HOUSTON, TX – Venterra Realty announced the grand opening of The Delta Pearland, a newly developed luxury multifamily community strategically located at 7300 Magnolia Pkwy in Pearland, Texas. Delivering 358 one- and two-bedroom units on an over 18+ acre site, the community represents a tactical expansion of Venterra’s development portfolio in one of Houston’s fastest-growing and most attractive suburban submarkets.
The Delta Pearland meets rising demand for quality housing driven by Pearland’s rapid growth, top-ranked schools, and access to major employers. Located under five miles from Highway 288 and Beltway 8, the community offers a quick 25-minute commute to Downtown Houston. It’s less than a mile from its zoned Pearland ISD elementary school and borders the 3,300-acre Shadow Creek Ranch, featuring over 300 acres of lakes and 22 miles of trails.
This project represents the first development completed under Venterra’s new joint venture (JV) program, which is focused on identifying and building relationships with high potential and emerging developers. Venterra now fully operates all aspects of the day-to-day operations at the property.
“The successful delivery of The Delta Pearland underscores Venterra’s commitment to strategic site selection and thoughtful development,” said John Foresi, CEO of Venterra Realty. “This project brings to market a high-quality, highly amenitized community in a location that aligns with long-term positive economic trends. Pearland continues to lead the metro in livability, connectivity and education, making it a key target for our portfolio.”
The community features upscale one- and two-bedroom apartment homes with quartz countertops, stainless steel appliances, luxury vinyl flooring, large kitchen islands, garden tubs, stand-up showers, and full-size washer/dryers. Residents benefit from resort-style amenities including a pool and outdoor lounge, coworking spaces, private offices, a fitness center with yoga room, bark park, pet spa, sports court, car care and bike stations, and SmartPackage lockers. The community is pet-friendly and supported by Venterra’s SmartHub system and 48-hour maintenance guarantee.
A standout feature of the development is its offering of exclusive Live & Co. Suites—Venterra’s innovative hybrid live/workspaces that integrate commercial workspace below private living areas. These flexible hybrid units cater to remote workers and entrepreneurs seeking to eliminate commutes and optimize productivity—offering a differentiated product aligned with evolving workforce trends.
“The Delta Pearland represents the type of thoughtful, market-responsive development that positions Venterra for long-term growth,” said ;Andrew Stewart, Chairman of Venterra Realty. “This project strengthens our Houston portfolio and supports our mission to make high-quality communities in locations with enduring demand.”

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CHARLOTTE, NC – Toll Brothers, the nation s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and International Capital, LLC have announced a new joint venture to develop The Airedale, a three-tale, 348-unit luxury multifamily rental community in Charlotte, North Carolina. The joint venture has secured a $56.8 million construction loan facility from TD Bank. The equity and debt were arranged by Toll Brothers in-house Finance Department. Toll Brothers Apartment Living will manage the development of The Airedale.
The Airedale will offer 348 apartment homes in a mix of one-, two-, and three-bedroom floor plans. Each apartment home will offer sophisticated features and finishes, including quartz countertops, stainless steel appliances, soft-close cabinetry, under-cabinet lighting, and modular closets, as well as smart home technology. The community s amenities will include a resort-style pool and sun deck with cabanas, a state-of-the-art indoor/outdoor fitness center, a pet spa and half-acre pet park, a coworking suite with individual work pods and a conference room, a clubroom with a private dining room, and a grab-and-go mini market.
“The Airedale represents a milestone for Toll Brothers Apartment Living as we expand into North Carolina and underscores our commitment to delivering exceptional luxury multifamily communities in high-growth markets,” said John McCullough, President of Toll Brothers Apartment Living. “We are excited to bring a best-in-class living experience to South Charlotte with thoughtfully designed apartment homes and upscale amenities.”
The Airedale will be located at 13607 Choate Circle in the vibrant Steele Creek area of Charlotte. The community will be ideally situated in proximity to Charlotte Douglas International Airport and major thoroughfares such as I-77, I-485, and South Tryon Street, providing access to Charlotte s employment centers in South End and Uptown. Residents of the community will have simple access to outdoor recreation, including the Walker Branch Greenway, and will be within a small drive of several grocery stores, including Sprouts Farmers Market and Publix, and the RiverGate Shopping Center, which offers a diverse selection restaurants and retail, including Target, Best Buy, and The Home Depot.
International Capital is thrilled to start development on The Airedale, sparking our first partnership with Toll Brothers Apartment Living. We have been searching for the right partner, location, and timing for our entrance into the Charlotte market and believe The Airedale checks all the boxes, said Andrew Doster, Vice President of Investments for International Capital. Toll Brothers Apartment Living’s focus on design, quality, and incorporating the local culture into the project will set The Airedale apart in this affluent area of South Charlotte. We’d like to thank the entire Toll Brothers Apartment Living team and our lending partner, TD Bank, for such a smooth and flawless closing process.

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CLEBURNE, TX – Founders Development Company, a seasoned leader in residential and commercial real estate, announced its latest multifamily development project: RailRoad Lofts. It is part of the master-plot Railhead Addition in Cleburne, Texas. The development is now officially open for investment, with private capital opportunities available for qualified partners.
Strategically located adjacent to the well-known baseball stadium, La Moderna Field, home of the Cleburne Railroaders minor league baseball team. The project s access to the junction of US Highway 67, SH 171, and the Chisholm Trail Parkway, RailRoad Lofts represents a rare blend of accessibility, lifestyle, and long-term growth potential. This fully entitled mixed-use project will ultimately include townhomes, build-to-rent homes, retail, restaurants, a hotel, and a medical center, making it one of the most ambitious developments in Cleburne s history.
This project checks every box: growth corridor, entitlement-ready land, high-demand multifamily housing, and a mixed-use vision that builds real community, said the developer and founder of Founders Development Company. After evaluating countless opportunities, this is the first one in over a year that lit up green from every angle, from land to demand price, rent growth potential, and location. We re proud to offer our investors a stake in something substantial, sustainable, and transformational.
RailRoad Lofts offers a thoughtfully curated mix of one-, two-, and three-bedroom floor plans and a suite of high-end amenities designed for modern urban living. Residents will delight in a luxury clubhouse with a full kitchen and coffee bar. Resident lounge and business center with conference rooms, full-service fitness facility, and resort-style swimming pool and outdoor cooking stations. It will also have crushed granite walking trails lit with festoon lighting, leading to an adjacent entertainment district, options for surface parking, covered carports, & enclosed garages, and on-site EV charging stations.
The development is being financed through a 40-year fixed-rate HUD loan, one of the most coveted financial tools in multifamily real estate. Approximately, $57 million will be funded through HUD, with the remaining $13 million open to private investors as limited partners.
Multifamily is one of the most stable, scalable, and tax-advantaged investment strategies available today, Clarke stated. For those looking to diversify their portfolios with high-growth real estate opportunities backed by proven management and institutional-quality financing, RailRoad Lofts is a premier option.
Founders Development Company brings over 25 years of experience in ground-up construction, value-add projects, and commercial development. The firm prides itself on identifying high-potential opportunities in emerging markets, offering investors transparency, efficiency, and results.

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