Cavan Companies Expands Midwest Platform with 153-Unit The Bungalows at Maple Woods Build-to-Rent Community in Kansas City

KANSAS CITY, MO – Cavan Companies announced its expansion into Kansas City, Missouri with the development of The Bungalows at Maple Woods, a 153-unit single-tale Build-to-Rent community located at the northeast corner of Highway 152 and NE Barry Road in Kansas City’s Northland corridor.
Horizontal construction is projected to start in June 2026, with vertical construction anticipated six to eight months thereafter.
The new community marks a strategic addition to Cavan’s growing Midwest platform and reflects the company’s continued focus on markets demonstrating durable renter demand and disciplined supply pipelines.
Kansas City’s multifamily fundamentals remain steady, with rents growing approximately 3 to 4 percent annually and occupancy near 93 percent. New supply represents roughly 3.4 percent of existing inventory, indicating a measured development environment relative to several high-growth Sunbelt metros.
The 16-acre site is located near Maple Woods Community College and established retail corridors in an area with a median household income of approximately $92,000.
The Bungalows at Maple Woods will feature a mix of one-, two-, and three-bedroom single-tale residences with private fenced backyards, garages, and access to a community clubhouse and fitness center.
“Kansas City represents the type of market where long-term housing demand and economic stability align,” said Norm Miller, Chief Executive Officer of Cavan Companies. “Our approach is centered on building in markets with measured supply growth, strong employment bases, and sustainable absorption trends. We believe Kansas City offers that balance.”
Cavan’s expansion into Kansas City builds upon its existing presence in Omaha, Nebraska, where the company operates two Build-to-Rent communities and is in the process of closing on a third location. The firm’s Midwest growth strategy is focused on building regional density to enhance operational efficiencies and long-term portfolio durability.

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Wood Partners Breaks Ground on 204-Unit Alta Timberline Luxury Multifamily Community in Fast-Growing Houston Submarket of Tomball

HOUSTON, TX – National multifamily developer Wood Partners announced the official groundbreaking of Alta Timberline in Tomball, Texas, a suburb outside of Houston. The 204-unit luxury multifamily community is set to deliver in May 2027.
Alta Timberline sits at the transition between Houston’s urban fabric and the piney woods of Northwest Harris County. The name Timberline is a nod to the surrounding tall pines, wooded corridors and the semi-rural, green character that distinguishes Tomball from inner-loop Houston submarkets.
“This project reflects our commitment to delivering high-quality housing in locations that give residents direct access to community offerings, while also providing premium amenities and thoughtful design,” said Bart Barrett, managing director at Wood Partners. “Tomball continues to see strong demand from consumers who want quick access to Houston while still enjoying a more open, neighborhood-oriented environment. Working alongside the City, we’re looking forward to delivering much-needed housing to the area.”
The seven three-tale buildings will feature a mix of one-, two- and three-bedroom layouts, plus one-bedroom with a study. Each unit has stainless steel appliances, an in-unit washer and dryer, granite countertops, custom cabinetry, designer wood-style plank flooring and walk-in closets. Additionally, the ground-floor units offer a private yard, while upper-level floors feature personal balconies.
Amenities include a clubhouse, a resort-style pool, a shaded outdoor kitchen area with gas grill stations, TV, fans and seating for lounging and dining, two pickleball courts, a dog park, a pet spa, a business lounge, a social lounge, a fitness center and a coffee bar.
In collaboration with the City of Tomball, Wood Partners is advancing a series of access and pedestrian connectivity improvements in the surrounding area. Plans include adding a new sidewalk and pedestrian access gate, connecting Alta Timberline to the existing sidewalk along Lacey Road in front of Blackshear Elementary School, as well as a new median cut and turn lane on Hufsmith-Kohrville Rd. These enhancements provide convenient access to the community’s main entrance and improve traffic flow.

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Henderson Park and Green Room Partners Acquire 288-Unit Pointe Grand Apartments in Savannah Submarket of Port Wentworth

SAVANNAH, GA – Henderson Park, the international private equity real estate firm with US headquarters in Charleston, South Carolina and Green Room Partners, a Charleston-based real estate development and investment firm focused on the acquisition and development of Build-to-Rent, multifamily, and specialty retail properties across the Southeast., have bought Pointe Grand, a 288-unit garden-style multifamily housing community located in the high-growth Port Wentworth submarket of Savannah, Georgia.
Built in 2021, Pointe Grand’s garden style product sits on 36 acres and features modern finishes, including stainless steel appliances, quartz countertops, and white cabinetry. Resident amenities include a swimming pool, fitness center, fire pit, dog park, and valet trash service.
Pointe Grand is located near the intersection of Interstate 95 and Highway 21, within a 30‑minute drive of both downtown Savannah and downtown Bluffton. This prime location provides residents with convenient access to regional employment, retail destinations, bustling nightlife, and the soon-to-be completed Anchor Park.
Savannah benefits from a diverse and expanding economy anchored by the Port of Savannah, with a job market focused on skilled manufacturing and distribution, healthcare, higher education, and tourism. According to Oxford Economics, Savannah’s population, job, and wage growth are all projected to outpace the national average over the next five years.
Henderson Park and Green Room Partners plot to invest in a series of accretive operational and value-add enhancements to the community’s amenities further strengthening its appeal to residents and reinforcing its competitive position within the market.
Nick Weber, CEO and Founder of Henderson Park, commented: “Pointe Grand represents a high-quality, well-located multifamily asset in a submarket benefitting from strong structural growth drivers. Port Wentworth’s proximity to major transportation corridors and employment hubs, combined with Savannah’s expanding and diversified economy, aligns well with our investment strategy. We look forward to partnering with Green Room Partners to do a targeted business plot, enhancing the resident experience while strengthening the community’s long-term performance”.
Rob Tulloch, Co-Managing Partner of Green Room Partners, said: “We’ve been active in the Savannah market for several years, and Port Wentworth stands out as one of the more compelling submarkets in the Southeast today. Pointe Grand is a well-positioned asset with meaningful upside through disciplined, hands-on management. We’re excited to do the business plot alongside Henderson Park, whose institutional capital and global platform couple with an astute operator’s mindset- a differentiator that brings tremendous value to the partnership.”

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