Lion Real Estate Group acquired a two-property, 208-unit apartment portfolio in Charlotte that was rebranded as Creekside Canopy. The acquisition expands the firm’s Charlotte market presence to three assets and was made on behalf of Lion’s Fund III investment vehicle. The properties…
A Northmarq Carolinas Multifamily Investment Sales team completed the $49.25 million sale of Ryder Junction, a 264-unit multifamily community located at 900 Conductor Circle in Greer, South Carolina. Northmarq also arranged financing on behalf of the borrower, The Beach Company,…
Two heavyweight apartment investors have spent over $183 million gobbling up Charlotte commercial real estate. St. Regis Properties acquired Crown of Queen City near uptown from Kohlberg Kravis & Roberts (KKR) for $88 million in February 2021. The Charlotte Business…
BWE secured a $103 million Fannie Mae Multifamily credit facility execution to finance three market rate housing developments: The Murray in Summerville, SC; 1505 Demonbreun in Nashville, TN; and 131 Ponce in Atlanta, GA. J. Tyler Blue, Paul Wallace, and…
S2 Capital acquired ‘The Landing at Pleasantdale’, a 618 garden-style apartment community. 72 buildings make up the gated community that’s on over 75 acres. Built in 1985, Pleasantdale is located at 3497 Meadowglenn Village Lane in Doraville, GA, a northeast…
Pennrose and Mercy Care have worked out a plan where a portion of 170-units recently completed apartments will be set aside for transitional/respite units for nearby Mercy Care patients in Atlanta. In addition, all residents of McAuley Station will have…
Corner Lot is ready to start taking reservations for its new 320-unit apartment development in Northside Jacksonville. The community is located at 12525 Tibbets Lane. The $75 million project is located directly across from the Amazon Fulfillment and Distribution Centers…
Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the sellers of the Langtree Lake Norman, a 300-unit midrise multifamily project in Mooresville. Berkadia brokered the deal. LangTree Lake Norman…
Housing Trust Group (HTG) and AM Affordable Housing closed on financing and commenced construction on Courtside Apartments II, a $58 million affordable apartment community comprised of 120 units in Miami’s historic Overtown neighborhood. Phase I wrapped up in 2016. Apartments at…
General contractor Swinerton completed its sixth project with OneStreet Residential, HearthSide Riverdale. The demolition of the existing single-family homes on the 2.64-acre site in the South Atlanta suburb of Riverdale, Ga. is underway. The $16.4 million construction project is expected…
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