Southeast

3030-Maybank
Build-to-RentDevelopmentNewsSouth CarolinaSoutheast

Center Park Group, Berry Co. Underway on BTR Development Near Charleston

by Lynn Peisner

JOHNS ISLAND, S.C. — General contractor Center Park Group and developer The Berry Co. are developing 3030 Maybank, a 72-unit build-to-rent project on a 9-acre site in Johns Island, 11 miles south of Charleston, South Carolina. Vertical construction began in April 2026, with the first homes slated for completion in November of this year. Each home will include three bedrooms, an open-concept living area, private balcony, attached one-car garage and driveway parking. Amenities will include a playground, dog park, gazebo and hammocks, along with landscaped common areas and sidewalks throughout …

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Aviara-East-Pompano
FloridaInvestment SalesNewsSoutheast

Cushman & Wakefield Brokers Two-Property South Florida Sale

by Lynn Peisner

POMPANO BEACH AND LAKE WORTH, FLA. — Cushman & Wakefield has arranged the sale of the Aviara Portfolio totaling two properties and 264 units in South Florida. The seller was Aviara Florida and the buyer was CSL. Cushman & Wakefield’s Roberto Pesant, Jose Mota and Wouter Lips represented both buyer and seller. The portfolio includes Aviara East Pompano, located at 1621 S. Dixie Hwy. in Pompano Beach, a 228-unit community built in 2024 that features a resort-style pool, fitness center, pet-friendly common areas, gated access and covered parking; and Aviara …

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David-Nelson
Industry VoicesInvestment SalesOperationsSoutheastTennessee

Nashville’s Fundamentals and a Resilient Labor Market Strengthen the City’s Multifamily Outlook

by Lynn Peisner

By David Nelson  When considering the attributes of Nashville, a thriving music industry often first comes to mind. The city is dubbed Music City, after all, and has spawned a variety of successful country music artists.  Nashville is more than twang and chart-toppers, however. It’s Tennessee’s capital and most populous city, home to more than 2.1 million residents in the metro area, with an economy anchored by major employers in healthcare, government, education and manufacturing.  Its unique dynamics also make it a market to strongly consider for multifamily investment. Nashville’s …

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Aston-at-Longleaf-Melbourne
DevelopmentFinanceFloridaNewsSoutheast

Eastwind Development Secures $45.5M Construction Loan for Space Coast Project

by Lynn Peisner

MELBOURNE, FLA. — Palm Beach Gardens, Florida-based Eastwind Development has broken ground on The Aston at Longleaf on Preserve Drive in Melbourne. Construction of the 264-unit community began after Eastwind acquired the 17-acre site and secured a $45.5 million construction loan provided by TD Bank. Amenities at The Aston include a 10,000-square-foot clubhouse featuring a community lounge, game room, fitness center with an adjoining spin room and a coworking lounge. Outside, residents have access to a resort-style pool with private cabanas, an outdoor kitchen, firepit, yoga lawn, games lawn, dog …

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The-Triangle-Miami
Affordable HousingDevelopmentFloridaNewsSoutheast

DFRE Begins Construction of $35M Workforce Project in Miami

by Lynn Peisner

MIAMI — Locally based developer DFRE has broken ground on The Triangle, a $35 million workforce housing project in Miami’s Health District. The community will include 112 units reserved for households earning up to 120 percent of area median income. Amenities at the eight-story project include a 10,000-square-foot pool terrace and a 3,500-square-foot fitness center featuring a health food and juice bar, complemented by private fitness studios and dedicated cardio rooms across the second through fourth levels. Bike storage a clubroom, package room and parking round out the amenity offerings. …

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Park24-Nashville
Affordable HousingDevelopmentNewsSoutheastTennessee

Holladay Opens 140-Unit Affordable Housing Community Park24 in Nashville

by Lynn Peisner

NASHVILLE, TENN. — Holladay Ventures, in partnership with the Urban League of Middle Tennessee (ULMT), has completed and opened Park24, a 140-unit, mixed-use affordable housing community at 660 Joseph Ave. in the McFerrin Park neighborhood of East Nashville. Units are reserved for renters earning 30 to 80 percent of area median income. The project was 81 percent leased as of Sept. 1. Financing partners included Amazon Housing Fund, U.S. Bancorp Impact Finance and Cedar Rapids Bank and Trust. The project also was backed by a $2 million grant from the …

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The-Harlow-Wesley-Chapel
BerkadiaFinanceFloridaNewsSoutheast

Berkadia Arranges $44M Refinancing of The Harlow in Metro Tampa

by Lynn Peisner

WESLEY CHAPEL, FLA. — Berkadia has arranged a $44 million loan to refinance The Harlow, a 248-unit community completed in 2024 in Wesley Chapel, 23 miles north of Tampa, Florida. Walton Street Capital provided the three-year, floating-rate loan that takes out the property’s existing construction debt. The borrowers are Mast Capital and Rockpoint. The Harlow is a four-story community on approximately 16 acres that is comprised of one-, two- and three-bedroom residences and a resort-style pool, fitness center, walking trail, electric vehicle charging stations, detached garages and coworking spaces, which …

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Upland-Park-Miami
DevelopmentFinanceFloridaNewsSoutheast

Terra Obtains $245M in Permanent Financing for First Phase of Miami’s Upland Park Project

by Lynn Peisner

MIAMI — Locally based development firm Terra has secured $245 million in takeout financing following the completion and stabilization of Phase I of Upland Park, a $1 billion, 47-acre mixed-use development in Miami. Slate Property Group was the lender. Designed by PPK Architects, in collaboration with master plan architect Arquitectonica and urban planners Plusurbia Design, Upland Park will be built in multiple phases. Future phases will include additional mid-rise and garden-style apartments, retail and commercial space. Construction of the project’s second residential phase, which will add another 484 apartments, is …

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Portofino-Place-Apartments-WPB
FloridaInvestment SalesNewsSoutheast

Fairfield Acquires 812-Unit Portofino in West Palm for $208M

by Lynn Peisner

WEST PALM BEACH, FLA. — San Diego-based Fairfield Residential has acquired the 812-unit Portofino Place in West Palm Beach. The asset sold for $208 million, and the seller was Atlanta-based Cortland Partners, according to the South Florida Business Journal. Located at 4400 and 4600 Portofino Way, the property is comprised of one-, two- and three-bedroom apartments as well as two-story lofts and four resort-style pools. Additional amenities include a 24-hour fitness center, yoga studio, pickleball and tennis courts, indoor basketball court, coworking space, dog park, guest suite accommodations and multiple social …

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Meadow-Glen-Village-Fairburn
DevelopmentGeorgiaLeasing & MarketingNewsSoutheast

Portman Completes, Begins Leasing Meadow Glen Village in Metro Atlanta

by Lynn Peisner

FAIRBURN, GA. — Portman has completed and opened Meadow Glen Village, a 332-unit development in the Atlanta suburb of Fairburn. The community is comprised of one- and two-bedroom units across nine residential buildings. Apartments feature stainless steel appliances, luxury vinyl plank flooring, walk-in closets and private balconies. The project also includes a central town green and 12,200 square feet of retail. Meadow Glen Village features a resort-style pool with grilling areas, a dog park and green spaces. Summit Contracting Group was the general contractor.

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