SARASOTA, FL – Wolfson BTR, Florida s first large-scale Build-to-Rent (BTR) developer, announced it has officially broken ground on Symphony Lakes, a fully-amenitized 274-unit Build-to-Rent community located strategically between the Sarasota / Bradenton and Tampa / St. Petersburg metropolitan areas.
Spread across approximately 50 acres, Symphony Lakes is a two-phase development featuring 3- and 4-bedroom townhomes and 4-bedroom detached single-family homes, each with private backyards and attached garages. Phase I will deliver 220 townhomes and 18 single-family homes, while Phase II will bring an additional 54 townhomes to the community.
The project will offer a full suite of lifestyle amenities, including a resident clubhouse, fitness center, resort-style pool, playground, meeting spaces, and extensive dog-walking and running trails—all designed to meet the evolving needs of today s renters who seek more space, privacy, and a higher standard of living.
Symphony Lakes represents our continued commitment to bringing thoughtful, community-driven Build-to-Rent projects to markets that desperately need quality housing options, said Adam Wolfson, CEO and Founder at Wolfson BTR. We are focused on delivering homes and communities that provide a bridge for those who are not yet ready for homeownership but seek a living experience beyond that of traditional multifamily apartments inclusive of more space, privacy, and community connection
Site work formally started in October 2024, with vertical construction scheduled to commence in August 2025. The first units are expected to be delivered beginning in early 2026.
Situated within a three-minute drive of I-275, Symphony Lakes offers residents simple connectivity to major employment hubs, retail, dining, and coastal amenities in both the Tampa Bay and Sarasota regions.

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NORFOLK, VA – The Port at East Beach, a premier waterfront multifamily community, has successfully completed its initial lease-up in less than eight months, exceeding expectations despite construction delays. Professionally managed and leased by Drucker + Falk, this achievement underscores the team’s ability to navigate challenges in a highly competitive market.
This newly constructed apartment community offers a sophisticated living experience with one-, two-, and three-bedroom floor plans featuring high-end apartment interior finishes and stunning water views. Residents delight in exceptional amenities including a resort-style pool, convenient grilling areas, and inviting lounge spaces with incredible water vistas.
The resident clubhouse provides a perfect gathering spot, complemented by a convenient parking garage, smart apartment locks for modern living, and a secure package room. Adding to its unique appeal, the community features the newly renovated The Port at East Beach Marina, offering over 100 wet docking slips up to 60 feet in length that start at $270 per month. The onsite restaurant, Longboards, further enhances the vibrant lifestyle available right at home to this distinctive community’s residents.
Deidre Brown, Director of Multifamily Management at Drucker + Falk, shared, “I am thrilled that DF could complete this record-breaking lease-up in a highly competitive market, all while providing outstanding customer service. This is just another example of our ability to successfully lease-up a Class A Multifamily project with owners’ goals at the forefront of everything we do.”
The rapid lease-up of The Port at East Beach further solidifies Drucker + Falk’s reputation as a leader in multifamily property management, consistently delivering results and making exceptional communities.

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LAC DU FLAMBEAU, WI – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a grand opening ceremony for Forest Edge Apartments, a 40-unit, townhouse-style affordable housing development in Lac du Flambeau.
“We are proud to partner with Cinnaire Solutions and Wisconsin Management Company to bring high-quality, affordable housing to the heart of the Wisconsin Northwoods,” said Kevin McDonell, LAC Vice President and Regional Project Partner. “Forest Edge Apartments will support the local economy by giving workers and families a place to call home.”
Forest Edge Apartments features a mix of two- and three-bedroom homes with energy-efficient appliances, large closets, and complimentary internet packages for residents. The majority of units will be leased to those earning between 30 and 60% of the area median income (AMI), with 8 units reserved for residents with disabilities via Section 811 Housing Vouchers. Communal amenities include a fitness center, community room, business and meeting center, and a parcel room for package delivery. A significant part of the property’s energy consumption will be offset by solar panels installed on each building.
The development was made possible through a partnership between LAC, Cinnaire Solutions, Quasar Development Group, and Wisconsin Management Company (WMC), with financing help from the Wisconsin Housing and Economic Development Authority (WHEDA), the Federal Home Loan Bank of Chicago, the Wisconsin Department of Administration, Cinnaire Lending, the Couillard Solar Foundation, Focus on Energy, and an Energy Innovation Grant.

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