Koury Corp. has broken ground on The Lindley, a 213-unit apartment complex planned for the intersection of Holden Road and Market Street in Greensboro. The fully enclosed, gated community is expected to cost just over $50 million to build and…
Space Craft and Swinerton are joining forces on Cordo, a 287-unit apartment project in the Optimist Park area of Charlotte. The project at 515 Parkwood Ave., will include eight buildings and nearly 3,000 square feet of ground-floor retail. The Atlanta…
When it comes to apartment amenities, some tenants favor extensive security measures, others prefer a patio/balcony, and if a pool is in your sweet spot, the recently-opened Town Triangle Crossing in Raleigh may be for you. The Triad Business Journal…
The Carroll Cos. is moving forward on a $210 million construction project in Greensboro. The venture entails 480 apartments and 280 townhomes. The property comprises more than 62 acres at 2000 and 2014 Fleming Road. The development will be near…
GrayCo obtained a $34 million refinancing for the Bristol Park at Riverchase, a 300-unit apartment complex in Madison, TN, not far from Nashville. BWE’s Charles DuBose and David Foulk originated the financing from Fannie Mae on behalf of GrayCo. The…
Nexus Development says the company will begin building a high-end senior living community in Uptown Dallas. The 20-story luxury tower, called Vivante at Turtle Creek, located at 2505 Turtle Creek Blvd, is planned to feature 164 assisted living units, 29…
Focus Healthcare Partners acquired Treeo Senior Living for $26.2 million. Columbia Pacific Advisors was the seller. The Triangle Business Journal reports Columbia Pacific Advisors developed the community after buying the land for $1.8 million in 2016. Columbia built the facility…
Standard Communities headed a group of partners that picked up a 100% affordable multifamily project in Shelby, NC. The company paid $16.4 million for the Laurel Hill Apartments at 1526 Eaves Road in Cleveland County. Funding for the Laurel Hill…
Peach Hill Capital and RK2 Property Group acquired Georgetown Crossing, a 168-unit Class B garden-style apartment community in Savannah, for $25.6 million and plan to renovate it as soon as possible. Built in 1994, 103 of the units have not…
Woodfield Development secured a $53.7 million senior loan for Margaux Midtown, a luxury apartment community in Nashville, Tennessee. BWE’s provided financing, which was structured by Adam Bieber and Alec Jenkins from BWE’s Washington, D.C. office. Delivered in 2023, Margaux is a luxury…
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