July 15 - S2’s $373M distressed fund | New units near Austin tech hub

ZOM Living adds 359 units near Austin, Texas, tech giants; Midloch acquires apartments built in former Pabst malt house; Standard Communities expands construction division, enters new markets

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Daily Dive

July 15, 2025 | Today’s news and insights for multifamily industry leaders

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New Funds

S2 Capital closes $373M distressed apartment fund

The Dallas-based multifamily owner is targeting properties in high-growth markets, including Texas and the Carolinas.

PROJECT SPOTLIGHT

ZOM Living adds 359 units near Austin, Texas, tech giants

Azola Avery Centre, located in the Avery Centre master-planned community in Round Rock, Texas, includes built-in work-from-home space and private yards in select units.

Deals + Starts

Midloch acquires apartments built in former Pabst malt house

The firm secured the Milwaukee landmark in a joint venture with Hempel Real Estate for $19.2 million.

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Q&A

Standard Communities expands construction division, enters new markets

The Los Angeles-based affordable housing firm has brought on Caitlin Gossens to lead its capital markets team.

From Our Library

Playbook

Maximizing Multifamily NOI: Keys to Closing the Revenue Gap in a Competitive Market

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What We're Reading

The Los Angeles Times