ORLANDO, FL – The Bainbridge Companies, a fully integrated family of real estate companies engaged in the development, construction/renovation, management, and acquisition of residential and commercial real estate as well as a leading owner, developer, and manager of luxury multifamily apartment communities, announced its newest residential property, Bainbridge Mission Pointe, is open.
Located at 12231 Pioneers Way, Orlando, Fla. 32832, Bainbridge Mission Pointe is a luxury multifamily apartment community that offers 300 modern one-, two-, and three-bedroom apartment homes ranging from 885 to 1,589 square feet. Each apartment home is pet-friendly and offers stainless steel GE appliances, two-inch faux wood blinds with Carrara marble window sills, a private patio or balcony, a smart electronic deadbolt keyless entry, Wi-Fi smart thermostat with touchscreen, and gourmet kitchen islands.
This is the third Bainbridge apartment community on Lake Whippoorwill, following in the footsteps of Bainbridge Nona Place and Bainbridge Narcoossee Cove, said Bob Thollander, president of development at The Bainbridge Companies. With The Lake Nona ‘Medical City a stone s throw away from Bainbridge Mission Pointe, this community will have just about everything going for it: fantastic schools, close proximity to fantastic high-paying job opportunities, fine dining, shopping, and entertainment options.
Bainbridge Mission Pointe also offers 9-foot ceilings with fans in the living room and all bedrooms, and a full-size, side-by-side, or stacked washer and dryer. The first residents of each apartment home may choose a finishing package of brown slab cabinets with quartz and herringbone tile backsplash or white shaker cabinets with quartz and subway tile backsplash.
Community amenities include lake frontage with a boat ramp and pier on Lake Whippoorwill, an infinity-edge saltwater pool overlooking the lake, a cyber café with a coffee bar and lounge areas, a 24-hour fitness center with cardio and strength training, a 24-hour clubhouse with an entertainment island, electric vehicle charging stations, a 24/7 secured access package room, and more.
Thollander added, We are very pleased with how this community is coming together. We carefully and creatively designed it specifically for the Lake Nona Lifestyle. It also has the major bonus of being one of the few remaining lakefront apartment communities in the Metro Orlando area. There are incredible views of Lake Whippoorwill throughout the project. We wanted to activate the waterfront as much as possible, so we incorporated a large walking trail along the entire waterline as well as a boat ramp and fishing pier. This truly is a resort-style community and one of the premier lakefront apartment developments ever built in Orlando.

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CHARLOTTE, NC – Madison Communities, an affiliate of Madison Capital Group, has recently broken ground on 253 units located in the West Charlotte Submarket at the corner of Wilkinson and West Morehead in ;Charlotte. Construction commenced in September.
Madison Ashley Park will feature 253 units incorporated into a four-tale building. Project amenities will include luxury unit finishes, integrated clubhouse with fitness center, outdoor lounge with summer kitchen, a resort-style pool and pool deck with grilling stations and cabanas. The project will be delivered by Benco Construction, Madison’s affiliate general contracting group.
“We remain very active in the Charlotte area, with 4 additional multifamily communities under construction in the region, as well as across the Carolinas. We also have communities under construction in Raleigh, Asheville, and Charleston,”said Ryan Hanks, CEO of Madison Capital Group.
The project was capitalized via a partnership with Madison Capital Group and The Carlyle Group, a private equity and alternative asset management firm based in Washington, D. C.

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WASHINGTON, DC – NHPF, a national not-for-profit provider of quality affordable housing, announced that it has closed on the acquisition of Elm Gardens Apartments, a 3-tale building with 36 apartments and parking spaces in the Takoma neighborhood of Washington, D.C. The acquisition is made possible via a $7.5M loan from the Low Income Investment Fund (LIIF) funded through the DC Preservation Fund, a joint venture between LIIF and the DC Department of Housing and Community Development (DHCD), and a $2M acquisition/predevelopment loan from the National Housing Trust (NHT).
Elm Gardens Apartments is a key addition to the community, converting naturally occurring affordable housing (NOAH) at risk of being lost, into LIHTC housing, said Mansur Abdul-Malik, SVP of Development, NHPF, The development is made possible via the Tenants Opportunity to Buy Agreement, (TOPA) the District s unique partnership program between developers and tenant associations. Elm Gardens marks NHPF s eighth TOPA deal in the District.
NHPF plans to demolish the existing structure and replace it with up to 110 units of new construction that will be at least 90% affordable, with an average AMI of no more than 60%, added Michael Simon, lead developer on the property, This is due to some of the existing residents being over-income for the LIHTC program.
The new building is expected to feature 23 studio, 53 one-bedroom, and 34 two-bedroom residences as well as onsite resident services provided by NHPF subsidiary, Operation Pathways. Additional amenities include an onsite gym, bike parking, mail room, community room with an office for the Tenant Association, community roof deck, and onsite management and leasing offices.
New construction is scheduled to commence in 2024, dependent upon a LIHTC award and soft financing from DHCD through the Housing Production Trust Fund (HPTF).
The opportunity to deliver 110 new construction apartments, 10% set-aside as permanent supportive housing, is in keeping with NHPF s mission to preserve affordability, said NHPF CEO Richard F. Burns. Elm Gardens Apartments will offer new options for quality housing in a vibrant community.

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