Southeast

Brookridge-Nashville
Affordable HousingInvestment SalesNewsSoutheastTennessee

Blackfin, Enterprise Community Partners Buy Brookridge Apartments in Nashville for $26M

by Lynn Peisner

NASHVILLE, TENN. — Blackfin Real Estate Investors and Enterprise Community Partners have acquired the 177-unit Brookridge Apartments in the South Nashville neighborhood of Antioch for $26 million. The acquisition was backed by an Enterprise equity fund that supports joint ventures on properties where affordable rents can be preserved. “As costs continue to rise in high-growth markets like Nashville, preserving existing affordable and workforce housing is more important than ever,” said Lianna Petroski, senior vice president, head of acquisitions and deputy fund manager at Enterprise. Located at 100 Brookridge Trail, Brookridge …

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The-Emerald-Centerton
ArkansasDevelopmentNewsSoutheast

Capstone Building Corp., EYC and Kalikow Break Ground on $45.1M Project in Northwest Arkansas

by Lynn Peisner

CENTERTON, ARK. — Capstone Building Corp., a multifamily general contractor headquartered in Birmingham, Alabama, has begun construction of The Emerald, a 256-unit community in Centerton in Northwest Arkansas, about 5 miles west of Bentonville. Westbury, New York-based The Kalikow Group and EYC Cos., headquartered in Charleston, South Carolina, are the developers behind the $45.1 million project. Located at the intersection of E. Centerton Blvd. and Womack Road, The Emerald will encompass 312,414 square feet and feature 256 units across nine residential buildings, along with a clubhouse. S. Robert Andron is …

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Village-of-Pine-Hills-Orlando
Affordable HousingDevelopmentFloridaNewsSoutheast

Ability Housing Breaks Ground on $35.7M Orlando Affordable Housing Development

by Lynn Peisner

ORLANDO, FLA. — Ability Housing has broken ground on the 96-unit Village of Pine Hills in the northwest Orlando neighborhood of Pine Hills. The development is located on approximately 9 acres at 5121 North Pine Hills Road. Plans call for three three-story residential buildings comprising a mix of one-, two- and three-bedroom apartments with rent restrictions ranging from 22 to 60 percent of area median income. Amenities will include a community center with a computer lab, a library and flexible spaces for workshops, training and events. Residents also will have …

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Novel-Douglasville
DevelopmentGeorgiaNewsSoutheast

Crescent Communities Opens NOVEL Douglasville in Metro Atlanta

by Lynn Peisner

DOUGLASVILLE, GA. — Crescent Communities has opened NOVEL Douglasville, a 300-unit community 20 miles west of Atlanta in The Trails mixed-use development. NOVEL Douglasville consists of five four-story buildings with one-, two- and three-bedroom units. Amenities include a resort-style pool, grills, firepit, open-air event and game lawn, a clubroom with a TV and full kitchen, and a covered porch with an outdoor fireplace. Further features include a coffee cafe and coworking space, fitness center, dog park and dog-wash stations.

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Whitmore-Charleston
DevelopmentNewsSouth CarolinaSoutheast

Thompson Thrift Breaks Ground on First Project in South Carolina

by Lynn Peisner

NORTH CHARLESTON, S.C. — Thompson Thrift has broken ground on The Whitmore at Ingleside, situated within the 1,500-acre Ingleside master-planned community in North Charleston. The 327-unit project marks the Indiana-based developer’s first in South Carolina. The Whitmore at Ingleside site is approximately 19 acres. The community will include studio, one-, two- and three-bedroom floor plans and a resort-style pool, 24-hour fitness center, pickleball court, pocket park, electric firepit gathering areas, grilling stations, pet spa, two dog parks and a social lounge with billiards, coffee bar, focus suites, conference room and …

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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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