Leasing Specialist

Hillpointe enters Kentucky Market with first two developments in Central Kentucky. August 12, 2026 Lexington, Ky.- (AUGUST 12, 2026) Hillpointe, a leading vertically integrated real estate development and investment management firm specializing in attainable multifamily housing, today announced its expansion into Kentucky with the start of construction on Pointe Grand Citation at Lexington and Pointe Grand Rose at Nicholasville. Representing the firm's first developments in the Commonwealth, the projects will bring a combined 868 attainable residences to the Lexington community. "Entering Kentucky marks an exciting milestone for Hillpointe as we continue delivering high-quality attainable housing in communities where it's needed most," said Steven Campisi, Co-Founder and Managing Partner of Hillpointe. "Pointe Grand Citation and Pointe Grand Rose represent the beginning of our long-term investment in the Commonwealth, and we're proud to help expand housing opportunities across the Lexington region." The projects come as communities across the Lexington region continue to experience strong residential and economic growth, driving demand for high-quality attainable housing. As part of larger master-planned communities, Pointe Grand Citation and Pointe Grand Rose will help expand housing opportunities while introducing new retail, services and neighborhood amenities to the area. Upon completion, Hillpointe's first two Kentucky communities will deliver a combined 868 homes. Pointe Grand Citation at Lexington will bring 276 apartment homes to 2450 Georgetown Road, as part of a larger master-planned development that will also include senior living, retail, hospitality and childcare. Pointe Grand Rose at Nicholasville, located at 3255 Lexington Road, will deliver 592 homes, including 480 apartment homes and 112 townhomes. The community is part of a broader mixed-use development featuring planned retail anchored by Kroger and Menards, creating a walkable destination for future residents. Both communities will feature spacious two-bedroom residences with open-concept floor plans, modern finishes and smart home technology. In addition to its apartment homes, Pointe Grand Rose at Nicholasville will offer 112 townhomes, expanding housing options for future residents. Residents at both communities will enjoy a robust suite of amenities, including a fitness and wellness center with a sauna, Peloton bike and stair machine, a resort-style pool with cabanas, clubhouse with a coffee bar, conference room and business center, dog park, pet spa and outdoor fire pit. Together, both communities will expand the supply of attainable housing while supporting the continued growth of two thoughtfully planned communities, reflecting the firm's long-term commitment to creating high-quality housing in markets where it is needed most. About Hillpointe Hillpointe is a vertically integrated real estate development and investment management firm specializing in attainable multifamily housing across the Sun Belt. Headquartered in Winter Park, Florida, Hillpointe manages over $1.7 billion in equity capital and has been involved in the development, construction and management of more than 18,000 apartment homes with a capitalization exceeding $3.2 billion. The company currently owns and operates 45 properties totaling 12,075 units and was ranked No. 5 and No. 7 on NMHC's 2026 lists of the nation's largest multifamily developers and builders, respectively. For more information, visit www.hillpointe.com. About Pointe Grand Pointe Grand Communities is Hillpointe's branded portfolio of attainable multifamily communities, focused on developing and managing high-quality apartment homes designed for today's workforce. With an emphasis on consistency, innovation, and customer service, Pointe Grand delivers modern living environments that balance comfort, reliability, and a resident-first approach that ensures lasting impact and long-term stability. For more information, visit www.pointegrand.com.

