Deeply Affordable Housing Project Welcomes Individuals Experiencing Homelessness During the Coronavirus Pandemic

PORTLAND, OR – Transition Projects announced the completion of Argyle Gardens, 72 units of deeply affordable housing. Argyle Gardens is open for low-income Portlanders and those formerly experiencing homelessness. More than half of the units have been leased and programming has begun with residents. During this time of global hardship, Transition Projects is providing new units of housing for those who need it most.
Argyle Gardens is located in North Portland and features an innovative, modular design, that offers the opportunity to live independently while engaging in community-building activities and supportive services. A co-housing approach, small unit sizes, and modular construction contributed to achieving development costs that were 31% lower than typical affordable housing projects.
Based in the thriving Kenton community, Argyle Gardens is situated close to light rail, a public park, bus lines, a vibrant downtown and commercial shopping areas. The project consists of four buildings oriented around a central outdoor space accessible for individual or community use. The largest building contains 36 studio apartment units. A large community space that includes laundry facilities and support service offices serves as a central hub and communal gathering space for all residents. Each of the three co-housing buildings are based on a single room occupancy (SRO) model and feature two six-bedroom pods, each of which has two shared bathrooms and a large kitchen.
The project was inspired by the needs of people emerging out of homelessness. Portland firm Holst Architecture designed Argyle Gardens. The design contemplates the needs of low-income renters, including entry-level workers, students, and single adults nearing or in retirement. The development team named their approach LISAH, or Low Income Single Adult Housing, which is a highly flexible approach that can be adapted for use by different populations. Additionally, Argyle Garden’s modular approach works within the existing Portland zoning code and can adapt to any area that allows duplexes or additional density.
Resident Service Coordinator Wyndham McNair is starting a gardening club, hosting cooking demonstrations, and reaching out to residents to ensure that they feel supported during the transition to permanent housing. He sees his role as “a community steward, cultivating relationships and trust to ensure that residents of Argyle Gardens feel cared for as they take the next step in their lives.”
Made possible by low income housing tax credits (LIHTC) from the State of Oregon, the design of this project aims for maximum impact for minimal cost. Transition Projects and the project partners involved in bringing Argyle Gardens to life believe that the concepts behind this project will play an vital role in helping address our area’s tremendous gap in the supply of affordable housing.
George Devendorf, Transition Projects Executive Director, emphasizes that these concepts can be replicated in nearly any community and offer, “a compelling case for innovative, low cost solutions that meet the need of the individuals we serve.”

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Watercrest Senior Living Group and Titan Development Celebrate Opening of Assisted Living and Memory Care Community

VERO BEACH, FL – The leadership team of Watercrest Senior Living Group and Titan Development Real Estate Fund I announced the opening of Watercrest Winter Park Helped Living and Memory Care. The 107-unit, resort-style senior living community is now welcoming its founding residents to their new home in gorgeous Winter Park, Florida.
Watercrest Winter Park is a signature Watercrest product offering 75 helped living and 32 memory care apartments with premium accommodations, exceptional amenities and world-class care. Ideally located at 1501 Glendon Parkway, the community boasts a stunning promenade, pool, fireplace, signature water wall, multiple dining venues, children’s play space, grand balconies and Southern style outdoor living spaces. Watercrest’s uniquely designed Market Street Plaza, showcases an ‘outdoor’ streetscape with numerous LifeBUILT programming touches; a highlight and crucial element of their multi-sensory memory care programming.
“We are honored to offer the seniors of Winter Park a spectacular senior living community which mirrors the idyllic lifestyle of which Winter Park is so widely recognized,” says Marc Vorkapich, principal and CEO of Watercrest Senior Living Group. “Alongside our partners, Titan Development and Walker and Construction, we thank the Winter Parkcommunity for their support and enthusiasm for this project as we prepare to welcome our first residents to their new home.”
With multiple senior living projects in development throughout the southeast, Watercrest principals, Marc Vorkapich, CEO and Joan Williams, CFO, are setting new standards of quality for seniors and their families in the development of upscale senior living communities. This is the second senior living development project partnered between Watercrest and Titan Development. Their first project, Watercrest Columbia Helped Living and Memory Care celebrated their grand opening last fall in Columbia, SC.
Titan Development Real Estate Fund I (TDREF I) is a $200 million private equity real estate fund established in 2017 to raise and invest equity in approximately $600 million of Titan Development’s investment opportunities.
Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming.
Watercrest Winter Park continues to follow CDC and AHCA guidelines regarding COVID-19. While ensuring the health and safety of residents and associates, the Watercrest Winter Park team is providing virtual tours and working diligently to ensure residents stay connected with family and friends through the power of technology.

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Domos Acquires 410 North Rossmore Multifamily Project in Los Angeles with Plans for Innovation to Include Co-Living Units

LOS ANGELES, CA – Domos Rossmore, an Atlanta-based residential developer, has formed a joint venture with Beverly Hills-based ESI Ventures, with the buy of 410 North Rossmore in Hancock Park. Domos Rossmore intends to reconfigure the property to bring the building up to current city codes and invigorate the living spaces while preserving the building’s classic exterior.
410 North Rossmore, constructed in 1930, is adjacent to several internationally noted historic properties such as the El Royale and the Wilshire Country Club.
“We bought this property with the goal of providing an updated, code-compliant building with reimagined units and amenities,” states Daniel Alexander, principal, Domos Rossmore LLC. “To honor the building’s original architectural context, we will preserve its authentic facade.” John Labib and Associates has been hired to navigate the seismic safety upgrades of the building, adhering to the U.S. Secretary of the Interior’s Standards for the Treatment of Historic Properties.
Domos Rossmore LLC sought an architectural team with multifamily housing expertise, as well as experience in preservation and restoration. After reviewing RFPs from several noted firms, Alexander and his team selected Lorcan O’Herlihy Architects (LOHA) to lead the architectural and engineering efforts for the project. Richard Loring, acting as Director of Design and Construction for the Domos Rossmore LLC team, has a long and collaborative work history with LOHA.
The reconfigurations will include the addition of at least three floors with studio, one-bedroom, and co-living apartments, providing the building with attainable rental space. This business model strives to give Angelenos earning a median income viable housing options. In co-living suites residents have private bedrooms and baths but share kitchen and living room facilities. The project, now in its entitlement and forthcoming construction phase, will take approximately 36 months to complete.

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