Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Amavi Aster Ridge, a single-family build-to-rent community that closely borders the thriving Anthem neighborhood of North Phoenix.
Amavi Aster Ridge offers a mix of 177 two- and three-bedroom townhomes and represents Mill Creek’s first single-family build-to-rent community within the Phoenix area. First move-ins are anticipated for March.
“As the North Phoenix/Anthem area emerges as a key employment hub, demand for quality housing continues to rise,” said Sam Griffin, vice president of land acquisition for Mill Creek’s Southwest Region. “Amavi Aster Ridge represents the lone professionally managed townhome community in the immediate area, and we look forward to welcoming our first residents to their new homes. With attached garages and private backyards, Amavi Aster Ridge represents a traditional townhome product and is positioned to offer a genuinely comfortable living experience.”
Located at 4285 W. Denali Lane, Amavi Aster Ridge is a gated community that sits adjacent to Anthem, an award-winning master-planned community notable for its high-desert backdrop, excellent school district and vast contingent of retail, dining and recreational outlets. The community also is positioned within 15 minutes of the Taiwan Semiconductor campus, a $40 billion facility that will anchor the growing employment sector in the Anthem/Deer Valley area. Interstate 17 and Anthem Way are easily accessible from the community, along with several parks, lakes and nature preserves.
Each home at Amavi Aster Ridge features attached front-loaded garages and fenced private backyards. The community’s two-bedroom townhomes range from approximately 1,300 to 1,450 square feet while the 25 three-bedroom homes measure approximately 1,500 square feet.
Community amenities consist of a clubhouse/leasing office, resort-style swimming pool, onsite park with playground, fitness studio and open green spaces. The community also features modern streetscapes and aesthetically manicured common areas. Home interiors include stainless steel appliances, wood plank-style flooring, nine-foot ceilings, granite countertops, tile backsplashes, smart thermostats, controlled guest-access technology, ceiling fans and in-home washers and dryers.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has been named as one of the Elite 5 Multifamily Companies by the Kingsley Excellence Awards program for the second consecutive year.
Mill Creek was recognized in the Tier II category (based upon portfolio size) for receiving high satisfaction marks on Kingsley’s resident surveys. Additionally, 10 Mill Creek communities were included in Kingsley’s Top 100 Multifamily Properties for 2023. Modera Cherry Creek, based in Denver, achieved the highest ranking at No. 29.
“We are honored and extremely grateful to receive this esteemed recognition from Kingsley,” said Bill MacDonald, chairman, CEO and president of Mill Creek Residential. “High customer satisfaction levels are driven by the thoughtful design of our communities and the customer-centric atmosphere created by onsite teams—and these awards directly reflect their efforts. We know our development, construction and community teams will continue to pursue innovative ways to cultivate a best-in-class living environment throughout the customer journey.”
Kingsley Top 100 and Elite 5 winners must exceed Grace Hill’s Kingsley Index for overall satisfaction in the prior year. Kingsley analyzes more than 7 million prospect and resident surveys from more than 100 property management companies annually, and its index is considered the industry's most comprehensive performance benchmarking database.
Following Modera Cherry Creek on the Top 100 Multifamily Properties list were four additional communities in the top 50: Modera Woodbridge (Woodbridge, N.J.) at No. 30; Modera Needham (Needham, Mass.) at No. 33; Modera Coral Springs (Pompano Beach, Fla.) at No. 39; and Modera Frisco Square (Frisco, Texas) at No. 45.
Also appearing on the Top 100 list were Modera Overlake (Redmond, Wash.) at No. 51; Alister Morristown (Morristown, N.J.) at No. 69; Modera Berkeley Heights (Berkeley Heights, N.J.) at No. 70; Alister Deco (Quincy, Mass.) at No. 79; and Modera Glendale (Glendale, Calif.) at No. 98.
“We had one community place in the Top 100 last year, so increasing that number to 10 underscores the exceptional performance of our onsite associates across the nation,” said Stephen Prochnow, executive vice president of property management for Mill Creek Residential. “We are once again honored to receive the recognition and look forward to continuing to exceed customer expectations.”
