In this podcast hosted by MHN's Laura Valean, Elizabeth Roy discusses shifting supply dynamics and what she’s watching as multifamily moves into its next investment cycle.

American Landmark Apartments , one of the nation’s leading multifamily investment managers and owner-operators, has acquired Park Avenue at Boulder Creek, a 292-unit apartment community located in Houston, Texas. The property will be the firm’s 14th asset in the Houston area and rebranded as Toscana Parkway, further expanding American Landmark’s Texas portfolio while strengthening the firm’s presence in one of the nation’s fastest-growing metropolitan areas. Located in southeast Houston adjacent to Pearland, the community benefits from the continued economic and population growth of the Greater Houston metropolitan area, which surpassed 7.9 million residents in 2025 after adding 126,720 new residents, marking the largest population gain of any U.S. metropolitan area (Greater Houston Partnership). The region’s diverse economy is anchored by nationally recognized healthcare, energy, aerospace, manufacturing and logistics industries, creating sustained demand for high-quality multifamily housing. Major employment centers including the Texas Medical Center, Port Houston and NASA’s Johnson Space Center continue to support the region’s long-term economic strength. “Houston continues to distinguish itself as one of the nation’s strongest multifamily investment markets because of its population growth, diverse employment base and long-term economic resilience,” said Elizabeth Roy , Chief Investment Officer at American Landmark Apartments. “Toscana Parkway is a well-located community with direct highway connectivity and immediate access to the retail and everyday amenities residents value. With no new deliveries in the submarket, we see a clear opportunity to invest behind the property’s fundamentals—executing the first capital improvement program since the community was built and bringing American Landmark’s operational expertise and value-add approach to enhance the resident experience for years to come.” Built in 2009, Toscana Parkway offers a mix of one-, two- and three-bedroom apartment homes and has not undergone a major capital renovation since its original construction, presenting a clear value-add opportunity. Community amenities include a resort-style saltwater swimming pool, fitness center, sauna, clubhouse, business center, volleyball court, children’s playground and poolside grilling areas. Apartment homes feature spacious floor plans with stainless steel appliances, island kitchens, dishwashers, crown molding, walk-in closets, and private patios or balconies. Located at 11575 Pearland Pkwy, Toscana Parkway offers residents highly accessible connectivity and a deep base of nearby retail. Sam Houston Pkwy is less than five minutes away, providing direct access to Interstate 45 and State Hwy 288 and seamless connectivity throughout the Houston metropolitan area. The community sits approximately 15 minutes from William P. Hobby Airport, 20 minutes from the Texas Medical Center—the largest medical center in the world—and less than 30 minutes from Downtown Houston, with abundant shopping, dining and daily-needs retail within immediate reach. With limited new supply delivered in the submarket, the property is well positioned to capture sustained rental demand. The acquisition aligns with American Landmark’s strategy of investing in well-located multifamily communities across high-growth Sun Belt markets supported by favorable demographic trends and strong long-term economic fundamentals. For more information on American Landmark, please visit www.alapts.com About American Landmark American Landmark is an institutional investment manager and vertically integrated multifamily platform that owns and operates more than 36,000 units comprising more than $7 billion in gross asset value under management. Over 30 years and 100,000 units, American Landmark has focused on the disciplined acquisition and management of value-add multifamily properties located in high-growth markets across the U.S. Sunbelt, including Florida, Texas, Georgia, North Carolina, South Carolina, Tennessee, Arizona, and Virginia. American Landmark is committed to providing excellent service and outstanding living environments to residents and to delivering consistent, attractive risk-adjusted returns to its investors and partners. The firm has been recognized as a top multifamily owner and workplace, including rankings as #27 on the NMHC Top 50 Largest Apartment Owners (2026) and #82 on the PERE 100 list of the largest private equity real estate managers (2026), as well as designations as a Freddie Mac Multifamily Optigo Select Sponsor (2026) and a USA Today Top Workplace (2025). For more information, please visi t www.alapts.com .

The company now owns 22 properties in the Sunshine State. 

