Toll Brothers Campus Living Opens 204-Unit Aperture Student Apartment Community Near The University of Central Florida Campus

ORLANDO, FL – Toll Brothers Campus Living, a division of Toll Brothers, Inc. (NYSE: TOL), the nation s leading builder of luxury homes, and joint venture partner The Davis Companies announced the opening of Aperture, an elevated student apartment community in Orlando, Florida. Strategically located near the University of Central Florida campus, Aperture offers 204 apartment homes totaling 680 beds. The community welcomed its first residents in August 2025.
Aperture s apartment homes are available in a mix of studio, one-, two-, and four-bedroom floor plans. Each residence is fully furnished and thoughtfully designed to meet the needs of modern students. The kitchen and living area features include quartz countertops, energy efficient stainless-steel appliances, full-size washers and dryers, soft vegan leather couches and sectionals, and 58 smart TVs. Each bedroom includes a full XL mattress, an oversized closet, and a bathroom with LED backlit mirror. The apartment homes are equipped with smart home technology, including electronic app-enabled apartment and bedroom locks and USB charging ports. Select residences also include balconies.
We re thrilled to open Aperture, our second Toll Brothers Campus Living community in Florida, said Richard Keyser, Vice President of Acquisitions and Development for Toll Brothers Campus Living. With thoughtfully designed residences and immersive amenity spaces, we re proud to offer a community that helps students thrive academically, socially, and personally.
Aperture s amenity offerings were designed to enhance both the college lifestyle and productivity. The community features a resort-style pool with a tanning shelf and a mini Jumbotron for outdoor viewing. The two-tale fitness center includes cardio and strength equipment, an Echelon Reflect fitness mirror, and an outdoor turf area. Residents will find tech-equipped study lounges on every floor to accommodate various work styles, including private and group workspaces, in addition to a computer lounge with printing. Residents can gather with friends in the coffee house, the e-sports gaming lounge, the courtyard with firepits and grills, and the game lounge that features billiards, shuffleboard, and ping pong. Additional amenities include a gated dog park, secure garage parking, a private shuttle to and from campus, and community-wide Wi-Fi.
Aperture reflects our dedication to developing exceptional student communities, said John McCullough, President of Toll Brothers Apartment Living, the multifamily division of Toll Brothers which oversees its Campus Living division. We designed Aperture to support today s students, whose success is rooted in well-being, connection, and convenience, and we re pleased to offer this unparalleled living experience to students at UCF.
Located 12727 East Colonial Drive in Orlando, Aperture is a less than 10-minute drive from the University of Central Florida, offering flexibility between on-campus and off-campus life. The community is within a 30-minute drive from downtown Orlando and Orlando International Airport, making it a convenient hub for students balancing academics, recreation, and travel.
Aperture adds to Toll Brothers Campus Living s growing portfolio, which includes The 87 at the University of Notre Dame, Kinetic at the Georgia Institute of Technology, and Lapis at Florida International University. In addition, the company previously developed The Yards at Ancient State at The Pennsylvania State University, which sold in 2024; Canvas at Arizona State University, which sold in 2023; and Terrapin Row at the University of Maryland, which sold in 2017.

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The NRP Group Breaks Ground on 348-Unit Eastfield Village Apartment Community Near Major Job Centers in Selma, North Carolina

