HOUSTON, TX – Venterra Realty recently bought the Cendana District West community located in Richmond, Texas. The 349-unit four-tale mid-rise multifamily community was built in 2023 and offers modern one, two, and three-bedroom residences that range from 592 – 1542 square feet in 11 unique floor plans.
The apartments feature high-end interior finishes, like Granite Countertops, Stainless Steel Appliances, Garden Tubs, Walk-In Showers, Washers and Dryers, and Oversized Closets. Some apartments offer a kitchen island and double-sink vanities.
The property provides renters with the largest pool in the area, two resident lounges, co-working and or micro office spaces, 24/7 fitness center and yoga studio, media room, dog park and pet spa.
Well located in the quick-growing Richmond area of Fort Bend County in southwest Houston, just a small distance from the Westpark Tollway and the Grand Parkway, the area offers simple access to many of the major employers in Houston. Venterra also currently owns The Retreat, in the same neighborhood about 2 miles from Cendana.
Venterra will implement its resident-focused programs such as the Live it. Like it. Guarantee., the 48-Hour Maintenance Guarantee, and SMARTLEASING.
“We have seen brilliant growth in the Houston area and are excited to expand our Texas portfolio with the addition of the amenity-rich luxury property Cendana District West,” said John Foresi, CEO of Venterra Realty. “Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further enhance the standard of living at Cendana District West by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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ATLANTA, GA – ECI Group (ECI), with joint venture partner, The Griffin Fund, has started construction on The Averly Collins Hill, a $76 million, eight-building, 300-unit, Class A apartment development on 22 acres at 700 Collins Road in Lawrenceville, GA. ECI Construction is the general contractor and construction financing was provided by Synovus.
The three-tale, garden-style residences will complement a plotted 55+ active adult housing and a commercial component to be developed by others in the Lawrenceville Gateway development. The Averly Collins Hill will deliver concurrently with the nearby 15-tale Northside Hospital Gwinnett tower that is bringing 3,000-5,000 jobs to its location.
“ECI is excited to partner once again with The Griffin Fund to build premier housing near downtown Lawrenceville,” said ECI Vice President of Development, Stephen Stover. “We very much appreciate the collaboration and support we received from the City of Lawrenceville, particularly Mayor David Still, City Manager Chuck Warbington, and Plotting and Development Director, Todd Hargrave. With their perspective and vision, The Averly Collins Hill will provide residents coming to the City for its jobs, amenities, schools, and resources with convenient and quality housing in a mixed-use neighborhood.”
The $46 million construction loan provided by Synovus comes amidst a challenging financing environment. Seth Greenberg, ECI Group CEO, added, “We are particularly appreciative of the confidence that Synovus demonstrated in this well-located and thoughtfully conceived development, providing ECI with the construction financing needed to start this project immediately and in the best window for delivery.”
The Averly Collins Hill is located adjacent to University Parkway (SR-316) and Collins Hill Road and within walking distance of an existing Walmart Supercenter-anchored shopping center. Major local employers include Northside Hospital Gwinnett, Georgia Gwinnett College, and the 2,000-acre Rowan technology and research project.

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FORT MYERS, FL -The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, has officially broken ground on The Riley, a 275-residence, market-rate multifamily community located in Fort Myers, Florida.
We re excited to bring this latest development to the Fort Myers and Lee County area which has experienced incredible growth, said Kurt Kehoe, Senior Vice President of Florida Development. The Riley is a testament to NRP s commitment to providing the highest quality communities and our belief in the future and continued expansion of Southwest Florida.
The community comprises three four-tale buildings, each offering unique features to cater to a diverse resident base. Building one will serve as the main gathering area for residents, housing the integrated clubhouse and most of the property s lifestyle amenities, while building two features a courtyard with public greenspace and comfortable sitting and lounging areas. Building three provides panoramic views of the nearby conservation area, Estero Bay Preserve State Park, for a nature-infused living experience.
The Riley features a best-in-class amenity package, including a resort-style pool with outdoor grilling areas and pizza oven, as well as an integrated clubhouse with a media room, business center and conference pods. Other highlights include a state-of-the-art fitness center, an on-site dog park with a smart pet wash station, and package concierge lockers.
The residences boast contemporary finishes, soft-closing cabinets, LED-lit mirrors with frames, modern lighting fixtures and luxury kitchens with quartz countertops and upgraded stainless steel appliances. Floor plans are varied, featuring one, two and three-bedroom apartments, ranging from 655 to 1537 square feet. Pricing is expected to start at the low $1600 s.
Strategically located at the intersection of Highway 41 and San Carlos Blvd, The Riley provides convenient access to major job markets in Fort Myers and Bonita Springs, with proximity to Interstate 75 and Highway 41.
The Riley is expected to be completed in late 2025.

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