American Landmark Apartments has acquired Savona Grand, a 214-unit multifamily community at 7132 Colony Club Drive in Lake Worth, Palm Beach County. Built in 2003, Savona Grand consists of a mix of one-, two-, and three-bedroom apartments. Residential units are equipped with washers and dryers, dishwashers, walk-in closets, and private patios or balconies. Community amenities include a resort-style swimming pool with sundeck, a fitness center, clubhouse, basketball and tennis courts, a pickleball court, dog park, and gated access. The property is positioned with access to Florida’s Turnpike and Interstate 95, both located within approximately 15 minutes of the community. Nearby destinations include HCA Florida JFK Hospital, Palm Beach State College, and Palm Beach County Park/Lantana Airport, each located within roughly 10 minutes of the site. According to the developer, the acquisition expands American Landmark Apartments’ South Florida portfolio to four properties and increases its statewide holdings to 21 apartment communities. The acquisition aligns with the firm’s strategy of investing in well-located multifamily communities across high-growth Sun Belt markets supported by favorable demographic trends and strong long-term economic fundamentals. The company cited Palm Beach County’s sustained population growth and continued expansion in sectors including financial services, healthcare, logistics, and professional services as contributing factors supporting long-term apartment demand in the region.  “South Florida is one of our highest-conviction markets, and Savona Grand deepens our footprint at exactly the right time,” said Elizabeth Roy, Chief Investment Officer at American Landmark Apartments. “Palm Beach County continues to attract residents and employers at a pace few markets can match, yet new supply remains constrained. Savona Grand sits in an established submarket minutes from major employment centers, and our value-add platform gives us a clear path to elevate the community for residents while driving performance for our investors.”

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American Landmark Apartments, one of the nation’s leading multifamily owner-operators, has acquired Rosemont St. Johns, a 420-unit apartment community in Jacksonville, Florida. Built in 2007, the property will be rebranded under the American Landmark portfolio and marks a strategic addition to the firm’s growing presence across Florida. The acquisition reflects American Landmark’s confidence in Jacksonville’s surging multifamily market. “Rosemont St. Johns represents an exciting opportunity to expand our footprint in one of Florida’s fastest-growing cities,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “Jacksonville’s consistently strong job growth, expanding population, and reputation as one of the most affordable large metros in Florida make it a compelling market for long-term investment. The property’s strategic location and premium amenities position Rosemont St. Johns as a compelling addition to our portfolio.” Situated at 12310 Seacrest Lane, Rosemont St. Johns offers a vibrant living environment with thoughtfully designed one-, two-, and three-bedroom residences featuring spacious floor plans and modern finishes. Community amenities include a resort-style swimming pool with expansive sundeck, a stylish clubhouse with resident lounge and entertainment kitchen, a 24-hour fitness center, outdoor grilling and picnic areas, and a dedicated dog park, all of which are designed to deliver comfort, convenience, and a sense of community. The property’s prime location in Jacksonville’s Southside submarket provides direct access to major employment hubs, retail corridors, and lifestyle destinations. With proximity to the University of North Florida, St. Johns Town Center, and Jacksonville Beach, Rosemont St. Johns offers residents the ideal blend of suburban tranquility and urban accessibility. This acquisition underscores American Landmark’s strategy of targeting high-growth Sunbelt markets where strong demographics, affordability, and lifestyle amenities continue to fuel multifamily demand. For more information on American Landmark, please visit http://www.alapts.com/. z To read more on this artice, visit citybiz here .

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The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.

The owner-operator has acquired a 322-unit community in a sought-after submarket.

This purchase marks the company's second in the state this year.

Richmond (August 19 th ) - A Tampa, Fla.-based housing company has acquired a 400-unit apartment complex in Chesterfield County, just south of Richmond.  American Landmark Apartments said Thursday that it will be the new owner-operators of Element at Stonebridge at 301 Karl Linn Drive. This marks American Landmark’s second acquisition in Virginia this year, following Boulders Lakeside Apartments, also in Chesterfield. “Element at Stonebridge is only a mile away from our previous acquisition where we have seen great success so far,” said Christine DeFilippis, chief investment officer of American Landmark. “The area is an affordable and attractive place to live with easy access to downtown Richmond. We are pleased to continue growing in North Chesterfield.” American Landmark owns and operates about 32,000 units of multifamily communities across the U.S. Element at Stonebridge offers one- and two-bedroom floor plans ranging from 563 to 1,236 square feet. Monthly rents are currently listed from $1,432 up to $2,238. This court-style community features modern furniture and such amenities as a saltwater pool, 24-hour fitness center, yoga studio, clubroom with billiards and TVs, outdoor game lounge, courtyard and more. A spokesperson for American Landmark Apartments said the company has not yet disclosed the cost of the acquisition, but it did provide a statement on how it may affect future and current tenants. “Our lease audit and submarket study indicate that current and potential residents support the planned upgrades,” DeFilippis said. “Current residents will enjoy the emphasis on common area amenity upgrades as well as modest interior upgrades and American Landmark’s strong commitment to customer service and satisfaction.”