Resia Biscayne Drive is their 23rd multi-family community in South Florida

Resia, the premier attainable housing multifamily developer in the nation held its second ribbon cutting in less than a month with Resia at Biscayne Drive a 216-unit community located at 14155 SW 288th St., Miami, FL 33033.  The community was delivered in a record-breaking eight months, bringing much desirable housing relief to the residents of Miami-Dade County.

Honorary guests included District 9 Miami-Dade Commissioner Kionne L. McGhee and staff, along with Morris Copeland, Chief Community Services Officer with the Office of the Mayor of Miami-Dade County, Naranja Lakes CRA Chair, Kenneth Forbes, and Pedro Gassant, Partner with Holland & Knight who were acknowledged for their contributions in the delivery of this community. 

“We are excited to bring Resia Biscayne Drive to the residents of Miami-Dade County.  Resia continues to empower communities by delivering housing to those who matter most. We are honored to be a partner and we look forward to future collaborations in providing housing opportunities to the residents we serve,” said Alex Ballina, Director of Government Affairs for Resia.

Resia continues to scale its development activities in major markets throughout the Southeast. The company remains committed to the mission of resolving the housing crisis by building quality apartments in growing metros where countless residents are getting priced out by rising rents.

Resia, formerly known as AHS Residential, is an award-winning, vertically integrated real estate company that specializes in developing, building, and managing quality multifamily communities across the United States. Our mission is to deliver exceptional living experiences to the millions of American households currently spending more than half of their income on rent. Resia is a division of MRV&Co (MRVE3:BZ), one of the largest homebuilders in the world. For more information, please visit www.liveresia.com.    

This is one of nine Resia projects currently under construction across the Sunbelt. 

HOUSTON, TEXAS — Resia announces it has closed on construction financing for a 573-unit apartment community located in the city of Houston, Texas. Santander Bank led the senior financing with Valley Bank participating, and Artemis Real Estate Partners provided preferred equity.  The total financing amounted to $96.5 MM for the project, which is one of several brand-new Resia developments as the company continues to develop throughout Texas, Georgia, and Florida.  The project broke ground in the 2^nd quarter of 2022, is expected to begin leasing in the 4^th quarter of 2023, and be fully delivered by 2^nd quarter of 2024.

“We are grateful to our capital partners for their continued commitment to our vision during a volatile time in the capital markets,” said Carlos E. Gonzalez, chief investment officer for Resia.

Located directly across from the Houston Methodist West Hospital, Resia Ten Oaks will deliver 573 units across three 12-story high-rise buildings.  Resia Ten Oaks will offer one-bedroom, two-bedroom, and three-bedroom floor plans.  Apartments will feature modern finishes, stainless steel appliances, and in-unit laundry.  Built with young professionals and families in mind, Resia Ten Oak’s well-designed amenities include assigned parking, a business center, and a multipurpose clubhouse complete with a swimming pool and fitness center.  

Resia is rapidly scaling up its development activities in major markets throughout the Southeast.  The company is on a mission to help solve the U.S. housing crisis by building quality apartments in growing metros where many renters are getting priced out by rising rents.

This is Resia’s Fifth Project in Texas

Resia (formerly known as AHS Residential) announces it has closed on construction financing for a 322-unit apartment community located in the Dallas-Fort Worth area.  Regions Bank provided the construction financing for this project, which is one of several brand-new Resia developments as the company continues to develop throughout Texas. This is Resia’s second multifamily development in the Dallas-Ft. Worth market.  The project broke ground in the first quarter of 2022 and is expected to be delivered in the second quarter of 2023.

“We are grateful to Regions Bank for their partnership on this project, as well as for their continued commitment to supporting our vision as we continue to grow and expand in Texas,” said Carlos E. Gonzalez, chief investment officer for Resia.

Located at 3130 Heritage Trail, the new Resia apartment community will deliver 322 units across two 7-story mid-rise buildings. With one-bedroom, two-bedroom, and three-bedroom floor plans, all apartments will feature modern finishes, stainless steel appliances, and in-unit laundry. Resia communities are built with young professionals and families in mind and include desirable amenities like assigned parking, business center, and a multipurpose clubhouse complete with a swimming pool and fitness center.

Resia is rapidly scaling up its development activities with the goal of delivering 8,000 new apartments annually by 2025.  The company is on a mission to help solve the U.S. housing crisis by building quality apartments in growing metros where many renters are getting priced out by rising rents.

Resia, formerly known as AHS Residential, is an award-winning, vertically integrated real estate company that specializes in developing, building, and managing quality multifamily communities across the United States. Our mission is to deliver exceptional living experiences to the millions of American households currently spending more than half of their income on rent. Resia is a division of MRV&Co (MRVE3:BZ), one of the largest homebuilders in the world. For more information, please visit www.liveresia.com.

