Sagard Real Estate acquired Grande Oaks, a 270-unit garden-style apartment community located in Roswell, Georgia. Starwood Capital Group was the seller. Commercial Edge reports Starwood initially purchased the community in 2021 for $77.7 million. Sagard plans to execute a value-add…
The Walnut Street Joint Venture, comprised of Affordable Housing and Services Collaborative, Inc., the Peabody Companies and Onyx Group Development, has opened a lottery for Walnut Knoll, a new 141-unit affordable housing community. The project is intended for persons aged 55 and older and…
BWE secured a $23.5 million loan to finance the acquisition and substantial improvement of The Edge, a 173-unit, 553-bed student housing community near Texas State University in San Marcos, TX. BWE’s Chris Carroll and Max Miller originated the financing on…
Greystar intends to develop a new multifamily community on 6.35 acres in the Atlanta metro area, near the intersection of Parsons Drive and Peachtree Boulevard. The company bought the land for the project for $11.5 million. The Marlowe Chamblee project will…
A group of property owners is working together on a 402-unit apartment community in Durham. The property, off Hoover Road west of Interstate 885, was assembled over the years, including several much smaller pieces. The property owners include John Warasila,…
CM Realty acquired 500 acres in Kaufman County and plans to build a large community, including commercial real estate, in the growing city of Terrell. The planned community, Evening Star Ranch, will include 800 apartments and 197,700 square feet of…
IPB, a subsidiary of Bosa Properties announced that on-site work is underway for the first of three towers of the Motley on its development at the site of Midtown’s former dairy factory. The Nashville Post reports that the Motley will be built in…
Property Markets Group, New Valley and RMWC announcing the topping off of Society Nashville, a 16-story, 502-unit mixed-use project located at 915 Division St. and set to enhance the growing neighborhood. The Gulch project, which is expected to welcome residents by the end…
CBRE has arranged a $58 million senior loan and $9 million preferred equity investment to refinance The Blakely, a 420-unit multifamily community in Pendergrass, Georgia, 30 minutes northeast of Atlanta. Blake Cohen and Charlie Clark with CBRE Capital Markets’ Debt & Structured Finance…
Flournoy Development Group has wrapped up construction on the 341-unit, mixed-use community Ellison Mallard Creek in Charlotte. The community is located at 930 West Mallard Creek Church Rd. Ellison Mallard Creek features 210 one-bedroom units, 149 two-bedroom homes and 38…
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