ORLANDO, FL – Middleburg Communities, and SFO Capital Partners, a London-based global real estate investor and investment manager, announced they have jointly bought The Baldwin, a newly-built, 270-unit Class A multifamily community located 10 minutes from downtown Orlando and Central Florida s STEM corridor.
The Baldwin represents the second newly-built, Class A residential community that Middleburg has bought in Central Florida since July 2022, and follows SFO Capital Partners recent acquisition of 388 apartment units in Atlanta. Middleburg also bought the 330-unit Indigo Champions Ridge in Davenport, which sits just minutes from several well loved retail, dining and entertainment destinations and many of the region s major employers. Middleburg s investment activity in Central Florida also includes the development of Mosby Citrus Ride, a 300-unit lifestyle-oriented, attainable housing community in Davenport, announced in August.
We are pleased to continue expanding our presence in fundamentally strong and vibrant communities in Central Florida with the acquisition of The Baldwin, said Chris Finlay, CEO of Middleburg Communities. Given the area s continued growth and population inflows, there is a significant need for the high-quality, attainable housing communities we have bought or are developing. We look forward to continuing our pattern of generating high double-digit returns for our investors with these investments and leveraging our industry-leading, vertically-integrated platform to deliver superior living experiences for our residents.
Finlay added, It s an honor to be partnering with SFO Capital Partners on this acquisition. Like us, SFO Capital Partners possesses strong institutional knowledge of the multifamily industry and has an extensive track record of producing above-average returns for its investors. We plot to further expand this partnership by jointly pursuing additional value-add opportunities throughout the southeast and sunbelt.
Mohamad Abouchalbak, CEO of SFO Capital Partners, said, We are thrilled to partner with Middleburg on this compelling and defensive acquisition in Orlando, a metro with robust macroeconomic fundamentals, favorable demographics and a clear growth outlook. This latest acquisition supports our strong conviction in the U.S. multifamily sector and align with our strategy of acquiring stable, highly occupied brand-new assets benefiting from the strong and rising rental market. We are looking forward to growing our successful partnership with Middleburg.
The Baldwin, which opened last month, offers a state-of-the-art living environment within walking distance of many of Orlando s business and leisure generators, including the region s premier employment and education corridor. The community is ideally located adjacent to the upscale and affluent Baldwin Park neighborhood and centrally positioned between Interstate 4, State Route 408 and 417, making it just a 20-minute drive from more than 449,000 jobs.
The attainable residential community, which comprises nine, three-tale residential building situated on approximately 10.5 acres, offers multiple 1-, 2- and 3-bedroom floorplans complete with modern and upscale fixtures including gourmet kitchens, designer-plank flooring and wireless thermostats and lighting controls. The Baldwin also features numerous resort-style amenities, such as a swimming pool with pavilion, 24-hour fitness center, clubhouse, co-working station, dog park with pet spa, Amazon hub package center, EV charging stations and more.

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AUGUSTA, GA – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in the Augusta suburb of Martinez, Georgia.
“Lakeside on Riverwatch is located in an exceptional area, near the town ranked as the best place to live in the U.S. and the fourth fastest growing county in Georgia between 2010 to 2020,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “This is Capital Square’s sixty-second acquisition of a multifamily community for the DST/1031 program. Capital Square is bullish on multifamily investments like Lakeside on Riverwatch because they have the potential to provide both stable cash flow and appreciation for investors.”
Located at 4300 River Watch Parkway, the 19.28-acre property offers one-, two- and three-bedroom units averaging 1,109 square feet. The seller recently completed renovations on 95% of the apartment homes, which included the addition of new black or stainless-steel kitchen appliances, resurfaced countertops, faux wood vinyl flooring, kitchen backsplashes and updated lighting fixtures. Community amenities include a recently renovated clubhouse and fitness center, a swimming pool with a sundeck, grilling area, package delivery room, and a dog park featuring an agility course and washing station. The property is ideally located on Interstate 20 between Atlanta and Columbia, with simple access to Interstates 95 and 77.
Multiple retail outlets, including Publix, Kroger, Target and Walmart, are located within two miles of the property along Washington Road, a major local thoroughfare. Evans Towne Center Park, which features a splash pad, paved track, and playground, as well the Columbia County Performing Arts Center, are also within two miles of Lakeside at Riverwatch Apartments. Riverside Park, where residents can access the Savannah River and delight in boating, fishing and other water-related activities, is just five miles from the property.
Augusta is home to several large economic sectors, including advanced manufacturing, aerospace, chemical manufacturing, food manufacturing, customer service, cybersecurity, data centers and logistic centers. The city features 12 hospitals, two biotechnology business incubators, several life sciences companies, and the University System of Georgia’s premier medical university with an aligned clinical treatment and teaching facility. The medical industry is estimated to contribute approximately $10 billion annually to Augusta’s economy, which has the highest concentration of healthcare services in the Southeast and is widely recognized as a “healthcare destination.”4 Top employers in the area include EZGO Textron, Richmond County School System, Graphic Packaging, Ferrara USA, Fort Gordon/Cyber Center of Excellence, and the U.S. National Security Agency – Augusta.
“Lakeside on Riverwatch is an exceptional multifamily community that has been recently renovated and is located amidst a scenic part of the Savannah River basin,” said Whitson Huffman, co-chief executive officer. “The Greater Augusta economy continues to thrive, providing an abundance of quality job opportunities for its residents.”

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NEW YORK, NY – Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced it has completed the final close for its second real estate private equity fund. HVPG raised $292,420,000 in capital commitments, $42 million more than its $250 million target, from a broad range of institutional investors, including family offices, banks, endowments, foundations, insurance companies, healthcare companies, registered investment advisors and museums.
“The impressive array of institutional investors speaks to the strength of our platform and of this often-overlooked and traditionally undervalued asset class,” said Jason Bordainick, Managing Partner and Co-Founder of HVPG. “Hudson Valley Property Group strives to deliver a better standard of living for our residents and seeks reliable results for our investors. We are motivated to do well by doing excellent and our work is ensuring that housing stays affordable and within reach for families across America.”
The final close occurred during a period of record growth and investment activity for HVPG. The Firm’s first preservation fund closed in March 2019, with $60 million in capital commitments. It made 13 investments in 25 properties preserving over 4,000 units, on nearly $1B in projects. Today, the second fund has already bought nine properties across New York, New Jersey, Pennsylvania, Maryland and Rhode Island, including in new geographic areas, like Philadelphia and East Providence, expanding HVPG’s portfolio to seven states. HVPG anticipates preserving more than 10,000 homes with the latest investment fund. During that same timeframe, HVPG’s staff has grown by 54 percent.

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