ASHBURN, VA – TGM announced the acquisition of TGM Moorefield, a garden and mid-rise style community with 413 apartment units and 30,000 square feet of retail in the Moorefield Station neighborhood of Ashburn, VA.
The community is minutes from the newly opened Ashburn Silver Line Metro station connecting this transit-oriented location to Dulles Airport, Reston, Herndon, Tysons & the heart of Washington D.C.TGM Moorefield, located in Loudon County was completed in 2009 and is sited on approximately 15 acres just north of Loudon County Parkway with its leasing office and clubhouse at 22555 Leanne Terrace. The property is on the southwest side of the Dulles Greenway (Rt. 267) and is bordered to the northeast by Ashburn proper, to the northwest and west by Brambleton and to the south by Loudoun Valley Estates.
Ashburn boasts an brilliant live-work-play location as evidenced by its 2021 ranking as No. 5 on Money Magazines 50 Best Places to Live in the United States. The area has extensive parks, biking and walking trails and access to numerous outdoor recreational activities. The Ashburn public school system is highly ranked and the property is within walking distance of Moorefield Station Elementary School. Employment opportunities are abundant within the proximate and expanding Dulles Technology Corridor and Data Center Alley. TGM Moorefield is also near the regions other major employment centers including Dulles Airport, Reston, Herndon, Tysons, and Fairfax.
The design, layout and construction of the apartments are brilliant with studio, one- two- and three-bedroom apartments. TGM will be renovating all apartment interiors with new kitchen cabinets, countertops, appliances, flooring, lighting, and hardware fixtures. Bathrooms will be renovated to match the finishes of the kitchen. Community amenities include a swimming pool with sundeck, landscaped courtyard with grilling areas, dog park, 24-hour fitness center, yoga studio, entertainment and game room and an outdoor veranda with lounge seating.
“TGM Moorefield presents a fantastic opportunity to continue TGM’s expansion in the Northern Virginia region. The community boasts an outstanding location in the Moorefield Station neighborhood minutes from the newly opened Ashburn Silver Line Metro station. Ashburn and Loudon County are some of the top-ranked business communities in the United States with some of the most educated labor pools. The area continues to attract residents who are drawn to the abundant lifestyle conveniences and the overall high quality of living, said Zach Goldman, Managing Principal and Chief Operating Officer for TGM.
TGM Moorefield is managed by TGMs’ property management company, TGM Communities. Also owned and managed by TGM in the Maryland/Northern Virginia region are TGM Bull Run (Manassas, VA), TGM Ridge (Manassas, VA), TGM Sudley Crossing (Manassas, VA), TGM Odenton (Odenton, MD), and TGM Creekside Village (Glen Burnie, MD).
TGM Moorefield was marketed by Walter Coker and Brian Crivella of Berkadia Real Estate Advisors.

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CHICAGO, IL – JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has bought Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, from Fiduciary Real Estate Development, Inc. JVM will rename the apartment community to The Bluffs.
“We are thrilled to add another best-in-class investment opportunity to our growing portfolio,” said Jay Madary, president and CEO of JVM Realty Corp. “The combination of luxury, style and convenience this property provides, along with JVM’s award-winning management team delivering a superior resident experience, positions the property to perform at a high level for years to come.”
Located at 501 S. Weber Road in the family-friendly village of Romeoville, The Bluffs was built in 2021 and offers layouts ranging from junior one-bedrooms to three-bedroom, two-bathroom apartment homes. Residents delight in spacious units with private direct entries, designer-inspired contemporary finishes including stainless steel appliances, quartz countertops, plank-style flooring, walk-in closets, luxurious spa bathrooms with glass shower enclosures and full-size washers and dryers. Many apartment homes come with an attached garage and private patio or balcony.
Expansive community amenities complete the 21-acre site with a fully equipped 24-hour fitness center, clubhouse with caterer’s kitchen, a pool with sundeck, an outdoor living room with grilling stations and a fireplace and a dog park and pet washing area.
The property is in Will County, 45 minutes southwest from downtown Chicago and provides residents with immediate access to I-55 and I-80 industrial and job corridors as well as a multitude of dining, shopping and entertainment options. Will County’s employment base has expanded considerably over the past decade and continues to grow at a rate well above the state and national average with three state-ranked hospitals and notable employers including Amazon, Wayfair, FedEx, WeatherTech and Lewis University.
Fiduciary Real Estate Development has been an active seller this year. “We picked JVM as a buyer as we recently concluded a prior transaction with them with one of our Wisconsin properties,” said Steve Bersell, Chief Operating Officer of Fiduciary Real Estate Development. “Like our prior transaction with JVM, the Romeoville transaction went smoothly from offer to closing.”
The JLL Capital Markets Investment Advisory team representing the seller was led by Senior Director Wick Kirby, Director Amanda Friant and Senior Director Kevin Girard.
“We are very thankful for the opportunity to work with Fiduciary on the disposition of this brand-new, best-in-class property in quick-growing Romeoville,” said Wick Kirby of JLL. “It was a pleasure to work with the JVM team and we have no doubt they will have fantastic success with this fantastic acquisition.”
With this latest acquisition, JVM now owns and manages seven apartment communities in Illinois and 22 communities representing $1.6 billion in assets under management throughout the Midwest.

