Wood Partners Debuts Newest Luxury Community With Launch of 256-Unit Alta Belleair Apartments in Clearwater, Florida

CLEARWATER, FL – National multifamily real estate development leader Wood Partners recently announced the grand opening of its latest luxury residential community, Alta Belleair, less than five miles away from Clearwater Beach in Florida.
Located at 1632 Clearwater Largo Road N, Alta Belleair features 256 units across five buildings, offering studio, one-, two- and three-bedroom floorplans. With the community’s exceptional location, residents are minutes away from well loved restaurants, shopping, and leisure attractions in downtown Clearwater, and only 5 miles from the soft, white sand of renowned Clearwater Beach, just across the Causeway Bridge.
“As the city of Clearwater continues to experience unprecedented demand for high-quality housing options, Wood Partners is excited to debut Alta Belleair as the city’s newest luxury living community,” said Charles Barrus, Executive Managing Director for Wood Partners. “By embracing Clearwater’s relaxed, coastal atmosphere, Alta Belleair provides residents the perfect balance of modern luxury with the charm of beach living, all within minutes of the area’s top employers, local attractions and retail options.”
The community’s apartment homes feature resort-inspired privacy and high-end finishes to provide residents with a relaxing, modern place to call home. Units include designer-styled kitchens, complete with stainless GE appliance packages, premium quartz countertops, soft-close cabinetry with under-cabinet lighting, as well as wood-style plank flooring throughout the kitchen, bathrooms and living room. Additional in-home highlights include oversized closets, a private patio or balcony, electronic thermostats and in-unit washer and dryer sets. Thirty-eight of the community’s homes are being offered as affordable housing for qualified residents.
Alta Belleair also offers a range of top-end resident amenities, including a zero-entry saltwater pool with a sundeck and private cabanas, multiple outdoor grilling areas, and a covered poolside pavilion with a hammock park and lounge seating. Inside the community clubhouse, residents can delight in the state-of-the-art 24/7 fitness center and yoga room, a billiards lounge and game room, and a cybercafé complete with micro-offices and drop-in communal tables.
Within minutes of the community, residents have access to US-19 and Gulf to Bay Boulevard, providing a quick commute to charming downtown Clearwater and the rest of the city. Alta Belleair’s premier location enables residents to reach key employers including Tech Data, Lincare Holdings, and Newport Oil Corporation in a matter of minutes, as well as downtown St. Petersburg’s well loved dining and retail offerings in less than half an hour.

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Landmark Properties Announces Launch of $1 Billion Programmatic Joint Venture With ADIA for Value-Add Student Housing Acquisitions

ATHENS, GA – Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition and management of high-quality residential living communities, has formed a joint venture with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) initially targeting $1 billion for investments. The programmatic joint venture will focus on acquiring and operating value-add student housing properties in targeted markets throughout the United States.
Landmark’s unique vertical integration of ownership, development, general contracting, and management allows for bought property improvements to be plotted and executed, making value for the properties’ residents and investors.
This new platform furthers a long-standing relationship between Landmark, the nation’s largest student housing developer, and ADIA. Existing joint ventures between Landmark and ADIA comprise assets with nearly 15,000 beds in tier 1 university markets throughout the country.
“Landmark and ADIA have been aligned from the start of our relationship, seeing tremendous opportunity in top-tier student housing markets,” said Wes Rogers, president and CEO of Landmark Properties. “We are confident we can find acquisition targets across the nation that will complement our existing development strategy. We are appreciative of the opportunity to expand our relationship with ADIA, one of the world’s leading institutional real estate investors.”
Salem Al Darmaki, Deputy Director of the Real Estate & Infrastructure Department at ADIA, said: “The expansion of our relationship with Landmark is an example of ADIA’s approach of working with best-in-class partners to invest in market-specific, high conviction investment themes. This new joint venture offers the opportunity to continue to grow our exposure to student housing in the US, a sub-sector that continues to show compelling fundamentals.”
With more than $8.3 billion assets under management, Landmark’s portfolio includes nearly 90 residential communities across the country with approximately 55,000 beds under management. Landmark benefits from an active development pipeline with 16 student and multifamily projects under construction with an estimated value at $3.1 billion.

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RangeWater Expands San Antonio Footprint With Acquisition of 306-Unit Legacy Heights Apartment Community in Terrell Heights

SAN ANTONIO, TX – RangeWater Real Estate has bought Legacy Heights, the 306- unit, garden-style apartment community located at 1320 Austin Way in Terrell Heights, adjacent to Alma Heights. This is the company s third foray into the market and second acquisition since July 2021 to meet the growing demand for homes.
San Antonio is a major focus in our team s continued expansion west, said Steven Shores, Chairman and CEO of RangeWater. The city s rapid growth has made demand for better housing that we are keen to deliver. Legacy Heights is a welcome addition to our growing San Antonio portfolio and we will invest in improvements to make this a best-in-class community.
Legacy Heights is just minutes from Brooke Army Medical Center, University of Incarnate Word, Fort Sam Houston, major employers and well loved shopping centers. It s also a small drive to the vibrant restaurants and happenings that comprise Pearl as well as the plethora of shopping options on Broadway.
RangeWater plans to invest significant capital to update the amenities, common areas and interiors of these homes, which were built in 2009. This includes enhancing the pool area, activating more green space, replacing lighting and appliances with more energy efficient selections and rehabbing the gym and lobby, all of which will bring the homes to the standard of the company s highly appointed portfolio, which spans the Sunbelt
The gate-accessed community, offering one-, two- and three-bedroom apartments. showcases an array of features, including washer/dryer connections, plush carpeting, wood vinyl flooring, gourmet kitchens, large walk-in closets, balcony/patio, storage and reserved covered parking. A central clubhouse is equipped with a huge screen TV, a billiard table, resident computer lounge, state-of-the-art fitness center, luxurious pool, outdoor kitchen, pet park and more.
This is a well-located property adjacent to the most affluent part of town, boasts simple access to employment centers, retail and nightlife, said Michael Hoy, RangeWater Director of the Southwest Region. It fits well into our strategic growth in San Antonio.
RangeWater s first acquisition in San Antonio involved converting an existing student housing complex into single-family rentals called Cottages at Leon Creek. The homes have met with quick leasing success. In addition, RangeWater s second foray is currently in progress and marks its first ground-up development of 154 for-rent townhomes on a 16.53-acre property in San Antonio to build 154 for-rent townhomes on the Texas State Highway Loop 1604. That property is a quick 12-minute drive from the airport, 20 minutes from downtown and near major employers such as USAA, H-E-B, Wells Fargo, Harland Clarke, J.P. Morgan, Rackspace Technology and the three military bases. Both of these San Antonio communities are part of RangeWater s Storia division, which is deploying capital across the Sunbelt to build single-family-rental (SFR) residential units.
Privately owned RangeWater was founded in 2006. The company buys, develops, manages and invests in multifamily communities across the Southeastern and Southwestern United States, with a $5.4 billion portfolio.

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