ANN ARBOR, MI – Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, announced the delivery of The Legacy at Ann Arbor, a new, 521-bed student housing community at 616 E. Washington Street in Ann Arbor, MI.
Developed in a joint venture with Cerca Trova and designed by ESG Architecture & Design, The Legacy at Ann Arbor is comprised of two interconnected buildings – a 19-tale high-rise and mid-rise structure attached to the historic Michigan Theater. Landmark Construction served as the project’s general contractor. The Legacy at Ann Arbor is fully leased ahead of the 2025-2026 school year.
“We’re confident that this incredible project will exceed the expectations of our new residents who started moving in on August 1st,” said Jason Doornbos, Chief Development Officer at Landmark Properties. “Congratulations to our Landmark Construction team and vendor partners on bringing this project online well ahead of the academic year.”
The Legacy at Ann Arbor offers residents a mix of studios to five-bedroom apartments across 253 units. Well-appointed apartments come fully furnished and wired for high-speed internet and cable. Each unit features stainless-steel appliances, quartz countertops, hardwood-style floors, and in-unit laundry.
The development contains more than 9,700 square feet of amenities, including a rooftop pool deck and resident clubroom with outdoor grilling, a gaming lawn and firepit seating area, a comfortable academic lounge, fitness center and bike storage. The Legacy at Ann Arbor also has 4,150 square feet of ground-floor retail space and on-site gated resident parking. The building is immediately adjacent to the University of Michigan campus and a number of dining, entertainment and retail options in the heart of downtown Ann Arbor.
“When it comes to location, The Legacy is second to none,” says Howard Frehsee, principal of Michigan-based Cerca Trova, LLC, who co-developed the project. “The building is a one-minute walk to the Diag (i.e. the center of campus), less than 10 minutes on foot from Main Street and Kerrytown, and a five-minute walk to South University. Its proximity to campus and other well loved attractions not only makes Michigan’s winters more tolerable, but The Legacy’s unparalleled quality, comfort, space, and amenities are deserving of tomorrow’s leaders. Congratulations to our entire Landmark and Cerca Trova teams.”

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ORLANDO, FL – Knightvest Capital, a vertically integrated multifamily investment firm, announced the acquisition of the Cortland Vera Sanford community in Orlando, Florida. This successful close represents the ninth investment in Knightvest’s Fund II, which remains open to new investors through 2025.
Built in 2018, the 332-unit apartment community is located in Sanford, Florida, a high-income suburb of northern Orlando. The property features a unique mix of units, including two-tale townhomes with attached garages. Knightvest plans to renovate the majority of the units and make substantial upgrades to the community’s amenities and common spaces. As part of the renovation efforts, Knightvest has renamed the community to The Walton.
“This acquisition reflects our continued strategy of targeting high-quality, differentiated multifamily assets in growing Sun Belt markets,” said David Moore, Knightvest founder and CEO. “With a steady influx of new residents, strong job creation, and limited new supply driving sustained demand for quality housing, Orlando exemplifies the kind of high-growth Sun Belt market we target. We’re excited to expand our presence in the region and implement our proven strategy at The Walton by elevating a community through thoughtful renovations.”
The property’s low-density footprint and proximity to major employment hubs underscore its appeal in a market where replicating such a product has become increasingly cost-prohibitive. The acquisition extends Knightvest’s footprint in Central Florida, with additional Orlando-area opportunities in the pipeline.

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MIAMI, FL – Olympus Property has expanded into the Miami market with the acquisition of Fifteen, a groundbreaking new 132-unit luxury apartment community located in the city’s prominent Health District—one of the largest medical hubs in the country. This marks Olympus’ first asset in Miami and reflects the firm’s expansion into one of South Florida’s leading employment districts, where consistent demand, population growth, and continued economic investment support long-term multifamily performance.
The acquisition underscores Olympus Property’s commitment to identifying supply-constrained, high-demand submarkets with strong underlying fundamentals for institutional-grade housing. The firm will leverage its vertically integrated operating platform and regional scale to increase operational efficiency, sustained value creation, and compelling long-term returns.
“Olympus has been active in Florida for over a decade, steadily growing our presence across the state’s most dynamic markets,” said Alex Badalian, Director of Investments at Olympus Property. “The acquisition of Fifteen reflects our broader strategy of targeting high-opportunity submarkets within major gateway metros. With South Florida’s continued growth and strong rental fundamentals, we see this as an ideal setting to elevate the resident experience while delivering sustainable, long-term results at this asset.”
Tailored to professionals working in and around the Health District, Fifteen delivers elevated design in a well-connected urban setting. The boutique mid-rise community offers walkable access to world-class healthcare institutions, including the University of Miami Health System, Jackson Memorial Hospital, the Miami VA Medical Center, and the forthcoming Kenneth C. Griffin Cancer Research Center—a 244,000-square-foot, 12-tale facility scheduled to open in 2025. Residents also benefit from proximity to public transit and an array of nearby amenities. With direct connectivity to the Dolphin Expressway (SR 836) and I-95, the property links seamlessly to major commercial destinations such as Downtown Miami, Brickell, Coral Gables, and the Miami River District.
Walker & Dunlop’s Fort Lauderdale investment sales team, including Still Hunter and Kaya Suarez, arranged the transaction. Financing was secured by Craig West and the TeamWest group at Walker & Dunlop.

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