COLLEGE PARK, MD – Gilbane Development Company s TEMPO student apartments, a brand-new, fully furnished community designed for University of Maryland students, recently completed on-time delivery, opening doors to residents.
The 8-tale student-focused community includes 296 units / 978 beds and 300 indoor parking spaces. The fully furnished studio, one-, two-, three-, four-, and five-bedroom apartments feature private ensuite bathrooms for each bedroom, fully equipped kitchens with stainless steel appliances, in-unit washer/dryers, simulated wood flooring, and flat screen TVs.
Residents of TEMPO will delight in a best-in-class amenity package including a pool, 3 outdoor courtyards, a rooftop oasis with firepit and TVs, fitness center, podcast and video studio, yoga studio, multisport simulator, makerspace with 3D printer, game lounge with pool tables, study lounge, coffee bar, bike storage, and covered parking. TEMPO is a pet-friendly community and offers residents a free shuttle to the University of Maryland campus.
We are thrilled to welcome University of Maryland students to our TEMPO community, noted Gilbane Development Company development director Christian Cerria. The outstanding, walkable location combined with unrivaled amenities and unit design provides UMD students with a truly superior community in which to live, learn, and thrive.
TEMPO opened to positive reviews from residents. Bright rooms, fantastic amenities, comfortable furniture, luxurious living, noted Gabi Gonzalez, a TEMPO resident. Not much more I could question for in a college apartment, staff was fantastic and very helpful with moving in. Also, I like all the incredible spaces for hanging out and getting work done. I m so glad I chose TEMPO

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WILSON, NC – Brazos Residential, a Dallas-based real estate private investment firm specializing in multifamily investments, announced the $41M acquisition of the Wilson Woods Townhomes located in Wilson, NC. The transaction marks the firm’s tenth acquisition in 2022.
Constructed in 1974, Wilson Woods Townhomes is situated on an expansive 31 acres at 1706 Vineyard Dr. in Wilson, NC, about 40 miles from eastern Raleigh. The community has 376 units and presents a desirable combination of generous one, two, and three-bedroom floor plans, with an average unit size of over 1,000 square ft.
“Wilson Woods has an exceptionally unique tale,” clarifies James Roberts, Managing Partner, and Cofounder. “The asset has been owned by the seller for over twenty-five years. This type of long-term, privately owned property is very rare, especially in highly sought-after markets in North Carolina.”
The community is the firm’s seventh North Carolina acquisition this year and highlights the company’s investment strategy of purchasing value-add opportunities with significant operational upside in growing cities near well-established markets like Raleigh-Durham.
“This investment continues to support our thesis of targeting strong emerging markets with immense potential. Given its proximity to Raleigh-Durham, the property provides strategic synergies to Brazos’ expanding portfolio in eastern North Carolina,” proclaims William Hancock, Managing Partner, and Cofounder. “We are excited to reposition this asset and capitalize on its operational inefficiencies to maximize returns to our investor partners and improve the living experience of the tenants.”

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NASHVILLE, TN – Subtext, a St. Louis-based integrated real estate development company, and Brinkmann Constructors, a St. Louis-based national general contractor, held an official groundbreaking ceremony for LOCAL Midtown, a 15-tale multifamily project in Midtown Nashville. LOCAL Midtown is expected to be completed and open for leasing in 2024.
Located at 1904 Hayes Street, the 270,000-SF residential complex will contain 307 total units with a mix of studios, one-, two- and three-bedroom layouts. The modern design by architect Dynamik Design features 10,000 SF of total amenity space. Amenity highlights include a curated coffee bar and micro market on the first floor, a music studio and recording booth on the fifth floor, and several unique spaces on the sixth floor – media lounge, speakeasy, collaboration spaces, gaming room, fitness center with coach-led classes, library and outdoor amenity deck with a swimming pool. The 15th floor features a sky lounge and deck with sweeping views of downtown Nashville. A five-level covered parking garage will be available to residents.
“Our goal—as with our other developments in dynamic growth cities— is to make a residential community that supports how urban residents want to live, work and socialize,” said Brandt Stiles, Principal of Development, Subtext. “The massive growth in millennial population in Nashville means there is demand for gorgeous, thoughtfully designed multifamily properties. But rather than just delivering a new building, we want to close a gap between residents’ desire for social connection and the actual experience of it.”
Using innovative exteriors, such as faux acrylic brick, the Brinkmann team was able to reduce the structure cost through creative and insightful preconstruction engineering. And a revised foundation system reduced the cost as well as the schedule and potential unknowns of the site geography.
“Brinkmann is thrilled to be continuing our valued partnership with Subtext to bring LOCAL Midtown to Nashville,” said Brian D. Satterthwaite, President of Brinkmann Constructors. “Our relationship works to make unique living spaces for communities.”
Nashville’s millennial population continues to soar, increasing by nearly 15% since 2014 and accounting for 30.4% of its population in 2019. With population growth comes a much greater demand for new, modern multifamily developments.
Brinkmann and Subtext recently completed LOCAL Boise, a seven-tale multifamily building in downtown Boise, Idaho. The LOCAL Midtown project marks the first foray in Nashville for both firms.

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