PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for The Maddox in the Phoenix suburb of Buckeye on November 14, with Mayor Eric Orsborn in attendance. The first residents started moving into the 252-unit Class A multifamily community in the third quarter of 2024, and Thompson Thrift expects construction to be completed by January 2025.
“Thompson Thrift is well-versed in meeting the needs and desires of Arizona esidents after delivering a variety of luxury multifamily communities throughout the Phoenix area,” said Tamera Greene, vice president of community management, west for Thompson Thrift. “When residents choose The Maddox for their home, they will delight in distinct features and amenities carefully curated to maximize style, luxury and convenience.”
Located at 23683 W Yuma Rd. near Interstate 10, The Maddox consists of seven, three-tale garden style structures with 80 detached garages. The one-, two- and three-bedroom layouts average nearly 1,000 square feet and feature luxury amenities including gourmet kitchens with elegant quartz countertops, timeless tile backsplash, stainless steel appliances, designer fixtures and finishes, Alexa-compatible smart hub to integrate all smart devices, smart thermostat and smart door locks, walk-in closets, full-size washers and dryers, as well as patio, balcony, and private yard options.
At the ribbon cutting, visitors were able to view model tours and preview community amenities such as a professionally decorated clubhouse, resort-style heated swimming pool, 24-hour fitness center, Amazon Package Hub, thoughtfully designed courtyards, grilling stations, outdoor game area, firepits with seating area, a dog park, pet spa with grooming station, pickleball court and more.
In support of Thompson Thrift’s commitment to community outreach, they presented a check to local non-profit Special Olympics Arizona. Special Olympics Arizona has been serving the people of Arizona since 1975, providing year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities. Today they work with more than 21,000 athletes and nearly 25,000 volunteers, striving to make a better world by fostering the acceptance and inclusion of all people.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $6 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.

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PORTLAND, OR – Shorenstein Properties, an owner and operator of high-quality office, residential, and mixed-use properties across the U.S., announced the grand opening of Willow, a brand-new, luxury, 158-unit apartment and townhome community in Lake Oswego, Oregon.
“We are thrilled to unveil Willow, a newly constructed, premier residential apartment community,” said Steve Shanks, Managing Director at Shorenstein. “The property features one-of-a-kind lifestyle-driven amenities, centered around all of the gorgeous, unique natural surroundings that Lake Oswego has to offer. We are pleased to officially welcome residents to Willow.”
Located in the tree-lined Lake Forest neighborhood just outside of Portland, Oregon, Willow is a 5-tale wood frame community featuring one-, two-, and three-bedroom apartment and townhome units. The property offers residents state-of-the-art, modern in-unit amenities including stainless steel appliances, Herringbone tile backsplashes, in-home washer and dryers, and quartz countertops. Willow features multiple community spaces for residents, such as an open-air skydeck with a fire pit, a sky lounge, flexible dining and workspaces, a community lounge with a TV and fireplace, an outdoor BBQ, and a luxury fitness center with a fresh air deck. The property is managed by Greystar.
“We are excited to welcome residents to Willow and provide them with a top-notch experience,”Stephanie Shaffer, Senior Regional Property Manager at Greystar, said. “This new community is a fantastic addition to Lake Oswego and adds a new option in luxury rental housing to the greater Portland region.”

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FORT LEE, NJ – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Fort Lee, a contemporary high-rise apartment community located along New Jersey’s Gold Coast.
Modera Fort Lee, which will feature 253 apartment homes, sits just south of the George Washington Bridge overlooking the Hudson River and will feature permanently unobstructed views of the New York City skyline. The community will be built to, and is pursuing, LEED Silver™ Certification. First go-ins are anticipated for November 2026 with a second phase to be developed at a later date.
“With its proximity to New York City and the surrounding employment markets, Fort Lee continues to become a sought-after living destination,” said Maria Masi, senior managing director of development in New Jersey for Mill Creek Residential. “We believe Modera Fort Lee will distinguish itself by providing outstanding amenity spaces and premium interior finishes that enhance the overall living experience for our residents. We look forward to providing a top-of-market experience and will aim to become the preferred choice for the market’s discerning renters.”
Situated at 55 Main Street, Modera Fort Lee features convenient access to key thoroughfares Interstate 95/New Jersey Turnpike and I-80. The community is within a 30-minute commute of Midtown Manhattan, considered the finance capital of the world, and 20 minutes from Yankee Stadium and MetLife Stadium, home of the New York Jets, New York Giants and several large-scale events. Within Fort Lee and the surrounding Bergen County waterfront neighborhoods, future residents will have access to an abundance of dining, retail and entertainment options.
Modera Fort Lee will offer studio, one-, two- and three-bedroom homes with various layouts and an average size of 972 square feet. Community amenities will include a sixth-floor outdoor swimming pool, 18th-floor rooftop deck and sky lounge, grilling area with fire pit and outdoor dining space, resident clubhouse, landscaped courtyards, dedicated dog run and pet spa, game room with shuffleboard and pool table, coffee bar, conference room, coworking spaces, private workstations and a club-quality fitness center featuring cardio equipment, individual TVs, Matrix workout equipment and a yoga/Pilates studio. Residents will also have access to a podcast/TikTok studio, controlled-access parking, EV charging stations, digital package lockers, dedicated bike storage and additional storage options.
Homes will feature two distinct color themes and a variety of refined features, including nine-foot ceilings, oversized windows, wood plank-style flooring, stainless steel appliances, custom cabinetry, quartz countertops, tile backsplashes, pull-down faucets, pendant lighting, built-in desks, in-home washers and dryers, high-efficiency HVAC and in-home water heaters, walk-in closets and private patios or balconies. Smart features will include a key fob system, smart thermostats, controlled-access guest technology and bulk WiFi. Bathrooms will include soaking tubs, backlit mirrors and double vanities.

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