Thursday, April 17, 2025
Read the Digital Magazines Subscribe to the Newsletter

Build-to-Rent

Bella Encanta
ArizonaBuild-to-RentInvestment SalesNewsWestern

CBRE Brokers $95.7 Million Sale of BTR Community in Mesa, Arizona

by Channing Hamilton

MESA, ARIZ. — CBRE has arranged the sale of Bella Encanta, a 212-unit build-to-rent (BTR) asset in Mesa. Locally based Bela Flor Communities sold the asset to a global institutional investor for $95.7 million. Griffen Tymins, Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE represented the seller in the deal. Built in 2023, Bella Encanta features duplex-style units with wood-style plank flooring, nine- and 10-foot ceilings, full-size washers and dryers, granite countertops, undermount sinks, stainless steel appliances and gas cooktops, as well as a two-car attached garage with …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cottages at Summer Creek
Build-to-RentInvestment SalesNewsTexas

ONM Living Sells 196-Unit BTR Asset in Fort Worth, Texas

by Channing Hamilton

FORT WORTH, TEXAS — ONM Living has sold Cottages at Summer Creek, a 196-unit build-to-rent community in south Fort Worth. ONM Living sold the property in partnership with All Pro Capital. The buyer was Stockbridge Capital Group. Berkadia brokered the deal. Cottages at Summer Creek was built on 18 acres in 2023. The community offers studio, one-, two- and three-bedroom residences that range from 344 to roughly 1,200 square feet in size. Units feature fenced yards, porches, granite countertops, stainless steel appliances, walk-in showers, washers and dryers and smart technology …

Continue Reading
0 FacebookTwitterLinkedinEmail
1100 Meinhard Road
Build-to-RentDevelopmentGeorgiaNewsSoutheast

Joint Venture to Develop 250-Unit Build-to-Rent Project in Port Wentworth, Georgia

by Channing Hamilton

PORT WENTWORTH, GA. — A joint venture consisting of PCCP and Advenir Azora has purchased 28 acres in Port Wentworth for the development of a 250-unit build-to-rent (BTR) community. The site is located at 1100 Meinhard Road, approximately 10 miles from the Port of Savannah, a major seaport located in Savannah, Georgia. The community will offer one- and two-bedroom duplexes, two-bedroom cottages and two- and three-bedroom townhomes. The average unit size will be 1,081 square feet. Amenities will include a 3,000-square-foot clubhouse and leasing center with a conference room, coffee …

Continue Reading
0 FacebookTwitterLinkedinEmail
An undisclosed Fargo community
Build-to-RentInvestment SalesMidwestMinnesotaNewsNorth Dakota

Cushman & Wakefield Brokers Sale of 601-Unit BTR Portfolio in Metro Fargo, North Dakota

by Channing Hamilton

FARGO, N.D. — Cushman & Wakefield has negotiated the sale of a portfolio of 601 build-to-rent (BTR) units located throughout the Fargo metropolitan area in the bordering states of North Dakota and Minnesota. The recently developed homes come in three-, four- and five-bedroom floor plans and are 7.2 years old on average. Meridian Mortgage LLC sold the portfolio to an affiliate of Christianson Cos. for an undisclosed price. Kevin Phelan, Pat Knowlton and Jeff Dimmen of Cushman & Wakefield, along with Jennifer Stein Real Estate Inc., represented the seller in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Slate at Fishers District
Build-to-RentIndianaMidwestNews

Thompson Thrift Sells BTR Asset Near Indianapolis

by Channing Hamilton

INDIANAPOLIS — Thompson Thrift has sold Slate at Fishers District, a 242-unit build-to-rent (BTR) community in Fishers, about 21 miles northeast of Indianapolis. Bonaventure Holding Co. purchased the asset for an undisclosed amount. Slate at Fishers District was built on about 25 acres in 2024. The community offers one-, two- and three-bedroom villas, as well as three- and four-bedroom townhomes. The property was more than 90 percent occupied at the time of the sale. Amenities include a clubhouse, pool with cabanas, fitness center, bark park and pet spa. George Tikijian, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Highline at Knoxville
Build-to-RentInvestment SalesNewsSoutheastTennessee