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Montville, a luxury apartment community in northern New Jersey about 35 miles west of New York City.
The commuter-friendly community, which features 295 contemporary apartment homes, is positioned just north of Interstate 80 and Route 46, offering residents access to the region’s major employment centers. Modera Montville is a key component of a redeveloping office park and premier employment center. First move-ins are anticipated for January.
“Montville continues to become a target destination for renters who desire commuter-friendly access to NYC, but more of an even-paced suburban living experience,” said Russell Tepper, senior managing director of development for Mill Creek Residential. “We believe the prime location of the community, combined with the accessibility to many of the area’s key thoroughfares, will make it a top-of-market option. We’re excited to welcome residents to their new home.”
Situated at 340 Changebridge Road in Montville, the podium-style community borders several additional thriving municipalities, including Parsippany, East Hanover, West Caldwell and Fairfield. Among the area’s key employers are Atlantic Health Systems, Picatinny Arsenal and multinational pharmaceutical company Novartis. Residents also are surrounded by the vast dining and retail options contained within Morris County.
Modera Montville offers one-, two- and three-bedroom apartment homes with select lofts and den layouts. Community amenities consist of a clubroom, resident lounge, club-quality fitness center, co-working space with individual working pods and a larger conference room, coffee bar, game room, rooftop deck and interior landscaped courtyards with outdoor grills and a fire pit. The community will also offer controlled-access garage parking, electric car charging, dedicated bike storage and additional storage options.
Apartment interiors include nine-foot ceilings, wood-style flooring, modern kitchens with energy-efficient stainless-steel appliances, quartz countertops, custom cabinetry, smart thermostats, walk-in closets and in-home washers and dryers. Bathrooms include tile shower surrounds, double vanities and linen closets.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Georgetown, a garden-style community located in one of the fastest-growing cities in the U.S.
Situated approximately 25 miles north of downtown Austin, Modera Georgetown features 318 apartment homes and is part of Highland Village, a master-planned community that also includes single-family homes, commercial development, a three-acre park and a recreational trail system. First move-ins are anticipated for February.
“Georgetown continues to become one of the fastest growing and most desirable locales across the Austin region with its small-town vibe, charm and conveniences,” said Matthew Bunch, managing director of development in Austin for Mill Creek Residential. “As the area becomes a more popular living destination, demand for quality housing has followed suit. We're eager to help address that demand by offering a refined living experience in a comfortable location not far removed from the thriving employment and entertainment districts of the city.”
Located at 29600 Ronald Reagan Boulevard, Modera Georgetown features a modern farmhouse architectural design, high-end interior finishes and deluxe amenities. Interstate 35, SH-130 and SH-195 are within a short drive of the community and provide connectivity to the greater Austin metro area to the south and the Killeen/Fort Cavazos (formerly Fort Hood) area to the north.
Residents also can easily access Georgetown’s historic town square and surrounding area, which is home to a bevy of restaurants, craft breweries, entertainment venues and cultural attractions. The community also sits within four miles of popular Lake Georgetown, within one mile of the emerging Parmer Ranch master-planned community and is part of the thriving Georgetown Independent School District.
Modera Georgetown offers one-, two- and three-bedroom homes with various layouts available and an average size of 914 square feet. Community amenities include a resort-style pool with tanning ledge, grilling area, resident clubhouse with work-from-home spaces and coffee bar, landscaped courtyards shaded by heritage oak trees, pickleball courts, onsite pet park and pet spa, playground, common-area WiFi and a club-quality fitness center with cardio equipment and a yoga/Pilates studio.
Apartment interiors feature nine-foot ceilings, wood plank-style flooring, stainless steel Energy Star appliances, granite countertops, pull-down faucets, tile backsplashes, under-cabinet lighting, in-home washers and dryers and walk-in closets. Bathrooms include soaking tubs and tile surrounds with double vanities in select homes.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced construction is underway at Modera SoBro, a midrise apartment community in the South Broadway (SoBro) district of Downtown Nashville.
