Cantor Fitzgerald and RPM Living Acquire 380-Unit Biscayne Shores Waterfront Multifamily Community in North Miami Submarket

NEW YORK, NY – Affiliates of Cantor Fitzgerald Asset Management ( CFAM ), the investment and asset management division of Cantor Fitzgerald, a leading global financial services and real estate services holding group, and RPM Living, one of the nation s premier multifamily property management and investment companies, announced the acquisition of Biscayne Shores from Integra Investments through a joint venture.
Biscayne Shores is a newly constructed, luxury waterfront multifamily community located in North Miami, Florida. The eight-acre property, completed in 2024, was developed by Integra Investments, a Miami-based real estate investment and development firm, in partnership with Andrew Korge of Korgeous Group and David Larson of DCL Capital.
This transaction is the latest successful collaboration between CFAM and RPM Living Investments following acquisitions across key growth markets including Dallas, Denver, Houston, Orlando, and Tampa. Biscayne Shores represents a significant addition to the partners growing portfolio of high-quality assets in dynamic, growth markets. The community features a high-rise multifamily tower and townhome villas in a desirable location that provides access to major employment centers and core lifestyle destinations.
We believe Biscayne Shores is well-positioned to benefit from the favorable demographic trends and strong demand drivers shaping the Miami market, underscoring the long-term appeal of high-quality multifamily assets in the region for institutional investors, said Chris Milner, CIO, Real Assets at CFAM. This acquisition exemplifies our investment strategy of sourcing high-quality multifamily properties in dynamic, growth-oriented markets.
Biscayne Shores sets a new standard for luxury waterfront living in North Miami, said Hank Farrell, CEO of RPM Living Investments. Residents will benefit from thoughtfully curated amenities, modern design and convenient access to all that South Florida has to offer.
The transaction marks the successful sale of Biscayne Shores by Integra Investments and its partners, following the firm s delivery of the project as part of its broader strategy focused on residential and mixed-use developments across South Florida. Terms of the transaction were not told.
We are proud to bring Biscayne Shores to market and deliver a project that reflects the continued growth and demand we are seeing across North Miami, said Nelson Stabile, principal at Integra Investments. We remain bullish on this submarket, and this transaction reflects the strength of the fundamentals driving it.

Powered by WPeMatico

Morrison Avenue Starts Construction at Hilltop Athens Student Housing Community Near The University of Georgia Campus in Athens

ATHENS, GA – Morrison Avenue Capital Partners, a real estate investment firm specializing in multifamily and student housing development and acquisitions in the Southeast, announced the recent closing and construction start of Hilltop Athens, a new 222-bed purpose-built student housing community in Athens, Ga. The project aims to address increasing demand for quality student housing in the area.
Located within a mile of the University of Georgia campus and downtown Athens at 218 North Avenue, Hilltop Athens offers a combination of luxury townhomes and garden-style flats as well as community amenities including a clubhouse, fitness center, pool, and grilling pavilion. Floor plans range from one to four bedrooms and feature luxury countertops, stainless steel appliances, in-unit washer and dryers, high-speed internet, smart-home technology, and private outdoor space.
The project builds on Morrison Avenue s momentum with the Hilltop brand, with Hilltop Auburn in Auburn, Alabama currently under construction and fully preleased for the 2026-2027 academic year.
We look forward to delivering this community to meet the needs of the growing University of Georgia student population, said Hansen Babington, partner at Morrison Avenue Capital Partners. We re committed to providing an unmatched student housing experience to residents who desire design-forward spaces that are walkable to campus.
Construction at Hilltop Athens is underway led by Athens-based Cloverleaf Construction. Local property manager, CollegeTown Properties, will manage the property. Renasant Bank provided debt financing. Hilltop Athens is set to be delivered ahead of the fall 2027 semester.
Morrison Avenue Capital Partners is a real estate investment firm specializing in multifamily and student housing development and acquisitions in the Southeast. The company s tenured team leverages a data-driven approach to unlock actionable opportunities and deliver superior risk-adjusted returns to investors. Founded in 2012, Morrison Avenue has approximately $900 million in assets under management.

Powered by WPeMatico

Guardian Completes $63 Million Acquisition of 332-Unit Ladd Tower Residential High-Rise Rental Community in Portland’s Urban Core

PORTLAND, OR – Guardian, a Pacific Northwest-based multifamily owner, operator and developer, has bought Ladd Tower, a 23-tale, 332-unit residential high-rise located at 1300 S.W. Park Avenue in Portland, Oregon. The deal was completed in partnership with PCCP for $63 million.
The Ladd Tower acquisition reflects Guardian’s conviction in Portland s urban core. With institutional capital broadly retreating from downtown markets, Guardian’s continued confidence in high-quality, well-located urban housing positioned the firm to buy this asset at a highly attractive basis.
Built in 2009 and LEED Gold certified, Ladd Tower includes more than 255,000 square feet of residential space and a full suite of amenities, positioning it competitively within the downtown high-rise segment. The property s location along the South Park Blocks provides immediate access to retail, dining, cultural institutions and major employment centers.
Guardian plans to implement an $8 million capital improvement program over the next three years, focusing on modernizing unit interiors and enhancing amenity spaces to align with evolving renter needs. The value-add strategy is designed to increase net operating income and further strengthen the asset s position within the Portland urban core market.
We view this as a strong investment opportunity with clear upside through targeted reinvestment, said Tom Brenneke, President of Guardian. Ladd Tower offers the scale, location, and construction quality that should drive outperformance as Portland’s downtown continues to recover. We are focused on disciplined execution to deliver long-term value for our partners.
This marks Guardian’s third partnership with PCCP in the past four years, reflecting a deepening relationship around high-conviction Pacific Northwest investments, particularly in supply-constrained, high-barrier urban markets.
The acquisition expands Guardian s portfolio and aligns with the firm s broader strategy of acquiring and repositioning institutional-quality assets with strong long-term fundamentals across the region.
Guardian is a vertically integrated real estate investment and operating platform focused on the acquisition, preservation, development and long-term ownership of multifamily housing across the western United States.

Powered by WPeMatico