ATLANTA, GA – GID, a vertically-integrated real estate company with corporate offices in Atlanta and Boston, has announced the acquisition of two multifamily communities in the Atlanta metro: Stadium Walk in Cumberland, and Overlook at Huntcrest in Suwanee.
Stadium Walk is a 309-unit, mid-rise community that will be rebranded as Stadium Walk by Windsor. Located in the heart of Atlanta’s premier entertainment district, Stadium Walk by Windsor offers residents simple access to top shopping, dining, and entertainment. The community also features premium amenities, including a resort-style pool, outdoor lounge deck, outdoor grilling area, resident lounges, a fitness center, a dog park, and electric car charging stations.
Overlook at Huntcrest is a new, 299-unit, garden-style community located in Gwinnett County and will be rebranded as Windsor Sugarloaf. The community is in a highly desirable suburb of Atlanta, offering simple access to a strong school district, various employment centers, impressive retail, and many other lifestyle conveniences. Residents can delight in property amenities including a saltwater pool with a tanning ledge and a fully equipped fitness center.

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KING OF PRUSSIA, PA – Morgan Properties, one of the nation s top three multifamily owners, announced it has bought two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana. Morgan Properties bought the two portfolios for a combined $410 million. With the addition of these new communities, Morgan Properties now owns and operates 2,035 units in Illinois, 3,692 units in Indiana, and more than 95,000 units nationwide.
On the heels of our recent acquisition in Fayetteville, North Carolina, these portfolios presented yet another opportunity for Morgan Properties to continue to strategically diversify our geographic footprint beyond the Mid-Atlantic region, said Jonathan Morgan, President of Morgan Properties JV. We remain bullish on the fundamentals of the multifamily industry and are extremely well positioned to capitalize on portfolio acquisition opportunities. We are excited to achieve another milestone in growing our portfolio to 95,000 units and we will continue to target opportunistic deals in our acquisition efforts.
The Illinois portfolio consists of The Lakes of Schaumburg (428 units), Blackhawk Apartments (371 units), and The Gates of Deer Grove (204 units). Located in Schaumburg, Elgin, and Palatine respectively, these three communities are situated within some of the most desirable Chicago suburbs.
The Indianapolis portfolio consists of The Boardwalk at Westlake (1,381 units), Parkside at Castleton Square (190 units), Lakeside Crossing at Eagle Creek (166 units), The Elliott at College Park (126 units), and The Preserve on Allisonville (120 units). Each community is strategically located along Interstate 465 and readily accessible to local universities and business hubs in Indianapolis and surrounding areas.
We are excited to enter the Indianapolis market and further expand our existing Chicago portfolio, said Jason Morgan, President of Morgan Properties Special Situations & Principal. Growing our presence in the Midwest provides us with the necessary scale to quickly deploy our value-add strategies, enhancing the overall experience for the thousands of residents who call these communities home. Additionally, acquiring these portfolios in an increasingly choppy capital markets environment is a testament to our reputation in providing execution certainty. Morgan Properties was able to capitalize on market volatility and we look forward to executing on our business plot and delivering for our residents, employees, and investors.
Morgan Properties plans to invest over $40 million in capital improvements across the two portfolios that will include premium kitchen and bathroom upgrades including new decorative backsplashes, in-unit washer and dryer installations, new vinyl floors, community amenity enhancements, advanced technology, and more.

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GREENWOOD VILLAGE, CO – Century Communities, a top 10 national homebuilder and industry leader in online sales, announced that Century Living, the Company’s quick-growing national multifamily division, has broken ground on its 227-unit Verona Apartments project in Highlands Ranch, Colorado.
Steps from the Highline Canal Trail network and adjacent to major arterial roadways—allowing simple access to Denver’s largest employment hubs and the broader metro—the project will feature lavish amenities, thoughtful apartment interiors with smart home features, balconies on all units, plus select units with scenic views of the mountains. The multifamily development is anticipated to open and start lease-up in the second half of 2023.
“With this project, we’re continuing to build on our mission of delivering high-quality multi-family developments with exceptional livability,” said Jim Francescon, President of Century Living. “Verona’s prime location and resort-style amenities reflect our commitment to a best-in-class, full-lifestyle experience for renters in the Denver Metro area.”

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