CHARLOTTE, N.C. — Jordan McCarley has joined Cushman & Wakefield’s Carolinas Multifamily team. With the title executive vice chair, McCarley will lead the Carolinas team alongside Blake Okland, Paul Marley and Alex McDermott. The Carolinas Institutional Multifamily Advisory team is part of the firm’s Sunbelt Multifamily Advisory Group, which is an 85-person investment sales team covering 14 states.
GREENVILLE, S.C. — Comunidad Partners, an Austin, Texas-based workforce housing investment firm, has acquired The Haywood, a 234-unit property located at 100 Gloucester Ferry Road in Greenville. The seller and sales price were not disclosed. Comunidad is planning renovations that will update interiors, improve curb appeal and upgrade amenities.
WEST COLUMBIA, S.C., AND NASHVILLE, TENN. — JLL has arranged approximately $33.9 million in Freddie Mac refinancing loans for two properties owned by PAM Associates. JLL Capital Market’s Debt Advisory Team arranged a $19.8 million loan for Granby Oaks in West Columbia and a $14 million loan for The Vale in Nashville. Granby Oaks is a 148-unit, garden-style community that was built in 1973. It features one-, two- and three-bedroom units. Since acquiring the asset in 2022, PAM Associates has invested approximately $2.1 million in capital improvements, upgrading all of …
CHARLESTON, S.C. — Ginkgo Residential and J.P. Morgan Real Estate Income Trust (JPMREIT) have acquired a five-property portfolio totaling 647 units across the Charleston metro area. The communities include: Brackenbrook Apartments (168 units), North Bluff Apartments (144 units), The Landing (119 units), Sawbranch Apartments (112 units) and Woodlocke Apartments (104 units). Originally developed between 1975 and 1985, the portfolio has been owned and managed by the same group for many decades, according to Ginkgo, which is a Charlotte, North Carolina-based investment firm that pursues value-add acquisitions across the Southeast. The …
CHARLESTON, S.C. — Walker & Dunlop has arranged a $75 million loan for Southern Land Co. to refinance construction debt used to develop Society at Laurens, a 148-unit community in Charleston that opened earlier this year. Walker & Dunlop’s Walker Layne, Matt Wallach and Stephen West arranged a three-year bridge loan through Aareal Capital. Society at Laurens is comprised of studios and one-, two- and three-bedroom units as well as penthouses. Amenities include a heated saltwater pool and a hot tub situated on a second-floor deck with views of Charleston …
CHARLESTON, S.C. — Dwight Mortgage Trust has provided a $110 million bridge loan to Ohio-based developer Lifestyle Communities. The loan will refinance existing construction debt, cover transaction costs and fund remaining construction expenses for LC Line and Low, a 277-unit mixed-use development in Charleston. Dwight Capital’s Brandon Baksh, Noah Greenwald and Talisse Thompson led the transaction. Amenities at the new property include a resort-style pool, a clubhouse, fitness center with saunas and cold plunges, coworking spaces and a parking deck. On-site retail and dining include The Goat Restaurant & Bar …
SIMPSONVILLE, S.C. — Tricon Residential has broken ground on Tricon Simpsonville, a 93-unit, build-to-rent community in Simpsonville, 12 miles south of Greenville, South Carolina. The property will consist of three-bedroom townhomes with two-car garages, fenced front yards, quartz countertops and wood-style flooring. Each unit will feature smart-home technology such as automatic thermostat control, keyless entry and leak-detection sensors. Amenities include a pool, firepit, pond, playground, dog park, amphitheater, and pickleball and tennis courts. Residents also will have access to a resource called Tricon Vantage, which includes a credit-building program, down …
GREER, S.C. — Developer Advenir Oakley Capital and general contractor Capstone Building Corp. have completed construction of LEO Jamestown, a $78 million build-to-rent (BTR) development in Greer, 12 miles northeast of Greenville, South Carolina. LEO Jamestown includes 296 units offered as one-, two- or three-bedroom floor plans. Amenities include a resort-style pool, a pool house, clubhouse, a fitness center and outdoor green spaces. Advenir Azora is managing the property.
MYRTLE BEACH, N.C. — Hamilton Point Investments has acquired Willows at Grande Dunes in Myrtle Beach. Cushman & Wakefield’s Alex McDermott, Austin Green, Charlie Gravina, Paul Marley and Rhodes Marley arranged the sale, representing the undisclosed seller in the deal. The asset was developed in 2023. Hamilton Point is a private equity investment firm based in Old Lyme, Connecticut, with a portfolio comprised mainly of Sun Belt properties. The company also recently bought Bridgewater Grand, a 300-unit property in Lakeland, Florida, from TrimCor.
GREER, S.C. — Material Capital Partners has acquired 25 acres in Greer, 16 miles northeast of Greenville, South Carolina, to develop Mill Landing, a build-to-rent community. The project will consist of 163 single-family, detached homes and townhomes in a mix of three- and four-bedroom floor plans. Each home will feature an attached private garage and a private patio. Amenities will include a clubhouse with coworking and lounge spaces, a resort-style pool, fitness center, a dog park and walking trails. Greystar will serve as the property manager. The developer will break …
