TIGARD, OR – Multifamily owner-operator and investment manager Pacific Urban Investors has bought Meadow Creek, now renamed Ansley Murrayhill, a 304-unit apartment community in Tigard, Oregon. The acquisition of Meadow Creek brings Pacific s Portland metro portfolio to 2,610 units across 10 properties.
Meadow Creek is a two-tale, garden style community with 608 parking spaces. Located in the Murrayhill neighborhood of Washington County, the property s location offers small commutes to the largest and highest paying jobs in the MSA, including Nike and Intel, along with immediate access to substantial retail offerings. Built in 1985, the community has been maintained well but received only minimal aesthetic upgrades over time. As such, the opportunity exists to improve the curb appeal, unit interiors, and the expansive amenity set, which includes a clubhouse, fitness center, game room, swimming pool, spa, racquetball court, and dog park.
In addition to the robust amenity set, there is ample green space between buildings, offering a pleasant living experience for residents, said Zach Williams, Vice President of Investments at Pacific. We are excited to add this community to our portfolio given the quality of the building and site, market fundamentals, and prospects for continued growth. The density of this community combined with the proximity to desirable lifestyle amenities and jobs is extremely hard to replicate today.
Pacific is excited to add a third community in the desirable neighborhood of Murrayhill with expensive for-sale housing options, well-regarded schools, and an abundance of retail amenities, said John Fluke, Managing Director of Investments. The property s condition is relatively untouched since its original construction providing a blank canvas to implement specific improvements most valued by residents and prospects while preserving a significant value proposition in rent to more recent deliveries in the area.

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IRVING, TX – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner Carlyle announced the grand opening of Peregrine, a new luxury mid-rise apartment community near Dallas, Texas. Located at 6001 Like Drive in Irving, the community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. A grand opening celebration was held recently with project partners, residents, and guests.
We are excited to introduce Peregrine as the latest addition to our portfolio of luxury communities in Texas, said John McCullough, President of Toll Brothers Apartment Living. Peregrine offers the high-quality finishes and premium amenities that renters have come to expect from Toll Brothers Apartment Living, in a location that easily connects them to the best of Dallas-Fort Worth.
Peregrine offers designer finishes, high-end features, and modern conveniences. The luxury apartment homes include quartz countertops with tile backsplashes, Shaker-style cabinetry with soft-close doors and drawers, stainless steel appliances, designer pendant lighting, and oversized closets with built-in shelving. Smart home technology, including keyless entry, smart thermostats, and USB charging outlets, enhances convenience and connectivity. Select residences feature private patios or balconies, double bathroom vanities, and glass-enclosed showers.
Residents at Peregrine delight in a hospitality-inspired lobby and lounge, a state-of-the-art two-tale fitness center with a yoga and spin studio, a rooftop lounge, a game lounge, and a resort-style pool and courtyard with firepits, lawn games, and grilling stations. Additional offerings include a coworking suite with shared spaces and a private conference room, a dog park and pet spa, and dedicated bike storage and service areas.
Peregrine reflects our commitment to delivering best-in-class rental communities in highly desirable markets like Irving, said Tommy Rhodus, Managing Director of Toll Brothers Apartment Living in the Central region. With refined interiors, upscale amenities, and a prime location that connects residents to the greater Dallas-Fort Worth area and beyond, Peregrine offers an exceptional lifestyle for our residents and we look forward to building a thriving community here.
Peregrine seamlessly blends residential tranquility and urban convenience. Residents can explore the nearby parks and outdoor recreation areas, like Lake Carolyn and Campion Trail, and take in the culinary scene and entertainment found in Las Colinas. Peregrine s location provides simple access to the region s major employment centers in Dallas and Fort Worth, and the community is a small drive from Dallas Fort Worth International Airport.
Peregrine is Toll Brothers Apartment Living s sixth multifamily community to open in Texas in the past year including Mirra in Frisco, Whitlow in Lewisville, Remy in Frisco, Lyle in Dallas, and The Sadie in Fort Worth.

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BETHESDA, MD – Walker & Dunlop, Inc. announced that it provided $106.3 million in financing for Agora, a Class A 334-unit high-rise multifamily asset in Washington, DC.
Walker & Dunlop multifamily finance, led by Brendan Coleman and Connor Locke, arranged the financing on behalf of the longtime W&D client and Fannie Mae priority borrower, WC Smith. The team secured a rate lock within 24 hours of the signed application, providing a 35-year amortization and 10 years of full-term interest-only payments to ensure a favorable outcome for WC Smith.
WC Smith developed Agora as the second phase of The Collective, a premier 1,138-unit apartment community offering unmatched amenities in Washington, D.C. s vibrant Capitol Riverfront neighborhood. Walker & Dunlop has also arranged financing for the other two phases of The Collective, Park Chelsea, a high-end 429-unit community and, The Garrett, which features 373 apartments and 5,000 square feet of co-working space.
“We are honored to work with our partners at WC Smith yet again, a company that has earned a stellar reputation over decades as a trusted multifamily investor, developer, and operator,” said Connor Locke, managing director of Multifamily Finance at Walker & Dunlop. “Agora is a standout asset within their exceptional portfolio, and the swift rate lock, secured within 24 hours of the signed application, demonstrates our dedication to providing timely, customized solutions that ensure the best possible outcomes for our clients.”
Agora is a luxury, 11-tale, 334-unit LEED Silver-certified apartment building completed in 2018, located in Washington, D.C. s vibrant Capitol Riverfront. Part of The Collective, residents delight in shared access to high-end amenities across the three properties, including a Whole Foods, fitness center, spa rooms, and indoor golf simulator. Steps from Nationals Park, Audi Field, and the Navy Yard, Agora sits in a 500-acre neighborhood recognized by Forbes as one of the world s Top 12 Coolest Neighborhoods for its parks, dining, and strong sense of community.

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