Another historic office structure with good bones has been picked up for a likely conversion to apartments. The Samaroo Group purchased the downtown Nashville’s Morris Memorial building. The Nashville Business Journal reports the iconic four-story structure on MLK Boulevard sold…
It’s no secret that convenience store companies are as much in the real estate business as in retail. Very often, flipping a shrewdly bought parcel makes considerably more than selling super-sized soft drinks. One such instance is the recent sale…
Foulger-Pratt has been building apartments and commercial projects for more than half a century, and now the Maryland-based developer is expanding into a new business line: build-to-rent. Courtesy of Foulger-Pratt An aerial rendering of Foulger-Pratt’s build-to-rent community in Brandywine, Maryland. The…
Greatwater Opportunity Capital is bringing a new $14 million multifamily project to Detroit’s Midtown neighborhood. Located at 3740 Second Avenue, the 39,355-square-foot four-story building will feature 33 studios and 24 one-bedroom apartments. Greatwater leveraged Opportunity Zone funds and financing from…
Data center developer Flexential is planning to dramatically expand its data center footprint with new construction in the coming years, and it is kicking off the push with a big project in the Atlanta market. Courtesy of Flexential A rendering of the data center Flexential is building…
Courtesy of CBRE 25-01 Queens Plaza North, where Grubb Properties plans to build a 317-unit building. A new-to-New York developer just dropped $63M on a Long Island City property. Charlotte, North Carolina-based Grubb Properties, known for its workforce housing development, picked up…
A prolific Charleston multifamily developer is spearheading its first project in Atlanta. Courtesy of Middle Street Partners Rendering for BeltLine & Boulevard, a new apartment project that broke ground in February in Grant Park. Middle Street Partners has broken ground…
For years, Place Properties developed its apartments the traditional way: find a site, bring in the materials and use crews to build it from the ground up. But Place CEO Cecil Phillips is now all-in on a new way of developing apartments:…
Buildings at 152 Nassau St. in Downtown Atlanta, recently razed to make way for a Margaritaville Hotel. A developer has taken a large step closer to letting Atlanta visitors waste away in Margaritaville for the first time. Landmark Builders filed permits Monday with…
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