NASHVILLE, TN – Argyle Real Estate Partners LLC (Argyle), a real estate investment firm focused on multifamily acquisitions in the Southeast and Texas, announced the acquisition of Easton Place, a core-plus community located in the well loved Murfreesboro submarket of Nashville, TN. The acquisition marks the Company’s first in the Nashville MSA.
“Given the overall decline in CRE transactions we’ve seen this year, we’re especially pleased to have gotten this deal across the end line,” said Ryan Reyes, CEO and Managing Partner for Argyle. “Easton Place is a fantastic addition to our portfolio in a submarket that continues to see positive net migration by residents seeking a small more bang for their buck. We look forward to identifying more opportunities in the Music City.”
With a 2019 vintage, Easton Place is an intimate, 184-unit, garden-style community, with attractive curb appeal and best-in-class amenities. Sophisticated unit designs provide generous sq footage, stainless steel appliances, plank flooring, granite countertops, and trendy backsplashes, while upscale amenities include a ‘zero-entry’ pool with cabanas and waterfall lighting, ample green space, a cozy community firepit, lush landscaping, and a premier clubhouse that boasts a movie theatre for residents to delight in.
“Easton Place had a very compelling business case from a growth and demographics perspective that spurred our choice to pursue the opportunity and market it to our partners,” said Brandon Rosser, Managing Partner for Argyle.
Easton Place sits 35 minutes from Nashville’s central business district, home to major employers such as Amazon, Verizon, General Mills, and Bridgestone. Ascension Saint Thomas Hospital (1,700 jobs) is near the Property, and Vanderbilt University Medical Center, Nashville’s largest hospital, is developing a new facility 5 miles from Easton Place, a factor that may spark future migration to the area.
The Company will deploy a conservative CAPEX plot that includes a minor property refresh, while the business plot, to be overseen by Greystar, will focus on driving lease-ups and maximizing operations.

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PHOENIX, AZ – Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets throughout the United States, announced plans to develop three new build-to-rent (BTR) communities in Arizona. The three communities will add more than 550 single-family rental homes to the Phoenix metropolitan area. Sunstone Two Tree now has nine BTR communities totaling close to 1,500 units in various stages of development in the state and remains committed to making high-quality, attainable living spaces to address the critical shortage of entry-level homes.
“The current economic situation is not only pushing homeownership further out of reach for so many individuals and families, but it is making it even more hard for developers and builders to add much-needed inventory to the market,” said Scott Maddux, President of Sunstone Two Tree. “We are pleased to start these three new projects despite significant headwinds in the current economic environment. These communities combine the benefits of single-family living (larger units, dedicated parking, private yard space) with the advantages of renting (flexibility, amenities and minimal maintenance responsibilities). The combination of those two qualities really serves to meet the evolving demands of today’s residents.”
Sunstone Two Tree has closed on a 29-acre lot at the southeast corner of Northern Parkway and N. Sarival Avenue in Glendale, Arizona which it will develop with its partner, Capital Square. The 320-unit community will include 102 detached single-family homes, averaging 1,655 square feet, and 218 townhomes averaging 1,257 square feet. Each home will have two tales, direct garage access and a private yard, with many community amenities including a pool, spa, fitness center, parks, BBQs, gated entry and sports courts. Construction is expected to start October 2023.
Capital Square and Sunstone Two Tree, each with a proven track record of successful real estate ventures, are pooling their resources, expertise, and networks to develop best-in-class rental housing in high-growth markets. Their complementary skillsets and shared vision promise a strategic synergy that will drive innovation and excellence in real estate development.
In addition to the Northern Parkway project, Sunstone Two Tree has received approvals and recently started construction on two other BTR communities in the Phoenix area. On a 7.64 acre lot located at the southeast corner of N. 99th Avene and W. Van Buren Street in Tolleson, Arizona, the company will develop a community of 143 three-bedroom, two tale townhomes. They will average 1,350 square feet and each have a two-car garage and private backyard. The company has also received approvals for a build-to-rent community on the northwest corner of S. 91st Ave and W. Lower Buckeye Road in Phoenix. The 5.64 acre lot will become a community of 88 three-bedroom townhomes with attached, two-car garages and private backyards. Amenities at both communities will include pickleball courts, parks, playgrounds and a dog run, clubhouse, pool fitness center and tot lots.
Each of the three communities is conveniently located, with simple access to downtown Phoenix, Sky Harbor Airport, freeways, shopping centers, schools and employers. All of them will be professionally managed and well-maintained by best-in-class on-site property management companies.
Sunstone Two Tree is a developer and operator of rental housing in high growth markets in the United States. Overall, the company has bought or developed thousands of rental units across the country.

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FALLS CHURCH, VA – National multifamily real estate development leader Wood Partners has officially announced construction is underway on Alta Nova, the company’s latest luxury residential community, located in Falls Church, Virginia. Pre-leasing for the property is anticipated to start in 2024, with initial units becoming available in early 2025.
Situated at 5851 Columbia Pike, Alta Nova presents an ideal living environment for young professionals and families seeking to immerse themselves in the allure of the Washington, D.C. metropolitan area. Nestled in the heart of Northern Virginia within the Capital Beltway (I-495), Alta Nova will offer convenient access to prominent employment centers, such as the Pentagon, Amazon HQ2, Tysons, RB Corridor, and Washington, D.C.
Residents of Alta Nova will have direct access to a diverse selection of retail, dining, and entertainment options just moments from the community, including MusicBox Karaoke Lounge, Cyber Raccoon Escape Room Fairfax DC, World Market, and a conveniently located Trader Joe’s right across the street. Residents can also delight in the craft brews of Audacious Aleworks Brewery or unwind at Martini Lounge, Meridian Pint, or Dogwood Tavern. With this diverse range of options, there’s a delightful experience to suit every taste and preference.
Apart from the local attractions in Falls Church, residents will learn an abundance of nearby recreational and outdoor opportunities to explore, including Berman Park, Huge Chimneys Park, Crossman Park, and the W&OD Trail.
“With construction currently underway, we keenly anticipate extending a warm welcome to future residents of Alta Nova in Falls Church, Virginia,” said Ben Lazarus, Managing Director at Wood Partners. “Northern Virginia, home to over 2.5 million residents, is the vibrant heart of the Washington, D.C. metro area, and we are excited to contribute to the enriching landscape of this region with our community.”
Once construction is complete, Alta Nova will offer 364 apartment homes, encompassing a diverse range of custom-designed floor plans, including studio, one-bedroom, one-bedroom with den, two-bedroom, three-bedroom apartments, and three-bedroom townhouses. Each residence will show an array of attractive features and materials, such as modern stainless-steel appliances, kitchen countertops crafted from quartz, complete in-unit washer and dryer sets, and wood-style flooring in both the kitchen and living room areas. Within the community, residents also have access to an abundance of communal offerings, including a resort-style pool featuring a sunbathing deck and private cabanas, outdoor entertainment spaces equipped with grilling stations, televisions, and a fireside dining area, a cutting-edge 24/7 fitness center, coworking areas, and a pet spa complete with dog washing stations.

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