JOHNSTON COUNTY, NC -The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of Eastfield Village in Selma, North Carolina. The 348-unit community marks The NRP Group s first project in Johnston County and will help meet the growing demand for quality, premium living spaces with curated amenities in North Carolina s fastest-growing submarket.
Eastfield Village is designed for the hard-working people who are powering Johnston County s tremendous growth, said Owen Langston, Vice President of Development at The NRP Group. As the first new large-scale multifamily community of its kind here in many years, it will fill an vital gap in the housing market. Local residents will have a high-quality option close to major employers, reducing long commutes and making more time for family, community and opportunity. Through the Eastfield master plot and the efforts of our partners, we are introducing modern housing choices that complement the area s momentum and set the stage for smart, long-term growth.
The development is strategically positioned within Eastfield, a 435-acre mixed-use master-plotted community in the heart of Selma. Led by AdVenture Development, Eastfield comprises a 3 million-square-foot business park, medical and retail space to include a Regional Target and BJ s Wholesale Club, three hotels, a variety of housing options including senior and workforce housing and entertainment amenities.
“This marks an vital milestone in our master-plotted development, bringing the multifamily residential component of Eastfield to fruition, said Kevin Dougherty, President of AdVenture Development. We welcome The NRP Group to Johnston County and we look forward to welcoming all our new residents to live, work and play at Eastfield.”
Located at 131 Eastfield Village Court, Eastfield Village comprises one-, two- and three-bedroom floor plans across 12 three-tale garden-style buildings. Its prime location provides immediate access to Interstate 95 and U.S. Highway 70, connecting residents to the Research Triangle region. The area is anchored by Raleigh, Durham and Chapel Hill, and serves as a gateway to major business corridors along the East Coast. The community is minutes from Johnston County s largest employers, including Novo Nordisk, Grifols, Johnston Regional Airport, UNC Health Johnston Hospital, Caterpillar, Amazon, Sysco, Crystal Window and Door Systems and Veetee Foods. Residents are also close to ample retail, dining and entertainment options, including Ancient North State Food Hall and national restaurant brands such as Panda Express, which is currently under construction.
Eastfield Village is designed for working professionals and growing families, with in-unit layouts that include open-concept kitchens, dedicated dining areas and modern finishes. Residents will delight in an amenity package designed for everyday convenience and recreation, including a resort-style pool with a sundeck, landscaped courtyard, pickleball court, shuffleboard area, fitness center, co-working and business lounge and multiple indoor and outdoor gathering spaces. A dedicated dog park and pet wash station will cater to animal lovers, while walking paths and green spaces will connect residents to the broader Eastfield master plot, which will feature trails for walking, jogging and cycling, fostering a vibrant and connected environment that supports both residents and local businesses.
Eastfield Village broke ground in August and construction is currently underway. Initial occupancy is expected in late 2026, with full completion targeted for Q4 2027.

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Urban Catalyst Breaks Ground on 278-Unit Aquino Luxury Multifamily Development in Downtown West San Jose’s Tech Region

SAN JOSE, CA – Urban Catalyst proudly celebrated the groundbreaking of Aquino, a 278-unit high-end multifamily development located at 498 W. San Carlos Street in Downtown West San Jose. Downtown San Jose has seen some of the highest rent growths in the nation, yet limited new market-rate multifamily building starts have occurred in the area over the past two years, making Aquino a critical addition to the city’s housing supply.
Aquino is among the first major projects to advance under San Jose’s Multifamily Housing Incentive Program, which the City Council approved in December to spur housing production. The program provides eligible developments with fee and tax incentives, offering a much-needed boost to housing creation in a region where costs and regulations have stalled new construction.
By leveraging this legislation, Urban Catalyst was able to go Aquino forward at a time when many projects have remained on hold, underscoring how targeted policy can unlock housing in one of the most expensive markets in the country.
Designed to meet the evolving needs of the region’s tech workforce, Aquino offers luxury living within walking distance of Zoom HQ, Adobe HQ, Diridon Train Station, and major transit corridors including I-280 and I-87.
Its amenities include a large interior courtyard surrounded by a fitness center, co-working space, dog walk area, yoga room, sauna lounge, communal kitchen, and an exclusive penthouse lounge with a balcony patio on the 8th floor, providing residents with a modern, connected, and vibrant living experience.
The project is being realized through a collaborative effort with BDE Architecture, Swenson Builders, Gemini Capital, Redpoint Capital Advisors, and Beach Point Capital providing critical construction financing.
“Breaking ground on Aquino is a testament to the resilience and dedication of our team,” said Erik Hayden, Founder of Urban Catalyst. “We are especially grateful to Beach Point Capital for their partnership and support in bringing this project to life. With rent growth at historic highs and no new market-rate multifamily developments in downtown San Jose in the past two years, delivering high-quality housing is both challenging and essential. Aquino represents our commitment to building communities where people can live, work, and thrive.”
The groundbreaking ceremony, held on September 3rd, marked the official start of site demolition and the first steps toward bringing Aquino to life. Local leaders, advocates for downtown San Jose, project partners, and members of the Urban Catalyst team were all in attendance to celebrate the milestone.
Even San Jose Mayor Matt Mahan joined in, swinging a sledgehammer to kick off demolition, a moment that underscored the city’s commitment to smart infill development and the urgency of addressing Silicon Valley’s housing shortage.
Mahan emphasized that Aquino is exactly the type of development the City Council envisioned when launching the multifamily incentive program last year.
“I reckon our council has gotten the message that we desperately need housing, that our fees and our processes and all the bureaucracy and layers we’ve made in California have been a huge part of the reason that Austin’s building and we aren’t, or the reason that in Denver you can build the same apartment for less than half the cost of building it here,” Mahan said at the event. “We’re changing the culture in California starting right here in San Jose because we’re the engine of innovation, and we’re willing to admit when the things we’re doing aren’t working. We’ve got to do something different.”

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