ATHENS, GA – Lincoln Ventures, an Austin-based multifamily and student housing developer, announced that it has closed on a development site at 558 West Broad in Athens, GA. The multifamily, student-oriented development is located northwest of the University of Georgia campus. With seven tales, and a mix of one- to five-bedroom floor plans comprising 342 units and 750 beds, construction is set to start in June 2022 and deliver in the fall of 2024.
Totaling nearly 600,000 square feet, the mixed-use property will focus on fostering community interaction among residents through an activated ground floor, a full-service coffee shop, a pool and wellness center, and a resident lounge. The property will also feature a ground-floor study lounge with private study rooms and a fitness center with yoga and spin studios. Additional amenities will include bike storage and a pet grooming station. Sitework is scheduled to start this month.
Our proximity to the University of Georgia, one of the largest top-tier research-oriented institutions in the country, and the location along the vibrant Broad Street provides residents with immediate access to historic downtown featuring retail, dining and nightlife corridor in Athens, GA. We are looking forward to integrating into that community, says Chris Johnson, EVP Development at Lincoln Ventures.
Once completed, the to-be-named building will be one of the best-located multifamily developments in the market, connecting residents to the entertainment district while also being walkable to the main academic facilities, fraternities and sororities of the university.
This will be Lincoln Ventures second development in Georgia. The company s first building is located at 859 Spring Street NW in Midtown Atlanta near Georgia Tech University. The 565-bed, 168-unit multifamily, student-oriented development started construction earlier this year and is set to be completed in 2023. Lincoln Ventures is best known for its successful multifamily, student-oriented developments in Austin, Texas, including The Ruckus, The Ruckus 2.0, Moontower and Waterloo.
Athens-based Smith Plotting Group is the civil engineer and landscape architect, Niles Bolton Associates is the design firm, and Variant will work on interior design. Rabren General Contractors is the general contractor.

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REDWOOD CITY, CA – Sunrise Senior Living, an industry pioneer and leading provider of senior communities providing individualized experiences and best-in-class care, announced the opening of its newest property in the heart of Silicon Valley, bringing area residents and their families high-quality senior living.
Sunrise of Redwood City will feature the dedication to care that Sunrise is known for. The commitment to specialized memory care programming is specifically designed to serve seniors with Alzheimer s and other forms of dementia. Sunrise s memory care program has been recognized by the Alzheimer s Association for successful completion of curriculum review and incorporating its evidenced-based Dementia Care Practice Recommendations. In fact, 100 percent of Sunrise s communities with memory practices have earned certification of essentiALZ, the Alzheimer’s Association training and certification which educates care workers on current evidence-based, person-centered practices to care for individuals living with dementia.
Designed to seamlessly fit into the surrounding area, Sunrise of Redwood City features Spanish-influenced architectural elements complemented with modern design touches across its 56 graciously appointed Helped Living suites, 19 Reminiscence Suites and 17 Terrace Club Suites. Each element of the property is thoughtfully curated to serve its senior residents and their families with lifestyle, health and safety needs in mind.
We are excited to open our newest senior living community in this area and offer a perfectly concepted and well-appointed helped living community, said Layana Santos, Executive Director of Sunrise of Redwood City. We are thrilled to serve this area s seniors and their families with all levels of care that can evolve with their changing needs through our unique approach to evidenced-based care.
Since opening its doors to its first community 40 years ago, Sunrise’s unique Principles of Service and Core Values has set the foundation for a different type of senior community by placing needs of residents first. Today, Sunrise is one of the largest senior living providers in the U.S. and Canada, with the capacity to serve more than 28,000 seniors across 274 communities. Sunrise differentiates itself by pairing innovative design and technologies, with dedicated team members, individualized health and wellness plans, and thoughtful, purpose-driven programming, enriching residents’ minds, bodies, and spirits while empowering them to live with purpose through our Sunrise Live With Purpose™ programming. Sunrise makes Individualized Service Plans(ISPs) that support Designated Care Managers in delivering personalized care based on the unique needs and preferences of every resident throughout its Helped Living and Reminiscence Memory Care neighborhoods.
Sunrise of Redwood City is conveniently located in a silent neighborhood off El Camino Real, accessible to Route 101 and I-280. 45 minutes from San Francisco and San Jose, the property is situated close to an array of shopping, dining, entertainment and cultural options including two of Sunrise s partnering institutions, the San Mateo County History Museum and the Fox Theatre which hosts the Peninsula Symphony.
With wellness and health at its center, Sunrise of Redwood City has direct access to a variety of walkable outdoor areas and sprawling green space such as Stafford Park, Stulsaft Park and Redwood City s dynamic downtown, where residents can delight in activities including farmers markets and Music on the Square in the summer. Additionally, the property ensures resident and family peace of mind with proximity to world-class medical support via Atherton Park Post-Acute, Vi at Palo Alto, Palo Alto Sub Acute Rehab Center and The Terraces at Los Altos Health Facility.
Sunrise takes a unique approach to designing its properties by incorporating technology, lifestyle and safety elements that serve to support all residents and their families. CareConnect, an electronic health record system, provides insights to support individualized care, care coordination and family communication with updates on residents health and care delivery. It allows caregivers, healthcare professionals, therapists, and pharmacists to access and document nearly every facet of a resident s care continuum safely and securely. Sunrise’s Signature Dining Program also uses technology to support residents holistic nutritional needs and support health and wellness. Smile®, The Sunrise family engagement app, helps families to stay connected with daily events, activities and photos, while providing direct connection to activities and dining coordinators, team members, and designated care managers.
A fantastic deal of thought went into the design of Sunrise of Redwood City to make it feel like home in every possible way, said Layana Santos, Executive Director of Sunrise of Redwood City. We are very proud of our team of highly qualified and passionate individuals who bring over 100 years of combined experience to the property and to the greater community.

