Brickstone Partners Acquires Full Ownership of 371-Bed The Lodge at Boulder Student Housing Community Serving The University of Colorado

BOULDER, CO – Brickstone Partners, a full-service real estate investment and development firm based in Franklin, Tenn., announced that CEO Daniel Otis has bought complete ownership and control of The Lodge at Boulder, a luxury 371 bed student housing community located at 2900 E. Aurora Avenue in Boulder, Colo and serving the University of Colorado Boulder. Cornerstone, Otis’ family office, played an instrumental role in acquiring the membership interest previously held by Deutsche Finance America (DFA).
“The Lodge has been a mainstay of our student housing platform in Boulder for many years, and we remain committed to providing exceptional living experiences for the University of Colorado students,” Otis said. “Completing this transaction allows us to continue investing in both the asset and the entire community with a long-term perspective.”
The acquisition of the 220-unit community represents a strategic consolidation of ownership and further aligns lasting control of the asset with Brickstone’s operations. The transaction follows the successful 2022 refinancing of a broader Boulder student housing portfolio—including The Lodge at Boulder—with financing co-originated by Blackstone Real Estate and Clarion Partners in a portfolio recapitalization valued at more than $180 million.
Since acquiring the property in 2015, Brickstone Partners and Otis have overseen significant value creation at the community. The investment was recapitalized in 2019 through a joint venture between Brickstone and DFA and later included in the 2022 portfolio refinancing. At the time of the recapitalization these assets had generated internal rates of return in excess of 30 percent.
The Lodge at Boulder has undergone extensive renovations, including upgraded unit interiors, a redesigned clubhouse, enhanced common areas and mechanical system improvements. The community continues to be recognized as one of the leading student housing options in the market, driven by its proximity to the University of Colorado Boulder campus and its high-quality amenity offerings.

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Lincoln Avenue Communities Breaks Ground on New 144-Unit Olea on 126 Affordable Housing Development in Southwest Florida Market

LARGO, FL – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on Olea on 126 Apartments, a new 144-unit affordable housing complex for families in Largo, Florida, marking LAC’s latest ground-up construction project in Southwest Florida.
“Olea on 126 addresses a critical need in Pinellas County by providing quality housing options for families across multiple income levels,” said Jordan Richter, LAC Vice President and Regional Project Partner. “LAC is excited to bring a development to Largo that combines affordability with quality amenities that help families thrive and build community connections.”
Olea on 126 will feature a mix of two-, three- and four-bedroom apartments across three four-tale buildings. The community will lease 35 of its units to residents earning up to 40% of the area median income (AMI), 72 units to residents earning up to 60% AMI and 38 units to residents earning up to 80% AMI.
Communal amenities include a clubhouse, fitness center, pool, playground, covered patio and EV charging stations. Construction is underway, with completion anticipated in June 2027.
“We have so many folks that are trying to work in this community, whether they’re teachers, hospitality workers, or first responders,” said Dave Eggers, Chair of the Pinellas County Board of Commissioners. “A wide range of folks are looking for housing, a place to call home.”
Lincoln Avenue Communities is one of the nation’s fastest-growing developers, investors, and operators of affordable and workforce housing, providing high-quality, sustainable homes for lower- and moderate-income individuals, seniors, and families nationwide. LAC is a mission-driven organization with a presence in 32 states and a portfolio of 170+ properties comprising 30,500+ units housing 80,000+ residents.

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Hamilton Zanze Acquires 320-Unit Fairways on Green Valley Apartment Community in Las Vegas Submarket of Henderson, Neveda

LAS VEGAS, NV – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sponsored the buy of Fairways on Green Valley, a 320-unit garden-style community in Henderson, Neveda.
Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the community, which is located in the charming Green Valley South neighborhood and adjacent to The Legacy Golf Club.
“We’ve long admired the Henderson submarket, and we’re very excited to re-enter the market at a time when we see so much upside,” said David Nelson, president and chief investment officer at Hamilton Zanze. “Given the minimal supply, diverse employment base and resilient renter demographic, rental fundamentals in Green Valley South are and will continue to be extremely compelling. Fairways on Green Valley represents a fantastic opportunity to re-enter the market through a well-maintained, institutionally-operated asset in a fantastic location poised for consistent and substantial value appreciation.”
Situated at 1851 N Green Valley Parkway, Fairways on Green Valley features one- and two-bedroom homes ranging from 725 to 1,035 square feet. Built in 1990, the community sits moments north of the Las Vegas Beltway (Interstate 215), which serves as the gateway to the greater Las Vegas area. The Beltway connects to the Purple Heart Highway (I-11) to the west and key thoroughfare I-15 to the east.
Community amenities at Fairways on Green Valley include a resort-style swimming pool, spa/hot tub, barbecue/picnic area, resident clubhouse, business center, game room, golf simulator, indoor sports court, soccer field and onsite fitness center. The community also features limited-access gated entry and covered parking.
Homes feature stainless steel appliances, granite countertops, gas stoves, fireplaces, in-home washers and dryers, large closets, ceiling fans, Roman bathtubs, air conditioning and private patios or balconies. Select homes feature views of the desert, golf course or pool area.
The transaction represents Hamilton Zanze’s first sponsored acquisition of 2026. The company sponsored seven acquisitions in 2025.

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