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Crow Launching Big Nationwide Multifamily Push, 8,000 Apartments in 20 Markets

By Ted Jackson

Crow Holdings is launching a major multifamily initiative targeting middle class buyers in 20 markets across the country, the company announced.

Crow plans to develop a $1.5-billion portfolio of more than 8,000 apartments under its Allora brand. Allora communities are strategically located mainly in Southeast and Southwest suburban markets where there is large population and job growth

The company says it has already built 2,400 units in three states that will form part of the portfolio. The development is being built out and marketed by Crow’s multifamily unit, Trammell Crow Residential.

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