HIALEAH, FLA. — Coldwell Banker Commercial Realty has arranged the $21.2 million sale of a 74-unit property at 1350 W. 46th St. in Hialeah. Coldwell Banker’s Alex Lizama represented the seller, Royal Income Properties, in the deal. The buyer was a private investment group requesting anonymity. Built in 1972, the property spans approximately 44,940 square feet. The one- and two-bedroom units are complemented by amenities that include a pool and controlled access.
SARASOTA, FLA. — Indianapolis-based owner-developer Milhaus has closed on a construction loan and land sale and has broken ground on Tallevast, a 231-unit project in Sarasota. BMO provided construction financing, Marble Capital is an equity partner, and FaverGray is serving as general contractor. Completion is slated for November 2027. Located at 2750 Tallevast Road, the property is about three miles east of Sarasota Bradenton International Airport. The community will be comprised of five three-story garden-style buildings that will house studio to three-bedroom apartments ranging from 617 to 1,357 square feet. …
WELLFORD, S.C. — Northmarq has arranged the $41 million refinancing of Evolve New Hope Farm, a 280-unit property in Wellford owned by Greensboro, North Carolina-based Evolve Cos. BlackRock was the lender. Northmarq’s West Palm Beach debt and equity team was led by Chris Hammel. Built in 2024, Evolve New Hope Farm features one-, two- and three-bedroom units and amenities such as a clubhouse, a resort-style pool, pickle ball court, a community garden, outdoor kitchens, walking trails and a lake, electric vehicle charging stations, a fitness center with yoga and cycling …
MONROE, N.C. — JLL Capital Markets has arranged $53.5 million in debt and equity for the construction of Skyview at Aria, a 338-unit development in Monroe, 27 miles southeast of Charlotte. South Carolina-based Aria Communities is the developer/borrower. The $42.7 million loan was secured through United Bank Inc. Parse Capital provided the preferred equity. Completion of the project, located on 22 acres at 3613 W. Highway 74, is slated for 2027 and will include a mix of one-, two- and three-bedroom units. Amenities will include a center courtyard with a …
HUNTERSVILLE, N.C. — Woodfield Development has completed Merritt Apartments, a 354-unit property in the Charlotte suburb of Huntersville. The project team included Fosselman Construction as the general contractor, Housing Studio as the architect, and Shelton Taylor Associates overseeing interior design. Leasing began in December 2025. Situated on approximately 23 acres at 13111 Tadeo Drive, Merritt Apartments offers a mix of studio, one-, two- and three-bedroom units, ranging from 758 to 1,813 square feet. Select residences include private fenced yards, mudroom-style entries or built-in shower benches, along with smart thermostats and …
TAMPA, FLA. — The City of Tampa has selected PMG Affordable to lead a redevelopment in North Downtown Tampa that will include 1,150 units of new rental housing, 70 percent of which will be affordable. Specific rent restrictions, a project cost or development timeline were not disclosed. The city-owned land consists of four properties including an Army-Navy surplus store that was in business from 1938 until 2013. The development team also includes the Tampa Housing Authority, Bank of America Community Development Co. and DuCon, a Florida-based development and construction firm. …
GERMANTOWN, TENN. — Locally based Fogelman Properties has acquired The Vineyards of Germantown, a 200-unit community approximately 20 miles east of Memphis, Tennessee. Fogelman acquired the asset through a joint venture with Dallas-based Thackeray Partners, marking the 18th acquisition for the Fogelman-Thackeray partnership. The Vineyards was built in 1997 and was 93 percent occupied at the time of the sale. Units are offered as one-, two- or three-bedroom floor plans. Fogelman is planning to renovate unit interiors, build a new pickleball court, and complete upgrades to the clubhouse, pool, fitness center …
TAMPA, FLA. — Crescent Communities has broken ground on HARMON Ashton Oaks in Tampa, marking the sixth and final collaboration of the first round of joint-venture developments with Heitman. The 115-unit townhome community is in the Wesley Chapel neighborhood of the Tampa metro region. Set across 28 acres at the intersection of State Road 54 and Ashton Oaks Boulevard, HARMON Ashton Oaks will be complete later this year. The community consists of three- and four-bedroom, two-story townhomes averaging approximately 1,800 square feet. Amenities include a resort-style pool with cabanas and …
CHARLOTTE, N.C. — RangeWater Real Estate and equity partner ParkProperty Capital plan to break ground in late March on an unnamed project in the NoDa (North Davidson) area of Charlotte. First move-ins are slated for completion by 2027. RangeWater’s in-house contractor RangeWater Construction will serve as builder, marking the subsidiary’s fifth overall project and its first in North Carolina. The 16.7-acre site at 200 Atando Ave. will be home to 316 studio through three-bedroom units and amenities such as a pool courtyard with outdoor dining and grilling areas, a flexible …
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 …
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