RICHMOND, VA – Capital Square Living, the wholly owned property management subsidiary of Capital Square, announced the assumption of management of four multifamily communities across Georgia, bringing the total number of properties under its management to 24, comprised of 6,155 units. Capital Square is one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities.
The Georgia properties include High Ridge Apartments in Athens; Bedford Parke Apartments in Warner Robins; Promenade at Newnan Crossing in Newnan; and SouthLawn Lawrenceville Apartments in Lawrenceville. Capital Square Living is set to expand its presence further into Georgia with four additional properties in November: Residence at Riverwatch; The Quincy Apartments; Capstone at Banks Crossing; and Lakeside on Riverwatch. All properties are owned by Delaware statutory trusts sponsored by Capital Square.
This latest development is part of Capital Square Living’s ongoing plot to assume management of 44 multifamily communities, comprising approximately 11,000 units, owned by Capital Square’s affiliated apartment REIT, DST programs and opportunity zone funds.
“Assuming management of these four properties across Georgia demonstrates our commitment to providing brilliant property management services while growing our portfolio,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “Expanding our footprint from Virginia to Georgia and eventually across the Southeast underscores our dedication to continuously pursue growth opportunities that benefit both our investors and residents.”
Since March 31st, Capital Square Living has bought a total of 24 properties located across Virginia and Georgia, consisting of 6,155 units. By summer 2024, Capital Square Living will manage 44 residential communities comprised of over 11,000 units. Their operational area will expand across six states in 18 markets, covering 25 cities in the Southeast region. The firm provides comprehensive, state-of-the-art management services, including operations, maintenance, employee development and training, customer service, revenue management, marketing, budgeting, leasing and resident retention.
“Not only is Capital Square’s vertically integrated business model making value for our investors, it’s also improving the experience for our residents,” said Gus Remppies, president of Capital Square Living. “From first-class amenities to superior customer support, Capital Square Living is providing residents with an exceptional place to call home.”

Powered by WPeMatico

CONROE, TX – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced construction is underway at Beckett West Fork, the latest apartment community representing the company’s new attainable housing brand.
Beckett West Fork, which will feature 408 apartment homes across 14 buildings, sits approximately 40 miles north of Houston’s central business district and 15 miles north of The Woodlands. The community is located only two miles from 21,000-acre Lake Conroe, which features 157 miles of shoreline and is among the most well loved boating and fishing lakes in East Texas. First go-ins are anticipated for November 2024.
“Beckett West Fork will offer the best of both worlds in that residents will experience a small-town vibe while remaining within commuting distance of the area’s key employment and entertainment centers,” said Lucas Sandidge, vice president of development for Mill Creek Residential. “The community will provide a nature-centric living experience at a much more reasonable price point than many of the surrounding suburban locales. We’re keen to join the neighborhood.”
Situated at 10485 League Line Road and in close proximity to Interstate 45, Beckett West Fork provides residents brilliant regional access to employment hubs such as The Woodlands and North Houston. Additionally, the community is within a 30-minute drive of City Place, a master-plotted development home to 20,000 jobs and the new headquarters of ExxonMobil.
Beckett West Fork will offer one- and two-bedroom homes with an average size of 1,027 square feet. Community amenities will include a 5,000-square-foot resident clubhouse, swimming pool, grilling area, outdoor kitchen, fitness center, landscaped courtyards, onsite pet park and dog run and rentable private garages.
In-home features will include wood plank-style flooring, nine-foot ceilings, ceiling fans, stainless steel appliances, electric ranges, granite countertops, kitchen islands, custom cabinetry, central heating and air, spacious bedrooms, walk-in closets and full-sized in-home washers and dryers. Bathrooms will include tile shower surrounds and linen closets.

Powered by WPeMatico

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.

Powered by WPeMatico