SCOTTSDALE, AZ – Leading multifamily real estate developer Wood Partners announced the official grand opening of its latest luxury residential community, Alta Raintree, located in Scottsdale, Arizona.
This new luxury apartment community is situated on E Raintree Drive in North Scottsdale, one of the most sought-after residential areas in the Phoenix Metro. Alta Raintree offers residents simple access to renowned outdoor activities, dining, nightlife and shopping, including Kierland Commons and Scottsdale Quarter, which offer some of the best retail options in Scottsdale. Residents of Alta Raintree can also delight in a round of golf at the many nearby courses, or explore more than 40-miles of hiking, mountain biking and horseback riding trails at McDowell Mountain Regional Park.
“We are pleased to welcome residents to Wood Partners’ newest development—Alta Raintree—located in one of Scottsdale’s most coveted neighborhoods,” said Todd Taylor, Managing Director. “This latest top-of-the-line community truly captures the high level of features and amenities that Wood Partners is known for, while also providing residents with access to some of the city’s best retail, entertainment and dining offerings just minutes from their front door.”
Alta Raintree offers 330 apartment homes consisting of one-, two- and three-bedroom floor plans. Each unit features modern architectural finishes complete with high quality interior packages, while many exterior facing units offer stunning views of Scottsdale and the McDowell Mountains. Key features include stainless steel appliances, luxurious quartz kitchen countertops with tile backsplash, electronic door entry, and wood-inspired plank flooring to make a timeless and tasteful atmosphere for residents. Additionally, units boast Kohler® bathroom accessories with illuminated mirrors and frameless showers, as well as in-unit washer and dryer sets. Select units feature additional upgrades including side-by-side refrigerators, double ovens, vent hoods and wine refrigerators to bring an added touch of luxury.
Alta Raintree offers a plethora of unique community amenities for residents to delight in, including a Sky Lounge with expansive views of the McDowell Mountains, a resort-style pool with tanning deck and jacuzzi, and an outdoor game courtyard and putting green. The property is also outfitted with an on-site pet park and multiple outdoor entertainment areas complete with grilling stations. Indoors, residents have access to a fitness center featuring on-demand yoga, a meditation area, a Wi-Fi lounge, a conference area with micro-offices, clubroom and an on-site library and speakeasy. Urbo Market and coffee bar, the on-site convenience market concept made by Wood Partners, will offer coffee, wine, gourmet snacks and more to residents as well.

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BEVERLY HILLS, CA – Global real estate investment company Kennedy Wilson and its partners have bought in separate transactions Central Park Commons, a 180-unit garden-style apartment community in Meridian, Idaho; Paceline, a 221-unit apartment community in Shoreline, Washington; and AYA ABQ, a 504-unit garden-style apartment community in Albuquerque, New Mexico for a total $264 million, excluding closing costs.
Kennedy Wilson has an approximate 50% ownership in these acquisitions, which were completed within the company s co-investment portfolio. Kennedy Wilson and its partners invested $149 million of total equity, including $75 million by Kennedy Wilson and the properties are expected to add approximately $11 million of initial annual net operating income, including $6 million to Kennedy Wilson.
Beginning immediately, Kennedy Wilson will implement value-add asset management plans at the three communities, including renovating unit interiors, refreshing common areas and enhancing amenities.
Central Park Commons, Paceline and AYA are ideal additions to our growing collection of properties that cater to residents seeking a suburban, outdoor-oriented lifestyle within close range of the economic vibrancy of downtown Boise, Seattle and Albuquerque, said Kurt Zech, President of Kennedy Wilson s multifamily division. Identifying high-quality communities that provide relative affordability in burgeoning markets is the hallmark of Kennedy Wilson s West Coast multifamily investment process, and we are excited to build on that strategy while making additional value and expanding our presence in these key markets with the support of our strategic partners.

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GAINESVILLE, FL – The Collier Companies, partnering with ApexOne Investment Partners, is proud to announce the acquisition of The Gathering at Arbor Greens, a luxurious, 255 apartment-home community located in Newberry, Florida
The Gathering at Arbor Greens is the latest addition to The Collier Companies’ growing portfolio as the company doubles in size within the next decade.
Built in 2019, The Gathering is well-appointed with spacious floorplans boasting designer apartment features as well as coveted amenities including air-conditioned interior corridors, covered poolside veranda and dining area, double-sided outdoor fireplace, game room, resort-style swimming pool, large pet park and more. It is located within walking distance of Town of Tioga, a high-end town center, and a 10-minute drive to I-75, retail shopping, restaurants, and North Florida Regional Medical Center.
The Gathering at Arbor Greens is the fifth community The Collier Companies has bought with ApexOne, and the first community in the growing Newberry/Jonesville area. The two companies have benefitted from a long and successful partnership having previously teamed-up to buy communities in Ocala, Port Orange and Tallahassee, Florida.

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