HOLLAND, MI – The retirement community West Michigan seniors have been keenly awaiting is finally underway. The first shovel hit the ground on August 22, 2022, marking the beginning of construction of The Farmstead by Resthaven, the visionary behind the project.
The Farmstead by Resthaven, a new Independent Living and Helped Living campus serving the greater Holland community, will be situated on the nearly 40 acres of vacant property near Van Raalte Park. Surrounded by nature and walking trails, it will provide a cool, silent setting, while inviting plenty of opportunities for recreation, activities, and friendship building.
The sizable property accommodates a variety of residence styles, from single-family homes to duplexes to apartment buildings. All residences are designed to be spacious and modern, with open, accessible floor plans. Private rooms in the onsite helped living and memory care building are also an option. No matter which housing option residents choose, they’ll have the peace of mind of guaranteed access to Resthaven’s continuum of care.
Though all the standalone homes are reserved, there are still a small number of apartments available. Those interested in securing a space are encouraged to contact Resthaven straight away.
“We are so excited to finally delight in maintenance-free living, after decades of mowing, shoveling, and home repair,” say future residents Dave and Donna Hupe­­­­­­­­­­­­­­­. “When we chose to downsize, we really wanted a place where we could truly delight in our retirement. The Farmstead offers everything we’re looking for.”
Another appealing feature of The Farmstead by Resthaven is the clubhouse, where residents can socialize, take classes, delight in meals, and more. The Farmstead is also minutes away from the shops, eateries, and entertainment of downtown Holland.
“We heard clearly that seniors in Holland want to stay actively involved in their community,” said Deedre Vriesman, President and CEO of Resthaven. “The Farmstead is in direct response to the need for more independent living and helped living memory care in our community. Resthaven has been dedicated to caring for seniors for over 75 years and we are excited for The Farmstead which will help us do so for years to come.”
Resthaven, the only faith-based, non-profit senior healthcare and living organization in Holland, has been a fixture in the community for more than 75 years. They’ve seen the needs of seniors first hand and have continually evolved their outlook and offerings to stay relevant—and be the resource today’s families require. Knowing that seniors expect to have active, engaging retirement years, they’ve made The Farmstead as a Life Plot Community, where lifestyle, relationships, and physical and emotional wellbeing are priorities. With the added benefit of Resthaven’s continuum of care, which includes helped living, long-term nursing care, memory care, rehabilitation, and home care, residents will have the support they need now or anticipate needing in the future.
The Farmstead has been in design and plotting since early 2019. Development of the project was slowed by the pandemic, but demand for the new units at The Farmstead remained high. The project is being designed by Atlanta, GAbased architecture firm, THW Design. EV Construction will serve as the project’s Construction Manager. EV anticipates having hundreds of local workers engaged in the construction process over the next 18 months.
John Parker, EV Construction’s Vice President of Project Development shared, “EV Construction and Resthaven both celebrated 75 years of business during the pandemic. Our organizations have worked together for most of those years. As the world moves past the worst of the pandemic, we look forward to starting this next exciting project together.”
Construction of The Farmstead by Resthaven will continue through 2023, with a grand opening expected in 2024. Resthaven recently celebrated the grand opening of The River Place, an independent living apartment residence that’s also a Life Plot Community. Located amid the excitement of downtown Holland, this modern complex further demonstrates Resthaven’s commitment to serving and responding to the needs of today’s seniors.

