JACKSONVILLE, FL – RangeWater plans to break ground in early 2022 on Olea Beach Haven located at 4101 San Pablo Parkway. Plans call for a 175-unit age-restricted community with 1-, 2- and 3-bedroom homes and vibrant community amenities, including a dog park and a social green space.
Our team has been diligent in securing our third development under RangeWater s Olea platform in Florida, said Steven Shores, Chairman and CEO of RangeWater. Olea is centered around community, with the thought that today s empty nesters are more active than preceding generations and are attracted to vibrant, collaborative communities. That is exactly what we intend to deliver here in Jacksonville.
Founded in 2006, privately owned RangeWater buys, develops, manages and invests in multifamily communities across the Southeastern and Southwestern United States, with a $5.4 billion portfolio.
RangeWater opened its first two Olea properties in Florida in August 2020 and experienced high leasing velocity leading to stabilization within a year. The age-targeted communities are purposefully designed for empty nesters looking to lead an active and social lifestyle in a multifamily environment. Both were successfully transitioned to new ownership late Summer 2021.
We re honored to be entrusted with this location and are excited to bring this project to the Jacksonville community, said Michael Oliver, Director of Development. This intracoastal location is close to the Mayo Clinic, job centers, shopping and the beaches.
Olea has special events and programming unique to each neighborhood. Finishes include high-end appliances, a resort-style pool, a well-stocked library and media rooms. Residents can delight in raised garden beds for community gardening and more social green spaces than most Class A multifamily properties.
Our Olea communities encourage people to be social and convene, Oliver said. At Olea Beach Haven, we will have a full calendar of activities led by our Lifestyle Director that bring life to the community and its many large, well-adorned, indoor and outdoor spaces.

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CHICAGO, IL – Trilogy Multifamily Income & Growth Holdings, a Regulation A+ bond offering sponsored by Trilogy Real Estate Group, announced the acquisition of a 138-unit, Class A multifamily community located in Chicago’s famed Logan Square neighborhood.
“We are very excited to have bought the first property within the Trilogy Multifamily Income & Growth Holdings offering,” said Matt Leiter, CFO of Trilogy. “Our capital raise and a rapidly expanding selling group are strong indicators that investors are keenly seeking investments offering attractive current income with upside potential and we believe this property delivers on both fronts.”
The six-tale building was built in 2018 and provides 138 studio, one- and two-bedroom apartment homes and 8,800 square feet of fully occupied ground-floor commercial space. The transit-oriented development is only 300 feet from the nearest Chicago Transit Authority train station.
Along with unobstructed city views available from the property’s rooftop deck, the apartment community offers many amenities uncommon for an asset its size, such as granite countertops, stainless steel appliances, nickel end fixtures and in-unit washers and dryers. Some apartment homes also feature large walk-in closets, private terraces and IOTAS smart home technology. Community amenities include an indoor coworking space, modern fitness center, luxury fireplace, grilling stations, a bocce court and a green roof, among others.
Located in Chicago’s desirable neighborhood of Logan Square, the property sits in the heart of a vibrant community with an abundant collection of dining, entertainment and employment experiences. Some of the notable employers in the surrounding area include Amazon, Eli Lilly, AbbVie and Boston Consulting Group. Residents are also just one mile south of the 606 Trail, a 2.7-mile community trail that brings together arts, history, design, event and green spaces for all residents.
“Chicago is well-known as one of the most vital financial, industrial and cultural centers of the world, with a growth rate more than double that of the United States,” continued Leiter. “This population growth, combined with Logan Square’s high barrier-to-entry, makes this acquisition an extremely compelling community for both residents and investors.”

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LINCOLN, NE – Real estate investment firm Lloyd Jones announced the acquisition of Woodlands at Hillcrest, an 89-unit senior housing community in Lincoln, Nebraska. The helped- living and memory-care community is the latest in Lloyd Jones growing portfolio of senior and multifamily assets; the firm expects to close on several additional senior-housing acquisitions within the next few weeks.
Built in 2018, the community is well-appointed with a café and bistro, fitness area, multiple activity rooms, and putting green, plus a separate wing for its memory care residents. It is located within ten miles of four hospitals, six shopping centers, two malls, and the Lincoln Airport.
Woodlands at Hillcrest will be operated by Lloyd Jones Senior Living, the firm s senior housing management division, and rebranded as AVIVA Woodlands. AVIVA is Lloyd Jones collection of senior living assets consisting of new, ground-up developments and recently constructed communities. AVIVA offers residents a maintenance-free lifestyle, personalized services, curated activities, robust health and wellness programs, and state-of-the-art amenities.
While the Nebraska acquisition may represent a new geographical territory for Lloyd Jones, the firm is not new to senior housing; its founder and chairman, Chris Finlay, has been in the industry for more than 30 years.
We re proud to be bringing Lloyd Jones and the AVIVA brand to Lincoln, said Finlay. Our team is excited to show the community what AVIVA is all about—providing best-in-class service, care, and programming for our residents and their families, as we have been doing for decades.

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