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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RICHMOND, VA – Jones Street Investment Partners, a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S., announced its expansion in Virginia with the acquisition of Summit at Bon Air, a 296-unit multifamily community located at 1701 Irondale Road in the Richmond suburb of Bon Air, from Capital Square, one of the nation s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities.
Summit at Bon Air features a mix of one-, two- and three-bedroom units across 37 two-tale buildings spanning a total of approximately 28 acres, as well as 550 parking spaces. The garden-style community is ideally situated within walking distance of numerous retail and restaurant options, including Chesterfield Towne Center Shopping Mall and Huguenot Village Shopping Center, and is located just off Route 60, providing an simple 22-minute drive to downtown Richmond, one of the fastest growing job markets in Virginia, according to InsideNOVA. Summit at Bon Air boasts luxury amenities including a resident lounge, business center, dog park, newly upgraded fitness center, swimming pool with a sun deck, and a playground.
We are excited to add another ideally located Richmond-area asset to our portfolio with the acquisition of Summit at Bon Air, said Matt Frazier, founder and COE of Jones Street. Coming on the heels of our recent entry into the Richmond market with the buy of Courthouse Green Townhomes, Summit at Bon Air exhibits the same strong criteria we look for when evaluating investment opportunities, including a growing population, a strong job market, top schools, and family-friendly activities and amenities. We look forward to leveraging our operational expertise to provide a best-in-class living experience to the community and make value for our investors.
The majority of the Property s units have recently undergone numerous renovations to provide units with premium finishes including new cabinets, a backsplash, high-end laminate countertops, and a tech package. Jones Street plans to upgrade the remaining 77 units to provide an enhanced living experience. Improvements have also been made to the property s amenities, including renovations to the parking lot, fencing, grilling stations, landscape enhancements, and signage.
Summit at Bon Air Chesterfield County, which has experienced strong population growth over the last decade at an average of 9.8% as Fortune 500 companies have expanded their local presence, including LEGO, CoStar, Capital One, Altria, CarMax, and Dominion Energy. Bon Air has an A+ rating from Niche.com as well as an A rating in the Excellent for Families category.

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AVENTURA, FL – Belmont Village Senior Living, a leading developer, owner and operator of senior living communities, announced the groundbreaking of its newest community, Belmont Village Aventura. Located at 3510 Yacht Club Way, the luxury project is made in partnership with Turnberry, one of the nation s leading developers of design-driven, amenity-rich residential, hospitality and mixed-use projects. It will be Belmont s third location in South Florida and is expected to open in early 2026.
“Belmont Village Aventura marks a pivotal moment in our mission to redefine senior living, providing an ideal location surrounded by world-class amenities, said Patricia Will, CEO and Founder of Belmont Village Senior Living. Our partnership with Turnberry will enhance the living experience of our residents, making built-to-purpose spaces where seniors can delight in comfort, security and the highest standards of care as they age. Our vision is deeply rooted in our commitment to enhancing the well-being of older adults. We are keenly anticipating the positive impact it will have on the greater Aventura community.”
This venture is Turnberry s first collaboration with Belmont Village Senior Living. Spanning an impressive nearly 180,000 square feet, Belmont Village Aventura will feature timeless contemporary architecture, comprising stucco, tile and stone. Throughout the interior will be high end finishes, including luxury wall coverings, custom decorative flooring inlays, a suspended art installation, coffered ceilings, and indoor/outdoor flexibility. The 11-tale community will offer Independent Living, Helped living and Memory Care, and host 153 apartments in a variety of studio, one-bedroom and two-bedroom floorplans. Resident apartments feature stone counters and islands with waterfall edges, stainless steel appliances, elegant flooring and walk-in closets. Many of the units offer private balconies and exclusive penthouse units are available on the 10th and 11th floor.
We chose to partner with Belmont Village because of its unmatched expertise and leadership in luxury senior living, said Jackie Soffer, Chairman and CEO of Turnberry. Our philosophy of placemaking with principles means every project is undertaken with incredible attention to detail and an expectation of excellence. Belmont Village shares those standards and has skills and experience that complement ours. The location of Belmont Village Aventura means residents and their families can delight in the best of what South Florida has on offer, setting a new standard of luxury senior living. We are thrilled to partner with Belmont Village to offer an unmatched luxury option in senior care.
Belmont Village Aventura residents will delight in panoramic views of the Atlantic Ocean, Intracoastal Waterway and Dumfoundling Bay. Amenities include an elegant fine-dining restaurant, a full-service bistro and rooftop bar, personal temperature-controlled wine storage with semi-private dining, a fitness center, and an outdoor terrace overlooking the water. Other amenities include a wellness center, screening room, art studio, hair and nail salon, sports lounge, library, and a resort-style pool.
Working in collaboration with Belmont Village, Coral Gables (Fla.)-based Corwil Architects is the lead architect and Moss Construction Management is the construction partner, ensuring Belmont Village Senior Living Aventura becomes a well-crafted, built-to-purpose community dedicated to enhancing the lifestyle of its senior residents. The same team recently completed Belmont Village Senior Living Coral Gables.

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