PPR Capital Management Purchases BTR Community in Knoxville, Tennessee, for $87 Million

by Channing Hamilton

KNOXVILLE, TENN. — PPR Capital Management has purchased Highline at Knoxville, a build-to-rent (BTR) community in Knoxville, for $87 million. The acquisition includes both Phase I and Phase II of the project. Phase I consists of 110 single-family rental (SFR) units, which are currently in lease-up. Phase II, which is slated to be delivered in tranches between 2026 and 2027, will add 151 townhomes and detached SFR homes. BTR Group is the general contractor for the project. Greystar is the property manager. PPR Capital Management partnered with Center Creek Capital …

Continue Reading
0 FacebookTwitterLinkedinEmail
HARMON Jefferson Village
Build-to-RentDevelopmentNewsNorth CarolinaSoutheast

Crescent Communities Breaks Ground on BTR Project in Greensboro, North Carolina

by Channing Hamilton

GREENSBORO, N.C. — Crescent Communities has broken ground on HARMON Jefferson Village, a 130-unit build-to-rent townhome community situated on 16 acres in Greensboro. The community will offer three- and four-bedroom townhomes ranging from 1,650 to 2,165 square feet. HARMON Jefferson Village is set to open in summer 2025. Residents will have access to amenities such as a pool with a pavilion and grilling station, event lawn for gatherings and trailhead access for outdoor recreation. An account managed by Heitman LLC is the equity partner on the project. The development team …

Continue Reading
0 FacebookTwitterLinkedinEmail
Park5 Luxury Rental Townhomes
Build-to-RentDevelopmentFinanceIllinoisMidwestNews

VennPoint Secures $55.6 Million in Financing for BTR Project in Chicago Suburb

by Channing Hamilton

DEERFIELD, ILL. — Schaumburg, Illinois-based investment firm VennPoint Real Estate has received $45.7 million in construction financing and $9.9 million in mezzanine financing for Park5 Luxury Rental Townhomes in Deerfield, 30 miles north of downtown Chicago. Located at 5 Parkway N, the build-to-rent (BTR) community consists of 144 units. Park5 Luxury Rental Townhomes offers two- and three-bedroom residences averaging 1,953 square feet. Each townhome will feature two-car attached garages, multi-level floor plans, yards and outdoor space. A construction timeline was not disclosed. Matthew Schoenfeldt and Mary Dooley of JLL Capital …

Continue Reading
0 FacebookTwitterLinkedinEmail
Walker Point in Brunswick, Georgia
Build-to-RentDevelopmentGeorgiaNewsSoutheast

ARK Homes For Rent Completes BTR Community in Brunswick, Georgia

by Channing Hamilton

BRUNSWICK, GA. — ARK Homes For Rent has completed Walker Point, an affordable build-to-rent community situated on 25 acres in Brunswick, a city located on the southeast coast of Georgia. Walker Point features 237 townhomes in two-, three- and four- bedroom layouts. Leasing has begun at the community, and immediate occupancy is available. Each unit offers granite countertops, energy-efficient stainless-steel appliances and laundry room with washer and dryer included. Shared amenities include a clubhouse with a fitness center, yoga room, pool, outdoor lounge with barbeque and dining area and a dog park. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Village at Centerpoint Station
Build-to-RentDevelopmentFinanceNewsTexas

The Empire Group Receives $58 Million Construction Loan for BTR Project in San Marcos, Texas

by Channing Hamilton

SAN MARCOS, TEXAS — The Empire Group has received a $58 million construction loan for Village at Centerpoint Station, a build-to-rent (BTR) project in San Marcos, roughly halfway between San Antonio and Austin, Texas. Kyle McDonough, George Maravilla, David Stull and Noah Schott of Tower Capital originated the financing on behalf of the developer. Village at Centerpoint Station will consist of 270 single-family rental units on a 24-acre site in the Tech Corridor of Texas. The average unit size will be 1,047 square feet. Each residence will feature a private …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.