TUCKER, GA. — Crescent Communities has begun construction of RENDER Tucker, a four-story community 20 miles northwest of Atlanta. RENDER Tucker is situated on 13 acres and contains 312 units. The project will include an entry park and arrival lawn, a clubhouse, hammock zones and swings, a pool, a fireplace and fire pit, a dog park, grills and a community garden. Completion is slated for summer 2027. Chuo Nittochi Group is serving as the equity partner on the project, and Santander Bank is the lender. Additional partners include Focus Design …
Southeast
Crescent Communities to Develop Office Tower and Multifamily in Buckhead Atlanta Project
ATLANTA — Crescent Communities has announced plans to develop 3600 Peachtree, a mixed-use project in the Buckhead neighborhood of Atlanta. The development plans call for a 375,000-square-foot, 21-story Class A office tower complemented by a 300-unit NOVEL by Crescent Communities luxury multifamily component. The developer also is planning for street-level food and beverage tenants and community-wide amenities that will be anchored by approximately 10,000 square feet of shared indoor amenities with direct access to an elevated 19,000-square-foot landscaped outdoor terrace overlooking Buckhead. Project partners include HSR Development Services (development), Partners …
NORTH CHESTERFIELD, VA. — Dominion Realty Partners has sold Boulders Lakeview, a 212-unit property in North Chesterfield, approximately 11 miles west of Richmond, Virginia. Drew White, Carter Wood, Cole Carns and Matt Straughan of Berkadia Richmond arranged the transaction on behalf of the seller. American Landmark of Tampa, Florida, acquired the property for an undisclosed sum. Located at 1501 Boulder Spring Terrace, Boulders Lakeview is a 2023-built, garden-style property offering a mix of one- and two-bedroom units. Amenities include a resort-style pool with a firepit lounge and cabanas, a clubhouse, …
MONROE, N.C. — FCP, a Chevy, Chase, Maryland-based investment firm, has acquired Cottages of Monroe, located 26 miles southeast of Charlotte, for approximately $41.3 million. The asset was previously named Yardly Monroe and is comprised of 151 one-story, semi-detached single-family residences that were built in 2024. Greystar has been hired to manage the property. Units are offered as one- or two-bedroom floor plans with enclosed back yards. Amenities include a resort-style pool, grills, a fitness center, walking path, a dog park, outdoor dining areas and firepits. The seller, represented by …
NASHVILLE, TENN. — Dominium has acquired land at 865 W. Trinity Lane in Nashville for the future development of Evermere at Trinity, a 233-unit, LIHTC-backed affordable housing community. Weis Construction is the general contractor. Homes will include private balconies, full-sized washers and dryers, walk-in closets, stainless steel appliances and high-speed internet. A fitness center, pool and playground are among the amenity highlights. Neither a construction timeline nor rent restrictions were disclosed. Within the past year, Dominium has also acquired land in Nevada, Arizona and Oklahoma for additional upcoming affordable housing …
JV Secures $100M Construction Loan, Breaks Ground on South Florida Transit-Oriented Project
BOCA RATON, FLA. — A joint venture between South Florida-based developer 13th Floor Investments and Boston-based private equity firm Rockpoint has obtained a $100 million construction loan from Santander Bank for Link at Boca, a 340-unit property with 24,000 square feet of retail space in Boca Raton. The project was announced in 2025. Construction is expected to begin later this month. The developers estimate the project will be complete within two years. The project, located at 680 Yamato Road, is adjacent to the Boca Raton Tri-Rail station, which is a …
SUNRISE, FLA. — David Schwadrom has sold Lakeside Villas, a 116-unit, build-to-rent property in Sunrise, 36 miles north or Miami, for $23 million. The buyer is a joint venture consisting of MAP Communities, Highline Real Estate and 340 Properties. JLL arranged a $15.5 million acquisition loan on behalf of the buyer, while Marcus & Millichap arranged the sale on behalf of Schwadrom. The asset, built in 1984, had not traded during the past 30 years, approximately. The property sits on 14 acres and features single-family, two-bedroom, two-bathroom villas with private …
MCLEAN, VA. — Berkadia has arranged the sale Kingston at McLean Crossing, a 319-unit property in McLean that was developed in 2018. JLL Income Property Trust and LCOR were the sellers. Pantzer Properties was the buyer. The deal closed on Jan. 30, at which time the asset was 96 percent occupied. Berkadia’s Brian Crivella, Yalda Ghamarian, Bill Gribbin and Jack Canepa of Berkadia DC Metro represented the sellers. Since the acquisition, Pantzer has rebranded the asset The Point at McLean. Located at 7480 Birdwood Ave., Kingston at McLean Crossing comprises …
AUGUSTA, GA. — Affordable housing finance firm Churchill Stateside Group has arranged and closed a $14 million FHA 223(f) loan for Lakeview Terrace, a recently completed, 200-unit community in Augusta restricted to households earning no more than 60 percent of area median income. The FHA 223(f) loan provides long-term, fixed-rate financing for existing multifamily properties, including newly constructed communities transitioning from construction to permanent financing. In addition to the loan, the project also was funded by 4 percent federal and state low-income housing tax credits. Details about the development team …
TAMPA, FLA. — ARK Homes For Rent has completed and opened Parkside, a 75-unit rental townhome community in Tampa. Units are offered as three- and four-bedroom floor plans, and amenities include walking paths and a dog park. Monthly asking rents start at $1,995. ARK Homes For Rent also offers a mobile app that helps residents pay rent, submit maintenance requests and work orders, access HOA information and shop in a tailored marketplace. It also includes access to the ARK Living platform, which provides custom health content and on-demand wellness features.