MIAMI — CBRE has hired Greg Engler as vice chair to the firm’s Florida capital markets team. Engler will collaborate with CBRE’s existing sales and debt teams to increase multifamily business in Florida markets. Engler joins CBRE from Engler Realty Advisors, a multifamily investment sales company he founded in 2022. He also founded Engler Financial Group in 2003, which was acquired by Walker & Dunlop in 2015, after which time he served as executive vice president of investment sales.
NASHVILLE, TENN. — A partnership between Hensler Development Group, Stiles and PGIM Real Estate will open Olive at Peabody Union, a 345-unit high-rise project situated between downtown Nashville and the Cumberland River. The 27-story tower will offer studios, one-, two- and three-bedroom penthouses, which range from 1,179 to 2,585 square feet in size. Planned amenities include a wellness center with a sauna and cold plunge, speakeasy sky lounge, pool deck and hot tub, coworking lounges and a gym. The development team, along with newly appointed property management firm Bozzuto Group, …
ALEXANDRIA, VA. — Boston-based investment company The DSF Group has secured $165.9 million in financing for the acquisition of Town Square at Mark Center, a 678-unit apartment and townhome community in Alexandria. IPA Capital Markets, a division of Marcus & Millichap, arranged the loan, which features a 35-year amortization schedule. Town Square at Mark Center rises five stories at 1459 N. Beauregard St. Units come in one-, two- and three-bedroom floor plans, according to Apartments.com. Monthly rates begin at $1,925 for a one-bedroom apartment. The property was constructed in 1996 …
CAROLINAS — Infinity Real Estate Partners has received $18.8 million in financing from American South Capital Partners, a joint venture between SDS Capital Group and Vintage Realty Co., for the acquisition and renovation of a portfolio of 1,068 affordable housing units located in North Carolina and South Carolina. The portfolio consists of seven communities, which were built between 1968 and 1973 and range from 81 to 200 units. Ninety-five percent of the units are governed by HUD’s Housing Assistance Program. The properties included in the portfolio are: Infinity will use …
FORT MYERS, FLA. — Encore Multifamily, a division of Dallas-based Encore Enterprises, has received a $48.7 million fixed-rate HUD Section 221(d)(4) loan for the construction of Encore Daniel Falls, a 240-unit project in Fort Myers. The developer broke ground on the community in December 2025. Construction is slated to complete by the third quarter of 2026. Encore Daniels Falls will comprise 224,050 square feet of rentable space across a 6.7-acre site. Units will come in studio, one-, two- and three-bedroom floor plans. Residents will have access to amenities such as a clubhouse, …
MIAMI — Focus and Group Fox have received site plan approval for Brickell Starlite, a 39-story residential tower located in Miami’s Brickell financial district. Once completed in 2028, Brickell Starlite will feature 517 apartment units, as well as 7,500 square feet of retail space. Gensler designed the tower, which is now fully zoned and ready to break ground once the final permitting is completed. Focus has retained Chris Lentz, Chris Moyer, Jeff Altenau, Susan Tjarksen and Marc Royer of Cushman & Wakefield to fully capitalize the development. Focus is a …
ATLANTA — Columbia Residential has hired Robert Fink to the position of chief development officer. In this role, Fink will oversee all aspects of development operations for the company, including securing new affordable housing and community development opportunities. He will also oversee Columbia Residential’s business planning and manage the company’s financing structures. Fink will be based at Columbia Residential’s headquarters in Atlanta. Fink previously served as the vice president of development at Zimmerman Properties in Atlanta. Prior to this, he served as the director of housing finance and development at …
CHARLOTTE, N.C. — The Bainbridge Cos. has hired Marcie Williams to the position of chief strategy officer. Based in Charlotte, Williams will oversee Bainbridge’s operations, brand and growth as the company pursues portfolio expansion opportunities throughout the Sun Belt. Prior to joining Bainbridge, Williams served as CEO at RKW Residential. She previously held positions at Greystar and Camden Property Trust. Williams is also the board president of the Greater Charlotte Apartment Association, a trade association for the rental housing industry. She also serves on the membership committee for the National …
KERNERSVILLE, N.C. — Gindi Equities has sold Lindsey Manor Apartments in Kernersville, 10 miles east of Winston-Salem, North Carolina, to an undisclosed buyer for $34 million. Located at 472 Lindsey St. near downtown Kernersville, Lindsey Manor Apartments consists of 222 units in one- two- and three-bedroom configurations. Gindi Equities originally acquired the asset in October 2021 for $24.5 million. The company completed a series of renovations at the property, including updates to apartment interiors, complete reroofing, new dog park and grilling area and upgrades to the pool and playground. This transaction …
CARY, N.C. — A partnership consisting of Hines, Affinius Capital and Columbia Development has secured a $191 million senior mortgage for Fenton, a mixed-use development located in Cary, roughly 10 miles west of Raleigh, North Carolina. Chip Sykes and Kelsey Bawcombe of JLL arranged the loan through New York Life Real Estate Investors. Fenton was built between 2022 and 2023. The project features an apartment community — The Allison at Fenton — comprising 367 multifamily units, as well as approximately 246,000 square feet of retail space and 183,000 square feet of office space.
