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	<title>Novare Archives - VRJ Properties</title>
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	<description>Multifamily and Commercial Real Estate Investments</description>
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	<title>Novare Archives - VRJ Properties</title>
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		<title>Novare, Batson-Cook Teaming Up on 106-Unit Georgia BTR Project</title>
		<link>https://vrjproperties.com/novare-batson-cook-teaming-up-on-106-unit-georgia-btr-project/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Thu, 13 Jun 2024 15:00:20 +0000</pubDate>
				<category><![CDATA[BTR]]></category>
		<category><![CDATA[Multifamily]]></category>
		<category><![CDATA[106Unit]]></category>
		<category><![CDATA[BatsonCook]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Georgia]]></category>
		<category><![CDATA[Novare]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Teaming]]></category>
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					<description><![CDATA[<p>By now the duo of Novare Group and Batson-Cook should be pretty familiar with each other. A build-to-rent housing development in the works in Port Wentworth will be their 39th collaboration. The project will be on roughly 33 acres near...</p>
<p>The post <a href="https://vrjproperties.com/novare-batson-cook-teaming-up-on-106-unit-georgia-btr-project/">Novare, Batson-Cook Teaming Up on 106-Unit Georgia BTR Project</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="9f9a66d1-a6d2-4db5-94a7-786682e9b792">By now the duo of <strong>Novare Group</strong> and Batson-Cook should be pretty familiar with each other. A build-to-rent housing development in the works in Port Wentworth will be their 39th collaboration. The project will be on roughly 33 acres near State Route 21 and Interstate 95 near Savannah. This site is immediately adjacent to Wentworth Park Residences, a 328-unit multifamily community, which the joint venture partners also built.</p>
<p data-beyondwords-marker="225edb8d-65ef-417f-9602-3f9f876feedf">Plans include five floor plans with three or four-bedroom units and attached one or two-car garages. Public amenities include an on-site clubhouse, pool and fitness center. </p>
<p data-beyondwords-marker="e0c46002-c618-41ca-ac16-cca31f89873a">The first phase of homes is scheduled for completion in late summer 2025. The project team includes ResiBuilt and Eagle Excavation as contractors. The development is capitalized by Ameris Bank as the lender, Marble Capital as the preferred equity provider, and BCDC and Novare Group as sponsors. </p>
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<p><br />
<br /><a href="https://www.connectcre.com/stories/novare-batson-cook-teaming-up-on-106-unit-georgia-btr-project/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/novare-batson-cook-teaming-up-on-106-unit-georgia-btr-project/">Novare, Batson-Cook Teaming Up on 106-Unit Georgia BTR Project</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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		<title>Novare, BCDC Team up on New Savannah Rental Community</title>
		<link>https://vrjproperties.com/novare-bcdc-team-up-on-new-savannah-rental-community/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Tue, 05 Dec 2023 14:05:48 +0000</pubDate>
				<category><![CDATA[BTR]]></category>
		<category><![CDATA[Hospitality]]></category>
		<category><![CDATA[Industrial]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[BCDC]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Community]]></category>
		<category><![CDATA[Novare]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Rental]]></category>
		<category><![CDATA[Savannah]]></category>
		<category><![CDATA[Team]]></category>
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					<description><![CDATA[<p>Novare Group and BCDC are teaming up to open the 316-unit Populus Pooler to residents in Savannah. The property is between the South’s busiest seaport and the under-construction Hyundai Motor Group “Metaplant,” the largest economic development project in Georgia’s history....</p>
<p>The post <a href="https://vrjproperties.com/novare-bcdc-team-up-on-new-savannah-rental-community/">Novare, BCDC Team up on New Savannah Rental Community</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
]]></description>
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<p data-beyondwords-marker="e5dded92-3234-4cfa-b390-c65b6702d1f9"><strong>Novare Group</strong> and BCDC are teaming up to open the 316-unit Populus Pooler to residents in Savannah. </p>
<p data-beyondwords-marker="9738ace6-07b5-422c-a843-4a5758090c03">The property is between the South’s busiest seaport and the under-construction Hyundai Motor Group “Metaplant,” the largest economic development project in Georgia’s history. The $5.5 billion manufacturing plant, set to open in 2025, is expected to employ at least 8,500 people and produce up to 300,000 electric vehicles annually.</p>
<p data-beyondwords-marker="fce6c75c-20c2-4567-90dc-509938dc47f3">Residents can take advantage of an on-site car care center, a game room and a library nook, conduct business in co-working micro offices or stay in shape at the state-of-the-art fitness center with a yoga and spin room. </p>
<p data-beyondwords-marker="5e54f015-7d55-4ba4-a6d4-ea1774ad508a">The property also features a resort-style pool with a sun deck and tanning ledge, a dog park and pet spa and an outdoor fire pit. Rental rates range from $1,585 to $2,491.</p>
<p data-beyondwords-marker="278d2800-7e8f-49fd-a1bb-cb23f5c17cf8">Dynamik Design performed the architectural duties; Classic Plains Construction the general contractor. Citizens Bank is the senior lender, with Livcor providing mezzanine financing and property management.</p>
</div>
<p><br />
<br /><a href="https://www.connectcre.com/stories/novare-bcdc-team-up-on-new-savannah-rental-community/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/novare-bcdc-team-up-on-new-savannah-rental-community/">Novare, BCDC Team up on New Savannah Rental Community</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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