Southeast

Berkadia Arranges $19.1M in Acquisition Financing for Build-to-Rent Community in St. Cloud, Florida

by Abby Cox August 10, 2026

ST. CLOUD, FLA. — Berkadia has arranged $19.1 million in acquisition financing for Ibis Park at Harmony West, a newly constructed, build-to-rent (BTR) residential community located at 7110 Sandhill Crane Way in St. Cloud, about 28 miles south of Orlando. Brad Williamson, Kyle Ryan, Mitch Sinberg, Scott Wadler and Matt Robbins of Berkadia secured the financing on behalf of the Coral Gables, Fla.-based borrower, Bayshore Investment Partners (BIP), which purchased the property from D.R. Horton for $29.4 million. The five-year, fixed-rate loan features a full-term, interest-only structure. Completed in 2024, Ibis Park at Harmony West features 101 single-family rental homes with three-, four- and five-bedroom floorplans. Amenities include a clubhouse, fitness center, resort-style swimming pool, volleyball court, playground and outdoor gathering spaces.

August 10, 2026

Acquisitions Hospitality Kentucky Southeast

Huff, Niehaus & Associates Brokers Sale of Quality Inn & Suites Hotel in Horse Cave, Kentucky

by Abby Cox August 10, 2026

HORSE CAVE, KY. — Huff, Niehaus & Associates has brokered the sale of Quality Inn & Suites, a 68-room hotel located at 425 Flint Ridge Road in Horse Cave. Huff, Niehaus & Associates represented the undisclosed buyer in the transaction. The seller and sales price were also not disclosed. The property, which sits along the I-65 corridor in south-central Kentucky between Louisville and Nashville, features a mix of amenities including complimentary breakfast, a seasonal outdoor pool, Wi-Fi, free parking with RV/bus space, a business center, self-serve laundry facilities and pet-friendly rooms.

August 10, 2026

Market Reports Multifamily North Carolina Southeast Southeast Market Reports

Charlotte Multifamily: The Demand Story Is Finally Being Reflected in Rent Growth

by John Nelson August 10, 2026

If you’ve been watching the Charlotte multifamily market for the past 24 months, you’ve probably felt a little whiplash. We delivered a historic wave of new supply, somewhere north of 32,500 units across 2024 and 2025 combined, and a lot of the headlines focused on the same thing: concessions, occupancy pressure and softening rents. Fair. That was the reality on the ground for most operators. But if you look closely at what’s happening right now, a different story is starting to take shape, and it’s one we think may not be getting enough attention. The trend our team is watching most closely heading deeper into 2026: absorption is holding up remarkably well against an elevated supply picture. In fact, we’re starting to see positive rent growth re-emerge on select deals, particularly in well-located submarkets where the construction pipeline has tapered. While this isn’t a market-wide victory lap yet, the green shoots are real, and they’re showing up exactly where you’d expect them to. The data is telling us that Charlotte multifamily rents rose modestly in the first quarter of 2026 as construction starts slowed, with completion totals in 2026 expected to trail levels recorded in 2025 by 26 percent. That’s …

August 10, 2026

Acquisitions Development Florida Multifamily Southeast

IPA Brokers $90.5M Sale of West Palm Beach Condos, Buyer Plans Multifamily Conversion

by Abby Cox August 7, 2026

WEST PALM BEACH, FLA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $90.5 million sale of Pointe Verde Beach Lakes, a 400-unit condominium property located in West Palm Beach. Marcus & Millichap confirmed that the buyer, New Jersey-based apartment operator Kamson Corp., will convert the condos to market-rate apartments. Luke Wickham and Evan Kristol of Marcus & Millichap, along with Shelton Granade and Justin Basquill of IPA, represented Kamson in the transaction. The Ponte Verde at Palm Beach Lakes Condominium Association retained an affiliate of the Condominium Advisory Group LLC, led by John Cadden and Michael Fish, to serve as trustee on behalf of the selling entity. Situated adjacent to Bear Lakes Country Club, Point Verde at Palm Beach Lakes includes 24 two- and three-story residential buildings, along with a clubhouse. Amenities include two swimming pools, two racquetball courts and a dry sauna. The average unit size is 901 square feet.

August 7, 2026

Acquisitions District of Columbia Office Southeast

PRP Acquires 116,385 SF Office Tower in Downtown D.C.

by Abby Cox August 7, 2026

WASHINGTON, D.C. — PRP Real Assets has acquired 900 19th Street NW, a 116,385-square-foot office tower located in Washington D.C’s Central Business District, roughly three blocks west of the White House. According to the Washington Business Journal, the property sold for $30 million. The previous owner, Tishman Speyer, completed a base-building and aesthetic redevelopment of the property, which featured a full-height glass curtain wall replacement, lobby reconstruction, elevator modernization and the addition of a fitness center, tenant lounge, conference facility and rooftop terrace. Approximately 50,000 square feet is available for lease, according to PRP.

