HOUSTON, TX – Trive Capital Real Estate announced its acquisition of Madison on the Lake, a 392-unit multifamily property located in Southeast Houston. This acquisition was completed in partnership with Sentinel Peak Capital Partners, an established multifamily operator with ownership experience in the property’s immediate submarket.
Located minutes from Leisure activity Airport, Madison on the Lake offers lakefront access and several acres of green space in an urban setting with simple access to the area’s employment hubs. The property’s highly desirable community amenities include two large swimming pools, one of which overlooks the lake, an updated fitness center and clubhouse.
“The acquisition of Madison on the Lake is an exciting opportunity that is well-positioned for long-term value creation through unit and common area improvements. The community offers residents a unique living experience at an attainable price point and should perform well through economic cycles. We are thrilled to partner with Sentinel Peak on such a compelling project,” said Troy Daniel, Founding Partner of Trive Capital Real Estate.
“Trive’s real estate team is focused on opportunities characterized by off-the-run sourcing, value-add potential, and strong investment fundamentals. Madison on the Lake checks all of these boxes and is a fantastic fit for our strategy,” added Conner Searcy, Managing Partner of Trive Capital.

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CHARLOTTE, NC – Stoneweg U.S., a real estate investment firm specializing in multifamily acquisitions and developments, announced the acquisition of Amaze @ NoDa Apartments, a newly built, 298-unit multifamily community located in the highly desirable NoDa submarket of the thriving Charlotte, North Carolina MSA.
The Class-A property consists of two, four-tale, elevator-serviced buildings and was constructed in 2020. Lavish unit designs boast chef-style kitchens, walk-in showers with subway-tile accents, stainless-steel appliances, and premiere vinyl flooring throughout. Resort-style amenities include: a sky lounge with an outdoor bar area, a gaming section, first-class fitness center, a sizeable swimming pool furnished with chic cabanas and a firepit, vibrant signage, a bark park and pet spa area, and expansive green spaces.
“Amaze @ NoDa is a tremendous addition to our portfolio and a prime example of the quality and diversification we’ve pledged to our investors,” said Head of Investments for Stoneweg US, Matthew Levy. “The quality of the asset speaks for itself, and the market’s performance over the last several years reinforces its value for us.”
The Amaze @ NoDa community is ideally located in the North Davidson (NoDa) submarket of Charlotte, which has undergone a major transformation from being the epicenter of textile manufacturing and mill worker residents, to becoming the cultural mecca of the outer city offering several music and art venues and cultural experiences for residents and visitors to delight in. Amaze @ Noda is in proximity to the LYNX Blue Line Railway, providing area residents simple access to well loved Charlotte destinations; and Charlotte itself serves as a major employer hub for several major companies including three of the leading banking institutions in the country Bank of America, Wells Fargo, and Truist.
“Charlotte remains a key market for us given its consistently strong growth indicators, continuous transformation, and innovative progression,” said Ryan Smyth, Director of Acquisitions for Stoneweg US. “With its ideal location, and standout curb appeal, Amaze @ NoDa is undoubtedly poised to be one of our portfolio’s top performers.”

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RICHMOND, VA – 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 Hunter’s Chase, a 320-unit apartment community in the Richmond suburb of Midlothian, Virginia. The community was bought on behalf of CS1031 Hunter’s Chase, DST.
“This is Capital Square’s twelfth acquisition of a multifamily community in the Richmond area for the DST/1031 exchange program,” said Louis Rogers, founder and chief executive officer of Capital Square. “The Richmond area loved 12% rent growth over the last year, driving cash flow and residual value. Capital Square is a prolific buyer of apartment communities in the Mid-Atlantic region that benefit from a combination of strong rent growth and high occupancy, along with exceptional economic opportunities, and the ongoing migration of people from gateways citites to the suburbs.”
Located at 5200 Hunt Master Drive, the 24.7-acre garden-style apartment community offers one-, two- and three-bedroom units averaging 816 square feet with spacious floor plans, walk-in closets, in-unit washer and dryer, stainless steel appliances and private screened patios and balconies. The property amenities include a resident clubhouse with coffee bar, fully equipped fitness center, swimming pool with a sundeck, multi-use sports court, BBQ and picnic areas, fenced dog park, playground, carwash station and package lockers.
Hunter’s Chase is adjacent to the Village at Swift Creek and Commonwealth Center shopping malls, offering residents a wealth of local shopping and dining options.
The community is situated in a thriving submarket that Yardi Matrix project’s will maintain a 10-year occupancy average of 96% through 2032. According to Axiometrics, the Chesterfield County submarket in which Hunter’s Chase is located, is projected to experience annual effective rent growth of 6.6% and an average occupancy rate of 97.3% through 2025.
“Hunter’s Chase is located in a high-growth submarket of Richmond that we expect will continue to flourish over the next several years,” said Whitson Huffman, chief strategy and investment officer. “The property has exceptional amenities and is in the midst of a thriving metropolitan region that has persistently strong demand for quality multifamily living.”

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