Balfour Beatty Communities Expands Texas Multifamily Portfolio with Acquisition of River Pointe Apartment Community in Conroe

CONROE, TX – Balfour Beatty Communities, a national residential real estate investment and management company, announced the successful acquisition of a premier multifamily community River Pointe, located in Conroe, Texas. Through its affiliates, this is the company s second multifamily property acquisition in the eastern Texas region this year, after purchasing The Leonard located in Denton in February, and aligns with the division s targeted expansion strategy for 2025.
River Pointe is a 300-unit, gated, garden-style community offering high-quality living options in one of Texas fastest-growing areas. The property features a range of apartment configurations, including 1-, 2-, and 3-bedroom units, all designed for maximum comfort and convenience. Spacious layouts include large patios, tall ceilings, walk-in closets, gourmet kitchens, and stainless-steel appliances.
Following the acquisition, a series of enhancements to both the apartment interiors and common areas are plotted for implementation. Located near major employers and retail centers, River Pointe offers residents the perfect balance of comfort, convenience, and connectivity.
We are excited to add River Pointe to our portfolio, said Lisa Dailey, Senior Vice President of Multifamily Acquisitions at Balfour Beatty Communities. This acquisition supports our strategy to grow in strong, key markets and to provide high-quality, well-located housing options that meet the needs of today s residents. River Pointe s prime location and exceptional amenities make it a valuable addition to our multifamily portfolio.”

Powered by WPeMatico

Thompson Thrift Hosts Ribbon Cutting for 276-Unit The Pullman Multifamily Community in Atlanta’s Centrally Located Union City Suburb

ATLANTA, GA – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for The Pullman, a new 276-unit multifamily community in the Atlanta suburb of Union City. The first residents started moving in in March, with construction completion expected at the end of this summer.
“The Pullman reflects our commitment to excellence in design, service, and community impact,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “By blending modern convenience with elevated design, we’re proud to offer a community where residents feel both connected and at home.”
Located at 4660 Derrick Road SW, in Union City’s Holly Brook neighborhood, The Pullman consists of garden-style apartment homes with one-, two- and three-bedroom layouts with private yards and detached garages. The apartment homes feature architectural details and deluxe features and finishes for an elevated luxury living experience including stainless-steel appliances, timeless tile backsplashes, kitchen pantry, designer fixtures and finishes, hardwood-style flooring, patio and balcony options, a full-size washer and dryer, as well as a suite of Alexa-compatible smart home technology. The Pullman also offers Signature Collection apartment homes with upgraded options including premium appliances, a dry bar, deluxe closet system with shelving, walk-in shower with full tile surround and glass doors and premium lighting.
Luxury living continues throughout the gated community with a fully equipped 24-hour fitness center, resort-style heated swimming pool, gas firepits with seating area, community grilling areas, pickleball court, 24-hour social hub, private focus suites, dog park and pet spa, billiards, and more.
Residents of The Pullman delight in a small commute to Atlanta and simple access to major employers in the area, including Amazon, Chick-fil-A headquarters, Coca-Cola, as well as the Camp Creek Business Center/South Fulton Industrial and Hartsfield-Jackson Atlanta International Airport, one of the world’s busiest and most dynamic airports.
At the ribbon-cutting ceremony, visitors had the opportunity to tour the model and explore the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to the local chapter of Atlanta Mission to aid their efforts in providing customized services to help Atlanta’s more than 10,000 homeless people overcome the cause of their homelessness.
Thompson Thrift is a full-service real estate development company focused on ground-up residential, commercial and mixed-use development across the Midwest, Southeast, and Southwest. Since its founding nearly 40 years ago, Thompson Thrift has invested more than $6 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily communities and commercial projects.

Powered by WPeMatico

Toll Brothers Apartment Living and CrossHarbor Capital Partners Open 501-Unit Vermeer Luxury Apartment Community in Washington, D.C.

WASHINGTON, DC – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers (NYSE: TOL), the nation’s leading builder of luxury homes, in partnership with CrossHarbor Capital Partners, announced the grand opening of Vermeer, a 13-tale luxury apartment community in Washington, D.C. s Buzzard Point neighborhood. Located at 113 Potomac Avenue SW, Vermeer offers 501 thoughtfully designed residences and approximately 37,000 square feet of ground-floor retail space.
Construction was financed with a $162.7 million construction loan facility from Bank OZK and started in late 2022. Vermeer welcomed its first residents in December 2024 and celebrated its grand opening in early May with project partners, residents, and guests.
Vermeer reflects our vision for modern urban living: an elevated residential experience that complements the energy and evolution of Buzzard Point, said John McCullough, President of Toll Brothers Apartment Living. With its sophisticated design, extensive amenities, and unbeatable views of Washington, D.C. and the riverfront, this community delivers the style, substance, and walkability that today s urban renter demands.
Designed by KTGY, Vermeer features a mix of one-, two-, and three-bedroom apartment homes. Each residence is replete with premium finishes, including quartz countertops with tile backsplashes, stainless steel appliances, modern flat-panel cabinetry, oversized closets with built-in storage, and smart home features including app-enabled keyless entry and smart thermostats. Select residences also offer private balconies or terraces with sweeping views of Washington, D.C. including Audi Field and the Potomac and Anacostia Rivers.
The community amenities are curated to enhance residents’ lifestyles, featuring a rooftop pool with expansive sundeck, a fitness center and hydration bar, multiple elevated courtyards with firepits and grilling stations, and a game lounge with billiards and a poker table. Additional amenities include a grand lobby with concierge, a private dining room, multiple coworking spaces, and a pet spa. Throughout the community, residents can delight in views of Washington, D.C., including near 360-degree views from the rooftop of the Capitol Building, Audi Field, Nationals Park, the Anacostia and Potomac Rivers, and the Frederick Douglass Memorial Bridge.
Vermeer s refined design, paired with its exceptional location adjacent to Audi Field, makes the community an unparalleled destination in this rapidly growing neighborhood, said Michael Skena, Managing Director of Toll Brothers Apartment Living in the Mid-Atlantic region. From its dynamic street-level retail to its rooftop amenities, Vermeer offers residents the rare opportunity to live where elevated urban living and convenience intersect.
Vermeer provides residents with simple access to the Capitol Riverfront, with walkability to Audi Field, Nationals Park, The Wharf, and the Navy Yard-Ballpark Metro station. The community s first retail tenant, a 19,000+ square-foot Gold s Gym location, is set to open this fall.
Vermeer is Toll Brothers Apartment Living s fourth multifamily community in Washington, D.C., and second mixed-use development in the District after Union Place in the NoMa neighborhood.

Powered by WPeMatico