DENVER, CO – Overland Property Group announced the grand opening of The Reserves at Green Valley Ranch mixed-income apartment community. Managed by Mission Rock Residential, the 216-unit community opened with residents moving in just in time to help alleviate the City of Denver’s growing housing affordability challenges.
“Our team has focused on the development of mixed-income housing since our company’s inception more than 20 years ago,” said Ryan Zent, the Vice President of Development with Overland. “We have been delivering affordable housing in Colorado’s mountain communities for years and are thrilled to now be doing the same right here in the Front Range. Denver’s housing needs are vast, and we are grateful to have participated in this successful partnership with both the City and State to help alleviate the growing demand for accessible housing in this fantastic community.”
The master-plotted community of Green Valley Ranch (GVR) was annexed to Denver from Adams County nearly 50 years ago. No longer the new addition to Northeast Denver, GVR now holds a well-established place within Denver’s thriving Aerotropolis metro area. GVR is home to schools, a golf course, a recreation center, a public library, Town Center Park, a light rail stop at Pena Station, and a booming economic opportunity with its close proximity to Denver International Airport and the Gaylord of the Rockies resort and convention center.
In 2021, the Gateway Landing development broke ground in the Northwest Quadrant of Green Valley Ranch, thanks to the investment of Equity Ventures Commercial Development and project partner Wall Development Group. The total Gateway Landing development includes plans to develop a total of 525 residential units alongside commercial properties as well. The opening of The Reserves marks the delivery of the first 216 residential homes within this project.
144 of The Reserves’ 216 residences were crafted as permanently affordable housing, with income restrictions for renters ranging from 30% to 80% of the area’s Average Median Income (AMI). These units have already undergone the pre-leasing phase, with nearly 500 Denver residents applying for the homes. This deluge of applications has captured the attention of the City and County of Denver’s Department of Housing Stability, which provided $2,160,000 in financing toward the project.
“Projects like The Reserves at Green Valley Ranch help to get us well on our way of meeting our goal of producing 7,000 affordable homes over just five years,” said HOST Executive Director Britta Fisher. “These homes will make a lasting difference for Denver’s hard-working individuals and families for decades to come.”
The 72 additional market-rate apartment homes have also just completed construction and are now available for lease as well. These residences range in size from one to three bedrooms.
The community’s robust amenity package provides the full resident population with outstanding features such as a clubhouse with a leasing office, a 24/7 fitness center, a community room with indoor/outdoor fireplace, a fully equipped business center, a private theater, covered outdoor seating and firepit along with a community basketball court, kid’s playground, walking trails and picnic areas.
Mission Rock Residential has been selected to manage this new community and is already in place on-site delivering their award-winning community management and community engagement activities, along with handling the leasing activity.
“We are delighted to have partnered with the Overland Property Group in the activation and management of this gorgeous new community,” said Meredith Wright, CAPS, CPM, President of Mission Rock Residential. “Our company has more than 10 years of experience in managing mixed-income communities across Colorado and around the country, and we are always thrilled when new communities like The Reserves open their doors, given the clear demand in markets like Denver today.”
In addition to Overland Property Group’s work with the City and County of Denver, the team also worked closely with the Colorado Housing & Finance Authority (CHFA) to garner tax credit support for the development, a key component of the project’s financing. The development was also made possible thanks to the IRS’ new income averaging program which allowed The Reserves to reach residents earning between 70-80% AMI, an audience who has historically been underserved. Through this income averaging program, residents will also have the chance to remain at The Reserves for longer periods, even as their income increases along the AMI spectrum.
“We have heard from residents in our apartment communities around the country that they want to be able to stay, and grow within their communities, not forced out due to incremental income increases,” said Matt Gillam, Managing Partner with the Overland Property Group. “Therefore, our team has worked hard to implement this new opportunity within the LIHTC program, and we are thrilled that our residents here in Green Valley Ranch will have the chance to stay in their homes and remain close with their neighbors and friends.”

