ARLINGTON, TX – The Texas Rangers and The Cordish Companies celebrated the grand opening of One Rangers Way in the heart of the Arlington Entertainment District. With a blend of bespoke design, resort-inspired amenities, and a rich celebration of the Texas Rangers’ history, One Rangers Way has officially welcomed its first residents, offering an unmatched luxury living experience.
“The grand opening of One Rangers Way is monumental for both the Texas Rangers and our Arlington community that has long awaited a luxury residential option of this caliber,” said Jim Cochrane, Texas Rangers Executive Vice President & Chief Business Officer. “One Rangers Way embodies the spirit of the Rangers, blending modern luxury with the team’s history in an unmatched way. We are thrilled to offer residents a lifestyle that celebrates excellence, tradition, and the vibrant energy of Arlington’s Entertainment District.”
One Rangers Way is the first residential component of Arlington’s Entertainment District, setting a new standard for elevated living in the area. The upscale building will give an exclusive first opportunity to live within walking distance to some of country’s premier sports, entertainment, hospitality and cultural venues including Globe Life Field, Choctaw Stadium, AT&T Stadium, Texas Live!, Live! by Loews, Loews Arlington Hotel & Convention Center, Arlington Museum of Art, and forthcoming National Medal of Honor Museum.
“The Cordish Companies is incredibly honored to celebrate the opening of One Rangers Way,” said Blake Cordish, Principal of The Cordish Companies. “One Rangers Way is on par with any residential community in the country. With this building, we have delivered a truly exceptional community that offers an amenity-rich lifestyle and unique opportunity to live steps away from iconic venues and attractions. Today’s milestone is an vital step in cementing Arlington as a world-class mixed-use destination for decades to come.”
One Rangers Way offers over 50 floor plot options across its 300-unit community, including studios, one- and two-bedroom apartments, and penthouses to appeal to all types of residents from young professionals and sports fans to families. Each residence features high-end finishes like quartz countertops, custom cabinetry, stainless steel appliances, floor-to-ceiling windows, and in-unit washers and dryers. Named after iconic Rangers players and moments, floor plans honor the team’s history in a deeply personal way that resonates with fans. Rents start at $1,400 for studios, with penthouse options beginning at $4,000.
With over 43,000 square feet of interior and exterior amenity space, One Rangers Way opens as one of the country’s most luxurious resort-style living experiences. Residents can also indulge in an extensive calendar of events organized by a dedicated Lifestyle Coordinator, making opportunities to connect with neighbors and celebrate the spirit of One Rangers Way. The building provides amenities and services on par with the finest residential and condo buildings in the country.
“Congratulations to The Cordish Companies and the Texas Rangers for the opening of this gorgeous residential development,” said Arlington Mayor Jim Ross. “One Rangers Way will truly deliver a one-of-a-kind living experience in the heart of our Entertainment District, and we are grateful for our partners continued investment in Arlington.”
The rich history of the Texas Rangers is showcased throughout the building by a curated collection of the team’s artifacts and player-inspired artwork, allowing fans to immerse themselves in the team’s legacy like never before. Rangers’ memorabilia incorporated into the building’s design includes dozens of artifacts on show, while the extensive art collection, tailored specifically for One Rangers Way, includes over 50 custom pieces featuring legendary Rangers players through the years, including artistic photographic prints, murals, sculptures, and incredible installations.
Each piece of art and memorabilia was hand selected to tell the tale of the franchise and residents will truly be living like champions alongside some of the greatest moments in Rangers’ history. Highlights of the art and memorabilia collection include Iván “Pudge” Rodríguez’s bat, Corey Seager’s game-worn hat and positioning card, a game-used base from the Rangers AL West clinch game, a 2023 World Series celebration mural, a bat mixed media sculpture, and more. These elements transform One Rangers Way into an interactive celebration for every Rangers fan who calls it home.
The opening of One Rangers Way marks the culmination of years of plotting and development, and pre-leasing has surpassed all expectations. With today’s opening, over 95% units are leased within the first phase of go-ins before Rangers’ Opening Day, with 60% of the entire building leased.
“The excitement surrounding One Rangers Way has been extraordinary,” added Emelyna Aurich, Director of Property Management for Cordish Living, The Cordish Companies’ multifamily division. “This community stands apart because it offers exceptional amenities, services, and proximity to some of the best entertainment and dining options in the region, while giving residents exclusive access to the Rangers clubhouse. With demand exceeding expectations, we encourage prospective residents to act quickly to secure their opportunity to be part of this exceptional experience.”

