PORTLAND, OR – Freshwater Investments announced the acquisition of Maybeck at the Bend Apartments – a 120-unit garden-style property located in Tigard, OR, 20 minutes from Portland downtown. Built in 1998, Maybeck comprised of one-, two- and three-bedroom apartments with an average unit size of 842 square feet.
Maybeck at the Bend is the first acquisition in Portland metro area for Freshwater Investments and a significant addition to the firm’s multifamily portfolio in Seattle and Colorado Springs markets.
Alex Rozenfeld, Freshwater Investments Founder and Managing Partner commented: We ve been looking at the Portland market for a while, as we see huge potential in this region. It s very competitive out there, which makes it even more thrilling to start our journey in Portland with a solid asset such as Maybeck. We welcome this opportunity to build value for our investors portfolios, while making Maybeck a better place to live for our residents.
The seller was represented by Ira Virden and Carrie Kahn of JLL.
We are thrilled with the sale of Maybeck at the Bend. This was a very smooth transaction. It was fantastic to work with Freshwater and JLL again, said Anthony Ly, Transactions Director at Hamilton Zanze, the seller in the transaction.
Founded in 2015, Freshwater Investments is a is a California based private equity real estate investment firm offering individual investors and family offices opportunities to grow their capital through ownership of multifamily properties.

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CHICAGO, IL – Greystar Real Estate Partners, a global leader in the investment, development, and management of high quality rental housing properties, announced that the first wave of apartment homes in the new Highland Ridge community are now available and ready for immediate go-in.
Developed by Heartland Real Estate Partners (Heartland) and with property management services provided by Greystar, Highland Ridge will encompass a total of 240 spacious and luxuriously appointed units with a total of nine unique floorplans available. Located at 14158 S. Hilltop Lane in historic Lockport, just 30 miles from Chicago, the garden-style multi-family development offers one and two bedroom floorplans ranging from 804 to 1,317 square feet in size.
We are excited to provide a sophisticated and luxurious community living experience for the residents of Highland Ridge, said Ferda Guvenc, Greystar s Senior Regional Property Manager for the Greater Chicago area. These state-of-the-art apartments offer a robust range of amenities and, I am confident that, with the exceptional quality of these units and Greystar s best-in-class property management services platform, Highland Ridge will prove to be one of the most sought after rental housing options in Lockport.
Featuring the same type of limestone as the lining of the town s well-known I&M Canal, Highland Ridge invokes the stylistic identity of Lockport while offering an unmatched suite of modern features, such as electronic entry locks and smart thermostats. Residents will delight in expertly designed interiors featuring hardwood-inspired floors, gourmet kitchens, stainless steel appliances, and other state-of-the-art additions. The community offers some of the best amenities and services in the area, including a lounge area, sun deck, resort-style swimming pool, fitness center, yoga room, and dog park.
As the Lockport community continues to grow, we are pleased to provide this tremendous apartment complex, said Tim Grogan, Managing Principal at Heartland. With Greystar s best-in-class team managing the property, we believe this community will represent the gold standard of high-quality rental housing options in the Greater Chicago area for decades to come.

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ATLANTA, GA – Walker & Dunlop, Inc. announced that it provided $26,000,000 in acquisition financing for The Reserve at Johns Creek Walk, a Class A multifamily complex located just outside of Atlanta, Georgia, in the Johns Creek suburb.
The loan was closed on behalf of JLL Income Property Trust, a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing apartment, industrial, office, and retail properties located in the United States.
Led by Executive Vice President and Managing Director Jim Cope and Vice President Benjy Krosin, the Walker & Dunlop team navigated the complexities of the institutional investment management program. This included underwriting the loan to REIT standards and securing financing with the appropriate flexibility required by the Trust. Leveraging their deep understanding of GSE programs and extensive experience in the DST space, the Walker & Dunlop team identified Fannie Mae as the ideal lender for the transaction, securing ten-year financing with five years of interest-only payments.
Located less than 30 miles from the Atlanta Central Business District, The Reserve at Johns Creek Walk enjoys simple accessibility to nearby employment centers and is within walking distance of local retail, entertainment, and restaurants. A top choice for area renters, the city of Johns Creek was recently listed as one of Money Magazine’s Top 20 Best Places to Live, thanks to its superior public schools and ample outdoor activities.
Situated on nine acres, the garden-style apartment community comprises 210 units. Amenities include a pool, fitness center, pet spa, playground, car wash, an outdoor kitchen, and picnic areas, as well as a cabana with grill stations and flat-screen TVs. The Reserve at Johns Creek is also located just off of the Johns Creek Greenway Trail.

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