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COLUMBUS, OH – Leste Group s real estate debt and structured equity arm and SAR Apartment Capital, a national multifamily investment firm, announced they have completed the $23.6 million acquisition of four multifamily properties in Columbus, Ohio that comprise 556 apartments in total.
The properties in the portfolio include: Winterwood Apartments, a 4-acre, 135-unit complex located at 4388 Walford Street; Winterwood Gardens, a 3-acre, 99-unit building located at 1980 Belcher Drive; Tall Oaks Apartments, a 7.8-acre, 160-unit community located at 2300 Fitzroy Place South; East Worthington, a 9.1-acre, 162-unit property located at 869 East Dublin Grandville Road.
Each has convenient access to nearby employers, retail and entertainment, and major highways.
All four properties are located in the Northeast submarket of Columbus, which has loved healthy demand over the past decade. Middle class, workforce housing is driving demand in the submarket and represents nearly half of all units rented there year to date. Rent growth has also performed well in recent years, with average annual gains of 5.8% over the past three years.
We are pleased to partner with SAR, with whom we have a longstanding relationship, to buy and invest in improving this portfolio of properties. This transaction reflects Leste s ability to use a creative investment structure with a programmatic relationship, said Jordan Suppan, Managing Director of Leste Credit, who oversees the firm s debt and structured real estate transactions. Columbus is facing a demand for quality workforce apartment housing, and we see significant upside potential supported by the area s demographic trends. This portfolio represents a unique opportunity to add value through targeted capital improvements, and we believe these communities have the potential to become market-leading multifamily locations in the Columbus area.
The four communities will undergo renovations of both exterior and interior spaces. Exterior updates will include new roofs, upgraded landscaping, exterior lighting, new fencing, and new signage. Interior renovations will feature new bathrooms and kitchens, new flooring, and updated appliances, including new AC units. Common areas, including lobbies, clubhouses and leasing offices, will receive new floors and other renovations, as will pools and fitness centers.
SAR is seeking to source, buy and manage real estate assets with high return potential for our investors, and this property portfolio strongly fits our target acquisition profile, said Abiel Ballesteros, Vice President at SAR. We are pleased to work once again with Leste, and we look forward to transforming these apartments and delivering attractive, quality housing to the residents of Columbus.
The city of Columbus boasts a diversified economy with dynamic population and job growth, fueled by major employers including Ohio State University, state and county government, and such corporations as Nationwide Insurance, JPMorgan Chase & Co., Bath & Body Works, Honda of America, and American Electric Power. Intel has announced plans to construct two semiconductor fabrication plants, set to come online in 2025 and use as many as 3,000 people.

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IRVING, TX – JPI announced a joint venture with Madera Residential and WayMaker on five new developments across the DFW Metroplex. These five assets will provide over 1,750 class A multifamily homes to residents and help serve the growing need for housing in the thriving DFW metroplex. When completed, the joint venture portfolio will include nine communities in total.
The first five communities, Jefferson Railhead, Jefferson Grandscape, Jefferson Cedar Ridge, Jefferson Northlake, and Jefferson Peninsula, are the first to start construction in an agreement between the parties. By the end of 2022, the parties expect to start another four communities together for a total of nine communities, representing over 3,300 homes, and valued at over $1 Billion.
We are grateful for the confidence and trust that these top-tier organizations have invested in JPI s product, said Payton Mayes, JPI s Chief Executive Officer. The alignment of our core values and our business models leave us excited to work alongside their talented teams and hopeful for future opportunities to work together.
Our team has long admired JPI for their excellence in execution and market leadership, said Dave Marcinkowski, Partner at Madera Residential. The opportunity to partner with Waymaker in such a values-forward development that also provides our investors access to these world class communities, in one of the hottest markets in the country, is an exciting expansion of Madera s platform.
One of the truly unique features of this new partnership is the value-based funding contribution to Apartment Life s ongoing financial health and benefit to the multifamily communities. Apartment Life helps apartment owners care for residents by connecting them in relationships. This, in turn, helps improve the community’s financial performance through online reputation, resident satisfaction, and resident retention. The opportunity is to change lives, while changing business.
The opportunity to align with JPI and Madera Residential is a dream come right for WayMaker, said Keith Dunkin, President of WayMaker. Our desire is to serve and like on all our constituents, residents, investors and partners, and this portfolio in conjunction with our community engagement leadership with Apartment Life represents an exceptional opportunity to do just that.
These five communities, which are under construction and leasing up between now and 2025, are slated to provide best-in-class living experiences and top of market amenities throughout the portfolio. JPI has chosen Quext IoT and their uniquely innovative and patented smart apartment platform for these assets, aimed at enhancing the resident experience.

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