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. …
Build-to-Rent
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 …
LEWIS CENTER, OHIO — A joint venture between Buckingham and Onyx+East has broken ground on Mural Lewis Center, a 120-unit build-to-rent (BTR) project in Lewis Center, roughly 20 miles north of Columbus, Ohio. The community will offer a mix of two- to four-bedroom homes ranging from 902 to 2,685 square feet. Units will include attached two-car garages and private outdoor spaces. The first units will be available for rent beginning in December. Home and yard maintenance services will be included. Residents have access to shared amenities such as a playground, …
JOHNS ISLAND, S.C. — General contractor Center Park Group has delivered the first townhomes at Sanderling, a 56-unit build-to-rent asset located at 3021 Maybank Highway in Johns Island, 13 miles south of Charleston, South Carolina. Atlanta-based RangeWater Real Estate is providing property management services on behalf of the owners, Equus Development Partners and Circle Squared Alternative Investments. Townhomes at Sanderling span up to 1,443 square feet and come in two- and three-bedroom configurations. Units feature one-car garages and front porches. Shared amenities include a dog park, as well as three …
SAN ANTONIO, FLA. — Coastal Ridge has begun construction on Stillwell Pasco Station, a 277-unit build-to-rent development in San Antonio, roughly 30 miles north of Tampa, Florida. The community will offer a mix of one-, two and three-bedroom residences measuring up to 1,300 square feet. The first units are slated for completion in early 2026. The single-bedroom residences will be designed as attached duplex-style homes, while the two- and three-bedroom houses will be detached. Select units will feature private one-car garages. Amenities will include a 5,000-square-foot clubhouse and fitness center, …
CHARLOTTE, N.C. — RKW Residential has been selected to manage three properties in Charlotte. The properties include Abode at Reid’s Cove (95 units) and Abode at Greenway (90 units), two build-to-rent (BTR) communities owned by Edgewood Ventures. The third property, Axis Berewick, is a 266-unit traditional multifamily asset owned by Welltower. RKW also manages Welltower’s Charlotte properties Solis Midtown and Solis Millennium. The firm now manages or consults on approximately 5,000 BTR units nationwide, with a concentration in Sun Belt and Midwest markets.
PHOENIX AND DENVER — NexMetro Communities has recapitalized four build-to-rent (BTR) properties in Phoenix and Denver. Valued at about $300 million, the properties, comprising 849 units, are Avilla Gateway, Avilla Magnolia and Avilla Canyon, which are in Phoenix. The fourth property, Avilla Eastlake, is in Thornton, Colorado, 25 miles north of Denver. NexMetro has developed 60 projects nationwide since its founding in 2012. According to the company’s website, NexMetro’s current portfolio is made up of 43 properties. The financing structure includes $160 million in senior debt invested and managed by Blackstone. The …
The past few years have brought significant shifts in affordability in the United States. Whether it’s evident in rising grocery bills or adjustments to what qualifies as a necessity, these changes have rippled through the housing sector. According to data from the U.S. Census Bureau, by 2024, the cost-of-living ratio to overall expenses surpassed 31 percent — the highest since 2014. Historically, a housing burden ratio below 30 percent indicates a stable market. However, the increasing costs of housing — including rent, mortgages, taxes, utilities and insurance — are straining …
APOLLO BEACH, FLA. — Scottsdale, Arizona-based Taylor Morrison has purchased a 25.7-acre development site located within the 2,734-acre Waterset master-planned community in Apollo Beach, roughly 18 miles south of Tampa, Florida. Matt Mitchell and Chris Burtner of Berkadia North and Central Florida arranged the deal on behalf of the seller, Brookfield Residential, which is based in Costa Mesa, California. Taylor Morrison plans to develop a build-to-rent (BTR) community on the site. The asset will feature a mix of one-, two- and three-bedroom single-family rental units, with each residence including a …
ATLANTA — When considering a single-family, build-to-rent (BTR) development or acquisition, the main priority of the developer or investor is to focus on finding a place where people want to live, said Zach Persky, vice president of acquisitions for Quinn Residences. Access to jobs, retail corridors and good school districts are all important factors for potential residents. Persky was one of the speakers on the BTR panel at the 15th annual InterFace Multifamily Southeast conference, which took place Wednesday, Dec. 4 at the Cobb Galleria Centre in Atlanta. Kyle Palmer, …