RESTON, VA – Comstock Holding Companies, a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced that it is partnering with SCG Development Holdings to form a joint venture that will develop an affordable housing project located on land currently owned by Comstock at 41 Maryland Avenue in Rockville, Maryland. The property, located adjacent to Metro s Rockville Station on the Red Line, will be branded as Momentum @ Rockville Station and is slated to deliver well over 100 affordable housing units to the community.
The City of Rockville is working to expand housing options to help support the everyday heroes of our community, including teachers, firefighters, police offices, health professional staff, and other people who help our city, county, and state run, said Monique Ashton, Mayor of Rockville. We look forward to working with this joint venture [Comstock and SCG] to make more high-quality, transit-oriented, affordable housing that provides a safe place for residents to thrive.
SCG is a respected leader in affordable housing development that specializes in community-centered housing solutions. They have been involved in the successful development of more than 100 properties across the United States, including Momentum @ Shady Grove, a similar affordable housing project developed by SCG and Comstock that sits adjacent to the Shady Grove Metro station and was delivered in 2020.
Comstock and SCG entered into a definitive buy agreement for Comstock 41, which was bought by a subsidiary of Comstock in late 2023 for approximately $1.5 million. Pursuant to the buy agreement, Comstock and SCG will enter into an operating agreement and a development agreement, under which Comstock will provide development management services to the joint venture. The Company will also be entitled to provide property management services once the development is ready for occupancy. The Comstock 41 transaction is expected to close upon approval of the construction plans by the City of Rockville. Financing will be arranged by SCG once the plans are approved.
SCG is excited to announce the launch of Momentum at Rockville Station, which is currently in the plotting and entitlement stages, said Steven P. Wilson, President, SCG Development. The development will provide much-needed affordable housing that is close to retail and office space and walkable to the Rockville Metro Station. As we navigate the plotting and approval process, we are fully committed to collaborating with Comstock and local government officials to ensure the project s success.
Comstock and SCG will work closely together with the City of Rockville to secure approvals needed to maximize the number of affordable units the joint venture will deliver to the heart of Rockville Town Center. This adheres to the project s vision to meet the City of Rockville s growing housing needs and underscores the ongoing commitment of Comstock and SCG to provide accessibility to affordable, transit-oriented housing options that help foster community growth.
We are thrilled to once again partner with SCG to deliver more high-quality, transit-oriented, affordable housing to Montgomery County s quick-growing population, said Christopher Clemente, Comstock s Chairman and Chief Executive Officer. Set alongside BLVD Forty Four and BLVD Ansel, Momentum @ Rockville Station will further expand Comstock s footprint in the vibrant Rockville Town Center neighborhood. We re helping to address the need for affordable transit-oriented housing.

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DENVER, CO – 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 Cook Street, a contemporary midrise apartment community in the esteemed Cherry Creek North neighborhood.
Modera Cook Street, which will feature 110 apartment homes, sits in the highly desirable neighborhood surrounded by international retailers, high-end dining, boutique restaurants and tree-lined streets, while sitting only two miles south of Downtown Denver and its thriving employment core. First go-ins are anticipated for late 2026.
“Cherry Creek North is undoubtedly the place to be for high-end living in Denver,” said Scott Makee, senior managing director of development in Colorado for Mill Creek Residential. “The area possesses an unmatchable charm with its mountain and skyline views, distinguished setting and proximity to anything one might need within the city. We look forward to getting started on this truly unique development and offering a refined, top-of-market experience.”
Situated at 195 Cook Street at the corner of E. 2nd Avenue, Modera Cook Street features a superb Walk Score of 84 and sits two blocks from the nationally acclaimed Cherry Creek North shopping and entertainment district. The 16-block surrounding area features various art galleries, coffee shops, luxury hotels, high-end office space and more than 80 dining options. Additionally, a 50,000-square-foot Whole Foods is situated seven blocks from the community. The well loved Cherry Creek Trail sits five blocks south.
Modera Cook Street will offer one-, two- and three-bedroom homes with thoughtful layouts and a generous average size of 1,264 square feet. The community will include 17 loft/penthouse apartment homes on the top floor.
Homes will include a variety of refined features, including nine-foot ceilings, gas fireplaces, wood plank-style flooring, upgraded Kitchen Aid stainless steel appliance packages, gas ranges with vent hoods, custom cabinetry, quartz countertops, tile backsplashes, pull-down faucets, pendant lighting, large kitchen islands with waterfall counters, in-home washers and dryers, Elfa® closet systems and private patios or balconies with sweeping view of the Rockies. Smart features will include a key fob system, smart thermostats and controlled-access guest technology. Bathrooms will feature floating vanities, tiled stand-up showers, double vanities, backlit mirrors and linen closets.
Approximately 85% of the homes will feature private outdoor space while 70% will offer large “outdoor room” style balconies. The 17 loft homes will include gas fireplaces on the terraces.
Community amenities will include a rooftop pool deck with panoramic views of the Denver skyline to the north and the Rocky Mountains to the west, hot tub and spa, grilling area, fire pit, fifth-floor resident social hub directly connected to the roof deck via an exterior staircase, demonstration kitchen, conference room, coffee bar, pet spa and a 24-hour club-quality fitness center with cardio equipment, yoga/Pilates studio and TRX system. Residents will also have access to private garage parking with EV charging stations, additional storage options, digital package lockers, dedicated bike storage, bike repair station and gear lounge.

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OVERLAND PARK, KS – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced it has sponsored the buy of The Highlands, a 448-home garden-style apartment community in Overland Park, Kansas. Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the property, which is situated approximately 12 miles southwest of Kansas City along the Interstate 35 corridor.
“Hamilton Zanze is very excited to further expand its presence in the Kansas City metro through sponsoring the acquisition of The Highlands,” said David Nelson, president and chief investment officer at Hamilton Zanze. “Our KC portfolio continues to be a high performer in a turbulent national multifamily market. By sponsoring the acquisition of The Highlands, we expect to continue this trend by capitalizing on the submarket’s attractive apartment supply-and-demand dynamics and robust employment growth. Kansas City remains a target market for HZ’s investors, and we are excited for further portfolio growth in 2025 and beyond.”
Located at 10080 W. 80th Street, The Highlands was built in 2005 and offers one-, two- and three-bedroom apartment homes. Homes range in size from 791 to 1,452 square feet and include stainless steel appliances, built-in microwaves, hard-surface countertops, hardwood-inspired flooring, modern cabinetry, walk-in closets, full-size washers and dryers, ceiling fans, private patios or balconies and plush carpeting in the bedrooms.
Community amenities include two saltwater swimming pools, outdoor kitchen with grills, renovated clubhouse and gourmet kitchen, resident lounge with pool table, work-from-home spaces, theater room, tennis court, onsite pet park, eco-enhanced wildlife areas and a 24-hour fitness center with deluxe equipment and a yoga studio with spin bikes. The controlled-access community also includes rentable guest suites, rentable scooters and bikes, WiFi in common areas and detached garages.
Located just east of I-35 in the Highpoint Village neighborhood, The Highlands sits two miles west of downtown Overland Park. The downtown area features a variety of boutique retailers and an abundance of dining and entertainment options. The city also is home to the Overland Park Arboretum and Botanical Gardens and the Sprint World Headquarters Campus.

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