Dominium

We are proud to announce the successful closing of The Waters, a 180-unit senior housing development located at 1100 Spring Lane in Apopka, Florida. This thoughtfully designed community will offer high-quality, amenity-rich homes for seniors in the Orlando metro area. The Waters will feature a two-story lobby and clubroom, a fitness center, a craft room, a business center, a package room and outdoor amenities, including a seating area and a native tree reserve. The community consists of 78 one-bedroom, 86 two-bedroom and 16 three-bedroom homes, all income- and rent-restricted to 60% of the Orlando Area Median Income. This project is a testament to the collaboration and dedication of our development partners. Thank you to Bessolo Design Group, Inc. and Bohler Engineering for their innovative designs, and to WD Construction for bringing this vision to life. Financing includes a tax-exempt construction loan and taxable equity bridge loan from KeyBank, a forward TEL commitment from Freddie Mac (serviced by KeyBank), cash-collateralized bonds from RBC Capital Markets, equity investment via 4% low-income housing tax credits and multifamily Mortgage Revenue Bonds from the Orange County Housing Finance Authority. Additionally, we appreciate Orange County's support in approving the exemption from impact fees. We also thank our additional development partners, including Winthrop & Weinstine, P.A., Holland & Knight LLP, Florida Housing Finance Corporation, First Housing Development Corporation of Florida, U.S. Bank, Commercial Partners Title, LLC, Nabors, Giblin & Nickerson, P.A., Norris George & Ostrow PLLC, Ballard Spahr LLP, Greenberg Traurig, LLP, Thompson Hine LLP, Porter Wright Morris & Arthur LLP and others. Thank you to everyone who contributed to this milestone and who will help ensure its future success. Congratulations to Devon Quist, Thomas Williams, Khalid El-Shabazz, Thomas J. McElroy, Tom Bulach, Sarah Oh and Farah Asadulla on this achievement! #OrlandoHousing #AffordableHousing #WhatWeDoHitsHome #Dominium

Dominium Development Analyst Adria Hollis recently participated in a Commercial Real Estate Community & Affordability Panel hosted by The Commercial Real Estate Group at GSU. Adria shared her professional journey and valuable insights into the challenges and complexities of the affordable housing industry. Her perspective highlights the critical role this sector plays in shaping communities and addressing the housing crisis. At Dominium, we are proud to support the next generation of real estate leaders. Thank you, Adria, for your dedication in representing Dominium and sharing your valuable experience. Your insight is crucial in advancing our mission and fostering industry growth. #Dominium #RealEstate #GeorgiaStateUniversity #CommercialRealEstate #AspiringProfessionals #CareerDevelopment

It’s always rewarding to hear directly from our residents. Recently, we received a call from Alan C., a long-time resident of Oaks at New Hope in Lawrenceville, Georgia, who wanted to share his gratitude and appreciation for his property management team. Having lived at Oaks at New Hope for 14 years, Alan expressed how the community has never been better, thanks to the transformation that began when Dominium acquired the property in 2019. He attributes this remarkable improvement to the dedication of Community Manager Sharon Crumpton and Assistant Manager Princeton Hollis. Alan emphasized that since Dominium took over, Sharon, Princeton and the entire team’s hard work has turned the community into the “safest property in Lawrenceville – a peaceful, beautifully maintained place to call home.” Though exceptional efforts often go unnoticed, Alan’s words shine a well-deserved spotlight on the outstanding work of Sharon, Princeton and the entire Oaks at New Hope team. We are proud to celebrate the unwavering commitment to excellence that our teams consistently demonstrate for our residents and communities. #TeamAppreciation #PropertyManagment #AffordableHousing #ResidentVoices #WhatWeDoHitsHome #CommunityTransformation

We are pleased to announce the successful closing of Cobia Cove, a 228-unit new construction development located at 2638 Aquaview Lane in Holiday, Florida. Designed to serve hardworking individuals and families in the Tampa metro area, Cobia Cove will offer high-quality, amenity-rich apartment homes, including 120 two-bedroom, 60 three-bedroom and 48 four-bedroom units. The community, designed by Bessolo Design Group, Inc. and Bohler Engineering and built by WD Construction, will feature a clubhouse, fitness center, pool, playground and outdoor amenities. Cobia Cove will be delivered in two phases over 31 months. This development was made possible through the support of our valued partners. Financing includes a tax-exempt construction loan provided by Deutsche Bank, a taxable equity bridge loan from PNC, a Forward TEL commitment from Freddie Mac serviced by PNC, an allocation of SHIP funds from Pasco Housing Finance Authority, and an equity investment in the 4% federal Low-Income Housing Tax Credits by PNC. Additionally, we extend our gratitude to Florida Housing Finance Corporation for their determination of Low-Income Housing Tax Credits, Pasco County Housing Finance Authority for their allocation of tax-exempt private activity bonds and Pasco County Government for their ongoing support and cooperation. We also thank our additional development partners, including Winthrop & Weinstine, P.A., Barbara L. Wilhite P.A., Seltzer Management Group, Inc., U.S. Bank, Commercial Partners Title, LLC, Bryant Miller Olive P.A., RBC Capital Markets, Nelson Mullins Riley & Scarborough, Kutak Rock, Braun Intertec Corporation, among others. We appreciate all our partners for their assistance on this project, their continued commitment to providing high-quality affordable housing and their ongoing partnership with Dominium. Finally, congratulations to Nick Andersen, Katessa Archer, Banks Collier, Miller Calhoun, Sarah Oh, and Farah Asadulla on this successful closing. We look forward to the positive impact Cobia Cove will have on its residents and the Tampa metro community. #AffordableHousing #CommunityImpact #TampaMetro #FloridaHousing #Dominium

