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…
Multifamily developer Northwood Ravin has something for everyone just outside Charlotte. The Lodges at Fort Mill, a 261-unit rental community off Fort Mill Highway, just east of Indian Land includes 118 apartments, 80 townhomes and 63 single-family homes. The community…
Origin Investments acquired the Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily community at 715 Hagan St. in the WeHo neighborhood of downtown Nashville, Tenn. The purchase price exceeded $79.4 million. Queens Wedgewood-Houston, developed by Proffitt Dixon, was delivered in 2023…
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,…
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…
Mesirow sold a 216-unit Charlotte apartment community to Expedition Capital Advisors (ExCap) for $54.7 million. Northmarq’s Andrea Howard, John Currin, Allan Lynch, Caylor Mark, Jeff Glenn, and Austin Jackson brokered the sale of Enclave at Rivergate, a multifamily property built in 2009 and located at 12400…
LIV Development paid $63.26 million for the Eastside Heights apartments. The Nashville Business Journal reports that’s about a million dollars less than the seller, Steadfast Cos. paid for the property in 2019. The building, located near the East Bank, opened…
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