Metonic has an innovative approach to multifamily developments.
Metonic’s development portfolio comprises over 1,700 apartment homes across the Midwest and California.
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
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
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.