Crescent Communities opened its latest build-to-rent community, this one in Lawrenceville. The 151-unit project will be Crescent Communities’ 13th multifamily investment in the greater Atlanta market. Its the first under its Harmon brand.

Harmon Cedar Run includes a mix of new townhomes and single-family houses with three or four bedrooms, none of them for sale. Rents for two-story townhomes at Harmon Cedar Run start at $2,545 monthly. That gets three bedrooms and two and ½ bathrooms in 1,663 square feet. 

Rents for standalone houses start at $3,025 for an option with three bedrooms, two and ½ bathrooms, and 2,210 square feet. All townhomes and houses include two-car garages. 

Communal amenities at Harmon Cedar Run include a pickleball and basketball court, a large pool, a playground, pet spaces, and EV outlets in each garage. 

The HARMON portfolio is supported through its joint venture partnership with an account managed by Heitman LLC, which recently increased its commitment from $235 million to $345 million.

MCB Real Estate has completed vertical construction and named “The Enolia,” a 151-unit, 473-bed off-campus housing project near Morgan State University in Baltimore. Scheduled to open in 2025, this 3.3-acre development aims to provide housing with amenities like study rooms, a fitness center, game room, and outdoor courtyard.  

“Enolia McMillan’s name carries an enormous amount of respect not just in Baltimore, but as one of America’s most revered civil rights trailblazers,” says MCB managing partner and co-founder P. David Bramble. “Given her tremendous work in advocating and progressing Morgan’s status as a premier learning institution, it’s only fitting that her name be associated with a project that will help alleviate the housing shortage that has become a significant barrier to the university’s growth.” Financing partners include WesBanco and the Wells Fargo Foundation.