Thompson Thrift Hosts Ribbon Cutting for The Quarry Apartment Community Near Colorado State University Campus in Fort Collins

FORT COLLINS, CO – 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 Quarry, a Class A multifamily community near the main campus of Colorado State University. The first residents started moving into the 319-unit Class A multifamily community in April and Thompson Thrift expects construction to be completed during the first quarter of 2025.
“The Quarry provides an appealing rental option for residents desiring the style, luxury and convenience that Thompson Thrift communities are known for,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “Our team is excited to deliver an brilliant experience in an environment our residents will be proud to call home.”
The Quarry is located at the southeast corner of Shields Street and Hobbit Street. The 20-acre community offers a mix of one-, two- and three-bedroom apartment homes in three- and four-tale buildings, as well as 10 single-family villa structures and detached garages. In addition to its proximity to Colorado State, residents have simple access to Fort Collins’ vibrant and growing downtown district known as “Ancient Town Fort Collins,” as well as the city’s 36,000 acres of natural land for walking, hiking, and biking.
At the ribbon cutting, visitors were able to view models showcasing high-end interior features such as gourmet bar kitchens with quartz countertops and designer backsplashes, walk-in closets and full-size washers and dryers, as well as private outdoor spaces with fenced-in yards that are available with some homes. Additionally, they were able to preview the community amenities, including a professionally decorated clubhouse, 24-hour fitness center, resort-style swimming pool with cabanas, community garden, and fitness trail.
In support of Thompson Thrift’s commitment to community outreach, they presented a check to local non-profit Homeward Alliance. Homeward Alliance envisions a community in which homelessness is rare, small-lived and non-recurring. They bring together multiple agencies and provide a one-stop shop for their clients with a continuum of programs and initiatives for families, adults, and seniors, such as basic needs, housing-focused case management and employment services.
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.

Powered by WPeMatico

Avanti Residential and Centennial State Capital Complete Acquisition of 200-Unit The Avery Luxury Apartment Community in Orlando

ORLANDO, FL – Avanti Residential, a nationwide multifamily investor and operator, and partner Centennial State Capital, announced the acquisition of The Avery, a premier apartment community located in Orlando, Florida. The transaction closed on October 24, 2024, for a total price of $50,500,000.
The Avery, a 200-unit community completed in 2022, is situated at 1000 Avery Village Loop, Orlando, FL 32825. The property offers a luxury living experience including a resort-style pool, entertainment deck with an outdoor kitchen and fire pit, state-of-the-art fitness center, and clubhouse. The Avery boasts stylish apartment features, from luxury vinyl plank flooring and lofty 9foot ceilings to modern kitchens with stainless steel appliances. This most recent investment closed in partnership with Centennial State Capital, brings Avanti Residential’s total number of units in Florida to 1,829 across 7 assets, solidifying its presence in the state.
“Avanti is excited to expand its footprint in the Orlando area. The Avery allows our investors the opportunity to own a newly built asset at below replacement cost and peak rents within this micromarket. Furthermore, the asset’s location offers residents brilliant access to Orlando’s key employment and educational hubs,” says Peter Partipilo, Director of Acquisitions.
Mark Henderson of Centennial State Capital shares, “at Centennial State Capital, we take pride in our ability to identify unique investment opportunities. This acquisition reflects the strength of our partnership with Avanti Residential and our shared commitment to investing in high-quality assets in growth markets like Orlando. Together, we’ve bought a premier, newly built asset that will generate value for our investors and provide an exceptional living experience for residents.”
Avanti Residential continues to expand its portfolio and strengthen its position as a leading player in the multifamily industry. The company’s portfolio now reflects 9,604 units across 41 properties in eight states: Colorado, Kansas, Missouri, Arizona, Florida, Utah, Tennessee, and Georgia.
Avanti Residential is committed to providing exceptional living experiences for its residents and delivering strong returns for its investors. The company is actively seeking additional investment opportunities and remains focused on its growth objectives.

Powered by WPeMatico

Aventon Companies Breaks Ground on 288-Unit Aventon Holly Hill Apartment Community in Orlando Submarket of Davenport, Florida

ORLANDO, FL – Aventon Companies, a prominent multifamily developer and general contractor with active projects throughout the Mid-Atlantic and Southeast, announced that construction has begun on its newest Orlando area development Aventon Holy Hill. The three-tale, garden-style community will open in the second half of 2025.
With Aventon Holly Hill marking Aventon Companies’ sixth project in the Orlando submarket, it remains committed to the flourishing metro area. One, two and three-bedroom options will comprise 288 units spread across 14.5 acres. Each apartment will be outfitted with the firm’s signature best-in-class finishes and attention to detail. With a focus on making a sense of community, shared amenities will include a business lounge, fitness center, game room, resort-style pool, and an on-site pet spa. The community’s prime location on U.S. Route 27 also offers simple commuting access to major area employers within the Orlando Commercial Corridor and to local attractions like Disney World.
“Data indicates that Orlando is one of the fastest growing areas in the entire country with over 1,500 new residents added to the population every week,” said Sean Flanagan, Senior Development Director for Aventon Companies. “Aventon Holly Hill is designed to fulfill the growing desire for luxury living in the heart of it all.”
The overall design of Aventon Holly Hill was made by Watts Leaf Architects, with interiors curated by Studio 5 Interiors. The property will be located at the intersection of Holly Hill Grove Road and U.S. Route 27 in the city of Davenport. Since 2019, Aventon Companies has assembled an impressive $2 billion portfolio of ground-up developments bringing nearly 9,000 Aventon-branded apartment homes to Florida, Georgia, the Carolinas, and the Mid-Atlantic.

Powered by WPeMatico