Southeast

Tishman Speyer Nashville
Investment SalesNewsSoutheastTennessee

Tishman Speyer Buys Midtown Nashville Property

by Lynn Peisner

NASHVILLE, TENN. — Tishman Speyer has acquired 2010 West End Avenue for $112 million. The 25-story, 358-unit property was developed by CA Ventures in 2021 in the Midtown area of Nashville, within walking distance to Vanderbilt University. Tishman Speyer’s acquisition was financed in part by a $67.2 million loan from Corebridge. 2010 West End Avenue includes 6,000 square feet of ground-floor retail. Units are offered as studios, one- or two-bedroom floor plans. A rooftop pool, hot tub, a fitness center and dog run are among the amenities. The asset is …

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21 Hollywood
DevelopmentFloridaNewsSoutheast

Starlife Group Launches Vertical Construction for 13-Story Project in Hollywood, Florida

by Channing Hamilton

HOLLYWOOD, FLA. — Starlife Group has launched vertical construction on 21 Hollywood, a 13-story mixed-use project located in Hollywood, roughly 20 miles north of Miami, Florida. The complex will feature 200 apartments and 10,000 square feet of ground floor retail space. Amenities will include a business center, coworking spaces, private conference room and a fitness center with a dedicated yoga and Pilates room. Residents will also have access to a children’s play area, dog park and dog spa, dual cinemas and an 85-foot infinity pool that serves as the centerpiece …

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The investment sales panel at Interface Affordable Housing Southeast
Affordable HousingConference CoverageFeaturesGeorgiaInvestment SalesSoutheast

InterFace Panel: Affordable Housing Investment Sales Face Uncertain Future

by Channing Hamilton

ATLANTA — Affordable housing is facing a tumultuous second half of the year. Tariffs on building materials such as lumber, steel and aluminum are slowing development activity as they elevate construction costs. Investment sales are also likely to be impacted by unstable economic conditions in the affordable housing sector, where many transactions are conducted within a limited budget due to the nature of income restrictions for renters. Amid high costs and trade uncertainty, many investors are making the decision to stay on the sidelines or invest in markets with more …

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Amberleigh Apartments
Investment SalesNewsSoutheastVirginia

Berkadia Arranges $129 Million Refinancing for Community Near Washington, D.C.

by Channing Hamilton

FAIRFAX, VA. — Berkadia has arranged $129 million for the refinancing of Amberleigh Apartments, a 752-unit community in Fairfax, roughly 20 miles west of Washington, D.C. Patrick McGlohn, Brian Gould, Miles Drinkwalter and Natalie Hershey of Berkadia arranged the financing on behalf of the locally based borrower, Redbrick LMD. The financing consisted of a $113.8 million Freddie Mac loan and a $15.6 million preferred equity investment from an undisclosed source. Amberleigh Apartments features one-, two- and three-bedroom floor plans ranging from 861 square feet to 1,523 square feet, according to …

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Modera Liberty Row
Leasing & MarketingNewsNorth CarolinaSoutheast

Mill Creek Residential Begins Pre-Leasing at Modera Liberty Row in Charlotte, North Carolina

by Channing Hamilton

CHARLOTTE, N.C. — Mill Creek Residential has begun pre-leasing at Modera Liberty Row, a 239-unit community in the SouthPark neighborhood of Charlotte. The community is located at 7740 Liberty Row Drive on The Loop. Units come in studio, one-, two- and three-bedroom layouts. The average unit size is 1,100 square feet. The first move-ins are slated for June. Modera Liberty Row will offer amenities such as a pool, fitness center with a yoga studio, multiple clubrooms, four elevated courtyards, game room, golf simulator lounge, bocce ball courts, coworking spaces and …

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Westmont Village
Build-to-RentDevelopmentFrom the MagazinesMarket ReportsNorth CarolinaSouth CarolinaSoutheast

Why the Carolinas Are a Build-to-Rent Hot Spot

by Channing Hamilton

The single-family rental (SFR) market, including purpose-built build-to-rent (BTR) communities, is the fastest-growing segment of the U.S. housing market, outpacing both single-family for-sale and multifamily growth in recent years.  Although the concept emerged from the Great Recession, when large investors began buying up vacant homes to rent, it has evolved significantly over the past five years, attracting more sophisticated investors and expanding into new markets. Historically, Sun Belt markets, particularly Phoenix, were early adopters of BTR. Recently, however, areas like the Carolinas, Northern Virginia and even Boston have seen a …

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Parks at Delray
DevelopmentFloridaNewsSoutheast

ANF Delivers First Phase of 43-Acre Mixed-Use Project in Delray Beach, Florida

by Channing Hamilton

DELRAY BEACH, FLA. — ANF has delivered Phase I of Parks at Delray, a 43-acre mixed-use development located at 2100 S. Congress Ave. in Delray Beach, about 5.5 miles south of Fort Lauderdale, Florida. The first phase of Parks at Delray consists of 420 one-, two- and three-bedroom apartments ranging in size from 580 to 1,400 square feet, as well as three-bedroom townhomes ranging in size from 1,670 to 1,770 square feet. At full build-out, Parks at Delray will offer 747 apartments, approximately 10 percent of which will be designated as …

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Brian Soss, RangeWater Real Estate
GeorgiaInvestment SalesNewsPeople NewsSoutheast

RangeWater Names Brian Soss as Executive Managing Director of Acquisitions

by Channing Hamilton

ATLANTA —RangeWater Real Estate has named Brian Soss to the role of executive managing director of acquisitions. Soss will lead the Atlanta-based company’s acquisitions strategy, identifying and securing investment opportunities. Prior to joining RangeWater, he served as co-head of multifamily asset management for Starwood Capital Group. He also previously held key positions at MetLife Investment Management. Soss received a Bachelor of Arts in economics from the University of Vermont and a Master of Business Administration from Georgetown University’s McDonough School of Business.

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The Strand
DevelopmentNewsNorth CarolinaSoutheast

Kane Realty Breaks Ground on 20-Story High-Rise in Raleigh, North Carolina

by Channing Hamilton

RALEIGH, N.C. — Kane Realty Corp. has broken ground on The Strand, a 20-story high-rise development in the North Hills district of Midtown Raleigh. The apartment tower will feature 362 apartments and 9,000 square feet of retail space. The Strand will consist of studio, one-, two- and three-bedroom apartments, as well as top-floor penthouses. The property will also feature an amenity deck on the sixth floor that will include a pool, grilling area, activity lawn, fitness center and clubroom, as well as a clubroom on the 18th floor and a …

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Dania Heights
FloridaInvestment SalesNewsSoutheast

Marcus & Millichap Brokers Sale of 21-Unit Asset in Dania Beach, Florida

by Channing Hamilton

DANIA BEACH, FLA. — Marcus & Millichap has arranged the sale of Dania Heights, a 21-unit community in Dania Beach, roughly 5.5 miles south of Fort Lauderdale, Florida. The property 37 SW 14th St. traded hands for $4.5 million. Built in 1970, Dania Heights is a two-story, garden-style community. Units come in one-, two- and three-bedroom floor plans. Each residence has been renovated with updated kitchens, bathrooms and modern finishes. The sale also included a contiguous single-family home at 25 SW 14th St. Austin Michels, Brandon Rex, Nicholas McAndrew, Evan Kristol …

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