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DevelopmentGeorgiaMultifamilySoutheast

Atlas Opens 192-Unit Hawkins Apartments in Chamblee, Georgia

by John Nelson

CHAMBLEE, GA. — Atlas Real Estate Partners has opened The Hawkins, a 192-unit apartment community located at 3311 Hood Ave. in Chamblee, a northeast suburb of Atlanta. The property is situated adjacent to DeKalb-Peachtree Airport and is currently 63 percent occupied. The project team included FIDES Development, New South Construction, Nelson Architects and Banko Design, and Greystar is providing property management services. The Hawkins offers a mix of studio, one-, two- and three-bedroom residences, with monthly rental rates ranging from $1,558 to $3,069, according to Apartments.com. Amenities include a sky lounge overlooking the airport, coworking spaces, an indoor/outdoor fitness center, resort-style swimming pool and dog spa facilities. The Hawkins will eventually feature ground-floor retail space and a grab-and-go market, according to Atlas.

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LoansMarylandSoutheastStudent Housing

Seven Hills Realty Trust Provides $37.3M Financing for Student Housing Community Near University of Maryland

by John Nelson

COLLEGE PARK, MD. — Seven Hills Realty Trust has provided a $37.3 million loan for Mazza Grandmarc, a 628-bed student housing community located near the University of Maryland campus in College Park. The loan features an initial term extending through November 2028 with two 12-month extension options. The borrower was not disclosed. Seven Hills Realty Trust is managed by Tremont Realty Capital.

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AcquisitionsFloridaRetailSoutheast

SRS Negotiates $10.5M Sale of Retail Center in Temple Terrace, Florida

by John Nelson

TEMPLE TERRACE, FLA. — SRS Real Estate Partners has negotiated the $10.5 million sale of Fountain Shoppes, a retail center in Temple Terrace totaling 18,110 square feet. Built in 2022, the four-building property is located on a 2.6-acre site at 8942 Bertha Palmer Blvd. Fountain Shoppes was fully leased at the time of sale to seven tenants, including Starbucks Coffee, Jersey Mike’s, Rocking Crab, The Joint Chiropractic, Hand & Stone, AT&T and Chase Bank. Patrick Nutt and William Wamble of SRS represented the seller, a Florida-based investor and developer, in the transaction. The buyer was a Florida-based private investor. Both parties requested anonymity.

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AcquisitionsLoansMarylandRetailSoutheast

MMCC Arranges $3.9M Acquisition Loan for Metro Baltimore Retail Strip Center

by John Nelson

BEL AIR, MD. — Marcus & Millichap Capital Corp. (MMCC) has arranged $3.9 million in acquisition financing for The Shoppes at James Run, a 13,189-square-foot retail property located in Bel Air, approximately 25 miles northeast of Baltimore. Jared Cassidy of MMCC secured the 7-year loan on behalf of a private client. The loan features a 5.64 percent interest rate and a 25-year amortization schedule. The Shoppes at James Run features a mix of tenants including Starbucks Coffee, Chipotle Mexican Grill, Olive Garden, LongHorn Steakhouse, a café and an urgent care office.

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FeaturesMultifamilyMultifamily & Affordable Housing Feature ArchiveSoutheastStudent Housing

In What Ways Is Student Housing a Different Animal Than Conventional Multifamily? InterFace Panel Weighs In

by Kristin Harlow

ATLANTA — Andrew Layton, chief acquisition officer for Atlanta-based Student Quarters, knows that from a commercial real estate investment standpoint, the student housing sector possesses a key advantage: the relative permanence of many flagship universities nationally. “There is no risk of the University of Kentucky uprooting itself from Lexington and moving to Frankfort anytime soon. In the conventional multifamily world, neighborhoods come, neighborhoods go. What was hot yesterday may not be so hot today. What was cold yesterday may be the flaming new market tomorrow. That’s just not the case in what we do,” emphasized Layton, who leads the origination and underwriting efforts involving both the acquisition and development of student housing assets for the Student Quarters’ investors.  “There’s a sense of permanence [surrounding these academic institutions], and if you can get on the ground and do your due diligence, you can figure out relatively easily where things work and where things don’t work in a student housing market.” Student Quarters owns and operates over 13,000 beds nationally, stretching east to west from Clemson, South Carolina, to Tempe, Arizona; and north to south from East Lansing, Michigan, to Tallahassee, Florida. The insights from Layton, who’s worked in the student housing …

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AcquisitionsCaliforniaFloridaGeorgiaIndustrialNew JerseyNew YorkPennsylvaniaTop Stories

