Southeast

ECI Group Sells 260-Unit Corwyn South in Metro Atlanta

by Lynn Peisner March 11, 2026

MCDONOUGH, GA. — ECI Group has sold The Corwyn South Point Apartments in McDonough, 30 miles southeast of Atlanta, to Morgan Properties. Monthly asking rents for the one- to three-bedroom units range from $1,463 to $3,567, according to Apartments.com. Newmark’s David Gutting represented ECI Group in the transaction. Corwyn South Point residents have access to a 2,000-square-foot clubhouse with a kitchen; a fitness center with a yoga/spin room; a lounge with fireplace, TV and media center; a dog park; resort-style pool; and grilling and fire pit areas. Conshohocken, Pennsylvania-based Morgan …

March 11, 2026

Affordable Housing Investment Sales News Northeast Southeast Texas Western

TruAmerica Closes $708M Workforce Housing Fund

by Lynn Peisner March 11, 2026

LOS ANGELES — TruAmerica Multifamily has raised $708 million from investors that is being used to acquire $2 billion worth of workforce housing. Approximately $320 million has already been invested via the acquisition of 14 properties in nine cities. TruAmerica Workforce Housing Fund II will be used to buy Class B communities near major central business districts in markets that demonstrate supply-demand imbalances and limited inventory of attainable rental housing, according to the company. Target markets are located in the Southeast, Northeast, West Coast, Mountain West and throughout the Sun …

March 11, 2026

Finance Florida News Southeast

Advenir Azora Secures $24.4M Refinancing for Florida Property

by Lynn Peisner March 10, 2026

NEW SMYRNA BEACH, FLA. — Florida-based investment firm Advenir Azora has obtained a loan provided by Balbec Capital for approximately $24.4 million to refinance Lymestone Ranch in New Smyrna Beach. Jesse Wright, Joshua Odessky, Luke Maganas and Duncan Miller of JLL Capital Markets arranged the financing. Lymestone Ranch, located about 50 miles northeast of Orlando, was developed in 2004 on approximately 19 acres. The property features 216 one-, two- and three-bedroom units and amenity highlights that include a fitness center, a pool, clubhouse and a business center.

March 10, 2026

Development Georgia Investment Sales News Southeast

Alliance Residential Acquires Land in North Atlanta for 300-Unit Luxury Project

by Lynn Peisner March 10, 2026

ATLANTA — Alliance Residential Co. has acquired approximately 3.7 acres of land in Atlanta’s Vinings/Smyrna area for the development of Broadstone Lola, a 300-unit luxury property. Designed by Brock Hudgins Architects, Broadstone Lola will offer floor plans ranging from 600-square-foot junior one-bedrooms to 1,100-square-foot two-bedroom units. Interiors will include quartz countertops, stainless-steel appliances and plank flooring. Amenities include a resort-style saltwater pool and landscaped deck with grill stations, a grab-and-go market, a fitness center and a gaming lounge. The community will also offer a clubroom with an indoor fireplace, …

March 10, 2026

Affordable Housing Development News South Carolina Southeast

CF Evans Construction Breaks Ground on Hilton Head Workforce Project

by Lynn Peisner March 10, 2026

HILTON HEAD, S.C. — CF Evans Construction has broken ground on Northpoint on Jarvis Creek, a 157-unit workforce housing project on Hilton Head Island. The Town of Hilton Head Island, OneStreet Residential and Royal Bank of Canada Community Investments (RBC-CI) are leading the public-private development team. Under the terms of the partnership, the Town provides: a 65-year ground lease; $1 million to support eligible site work with contributions secured from the American Rescue Plan Fund; affordability covenants to maintain a workforce neighborhood in perpetuity; zoning entitlements; and long-term programming support. …

March 10, 2026

Finance Florida Investment Sales News 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

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