Modera SoBro will feature 404 contemporary apartment homes and boasts a prime location within a 10-minute walk of the city’s central business district. The community provides easy connectivity to surrounding neighborhoods such as Pie Town, SoBro, The Gulch and Rutledge Hill. Modera SoBro first broke ground in February and first move-ins are targeted for March 2025.
“SoBro and the surrounding area continues to become a highly sought-after living destination, and we’re eager to join the neighborhood,” said Luca Barber, senior managing director of development in Nashville for Mill Creek Residential. “Given its location, finish level, amenity package, enhanced views and generous home sizes, we believe Modera SoBro is well positioned to stand out amidst the newer rental communities in the market. We’re looking forward to offering a top-of-market experience.”
Situated at 825 6th Avenue South, Modera SoBro is located just north of Interstate 40 and just south of Division Street, two of the city’s key thoroughfares. The community is surrounded by various emerging attractions, such as The South Gulch, SoBro, Bridgestone Arena, Broadway, Fifth & Broad, Ascend Amphitheater and Nashville Yards. Additionally, the recently completed Division Street Extension Bridge links Modera SoBro to the Gulch and includes bike lanes and sidewalks.
Modera SoBro will offer one-, two- and three-bedroom homes with select den layouts and an average size of 921 square feet. That includes 27 rooftop terraces with in-home stairwells. Community amenities will include a resident clubhouse, resort-style pool, landscaped courtyards, rooftop deck, grilling area, outdoor dining, co-working spaces, conference room, private workspaces, pet spa, pool table, shuffleboard and a club-quality fitness center with cardio equipment, Peloton bikes and a yoga/Pilates studio. The community will also offer controlled-access garage parking, 51 parking spaces with EV outlets, bike repair station, dedicated bike storage and additional storage space.
Home interiors will feature nine-foot ceilings, wood plank-style flooring, oversize floor-to-ceiling windows, stainless steel appliances, quartz countertops, tile backsplashes, custom cabinetry, under-cabinet lighting, moveable kitchen islands, walk-in closets, in-home washers and dryers, smart thermostats, smart leak detection, key fob access, controlled-access guest technology and bulk WiFi. Select homes will feature built-in desks. Bathrooms will include tile shower surrounds, with many featuring double vanities and linen closets.
Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Amavi Mooresville, a master-planned community in the northern Charlotte metropolitan area.
The development, originally Amavi Coddle Creek, was the first community to break ground under Mill Creek’s single-family build-to-rent brand. Amavi Mooresville spans 68 acres and offers a mix of 80 single-family townhomes. A second phase will follow and boost the overall home count to 239. First move-ins are anticipated for December.
“We’re thrilled for the opportunity to introduce this unique product type to the northern Charlotte market,” said Willie Morris, senior vice president of land acquisitions for Mill Creek Residential. “The area exhibits strong characteristics for single-family rental demand, and we believe Amavi Mooresville will not only address that demand but serve as a best-in-class option. We look forward to welcoming our initial residents to the community and becoming a part of the neighborhood.”
Situated at 102 Abercorne Way and approximately 30 miles north of Downtown Charlotte, Amavi Mooresville is the first large-scale single-family attached community in the neighborhood and includes six distinct floor plans. The townhome floor plans—each of which offers three bedrooms and two-and-a-half bathrooms—range from 1,452 to 1,911 square feet. The community is accessible via Highway 3, a primary thoroughfare linking Charlotte’s northern and eastern submarkets, and within a short drive of Coddle Creek Highway and Interstate 77, which serve as key arteries to Charlotte’s thriving job centers. That includes University Research Park, home to prominent employers including Lowe’s, Duke Energy, Bank of America, Truist, Wells Fargo, UNCC and Corning Optical.
Community amenities consist of an expansive clubhouse and leasing office, resort-style pool, dedicated driveways with garages wired for EV charging and open green space. The pet-friendly community also features modern streetscapes and aesthetically manicured common areas. Home interiors feature stainless steel appliances, wood plank-style flooring throughout, expansive closets, quartz countertops, large chef’s islands with built-in storage and ceiling fans. Select homes include front porches, fenced-in yards and serene bathrooms with spa-like soaking tubs. Smart home features include Yale smart pin lock entry systems and USB outlets.
