LUBBOCK, TX – Altus Equity Group completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, reinforcing the firm’s continued investment activity as it actively deploys capital amid ongoing uncertainty across the real estate capital markets.
The off-market transaction reflects Altus’ disciplined approach to identifying cash-flowing assets with strong in-place performance and financing structures that provide flexibility across market cycles.
“This acquisition is consistent with how we approach investing—prioritizing durable operations, downside protection, and the ability to adapt as market conditions evolve,” said Andy Eicher, Senior Vice President of Investments at Altus Equity Group. “We remain active in sourcing and executing opportunities where pricing, operations, and capital structure align.”
The portfolio consists of two adjacent communities—Bentwood Apartments and Bend at Bentwood Apartments—located along Loop 289 near major retail and employment centers. At closing, the properties were approximately 99% occupied and financed with long-term, fixed-rate assumable debt. No renovation program is plotted.
The transaction capped an active year for Altus. In 2025, the firm bought eight multifamily properties across West Texas, expanded into small-bay industrial with a 160,000-square-foot acquisition in the Dallas–Fort Worth Metroplex, and launched the Altus Secured Income Fund. The firm expects to continue its acquisition activity and further expand its investment platform in 2026.

Powered by WPeMatico

DALLAS, TX – Quarterra, an industry-leading multifamily development and investment management firm, recently welcomed its first residents at Emblem Ravine, its newest attainable community in the Oak Cliff neighborhood of the Dallas-Fort Worth Metroplex.
Quarterra made the Emblem program to help address the national supply shortage of housing for middle-income renters. Emblem property development deploys a programmatic approach that utilizes consistent high-end interior finishes from one Emblem community to the next. Amenity designs and property features such as social rooms and fitness centers also follow a consistent programming approach. The focus on consistency allows Emblem developments to reach the market within an expedited time frame.
Emblem Ravine is Quarterra’s first Emblem community delivered in Texas, and 10th Emblem community delivered nationwide. Emblem Ravine features 372 spacious apartment homes in a modern garden-style community. With a proven amenities package and simple access to regional employers, schools, outdoor recreation, retail and dining, Emblem Ravine delivers an elevated living experience.
“The demand for attainable high-end housing for middle-income professionals isn’t abating, and Emblem Ravine helps to infuse much-needed inventory into the Dallas market,” said Nick Jacob, Director of Development at Quarterra. “The scale of the national Emblem model enables us to construct quality apartment homes at a significantly lower price point and better meet the needs of this overlooked demographic. We’re proud to welcome the first residents to Emblem Ravine and look forward to entrenching ourselves in the Oak Cliff community.”
Situated at 3500 W. Colorado Blvd., Emblem Ravine is ideally positioned along the Interstate 30 corridor and west of Downtown Dallas in the Oak Cliff neighborhood. Authentically Dallas with its historic character, cultural energy and active lifestyle, Oak Cliff puts destination dining, shopping and entertainment venues right at residents’ fingertips.
The Oak Cliff submarket is home to a diverse collection of local restaurants, independent coffee shops, retail and cultural destinations which feed the creative energy of the neighborhood. The retail and entertainment nodes of Trinity Groves and the Design District are just minutes from the property, adding to the dynamic offerings in the west Dallas area. Area attractions like Bishop Arts District, Stevens Park Golf Course and Kessler Park all provide escapes in the immediate vicinity, while Downtown Dallas is still readily accessible for entertainment or nightlife. House of Blues – Dallas, South Side Music Hall and Morton H. Meyerson Symphony Center, Dallas Farmers Market and Turtle Creek Arts Festival all host cultural events, while sports enthusiasts can catch a game at American Airlines Center, Cotton Bowl Stadium and Gerald J. Ford Stadium of Southern Methodist University.
The property is conveniently located near Westmoreland Road and Interstate 30, an east-west arterial highway that connects the Dallas CBD, the Mid-Cities of Arlington and Grand Prairie, and the Fort Worth CBD. The strategic positioning near key transportation corridors make ideal accessibility to Dallas employment hubs and attractions, as well as simple commutes to the neighboring cities of Arlington, Grand Prairie and Irving. The property is also just 20 minutes from Dallas Like Field and Dallas Forth Worth International Airport. Major regional employers — including AT&T, Parkland Health and Hospital System, UT Southwestern Medical Center, Texas Instruments and Amazon — are all within simple reach. Residents will also benefit from convenient access to office locations of several financial service firms that are moving to the uptown area in the coming years, including Bank of America, Goldman Sachs and ScotiaBank.
Apartment homes at Emblem Ravine include a mix of one-, two and three-bedroom layouts, ranging from 738 to 1,462 square feet. All homes come equipped with in-unit washers and dryers. Kitchens are appointed with stainless steel appliances and quartz countertops, and living spaces feature luxury vinyl flooring throughout. Sleek tile tub and shower surrounds produce a spa-like ambiance in bathrooms, and bedrooms incorporate expansive closets to extend storage space.
Community amenities include a resort-style pool and deck with loungers, as well as a veranda overlooking the pool area with a cozy fire pit for social gatherings. Outdoor grilling stations, a putting green, a dog park and an open air TrekFit fitness circuit contribute to an active outdoor environment, while a social lounge for entertaining keeps the energy going indoors. Covered carports and Parcel Pending package lockers also contribute to a convenient living experience.