Lakewood Ranch residents face challenges of Live Local Act. Residents say they're unwilling to back down: "If not us, who will fight for responsible development?" * By Lesley Dwyer * | 5:00 a.m. August 4, 2026 * East County * News Over the past two years, Manatee County commissioners have routinely denied requests for development along Lorraine Road, but a plan for 224 rental townhomes doesn't need the board's approval. Hillpointe, LLC has a plan in motion to develop Point Grande Lorraine on about 20 acres on the east side of Lorraine Road and to the west of Esplanade at Azario Lakewood Ranch. Hillpointe, a multifamily developer in Winter Park, is using Florida's Live Local Act to build more units than would otherwise be allowed without the commission's approval. After signing the bill in March 2023, Gov. Ron DeSantis said in a press release, "This legislation provides record support for Florida's workforce and their families to help them live where they work, while also providing historic support for our military communities and the families living near military bases." Live Local has been updated four times since then. In exchange for building workforce-housing units, developers can bypass height restrictions and receive zoning and property tax pre-emptions. Projects are approved without public hearings, and applications are fast-tracked. Pointe Grande is in the pre-application stage, but Hillpointe could start construction as early as January. Plans for the community include a clubhouse, fitness center and pickleball courts. Rental rates for at least 40%, of the units will be determined by the U.S. Department of Housing and Urban Development's guidelines for a minimum of 30 years. Pamela Thompson, Hillpointe's director of external affairs, emphasized that affordable housing does not mean "Section 8" housing. "That's not what we do," Thompson told residents during a neighborhood meeting July 27 at the Lakewood Ranch Library. "What we do is attainable housing for the workforce with an 80-120% AMI." The AMI, or average median household income, in Manatee County is $109,700, meaning the income target range is about $88,000 to about $131,600. Thompson said Hillpointe is able to offer workforce housing because the company is "vertically integrated." Everything from permits to property management is handled in-house for the life of the community, resulting in a cost savings. What's 15 feet? Height overlooking her family's pool is what bothers Esplanade's Luzette Socash. A block of two-story townhomes would be 15 feet away from her property line. It's enough for her to consider moving. "But who's going to buy this house...15 feet is the size of a car," she said. Socash brought a measuring tape to the neighborhood meeting. Thompson held the end of the tape as Socash backed up 15 feet. The distance spoke for itself. An audience member replied, "Wow." Thompson thanked the over 200 residents for attending the meeting and acknowledged the obvious sentiment of the room. A Saturday dose of the week's top stories from Sarasota, Longboat Key and East County. "At the end of the day, you all probably will still not want Hillpointe to be your neighbor," she said. "I appreciate us being able to speak and share facts and be civil with one another." But as long as Hillpointe doesn't apply for a variance, the project will be administratively approved without any additional input from residents or commissioners. The bumper-to-bumper length of a Toyota Prius will separate Socash's fence from a "wall of apartments." She described the issue as an "invasion of personal space and privacy." Azario's Greg Dunbar asked Hillpointe representatives to at least consider reconfiguring the site plan. The buildings wrap around the perimeter of the property with a retention pond in the middle of the lot. If the retention pond were relocated, it could serve as a buffer between the two communities. But even with a buffer, Azario residents called the jump in density "unnatural." Surrounding densities range between two and six units per acre. With 224 townhomes on 20 acres, Point Grande will have nearly 12 units per acre. Commissioners unanimously denied a rezone request in March. The project was nearly identical to Point Grande - 232 townhomes on 19.51 acres off of Lorraine Road with an affordable housing component. Commissioners liked the project but couldn't get past the jump in density. Yet Hillpointe could've built a far more intense project with 640 units under Live Local's density allowances. The act would've allowed for 32 dwelling units per acre. "(Live Local) completely bypasses the wise decision making of local elected officials," Azario's Jim Toolen said. "We're going to fight this to the extent we're able to." Azario residents established an action group in 2024. The sea of red shirts at the meeting read, Azario Responsible Land Development Coalition. Toolen emphasized that the coalition is not an anti-development group. If Hillpointe wanted to build the 90 units reserved for workforce housing, ARLDC members would "grab shovels" to help. The coalition fears the surrounding infrastructure can't handle the density of the project, so they want commissioners who know the area to decide the matter instead of legislators in Tallahassee. Members declined to comment on any specific plans moving forward, except that the group will be devoting additional time and resources to hold Hillpointe accountable to "responsible development." If a municipality tries to stop a Live Local project, the developer can sue, have the lawsuit fast-tracked and force the county to pay up to $250,000 of the developer's legal fees. "This issue goes beyond this community and this development," Toolen said.