BOULDER, CO – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the sale of Notch66, a 336-unit luxury multifamily community located in Longmont. The Wolff Company, a Scottsdale, Ariz.-based real estate investment and development firm, bought the property through its core-plus acquisition vehicle for an undisclosed price.
Notch66 was developed with equity from Watermark 2021 Development Fund III, LP. Construction started in February 2022 and was completed in June 2024. At the time of sale, Notch66 was 93% leased.
“The successful sale of Notch66 reflects our commitment to delivering thoughtfully designed, high-quality communities in vibrant growth markets like Longmont,” said Josh Purvis, managing partner for Thompson Thrift Residential. “With its proximity to Boulder and Denver, a strong employment base, and exceptional quality of life, Longmont continues to attract top-tier residents. We’re proud of the lasting value Notch66 brings to the community and confident it will remain a desirable place to live for years to come.”
Situated on approximately 18.4 acres at 2514 Main Street and Ute Highway, Notch66 features one-, two- and three-bedroom apartment homes with upscale finishes, including quartz countertops, stainless steel appliances, hardwood-style flooring, full-size washers and dryers, walk-in closets, and private yards and detached garages in select units. Community amenities include a clubhouse with resident gathering spaces, a heated resort-style swimming pool, a fully equipped fitness center, community-wide Wi-Fi and a dog park.
The sale of Notch66 reflects Thompson Thrift’s continued activity in Colorado, where the company has developed 22 communities statewide, including three communities in Longmont.
The transaction was brokered by CBRE, with Shane Ozment, Terrance Hunt, Chris Hart and Brad Schlafer representing Thompson Thrift.
“We had an incredible number of offers for Notch66,” said Shane Ozment, vice chairman for CBRE. “Its position as one of the fastest lease-up communities in Longmont, driven by its premium location and upscale finishes, clearly resonated in the marketplace.”
Over the past 40 years, Thompson Thrift has invested more than $7.1 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing, and management of high-quality real estate projects across the country.

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ATLANTA, GA – ECI Group, with joint venture partner Marcus Partners, announces the off-market acquisition of Riverside Parc Apartments, a seven-building, 280-unit garden apartment community at 1925 Waycrest Drive Southwest, in Atlanta, GA.
“ECI is thrilled to buy Riverside Parc with first-time joint venture partner, Marcus Partners,” said Peter Miklius, Acquisitions Director at ECI Group. “We are optimistic about the future growth prospects at this property and in the Atlanta apartment market in general, as the current oversupply of apartments is absorbed in 2026. The property is approximately 15 years ancient, and in mostly original condition, so we plot to modernize the amenities and unit interiors, which will make the property more enjoyable for the residents and be a long-term benefit to the neighborhood.”
ECI’s modernization plans include renovating the clubhouse and other amenities, adding washers and dryers in all the units, and upgrading the unit interiors, including paint color change, framing of bathroom mirrors, and replacing plumbing fixtures.
Riverside Parc features exceptional access to more than 26,000 jobs in the nearby Fulton Industrial Corridor and is a small drive to Hartsfield-Jackson International Airport, which supports more than 448,000 regional jobs. The surrounding neighborhood contains high-quality residential and retail uses, including the new Sandtown Crossings Shopping Plaza, which includes a Publix, Starbucks, CVS, and the Camp Creek Marketplace, which includes an LA Fitness, Target, Lowe’s, along with other national retailers.
ECI Group has been one of the most highly regarded, privately owned real estate organizations in the United States. The firm is fully integrated, with development, construction, investment, and property management groups that have garnered national recognition for innovation and performance in the multifamily industry.

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BOSTON, MA – Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced the acquisition of Boston Bay and Hope Bay, two adjacent affordable housing properties comprising 133 family units located in the Dorchester neighborhood of Boston, Massachusetts. This acquisition marks HVPG’s entry into the Massachusetts affordable housing market and expands the firm’s footprint across New England.
The properties, located at 205 Magnolia Street (Boston Bay) and 5 Norwell Street (Hope Bay), consist of 20 buildings across two scattered sites originally constructed between 1890 and 1920. Total project costs related to this preservation project are approximately $52.5 million, funded with a Fannie Mae loan provided by KeyBank.
HVPG is plotting approximately $6.4 million in renovations, averaging ~$48K per unit. The comprehensive scope of work will include complete kitchen and bathroom upgrades with water-saving fixtures, energy star appliances, and modern, market rate finishes. There will be additional common area enhancements and upgraded security features added throughout both properties. Additionally, LED lighting will be installed at building exteriors and common areas to enhance resident safety and energy efficiency.
“We are proud to bring HVPG’s preservation platform to Boston and Massachusetts,” said Jason Bordainick, Co-Founder and Managing Partner of Hudson Valley Property Group. “Boston Bay and Hope Bay represent an opportunity to preserve critical affordable housing in one of the nation’s most supply-constrained markets. Our investment will ensure that 133 families can continue to call Dorchester home while benefiting from modernized living spaces and enhanced amenities. We look forward to partnering with the City of Boston and HUD to safeguard affordability and elevate quality of life for residents.”
HVPG secured new HUD Project-Based Section 8 HAP contracts covering 100% of the units which are leased to income-qualified residents. These contracts limit household rental payments to 30% of annual income. As a result of this acquisition rehab, affordability will be extended for an additional 27 years at Boston Bay and 31 years at Hope Bay.
As part of HVPG’s commitment to enhancing quality of life for residents, the firm will implement several community-focused initiatives at both properties. Through a partnership with Pinata, residents will have access to renters’ insurance and credit reporting services that enable them to build credit by reporting on-time rent payments to credit bureaus. HVPG will introduce its signature Community Enhancement Program, which includes the installation of security cameras and access control systems throughout both properties, complemented by continued roaming guard patrols to ensure resident safety. Additionally, HVPG will retain UHM Properties as onsite property management, ensuring continuity of the resident services programming currently offered through their central office.
This acquisition builds on HVPG’s regional expansion strategy and commitment to preserving affordable housing in high-cost markets across the Northeast. The firm currently operates properties across 13 states, with their current portfolio spanning more than 16,300 units nationwide.
SVN Affordable | Levental Realty was the exclusive listing broker for the seller and Jamie Renzenbrink and Gene Levental led the transaction on behalf of the firm.
“It was a privilege to represent the seller’s interest in this transaction, and after multiple rounds of competitive bidding with many qualified buyers at the table, we are pleased the seller selected Hudson Valley as the new owners of Boston and Hope Bay,” said Gene Levental, Managing Director, SVN Affordable. Given the age and construction of the buildings, meaningful renovation can be challenging, but HVPG’s proposed capital plot and financing structure will allow for long-term preservation and affordability of the assets, which was extremely vital to the seller.”

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