Investcorp Acquires 2.6 MSF Industrial Portfolio for $400M

by Hayden Spiess

NEW YORK CITY — Global alternative investment firm Investcorp has completed the $400 million acquisition of an industrial portfolio located in markets across the Eastern and Western United States. The seller was not disclosed. Totaling 2.6 million square feet, the portfolio comprises 35 buildings across seven markets. Properties in the portfolio include a 76,000-square-foot, two-building portfolio in Philadelphia; a 44,000-square-foot building in New Jersey; 92,000 square feet across two buildings on Long Island; a 1.3 million-square-foot logistics portfolio in Sacramento, Calif.; 156,000 square feet across two buildings in Tampa, Fla.; a 115,000-square-foot, three-building portfolio in South Florida; and a 12-building, 814,000-square-foot portfolio on Atlanta’s north side.  Average occupancy across the portfolio was at 97 percent as of October.  According to Green Street Advisors, each of the seven markets associated with the portfolio saw strong demand growth in the industrial sector during the third quarter of 2025. The firm noted that new supply in these markets makes up less than 1.3 percent of current inventory. “Despite shifting trade dynamics and supply chain disruptions across the country, the U.S. industrial sector has retained its foundational strength,” says Herb Myers, global head of real assets at Investcorp. “This is particularly true for these and similar …

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AcquisitionsDevelopmentLife SciencesNorth CarolinaSoutheast

Ypsomed Buys Life Sciences Facility in Metro Raleigh, Plans $250M Biomedical Manufacturing Project

by John Nelson

HOLLY SPRINGS, N.C. — Ypsomed, a Swiss manufacturer of injection systems for the self-administration of insulin and other liquid medicines, has purchased a life sciences facility in Holly Springs, a suburb of Raleigh. The firm purchased Building H within The Yield Holly Springs from the developer, Charlotte-based Crescent Communities, for $31.5 million. Ypsomed plans to invest $250 million to establish the 110,000-square-foot property as its first manufacturing facility in the United States. Ypsomed plans to customize Building H to be operational in 2027.

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DevelopmentLoansMultifamilySoutheastVirginia

Berkadia Arranges Construction Financing for $144M Apartment Development in Richmond

by John Nelson

RICHMOND, VA. — Berkadia has arranged construction financing for a new $144 million multifamily development located at 3200 W. Moore St. in Richmond. The financing comprises a senior construction loan from TD Bank and an equity investment from Red Cove Capital. Brian Crivella, Brian Gould, Bill Gribbin, Yalda Ghamarian, Hunter Wood, Drew White, Carter Wood and Cole Carns of Berkadia arranged the financing on behalf of the borrower, a joint venture between Hoffman & Associates and DeBartolo Development LLC. Situated in the Scott’s Addition neighborhood of Richmond, the property will feature 366 apartments and 18,000 square feet of retail space on the ground level. The community will feature 10,000 square feet of amenities, including multiple courtyards and terraces and a pool deck, as well as lounge, dining and event spaces. Demolition on the project began last month.

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DevelopmentFloridaMultifamilySoutheast

Resia Opens 420-Unit Apartment Community in Miami

by John Nelson

MIAMI — Resia has opened Resia Golden Glades, a 420-unit apartment community located at 15955 N.W. 6th Ave. in Miami. The property features prefabricated bathrooms and kitchens with full electrical and plumbing that Resia developed off-site at its manufacturing facility in Fairburn, Ga. Situated on Miami’s northern end, Resia Golden Glades offers a mix of one-, two- and three-bedroom units with private balconies or patios. Monthly rental rates range from $2,115 to $3,905, according to Apartments.com. Amenities include a 24/7 fitness center, swimming pool, clubhouse, playground, an onsite management team, coworking spaces, EV charging stations, a mini market and a 705-car parking garage.

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AcquisitionsFloridaRetailSoutheast

Cushman & Wakefield Brokers Sale of Publix-Anchored Shopping Center in Lakeland, Florida

by John Nelson

LAKELAND, FLA. — Cushman & Wakefield has brokered the sale of Grove Park Shopping Center, a 120,150-square-foot, Publix-anchored retail center located at 1617 U.S. Highway 98 in Lakeland. A private entity tied to Daniel Halberstein purchased the center for an undisclosed price. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield’s Retail Investment Advisors represented the seller, Longpoint Partners, in the transaction. Grove Park was originally developed in 1960 by George Jenkins, the founder of Publix Super Markets. The property, which was fully renovated in 2019, was 100 percent leased at the time of sale to tenants including CVS, Dollar Tree and Humanitary Medical Center.

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