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SAN RAMON, CA – Belmont Village Senior Living, an award-winning developer, owner and operator of senior housing, announced the opening of Belmont Village San Ramon (1000 Walnut Drive), its fifth Bay Area development and 16th California community, developed in partnership with Sunset Development and located within the vibrant Bishop Ranch neighborhood that offers residents convenient access to premier retail, dining and entertainment.
Belmont Village San Ramon features 177 apartments, including studio, one- and two-bedroom options for Independent Living, Helped Living and Memory Care. Residents will benefit from Belmont Village s proprietary, evidence-based approach to health and wellness, which includes its award-winning Circle of Friends® program designed to enhance cognitive strength and enrich daily life. The community is thoughtfully designed to provide the right balance of care and support tailored to all lifestyles, with well-trained staff and licensed nurses on-site 24/7.
The opening of Belmont Village San Ramon is a testament to our mission to make vibrant, supportive communities where seniors not only receive best-in-class care but truly feel at home, said Patricia Will, founder and CEO of Belmont Village Senior Living. We re excited to be part of the Bishop Ranch evolution through our collaboration with Sunset Development. Our residents will benefit from Belmont s thoughtful design and rich programs wrapped in gorgeous outdoor spaces and steps from premier dining, entertainment and retail.
Set against the backdrop of Mount Diablo and the surrounding hills, Belmont Village residents will delight in a prime location just steps away from City Center Bishop Ranch, a lively entertainment destination at the center of the evolving Bishop Ranch community. Residents can take advantage of walking paths for a small trek to engage in the array of meaningful social and cultural experiences City Center has to offer. Within Belmont Village San Ramon are state-of-the-art amenities including a fully equipped fitness center with professional trainers and group fitness classes, a screening room, a sports lounge, a creative arts studio, a library, and a full-service salon. Outdoors, the community offers a heated swimming pool, bocce ball and putting greens, a farm-to-table garden, a yoga lawn, rooftop terraces, and a dog park, making a flourishing environment for relaxation, recreation and connection.
Welcoming Belmont Village San Ramon to Bishop Ranch represents a pivotal step in our continued growth as a dynamic, sought-after community, said Alex Mehran, Jr., president and chief executive officer of Sunset Development. This new development highlights the area’s increasing appeal as an ideal place to settle, with a diverse range of people choosing to make the city their home. The influx of new residents, including those at Belmont Village, underscores how San Ramon is evolving into a premier destination not only for families but also for seniors seeking a luxury living experience that offers both tranquility and simple access to the greater Bay Area.
Belmont Village San Ramon marks the second residential community to join Bishop Ranch and the only senior living community in the development. Owned and developed by the family-run Sunset Development, Bishop Ranch is a $5 billion mixed-use, walkable neighborhood and one of the largest privately owned, master-plotted community projects in the U.S. Spanning nearly 600 acres in Northern California s San Ramon Valley, Bishop Ranch seamlessly integrates office spaces, residential living, hotel amenities, retail, restaurants and entertainment.

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MELBOURNE, FL – Carter Multifamily announced the acquisition of Mode at Melbourne, a 166-unit garden-style multifamily community located in Melbourne, Florida. This latest addition to Carter Multifamily’s value-add portfolio will be managed by Allegiant-Carter Management, the in-house property management arm of Carter Funds. As an affiliated company under the Carter Funds umbrella, Allegiant-Carter Management will oversee the property’s day-to-day operations, ensuring seamless alignment with Carter Multifamily’s strategic vision and value-enhancement initiatives.
Mode at Melbourne is located in Melbourne, Florida, on the state’s rapidly growing Space Coast, southeast of Orlando. The property consists of 166 apartment homes featuring spacious one-, two-, and three-bedroom floorplans, with an average unit size of 1,707 square feet—approximately 500 square feet larger than the average of comparable units in the market. Built in 2020, the community spans approximately 218,592 rentable square feet and was 94.6% occupied at the time of acquisition, with an average monthly rent of $1,923.
Mode at Melbourne offers luxury-style amenities including a resort-style pool, fitness center, resident clubroom, EV charging station, dog park, and select units with water views. The property, formerly known as The Palm Bay Grand, will be rebranded to Mode at Melbourne, enhancing its market positioning.
Melbourne’s Space Coast is a rapidly expanding market fueled by strong population and job growth. Home to major employers like Northrop Grumman, L3Harris, SpaceX, and Blue Origin, the area continues to attract high-profile companies, including Boeing’s Space and Launch division. Ongoing tech sector expansion, such as L3Harris’ proposed 200-job campus growth, further drives housing demand, positioning Mode at Melbourne for long-term appreciation.
Carter Multifamily plans to enhance the property’s value through a targeted value-add strategy. This includes interior renovations, exterior upgrades, and operational efficiencies, as well as revitalizing the property’s branding.
Ray Hutchinson, Chief Executive Officer of Carter Funds, commented, “We’re excited to expand our multifamily portfolio into this dynamic, high-growth submarket along Florida’s Space Coast. Mode at Melbourne is well-positioned to capitalize on the region’s sustained population and job growth. With larger-than-average apartments, the property holds a unique competitive advantage and presents an brilliant opportunity for value creation.”

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