Venterra Realty Adds to Florida Portfolio with Acquisition of 288-Unit The Grove at Clermont Apartment Community in Orlando Submarket

CLERMONT, FL – Venterra Realty recently bought The Grove at Clermont community located in Orlando. The 288-unit, two-tale multi-family community was built in 2023 and offers modern one, two, and three-bedroom garden-style residences that range from 731 – 1415 square feet in ten unique floor plans.
The apartments feature quartz countertops, stainless steel appliances, side-by-side refrigerators, washers and dryers, and ample closet space. Some apartments feature kitchen islands and double-sink vanities.
The property provides renters with access to a resort-style pool with gas grills, a 24-hour commercial caliber fitness center, a Pet Spa, a spacious clubhouse, and a bike storage facility with direct access to the South Lake Trail system.
Located in Clermont, the property is located just north of Highway 50, adjacent to a retail development that includes a Publix grocery store within walking distance. The property is bordered by the South Lake Trail, part of a 43-mile greenway corridor and recreational trail for walking, running and biking. Orlando Health South Lake Hospital and the National Training Grounds are major local employers.
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 Clermont area, and are excited to expand our Florida portfolio with the addition of the amenity-rich property, The Grove at Clermont,” 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 The Grove at Clermont by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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Lincoln Avenue Communities Breaks Ground on 308-Unit Leon Creek Flats Affordable Housing Development in San Antonio, Texas

SAN ANTONIO, TX – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, joins the City of San Antonio to break ground on Leon Creek Flats, a new affordable housing development supported by the City’s 2022 Affordable Housing Bond.
During a ceremony with San Antonio Mayor Ron Nirenberg, City Councilmember Dr. Adriana Rocha Garcia and other local leaders, LAC celebrates its development partnership with the San Antonio Housing Trust to provide 308 affordable homes for San Antonio families.
“Housing affordability has remained a key initiative for our city that started with the formation of the Housing Task Force,” said Mayor Ron Nirenberg. “Communities like the one celebrated today represent the collective efforts to produce housing affordability for San Antonio renters.”
Leon Creek Flats is Lincoln Avenue’s first ground-up affordable housing development in Texas. More than $2.5 million in housing funding is supporting the development, which will make 261 homes for families earning at or below 60 percent of the Area Median Income (AMI) and 47 homes are deeply affordable for families earning at or below 30 percent AMI.
“By increasing affordable housing options and prioritizing families who need deeper affordability, we are making thriving communities,” said District 4 Councilmember Dr. Adriana Rocha Garcia. “It’s an honor to celebrate opportunities for current and future residents of District 4.”
On-site services for the project will include after-school education, which will be free of charge for residents for a minimum of 15 hours per week.
“LAC is committed to building high-quality affordable homes in communities where residents are burdened by high housing costs,” said Blake Hopkins, LAC Vice President and Regional Project Partner. “This development will bring hundreds of affordable homes to San Antonio and help address the region’s affordable housing crisis.”
“Housing affordability options are needed throughout our city. Ensuring that there are quality and accessible homes with supportive services for families in San Antonio is our department’s priority,” said Veronica Garcia, Director of the Neighborhood and Housing Services Department.
The development is made possible by a soft loan from the City of San Antonio’s 2022-2023 Housing Bond Program, along with other financing. Following remarks, LAC and City leaders formally broke ground on a section of the property to mark the beginning of construction, which will be complete in 2025.

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Greystar Expands Rental Housing Options with Four Dynamic Apartment Communities Nearing Completion Across The Atlanta Metro Area

ATLANTA, GA – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it is now leasing 1,378 new residential units in Metro Atlanta.
“Atlanta has been a resilient market over the past decade that continues to drive capital investment and new job creation,” John Roberson, Managing Director of Development, said. “We have quite a bit of activity in Metro Atlanta with four groundbreaking new projects in the final stages of development ready to open this year. We are excited to continue developing new housing options that meet the growing demand well into the future”.
Greystar is proud to introduce the following communities:
Elan Sweetwater Creek opened in May 2023, showcasing 360 modern new residences in a garden-style community. Floorplans include one-, two- and three-bedroom layouts.
Elan Brookwood, opened in July 2023, debuting groundbreaking new, modern one-three bedroom apartment and townhome residences in Cobb County, GA. The design details and finishes at the property have been curated to balance upscale modern living with the classic comforts of home. Steps from the Silver Comet Trail, residents at Elan Brookwood will have direct access to all of the fantastic amenities Cobb County has to offer.
Bellamy Executive Park, is situated within Emory’s Executive Park campus in Brookhaven. This mid-rise complex offers a variety of floorplans including studio, one-, two-, and three-bedroom options. The community boasts a range of luxurious amenities, such as a work-from-home space designed like a library and a lounge with a speak-simple theme, providing a perfect place to unwind after a busy day. Bellamy is scheduled to open in October.
Nomia, the much-anticipated dawn of Midtown’s next grandiose residence overlooking the Eastern Continental Divide, is coming to 1382 Peachtree Street. The 32-tale high-rise will house 281 residences curated with nuanced details for those accustomed to living well. The first phase of residences will be available in the fourth quarter.

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