BETHLEHEM, PA – DLP Real Estate Capital, a private financial services and real estate investment firm, announced its acquisition of The Edge at Kutztown, a 184-unit student housing property, located in Kutztown, Pennsylvania. The community, renamed to DLP Kutztown, will offer naturally occurring affordable housing to both students and families living in Kutztown and the Greater Lehigh Valley area. The acquisition of DLP Kutztown continues DLP’s focused mission on positively impacting the current housing affordability crisis affecting families across the nation.
Don Wenner, Founder and CEO of DLP Real Estate Capital commented, “The acquisition of DLP Kutztown adds to our growing portfolio and confirms our belief in the Greater Lehigh Valley, where I was born and raised. By transforming the community to a mix of both student and multifamily units, more hardworking individuals and families will be able to live here at a more affordable price. It’s humbling to be able to make an impact while continuing to deliver remarkable results for our investors.”
Lou Davis, Managing Director of Investments, commented, “DLP Kutztown is a fantastic example of how DLP is making an impact for our residents and investors alike. Our team remains bullish on the Greater Lehigh Valley area and we are committed to adding value in Kutztown through our regional expertise.”
DLP Kutztown was built in 2008 and is conveniently located to nearby Kutztown University, one mile from vibrant downtown Kutztown, and is part of historic and gorgeous Berks County. It is close to major highway routes offering convenient access to regional employment, including KU, Lehigh Valley Health Network, Sposto Interactive, and more. The multifamily property consists of three-bedroom units with amenities that include full appliance and furniture packages, in-unit washer/dryers, clubhouse, patio with grilling area, and more.

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HOUSTON, TX – Wood Partners, a national leader in multifamily real estate development, announced the grand opening of its newest luxury residential community in Houston: Alta River Oaks.
Situated in one of Houston’s most prestigious areas, Alta River Oaks is located at 3636 W Dallas Street. The property delivers a refined experience, with a carefully curated balance of sophistication, luxury, and comfort, as well as accessibility to some of Houston’s most desirable locales. In total, 364 multifamily residences are available with an array of floorplans ranging from one to three-bedrooms. As part of a right live-work-play community, residents have access to major employers, retail centers, restaurants and nightlife, recreation, and entertainment facilities. Nearby Buffalo Bayou Park offers a 160-acre oasis and is widely recognized as one of America’s fantastic urban green spaces.
“Opening the doors to Alta River Oaks marks the culmination of several years of hard work executed by an brilliant team,” said Bart Barrett, Managing Director for Wood Partners. “Houston has been, and continues to be, a major focus for Wood Partners, and we are very proud of the communities we’ve made. We are delighted to celebrate the grand opening of Alta River Oaks as a first-class development in a first-class location.”
Each of the residences within Alta River Oaks delivers high-quality finishes. Well-appointed kitchens feature two custom color scheme options, stainless steel GE appliances including front control convection gas ranges, quartz countertops, tile backsplashes and designer cabinetry. Designer plank flooring adds warmth and front load full-sized washers and dryers bring convenience to every home. En suite bathrooms feature quartz countertops, illuminated mirrors, and modern tile bath and shower surrounds. Lofty 10- to 13-foot ceilings provide openness while private balconies extend living spaces to the outdoors. Some residences feature integrated smart home technology, including voice assistant, smart thermostats, light switches, and electrical outlets.
Alta River Oaks differentiates itself with best-in-class resident services, contemporary styling elements, and an amenities package that raises the bar. It features a sparkling, resort-style pool and sundeck, as well as an expansive outdoor entertainment space with grilling stations, generous seating, and a gathering terrace. The 24/7 Fitness Center and Lifestyle Studio features a yoga room, Precor cardio theater featuring touch-screen connectivity, Precor weight stations and conditioning equipment. The Clubroom offers lush seating, televisions, a game area and a fashionable Speakeasy space. The Sky Lounge provides awe-inspiring views of Houston. Private conference rooms and micro-offices are also available for reservation.
The luxury doesn’t stop with human residents. Alta River Oaks offers a pet-friendly environment, recognizing that furry friends are just as much a part of the family as anyone.

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SAN DIEGO, CA – Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., announced the start of preleasing at Modera San Diego, a luxury apartment community in the city’s eclectic downtown area.
The seven-tale community, which features 368 apartment homes and an array of deluxe amenities, sits at the corner of 14th Street and K Street and represents Mill Creek Residential’s first development community in downtown San Diego. The community is within walking distance of Petco Park, Quartyard Events Plaza and the city’s ultra-well loved Gaslamp Quarter. Go-ins will start later this summer.
“Downtown San Diego is rapidly becoming one of the most dynamic living destinations in southern California, and we’re thrilled to join the neighborhood,” said Sam Simone, senior managing director of development in Southern California for Mill Creek Residential. “We believe the community’s pedestrian-friendly location and best-in-class design will connect our future residents to a thriving downtown in a way that will set a new standard for a quality living experience in the area.”
Situated at 1445 K Street, Modera San Diego boasts a superb Walk Score of 93 and is within moments from the beach, the charming Small Italy neighborhood and across the street from the award-winning Mission Brewery. Residents are within two blocks from a San Diego Trolley station, which offers connectivity to the greater downtown area and links to Amtrak regional lines.
The downtown San Diego area continues to emerge as a hip-and-trendy destination featuring a multitude of breweries, coffee shops and nightlife options. The neighborhood’s growing creative office base, which has made abundant job opportunities in the design and technology fields, has boosted the area’s burgeoning employment market.
Modera San Diego, which offers studio, one- and two-bedroom homes with various loft plans on the penthouse level and den layouts, features three distinct architectural styles designed to complement the neighborhood. Community amenities include two meticulously landscaped outdoor courtyards, a 5,100-square-foot sky lounge with resort-inspired pool and spa, fireside gathering areas, two outdoor kitchens with brick pizza oven and spectacular views of the bay and downtown skylines. Residents at the pet-friendly community also have access to a state-of-the-art fitness studio, co-working spaces, executive conference rooms, a resident clubhouse, bowling lounge with two regulation lanes, lobby lounge, 24-hour package storage lockers, a dog run with grooming basins, bike storage and controlled-access garage parking.
Apartment interiors are equipped with a variety of high-end finishes, including two distinct color schemes, nine-foot ceilings, stainless steel appliances, smart-home features including Nest thermostats and programmable lighting, wood plank-style floors, quartz countertops with matching backsplashes, custom cabinetry and soaking tubs with tile surrounds. Select homes feature kitchen islands, soaking tubs with tile surrounds, walk-in closets with built-in shelving, digital appliances and private patios or balconies.

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