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ATLANTA, GA – Centennial Yards Company announced the groundbreaking of Centennial Yards, one of the largest and most ambitious city-center developments in the United States. Atlanta Mayor Andre Dickens joined Atlanta Hawks owner Tony Ressler, CIM Group Co-Founder and Principal Richard Ressler, Grant Hill, Vice Chair of Atlanta Hawks, and Michael Russell, CEO of H.J. Russell and Company, to celebrate the start of new construction at Centennial Yards. The $5 billion 50-acre development is located at the site where Atlanta was founded, and is expected to contain 8 million square feet at full completion, with 4 million square feet of new residential buildings and 4 million square feet of commercial buildings, including new office, retail, restaurants, and hotels.
Construction commenced today on the first two ground-up high-rise buildings, an 18-tale full-service boutique hotel named Anthem, and an 18-tale residential tower, located adjacent to Mercedes-Benz Stadium and State Farm Arena. Both towers, designed by award-winning Atlanta-based architecture firms Goode Van Slyke Architects (GVSA) and TVS Architecture + Design, are slated to be complete in 2025. Mayor Dickens and the development team were joined by Steve Koonin, CEO of Atlanta Hawks and State Farm Arena, John Hope Bryant, entrepreneur and founder of Operation Hope, Steve Smith, NBA Champion and NBA TV studio analyst, and Ambassador Andrew Young.
“This is a historic day for Centennial Yards, CIM Group, our partners, and for Atlanta, and we are delighted that the project is taking such a major step forward, only a year after securing our development agreement with the city,” said Centennial Yards Company President Brian McGowan. “Centennial Yards is one of the most ambitious developments in the country and today’s groundbreaking on the first ground-up towers not only marks an extraordinary day in Atlantahistory but also the celebration of our shared vision for a vibrant Downtown coming to life.”
Centennial Yards’ commitment to the City of Atlanta will ensure that the new live-work-play neighborhood will be built by and for Atlantans. The overall development delivers: 20% affordable housing for 99 years. 8% goal of minority and female owned business participation in the project including design, development and property management. 25% of entry-level construction jobs at Centennial Yards — and 10% of all construction jobs — are targeted for workers from around Downtown Atlanta, with hundreds of jobs for the 2 buildings breaking ground.
“With the development of Centennial Yards, we have an opportunity to further revitalize Downtown while bridging the gap between the east and westsides of our city,” said Mayor Andre Dickens. “This project is uniquely Atlanta—bringing the public, private and non-profit sectors together to dream huge and do a plot in a thoughtful and deliberate manner.”
“We are one step closer to making an incredible experience for our fans, and a world-class new neighborhood for all Atlantans to live, work, and play,” said Grant Hill, Vice Chair of the Atlanta Hawks. “I’m proud to be part of the group led by Tony Ressler that is supporting the project’s work to provide affordable housing for the Atlanta community and empower minority- and women-led businesses to grow. Together, we have committed millions of equity dollars as well as our focus, energy, time and resources to make Centennial Yards and Downtown Atlanta a model for other cities.”
With an overall site plot designed by a global team led by world-renowned architecture firms Foster + Partners and Perkins&Will, Centennial Yards is a $5 billion mixed-use destination in the Southeast’s largest, most influential market. The 50-acre site, formerly known as “The Gulch,” is expected to offer 8 million square feet of world-class new commercial and residential space comprised of 4 million square feet of dynamic retail, entertainment, modern office, and hotel, and 4 million square feet of new residential, as well as a vibrant public realm that will provide outdoor gathering spaces to all Atlantans and visitors of Centennial Yards.
Anthem, an 18-tale full-service boutique hotel, will feature spacious guest rooms averaging over 400 square feet, pool deck with bar and event room with capacity for large events, 8,000+ square-foot ballroom with views overlooking Centennial Yards, and a rooftop restaurant and bar with views overlooking Downtown Atlanta. Nearby, an 18-tale amenity-rich residential tower will offer apartments ranging from studios to 3 bedrooms, with interior design by TVS Architecture + Design. In addition to the residential offering, the building will feature a pool with event lawn and grilling stations, on-site co-working space, dog run, fitness center with state-of-the-art Technogym equipment, and multiple residential lounges.
Located in the Southeast’s home to a thriving film and TV production community that has led to Atlanta’s nickname as the “Hollywood of the South” and expanding corporate campuses from tech giants like Microsoft and Google, Centennial Yards will link surrounding historic neighborhoods that have been disconnected by industrial infrastructure for decades. Anchored by the Atlanta Hawks’ State Farm Arena and Mercedes-Benz Stadium—home to the Atlanta Falcons and Atlanta United, and bordered by multiple MARTA heavy rail stations, Centennial Yards will fill a literal hole in the heart of the city. Drawing nearly 18 million yearly visitors, Downtown Atlanta is also home to major attractions including the Georgia Aquarium, World of Coca-Cola, the National Center for Civil and Human Rights, and Georgia World Congress Center, one of the country’s top convention centers. Centennial Yards is also expected to be the center of gravity for experiencing the recently announced 2026 FIFA World Cup in Atlanta.

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