LEANDER, TX – Leading national multifamily real estate developer Wood Partners announced the official grand opening of its newest luxury residential development, Alta Leander Station, located just north of Austin in Leander, Texas.
Situated at 348 Main Street, the new community provides a prime North Austin location for residents looking to take advantage of all the eclectic city has to offer, from best-in-class shopping and entertainment to renowned dining and nightlife options. Located just off Highway 183, Alta Leander Station also provides quick access to nearby residential communities like Round Rock and Cedar Park, as well as downtown Austin via the CapMetro station adjacent to the community, which offers a direct route to downtown.
“We are thrilled to welcome residents to Wood Partners’ newest community—Alta Leander Station—as we continue to see unprecedented amounts of growth and development taking place in North Austin,” said Bart Barrett, Managing Director. “Alta Leander Station’s location provides the perfect balance of work and play opportunities and enables residents to delight in all that Austin has to offer.”
Offering 276 apartment homes consisting of studio, one-, two- and three-bedroom floor plans, Alta Leander Station raises the bar for comfort and sophistication with luxurious finishes and thoughtful interior details. Each home boasts an airy, open concept layout with luxurious kitchens complete with stainless steel Whirlpool appliances, custom 42″ cabinets, granite countertops, and designer tile backsplashes. Custom plank flooring is featured throughout, providing an added touch of warmth, while full-size in-home washer and dryer sets further boost the convenience factor.
Just outside their doors, residents of Alta Leander Station will also delight in the community’s outstanding amenities, including a resort-style swimming pool with an expansive sundeck, an outdoor kitchen and grilling areas, and an on-site pet play area. Inside the community clubhouse, residents have access to a 24/7 high-end fitness center complete with Precor equipment and technology, co-working offices, and multiple lively entertainment spaces. In addition, a nature trail adjacent to the community provides the perfect place to take a stroll in the fantastic Texas outdoors.
As growth within the Austin area continues to boom, residents have an ideal location close to several new attractions including Northline, Leander’s new 116-acre downtown district. Situated just north of the community, this in-progress development area will soon offer additional shopping, dining, and office options. In addition, Apple is finalizing development of its new 3 million square foot campus, which is set to house more than 5,000 employees when it opens later this year.

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FLAGLER BEACH, FL – Funding has been secured to develop The Preserve at Flagler Beach, a 240-unit workforce apartment community located in Flagler Beach, Florida. The 240-unit apartment community project will be developed through a joint venture between Portage Real Estate and Piedmont Private Equity. This is Portage Real Estate’s second partnership with impact real estate funds managed by American South Fund Management (ASFM), a partnership between SDS Capital Group and Vintage Realty Company. With total development costs projected at $57 million, The Preserve at Flagler Beach is the first investment in Florida for ASFM impact funds. All 240 one, two and three-bedroom apartment units will be rented at rates affordable at 115% Area Median Income (AMI) or less, bringing critically-needed workforce housing to this community.
“The Preserve continues Piedmont’s mission of providing quality housing to local communities,” said Eric Conkright, Piedmont Private Equity. We will also be contributing over $600,000 for the construction of a new school and buy of a fire truck as part of a comprehensive effort to uplift the community”.
“The 240 units being added to the community through The Preserve at Flagler Beach is providing housing that is much needed by the community – quality housing that is affordable,” said Deborah La Franchi, ASFM Managing Partner. “This development is perfectly aligned with ASFM’s mission of providing quality affordable housing to families and individuals throughout the South.”
Impact funds managed by ASFM target their impact investments into distressed communities of color within a 10-state footprint across the South. Since 2018, impact funds managed by ASFM have made 16 investments in Texas, Georgia, Alabama, North Carolina, South Carolina, Louisiana and Arkansas totalling $68 million and over $302 million of project costs to date.
“We are thrilled to expand our footprint in the South to the state of Florida,” said David Alexander, ASFM Managing Partner. “Piedmont Private Equity and Portage Real Estate have proven to be brilliant partners in achieving exactly the types of impacts within socio-economically disadvantaged areas that ASFM impact funds like to make.”

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SEATTLE, WA – Lowe, a national real estate developer, investor and manager, has completed the first of two nine-tale towers at Mason and Main, located in the 30-acre, transit oriented, master plotted Yesler Terrace community near downtown Seattle. The first building contains 335 units with a mix of one- and two-bedroom floor plans.
The second 215-unit tower is set for completion in the last quarter of 2022. At completion, the LEED Gold Mason and Main will comprise 550 apartments units, of which 137 will be designated for people earning 65-80% AMI, 6,800 square feet of ground floor retail, 315 parking stalls and a new public neighborhood pocket park.
Mason and Main is part of the comprehensive redevelopment of the Yesler Terrace neighborhood that includes a mix of public and private developments offering housing, office space and a host of neighborhood amenities.
Mason & Main was designed to honor the rich history of Seattle. We are proud members of the community and grateful for the opportunity to add much needed housing and contribute to the vitality of the neighborhood, said Suzi Morris, executive vice president, Lowe.
Retail and residential leasing is currently underway. Homes feature modern fixtures and finishes such as woodgrain plank flooring, quartz countertops, high-end appliances, including full size washer and dryers. Mason and Main has smart home technology that provides residents with keyless entry, and lighting and outlet control through an integrated app or smart speaker system. Select homes also include private patios or balconies and Mt Rainier, Cascades, Puget Sound, stadium or neighborhood territorial views.
Both buildings will offer residents a wide-range of communal spaces and amenities including co-working areas, a karaoke and screening room, makers space, community meeting and conference space, and lounge spaces. Outdoor areas include rooftop and courtyard lounging areas with outdoor kitchens with sweeping area views of Mount Rainer, Puget Sound, Downtown Seattle and beyond, and a community garden where residents can harvest vegetables tended to by the Seattle Urban Farm Company. Residents also will have access to two fully equipped fitness centers and pet friendly amenities including dog runs and a dog wash.
As part of the development, Lowe commissioned custom artwork from local community artists for exterior murals and interior works to make one of Seattle s largest art collections in a residential setting. Showing works from a wide range of artists and mediums, Mason & Main represents the craft and creativity of the city.
Located at 209 12th Ave S, and 1020 S Main St., Mason and Main is ideally situated near Downtown Seattle, International District, Capitol Hill, light rail, including the soon to be open Rainier Station, and entrances to I-90 and I-5. The community boasts a transit score of 97 and a walk score of 98 – providing simple access to a variety of shopping, dining and entertainment options as well as the area s new streetcar line. As part of the community redevelopment, Yesler Terrace will have a large central park, public gardens, performing arts center, community center and a series of pocket parks, including one directly adjacent to the building.
Mason and Main was designed by Ankrom Moisan Architects. Compass is the general contractor. Greystar is providing property management. West Coast Commercial Properties are the retail listing brokers.
Lowe has made numerous commercial and hospitality property acquisitions in the Seattle area, and most recently completed the sale of the 286-unit Talisman multifamily property at Redmond Town Center. Lowe is a joint venture partner in Suncadia Resort in Cle Elum, Washington and Sunriver Resort in Central Oregon.

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