ANNAPOLIS, MD – Aventon Companies, a prominent, vertically integrated multi-family developer with active projects throughout the mid-Atlantic and Southeast, announced it has begun construction on its latest apartment community in Annapolis, Maryland. Aventon Annapolis, located at 2555 Riva Road, will be a five-tale, 250-unit, amenity-rich apartment community situated on nearly four acres and conveniently located near major Fortune 500 employers, world-class schools and hospitals as well as restaurants and shopping destinations. Aventon Annapolis is being developed through a joint venture with Lake Forest, IL-based private equity firm, Westminster Capital.
The new community will offer spacious studio, one, and two-bedroom floorplans that feature high-end finishes and smart home technology. Designed for simple living, over 15,000 square feet of amenity space includes a resort-style, saltwater pool, game room with activities like pool, shuffleboard and retro arcade machines, fitness center featuring cardio and strength training equipment, as well as private day offices, a conference room and podcast studio. Animal lovers will delight in ample walking space, a dog park, and state-of-the-art pet spa.
“Annapolis is one of the most sought-after submarkets in the DC metro area thanks to its prime location on the Chesapeake Bay, supply constraints, and a booming local economy,” said Mark Coletta, Senior Managing Director for Aventon Companies. “Aventon Annapolis marks our first venture into Annapolis, and we are thrilled to become the premier luxury asset for apartment living in this already prestigious town.”
Aventon Annapolis is currently approved as the multi-family component of a larger mixed-use project which consists of 50,000 square feet of office space and 7,200 square feet of retail space. The project has been designed by SK+I Architecture, Parker Rodriguez, Inc., and Carlyn and Company. In just under three years, Aventon Companies has assembled an impressive $1.5 billion portfolio of ground-up developments bringing nearly 6,000 Aventon-branded apartment homes to Florida, Georgia, the Carolinas, and the Mid-Atlantic. Aventon Annapolis is slated to be completed in 2023.

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FRISCO, TX – Domain at The Gate, a 350-unit multifamily community in the northern DFW metro region, has been sold by Embrey Partners, LLC. The buy was made by TA Realty and brokered by Walker & Dunlop.
The best-in-class property situated within the prominent mixed-use development, The Gate, will retain the award-winning Embrey Management Services (EMS) to manage the property.
“This is a luxury property in a premier location adjacent to The Star District, home to the Dallas Cowboys and widely known in the area for its simple access to top-quality restaurants and entertainment,” said John Kirk, Managing Director and Executive Vice President of Development for Embrey. “The Frisco area is considered one of the strongest submarkets in the DFW metroplex and a highly desirable location for corporate offices.”
Property amenities include a luxurious pool courtyard with a fully equipped outdoor kitchen, a two-tale fitness center with spin bikes and TRX training equipment, sport simulator and bocce ball court, and a dog park and pet spa for residential pets. Access to a WIFI lounge, bike storage and repair shop, and a controlled access parking garage with electric vehicle charging stations add to the resident-experience.
Residential units include spacious floorplans with 9-foot ceilings, wood-style flooring and kitchens with granite countertops and stainless-steel appliances. Built-in computer desks and bookshelves are also available in select units.

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PORTLAND, OR – MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Portland presence, announcing the acquisition of Maddox Apartments. The two newly combined and rebranded communities, formerly known as North Harbour Vista and Marine View, offer on-site retail and a coveted location along the Columbia River.
Located in the Bridgeton neighborhood of North Portland, the 210-unit community offers an ideal location within walking distance to the Expo Center Light Rail Station, connecting residents to the larger Portland metro and offering simple access to Vancouver. North Portland offers a seamless commute to the downtown core, while still having the feel of a suburban location.
“We are thrilled to add Maddox to our portfolio of communities,” said Mark Gleiberman, MG Properties Group’s Founder & CEO. “Maddox allows us to further scale our regional portfolio while investing in a submarket that we believe has substantial growth potential.”
The seller, Prima Donna Development, was represented by Mark Palmer, Michael McCleary, and Ryan Thompson at Palmer Capital Inc. The acquisition of Maddox Apartments was financed with a loan from an affiliate of Apollo Global Management arranged by Bryan Frazier, Andrew Schoene, and Blake Hockenbury at Walker & Dunlop.
Maddox is the 20th community bought in the past year by MG Properties Group, totaling over $1.6 billion in combined value. MG Properties is continuing to target further acquisitions in Washington, Oregon, California, Arizona, Nevada, Utah, Colorado, and Texas. 

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