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Pointe Grande Dawsonville in Dawsonville, Georgia
FinanceGeorgiaNewsSoutheast

KeyBank Provides $42.9 Million Agency Refinancing for Pointe Grande Dawsonville in Atlanta Suburb

by Channing Hamilton

DAWSONVILLE, GA. — KeyBank Real Estate Capital has provided a $42.9 million Fannie Mae loan for the refinancing of Pointe Grande Dawsonville, a 300-unit asset in the Atlanta suburb of Dawsonville. Justin Ownby and Patrick Fitzgerald of KeyBank’s Commercial Mortgage Group originated the financing on behalf of the borrower, Central Florida-based Hillpointe. Pointe Grande Dawsonville was built between 2022 and 2023. The garden-style community comprises 12 three-story buildings on a 23.5-acre site. Amenities include a fitness center, pool with private cabanas, 24-hour conference and business center, Starbucks coffee and tea …

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DevelopmentNewsSouth CarolinaSoutheast

The Klots Group, Longleaf Real Estate to Break Ground on $250 Million The Preserve in North Myrtle Beach, South Carolina

by Channing Hamilton

NORTH MYRTLE BEACH, S.C. — The Klotz Group of Cos. and Longleaf Real Estate plan to break ground on The Preserve, a $250 million mixed-use development in North Myrtle Beach, this summer. The plans for the 110-acre project call for 370 apartment units, 207 build-to-rent homes, 227 paired villa lots and 10,000 square feet of commercial space. An expected completion date for the development has not been disclosed. The Preserve will eventually be a part of a planned development district situated between the Intercoastal Waterway and the Carolina Bays Parkway. …

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FinanceNewsSoutheastTennessee

Woodfield Development Secures $53.7 Million in Financing for Margaux Midtown in Nashville, Tennessee

by Channing Hamilton

NASHVILLE, TENN. — Woodfield Development has secured a $53.7 million senior loan for the refinancing of Margaux Midtown, a 292-unit community in Nashville. Built in 2023, Margaux Midtown offers amenities such as a fitness center, clubroom with mini duck bowling, yoga room, work pods, complimentary coffee, sky lounge and rooftop terrace, speakeasy, pool, podcast room and more. BWE provided the financing through its proprietary bridge program. Adam Bieber and Alec Jenkins from BWE’s Washington, D.C. office structured the loan.

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Affordable HousingDevelopmentFinanceGeorgiaNewsSoutheast

Atlanta BeltLine, Invest Atlanta Approve $172 Million Budget for Affordable Housing Development, Trail Construction

by Channing Hamilton

ATLANTA — The board of directors of Atlanta BeltLine Inc. and Invest Atlanta have approved the Atlanta BeltLine budget for the 2025 fiscal year. The budget totals $172 million, a 12 percent increase over the 2024 budget. The funding will be directed toward a goal set in 2005 to develop 5,600 units of affordable housing in Atlanta by 2030.  The new funding will help The BeltLine to develop more affordable housing than originally set out by the 2005 BeltLine Redevelopment Plan, which is notable since development costs have risen significantly …

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AMLI Doral in Doral, Florida
Investment SalesNewsSoutheast

JLL Capital Markets Brokers Sale of 352-Unit AMLI Doral in Miami Suburb

by Channing Hamilton

DORAL, FLA. — JLL Capital Markets has arranged the sale of and acquisition financing for AMLI Doral, a 352-unit property in the Miami suburb of Doral. AMLI Doral was constructed in 2023 on a 16.4-acre site. The garden-style community comprises nine buildings, each rising four stories. Units come in one-, two- and three-bedroom floor plans. Amenities include a two-story fitness center, pool with lakeside grilling stations, business center, lounge with game tables, clubhouse with party room, tot lot and playground, EV charging stations and bike parking. Pantzer Properties purchased the …

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Natura by Murbeck in Gainesville, Florida
DevelopmentFinanceFloridaNewsSoutheast

Meridian Capital Group Arranges $67.5 Million Construction Loan for Natura by Murbeck in Gainesville, Florida

by Channing Hamilton

GAINESVILLE, FLA. — Meridian Capital Group has arranged a $67.5 million loan to facilitate the construction of Natura by Murbeck, a 315-unit community located at 6224 S.W. 20th St. in Gainesville. Greystone provided the two-year, non-recourse loan, which will transition to a permanent loan. Murbeck Investments is the borrower and developer. Natura by Murbeck will offer one-, two- and three-bedroom apartments. Planned amenities include a pool, pickleball courts, gym and garages. Monthly rents at the property will range from $1,780 to $2,800. A construction timeline was not disclosed.

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An unnamed project in Charlotte, North Carolina
DevelopmentFinanceNewsNorth CarolinaSoutheast

Concord Summit Capital Arranges $75 Million Construction Financing for Development in Charlotte, North Carolina

by Channing Hamilton

CHARLOTTE, N.C. — Concord Summit Capital has arranged $75 million in financing for the development of a community in Charlotte. Daniel Eidson of Concord Summit arranged the financing on behalf of the borrower, whose identity was not disclosed. The borrower plans to use the funds to refinance the existing land loan and complete construction. Once completed, the community will offer amenities such as a pool and sun deck, rooftop terrace, fitness center, private work and conferencing spaces, a top-floor lounge and kitchen with a bar, garage parking with EV chargers, …

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Sevila at Downtown Doral in Doral, Florida
DevelopmentFloridaNewsSoutheast

Codina Partners Secures Site Plan Approval for 412-Unit Sevila at Downtown Doral Near Miami

by Channing Hamilton

DORAL, FLA. — Codina Partners has received site plan approval for Sevilla at Downtown Doral, a 412-unit project in the Miami suburb of Doral. Sevilla will offer one-, two- and three-bedroom units ranging from 720 to 1,708 square feet. Planned amenities include a pool with a deck featuring outdoor loungers, BBQ stations, cabanas, Zen courtyard and a dog park. The community will be situated within Downtown Doral, a 250-acre mixed-use development. Codina Plans to construct Sevilla in two phases, with Phase I move-ins slated to begin in the second quarter …

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2001 East Apartments in Richmond, Virginia
Leasing & MarketingNewsSoutheastVirginia

TMF Awarded Management of Six-Property Portfolio in Metro Richmond, Virginia

by Channing Hamilton

RICHMOND AND PETERSBURG, VA. — Mercer Street Partners has selected Thalhimer Multifamily (TMF) to manage a portfolio of six properties in the Richmond metropolitan area. The portfolio totals over 680 units and will add 25 new associates to TMF’s portfolio. The properties are a mix of mid-rise and garden-style.  The portfolio includes:

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DevelopmentFinanceFloridaNewsSoutheast

WMG Development Appoints Todd Bleakley as Vice President of Multifamily

by Channing Hamilton

WINTER GARDEN, FLA. — WMG Development (WMG), an investment and development company based in Winter Garden, has appointed Todd Bleakley as its first Vice President of Multifamily. Bleakley has led market-rate institutional developments totaling approximately 10,000 units across the state of Florida. Prior to joining WMG, Bleakley managed boutique, regional and national development offices throughout the Southeast. He is a licensed Florida Real Estate Broker and has completed the Certified Commercial Investment Member program.

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