This is Resia’s Third Project in Georgia

ATLANTA, Ga. - Resia (formerly known as AHS Residential) announces it has closed on construction financing for a 476-unit apartment community located in northeast Atlanta. Bank of America provided the $60 million construction financing for this project. The project broke ground in the first quarter of 2022 and is expected to be delivered in the third quarter of 2023.

“We are very appreciative to the Bank of America team for their partnership on this project. We look forward to expanding our relationship as we continue to grow our presence in Atlanta,” said Carlos E. Gonzalez, chief investment officer for Resia.

This will be Resia’s third project within the Atlanta metropolitan area. Located at 4151 Memorial Drive, the new Resia community will deliver 476 workforce units across five 7-story mid-rise buildings, with a portion of those units, 20%, being AMI restricted.

With one-bedroom, two-bedroom, and three-bedroom floor plans, all apartments will feature modern finishes, stainless steel appliances, and in-unit laundry. Resia communities are built with young professionals and families in mind and include desirable amenities like assigned parking, business center, and a multipurpose clubhouse complete with a swimming pool and fitness center.

Resia is rapidly scaling up its development activities with the goal of delivering 8,000 new apartments annually by 2025. The company is on a mission to help solve the U.S. housing crisis by building quality apartments in growing metros where many renters are getting priced out by rising rents.

Resia, formerly known as AHS Residential, is an award-winning, vertically integrated real estate company that specializes in developing, building, and managing quality multifamily communities across the United States. Our mission is to deliver exceptional living experiences to the millions of American households currently spending more than half of their income on rent. Resia is a division of MRV&Co (MRVE3:BZ), one of the largest homebuilders in the world. For more information, please visit www.liveresia.com.

Resia (formerly known as AHS Residential) announces it has closed on financing for Resia Old Cutler, a 390-unit apartment community located in Miami-Dade County, Florida.  PNC Bank provided the $60 million financing for the construction of Resia Old Cutler. The project broke ground at the end of the second quarter of 2022 and is expected to be delivered in the third quarter of 2023.

“We are thankful to PNC Bank for their partnership on this project, as well as for their continued commitment to supporting our vision,” said Carlos E. Gonzalez, chief investment officer for Resia.

This will be Resia’s 15th project within the Miami MSA.  Located on Old Cutler Road (just south of 216th ST) and SW 107th Avenue alongside the Florida Turnpike, Resia Old Cutler will deliver 390 workforce units across eight, three-story garden-style buildings. In addition, five duplex townhomes (10 units) will be built and donated to the Miami-Dade County Homeless Trust. The 390 units will be made affordable to households up to 140% of the Area Median Income (AMI) of Miami-Dade County.

Resia Old Cutler will offer one-, two-bedroom, and three-bedroom floor plans. Apartments will feature modern finishes, stainless steel appliances, and in-unit laundry. Built with young professionals and families in mind, Resia’s Old Cutler well-designed amenities include assigned parking, business center, and two multipurpose clubhouses complete with two swimming pools and fitness center. 

Resia is rapidly scaling up its development activities with the goal of delivering 8,000 new apartments annually by 2025.  The company is on a mission to help solve the U.S. housing crisis by building quality apartments in growing metros where many renters are getting priced out by rising rents.

Resia, formerly known as AHS Residential, is an award-winning, vertically integrated real estate company that specializes in developing, building, and managing quality multifamily communities across the United States. Our mission is to deliver exceptional living experiences to the millions of American households currently spending more than half of their income on rent. Resia is a division of MRV&Co (MRVE3:BZ), one of the largest homebuilders in the world. For more information, please visit www.liveresia.com.

 Resia, the multifamily developer, builder and owner formerly known as AHS Residential, announces today it has begun construction on Resia Ten Oaks, a new multifamily community in Houston’s Energy Corridor on the last remaining parcel at Ten Oaks, an 83-acre master-planned development in West Houston. 

“We are thrilled to bring a beautiful, high quality residential community to the people of Houston, especially those who live and work in the Energy corridor each and every day,” said Ernesto Lopes, CEO of Resia. “Resia stands by building attainably priced apartments for the people in the areas we serve, and this live where you work mindset extends into our newest community, Ten Oaks.”

Resia Ten Oaks, Resia’s first community in Houston and second in Texas, will bring 576 one-, two- and three-bedroom units to its three 12-story apartment buildings utilizing its unique construction method, which consists of prefabricated modular elements and ground-breaking concrete form technology to achieve cost-savings that are passed on to residents.