Southeast

Indigo-19-Virginia-Beach
Investment SalesNewsSoutheastVirginia

PXV Buys Indigo 19 in Virginia Beach

by Lynn Peisner

VIRGINIA BEACH, VA. — PXV Multifamily has acquired Indigo 19, a 196-unit community in Virginia Beach. PXV is backed by Houston-based BroadVail Capital Partners and aims to acquire $2 billion in multifamily assets over the next three years, according to the company. The seller and sales price were not disclosed. Indigo 19, built in 2013, was acquired in a joint venture with funds managed by Intercontinental Real Estate Corp. Amenities include a resort-style pool, two-story clubhouse, fitness center, business center and landscaped courtyards. PXV is planning updates, including new exterior …

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Caroline-Pompano-Beach jpg
DevelopmentFloridaLeasing & MarketingNewsSoutheast

Morgan, Carlyle Complete Caroline in Pompano Beach, Florida

by Lynn Peisner

POMPANO BEACH, FLA. — Morgan and Carlyle have opened Caroline Pompano Beach, a 352-unit community at 1200 NE 23rd St. within Pompano Citi Centre, an open-air lifestyle retail center in Pompano Beach. The project was a redevelopment of a former Macy’s department store. Caroline Pompano Beach includes eight four-story residential buildings housing studios, one-, two- and three-bedroom units. Amenities feature a coworking lounge with private offices, a conference room and work pods; a coffee bar; a clubhouse with catering kitchen, billiards table and television lounge; and a fitness center; resort-style …

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Wellstead-at-Kinderton-Bermuda-Run
Build-to-RentDevelopmentNewsNorth CarolinaSoutheast

Canvas Residential, Kelley Properties to Develop Build-to-Rent Community Near Winston-Salem, North Carolina

by Lynn Peisner

BERMUDA RUN, N.C. — Canvas Residential Partners and Kelley Properties have broken ground on Wellstead at Kinderton Farms, a 141-home build-to-rent community in Bermuda Run approximately 15 miles southwest of Winston-Salem. The community will feature a mix of rental townhomes and detached single-family homes. Townhomes will range from 1,200 to 1,700 square feet, from two to four bedrooms. Some townhomes will include a private backyard. Single-family homes will range from 1,900 to 2,100 square feet with four bedrooms and two-car garages. First units are slated for completion in spring 2028.

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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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