We are pleased to announce the successful closings of Arterra and Orchard Springs in Surprise, Arizona. Arterra is a thoughtfully designed community for families and will offer 388 apartment homes, while Orchard Springs is a senior, age-restricted community with 211 apartment homes. Together, these developments will add 599 high-quality, affordable homes to the City of Surprise. The construction of these communities will be led by W.D. Construction, a joint venture between Dominium and Weis Builders. These developments would not have been possible without the support of our valued development partners. The financing package includes tax-exempt and taxable construction loans from Citi, taxable bridge loans from Alliance Bank, a Citi permanent loan, tax-exempt subordinate bonds arranged by Colliers, and equity investments from U.S. Bank, Western Alliance Bank, and Citi through the 4% federal Low-Income Housing Tax Credits. We also recognize and appreciate the contributions of our additional development partners, including Winthrop & Weinstine, P.A., Gammage & Burnham, Todd & Associates, Inc., Hunter Engineering Inc., Commercial Partners Title, LLC, Kutak Rock, Dominium Construction and Architectural Services, Arizona Department of Housing, and Arizona Industrial Development Authority - Arizona IDA. Their ongoing commitment to delivering high-quality affordable housing has been instrumental in the success of these projects. We sincerely thank everyone involved in the closing process and look forward to continued collaboration in the future. Lastly, we would like to congratulate Owen Metz, Rodrigo Dorador, Jacob Berger, Kai P., Thomas J. McElroy, Nash Chute, and Retivia Stevens for their outstanding contributions to these successful projects. #AffordableHousing #CommunityDevelopment #Dominium #ArizonaHousing 

At Dominium, giving back is central to our mission. Through the Opportunity’s Front Door Scholarship Program, we award $5,000 scholarships to valued residents, employees, and their dependents, removing financial barriers to higher education and helping bridge the gap between potential and opportunity. Meet Carlos, a long-time resident of Copper Cove in Tolleson, Arizona, and a four-time scholarship recipient. Now a senior at Arizona State University, Carlos considers Copper Cove home, with its residents and Site Team led by Community Manager Silda Tellez like family. Carlos first discovered the scholarship opportunity prior to his college journey. He applied and was thrilled to receive the scholarship, which eased the financial strain of his education. His journey wasn’t straightforward – he started a in different field at another university, transferring to pursue his passion for Fashion Design. Transfer complications added an extra semester, but the scholarship help ease the financial stain. Carlos now dreams of leading a fashion house or launching his own couture brand. Reflecting on his journey, Carlos shared “I’ve been able to explore new opportunities, discover exciting programs, and complete many personal goals. This scholarship allowed me to discover my passion.” He also added, “Through the Opportunity’s Front Scholarship, I’ve been able to not only continue my education but also show others in my community, they, too, can achieve their goals.” #Dominium #ScholarStory #OppportunitysFrontDoor #ArizonaHousing #ScholarshipProgram #WhatWeDoHitsHome #Community

Dominium is deeply committed to addressing the affordable housing crisis in the communities where we live and work. We are actively working to bring more high-quality affordable housing in Arizona, and our proposed Sonoran Landings development in Chandler is a vital part of that effort. Arizona is experiencing a severe housing shortage, with the state’s Department of Housing estimating a gap of approximately 270,000 homes to meet the growing demand. Recently, the Chandler Arizonan published an editorial in support of Sonoran Landings. The piece emphasizes a critical opportunity to address Chandler and Maricopa County's housing needs by providing affordable, high-quality housing for seniors, many of whom are on fixed incomes. We appreciate when members of the community stand with Dominium and other organizations working to improve the communities where we live and work. To read the full editorial, follow the link below. #AffordableHousing #SonoranLandings #ArizonaHousing #ChandlerAZ #AffordableLiving #HousingSolutions #SeniorLiving #Dominium #HousingCrisis #SupportAffordableHousing #ChandlerCommunity #QualityHousing #CommunityDevelopment

On December 5, International Volunteer Day, Dominium proudly honors the remarkable contributions of our team members who dedicate their time and talents to making a meaningful impact in the communities we serve. Through our Dominium Gives initiative, we’ve established a Volunteer Program that aligns company resources with the passions of our employees. This empowering program encourages our team to engage with causes close to their hearts, fostering volunteerism that strengthens and uplifts local communities. Each year, Dominium employees contribute thousands of hours to a wide range of charitable efforts. In 2024, our team dedicated 3,040 hours (and counting) to support 114 organizations nationwide, a testament to our collective commitment to service and social responsibility. #InternationalVolunteerDay #DominiumGives #CommunityEngagement #VolunteerEngagement

This week, Dominium proudly celebrated the Grand Opening of Sandpiper Glen in Orlando, Florida. This vibrant community provides 288 high-quality, affordable apartment homes for seniors aged 62 and older in the Orlando metro area. The four-story building features 151 one-bedroom, 105 two-bedroom, and 32 three-bedroom apartments. We were honored to commemorate this milestone with remarks from Florida State Senator Carlos Guillermo Smith, Florida State Representative Johanna López, Orange County Mayor Jerry Demings, and Dominium Vice President Devon Quist. We sincerely thank everyone who joined us in this celebration, as well as to our financial, development, and community partners for their steadfast support in bringing this project to life. We take immense pride in contributing much-needed affordable housing in Orange County and look forward to continuing our mission of providing quality, affordable housing in Florida. #GrandOpening #SandpiperGlen #AttainableHousing #BuildingCommunities #OrlandoFL #FloridaHousing