Southeast

Avilla-McDonough
Build-to-RentDevelopmentGeorgiaLeasing & MarketingNewsSoutheast

NexMetro Opens Avilla Holloway in Stockbridge, Georgia

by Lynn Peisner

STOCKBRIDGE, GA. — NexMetro has opened the first units at Avilla Holloway, a 136-unit build-to-rent property on 14 acres in the Atlanta suburb of Stockbridge. The gated neighborhood features single-level, mostly detached homes in one-, two- and three-bedroom floor plans with private entrances, front porches and private backyards. Amenities include a resort-style pool and hot tub, outdoor kitchen and grills, dog park (no breed restrictions), landscaped open spaces, an indoor community meeting space, covered parking, optional garages and a 24-hour maintenance team. A second NexMetro Avilla project in the Atlanta …

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Thomas-Rowe-ECI-Group
Company NewsGeorgiaNewsPeople NewsSoutheast

ECI Group Hires Thomas Rowe as CFO

by Lynn Peisner

ATLANTA — ECI Group, an Atlanta-based development, management and investment firm, has hired Thomas Rowe as chief financial officer (CFO). He replaces Ben Engel, who held the position for the past 10 years. Rowe joins ECI after serving for more than a decade as chief financial officer at SJC Ventures, an Atlanta-based company specializing in the development of Whole Foods Market-anchored projects. At SJC, he directed financial strategies for approximately $1.4 billion in ground-up development spanning about 3.1 million square feet of retail, multifamily and mixed-use developments. Prior to SJC …

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Masons Keepe-Manassas
BerkadiaInvestment SalesNewsSoutheastVirginia

Berkadia Arranges Sale, Financing for Masons Keepe in Manassas, Virginia

by Lynn Peisner

MANASSAS, VA. — Bridge Investment Group has acquired Masons Keepe, a 270-unit property in Manassas for an undisclosed sum. Brian Crivella, Bill Gribbin, Yalda Ghamarian and Jack Canepa of Berkadia D.C. Metro along with Drew White of Berkadia Richmond arranged the sale on behalf of the seller, an entity doing business as University Village Apartments LLC. Located at 9000 Landings Drive, Masons Keepe was built in 2004 and consists of 17 buildings within a gated community. Units are offered as one- and two-bedroom floor plans. Brad Williamson of Berkadia Miami …

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21-Hollywood-Florida
FloridaLeasing & MarketingNewsSoutheast

Pre-Leasing Begins at 21 Hollywood in South Florida

by Lynn Peisner

HOLLYWOOD, FLA. — Starlife Group has launched pre-leasing at 21 Hollywood, a 200-unit luxury community in Hollywood, Florida. The 14-story mixed-use tower at 2100 N. Federal Highway includes 10,000 square feet of retail, a pool with private cabanas, fitness center with dedicated yoga and Pilates studio, coworking spaces, cinema room, game room, golf simulator, a children’s play area and a dog park and dog-washing station. Full project completion is slated for early 2027. Starlife is headquartered in Miami.

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Legends-Orlando
BerkadiaFinanceFloridaNewsSoutheast

Berkadia Arranges $85.4M Refinancing Loan for Two Orlando Properties

by Lynn Peisner

ORLANDO, FLA. — Boston-based Taurus Investment Holdings has obtained an $85.4 million loan to refinance two Orlando-area assets, The Summit at Metrowest and The Legends at ChampionsGate. Matt Robbins, Mitch Sinberg, Brad Williamson, Scott Wadler and Hugo Hernandez of Berkadia’s Miami and Boca Raton offices secured the financing. The lender was Walton Street Capital. The Summit at Metrowest is a 280-unit community comprised of one-, two- and three-bedroom units. The property is situated within the MetroWest master-planned community. The Legends at ChampionsGate is a 252-unit property made up of one- …

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Hamptons-at-Woodland-Pointe-Nashville
Investment SalesNewsSoutheastTennessee

American Landmark Apartments Acquires Hamptons at Woodland Pointe in Nashville

by Lynn Peisner

NASHVILLE, TENN. — American Landmark Apartments has acquired Hamptons at Woodland Pointe, a 240-unit community in Nashville, which will be rebranded as Woodland Pointe Residences. Built in 2001, the property is comprised of one-, two- and three-bedroom apartments homes and a pool, fitness center, clubhouse, business center, dog park, grills, a car-care center and controlled-access entry. The Nashville Business Journal reports the sales price was $51.5 million, and the seller was Seattle-based Security Properties Residential.

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Alexan-Lower-Greenville-Dallas
ColoradoFinanceNewsTexasVirginiaWestern

CBRE Arranges $380.2M Refinancing Loan for Crow Holdings

by Lynn Peisner

DALLAS — Crow Holdings has obtained a $380.2 million refinancing loan for a five-property portfolio totaling 1,549 units in Texas, Colorado and Virginia. Each was developed by Trammell Crow Residential in partnership with Crow Holdings. CBRE’s Dallas-based Andy Scott, Michael Cosby, Kris Lowe, Tom Burns and Bo Beidleman arranged the financing through AllianceBernstein. The assets include Alexan Lower Greenville in Dallas, Alexan Braker Pointe and Alexan Waterloo in Austin, Texas, Alexan Julian in Denver and Alexan Florence in Alexandria, Virginia. Trammell Crow Co. is owned by CBRE. Crow Holdings is …

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The-Hedrick-Kissimme
DevelopmentFinanceFloridaNewsSoutheast

Hedrick Brothers Obtains $56.5M Loan, Breaks Ground on 366-Unit Project in Kissimmee, Florida

by Lynn Peisner

KISSIMMEE, FLA. — Hedrick Brothers Development has obtained a $56.5 million construction loan for The Hedrick at Lake Toho, a 366-unit community along Toho Grande Boulevard in Kissimmee. Construction has commenced, with completion slated for the end of 2028. Pre-leasing is expected to begin in 2027. Located on approximately 22 acres, The Hedrick at Lake Toho will feature a mix of one-, two- and three-bedroom units complemented by a resort-style pool with cabanas and fire pit, clubhouse with coworking and gaming spaces, pickleball courts, a yoga lawn, dog park, pet …

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Regents-Park-Holly-Hill
FloridaInvestment SalesNewsSoutheast

Marcus & Millichap Arranges $4.6M Sale of Regents Park in Holly Hill, Florida

by Lynn Peisner

HOLLY HILL, FLA. — Marcus & Millichap has arranged the sale of Regents Park, a 32-unit property in Holly Hill, 3 miles north of Daytona Beach. The asset sold for $4.6 million. Jason Hague and Ned Roberts of Marcus & Millichap marketed the property on behalf of the seller, locally based Carrot Properties, and procured the undisclosed buyer. Located at 660 8th St., Regents Park totals 28,798 square feet across three two-story buildings on a 5.5-acre lot. The community was built in 1986, and approximately 80 percent of the units have …

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Westbourne-Ashley-Landing-Charleston
DevelopmentNewsSouth CarolinaSoutheast

Woodfield Development Breaks Ground on Westbourne Ashley Landing in Charleston

by Lynn Peisner

CHARLESTON, S.C. — Woodfield Development has acquired a portion of the 31-acre Ashley Landing redevelopment site for the construction of Westbourne Ashley Landing. The 285-unit community will serve as the multifamily component of the $348 million redevelopment of the former Ashley Landing enclosed mall. Once EDEN’s multi-phase redevelopment is complete, the site will feature approximately 240,000 square feet of retail, restaurant and commercial space anchored by Publix along with residential neighborhoods, public gathering areas and approximately 1 acre of central green space. Construction financing for Westbourne was provided by TD Bank …

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