Proven Multifamily Developers | Metonic Real Estate Solutions

Development Strategy

Metonic has a diverse development portfolio, from workforce housing to luxury apartment living. We strive to provide our investors with a wide range of choices when deciding where and how to invest their dollars. Through our construction department, APOGEE, we offer in-house construction management and design for our multifamily developments.
Our team has several characteristics to look for when underwriting a potential development, including demographics, markets with little to no new construction, low vacancy, and more.

Development Strategy

Metonic has a diverse development portfolio, from workforce housing to luxury apartment living. We strive to provide our investors with a wide range of choices when deciding where and how to invest their dollars. Through our construction department, APOGEE, we offer in-house construction management and design for our multifamily developments.
Our team has several characteristics to look for when underwriting a potential development, including demographics, markets with little to no new construction, low vacancy, and more.

Development Portfolio

At Metonic, we have had a long run of successful developments due to the planning and detail that goes into each deal.

Multifamily Developments

Apartment Homes Developed

Total Development Costs

Case Studies

Total Project Cost: $26.8M
Project Completion: Fall 2021
Units: 204

Latitude 41

Built in 2021, Latitude 41 is a 204-home community in Bellevue, NE. Featuring a mix of one, two, and three-bedroom homes, Latitude 41 leverages a sleek, modern design and best-in-class amenities.

Total Project Cost: $14M
Project Completion: Fall 2022
Units: 107

Ascend on 75

Ascend on 75 is a contemporary apartment community, located just 10 minutes south of Midtown Omaha and Eppley Airfield. The 107-home property features a mix of studio, one, two, & three-bedroom homes.

Total Project Cost: $40M
Project Completion: Fall 2023
Units: 186

Ravello 192

Metonic developed Ravello 192 in Elkhorn, NE in 2019. The 9.6-acre site features 118 Apartminiums in a top submarket in Omaha. These top-of-the-line townhomes offer all-inclusive pricing and attractive amenities.

Case Studies

Total Project Cost: $26.8M
Project Completion: Fall 2021
Units: 204

Latitude 41

Built in 2021, Latitude 41 is a 204-home community in Bellevue, NE. Featuring a mix of one, two, and three-bedroom homes, Latitude 41 leverages a sleek, modern design and best-in-class amenities.

Total Project Cost: $14M
Project Completion: Fall 2022
Units: 107

Ascend on 75

Ascend on 75 is a contemporary apartment community, located just 10 minutes south of Midtown Omaha and Eppley Airfield. The 107-home property features a mix of studio, one, two, & three-bedroom homes.

Total Project Cost: $40M
Project Completion: Fall 2023
Units: 186

Ravello 192

Metonic developed Ravello 192 in Elkhorn, NE in 2019. The 9.6-acre site features 118 Apartminiums in a top submarket in Omaha. These top-of-the-line townhomes offer all-inclusive pricing and attractive amenities.

Projects

Since 2018, Metonic has demonstrated an impressive track record in multifamily development, with projects spanning 70 to 330 apartment homes, exceeding $410 million in development costs.

We’ve primarily concentrated on developing in the dynamic neighborhoods of Omaha and its neighboring suburbs, including Gretna, Bellevue, Papillion, and Elkhorn. However, in 2023, we broadened our scope by commencing construction on Millennium Apartments in Palm Desert, California.

Multifamily Innovation

Innovation is at the core of all Metonic multifamily developments. Through our trademarked product type, the Apartminium, we have successfully filled the demand for residents seeking the benefits of a condominium without the downpayment. Our Apartminium communities feature upscale and all-inclusive experiences with private entrances, attached garages, spacious 1, 2, and 3-bedroom homes, and high-end finishes. With an all-inclusive pricing option, residents can elect to pay one flat fee for their rent and other expenses, eliminating the confusion around fees often associated with other rental options.

Metonic is always innovating and creating new amenities to attract new renters. This includes 24-hour fitness centers with yoga rooms and exercise mirrors, EV & solar sustainability, smart home technology, and more. Our team strives to create a pleasant living environment for our residents, while delivering promising returns for our partners.