SPARKS, NV – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, announced the start of leasing at Rowan, a sophisticated community in the burgeoning Reno, Nev. suburb of Sparks.
Rowan, a 360-home garden-style community, features an intelligent, elevated living experience in Sparks – a family-oriented city of more than 100,000, ideally located in Truckee Meadows between the Carson and Virginia mountain ranges of the eastern Sierra Nevadas. With a mild climate, plenty of sunshine and year-round recreational opportunities, Rowan’s location affords residents an active lifestyle and an enviable quality of life.
“Sparks has everything you’re looking for when you’re living in the West – mountains, sun, low humidity and endless outdoor opportunities,” said Jesse Herzog, Quarterra Division President, Northern California. “Rowan provides the living experience to match, with modern apartments, high-end finishes, outdoor amenities and thoughtfully designed common spaces that capture the essence of this spectacular region.”
Rowan residents are just minutes from dining, shopping and essentials, as well as Golden Eagle Regional Park, Red Hawk Golf and Resort, and the recreation options in Spanish Spring Canyon. Less than an hour to Lake Tahoe, with Renoto the west, Sparks has grown substantially over the past 30 years and become a well loved option for residents looking to avoid the busier Reno area. Sparks is home to major tech employers, including Sierra Nevada Corp, and is the closest metropolitan area to the Tahoe-Reno Industrial Center (TRIC), home to Tesla Motors’ Gigafactory.
Situated at 6026 Golden Triangle Way, Rowan is just blocks from Vista Boulevard and Pyramid Parkway, providing simple access to both Reno and Spanish Springs. The community features covered parking and EV charging stations.
Rowan is composed of one-, two- and three-bedroom apartment homes, ranging from 694 to 1,251 square feet. Homes come equipped with keyless entries, energy-efficient HVAC systems, luxury vinyl plank flooring in kitchens and living spaces, and spa-style bathrooms. Gourmet kitchens are modeled with designer color schemes, sleek quartz countertops, stainless steel appliances and undermount sinks. Carpeted bedrooms are highlighted by spacious closets.
All Rowan residents delight in a luxurious pool and spa courtyard, expansive 24-hour fitness center, resident clubhouse, pet spa and play area, outdoor social lounge, grill stations, gaming area, playground and bike wash station.
Rowan is Quarterra’s first Nevada community.

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WINTER GARDEN, FL – Leading multifamily real estate developer Wood Partners announced the grand opening of its newest luxury residential property, Alta at Horizon West, located in Winter Garden, Florida.
The new luxury apartment project is situated on 21.6 acres near the intersection of Avalon Road and Phil Ritson Way in Horizon West, recently recognized as the third-fastest growing master-plotted community in the U.S. With nearly ¼ mile of frontage on the newly four-laned Avalon Road and bounded to the west by Orlando’s Western Beltway, Alta at Horizon West offers unparalleled access to all this thriving community has to offer, including convenience to nearby Hamlin Town Center, which features an expansive roster of major retailers, local shops and leading medical facilities. Residents of Alta at Horizon West will also delight in convenience to Orange County National Golf Center and Lodge, located directly across Avalon Road, and Walt Disney World, just 10 minutes away.
“We are thrilled to officially plant our flag in Horizon West – the epicenter of growth in Orange County over the last several years – as part of our ongoing effort to meet the diverse housing needs of Central Florida’s rapidly growing population,” said Bryan Borland, Managing Director. “We’re strong believers in the tale that is unfolding along Orlando’sWestern Beltway having recently developed highly-successful communities just off the 429 in Apopka and in the City of Winter Garden, and Alta at Horizon West represents a continuation of that strategy.”
In total, Alta at Horizon West includes 348 garden-style apartment homes comprised of efficiently designed one-, two- and three-bedroom floor plans. Units feature modern, two-tone kitchen cabinetry with under-cabinet lighting, quartz countertops, brushed nickel fixtures and hardware, stainless steel appliances, electronic door locks, luxurious kitchen pendant lighting, kitchen tile backsplashes and wood-inspired plank flooring to foster a timeless and tasteful environment for residents.
The centerpiece of the community is its lavish, 10,000 square foot clubhouse, featuring a 24-hour fitness center with a dedicated yoga room and virtual trainer, a community co-working space with a coffee bar, social lounge, and game room with billiards and shuffleboard. Alta at Horizon West also offers a wide range of outdoor amenities for residents to delight in, including a zero-entry, resort-style pool with pavilion and cabanas, a hammock garden, movie lawn, and multiple grilling stations for maximum convenience. Additionally, residents will delight in private access to an on-site tot lot, pet park with pet washing station and monthly events hosted by the community’s dedicated on-site team.

