DAVIE, FL – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Academical Village, a contemporary mixed-use apartment community in the western Broward County market.
The community, which will be developed in two phases in conjunction with equity partner FCP, will feature a combined 793 apartment homes and approximately 16,000 square feet of ground-floor retail space. Positioned just east of S. University Drive and just west of Nova Southeastern University, Modera Academical Village is the residential component of the larger Academical Village Master Plot, which will ultimately include 2.5 million square feet of premier retail, residential, hotel, office and medical space.
First go-ins for Phase I, which will include 397 homes, are anticipated for fall 2024. Phase II will include 396 homes with start of construction targeted for April 2024 and first go-ins for summer 2026.
“We’re excited to be a part of this unique master-plotted village, which we believe will be among the most attractive and charismatic locales in the area,” said Andrea Rowe, senior managing director of development in South Florida for Mill Creek Residential. “While we’re prepared to offer the quintessential Modera by Mill Creek experience to our residents, we also are keen to do our part to enhance the village as a whole. With the NSU campus and newly-opened University Hospital essentially in our backyard, we’ll be in an active area with many exceptional employment opportunities within walking distance.”
Situated at 3440 SW 76 Terrace, Modera Academical Village is being built to a National Green Building Standard silver certification level. When complete, the surrounding Academical Village will include a tree-lined central boulevard that intersects a road that circles the NSU campus, a pedestrian bridge connecting to the campus and a large outdoor plaza with fountains and outdoor seating areas.
With its proximity to S. University Drive, the area’s key north-south thoroughfare, the site boasts an extremely commuter-friendly location. All of South Florida’s primary expressways are easily accessible, including Interstates 595, 75 and 95 along with the Florida Turnpike. Many of the area’s key employment centers, schools and medical facilities are within a small commute and Fort Lauderdale-Hollywood International Airport sits 10 minutes away. Within the western Broward County area, future residents will have access to an abundance of key retailers, a wide variety of dining options and grocers.
Modera Academical Village will offer studio, one-, two- and three-bedroom apartment homes with den layouts available. Community amenities will include an outdoor swimming pool with grilling area, rooftop deck, outdoor dining, resident clubhouse, onsite dog park and pet spa, landscaped courtyards and a club-quality fitness center with cardio equipment, group fitness area, yoga/Pilates studio and TRX system. Residents will also have access to coworking spaces and a conference room, a package locker system, community wide Wi-Fi, controlled entry and guest access, garage parking, EV-charging stations, dedicated bike storage and opportunities for additional storage space.
Apartment interiors will include nine-foot ceilings, wood plank-style flooring, stainless steel appliances, quartz countertops, tile backsplashes, pull-down faucets, kitchen islands, soft-close cabinets, in-home washers and dryers, walk-in closets, built-in shelving, USB ports, keyless entry system and smart thermostats. Bathrooms will include double vanities, linen closets, soaking tubs and additional high-end features.
Modera Academical Village adds to Mill Creek’s robust South Florida presence, as the company continues to bolster its portfolio in Miami, Fort Lauderdale and the surrounding area.

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MANASSAS, VA – TGM announced the acquisition of TGM Bull Run, a garden style apartment community with 576 units in Manassas, VA. The& Northern Virginia property was completed in 2001 and is located on approximately 35 acres, with its leasing office and clubhouse situated at 11212 Chatterly Loop.
The 100% market-rate garden apartment community is located in the heart of the Interstate 66 Business Corridor located in Manassas/Prince William County, which provides residents a bucolic suburban lifestyle with exceptional convenience and accessibility to a broad range of lifestyle amenities as well as numerous employment hubs throughout Suburban Virginia. Residents benefit from an brilliant live-work commuter location, centrally sited in the I-66 Business Corridor with simple access to major roadways including I-66, I-95, I-495, Rt. 50, Rt. 28 and Rt. 2 which provide access to the region’s main employment centers.
The design, layout and construction of the apartments are brilliant with one- two- and three-bedroom apartments averaging 1,153 square feet. TGM will be renovating all apartment interiors with new kitchen cabinets, countertops, appliances, flooring, lighting, and hardware fixtures. Bathrooms will be renovated to match the finishes of the kitchen. Community amenities include a swimming pool with sundeck and separate children’s pool, grilling areas, dog park, 24-hour fitness center with children’s playroom, and a business center within the oversized clubhouse.
“This acquisition is particularly noteworthy as it marks TGM’s 140th acquisition since the company’s founding some 30 years ago. TGM Bull Run presents a fantastic opportunity to expand TGM’s footprint in the Northern Virginia region. The property has superb access to highway networks, proximity to major clusters of employment, minimal new supply coupled with strong demand drivers of high population and economic growth, and locationally underpinned by the thriving Washington D.C metropolitan area offering a vast array of cultural, entertainment, shopping, educational and lifestyle amenities. TGM sees opportunities for additional growth with the ongoing expansion of corporate and governmental business districts spanning IT, biosciences, data center and research and development sectors, which is further complimented by Manassas being anchored by George Mason University’s Prince William Campus which boasts its College of Science and Technology. This is Northern Virginia’s only university centered research corporate park. Furthermore, the property is proximate to the FBI’s Northern Virginia Resident Agency and Virginia’s State Forensics Lab.” said Zach Goldman, Managing Principal and Chief Operating Officer for TGM.

