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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TWO Capital and RAM Partners Forge Strategic Partnership to Deliver Over 2,300 Build-to-Rent Homes Across Multiple Southeast Markets

ATLANTA, GA – TWO Capital Partners, a leading real estate investment and development firm, and RAM Partners, an award-winning property management company, have joined forces to revolutionize the Build-to-Rent sector with the launch of a groundbreaking partnership.
Together, they are set to deliver more than a dozen Build-to-Rent single-family communities across the Southeastern United States over the next two years, totaling over 2,300 homes.
“TWO Capital Partners has strategically bought development sites close to major thoroughfares, providing convenient access to interstates and key employment centers for our Tessa single-family rental communities,” said co-founder and Managing Partner Ralph B. Wilson III. “By partnering with RAM Partners, we offer our residents first-rate, maintenance-free living with resort-level amenities and services. It’s a perfect match for our brand and our residents.”
Tessa Barrow Crossing, the inaugural community, has welcomed its first residents. Located at 116 Dolcetto Drive in Winder, Ga., Tessa Barrow Crossing is a 235-unit townhome community with concierge services, a pet park & dog spa, a sparkling pool, co-working space, a state-of-the-art fitness center and ample greenspace with outdoor gathering places.
Each home features luxury finishes, Latch Smart Home technology, private garages and private outdoor spaces.
RAM Partners is one of the largest residential management companies in the country, managing over 70,000 units across 21 states.
“As longstanding partners with TWO Capital, our collaboration has been instrumental in developing the exceptional amenity set for Tessa communities and establishing a resident-first culture for our guests,” said Brenda Lindner, Executive Vice President and Managing Partner, RAM Partners. “We are thrilled to serve the Build-to-Rent demographic, many of whom are our former apartment renters ready for the next stage of their lives.”
TWO Capital has a proven track record of developing, acquiring, leasing, managing and financing real estate assets exceeding $1 billion across the Southeastern United States.
The firm currently has five Build-To-Rent communities under construction, totaling 947 units across North Carolina, Tennessee, and Georgia, alongside a pipeline of six additional Tessa-branded communities throughout the Southeastern United States.

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