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DALLAS, TX – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation s leading builder of luxury homes, and joint venture partner Pondmoon Capital USA, announced the groundbreaking of Mirra, a new five-tale, 285-unit luxury mid-rise rental community totaling more than 330,000 square feet in the rapidly growing city of Frisco, Texas. Mirra is being financed through a $49.5 million construction loan facility from Santander Bank N.A.
A groundbreaking celebration at the construction site this week was attended by senior executives from Toll Brothers Apartment Living and Pondmoon Capital USA, local officials, as well as members of the media. Mirra is expected to be completed in 2024.
We are excited to bring even more luxury rental units to the rapidly growing and sought-after city of Frisco, Texas, which is known for its small-town charm, lively entertainment options, and overall fantastic quality of life, said John McCullough, President of Toll Brothers Apartment Living. Mirra will offer residents thoughtfully designed apartments that exude the best in luxury living, with the region s best shopping and dining just steps away at Frisco Square.
Mirra will feature high-end luxury finishes and a best-in-class amenity package, including a leasing lounge and bar, a social mailroom, a resident clubroom, a billiards lounge, a coworking area, an expansive fully-equipped fitness center, a resort-style pool, an outdoor lounge with gaming and grills, and bike lounge. Mirra also includes parking for 435 vehicles, including a structured parking garage with EV (electric vehicle) charging stations.
Featuring studio, one- and two-bedroom floor plans, residences will include granite countertops with tile backsplash, stainless steel appliances, designer custom cabinetry, wood-style LVT flooring in living areas, plush carpeting in bedrooms, oversized closets, and smart home features. Private balconies and terraces, as well as private yards, will be offered in select residences.
We are excited to break ground on another Class A residential development with Pondmoon as part of our growing national partnership, said Tommy Rhodus, Managing Director of Toll Brothers Apartment Living. With distinction found in every detail, Mirra will offer the perfect balance of lifestyle and luxury that s thoughtfully curated, crafted without compromise, and situated in an exceptional community surrounded by top schools, restaurants, shopping, and endless fun.
Located at 8320 Church Street on a 2.96-acre lot in Frisco Square, the community will be ideally positioned at the intersection of Church and Oglethorpe Streets, adjacent to the Dallas North Tollway, which is a major thoroughfare providing direct access to large employment corridors including Frisco Square, Legacy Business Park, Granite Business Park, the new PGA of America headquarters, Legacy West, Hall Park, and The Star, which is located within the $5 Billion Mile. DFW International Airport, Dallas Like Field Airport, and the city of Dallas are easily accessible by car. Mirra residents will also benefit from outstanding walkability to an abundance of restaurants, retail, and entertainment options at Frisco Square, including a Cinemark movie theater, a public library, and MLS franchise FC Dallas soccer stadium. Mirra is also adjacent to Frisco s City Hall and Medical City Frisco hospital.
It s sheer joy to commence yet another fantastic development with Toll Brothers, said Patrick Chen, CEO of Pondmoon. The growth of our multifamily portfolio in the Sunbelt markets, such as Frisco, is based on our firm belief in the economic and population growth of the region. The recent announcement of the upcoming Universal Studios to the north of Mirra is another example of Frisco s growth momentum. With the strong partnership between Pondmoon and Toll, we have every confidence that Mirra will be a rewarding success.
Mirra is adjacent to Remy and Kilby, two additional communities developed by Toll Brothers Apartment Living with other partners. Remy, a five-tale, 357-unit multifamily rental community in Frisco, broke ground in February 2022 and is anticipated to open this fall. Kilby, another Frisco community, was completed in 2021 and consists of 258 luxury units. This news follows Toll Brothers announcement in October 2022 of its plans to build various luxury rental communities in major markets across the country as part of a $1.9B partnership with Equity Residential.

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