Gorman & Co. has debuted its second affordable housing community in Atlanta. Located along Martin Luther King Jr. Drive across from the H.E. Holmes MARTA Station in Southwest Atlanta, Hamilton Hills offers 52 apartment units featuring one-, two- and three-bedroom…
GBT has spun off the 201-unit Parke West apartment tower for $72.5 million, nearly $350,000 a unit. Elmington Residential was the buyer. GBT developed the 17-story tower near the intersection of Murphy Road and West End Avenue, which opened in 2022. The…
Aja Constructions paid $13.5 million for land off Fayetteville Road just south of the Highway 70 split. The Town of Garner rezoned the 43-acre site in late 2023 to allow for 654 multifamily units and 40,000 square feet of retail…
Ascendant Development delivered the Haven at Charlotte, a luxury 369-unit property in Nashville. Commercial Edge reports the firm took out a $55.4 million construction loan for the project, which Citizens Financial Group originated in 2021. Haven at Charlotte is…
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…
General Services Corp. paid $88.2 million for a 322-unit apartment complex in West Nashville, which is just over $270,000 a unit. Cortland Partners was the seller. It paid $69.95 million for the property in 2017. The Cortland Bellevue apartments are…
Centennial Yards Company topped out the first residential tower in the sports and entertainment district at Centennial Yards. The company broke ground on the first two projects within the $5 billion 50-acre mixed-use development less than two years ago and marks…
Real estate investor and promoter Grant Cardone has purchased two Miami-area multifamily properties: the Manor at Flagler Village in Fort Lauderdale and the Laurels at Jacaranda in Plantation. The S. Florida Business Journal reports that Nuveen was the seller. The…
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