Southeast

Water Tower Apartments in Greenville, South Carolina

Hathaway Cos. Buys Community in Greenville, South Carolina, for $45.5 Million

by Channing Hamilton February 19, 2025

GREENVILLE, S.C. — Hathaway Cos. has purchased Water Tower Apartments, a 233-unit community located at 1000 Water Tower Circle in Greenville, for $45.4 million. The seller was Urban Realty Partners. JLL Capital Markets represented the seller in the deal and originated an acquisition loan on behalf of the buyer. John Gavigan, John Mikels and Chase Monroe led the JLL Capital Markets investment and sales advisory team. Brad Woolard and Taylor Allison spearheaded the debt advisory team. Built in 2024, Water Tower Apartments offers a mix of studios, one-, two- and …

February 19, 2025

Stillwell Pasco Station in San Antonio, Florida

Build-to-Rent Development Florida News Southeast

Coastal Ridge Breaks Ground on 277-Unit Build-to-Rent Project Near Tampa, Florida

by Channing Hamilton February 18, 2025

SAN ANTONIO, FLA. — Coastal Ridge has begun construction on Stillwell Pasco Station, a 277-unit build-to-rent development in San Antonio, roughly 30 miles north of Tampa, Florida. The community will offer a mix of one-, two and three-bedroom residences measuring up to 1,300 square feet. The first units are slated for completion in early 2026. The single-bedroom residences will be designed as attached duplex-style homes, while the two- and three-bedroom houses will be detached. Select units will feature private one-car garages. Amenities will include a 5,000-square-foot clubhouse and fitness center, …

February 18, 2025

Georgia News People News Southeast

Enterprise Appoints Christie Cade as Vice President of Southeast Market

by Channing Hamilton February 17, 2025

ATLANTA — Enterprise Community Partners, an Atlanta-based affordable housing nonprofit organization, has appointed Dr. Christie Cade as Vice President of the Southeast Market. In this position, Cade will lead Enterprise’s affordable housing and community development efforts in Georgia, Florida, North Carolina, South Carolina, Alabama and Tennessee. Cade will coordinate investment to support affordable housing production, provide training and technical assistance to support preservation and faith-based development and advocate for housing policies at the state and local levels. Previously, Cade served as regional vice president for the southern region at NeighborWorks …

February 17, 2025

Development Georgia News Southeast

Middle Street, AECOM-Canyon Nearing Completion on Two-Tower Midtown Atlanta Project

by Channing Hamilton February 14, 2025

ATLANTA — A joint venture between developers Middle Street Partners and AECOM-Canyon Partners is underway on The Juniper and The Reserve at Juniper, a two-tower multifamily project totaling 487 apartment units. The development is located at 1081 Juniper St., a block from Piedmont Park in Midtown Atlanta. The Juniper will feature 320 units across 37 stories. The top floor will be dedicated to amenity space, including coworking suites, a fitness center and a hot yoga studio. Adjacent to The Juniper, The Reserve at Juniper will comprise 167 apartments across 34 …

February 14, 2025

Development News North Carolina Southeast

Riverside, Woodfield Top Out 42-Story High-Rise Project in Charlotte, North Carolina

by Channing Hamilton February 13, 2025

CHARLOTTE, N.C. — Riverside Investment & Development and Woodfield Development have topped out a 42-story high-rise community in Charlotte. Goettsch Partners designed the building, which consists of 409 units. Clark Construction Group is the general contractor. The tower is the multifamily component of the Queensbridge Collective mixed-use project. The development also features a 35-story office tower, roughly 30,000 square feet of retail space and 90,000 square feet of amenity space, including more than two acres of indoor and outdoor fitness, recreation and entertainment spaces. The apartment community will also include …

February 13, 2025

Affordable Housing Development Florida News Southeast

Housing Trust Group Breaks Ground on $185 Million Mixed-Use Project in Miami

by Channing Hamilton February 12, 2025

MIAMI — Housing Trust Group (HTG) has broken ground on Rainbow Village, a $185 million mixed-use development with 310 affordable housing units in Miami. Spanning 698,000 total square feet, Rainbow Village will also offer about 12,000 square feet of retail space, 50,000 square feet of amenity space and 442 parking spaces. Located at 2000 NW 3rd Ave., Rainbow Village will offer 30 studios, 163 one-bedroom units, 85 two-bedroom residences, 28 three-bedroom units, and 4 four-bedroom apartments. The community will be reserved for households earning at or below 30, 50, 60, 70 …

February 12, 2025

Development Finance News North Carolina Southeast

Turnbridge Equities Receives $51.2 Million Construction Loan for Build-to-Rent Project Near Raleigh, North Carolina

by Channing Hamilton February 11, 2025

KNIGHTDALE, N.C. — Turnbridge Equities has received a $51.2 million construction loan for Mailman Post, a 302-unit build-to-rent (BTR) development in Knightdale, about 12 miles east of Raleigh, North Carolina. Paul Spellman, Chris Peck and Ward Smith of JLL Capital Markets arranged the non-recourse loan through a regional bank. Mailman Post is located on 74 acres at 409 and 438 Mailman Rd. The community will feature a mix of two- through five-bedroom units with an average size of approximately 1,650 square feet. Each unit will include a backyard, garage and …

February 11, 2025

Investment Sales News Southeast Tennessee

IPA Arranges $52 Million Sale of Stonehenge Near Nashville, Tennessee

by Channing Hamilton February 10, 2025

LEBANON, TENN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Stonehenge, a 228-unit community in Lebanon, about 20 miles east of Nashville. The asset traded hands for $52 million. The buyer and seller were not disclosed. Built on a 13-acre site in 2023, Stonehenge offers units ranging from one- to three-bedrooms. Amenities include a saltwater pool, clubhouse, fitness center and entertainment lounge. David Stollenwerk, Will Balthrope and Drew Garza of IPA represented the seller and procured the buyer in the transaction. Additionally, …

February 10, 2025

Society Nashville in Nashville, Tennessee

Development Finance News Southeast Tennessee

Joint Venture Tops Out $197 Million Development in Nashville, Tennessee

by Channing Hamilton February 7, 2025

NASHVILLE, TENN. — A joint venture consisting of PMG, New Valley Realty and RMWC has topped out Society Nashville, 16-story mixed-use development located at 915 Division St. in The Gulch neighborhood of Nashville. Society Nashville will feature 502 apartment units, as well as 8,400 square feet of retail space and 485 parking spaces. The first move-ins at Society Nashville are expected by the end of the year. The developers have received a total of $197 million in financing for the project, including a $162 million construction loan from Square Mile …

February 7, 2025

Development Florida News Southeast

Altman Living Completes 230-Unit Altis Grand Lake Willis in Orlando, Florida

by Channing Hamilton February 6, 2025

ORLANDO, FLA. — Altman Living has opened Phase II of Altis Grand Lake Willis, a 230-unit community located at 6260 Juniper Pine Way in Orlando’s O-Town West neighborhood. The second phase is situated adjacent to Phase I of the community, which opened in 2023. The garden-style property offers one-, two- and three-bedroom apartments ranging from 707 to 1,248 square feet. Community amenities include a resident and business lounge, pool, pet park, cyber café, steam rooms, movie theater, virtual gaming space, private sports simulator and outdoor entertainment zone with a fireplace, …

February 6, 2025

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