CELEBRATION, FL – Versity Investments has bought Astoria, a multifamily property built in 2015 located in Celebration, Florida. According to Versity CEO Blake Wettengel, the property is the first multifamily asset for the company and is currently 97.1% leased. Astoria was offered as a 1031 exchange with a DST (Delaware Statutory Trust) structure.
“We are thrilled with our newest DST offering, Astoria, in the famed city of Celebration, Florida” said Wettengel. “In addition to this being a gorgeous property, complete with a vintage art deco motif, it’s location and proximity to jobs, entertainment, and health care may help keep this project healthy with substantial growth potential for years to come. In addition, the value of Florida real estate is at an all-time high, and with the unprecedented growth in raw material costs and construction wages, rents have the potential to continue to grow for the foreseeable future. In small, we believe we have positioned investors for yet another stellar investment.”
The property, situated on 14.41 acres, consists of one, two and three-tale residential buildings with one – two – and three-bedroom units offering resort style amenities. The town of Celebration is accessible near major freeways and to several major tourist attractions including Disneyworld, Sea World and Universal Studios.

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SALT LAKE CITY, UT – An affiliate of Walton Street Capital announced that it has bought a 95-unit boutique apartment community located at 385 South 400 East in Downtown Salt Lake City, UT. Quattro was bought in a partnership with ETHOS Real Estate, a real estate operating platform with a long track record of developing and investing in multifamily housing in the Western U.S.
Built in 2020, the Property features a mix of studio, one, two, and three-bedroom apartments that are currently 99% leased, along with 2,300 square feet of ground floor retail space. Unit amenities include quartz countertops and backsplashes, stainless-steel appliances, wood-style flooring, private balconies, full-size washers/dryers in-unit, large closets, and city and mountain views. Community amenities feature a rooftop observatory and patio with grill stations and fire pits, clubroom with gourmet kitchen and speakeasy lounge, Zen garden with hanging beds, spin room, yoga studio and group fitness gym, saunas and a fully-automated parking garage.
Located in Salt Lake City s CBD, Quattro is within three blocks of three UTA TRAX light rail stations providing convenient access to employment centers, retail options, and entertainment destinations including City Creek Mall, Salt Palace Convention Center, Vivint Arena, and Temple Square. The Property is surrounded by many up-and-coming multi-use developments and boasts direct access to well loved skiing and other mountain recreational activities.
We have been strong believers in the Salt Lake MSA for several years and are excited to add to our existing investments in the market. We believe Utah will continue to see strong demand growth given favorable population trends and high quality of life, said Andrew Gindy, Senior Principal at Walton Street.
Quattro represented an attractive opportunity to buy a well-leased, high-quality asset in an infill location within Salt Lake City s urban core, said Robert Bloom, Managing Principal at Walton Street.

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BALTIMORE, MD – Wood Partners, a national leader in multifamily real estate development, announced the grand opening of its newest luxury property, Alta Federal Hill. Situated at 1800 S Hanover Street in Baltimore’s Federal Hill neighborhood, the expansive property features sweeping views of the city skyline and a total of 275 residential units.
With its industry-leading amenities package, Alta Federal Hill truly stands out from the rest of the market. The property’s outdoor spaces feature a resort-style pool with spacious tanning deck, an outdoor entertainment area outfitted with multiple grilling stations, TVs, lounges and gaming area, a pet spa with two dog washing stations, and an open-air rooftop lounge with spectacular views of the city. Inside, the club area features hi-def TVs, lounge seating, co-working spaces and conference rooms, a 24/7 fitness center with weights and virtual training equipment. There is also a tavern-themed sports lounge complete with a bar/kitchen area, billiards table, shuffleboard, dartboard, arcade games and huge screen TVs.
The residences themselves offer one, two and three-bedroom custom designed floorplans. The stunning kitchens feature white quartz countertops, designer tile backsplash, soft-close cabinetry, and a stainless-steel GE appliance package. Designer wood-style flooring runs throughout the apartment homes with bathrooms featuring designer tile, shower/tub surrounds and frameless glass shower doors. Each home also comes complete with a full-sized washer/dryer set, ecobee thermostat, keyless access system and wiring for high-speed internet. Select homes feature oversized walk-in closets and walk-out patios and balconies as well.
“As the company’s second property in the Baltimore area, Alta Federal Hill perfectly aligns with Wood Partners’ ongoing commitment to developing properties that not only align with the needs of future residents, but also embrace the surrounding community as a whole,” said Scott Zimmerly, Executive Managing Director. “Alta Federal Hill caters to the differing needs of residents commuting in and out of the city by providing simple access to I-95 and I-395, which run alongside the property. At the same time, Alta Federal Hill puts residents near the growing list of dining and entertainment options the neighborhood has to offer, including M&T Bank Stadium and the iconic Oriole Park at Camden Yards, which are both within walking distance.”

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