Lincoln Avenue Breaks Ground on 142-Unit The Residences at Chestnut Affordable Housing Development in Manchester Market

MANCHESTER, NH – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of The Residences at Chestnut, an affordable housing development in Manchester, during a ceremony with community leaders and financing partners.
“Lincoln Avenue Communities is committed to building high-quality, resilient properties that make long-term access to affordable housing in communities across the country,” said Thom Amdur, LAC Senior Vice President, Policy and Impact. “The Residences at Chestnut represents our first ground-up development in New Hampshire, and we’re grateful to our public and private partners who helped make this deal possible.”
The 142-unit property represents LAC’s first new construction deal in New Hampshire, which is facing a statewide affordable housing crisis. The Residences at Chestnut will include two apartment buildings, with 106 combined units restricted to households earning less than 60 percent of the area median income (AMI); 36 units will receive project-based vouchers, with 30 of those units set aside for veterans and their families.
“This development will add 142 units of much-needed affordable housing in Manchester, where high-quality homes remain out of reach for many residents,” said Scott Shaw, LAC Vice President & Regional Project Partner. “We’re especially proud to support veterans and their families who face unique barriers to finding attainable housing.”
Construction of The Residences is expected to end in 2025. The property will include an underbuilding parking garage, roof deck, fitness center, bike storage and other community amenities.
The groundbreaking ceremony featured remarks from Manchester Mayor Joyce Craig and representatives from the New Hampshire Housing Finance Authority, Families in Transition, Manchester VA Medical Center and the offices of New Hampshire’s congressional delegation, among others. Following remarks, LAC formally broke ground on a section of the property to mark the beginning of construction.

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Vista Residential Partners Breaks Ground on 302-Unit Oak Grove Vista Mixed-Use Multifamily Development in McDonough, Georgia

MCDONOUGH, GA – Vista Residential Partners, a national multifamily development firm, has broken ground on Phase I of a two-phase mixed-use development, Oak Grove Vista. The development is a joint venture between Atlantic American Partners, Township Capital, and Vista Residential Partners, with financing provided by Trustmark Bank and First National Bank.
Located in the burgeoning suburban enclave of McDonough, Georgia, Phase I of Oak Grove Vista will include 302 multifamily units defined by a low-density residential community feel with a central amenity area including a pool, gym, and club room.
The entirety of the mixed-use development will include 348 multifamily units and 40,000 square feet of commercial space along Jonesboro Road. Phase I of Oak Grove Vista will be a defining luxury asset in McDonough complemented by nearby commercial space and servicing pent-up residential demand.
The Property’s strategic location off of I-75 will connect future residents to 53M SF of prime logistics and E-commerce centers, over 400,000 jobs along I-75 North, Hartsfield-Jackson International Airport, Henry County’s growing healthcare industry, and the CBD job centers of Midtown and Downtown Atlanta. McDonough is rapidly becoming a major hub for logistics and e-commerce, with over 75,000 jobs in these industries in the immediate area. This growth is indicative of the city’s strategic location and its commitment to supporting next-generation industries. McDonough’s logistical infrastructure is essential to the Atlanta metro area, and it is poised to play an even greater role in the decades to come.
“We are excited to expand our presence within McDonough,” said Chase Beasley, Managing Director for Vista, said in the release. “This is our second community in this burgeoning pocket of Henry County, and we have strategically aligned our homes and amenities to provide a superior living experience in a location providing all of life’s comforts within close proximity to downtown Atlanta.”
Major economic and population growth in McDonough has been met with minimal new multifamily developments. The Property’s frontage along Jonesboro Road will be further accented by an adjacent retail development Which is to include a national coffee concept, RaceTrac gas station and additional restaurant concepts.
“Henry County continues to see very strong population and job growth. Oak Grove Vista is designed to meet the growing demand for housing in this region,” said Michael Neyhart, Chief Investment Officer for Vista Residential Partners. “We are excited to embark on a new relationship with the teams at Atlantic American Partners and Township Capital and are grateful for the trust they have placed in Vista”.
The community will offer a mix of one-, two-, and three-bedroom apartment homes averaging 1,000 square feet, along with 8 carriage homes providing direct access garages. Designed by architect Niles Bolton, the garden-style apartments will feature stainless steel appliances, 9-foot ceilings, vinyl plank flooring, in-unit washers and dryers, and dining-size kitchen islands. Oak Grove Vista will also feature a luxury clubhouse, resort-style pool, co-working space, fitness center, a large pet park, 24/7 package concierge, and 40,000 SF of walkable retail and restaurants.

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The REMM Group Expands California Portfolio with Management of 180-Unit Lincoln Village Apartment Community in Riverside Market

RIVERSIDE, CA – The REMM Group is pleased to announce that it has been awarded the management contract for Lincoln Village Apartment Community for the second time. The REMM Group successfully oversaw the management of the Riverside luxury apartment community during its 2020 lease-up. The outstanding results achieved during Lincoln Village’s lease-up phase played a pivotal role in the community’s rapid sale just one year after leasing started. Subsequently, management was transferred to another firm, until this summer, when The REMM Group was again selected to resume management.
“We are excited to return to Lincoln Village Apartment Homes and renew our partnership with the residents and stakeholders. Our team is dedicated to providing an exceptional living experience for the residents of this stellar community,” stated Sara D’Elia, CEO at The REMM Group.
D’Elia continued, “Lincoln Village is already responding to our team’s hard work with excellent reviews, higher occupancy, and an increase in lease renewals.”
Lincoln Village Apartment Homes embody luxury in every facet of their design. The 180 units in the community feature open floor plans, high ceilings and recessed lighting. The quartz countertops, and top-quality stainless-steel appliances make chef-worthy kitchens.
One, two, and three-bedroom apartment homes offer up to 1,200 square feet of space. Two-bedroom townhome units are also available. The Lincoln Village homes are equipped with washers and dryers, smart lock technology, and air conditioning. Amenities include covered carports, garages, or garages with storage. There are even garages with direct unit access.
Lincoln Village’s gated community boasts a spacious two-tale clubhouse, a shaded lounge area, resort-style pools, and a dog park. The perfectly landscaped community is a small drive to Riverside’s downtown Historic District. Arlington Heights Sports Park and California Citrus State Historic Park are just steps away. The apartment homes currently lease from $2,105 to $3,486.

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