ATLANTA — AEW Capital Management has provided a $75 million loan for The Hadley, a 300-unit complex located at 770 Juniper St. NE in Midtown Atlanta. The undisclosed borrower will use the financing to refinance the original construction loan for the project. A joint venture between StreetLights Residential and PGIM Real Estate developed the community in 2023. The Hadley offers studios, one-, two- and three bedroom units ranging from 534 square feet to 1,716 square feet. Shared amenities include a fitness center, private resident bar, coffee lounge and coworking space, …
Southeast
JOHNS ISLAND, S.C. — General contractor Center Park Group has delivered the first townhomes at Sanderling, a 56-unit build-to-rent asset located at 3021 Maybank Highway in Johns Island, 13 miles south of Charleston, South Carolina. Atlanta-based RangeWater Real Estate is providing property management services on behalf of the owners, Equus Development Partners and Circle Squared Alternative Investments. Townhomes at Sanderling span up to 1,443 square feet and come in two- and three-bedroom configurations. Units feature one-car garages and front porches. Shared amenities include a dog park, as well as three …
WILMINGTON, N.C. — Indianapolis-based Millstone has secured construction financing for Venture at Port City, a 225-unit project located three miles south of downtown Wilmington. Slated for completion in spring 2027, the property will consist of three four-story buildings. Apartments will come in one-, two- and three-bedroom floor plans. Amenities will include a pool, gas grilling stations, clubhouse and outdoor cabana with a poolside lawn area. Greysteel worked on behalf of the sponsor to secure the three-year, floating rate loan through a regional bank. Greysteel also arranged an undisclosed amount of …
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 …
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, …
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 …
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 …
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 …
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 …
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 …