AMARILLO, TX – NE Property Management Announces New Luxury Apartment Community in Amarillo, Texas. Martin Inderman Development is developing and building The Lariat at Presidio Ranch, a new luxury apartment community located at 8976 Tarter Ave in Amarillo, TX.
This three-tale, garden-style development will bring 312 modern apartment homes to the growing Amarillo market, with the first units anticipated to be available in late summer 2026. The Lariat at Presidio Ranch is designed to offer high-end living spaces combined with a comprehensive amenity package, catering to individuals seeking an engaging and active lifestyle in the Texas Panhandle.
The Lariat at Presidio Ranch is designed to blend high-end interiors with a robust, activity-focused amenity package, catering to residents seeking a dynamic living experience in the Texas Panhandle. “We believe The Lariat at Presidio Ranch will not only provide high-quality housing but also foster a vibrant community spirit, With features like a resort-style pool, pickleball court, and even a cold brew keg in the clubhouse, we’re making spaces that encourage residents to connect, relax, and delight in life to the fullest.” said a representative at NE Property Management.
The 312-unit community will feature sophisticated interior finishes designed for comfort and convenience. Residents will delight in vinyl plank flooring throughout, granite countertops, and sleek stainless steel appliances. Each home will also feature private balconies and come equipped with modern tech conveniences, including smart lock technology and bulk Wi-Fi service.
The Lariat sets itself apart with a focus on social engagement and outdoor leisure. The community grounds will feature a resort-style swimming pool and a variety of recreational options, including a pickleball court, a giant chessboard, cornhole setups, and multiple outdoor seating areas with BBQ pits and grills.
Inside, the clubhouse will offer a dedicated party room and a unique perk for coffee lovers: a cold brew keg on tap. The property is also designed with pet owners in mind, featuring a large dog park and a convenient dog wash station.

Powered by WPeMatico

PHOENIX, AZ – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, in partnership with the city of Phoenix, announced the financial closing and groundbreaking of Desert Sky, a 288-unit affordable housing community in West Phoenix. Half of the units are reserved for families earning up to 80% of the area median income, providing thoughtfully designed housing in one of the fastest-growing cities in the U.S.
Phoenix continues to rank among the fastest-growing metro areas in the country, with strong population growth and a thriving job market driving demand for quality rental housing, said Chris O Neill, Executive Vice President of Development at The NRP Group. Desert Sky reflects our commitment to this market and provides thoughtfully designed homes for the people who keep this city moving, including teachers, first responders, healthcare professionals and students. It s about building housing that strengthens the community and meets real demand.
Situated at 6939 West Thomas Road, Desert Sky offers direct access to major employment corridors, retail centers and neighborhood public spaces. It is one mile from Desert Sky Mall, half a mile from Desert West Park, a 15-minute drive from Grand Canyon University and a 20-minute drive from downtown Phoenix. Major thoroughfares and bus routes offer added connectivity.
Desert Sky demonstrates what s possible when private development works hand in hand with public partners, said Austin Kates, Vice President of Development at The NRP Group. Through collaboration with the city, we ll deliver an affordable community that blends modern design with the character of the surrounding neighborhood, enabling residents to live near where they work and study while enjoying convenient access to local amenities.
The 10-acre development comprises nine, three-tale garden-style apartment buildings and a central clubhouse. The property s design preserves the neighborhood s character with warm, earth-toned exteriors, interconnected pathways and thoughtful landscaping. Units include one- and two-bedroom residences with high-quality finishes, walk-in closets, stainless steel appliances, granite countertops and in-unit laundry machines. Select ground-floor homes will feature private yards. Covered parking and on-site private parking garages are available.
Desert Sky is a demonstration of our commitment to providing high-quality, affordable housing to greater Phoenix, said Councilwoman Anna Hernandez. This development will bring 288 new units to Maryvale and help meet the city s increasing demand for housing, providing new opportunities for residents while strengthening our local economy. By expanding housing availability near key employment hubs, we re ensuring that Phoenix remains a competitive and thriving city for years to come.
Desert Sky s design emphasizes wellness, walkability and community connection with a robust amenity package that includes a 5,500-square-foot clubhouse, outdoor pool, resident lounge, dog park, a business center with coworking spaces, fitness center, grill stations and mail and parcel lockers.
The Phoenix metro area is a priority market for The NRP Group, underscoring the firm s strategic commitment to one of the fastest-growing counties in the U.S. The firm s expansion reflects strong confidence in the region s long-term rental housing market, driven by robust job growth and sustained year-over-year in-migration patterns. The NRP Group has developed more than 62,000 apartment homes since 1994, and currently manages over 30,000 residential units across the U.S.
The NRP Group broke ground on the new residential housing development this month, with completion scheduled for 2027.

Powered by WPeMatico

IRVINE, CA – Advanced Real Estate has bought the Newhope Village apartments, adding to its more than 12,000-unit portfolio in Southern California. The gated, podium-style property features a host of amenities, including a pool, fitness center and tot-lot. Advanced retired a $9.5 million HUD loan and ultimately plans to place debt on the property, providing even more capital to its $100 million+ fund.
“Newhope Village fits perfectly with our surrounding properties. We now have over 1,750 units in the city of Santa Ana,” said Rick Julian, CEO of Advanced. “This makes even more efficiencies with management and renovations.”
Advanced plans for significant renovations and upgrades to the property, including the addition of in-unit washer and dryers, new cabinetry, flooring, fixtures, appliances, windows and a modern paint scheme. These upgrades will be completed by Advanced’s in-house construction company, R3 Construction, and in-house property management company, Advanced Management Company.
This is the second acquisition for Advanced’s newest Opportunity Fund (Advanced Fund 24-3). Last month, Advanced bought The Cove, a 138-unit property in West Covina, and the company plans to enact several more Southern California apartment acquisitions in the coming year.
“We were able to buy this property through a 721 contribution, which allowed a tax-deferred transaction for the family who owned it,” said Paul Julian, Rick’s son and President of Advanced. “They are now partners in our fund and diversified among the other assets.”
Advanced’s investment offerings are open to the company’s friends and family network, which has now grown to over 1,000 investors. “We are always open to welcoming new investors either through cash and retirement investments or through a contribution of their property, like in this case with Newhope Village,” said Rick Julian.

Powered by WPeMatico