Adirondack Capital Partners represents Dawn Homes in acquistion of 189-units

Queensbury, NY Adirondack Capital Partners represented Dawn Homes Management in the acquisition of Whispering Pines Apartments — a 189-unit multifamily community — for an undisclosed price.

Located at 105 Needle Park Circle, off the Adirondack Northway (I-87), Whispering Pines combines park-like living with proximity to major employment hubs, shopping and year-round recreation in the Adirondack region. Built in 1980, the community offers one- and two-bedroom apartments with private balconies or patios, updated kitchens and generous layouts. On-site amenities include a swimming pool, tennis courts, fitness center, laundry facilities, and parking.

“This transaction reflects the strong and sustained demand for well-located, institutional-quality multifamily assets across upstate New York,” said Michael Hunter Coghill, managing partner of Adirondack Capital Partners.

Parker Stevens of Eastdil Secured represented the seller, Whispering Pines Associates, LLC.

The sale of Whispering Pines Apartments underscores the continued depth of the Capital Region multifamily investment market, where favorable demographic trends, expanding employment opportunities and constrained supply continue to drive long-term value creation.

With the sale of Whispering Pines, ACP has sold $238 million in the capital region in 2025 comprising more than 1,600 units.