CIM Group Completes Disposition of 1,180-Unit Mason at Van Dorn Apartment Community in WestEnd Alexandria Redevelopment Area

ALEXANDRIA, VA – CIM Group announced that it has sold Mason at Van Dorn, a 1,180-unit apartment community consisting of fourteen four- and five-tale buildings spread across an approximately 25-acre site in Alexandria, Virginia. CIM Group bought the community in December 2017.
Located at 140 South Van Dorn Street, Mason at Van Dorn provides residents spacious homes offered in a range of floor plans from studio to two-bedroom configurations. The property features an on-site convenience store and deli as well as two resort-style swimming pools, tennis courts, barbeque and picnic areas, and other outdoor gathering and recreation areas.
Over the course of its ownership and management of this substantial apartment community, CIM Group instituted a program of improvements to Mason at Van Dorn, which was built in 1972. Throughout CIM Group s ownership, upgrades to the property s communal areas and amenities were completed including modernizing the club house making a host of gathering spots such as a kids room, business center, fitness center, lounges, and a theatre room. CIM Group also focused on the community s outdoor recreation spots including the addition of a fully equipped kids playground and a grilling area and an upgrade to the large dog park. In addition, CIM Group enhanced resident services and added an Amazon Hub package area and Tide Dry Cleaning locker space.
As residences became vacant, CIM Group renovated with new flooring, cabinetry, appliances, fixtures, and lighting, as well as adding full-size washers and dryers in select units.
Mason at Van Dorn is located adjacent to WestEnd Alexandria, the prominent redevelopment of the 52-acre former Landmark Mall which includes the future Inova Alexandria Hospital Campus. Mason at Van Dorn, conveniently situated just off I-395 inside the Capital Beltway, is four miles from Ancient Town Alexandria and one mile north of the Van Dorn Metro Station.
For 30 years, CIM Group has applied its community-focused investing approach by utilizing its broad expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.

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Greystar and Texas A&M University Partner to Improve Campus Residence Experience with Management of Student Communities

LAREDO, TX – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, announced its partnership with Texas A&M International University (TAMIU) to manage the Office of Housing and Residence Life to make a well-rounded operations and residential life program for the University’s two student housing communities, the Residential Learning Community and University Village.
“We’re excited to work with Texas A&M International University to make an elevated experience for students who live in campus housing,” Bradley Shaw, Senior Director of Real Estate, said, “We view student housing as more than just a place to live, and plot to develop a student life that will help build a new culture among student residents as well as with the broader campus community.”
Greystar will manage all aspects of TAMIU’s on campus housing including marketing, leasing, facilities, custodial, grounds, and residence life.
Dr. Pablo Arenaz, TAMIU President, affirmed the importance and value of the campus housing experience.
“Campus-based undergraduate and graduate housing is more than a place to sleep, it is a place to live the University experience. Our new residential life initiatives embrace the whole University experience including academic support and out-of-classroom educational experiences as our student residents transition from their parent’s home to their own home,” Dr. Arenaz noted.
“Over the last two years, the University has invested $6,000,000 in our housing facilities. Our overarching goal is to make the TAMIU living experience as a community. The building of strong communities and positive interactions among and between community members, campuswide, becomes a life skill that will benefit our students and graduates for years to come,” he clarified.
As with all TAMIU auxiliary services, housing is part of the University’s Campus Safety and Plotting department in its Division of Finance and Administration.
TAMIU vice president for Finance and Administration Juan J. Castillo highlighted the University’s aspirations for the program.
“As we continue to go beyond the Pandemic era, our priority for residential life here is to rebuild community. Working together with Greystar, we will see a return of the hallmark programs TAMIU’s Office of Housing and Residence Life was known for,” Castillo shared.
In addition to the recent investments, other changes Greystar will make, with fantastic support from the University, include increasing the number of resident advisors and staff, and providing them with more training and resources to bring residential life to the forefront of the TAMIU campus experience. Through sound operational support structures supporting a dynamic housing operation, the University has committed significant resources for Greystar to start other upgrades, near and long term, and students will see these projects commence over the coming months.
University Village is a garden-style 250-bed community with two- and four-bedroom options. It has a pool and a clubhouse as well as a study space, computer lab, and laundry facilities. The on-campus Dusty Food Pantry also has a satellite location in University Village.
The Residential Learning Community is a more traditional 436-bed residence hall-style community that consists of four buildings with three floors each, indoor access to the residential suites, a community center, game, media and conference rooms, a pool, and laundry facilities. A community marketplace, operated by Aramark Collegiate Hospitality, will be re-opening and offering convenient food options, both packaged and grab and go.

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Endeavor Real Estate Group Unveils 369-Unit Solomon Luxury Apartment Community in Austin’s Sought-After Mueller’s Neighborhood

AUSTIN, TX – Endeavor Real Estate Group announced that its newest apartment community, Solomon, is open and welcoming residents. Professionally managed by Greystar, Solomon is comprised of 369 apartment homes in studio, one- and two-bedroom layouts that range from approximately 500 to 1,340 sq. ft.
The residences feature smart home technology including Bluetooth-enabled entry locks, Wi-Fi-enabled lights, smart thermostats and USB ports throughout powered by AT&T Fiber. Other features include built-in serving bars and wine fridges, premium wood-look floors, custom full-height cabinets with brass pulls, large windows for natural light, custom closet shelving, and oversized laundry rooms.
The rooftop pool and amenity deck steals the show with 270-degree views, a 25-foot video show, outdoor grilling and dining areas, and a 1,300-square foot resort-style covered cabana lounge. The content creation room and podcast studio are unique to the submarket, giving creative residents a place to hone their craft. Other amenities onsite include a state-of-the-art fitness center, two activated courtyards with outdoor living and coworking spaces, a clubroom with kitchen and gaming/TV area, and a fifth floor sky lounge with kitchen and entertaining spaces and direct pool area access. Residents have access to 1GB Wi-Fi throughout the common areas.
Solomon will also have onsite retail and will be home to a new location of Fresa’s Restaurant coming soon. The Mueller neighborhood provides plenty of additional dining and nightlife options including Paco’s Tacos, Capriotti’s Sandwich Shop, Chilantro, WitchCraft Tap Room & Bottle Shop, Lazarus Brewing Co. and more. Recreational amenities include Alamo Cinema & Drafthouse, Mueller Lake Park and trails, Texas Farmers Market at Mueller, The Thinkery, Morris Williams Golf Course, and Blue Starlite Mini Urban Drive-In, among others. The community is conveniently located just two minutes from I-35 and is a small drive from Downtown Austin.
“Solomon has a high-end feel with market-leading finishes and amenities that residents will like,”Collin Aufhammer, Vice President of Development, said. “The community is perfect for residents seeking the close proximity to amenities of the urban Mueller neighborhood but without having to pay the high prices of Downtown Austin for that sort of lifestyle.”

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