Powered by WPeMatico

LAS VEGAS, NV – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, and Rockefeller Group, a national developer, announced that pre-leasing is underway for Miraluna, a 342-unit Class A apartment community in south Las Vegas. Adjacent to the Southern Highlands Master-Plotted Community, the resort-inspired development is now accepting applications, with initial go-ins beginning in March 2026. Miraluna, formerly known as Silverado, marks The NRP Group s entry into the Las Vegas market and the continuation of Rockefeller Group s growth in Nevada.
Miraluna features a curated collection of one-, two-, and three-bedroom residences, designed with contemporary finishes and versatile layouts to complement diverse lifestyles. Residents will delight in an array of indoor and outdoor amenities that promote wellness, walkability and social connection. This distinctive blend of comfort and sophistication positions Miraluna as a premier destination for high-end, resort-inspired living in Enterprise.
We are excited to bring Miraluna to life as Rockefeller Group s first Las Vegas community in such a desirable and vibrant location, said J.P. Harlow, Managing Director for Rockefeller Group in the West Region.
From the architecture to the shared spaces, the community was designed to offer residents a lifestyle that feels both luxurious and welcoming. Miraluna adds a new option for renters who want modern interiors, resort style amenities with all the latest wellness offerings and access to the best of Las Vegas, added Matt Bruns, Director for Rockefeller Group.
Situated on a 13-acre site, Miraluna features 15 three-tale, garden-style residential buildings totaling 342 units. Its locally inspired architecture, designed by Las Vegas-based Perlman Architects, incorporates stone and metal accents that distinguish the community from traditional stucco-style properties in the area.
Miraluna is located in the town of Enterprise, offering residents proximity to major job corridors, retail centers and landmarks including the Las Vegas Strip, Allegiant Stadium and Harry Reid International Airport, all within a seven-mile radius. The community is also a small distance to both Henderson and Summerlin.
Enterprise continues to attract renters seeking premium housing near major employment centers and lifestyle destinations, said Chris O Neill, Executive Vice President of Development at The NRP Group. Miraluna responds to that demand by delivering thoughtfully designed homes with modern interiors and a robust amenity program that enhances the everyday resident experience.
Miraluna will feature a 7,000-square-foot clubhouse with a social and sports lounge, communal kitchen, fitness center with a yoga room, and a coworking space with offices and meeting rooms designed for remote professionals and students. Outdoors, residents can delight in a resort-style pool with cabanas, pickleball and bocce courts, dining and grilling areas, a sauna, yoga lawn, fire pit, and dog park.
Residential interiors feature quartz countertops, stainless steel appliances, upgraded cabinetry and LED backlit bathroom mirrors. The community offers detached garages, carports and extra storage space for residence, and select apartments include balconies and private yards.
Las Vegas is a priority market for The NRP Group. In 2025, the firm broke ground on nearly 1,200 units across four developments throughout the city, spanning luxury, market-rate and affordable housing. The NRP Group has developed more than 62,000 apartment homes since 1994 and currently manages over 30,000 residential units across the U.S.
Rockefeller Group is a diversified development company focused on multifamily, office and industrial real estate nationally. The company has been active in Nevada since 2022 and has developed more than 650,000 square feet of premier logistics real estate in the Las Vegas area. The company was founded in 1928 for the development of New York s Rockefeller Center, and over the past decade has completed more than 3,000 luxury residential rentals and condominiums across the U.S., with nearly 4,000 multifamily units in various stages of construction or plotting.
Construction of Miraluna started in December 2024, with final completion slated for Q1 2027. Pre-leasing is actively underway, with initial go-ins commencing in March 2026.

Powered by WPeMatico