Southeast

Dermot Co. Obtains $110M Loan for Palm Beach Property

by Lynn Peisner March 9, 2026

PALM BEACH GARDENS, FLA. — The Dermot Co., in partnership with Dutch pension fund provider PGGM and TD Asset Management (TDAM), has acquired The Quaye, a 341-unit community in Palm Beach Gardens. Affinius Capital originated a $110 million loan to support the acquisition. Walker & Dunlop’s South Florida Investment Sales team, led by Still Hunter, arranged the sale, while Walker & Dunlop’s Aaron Appel, Dustin Stolly and Michael Ianno arranged the financing. The community is comprised of one-, two-, three- and four-bedroom apartments and townhomes. It is situated on a …

March 9, 2026

Investment Sales News North Carolina Southeast

Northmarq Arranges $41.4M Sale of Laurel View in Concord, North Carolina

by Lynn Peisner March 9, 2026

CONCORD, N.C. — Gamma Real Estate has sold Laurel View Apartments in Concord to Southwood Realty for $41.4 million. Northmarq’s Carolinas Investment Sales Team that arranged the sale was led by Andrea Howard, John Currin, Austin Jackson, Jeff Glenn and James Dorsett. Developed in 2017 on approximately 11 acres, the 174-unit property is located 20 miles northeast of Charlotte. The community features one-, two- and three-bedroom floor plans outfitted with luxury vinyl plank flooring, granite countertops, stainless steel appliances, walk-in closets and patios or balconies. Amenities include a fitness center, …

March 9, 2026

Development News North Carolina Southeast

Crescent Communities Buys Land for Future JV Project With Heitman in Winston-Salem, North Carolina

by Lynn Peisner March 6, 2026

WINSTON-SALEM, N.C. — Crescent Communities, in partnership with Heitman, has closed on a 21-acre land sale for the future development of HARMON Clemmons, a 154-unit build-to-rent community in Winston-Salem. The joint venture partners plan to break ground later this year. The site will be comprised of two-, three- and four-bedroom townhomes as well as a pool with a clubhouse and cabanas, a multipurpose green space and a lawn for outdoor events. Hagen Engineering will serve as the civil engineer, LandDesign as the landscape architect, Vinyet as the townhome architect, Cooper …

March 6, 2026

Development News North Carolina Southeast

Kane Realty Breaks Ground on Tributary Apartments in Raleigh, Announces 28-Acre Expansion and Next Phase of North Hills Innovation District

by Lynn Peisner March 5, 2026

RALEIGH, N.C. — Locally based Kane Realty Corp. (KRC) has broken ground on Tributary, a 332-unit community within the North Hills Innovation District (NHID) in Raleigh. Tributary, designed by the Washington, D.C.-based architectural firm of Hickok Cole, will include 6,000 square feet of ground-floor retail, two courtyards, a digital content creation studio and a wellness center. The general contractor is John Moriarty & Associates. Completion is slated for spring 2028. NHID is a walkable, mixed-use destination situated around a tributary of Big Branch Creek and preserved wetlands. KRC also announced …

March 5, 2026

Development News North Carolina Operations Southeast

Move-Ins Begin at Charlotte’s Queensbridge Collective Luxury High-Rise

by Lynn Peisner March 5, 2026

CHARLOTTE, N.C. — First move-ins are underway at VIVIAN, a 42-story building developed by Riverside Investment & Development and Woodfield Development. The skyline-changing project is comprised of 409 studios, one-, two- and three-bedroom units. The architect was Goettsch Partners. Interior design was led by Shelton Taylor Associates, with construction completed by Clark Construction Group. Amenities are distributed across multiple levels of the building, including a ninth-floor fitness center with indoor and outdoor components, a 10th-floor resident lounge featuring bowling and virtual golf, and a 42nd-floor rooftop pool deck with grilling …

March 5, 2026

Investment Sales News Southeast Virginia

Northmarq Arranges $39M Sale of 230-Unit Property in Prince George, Virginia

by Lynn Peisner March 5, 2026

PRINCE GEORGE, VA. — Aspen Oak Capital Partners has acquired Independence Place Apartments in Prince George for $39 million. Northmarq’s Charlotte, North Carolina-based investment sales team led by Ron Corrao, Eric Liebich, Scott Fuller, Dane Lozier, Matthew Weinstein and Dominic Bologna represented the undisclosed seller. The property, built in 2011, is situated on approximately 14 acres and includes 11 three-story garden-style buildings and an additional building that houses the clubhouse and leasing office. Independence Place’s amenity package consists of a 24-hour fitness center, resort-style pool, game room, sand volleyball and …

March 5, 2026

Company News News Operations South Carolina Southeast

Greystar Takes Over 7,895-Unit Portfolio

by Lynn Peisner March 4, 2026

CHARLESTON, S.C. — Lantower Residential, a Dallas-based operator and subsidiary of H&R REIT, is exiting the property management business. Greystar will take over management of Lantower’s approximately 7,895 units. The phased transition began Feb. 17. Greystar will assume management responsibilities for 23 multifamily communities, including two properties under development. As part of the transition, many of Lantower’s onsite and property leadership teams will join Greystar. H&R REIT is based in Toronto with a U.S. and Canadian portfolio comprised of residential, industrial and office properties totaling approximately 21.2 million square feet.

March 4, 2026

Adam-Smolyar-American-Landmark-Apartments

Company News Florida News People News Southeast

American Landmark Apartments Hires Adam Smolyar as CTO

by Lynn Peisner March 3, 2026

TAMPA, FLA. — Tampa-based owner-operator American Landmark Apartments has hired Adam Smolyar as chief technology officer. In his role, Smolyar will oversee core systems, data architecture, cybersecurity, data analytics and resident-facing platforms. He is responsible for ensuring the firm’s platforms are scalable and reliable and will partner with American Landmark’s executive leadership team to streamline technology solutions and financial systems. In Smolyar’s recent experience, he served as director of innovation initiatives and tech investments at UDR. Prior to that, he was chief marketing and technology officer at the Urban Land …

March 3, 2026

Development Georgia News Southeast

Thompson Thrift to Develop 300-Unit Lineage in Atlanta Suburb

by Lynn Peisner March 3, 2026

DACULA, GA. — Thompson Thrift has unveiled plans for Lineage, a 300-unit community situated on 15 acres about 30 miles northeast of Atlanta. Lineage marks the Terre Haute, Indiana-based developer’s 100th multifamily project. Completion is slated for April 2028. PNC Bank is the construction lender. Amenities complementing the one-, two- and three-bedroom units include a dedicated event space available for private rental, a golf simulator, fitness center, resort-style heated pool, a pickleball court, coworking and conference spaces, a pet spa and dog park.

March 3, 2026

Alabama Mississippi News North Carolina Operations Southeast

RKW Selected to Manage Three Properties in the Southeast

by Lynn Peisner February 27, 2026

CHARLOTTE, N.C. — RKW Residential has been awarded new property management assignments at three communities. In Pineville, North Carolina, RKW is now managing ABODE at Miller Farm, a 98-unit build-to-rent townhome property owned by Edgewater Ventures. On behalf of owner Quadrant Communities, RKW is also managing two 240-unit properties operated under The Edison brand — The Edison at the Shores in Foley, Alabama, and The Edison at Colonnade Crossing in Oxford, Mississippi.

February 27, 2026

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