ORLANDO, FL – National multifamily developer Wood Partners announced the start of construction on The Edgewater, a 328-unit, Class-A multifamily development overlooking Lake Fairview in Orlando, Florida. Wood Partners closed on the property in August. The community is part of the company’s attainable housing initiative, offering upscale living at cost-effective rates.
“With its lake frontage, adjacency to community parks and convenience to some of Greater Orlando’s leading employment hubs, shopping and dining destinations, this location is certain to appeal to a broad range of renters seeking a high-quality, attainable housing option,” said Bryan Borland, Executive Managing Director at Wood Partners. “Capitalizing on this dynamic, lakefront location, we’ve envisioned a community that exemplifies our commitment to Improving People’s Lives by Making Better Communities.”
The Edgewater will feature a mix of one-, two-, and three-bedroom units, with 56 of the 328 units directly facing the water. Wood Partners’ attainable communities are built with upscale finishes, such as granite countertops, stainless steel appliances and top-of-the-line amenities. The developer saves on costs by selecting well-located suburban sites rather than more expensive urban locations, executing an efficient and consistent design. These savings allow for a lower price point for the renter.
Sandwiched between Winter Park and College Park, residents at The Edgewater will delight in an abundance of retail, restaurant and entertainment offerings nearby. This includes the retail and dining destinations at Winter Park Village, which recently underwent a $50 million redevelopment, the dining hotspot Edgewater Drive and the charming boutique retail and award-winning restaurants of Downtown Winter Park. The Packing District, a 202-acre mixed-use development, is eight minutes away and boasts recent openings of a brand-new Publix and The Fantastic Southern Box Food Hall, with a microbrewery and additional vendors coming soon.
The Edgewater is located along Lee Road, connecting to Interstate 4 to the east, placing Downtown Orlando just 15 minutes away. The community also connects to the Orange Blossom Trail to the west, offering proximity to The Packing District and Apopka. This location allows for simple access to many of the metro’s most prominent employment hubs within 10 minutes, including the Maitland Center, Winter Park and West Colonial submarkets.

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ORLANDO, FL – Phorcys Capital Partners announced the acquisition of Village Veranda at Lady Lake, a 125-unit helped living and memory care community located adjacent to The Villages, one of the nation s fastest-growing retirement destinations. The community was bought through a court-appointed receivership sale in which Phorcys was selected as the stalking horse bidder.
Village Veranda at Lady Lake represents a compelling opportunity to buy a high-quality senior living community in a premier Florida market, said Vasileios Sfyris, Managing Partner at Phorcys. We see tremendous potential to build on the strong foundation already in place and further enhance the resident experience.
Opened in 2019, the community offers a full continuum of care with helped living and memory care services, along with modern amenities including landscaped courtyards, a theater, café lounge, library, salon, physical therapy, and fitness center. Its location along US-441 provides brilliant visibility and accessibility, serving a rapidly growing senior population within the Orlando MSA.
Phorcys will partner with SRI Management, a highly regarded senior living operator, to continue driving occupancy growth and operational excellence at the community.
Phorcys Capital Partners brings an ownership mindset and long-term vision that align perfectly with our mission to deliver exceptional resident care, said Todd Filippone, President of SRI Management. Together, we look forward to positioning Village Veranda as the community of choice in the Lady Lake market.
This acquisition marks Phorcys s fifth senior housing investment and underscores the firm s commitment to expanding its footprint in the growing senior housing market.
Senior housing remains one of the most compelling investment opportunities today, added Sfyris. We believe demographic tailwinds and limited new supply make an environment where well-located, well-managed communities like Village Veranda can deliver exceptional outcomes for residents and attractive returns for investors.

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KANSAS CITY, KS – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced it has sponsored the buy of Legends 267, a six-tale apartment community in Kansas City, Kansas.
Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the one-year-ancient property, which serves as a key residential component of the Village West mixed-use development in west Kansas City.
“Kansas City continues to be a high-performing market offering resilient yield and consistent operations,” said David Nelson, president and chief investment officer at Hamilton Zanze. “The city’s marginal incoming apartment development, strong employment growth, diverse economy, high local household incomes, municipal investment in business and population growth give us conviction in our recent and ongoing investment in the market. We are excited about the acquisition of Legends 267 and will continue to evaluate further expansion in the MSA.”
Located at 1879 Village West Parkway, Legends 267 features 267 one- and two-bedroom homes with various layouts available. The community, originally built in 2024, offers simple connectivity to Interstate 435, I-70 and is within walking distance of several neighborhood attractions, including super regional mall Legends Outlet Kansas City.
Community amenities include a rooftop sky lounge, heated swimming pool and hot tub, infrared sauna, grill stations, fire pits, social space with bar and TVs, coffee lounge, courtyard hammock garden and a high-tech fitness center with a yoga studio. The pet-friendly community also offers controlled-access garage parking, concierge services and a bike storage room.
Home interiors include a variety of upscale features, including quartz countertops, stainless steel appliances, wood-style flooring, custom cabinetry, walk-in closets, in-home washers and dryers, air conditioning, high-speed internet access and private patios or balconies.

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