed group of investors over the 3-year predevelopment period. We are grateful to our partners, the Lin and Chin families who remained steadfast in their commitment to see this project developed to serve the surrounding neighborhood.”
David Parisier, Managing Director of Paredim Partners, said “Paredim has been an active investor and manager of multifamily communities throughout New Haven since 2003, and we are so excited to be part of delivering this best-in-class community in of one of New Haven’s most vibrant and fastest-growing neighborhoods.”

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CHARLOTTE, NC – Crescent Communities and Pretium announced the closing of land for the development of HARMON Five Points, the fourth build-to-rent (BTR) community under development, and second community in Charlotte, as part of their previously announced joint venture and commitment to invest $1 billion in new single-family build-to-rent communities across 14 key strategic growth markets. Construction for HARMON Five Points is expected to commence in June 2022 with first units slated to be delivered in early 2023.
“We are thrilled to announce our fourth development in partnership with Pretium and our second build-to-rent community in the Charlotte market,” said Tony Chen, Managing Director of Single-Family Build-to-Rent at Crescent Communities. “HARMON Five Points will offer new construction housing supply to the Historic West End neighborhood, and as a result, will provide housing options in an infill setting to accommodate the migration and population growth that Charlotte has experienced over the past several years. This community highlights our commitment to growing strategically in Charlotte, and we look forward to sharing more updates soon.”
HARMON Five Points will be a 76-home BTR community, offering residents the option to rent three-bedroom townhomes with outdoor balconies, private garages, and driveways. Residents will have access to dedicated communal spaces such as a fire pit with outdoor lounge seating and a lawn area for gatherings and pets. The community is adjacent to Five Points Park, located two miles from Uptown, and is walking distance from the Gold Line Streetcar and Stewart Creek Greenway.
“In partnership with Crescent, we have already bought land and are developing four BTR communities in the southern United States, including 323 homes, since forming our joint venture in September,” said Matt Johnston, Managing Director and Head of Build-to-Rent at Pretium. “Crescent Communities shares our commitment to having a long-term, positive impact on our communities by developing new, quality, healthy homes for residents. By continuing to invest in desirable communities like HARMON Five Points, we are offering residents the choice to rent high-quality, single-family homes while increasing the supply of go-in ready homes across the country.”
HARMON Five Points will be located at 360 Seldon Drive, Charlotte, NC and will be built by DRB Group. Additional partners include lender Atlantic Union Bank, landscape architect LandDesign and architectural review by 505Design. Progress Residential, Pretium’s leading single-family rental management services platform, will provide leasing and property management services.

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COLUMBUS, OH – LV Collective, an Austin-based multifamily and student housing developer, announced it has closed on a development located at 222 W. Lane Ave, across the street from The Ohio State University campus. The seven-tale multifamily, student-oriented building will consist of 379 units and 885 beds. The building is scheduled to deliver in fall 2025.
Ideally located, LV Collective s project is a small three-minute walk from the main quads of the university and half a mile from Ohio Stadium. The pedestrian-focused student housing project will also reimagine the Lane Avenue corridor, adding connectivity and activation to the university, restaurants, bars and entertainment nodes.
Our building s location lies at the intersection of academic life and entertainment for The Ohio State University, placing it at the epicenter of the community and within walking distance of the destinations our residents and their guests will frequent, says Chris Johnson, EVP Development at LV Collective. By delivering a high-quality, thoughtfully-designed development with top-tier amenities and sweeping views of the campus, we are providing the perfect location to embrace the academic rigor needed at Ohio State with the balance of lifestyle and experiential pursuits.
The project will consist of five floors of residential units, including spacious two-level townhomes with private at-grade entries. There will also be an indoor-outdoor café at the ground level, including an elevated private study area. Amenities will include a gym with indoor-outdoor fitness areas, a third-tale pool deck with jumbotron and a view of the stadium. The top floor features wellness offerings, including yoga and meditation with expansive southern views over the campus and downtown Columbus.
This is LV Collective s first development in Ohio and adds to the company s growing roster of multifamily and student-oriented buildings across the country. Most recently, LV Collective announced a seven-tale project at 558 West Broad in Athens, GA and a 10-tale, 502-bed project in Gainesville, FL. LV Collective is best known for its successful multifamily, student-oriented developments in Austin, Texas, including The Ruckus, The Ruckus 2.0, Moontower and Waterloo.
OZ is the design firm and Variant Collaborative will work on interior design. Local project partners include Columbus-based landscape architect Realm Collaborative, general contractor Elford, Inc., and the civil engineer E.P. Ferris.
This development epitomizes our investment strategy of finding well-located, institutional quality opportunities within student housing. We are excited to partner with LV to provide a preeminent, pedestrian student housing asset at a high-quality Tier I institution, says Christopher Kott, Director — Acquisitions at Virtus Real Estate Capital.

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