SAN FRANCISCO, CA – Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its newest luxury residential community – Alta Potrero – in San Francisco, California. The new community is managed by Wood Residential Services.
Alta Potrero offers modern-style apartment homes in the well loved neighborhood of Potrero Hill in San Francisco, near many of the city’s top employers, food and entertainment destinations, and transportation hubs. Located at 1301 16th Street, Alta Potrero is delivering 172 units to one of the country’s most desirable residential areas.
“Potrero Hill is a charming neighborhood with an abundance of restaurants and bars, which will provide residents with unbeatable access to everything San Francisco has to offer,” said Julia Wilk, Managing Director for Wood Partners.
Residents can easily get to work from nearby BART, MUNI and Caltrain stations, or on one of many bus lines or bike lanes in the neighborhood. Alta Potrero has simple access to Interstate-280 and Highway 101. Numerous major tech company headquarters are within two miles of the new community, as are offices for many major financial and medical research employers.
Surrounding Potrero Hill are a variety of dynamic neighborhoods, home to dozens of local eateries, bistros, coffee shops, and small businesses. Safeway and Whole Foods locations within a half mile provide simple grocery store access.
Alta Potrero features 6,700 square feet of first floor retail and two expansive rooftop outdoor terraces with barbeque grills, fire pits and 360-degree views of San Francisco’s skyline. A landscaped courtyard has fire pits and a shaded tree grove. The community also has co-working spaces, bike storage and a dog wash.
The fitness center features state-of-the-art equipment including a Peloton Bike. Unit and building entries are smartphone operated by Latch, and the community has a secured 24-hour package room.
Each apartment home offers the finest kitchen finishes from Fischer & Paykel, Blomberg appliances, quartz countertops, backsplashes and islands. All homes have floor-to-ceiling windows, individual climate controls and front-load, in-unit washer and dryer. Select units feature private balconies.
Alta Potrero offers 172 apartment homes in studios, one-, two- and three-bedroom plans, plus townhomes with walkup access.

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PHOENIX, AZ – The Praedium Group, a New York-based national real estate investment firm, announced the acquisition of Liv North Valley in Phoenix, AZ, which is in the process of being rebranded as Nova North Valley. Peter Calatozzo, Principal of The Praedium Group, announced the investment firm’s most recent acquisition.
Constructed in 2019, Liv North Valley is a 385-unit multifamily community in Arizona’s North Valley, a growing submarket in Phoenix that continues to see growth due to its proximity to job opportunities, major thoroughfares, retail offerings and top-rated schools. Growth in the area where Liv North Valley is located is expected to continue, and the greater Phoenix MSA has been recognized by the US Census Bureau as one of the fastest growing metros in the country; averaging 2.8% year-over-year growth between 2010-2019, nearly double the national average of 1.6% for the same period.
Liv North Valley is an amenity-rich, pet-friendly community offering an exceptional living experience with convenient access to Interstate 17 and the Loop 101 Pima Freeway. Liv North Valley also features modern finishes, luxury living spaces and market-leading amenities which reflect a focus on technology, sustainability, wellness and community. Homes at Liv North Valley have high quality interior finishes, including modern gourmet kitchens with GE Energy Star appliances, granite countertops, pendant lighting, and wood-style plank flooring.
Despite being developed prior to the global pandemic, Liv North Valley also incorporates many design features that are top-of-mind for architects and developers today to promote social distancing and incorporate healthy living. The property features numerous outdoor amenities including fitness stations, community garden, sports court, sand volleyball court, playground, bark park, BBQ grill and lounge areas, saltwater heated pool and spa, a spacious clubhouse and gym, and other recreational areas.
“The North Valley submarket continues to attract significant investment from public and private parties, and we have confidence in the area’s continued growth prospects,” said Mr. Calatozzo. “Major infrastructure improvements such as the Loop 303 project and the I-17 lane expansion are being undertaken to support the growing population in the area and increase connectivity throughout the greater Phoenix MSA, and private companies have demonstrated their commitment to the area through several office expansions or relocations. The submarket further attracts residents because of its abundant retail and dining options at the Shops at Norterra, and access to one of the best school districts in Phoenix. The acquisition of Liv North Valley continues our strategy of acquiring high quality apartments in growth markets.”
Josh Kogel, Vice President of The Praedium Group, adds “The property also benefits from a diverse base of employment drivers and corporate employers, including USAA – the largest employer in the area which will have 5,500 employees upon the completion of its campus, Farmers Insurance Group, Learn Financial Services, and Honeywell, to name a few.”

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NEWPORT NEWS, VA – The DF Multifamily division of Drucker + Falk, a performance driven real estate service and investment firm among the most respected property management and commercial real estate companies in the country, recently opened AXIS at PTC apartments in Hampton, Virginia. The newest urban lifestyle community in Peninsula Town Center, AXIS at PTC, is an open air mixed-use development in Peninsula Town Center, where you can shop, dine, live, work, and play, featuring a mix of department and specialty retailers and restaurants, as well as commercial office and residential space.
The town center area also has several landscaped parks, plazas and squares and 4,402 parking spaces in surface and structured lots as well as on-street. Axis at PTC is within walking distance to favorites like Target and the Hampton Coliseum, and is a modern, conveniently located community focused on providing residents with a one-of-a-kind lifestyle and has already seen outstanding occupancy numbers. Leading the Peninsula multifamily market in rent per square footage, AXIS at PTC is more than 50% leased in just three months and has already begun receiving rave 5-star reviews from its residents.
With a sleek, stylish aesthetic and luxurious interior finishes, Axis at PTC provides the ultimate in modern amenities: walk-in showers; stainless steel appliances; a covered parking garage; storage units; granite countertops; custom cabinetry; sophisticated tile backsplashes; vinyl plank flooring; reset lighting; floor to ceiling windows; and a 24/7 fitness and wellness center with state-of-the-art Matrix cardio and weight training equipment and more than 200 virtual on-demand classes. With a rooftop party deck that provides stunning views of the city, contemporary pocket courtyards, a club room with a catering kitchen, and resident social events, Axis at PTC, in just a few small months, has proven itself to be the perfect space for entertaining friends and loved ones. With the goal of making the work-life balance a small more seamless for residents, especially in the era of working remotely, there is speedy Wi-fi; a trusted package receiving system; professional on-site management by Drucker + Falk; convenient online resident payment system and online service request forms; and more.
The apartment homes at Axis at PTC are chic, modern, and surrounded by the upbeat energy of Peninsula Town Center, providing residents with a huge city vibe at an affordable price. The luxurious apartments are within walking distance to restaurants and bars (Avenue Blue Piano and Wine Bar, Chipotle, FirstWatch Daytime Cafe, The Greene Turtle, Park Lane Tavern, Smashburger, etc); nails salons, book stores, shopping, beauty stores, and much more.
Deidre Brown, DF Director of Multifamily Management, says, We are thrilled about the success Axis at PTC has seen in such a small amount of time. With studio, one, two, and three-bedroom apartments, the 162-unit Axis at PTC has some of the most modern and elegant interior features and provides that city feel that only being in a bustling spot like Peninsula Town Center can achieve. All of us at Drucker + Falk are dedicated to the management of this community and the growth of such a top-notch area.
Zaf Tabani of the Dallas-based Tabani Group says, Our plot to bring renewed energy to Peninsula Town Center is well under way and the sky is truly the limit when it comes to apartment communities and other places of interest. The relationship we have developed with Drucker + Falk is a strong one and we are grateful to have their talent and expertise when it comes to the area s multifamily management.

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