Southeast

Hunters-Branch-Fairfax
DevelopmentNewsNortheastVirginiaWashington, D.C.

Insight Property Groups Starts $174M Apartment Phase of Northern Virginia Office Redevelopment

by Lynn Peisner

FAIRFAX, VA. — Locally based Insight Property Group has begun construction of a 452-unit apartment community on the site of the Hunters Branch office complex in Fairfax, 20 miles west of Washington, D.C. The Hunters Branch site is home to two vacant office towers totaling 400,000 square feet. Insight acquired the site for $28.9 million in a real estate owned (REO) transaction in November 2024. In March of this year, Insight sold a portion of the Hunters Branch property to Toll Brothers for $17 million. Toll Brothers will develop 76 …

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Newnan-Crossing-Newnan
DevelopmentGeorgiaNewsSoutheast

Wood Partners Breaks Ground on Alta Newnan Crossing in Metro Atlanta

by Lynn Peisner

NEWNAN, GA. — Wood Partners has broken ground on Alta Newnan Crossing in Newnan, 40 miles southwest of Atlanta. Alta Newnan Crossing features 274 apartment units in a mix of one-, two- and three-bedroom layouts as well as seven townhomes, each with three bedrooms, two bathrooms and a two-car garage. Amenities include a clubhouse, fitness room, package room, coworking space, a courtyard and resort-style pool. The site will also provide connectivity to the LINC Trail, Newnan’s multi-use path system. Completion is slated for fall 2027.

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Evolve-Crossing-Burlington
DevelopmentFinanceNewsNorth CarolinaSoutheast

Northmarq Arranges $38M for Construction of Evolve Crossing in Burlington, North Carolina

by Lynn Peisner

BURLINGTON, N.C. — Northmarq has arranged $38 million in construction financing for Evolve Crossing, a 210-unit community Evolve Cos. is developing in Burlington. Northmarq’s Chris Hammel arranged the loan through lender CrossHarbor Capital Partners. Evolve Crossing will be a garden-style community featuring one-, two- and three‑bedroom units with such amenities as a resort-style pool with lounge, outdoor kitchens, parking, coworking space, a gym with a yoga studio and a dog park with pet spa station. Completion is slated for 2028. Evolve Cos. is a Greensboro, North Carolina-based investment and development …

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Pointe-Grand-Interbay-Tampa
Affordable HousingDevelopmentFloridaNewsSoutheast

Hillpointe Obtains $67M in Financing, Breaks Ground on Tampa Affordable Housing Development

by Lynn Peisner

TAMPA, FLA. — Hillpointe has secured $67 million in construction financing and broken ground on Pointe Grand Interbay at Tampa, a 408-unit community in South Tampa. Built under the state’s Live Local Act, an affordable housing law that gives developers zoning, height and density incentives for projects that include workforce or affordable housing, the residences, all two-bedroom, two-bath floor plans, will be reserved for renters earning no more than 80 to 120 percent of area median income. Hillpointe Construction, the Winter Park, Florida-based firm’s in-house general contractor, is leading the …

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Benjamin-Collins-Crescent-Communities
Company NewsNorth CarolinaPeople News

Crescent Communities Promotes Benjamin Collins to President of Multifamily

by Lynn Peisner

CHARLOTTE, N.C. — Crescent Communities has promoted Benjamin Collins to president of multifamily. Collins succeeds Jay Curran, who previously served in the role and was named chairman and chief executive officer of the Charlotte-based investor, developer and operator in April. In his new position, Collins will lead the strategic direction, growth and performance of the company’s multifamily platform, which develops communities under the NOVEL brand. He will oversee development, investment and operations across Crescent Communities’ platform nationwide.

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Design-panel-web
Affordable HousingArchitecture & DesignConference CoverageFeaturesSoutheastSustainable/LEED

Architects Leverage Creative Design, Advanced Technology to Build Affordable Housing in the Southeast 

by Lynn Peisner

By Matthew Auchincloss   The dire need for more affordable rental housing across the country has been well-documented, but the pathway to delivery is full of potential pitfalls, says Ian Hunter, regional director at Dwell Design Studio, who operates out of the architectural firm’s Atlanta office. In short, there are several ways for projects to “get stuck,” he points out.    At the top of the list is funding, but the entitlement process, design, construction costs and operations are also potential impediments to getting an affordable housing project from conception to inception.   …

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Forrest-Brook-Fort-Smith
ArkansasInvestment SalesNewsSoutheast

Colliers Arranges $8M Two-Property Sale in Arkansas

by Lynn Peisner

FORT SMITH, ARK. — Colliers has arranged the $8 million sale of two properties in Fort Smith. The assets traded between two undisclosed entities. The portfolio includes Forrest Brook Apartments, located at 3014 Presley St., and Stone Creek Apartments at 2851 Xavier St. Stone Creek was developed in 2008. Forrest Brook was built in 1985. Existing property management is expected to remain in place through and after the ownership transition.

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Woodrow-House-Atlanta
DevelopmentGeorgiaLeasing & MarketingNewsOperationsSoutheast

Woodfield Development Begins Pre-Leasing at Woodrow House on Atlanta’s Westside Beltline Trail

by Lynn Peisner

ATLANTA — Woodrow House, a 325-unit mixed-income community under construction along Atlanta’s Westside Trail, has reached its full structural height, marking the start of pre-leasing. Woodfield Development’s project includes a mix of mid-rise apartment buildings, two-story “live-work units” and townhomes, as well as approximately 12,000 square feet of retail space fronting the new Beltline spur along Woodrow Street. The Beltline is former rail corridor turned urban trail and redevelopment loop around Atlanta. Initial townhome deliveries are slated for July, and the first multifamily units are anticipated to be complete in …

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Venture-on-the-Trail-Greenville
DevelopmentFinanceNewsSouth CarolinaSoutheast

13th Floor Secures $47M Construction Loan, Breaks Ground on Phase I of 250-Acre Mixed-Use Project in Greenville, South Carolina

by Lynn Peisner

GREENVILLE, S.C. — Miami-based developer 13th Floor Investments has secured a $47 million construction loan from CIBC and broken ground on the 222-unit Venture on the Trail in Greenville. The project, located at 301 Alston St., marks the first phase of 13th Floor’s On the Trail mixed-use development, which covers 250 acres along Greenville’s Swamp Rabbit Trail, a 28-mile multi-use greenway. Completion of Venture on the Trail is slated for 2027. Apartments will range from studios to three-bedroom units measuring between 600 and 1,350 square feet. Amenities will include a …

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Villages-of-Hayti-Durham
Affordable HousingDevelopmentNewsNorth CarolinaSoutheast

Gilbane Breaks Ground on Villages of Hayti Affordable Housing Redevelopment in Durham, North Carolina

by Lynn Peisner

DURHAM, N.C. — Gilbane Development, along with several project partners, has broken ground on Villages of Hayti, a 252-unit affordable housing community in the Hayti neighborhood of Durham. Gilbane’s partners include the Durham Housing Authority and Durham Community Partners, a group consisting of Harmony Housing Affordable Development and F7 Development. The Hayti Community Advisory Committee also participated. The project is a redevelopment of a 20-acre former public housing site called Fayette Place. Villages of Hayti is structured as a Low‑Income Housing Tax Credit (LIHTC) development and will provide homes rented …

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