SANTA ROSA BEACH, FL – Olympus Property, a leading real estate investment and property management company, announced the successful acquisition of Primrose, located in Santa Rosa Beach, FL. This prestigious residential community is comprised of 288 units in one of the most affluent areas in the Florida Panhandle. Built in 2022, Primrose is a welcome addition to Olympus Property’s growing portfolio, further solidifying the company’s presence in this highly sought after submarket.
Olympus Property brings extensive industry expertise to the table, boasting a current portfolio of more than 31,000 units across 14 states. This acquisition is a testament to the company’s proven success, building upon the outstanding performance of Olympus Emerald Coast, a nearby property bought in June 2021, which continues to deliver strong results. “We are grateful for the opportunity to welcome Primrose into the Olympus portfolio as we consistently seek out outstanding assets in the most coveted locations,” says Wade Madden, Chief Operating Officer at Olympus Property. “This strategic acquisition reflects our unwavering dedication to providing unparalleled living experiences while simultaneously elevating our regional influence.”
Primrose is conveniently located just a few blocks away from the pristine, sandy white beaches of Northwest Florida’s renowned Emerald Coast, well-known for its luxury, exclusivity, and exceptional quality of life. The property is surrounded by the region’s finest amenities and key attractions including Grand Boulevard at Sandestin, 30A, Sacred Heart Hospital, and Sandestin Golf & Beach Resort. Its appealing location and charming ambiance have earned it a place on Conde Nast Traveler’s esteemed list of the Top 10 Best Small Towns in the U.S., further emphasizing its prestigious status.
The Class A community offers an impressive array of top-tier luxury amenities including two saltwater pools, private poolside cabanas, a poolside entertainment deck with an outdoor grilling kitchen and fire pits, a gaming lawn, a fully equipped cardio and flex gym, and a resident lounge. Primrose’s unit mix offers a number of options, including a blend of four-tale apartments, two-tale townhome units, and carriage units that are in high demand within the market. Units are well-appointed with high-end finishes including chef-inspired designer kitchens with expansive prep islands, quartz counters, artisanal tile backsplashes, wood-style flooring, and full-size washers & dryers.

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PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company, announced the development of Refinery at Pointe17, a 224-unit Class A multifamily community near the $40+ billion Taiwan Semiconductor Plant (TSMC) in northern Phoenix. Construction is set to start this month and Thompson Thrift plans to welcome new residents starting in the latter half of 2025.
“We had a distinct vision for this unique property and are pleased to have the opportunity to collaborate with Thompson Thrift’s residential, commercial and construction teams on this mixed-use development,” said Josh Purvis, managing partner for Thompson Thrift Residential. “Refinery at Pointe17’s balance of style, convenience and amenities will make it a standout addition to the Phoenix metro.”
Located just off Interstate 17 at the southwest corner of Dove Valley and the newly approved 29th Avenue intersection, Refinery at Pointe17 will offer one-, two- and three-bedroom apartment homes that average 1,000 square feet. Residents will delight in luxury amenities including 9′ ceilings, stainless-steel appliances, tile backsplashes, designer fixtures and finishes, hardwood-style flooring, large walk-in closets, patio and balcony options, a full-size washer and dryer, as well as a suite of Alexa-compatible smart home technology.
Luxury living will continue throughout the community with a fully equipped 24-hour fitness center, yoga and spin studio, bike storage, resort-style heated swimming pool, firepits with seating area, community grilling areas, pickleball court, 24-hour business center, private focus rooms and offices for rent, rooftop deck, event lounge, over 80 on-site electric vehicle charging spaces, dog park and pet spa and billiards and shuffleboard.
Refinery is the multifamily part of Pointe17, Thompson Thrift’s mixed-use development that will place Refinery’s residents within walking distance of various retail and dining options. Oregano’s, a local, family-owned restaurant; Twisted Sugar, a gourmet cookie shop; Over Simple, a breakfast and brunch restaurant and Foothills Grille, a new restaurant concept from the operators of Pinnacle Grill, have already committed to the site.
Additionally, Heartland Dental, Yoga Six, BFT fitness studio, The Bar, and a nail spa have also signed leases to open at the center.
Residents will also be a few miles from the Shops at Norterra, an upscale north Phoenix lifestyle center with 354,000 square feet of specialty retailers, restaurant and large national tenants including Walmart, TJ Maxx/HomeGoods, Dicks Sporting Goods, Best Buy, PetSmart, World Market, Barnes & Noble, Lowes and 14 screen Harkins Theater.
Alongside the property is Skunk Creek Wash natural preserve, which will feature pedestrian amenities and running paths from Dove Valley south to Sonoran Desert Parkway. Thompson Thrift’s design plot features seamless pedestrian connection to the preserve’s trail as well as complementary community amenities like volleyball courts, green space for yard games and ramadas.
Refinery is within one of the best school systems in North Phoenix. The high performing Deer Valley Unified School District holds a 95% graduation rate and was recently ranked the #8 best school district in the state of Arizona.
The nearby Interstate 17 interchange will serve as the main entrance to TSMC, the first phase of which is currently under construction. At full build out, the semiconductor plant is projected to add an additional 80,000 jobs by companies interested in working alongside TSMC.
Phoenix is the fifth largest city in the nation and has experienced double-digit growth in recent years thanks to large companies like TSMC, Amex, USAA, Learn, and Honeywell expanding their presence in the market.

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TAMPA, FL – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Encore, a contemporary mixed-use apartment community in Downtown Tampa.
Modera Encore, which will feature 304 apartment homes and 8,000 square feet of ground-floor retail, boasts a dynamic metropolitan location amidst one of the nation’s most rapidly emerging downtown corridors. First go-ins are anticipated for spring 2025.
“We are fans of the Tampa market, and we believe Modera Encore is positioned to benefit from the city’s continued growth and ongoing development of the urban core,” said Damon Kolb, senior managing director of development in North Florida for Mill Creek Residential. “Transformational projects such as the Water Street, Gas Worx and the anticipated Brightline Station will continue to add convenience and vibrancy to the area, and we’re excited to be a part of it. We look forward to getting started on Modera Encore and offering a top-of-market experience.”
Situated at 1211 Ray Charles Boulevard, Modera Encore is located moments southwest of Interstate 275, which provides quick access to Tampa International Airport and the thriving employment sectors of Westshore Business District, the Gateway office market and Downtown St. Petersburg.
The midrise community is also surrounded by an abundance of dining, shopping and lifestyle destinations contained within nearby Tampa Heights, Midtown Tampa, Hyde Park and the well loved Ybor City Entertainment District. Additionally, Curtis Hixon Waterfront Park, the Tampa Riverwalk and Amalie Arena (home of the NHL’s Tampa Bay Lightning) are all easily accessible from the community.
Modera Encore will offer one-, two- and three-bedroom homes with den layouts available and select penthouse homes. Modera Encore will be built to, and is pursuing, a NGBS Silver Certification. Community amenities will include an outdoor swimming pool, grilling area, fire pit, outdoor dining, resident clubhouse, game room, pool table, landscaped courtyards, onsite pet spa, conference rooms, co-working space, private workstations, cybercafé, coffee bar and a club-quality fitness center with cardio equipment, yoga/Pilates studio and group fitness area. The community will also offer controlled access garage parking, bike lockers and additional storage space.
Home interiors will be delivered with nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, custom cabinetry, under-cabinet lighting, moveable kitchen islands, built-in desks, walk-in closets, in-home washers and dryers, smart thermostats, controlled-access guest technology and bulk WiFi. Bathrooms will include tile shower surrounds, double vanities and linen closets.

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