SALT LAKE CITY, UT – Los Angeles-based Orion Real Estate Partners announced that it has bought Lakeside Village, an active adult multifamily community in Salt Lake City, Utah. Lakeside Village enjoys picturesque views of the Wasatch Mountains and sits on a 7.7-acre site with desirable amenities including a clubhouse, community pond, resident garden and outdoor swimming pool and spa. Built in 1997, 100% of units are in classic condition and the property will undergo renovations to improve the property’s amenities and unit interiors.
Orion bought the property in partnership with Denver-based Headwaters Group and Atlanta-based Formation Development Group. The combined team will bring together deep operational knowledge and experience within the active adult space to deliver best in class services for the community.
This marks Orion’s third acquisition in Utah and 23rddeal overall since 2016, and the firm is focused on expanding its portfolio in Utah and other high growth western states. Salt Lake City was recently ranked as the #1 market in the country according to a CBRE research report and has outpaced the national average in both job and population growth, growing at over two times the rate according to data from the US Census Bureau.
Orion secured a fixed rate loan from CBRE’s San Diego Capital Markets team through Fannie Mae. Orion will utilize Salt Lake City-based property management company AMC, which currently manages over 1,200 units for Orion.

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SALT LAKE CITY, UT – Los Angeles-based Orion Real Estate Partners announced that it has bought Lakeside Village, an active adult multifamily community in Salt Lake City, Utah. Lakeside Village enjoys picturesque views of the Wasatch Mountains and sits on a 7.7-acre site with desirable amenities including a clubhouse, community pond, resident garden and outdoor swimming pool and spa. Built in 1997, 100% of units are in classic condition and the property will undergo renovations to improve the property’s amenities and unit interiors.
Orion bought the property in partnership with Denver-based Headwaters Group and Atlanta-based Formation Development Group. The combined team will bring together deep operational knowledge and experience within the active adult space to deliver best in class services for the community.
This marks Orion’s third acquisition in Utah and 23rddeal overall since 2016, and the firm is focused on expanding its portfolio in Utah and other high growth western states. Salt Lake City was recently ranked as the #1 market in the country according to a CBRE research report and has outpaced the national average in both job and population growth, growing at over two times the rate according to data from the US Census Bureau.
Orion secured a fixed rate loan from CBRE’s San Diego Capital Markets team through Fannie Mae. Orion will utilize Salt Lake City-based property management company AMC, which currently manages over 1,200 units for Orion.

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MINNEAPOLIS, MI – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management and operation of high-quality residential communities, announced its first development in Minnesota in a prime commercial district of Minneapolis. The Standard at Dinkytown is a 1,021-bed community within walking distance to the University of Minnesota (UM) in the heart of UM’s Greek Row.
“We look forward to bringing our high-quality, purpose-built student housing product to the University of Minnesota,” said Wes Rogers, President and CEO of Landmark Properties. “Our first development in Minnesota will feature The Standard’s best-in-class amenities and premium proximity to campus.”
Located at 514 14th S Avenue, The Standard at Dinkytown will offer several distinct floor plans, ranging from studio to five-bedroom apartments, with 30 affordable housing units. The Standard’s best-in-class luxury amenity package and location in Minneapolis’ primary hub for dining, bars, live music and retail is unmatched and will stand out to potential residents when weighing options among comparable properties. Rental rates at The Standard will include cable, internet, trash, and all furniture.
The Standard at Dinkytown will offer residents luxury amenities such as a resort-style outdoor pool area, equipped with a jumbotron, sun deck, cabanas, outdoor grilling stations and rooftop hot tub overlooking Minneapolis and the Mississippi River. Additionally, residents will have access a state-of-the-art fitness center, clubhouse with computer lab, gaming lounge, study lounge with café and Amazon package lockers.
Inside the apartments, all units will feature a gourmet kitchen with quartz countertops, ample cabinet space, premium flooring and stainless-steel appliances. Every apartment is fully wired for high-speed internet and cable, and will include large closets, private baths, and in-unit washers and dryers. Students who have access to a vehicle can buy a parking space in The Standard’s covered garage that will also include dedicated scooter and bicycle spaces.
The University of Minnesota represents the ninth-largest, single-campus enrollment of any university in the United States, enrolling more than 50,000 students each fall. The university is one of five universities in the nation with an engineering school, medical school, law school, veterinary medicine school, and agricultural school all on one campus, and its pharmacy school is ranked third in the nation among public universities. The Standard at Dinkytown is expected to start construction this year and welcome students for fall 2025.

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