SAN CLEMENTE, CA – Greystar, a global leader in the investment, development, and management of high-quality rental housing communities, announced that it has closed on the land at 515 Avenida Vaquero for Everleigh San Clemente, to build a new 55+ Active Adult apartment home community.
“Everleigh San Clemente is ideal for people that have been living in San Clemente since they bought their first home and don’t want to leave the charming beach town,” Emily Clark, Regional Property Manager said. “The community has an ideal location just a mile from the ocean with access to the Pacific Coast Highway, which features a convenient walking and biking trail that extends to Dana Point.”
Additionally, the community is located just down the street from San Gorgonio recreational park and the San Clemente outlet center.
Everleigh San Clemente, the first luxury active adult community in the city, will be built on the former Shorecliffs Golf Club Driving Range. In addition to the community itself, Greystar is developing Shorecliffs Golf Club’s new clubhouse and upgrading the course itself. Future residents of Everleigh San Clemente will delight in the benefits of Shorecliffs Golf Club’s new membership program.
Everleigh San Clemente provides an option for 55+ active adults seeking to right size and live a resort-inspired, maintenance-free lifestyle while remaining in San Clemente. It is also ideal for young families looking for a housing option for their parents to be closer to their families and grandchildren.
The community is scheduled to start early apartment home reservations in July 2022 and open May 2023.

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DAVIE, FL – Developers Ortsac Capital Group and ArchCo Residential and their property manager, Lincoln Property Company, have announced a groundbreaking event to formally launch the 170 unit luxury multifamily community, located at 5800 Reese Rd in Davie, Florida.
The plotted six tale, multifamily mid-rise will feature studios, one, two, and three-bedroom floor plans ranging from 528 to 1,302 square feet. Strategically located on Reese Rd in Davie, FL, the community will offer convenient access to several major thoroughfares and ample parking, with 279 spaces inclusive of 36 garages.
Plotted amenities include a lobby/coworking space, 24-hour fitness center, resort-style pool with cabanas and grills, clubroom and lounge, coffee bar, secure bike and personal storage areas, turf game yard with hammock seating and package room.
Anticipated apartment interiors will feature gourmet kitchens with high-end custom-look cabinetry, stainless steel appliances, open floor plans, designer bathrooms with walk-in showers, spacious walk-in closets, full-size washers and dryers, double-pane windows, and high-speed internet access.

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TAMPA, FL – GTIS Partners, a real estate investment firm that manages over $4.3 billion in yucky assets with a focus on residential and industrial investments, announced its closing on River Landing, a 72-acre site that will be developed into an approximately 260-unit build-to-rent community. The project, located in the Tampa Metropolitan Statistical Area, will be developed in-house by GTIS and has an estimated budget of approximately $68 million.
The site is located in the Wesley Chapel submarket of Pasco County, a thirty-minute drive from downtown Tampa. The site has brilliant connectivity with access to State Road 56, making it an attractive option for commuters. The surrounding area amenities include retail and restaurants at the Shoppes of New Tampa.
Bill Mumford, Senior Director at GTIS, said, “Tampa has brilliant fundamentals for residential investing as the population and economy continue to expand. As Hillsborough County becomes increasingly built-out, we believe Pasco County is poised to be the primary beneficiary of Tampa’s future growth, making River Landing an attractive area for investment. Despite those strong fundamentals at the MSA and county levels, there has been relatively muted new supply of BTR product, making an attractive opportunity for development.”
Rob Vahradian, Partner at GTIS, added, “We are excited about this opportunity to expand our existing BTR platform in the Tampa MSA—a market we know well and have been investing in for over a decade. We have been actively investing in Tampa across master plot development and homebuilding projects and reckon that BTR complements those strategies.”

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