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BOISE, ID – San Francisco-based real estate investment firm Hamilton Zanze announced the sale of Selway Apartments in Meridian, Idaho. The firm bought the property. The sale of Selway Apartments represents the firm’s ninth disposition of 2022.
“Selway was right down the fairway for Hamilton Zanze. Its size, vintage, and the Boise submarket itself all presented exciting opportunities at the time of acquisition,” said Anthony Ly, director of dispositions at Hamilton Zanze. “We are elated to have executed on this deal and delivered a positive outcome for our investors.”
During their ownership, Hamilton Zanze completed numerous exterior and landscaping improvements, upgraded community amenities and renovated units with new backsplashes, appliances, and hardware to improve leasing efforts and increase rental rates.
The Selway Apartments were built in 2009 and are located at 2552 West Selway Rapids in Meridian. The property comprises 171 units, averaging 942 square feet, across 19 buildings. The community has a pool, an indoor pool spa, a barbecue area, and a fitness center.
The Apartments are located in Meridian, the second largest city in Idaho. Selway is in close proximity to several major Boise employers, such as Boise State University. The property is close to Valley Regional Transit (VRT), which connects Meridian to other major areas in the Boise MSA. Selway Apartments is located 17 miles from Downtown Boise and 16 miles from the Boise Airport.

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ARLINGTON, TX – The Texas Rangers and The Cordish Companies gathered to celebrate the groundbreaking of One Rangers Way, a luxury residential community in the heart of the Arlington Entertainment District. The Rangers and Cordish were joined by Arlington Mayor Jim Ross, Arlington City Council, and community and business leaders from the City of Arlington and Tarrant County to recognize this exciting milestone.
One Rangers Way continues the incredible momentum of new development in the Entertainment District that started with the opening of Texas Live! in 2018. The project continues the next phase of over $1 billion of new development currently under construction in the Entertainment District that includes the forthcoming Loews Arlington Hotel & Convention Center, National Medal of Honor Museum and Spark Coworking.
“Today marks an vital milestone in the continued development and expansion of the Arlington Entertainment District,” said Texas Rangers Managing Partner and Majority Owner Ray Davis. “The construction of One Rangers Way will bring an upscale residential component to an area that is already widely known as one of the fastest growing sports and entertainment destinations in the country. The Texas Rangers are proud to partner with the City of Arlington and The Cordish Companies on this incredible project.”
One Rangers Way will celebrate the rich history of the state of Texas and showcase a unique design and curated art collection inspired by the Texas Rangers and America’s favorite pastime. Slated to open in 2024, One Rangers Way will make an exciting first opportunity to live steps away from Globe Life Field, Choctaw Stadium and AT&T Stadium. Its integration with the Entertainment District and proximity to these three iconic stadiums, as well as Texas Live!, Live! by Loews, Loews Arlington Hotel & Convention Center and the National Medal of Honor Museum, will offer a completely unique residential experience. One Rangers Way will feature high-end materials and appliances, expansive ceiling heights, floor-to-ceiling windows and meet National Green Building Standard (NGBS) certification. The 300-unit apartment community will offer a mix of 1-bedroom, 2-bedroom and penthouse apartment homes, as well as a parking garage with 423 spaces.
“It is a fantastic honor for The Cordish Companies to continue its partnership with the Texas Rangers and City of Arlington,” stated Blake Cordish, Principal of The Cordish Companies. “From day one, we knew that a vibrant residential community needed to be a part of our plans in making a best-in-class mixed-use development. With One Rangers Way, we have made an incredibly special building that will offer the first opportunity for residents to live within steps of three iconic stadiums, Globe Life Field, Choctaw Stadium, and AT&T Stadium, as well as the National Medal of Honor Museum just across the street. Today’s milestone is another vital step forward in delivering a world-class destination that will benefit the Arlington community and be a national draw for tourism for decades to come.”;
“One Rangers Way is a wonderful addition to our growing skyline in the Entertainment District and will bring unmatched lifestyle options to our community,” Arlington Mayor Jim Ross said. “We are grateful for this transformative development, made possible by our partnerships with the Rangers and The Cordish Companies.”
One Rangers Way will offer one of the most luxurious, resort-style apartment communities in the country with over 43,000 SF of interior and exterior amenity space. The project will offer an upscale living experience with one-of-a-kind amenities and services on par with the finest residential and condo buildings in the country.
“We are extremely excited to be breaking ground on One Rangers Way today,” said Marnie Sauls, Executive Director of Residential Management for The Cordish Companies. “There will be nothing like this building in the country. This is an incredibly exciting opportunity for our team to deliver a one-of-a-kind living experience in the heart of Arlington Entertainment District. We look forward to welcoming more residents to the Arlington community in 2024.”

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