August 7, 2026

Acquisitions Industrial South Carolina Southeast

Obelisk Purchases 821,250 SF of Industrial Space in Hanahan, South Carolina

by Abby Cox August 7, 2026

HANAHAN, S.C. — New York City-based Obelisk Real Estate Partners has acquired a two-building industrial park spanning 516,000 square feet (5801 N. Rhett Ave.) and an adjacent 305,250-square-foot industrial building (1020 N. Pointe Industrial Blvd.) in Hanahan, approximately eight miles outside North Charleston. Oak Brook, Ill.-based CenterPoint Properties sold both properties to Obelisk for an undisclosed price. Obelisk has retained Brendan Redeyoff and Bob Barrineau of CBRE to lead leasing efforts at 5801 North Rhett on behalf of Obelisk. Approximately 318,926 square feet of space is available for lease at 5801 North Rhett, which can accommodate manufacturing, logistics and distribution users. The property also offers CSX rail service and up to 3.3 acres of laydown yard space. The facility is also situated near the Naval Information Warfare Center (NIWC) and Charleston International Airport, where Boeing is expanding its production facility.

August 7, 2026

Baltimore_Marriott_Inner_Harbor_at_Camden_Yards_exterior

Development Hospitality Maryland Southeast

Ownership Completes Phase I Renovations of Baltimore Marriott Inner Harbor at Camden Yards Hotel

by Abby Cox August 7, 2026

BALTIMORE — A New York-based development firm doing business as SC Baltimore Hotel LLC has completed the first phase of the renovation of the Baltimore Marriott Inner Harbor at Camden Yards, a 523-room hotel located at 110 S. Eutaw St. in downtown Baltimore. HEI Hotels & Resorts operates the hotel, which is situated near Oriole Park at Camden Yards, the home ballpark of the Baltimore Orioles. Phase I is part of a two-part, $30 million property-wide renovation. The second phase, which will include upgrading the lobby, restaurant and meeting spaces, is expected to commence in the first quarter of 2027. Phase I focused on modernizing the hotel’s guestrooms, suites and concierge lounge. New in-room amenities include a smart TV with casting and streaming options, a mini-refrigerator, coffee maker and Wi-Fi. The executive lounge, located on the 10th floor, has been refreshed to provide an elevated experience for the hotel’s Marriott Bonvoy Platinum Elite, Titanium Elite and Ambassador Elite members, which features modern enhancements, new seating and a refined atmosphere. Guests can also enjoy complimentary all-day beverages, free daily breakfast and evening hors d’oeuvres. Additional hotel amenities include 24-7 fitness and business centers, more than 18,400 square feet of event space and The …

August 7, 2026

Acquisitions Affordable Housing Georgia Southeast

JLL Brokers $147M Sale of Seniors Housing Portfolio in Metro Atlanta

by John Nelson August 6, 2026

ATLANTA — JLL’s National Seniors Housing Capital Markets team has brokered the $147 million sale of a five-property seniors housing portfolio in submarkets north of Atlanta. The properties include Brickmont at Woodstock in Woodstock, Brickmont at Acworth in Acworth, Brickmont at Johns Creek in Cumming, Brickmont at West Cobb in Marietta and Brickmont at Roswell in Alpharetta. The portfolio comprises 611 units and 701 beds of assisted living and memory care, as well as amenity packages including theaters, restaurant-style dining, bistros, bars, art studios, game rooms and landscaped courtyards. An institutional investor acquired the portfolio in an all-cash transaction from a joint venture between Centric Development and Sage Equities. Centric Development developed the properties between 2018 and 2022. Jay Wagner, Rick Swartz, Aaron Rosenzweig, Tim Hosmer, Erik Von Hamm, Anthony Fertitta, Joel Mendes and Peter Yorck of JLL represented the seller in the transaction. The new ownership has retained Claiborne Senior Living to continue to operate the communities post-acquisition.

August 6, 2026

Acquisitions Industrial Maryland Southeast

Sagard Acquires Distribution Facility in Baltimore County for $91M

by John Nelson August 6, 2026

ROSEDALE, MD. — Sagard Real Estate has purchased a 621,144-square-foot distribution center located at 7001 Quad Ave. in Rosedale, a city in east Baltimore County. An undisclosed, California-based investor sold the industrial property to Sagard Real Estate, a subsidiary of Denver-based Sagard, for $91 million. Built in 2004, the cross-dock facility is situated on 32 acres approximately five miles from the Port of Baltimore’s Seagirt and Dundalk marine terminals and downtown Baltimore. The distribution center was fully leased at the time of sale to users in the food-and-beverage and third-party logistics sectors, including Goetze’s Candy and Southern Wine & Spirits, according to Baltimore Business Journal.

August 6, 2026

Development Multifamily Southeast Tennessee

McShane Construction Delivers 332-Unit Ellison Cool Springs Apartments Near Nashville

by John Nelson August 6, 2026

FRANKLIN, TENN. — McShane Construction Co. has delivered Ellison Cool Springs, a 332-unit apartment community located at 2000 Aspen Way in Franklin, a southern suburb of Nashville. The co-developers are Flournoy Development Group and National Healthcare Corp. (NHC). Designed by Dynamik Design, the property features a mix of one-, two- and three-bedroom apartments with monthly rental rates ranging from $1,760 to $4,305, according to Apartments.com. Amenities include a heated saltwater pool, an indoor-outdoor entertainment pavilion, outdoor courtyards, hammock garden, dog park, pet spa, fitness and wellness center, grab-and-go market, coworking lounge and a podcast/music recording studio. Ellison Cool Springs also offers 15 commercial units on the ground level, two concrete parking decks and five six-bay, standalone parking garages. McShane began construction on the apartment development in 2024.

August 6, 2026

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