DELRAY BEACH, FL – The Milestone Group announced its acquisition of the Axis Delray Beach Apartments, a 488-unit, garden-style multifamily community located at 1495 Spring Harbor Drive in Delray Beach, FL. The buy price was not told.
“The acquisition of Axis Delray Beach compliments Milestone’s current portfolio, and our team was again able to source an off-market opportunity and executed a creative transaction that met the seller’s timing expectations,” said Milestone Vice President of Acquisitions, Jason Wise. “And while the asset has been institutionally maintained and significant dollars have been spent on unit interior renovations by the seller, we have crafted a very thoughtful and thorough overhaul of the common area amenities, landscaping, and building exteriors that will not only greatly enhance the curb appeal of the asset but will also provide both new and existing residents with a next-level living experience. We expect this multi-million-dollar project to start immediately.”
Axis Delray Beach features a unique mix of one-, two-, and three-bedroom garden and townhome-style apartments in a lakefront, resort-style setting. Residents delight in simple access to immediate retail options including Whole Foods and Trader Joe’s along with abundant retail and dining options in downtown Delray Beach, which is only two miles away. Axis Delray Beach is minutes from I-95, the Florida Turnpike, and the Delray Beach Tri-Rail Station, all providing quick access to major employers and demand drivers.
Community amenities include two resort-style pools, a recently built resident clubhouse, two fully renovated fitness centers, and a bark park. Inside the units, residents will find upscale finishes such as white shaker cabinets, white quartz countertops, stainless-steel undermount sinks, and stainless-steel appliances.

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SYRACUSE, NY – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, together with W5 Group, a leading global investor in Innovative Living projects, has closed on its acquisition of a 2-acre site in the University Hill neighborhood, one block from the northern border of the Syracuse University campus in Syracuse, New York.
The partnership has commenced the development of The Standard at Syracuse, a 600+ bed, 210-unit student housing community at 910 Madison St. and will preserve the Temple Concord sanctuary, listed on the National Register of Historic Places, as part of the project. The Standard at Syracuse will be the first purpose-built student housing project in Syracuse to include five-bedroom floorplans and is expected to open for occupancy in 2026. Landmark Construction, the in-house general contractor for Landmark Properties, is managing construction on The Standard at Syracuse.
“Beyond the remarkable location on the north side of the Syracuse University campus, The Standard at Syracuse will provide much-needed housing for students at Syracuse University,” said Wes Rogers, President and CEO of Landmark Properties. “Our work on the ground, with the city of Syracuse and the surrounding community stakeholders combined with our vertically integrated design and construction platform, has set us on a course to make an amenity-rich lifestyle experience for students. The preservation of the existing sanctuary structure also adds a distinctive historical element to the project, while maintaining the character of the surrounding neighborhood. We are excited to have closed our seventh investment with W5 Group.”
“The Standard at Syracuse typifies our Innovative Living investment strategy and will provide a green, state of the art, bed-bath parity, community oriented highly amenitized flexible living solution for students,” said Ralph Winter, founder of W5 Group. “Syracuse University is a leading private R-1, Power 5 university with a long history of academic, research and sporting excellence. Micron Technology’s plans to build a $100 billion semiconductor in the area will serve to further bolster Syracuse University. We are excited about the Syracuse University’s partnership with Micron to support workforce development and innovation in the semiconductor industry and the University’s plans to increase Engineering and Computer Science enrollment by 50% and the addition of 50 new faculty members and a doubling of research expenditures by 2028.”
The Standard at Syracuse will be steps from the Marshall Street entertainment district and the 76-acre Thornden Park with its pool, rose garden, and outdoor amphitheater. It will include a mix of floor plans ranging from studios to five-bedroom floorplans at a variety of price points, appealing to a broad group of students. Every fully furnished unit will include private baths, hardwood-style flooring throughout, in-unit washers and dryers and plantation blinds. Apartments will also feature gourmet kitchens appointed with quartz countertops, designer cabinets and stainless-steel appliances. Select units will include private balconies.
Landmark Properties plans to preserve the original Temple Concord structure – built in the early 1900s – and incorporate it into The Standard at Syracuse by making 4,750 square feet of distinctive amenity space for residents. Current plans call for the building to be transformed into a well-appointed gathering space to unwind, study and socialize. The amenity package will also include a 24-hour fitness center as well as a sauna, several study areas, and a large outdoor hot tub. A parking deck will feature covered parking with 220 spaces for resident use.
The Standard at Syracuse will be Landmark Properties’ second student housing delivery in New York, the first being The Station Buffalo, proximate to the University at Buffalo in Buffalo, NY.

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MADISON, WI – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, celebrated their groundbreaking yesterday on the future site of The View and The Victoria at Huxley Yards, during a ceremony with LAC leaders, local policymakers and partners. The Huxley Yards developments will provide a combined 553 affordable housing units to individuals, families and seniors in Dane County earning less than 50%, 60% or 70% of the Area Median Income.
“Lincoln Avenue Communities is proud to break ground on the largest ground-up affordable housing property to be developed in Wisconsin,” said Jeremy Bronfman, LAC CEO. “Once completed, Huxley Yards will provide hundreds of high-quality, affordable homes for Madison residents.”
The View will provide 303 affordable housing units for families and individuals, and The Victoria will provide 250 affordable units for seniors. The View and The Victoria at Huxley Yards will also be the first new construction development established under Madison’s Oscar Mayer Special Area Plot.
“The Oscar Mayer Special Area Plot envisions an entirely new neighborhood for the City of Madison. This project will help that plot come to fruition,” said Matt Mikolajewski, City of Madison economic development director. “We are grateful for the investment that Lincoln Avenue Communities is making in the City of Madison and appreciate all the work of the Lincoln Avenue Communities team to get us to this groundbreaking.”
The properties will offer community amenities and resident services, such as job training and nature classes. The View will feature a pool, community classroom, fitness center, and an active playground area. The Victoria will include a club room, craft room, fitness center, two rooftop courtyards, and a fenced dog run, among other amenities. Both properties will be Wisconsin Green Built Home certified and incorporate sustainability features such as rooftop solar system.
“LAC is committed to making innovative housing solutions in the nation’s fastest growing metropolitan areas,” said Kevin McDonell, LAC vice president and regional project partner. “The View and The Victoria are especially vital developments for families and seniors facing limited housing in Wisconsin’s capital.”
The developments are financed by Federal Low-Income Housing Tax Credits provided by the Wisconsin Housing and Economic Development Authority and the National Equity Fund; Solar Tax Credits bought by the NEF; an Opportunity Zone Fund Investment; a Citi Cash Collateralized Taxable and Tax-Exempt construction-to-perm loan; tax increment financing from the City of Madison; and a Brownfield Idle Sites Grant from the Wisconsin Economic Development Corporation.
“We are grateful to the Wisconsin Housing and Economic Development Authority, National Equity Fund and Citibank for their support,” said Kyle Brasser, LAC vice president and regional project partner. “Their partnership, along with the City of Madison’s collaboration, has been crucial in bringing a vibrant new community to Madison.”

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