FORT COLLINS, CO – The Milestone Group completed two Class A Intermountain region acquisitions, purchasing Bucking Horse Apartments, a 322-unit, garden-style multifamily community within the 160-acre Bucking Horse master-plotted community in Fort Collins, Colorado, and Prelude at Paramount, a 280-unit garden-style multifamily community in Meridian, Idaho, a rapidly growing suburb of Boise. The buy prices were not told.
“Bucking Horse Apartments features highly sought-after amenities, numerous recreational options, and exceptional access to regional employment centers. The Fort Collins market is characterized by strong fundamentals for growth, high barriers to entry, and 95% market occupancy with limited supply in the pipeline,” said Milestone Vice President of Acquisitions Rich Ritter. Ritter continued, “Prelude at Paramount provides significant enhancement potential in one of the most dynamic growth corridors in the Mountain West, supported by exceptional demographic and economic momentum. Acquiring the asset at a basis well below replacement cost makes an attractive entry point that, when combined with our value-enhancement business plot, positions the property to capture long-term demand and appreciation. These acquisitions provide us portfolio exposure to two suburban markets experiencing strong demographic tailwinds fueled primarily by domestic migration and outsized job growth in tech, medical, and educational sectors.”
Bucking Horse Apartments: The Fort Collins region continues to attract capital investment with accompanying job creation, including Marvel Fusion’s $150 million laser research facility, a 3.5 million square foot Amazon robotics facility, Colorado State University’s Future Technology building, and the expansion of the existing USDA facility, as Fort Collins was named a regional hub city for the reorganized agency.
Bucking Horse Apartments was designed specifically to encourage neighborhood living, with low-density garden-style buildings built to homebuilder-quality construction standards. The community’s one-, two-, and three-bedroom units, and three-bedroom garage townhomes, are surrounded by single-family homes averaging $800K, delivering a unique and highly attractive product in a walkable and richly amenitized community.
Prelude at Paramount: Located within Boise’s thriving rental market, Meridian is one of the fastest-growing cities in the region, having experienced more than 20% population growth since 2020. The Boise/Meridian area boasts a diverse and growing economy and serves as a regional hub for technology, healthcare and education, which have driven strong job growth and low unemployment. Prelude at Paramount enjoys direct access to top schools, retail centers, employment hubs, and transportation corridors.
The 2018-vintage asset was designed for modern, efficient living in a resort-style community. One-, two-, and three-bedroom units feature smart home technology and recently renovated common area amenities.

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ARDMORE, PA – Piazza Property Development Company and Radnor Property Group announced the start of construction of The Piazza at Ardmore, a $187 million new mixed-use, multi-family housing and retail project at 100 Lancaster Avenue in Ardmore, Pennsylvania. The Piazza at Ardmore will bring 270 apartments, nearly 30,000 square feet of street-living retail space, and 480 parking spaces to Ardmore’s business district, 108 of which will be for public use.
The site is owned by Daniel Piazza Esquire and The Piazza Family who currently operate an Acura dealership. In January 2025, Dan Piazza Esquire selected Radnor as his developer to undertake the pre-development and development process.
“Radnor is delighted to expand our multi-family portfolio expertise to Ardmore, one of Philadelphia’s finest suburban communities to live and work,” said David Yeager, Radnor’s CEO & Managing Partner. “Through collaboration with ownership, The Piazza at Ardmore is a tremendous opportunity to carry on the area’s momentum and growth, enhancing its vibrancy and economic prosperity for the future.”
The project is part of a transit-oriented development at the Amtrak/SEPTA Rail station, bringing greater density and walkability to the downtown. Located adjacent to the Ardmore train station—the area’s busiest stop for regional SEPTA trails—and within walking distance of the Suburban Square Shopping Center, Ardmore Farmer’s Market, Ardmore Music Hall, and Trader Joe’s, The Piazza at Ardmore is ideally situated to make a right sense of place.
Amenities for The Piazza at Ardmore will include covered public and private parking, a community lounge, gaming room, media room, demo kitchen, co-working space, fitness center, an outdoor pool, and over 19,000 SF of outdoor courtyard space. The target retail tenants include a mix of food and beverage, health and wellness, and specialty retail uses.
“The groundbreaking of this project represents an exciting milestone for Piazza and the community of Ardmore,” said Daniel Piazza Esquire “This development has long been in the works, and we’re thrilled to be engaged with Radnor to bring The Piazza at Ardmore to fruition and deliver a truly fantastic live-work-play environment.”
This project illustrates the concerted effort between Radnor and Piazza in delivering a thoughtful, responsive, and elevated community. The team worked closely with Lower Merion Township and the Ardmore Initiative, the community’s Business Improvement District, to engage with stakeholders, ensure ample parking and walkability, and make pedestrian-friendly spaces where people can congregate.
“We hope that The Piazza project will bridge the years-long connectivity challenge between Haverford College and downtown Ardmore,” said Alec Hersh, Executive Director of the Ardmore Initiative. “The Piazza at Ardmore is another huge piece in the puzzle of making Ardmore the Main Street of the Main Line.”

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RALEIGH, NC – Elevest Capital, a boutique private equity firm specializing in multifamily real estate, announced the successful completion of Fund 63 with the acquisition of a 97-unit B+ class multifamily property located in the Raleigh-Durham MSA, in partnership with Rise48 Equity. This latest acquisition underscores Elevest Capital’s continued dedication to sourcing high-quality assets that offer strong investment potential and enhance communities.
Built in 1987, the asset is well positioned within a strong submarket of one of the Southeast’s fastest-growing metropolitan areas. The property offers compelling value-add potential through unit renovations and targeted amenity enhancements. It currently benefits from healthy occupancy levels and is supported by robust fundamentals, including an expanding job base, continued population growth, and sustained rental demand.
“Our ability to successfully close Fund 63 demonstrates the ongoing strength of our investor base and their confidence in our investment strategy,” said Adam Williams, Founder & CEO of Elevest Capital. “The Raleigh-Durham area continues to attract residents and businesses alike, making it a compelling addition to our portfolio.”
To drive long-term value and enhance the resident experience, there are extensive plans to do a comprehensive renovation program focused on upgrading unit interiors, installing in-unit washers and dryers, and enhancing community amenities. These strategic improvements are intended to increase occupancy, support rental growth, and maximize investor returns.
“This acquisition reflects our commitment to identifying high-quality assets with strong value-creation potential,” said Dana Williams, President of Elevest Capital. “By executing a strategic renovation plot and applying proven management expertise, we believe the property is well positioned to deliver long-term benefits for residents while generating attractive returns for our investor partners.”

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