PHOENIX, AZ – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced the start of preleasing at Amavi Aster Ridge, a single-family build-to-rent community that closely borders the thriving Anthem neighborhood of North Phoenix. Amavi Aster Ridge offers a mix of 177 two- and three-bedroom townhomes and represents Mill Creek’s first single-family build-to-rent community within the Phoenix area. First go-ins are anticipated for March.
“As the North Phoenix/Anthem area emerges as a key employment hub, demand for quality housing continues to rise,” said Sam Griffin, vice president of land acquisition for Mill Creek’s Southwest Region. “Amavi Aster Ridge represents the lone professionally managed townhome community in the immediate area, and we look forward to welcoming our first residents to their new homes. With attached garages and private backyards, Amavi Aster Ridge represents a traditional townhome product and is positioned to offer a genuinely comfortable living experience.”
Located at 4285 W. Denali Lane, Amavi Aster Ridge is a gated community that sits adjacent to Anthem, an award-winning master-plotted community notable for its high-desert backdrop, brilliant school district and vast contingent of retail, dining and recreational outlets. The community also is positioned within 15 minutes of the Taiwan Semiconductor campus, a $40 billion facility that will anchor the growing employment sector in the Anthem/Deer Valley area. Interstate 17 and Anthem Way are easily accessible from the community, along with several parks, lakes and nature preserves.
Each home at Amavi Aster Ridge features attached front-loaded garages and fenced private backyards. The community’s two-bedroom townhomes range from approximately 1,300 to 1,450 square feet while the 25 three-bedroom homes measure approximately 1,500 square feet.
Community amenities consist of a clubhouse/leasing office, resort-style swimming pool, onsite park with playground, fitness studio and open green spaces. The community also features modern streetscapes and aesthetically manicured common areas. Home interiors include stainless steel appliances, wood plank-style flooring, nine-foot ceilings, granite countertops, tile backsplashes, smart thermostats, controlled guest-access technology, ceiling fans and in-home washers and dryers.

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GAINESVILLE, FL – FaverGray, a leading student housing general contractor, is proud to announce the successful delivery of Seminary Lane (Theory Gainesville), a remarkable 298-unit, 862-bed student housing community near the University of Florida in Gainesville.
The project encompasses approximately six acres and consists of four new apartment buildings, varying in height from three to five tales, as well as two parking garages.
What sets the project apart is the exceptional array of rooftop amenities, designed to make a truly exceptional living experience for its residents. These amenities include a resort-style swimming pool, a state-of-the-art fitness center, an impressive Jumbotron for community events, and inviting courtyard spaces for relaxation and socialization.
“We are honored to announce the completion of Seminary Lane,” expressed Ben Hinson, Executive Vice President of FaverGray, emphasizing our commitment to delivering top-tier construction projects tailored to meet the needs and aspirations of developers and owner/operators, setting new benchmarks for quality and innovation in the industry.
“We are proud of the hard work and dedication of our team in bringing this project to life,” said John Kitchens, Division Leader of FaverGray. “Their commitment to excellence and attention to detail have not only ensured the timely delivery of this project but also exemplify our unwavering commitment to exceeding the expectations of developers and owner/operators, setting a standard of quality and reliability in the construction industry.

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DES MOINES, IA – NAS Investment Solutions (NASIS), a national sponsor known for high quality passive real estate investments with reliable yield performance, has bought Broadway Apartments, a three tale, 120-unit multifamily property complex in Des Moines, Iowa.
The acquisition of Broadway Apartments makes an investment opportunity for all real estate investors especially for those 1031 Exchange investors who are in immediate need of a quality replacement property. It is also suitable for self-directed IRAs and represents a narrow window of opportunity for accredited investors to participate.
National Asset Services (NAS), one of the Country’s leading commercial real estate companies, known for maximizing property value in all economic situations while enhancing residents’ living experience, will be responsible for overseeing property management as well as asset managing the multifamily complex for the property’s investment clients.
Built in 2015, the Broadway Apartments property features an average home size of 875 square-feet and is located approximately nine miles northeast from the heart of downtown Des Moines on a 7.83-acre site. Community amenities include an updated clubhouse, fitness center, playground, dog park, theater room and on-site management. There are additional garage spaces available for rent.
“We are excited to offer our clients the opportunity to invest in a property located in one of the strongest growth markets in the Midwest,” commented Karen E. Kennedy, President and Founder of NAS Investment Solutions and National Asset Services. “With significant investments from major tech industry companies, economic diversification and a lower cost of living, Des Moines is on a solid path to more growth and development.”
Located near restaurant and shopping venues, Broadway Apartments offers residents a variety of entertainment options right outside their doorstep. Adventureland Amusement Park, Prairie Meadows Racetrack & Casino, and Outlets of Des Moines are within two miles of the property. With proximity to I-80 and Hwy 6, there is simple access to major employers and downtown Des Moines.

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