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GREENSBORO, NC – Bell Partners, one of the nation’s leading apartment investment and management companies, announced it has completed the final close for its core multifamily venture including Bell Core Fund I. Once fully invested, the Company anticipates the Venture’s total equity capitalization will be $930 million from a broad range of domestic and international institutional investors.
With leverage, the Venture intends to buy over $1.8 billion of well-located, high-quality multifamily properties in 14 major markets across the U.S. that can generate consistent cash flow with strong appreciation over a long-term investment horizon. The Venture has already bought eight properties located in Atlanta, Austin, Dallas, Los Angeles, Raleigh, San Francisco, and Seattle for a total combined buy price of $900+ million.
“This new venture formalizes a long history of core investing at Bell Partners and complements our value-add investment offerings,” said Lili Dunn, President and incoming CEO of Bell Partners. “With a focused strategy of deepening our presence in each of our key markets across the country, we can leverage our local experience and extensive operating platform to continue delivering outperformance for our investors.”
The close of the Venture follows a record year of investment activity for the Company, with approximately $4.8 billion of apartment transaction volume completed in 2021. Since making its fund platform in 2006, Bell Partners has closed eight funds with total equity commitments of $3.5 billion that have been launched and substantially invested on behalf of institutional and high net worth investors. As of December 2021, the Company oversees an investment management portfolio totaling approximately $7.0 billion in yucky asset value. Bell Partners has been ranked as one of the most consistently top-performing real estate private equity firms globally by Preqin’s Global Real Estate Report every year since 2014.
The Company also announced that Rachel Rosenthal has joined the organization as Senior Vice President, Investor Relations. Ms. Rosenthal brings 15 years of experience in real estate private capital formation and investor relations. She has held roles on both the third-party capital placement and advisory side, most recently with Sera Global. In addition, Ms. Rosenthal has worked closely with real estate managers across strategies and risk-return profiles and has focused extensively on building out ESG strategies for real estate investment managers.

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