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Thursday, October 15, 2026The Morning Brief →Sign in
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Hillpointe to build 358-home rental community in South Reno

The project combines 268 apartments with 90 build-to-rent townhomes, and first deliveries are set for January 2028.

At a glance

25-second brief
  • Hillpointe has acquired a 32.5-acre site at 18610 Wedge Parkway in South Reno for a 358-home rental community it will build as Pointe Grand Cape at Southport, according to Connect CRE.

  • The community pairs 268 two-bedroom, two-bathroom apartments across 12 residential buildings with 90 built-to-rent three-bedroom townhomes, each with an attached two-car garage.

  • Grading begins in the fourth quarter of 2026, followed by full site work in December; vertical construction is anticipated in March 2027, first deliveries in January 2028 and completion in April 2028.

Hillpointe has acquired a 32.5-acre site at 18610 Wedge Parkway in South Reno for a 358-home rental community it will build as Pointe Grand Cape at Southport, according to Connect CRE.

The community pairs 268 two-bedroom, two-bathroom apartments across 12 residential buildings with 90 built-to-rent three-bedroom townhomes, each with an attached two-car garage. Amenities include a clubhouse, resort-style pool and hot tub, fitness center, dog park and pickleball court. Hillpointe was represented by Ryan Kruger of Land Advisors Organization in the transaction, according to the Connect CRE report.

Grading begins in the fourth quarter of 2026, followed by full site work in December; vertical construction is anticipated in March 2027, first deliveries in January 2028 and completion in April 2028.

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Connect CRE
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