BOCA RATON, FL – Waypoint Residential, a vertically integrated multifamily developer, owner and operator, announced that it is delivering 7 new apartment projects, totaling 1,800 units, in Florida in the first half of 2023.
The projects, which all contain Class A amenities and finishes, are located in markets throughout the state, including Port St. Lucie, Vero Beach, Orlando, Stuart, Palm Bay and Gainesville.
“We are very excited about our development activity in Florida,” said Scott Lawlor, Founder and CEO of Waypoint Residential. “We’re in the process of delivering 1,800 units and have another approximately 3,000 under construction or in predevelopment that will deliver in 2024 and 2025.”
Waypoint has previously developed approximately 2,000 apartment units in Florida, bringing total investment activity in the state to nearly 7,000 units, totaling $1.5B of capitalization. This is in addition to nearly 7,000 units representing $1.5B of investment activity through the rest of the Sunbelt region of the Unites States.
“We’re huge believers in Florida. The growth tale has been spectacular for some time, and we believe it’s only getting better. At the same time, the market has continued to deliver inadequate new housing stock to keep up with the growing population. As a result, we forecast extremely favorable conditions for investment in the housing market well into the future.”

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DALLAS, TX – Brazos Residential, a Dallas-based real estate private equity firm specializing in multifamily investments, announced the acquisition of The Thread Apartments located in Dallas, Texas.
The 606-unit garden-style community consists of three different phases constructed between 1969 and 1978. It is situated on the border of Dallas city limits and Richardson, offering an exceptional location with direct access to interstate US-75 and the Lyndon B. Johnson Freeway, commonly known as the Telecom Corridor. Furthermore, it is adjacent to the Texas Instruments headquarters.
“The Thread has several unique characteristics that make it an exciting opportunity for the partnership,” clarifies James Roberts, Managing Partner and Co-founder. “We were able to secure the asset off-market at a fantastic basis through our local broker relationships. The Thread recently emerged from a Land Use Restrictive Agreement (LURA) which allows us to make immediate value by switching to fully market rates. We are equally excited to make a positive impact for the residents and community through property-level improvements.”
The community marks the firm’s sixteenth asset and the sixth in the Dallas/Fort Worth area since its inception in 2022.
“We possess an intimate knowledge of the Dallas/Fort Worth market and are thrilled to add this asset to our portfolio,” proclaims William Hancock, Managing Partner and Co-founder. “The proximity of The Thread to other Brazos Residential properties and our corporate headquarters presents strategic synergies, supporting the expansion of our portfolio in our own backyard.”

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KNOXVILLE, TN – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced it has broken ground on Livano Knoxville, an approximately 348-unit Class A multifamily community in a qualified opportunity zone in Knoxville, Tennessee. Construction of the development is expected to be completed by spring 2025. The project is being developed in partnership with LIV Development, a leading multifamily developer specializing in vibrant Class A communities across the United States.
“First in our home market of Richmond, Virginia, then Charleston, South Carolina, Raleigh, North Carolina, and, now, Knoxville, Tennessee, Capital Square is developing eight residential communities in leading southeastern markets. Driven by job production, low cost of living and a superior lifestyle, each of these markets are exceptional in their own, unique ways,” said Louis Rogers, founder and co-chief executive officer of Capital Square.
The development is located at 451 W. Blount Avenue, along the Tennessee River and directly across from Neyland Stadium, the University of Tennessee’s 101,915-person capacity football stadium. The multifamily community will include studio, one-, two- and three-bedroom apartment homes averaging approximately 929 square feet. Residents will have access to major employers including the U.S. Department of Energy Oak Ridge National Laboratory, Covenant Health, the University of Tennessee, Tennessee Valley Authority, Knox County Schools, University Health System, The Dollywood Company, Clayton Homes, DENSO Corporation, Tennova Healthcare and Blount Memorial Hospital.
The partnership has committed an allocation of 10% of the development’s units to workforce housing, available to residents who earn up to 80% of the area’s annual median family income. The partnership completed the acquisition of the 5.9-acre lot in January 2023 and secured a $70.4 million construction loan agreement with Truist Bank.
“Knoxville is a highly attractive growth market with a rapidly growing population, making this the perfect location for Capital Square to develop our next opportunity zone project,” said Whitson Huffman, co-chief executive officer. “As an active developer in Southeast markets, Capital Square is pleased to bring an exceptional multifamily community to Knoxville residents.”
The partnership has engaged Ardurra as civil engineer, Niles Bolton Associates, Inc. as building architect, Southern Building Group as general contractor and Design South Interiors as interior designer.

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