High End 304-Unit Ora Luxury Apartment Community Brings a New Way of Urban Living to Boston’s Seaport Waterfront

BOSTON, MA – Lincoln Property Company (LPC) and Phoenix Property Company (PPC) presented Ora, a mixed-use development offering high-end studio, one, two and three bedroom apartments, now open in Boston’s Seaport District.
Ora is a 12-tale, mixed-use apartment community with 304 luxury units, as well as restaurant, retail and innovation space on the ground and garden levels. The building has been designed with a commitment to progressive thinking, innovation, luxury and connectivity. Select units feature open concept floor plans, private balconies, waterfront views, quartz countertops and keyless entry.
The themes of connectivity and luxury are reinforced by the building’s shared amenities, which include concierge services, valet parking, a central public courtyard, a rooftop pool and a sky deck on the 12th floor with over 8,500 square feet of outdoor amenity space and sweeping views of downtown and Boston Harbor.
This project is the latest development among the growing residential and commercial activity in the Seaport District. LPC and PPC are committed to continuing this area’s transformation and fostering growth across the entire region through public and private partnerships.
As part of this initiative for smart growth, Ora was designed with a commitment to climate resiliency and sustainability. The property is surrounded by a barrier built to withstand three feet of floodwater, based on FEMA and Massachusetts guidelines for rising sea levels over the next 30-40 years. It has also been awarded LEED Silver certification by the U.S. Green Building Council, the most widely used green building rating system in the world.
The team behind Ora’s leasing and marketing efforts describes the project as “a new way of urban living.” The building’s mission is to reflect the essence of the Seaport as a representation of “the new Boston.” Through its architecture, services, and amenities, Ora has been deliberately designed to facilitate real connections for its residents, while offering the convenience and vibrancy of an urban neighborhood just steps from the Silver Line and minutes from South Station.

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Mission Rock Residential Selected to Manage Summit at Flatirons Luxury Apartment Community in Broomfield Submarket of Denver

DENVER, CO – Mission Rock Residential, a Denver-based, national multifamily property management company, is further expanding its Colorado presence, announcing a new management contract for the Summit at Flatirons apartment community. Formerly named “Bell Summit at Flatirons,” the company has been issued an agreement for the management of the apartment community by its new owner, Treeline Multifamily Partners.
“This community offers a prime location in the Denver and Boulder metro area, and we are thrilled to be able to bring our Mission Rock standards to residents right here in our own home city,” said Patricia Hutchison, President of Mission Rock Residential. “Our growing collaboration with Treeline Partners demonstrates our strong alignment on values and multifamily community building. We are excited to expand our partnership at this new site.”
The 500 residential homes at Summit at Flatirons have recently been upgraded to include gourmet kitchens with quartz counter tops, new stainless-steel appliances, large pantries, full-size washers and dryers, garden tubs, spacious walk-in closets, private patios or balconies. One, two, and three-bedroom apartment homes are offered within this community, each with well-appointed finishes and spacious floorplans.
The community also offers state-of-the-art amenities such as a saltwater swimming pool and jacuzzi, a 24-hour fitness center with On-Demand classes, two on-site dog parks, a movie room, and a business center. The central pool area offers an outdoor fireplace and expansive BBQ grilling area, surrounded by lush landscaping. The views to the nearby Rocky Mountains are dominant across the skyline throughout the community.
Summit at Flatirons is conveniently situated midway between Denver and Boulder, making it a fantastic option for residents with jobs located in either city. The nearby shopping district, Flatiron Crossing, offers wonderful shopping, dining, and night life venues.
The Denver metro region has seen remarkable growth in the last 15 years and continues to see a high demand for market rate, residential lifestyle options around the region. Between new companies moving into the region, and the high demand for a mountain-friendly lifestyle, new residents are continuing to migrate to the region.

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Shoma Group Closes $84 Million in Financing for 226-Unit Mid-Rise Multifamily Community in Doral, Florida with Walker & Dunlop

DORAL, FL – Walker & Dunlop, Inc. announced that it structured $84,000,000 in financing for Sanctuary Doral, a newly constructed, 226-unit, Class A, mid-rise apartment building in Doral, Florida with nearly 27,000 square feet of ground floor retail space.
Jeremy Pino and Livingston Hessam led Walker & Dunlop in structuring the financing on behalf of Shoma Group, a strong, repeat client with extensive experience in developing multifamily properties throughout Florida. Pino and Hessam worked alongside Geoff Smith and Kimberly Schmitz of Walker & Dunlop Commercial Property Funding, the company’s specialty finance first mortgage and mezzanine lending platform. Bringing a solutions-oriented approach to every deal, the team specializes in addressing the most complex commercial real estate transactions.
Together, Walker & Dunlop’s team provided interest-only bridge financing with a three-year term. The debt served as a construction loan takeout prior to lease-up of the development, which is currently approximately 30 percent occupied.
“We’re very pleased to obtain financing for Sanctuary Doral with Walker & Dunlop. This is the second deal we have completed together this year and is a right endorsement of the strength and market appeal of our offering,” commented Masoud Shojaee, President and Chairman of the board of Shoma Group. “Each team worked together to make this happen. We look forward to continuing our forward momentum on this development and collaborating on other projects in the future.”
Sanctuary Doral, located in one of Miami’s most desirable submarkets, offers a mix of one-, two-, and three-bedroom apartments within two, six-tale mid-rise buildings. The luxury rental community is situated on eight acres and features ample outdoor space, resort-style amenities, and the unique Shoma Bazaar food hall.
“This transaction highlights WDCPF’s ability to deliver competitively priced capital in the midst of the development’s final phase of lease-up,” Mr. Smith commented. “We believe in Shoma Group’s track record and vision for the area. Once lease-up is complete, Shoma also benefits from the position and strength of the larger Walker & Dunlop platform, which can provide permanent financing through our agency, CMBS, and life company relationships.”

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