SEATTLE, WA – GT Capital and Freestone Capital Management announced the acquisition of Lock Vista Apartments, a 192-unit multifamily community located in Seattle’s historic Ballard neighborhood.
Lock Vista marks the firms’ second acquisition together, following their 2024 buy of the iconic Smith Tower and Butler Garage in downtown Seattle. Both firms bring extensive experience investing across commercial and residential real estate in the Pacific Northwest and beyond.
“We’re thrilled to continue our partnership with GT Capital with Lock Vista. Lock Vista is a rare combination of character and location,” said Jason Mann, Partner at Freestone. “Ballard continues to attract high-income renters seeking access to waterfront amenities and proximity to the city’s major employers. This investment offers both immediate income and meaningful long-term growth potential for our investors.”
Originally built in 1949, Lock Vista is located just four blocks from downtown Ballard and steps from the Burke-Gilman Trail, providing exceptional walkability and convenient transit access to South Lake Union, Downtown Seattle, and the University of Washington. The surrounding area continues to benefit from strong job and population growth, driven by Seattle’s expanding technology, healthcare, and life sciences sectors.
The community features a classic brick façade, open courtyards, and views of Puget Sound and the Olympic Mountains, contributing to its enduring appeal and high resident retention. Between 2018 and 2021, the property underwent a comprehensive $13 million renovation, including modernized kitchens and baths, full electrical and plumbing upgrades, and enhanced resident amenities such as a fitness center, pool, bike room, and clubhouse.
Freestone and GT plot to continue operating Lock Vista as a well-managed apartment community while pursuing opportunities to enhance operational efficiency and environmental performance.
“Lock Vista combines the cool of neighborhood living with urban amenities at the doorstep, making a place residents want to stay for years. This is a rare opportunity to invest at scale in one of Seattle’s most desirable areas—and we couldn’t be doing it with a better partner than Freestone,” said Charlie Bauman, Partner at GT Capital.

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TAMPA, FL – Carter, a leading Atlanta-based real estate development company, announced its role as co-developer for Prospect Highland Oaks, a new 324-unit luxury apartment community in Tampa, Florida. This garden-style project, being developed in partnership with Brook Farm Group, will address the growing demand for high-quality housing in the thriving Brandon submarket.
“We are thrilled to bring Prospect Highland Oaks to the Tampa community,” said Jerome Hagley, COO/CFO of Carter. “This project exemplifies our dedication to delivering thoughtfully designed developments that not only meet the needs of today s residents but also positively impact the neighborhoods we serve. Together with our partners at Brook Farm Group, we look forward to contributing to Tampa s remarkable growth and vitality.”
Carter s experience in Florida is underscored by notable projects, including NINE15, a luxury mixed-use community in downtown Tampa; The DeSOTA, a premier apartment tower in Sarasota; Prospect Lake Wire, a sophisticated new Class-A multifamily anchored mixed-use development in historic Lakeland; Tale Wesley Chapel, a 320-unit luxury apartment community in Wesley Chapel; and Tale Lake Gibson, a 300-unit luxury apartment community in Lakeland. These developments reinforce Carter s commitment to delivering innovative, high-quality communities throughout the state and the greater Southeast region.
Located less than half a mile from the I-75 and Route 574 interchange, Prospect Highland Oaks will offer residents exceptional access to Tampa’s central business district and other key employment centers. The site is strategically positioned within one mile of the regional headquarters for JP Morgan Chase and Citigroup, which together use over 7,500 professionals. This proximity provides a convenient, walkable commute for employees of these major corporations.
The development is poised to capitalize on Hillsborough County’s strong in-migration and macro growth trends. The east side of Tampa has seen limited new multifamily supply, positioning Prospect Highland Oaks to meet growing demand in a market with minimal competition. The project team includes equity partners Mill Green Capital and Fundrise, construction lender Ameris Bank, general contractor Oxford Properties and project architect Preston Partnership.
This development underscores Carter’s commitment to making high-quality, strategically located residential communities that enhance their surrounding areas. By providing modern living spaces with unparalleled commuter access, Carter continues to contribute to the dynamic growth of markets like Tampa.

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DALLAS, TX – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, today announced the financial closing and groundbreaking of Camp Wisdom, a 360-unit market-rate community in Southwest Dallas. Strategically located at the corner of W. Camp Wisdom Road and Clark Road, the development is designed to help address Dallas growing rental affordability crisis. The new community will serve the city s essential workforce, providing high-quality housing options for teachers, nurses, city employees and university staff, all within close proximity to major job centers, educational institutions and healthcare facilities.
While Dallas is one of the fastest-growing cities in the country, its essential workers – the individuals keeping our schools, hospitals and neighborhoods running – are being priced out of the communities they serve, said Alena Savera, Vice President of Development at The NRP Group. Camp Wisdom will bridge that gap by offering high-quality housing with accessible rents for middle-income earners. We re proud to be part of a solution that supports the city s growth while preserving its workforce.
Camp Wisdom s 360 units comprise a mix of 180 one-bedroom units and 180 two-bedroom residences ranging from 860 to 1,080 square feet. Each home includes stainless steel appliances, in-unit washer and dryers and walk-in closets. The new community will offer residents convenient access to major highways, including U.S. Highway 67 and Interstate 20, connecting residents to downtown Dallas in under 25 minutes.
The site is just minutes from Dallas Baptist University to the north and is surrounded by major employment hubs including the Mountain Creek Industrial Park, home to companies like Costco, Ulta and Chewy. The area is known for its rolling hills and abundant green space, making it one of the more scenic areas to build in Dallas. Additional nearby employment and healthcare hubs include the UT Southwestern Medical Center at RedBird, Methodist Charlton Medical Center and the Redbird Workforce Center. Residents will also delight in proximity to Mountain Creek Lake and Joe Pool Lake, as well as nearby parks and trails that support an active, outdoor lifestyle.
Camp Wisdom is a thoughtfully designed community that prioritizes accessibility and long-term value for residents, said Chris O Neill, Executive Vice President of Development at The NRP Group. It reflects our mission to make exceptional rental opportunities and build trust through high-quality housing that strengthens neighborhoods and improves residents quality of life.
Residents of Camp Wisdom will delight in a thoughtfully curated amenities package designed to support working professionals and growing families. Building amenities include a state-of-the-art fitness center, a resort-style outdoor pool, grilling stations, outdoor game areas and a dog park.
Camp Wisdom is less than a mile away from The NRP Group s new, mixed-income development, Ascent at Mountain Creek – a 324-unit community that opened in April. Roughly 50% of the residences are reserved for families earning up to 80% or below the Area Median Income (AMI).
The Dallas-Fort Worth metro area remains a priority market for The NRP Group. The firm has developed over 7,000 units across more than 30 properties in the region, and recently celebrated the grand opening and/or groundbreaking of the following housing developments in the area: Diamond Flats, a newly delivered 331-unit luxury community in Carrollton; Jackson Road, a luxury 370-unit multifamily community; Cora, a 340-unit mixed-income housing community in Anna, Texas; Sutton Flats, a 300-unit market-rate multifamily community in Howe, Texas; The Whitley, an upscale 330-unit multifamily community in Princeton, Texas.
Wintrust Commercial Real Estate provided construction financing for the development. Camp Wisdom broke ground in November, with completion estimated for Q3 2027.

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