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COVINGTON, GA – Landmark Properties announced it has started leasing The Cove at Covington Town Center, its luxury Class-A apartment community in Covington, Georgia. The 350-unit, market-rate property was developed in partnership with ACRE, a global real estate private equity firm, and is part of Covington s 131-acre mixed-use master plotted community, Covington Town Center.
Located at 12301 Town Center Boulevard, The Cove consists of 14 residential buildings featuring a mix of one-, two- and three-bedroom floor plans ranging between 620 and 1,945 square feet. It includes a rich amenities package including a luxury clubhouse, resort-style pool, coworking spaces, state-of-the-art fitness center, linear park, dog park and pet spa. In-unit amenities include washer and dryer machines in every apartment, modern light fixtures, and durable quartz solid-surface countertops.
ACRE and Landmark broke ground on The Cove at Covington in December 2020, and will start welcoming residents into the first building in July. The pet-friendly community is being managed by Greystar, and pre-leasing and application review are already underway.
Like so many other quick-growing areas of the Sun Belt, the need for more upscale rental housing options in Covington is extremely high. The area has gone without new, well-amenitized multifamily development for two decades, and a combination of significant population growth and a wealth of new jobs in the area have made a market sorely in need of new supply, said David Tracht, Landmark Properties Senior Developer. After more than two years of development in partnership with Landmark Properties, we are excited to finally deliver this amenity-rich community to help accommodate the continued growth of Covington and the rest of the Greater Atlanta region.
Major population growth in Covington has been fueled by the relocation of a number of corporations and other major employers to the area in recent years. These include the expansion of Cineleases s 90-acre film studio, Three Ring Studio, which is set to expand by an additional 276,000 square feet of stage space, 100,000 square feet of office space and 72,800 square feet of flexible space – making it one of the largest studios in the country upon completion in 2023. In addition to Three Ring, other major employers in the area include General Mills, Facebook, Oxford College of Emory Bard, Pactiv, Mannington Mills, Clarion Metals, Bridgestone and Michelin.
Located less than an hour away from Atlanta via I-20 West, Covington s proximity to one of the Southeast s most vibrant and quick-growing metropolitan areas has also been a key contributor to its growth. In addition, the community is adjacent to a five-acre park complete with walking trails, and residents have access to ample shopping, entertainment and dining options within walking distance.
We are pleased to partner with Landmark Properties to bring this dynamic multifamily community to market during a time of unprecedented growth and revitalization in the City of Covington, said Melanie Gersper, ACRE Chief Operating Officer. Resident interest in this premium community has already proven to be high, and we are actively fielding applications with plans to start go-ins on July 1.
Through a series of equity and debt funds, ACRE manages more than $3 billion in assets across private real estate investments and loans. The firm specializes in multifamily development and investment opportunities across Class A, B and C assets in strategic growth markets. ACRE s unique approach to managing its diverse portfolio of multifamily properties includes an intentional focus on making added value for residents that extends beyond the four walls of their homes. By establishing a sense of community among residents through socially impactful investments and sustainable green measures, ACRE effectively improves tenant retention and generates stable, cash-flowing properties.

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