Thursday, June 19, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Southeast

DevelopmentGeorgiaSoutheastStudent Housing

Toll Brothers Campus Living Completes $91M Student Housing Development Near Georgia Tech

by John Nelson

ATLANTA — Toll Brothers Campus Living has completed Kinetic, a $91 million student housing development located near the Georgia Institute of Technology (Georgia Tech) campus in Midtown Atlanta. US Bank provided construction financing for the 752-bed project, which broke ground in July 2022. The community offers 239 fully furnished units with bed-to-bath parity in one- through five-bedroom configurations. Shared amenities include study lounges with private and collaborative workspace; a high-tech content studio; coffee bar; community room with a large-screen TV; e-sports lounge; social lounges; and a fitness center with modern equipment and a sauna. Kinetic also features a sky lounge on the 34th floor with a swimming pool and an outdoor courtyard with grills and rooftop dining space.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaHospitalityLoansMixed-UseSoutheast

BD Hotels Secures $75M Construction Financing for Hotel at Nora District in West Palm Beach

by John Nelson

WEST PALM BEACH, FLA. — BD Hotels has secured a $75 million construction loan for The Nora Hotel, a 201-room hotel to be developed within the Nora District mixed-use project in West Palm Beach. Metropolitan Commercial Bank provided the financing, which Steven Klein and Mark Fisher of JLL arranged on behalf of the borrower. Developed in partnership with NDT Development, Place Projects and Wheelock Street Capital, the property will feature Pastis West Palm Beach as a ground-floor restaurant, and STARR Restaurants will operate the hotel’s rooftop restaurant and lounge, as well as the hotel’s in-room dining service. A construction timeline for the hotel was not disclosed. Phase 1 of the Nora District broke ground in June 2023 and will feature 150,000 square feet of retail, office and hospitality space. Confirmed retailers at the project include Loco Taqueria & Oyster Bar, H&H Bagels, Van Leeuwen Ice Cream, The Garret Group, Juliana’s Pizza, Celis Juice Bar and Café, Del Mar Mediterranean Restaurant, Sana Skin Studio, Mint, The Spot Barbershop, [solidcore] and Sunday Motor Co.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentGeorgiaLeasing ActivityMixed-UseRestaurantRetailSoutheast

Game Show Challenge to Open 3,889 SF Entertainment Venue at Lee + White in Atlanta

by John Nelson

ATLANTA — Entertainment retail concept The Game Show Challenge has signed a 3,889-square-foot lease at Lee + White, an adaptive reuse development located in the West End of Atlanta. Kelly Wilson of Ackerman Retail arranged the lease on behalf of the developers, Ackerman & Co. and MDH Partners. Located in Building 1000, the space will feature two studios with interactive games. The venue is scheduled to open later this year and marks the third location for The Game Show Challenge, which also operates outposts in Columbia and Greenville, S.C. Ackerman & Co. and MDH Partners acquired the Lee + White mixed-use property, which totals 442,562 square feet, in 2019. The latest phase of development includes a food hall, creative office space, retail space and a “Great Lawn” with gathering and event space.

Continue Reading
FacebookTwitterLinkedinEmail
FloridaGeorgiaLoansLouisianaNorth CarolinaRetailSouth CarolinaSoutheast

BWE Arranges Financing for 104-Property Circle K Retail Portfolio in the Sun Belt

by John Nelson

IRVINE, CALIF. — BWE has arranged a $45.5 million loan for the financing of a Circle K portfolio across six states in the Sun Belt. Located in Arizona, Florida, Georgia, Louisiana, North Carolina and South Carolina, the portfolio comprises 104 single-tenant convenience store and gas station properties. Tom Kenny and Josh Boehling of BWE’s Irvine, Calif., office arranged the loan through a life insurance company on behalf of the undisclosed borrower. The five-year, fixed-rate financing features interest-only payments and a five-year extension option.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLoansSouth CarolinaSoutheast

CH Realty Partners Secures $50M Refinancing for Industrial Facility Near Spartanburg, Carolina

by John Nelson

UNION, S.C. — Development and investment firm CH Realty Partners has secured a $50 million loan for the refinancing of its industrial facility located at 260 Midway Drive in Union, roughly 30 miles southeast of Spartanburg. Built in 2023 for mycelium technology company MycoWorks, the property spans 150,000 square feet. The refinancing with 3650 Capital will allow CH Realty Partners to optimize the capital structure of the property and ensure long-term support for MycoWorks. CH Realty Partners is also currently underway on a build-to-suit food manufacturing facility in Wilson, N.C., for Believer Meats.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHospitalityMixed-UseSouth CarolinaSoutheast

Frampton Begins Construction on 100-Room Residence Inn Hotel in Mount Pleasant, South Carolina

by John Nelson

MOUNT PLEASANT, S.C. — Frampton Construction Co. has broken ground on a new, 100-room hotel in Mount Pleasant. Frampton is serving as the general contractor on behalf of the developer, Bennett Hospitality, which will operate the property as Residence Inn. Upon completion, the hotel will total 82,000 square feet across five stories. The Residence Inn will be situated within the five-phase, $500 million Patriots Annex development located on the east side of Charleston Harbor and will be within walking distance of Patriots Point Soccer Stadium, the College of Charleston Baseball Stadium x Tennis Center, the Patriots Point Links golf course and the Patriots Point Naval and U.S. /Maritime Museum. The Residence Inn hotel will feature a fitness center, pool, meeting rooms and dining and bar areas. The project team includes Winford Lindsay Architect and civil engineer Seamon Whiteside. Completion of the hotel is scheduled for 2026.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsAlabamaSoutheastStudent Housing

Muinzer Acquires 752-Bed Student Housing Community Near Auburn University

by John Nelson

AUBURN, ALA. — Muinzer has acquired Samford Square, a 752-bed student housing community located near the Auburn University campus. The property offers units in two-, three- and four-bedroom configurations, all of which were fully leased at the time of sale. Shared amenities at Samford Square include a resort-style swimming pool, cyber café, resident activity room, sand volleyball court, clubhouse, hammock garden, 24-hour gaming lounge and a tanning bed. Peter Katz of Institutional Property Advisors (IPA), a division of Marcus & Millichap, brokered the transaction. The seller and terms of the deal were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentGeorgiaMultifamilySeniors HousingSoutheast

Swinerton Breaks Ground on $16.4M Mixed-Income Multifamily Project in Metro Atlanta

by John Nelson

RIVERDALE, GA. — General contractor Swinerton has broken ground on Hearthside Riverdale, a $16.4 million multifamily project in Riverdale\. Swinerton is completing the construction on behalf of the developer, OneStreet Residential. Situated on 2.6 acres roughly 15 miles south of Atlanta, the community will feature 70 one- and two-bedroom apartments, with 12 units rented at market rates and 58 units reserved as affordable housing for senior residents earning at or below 60 percent of the area median income (AMI). Amenities at the property will include a community room, laundry room, fitness center, garden bed and pet-friendly features. Completion is scheduled for early 2026.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaMixed-UseRetailSoutheast

Live Nation to Open 3,500-Seat Venue at Westcourt Mixed-Use Project in Downtown Orlando

by John Nelson

ORLANDO, FLA. — Live Nation plans to open a 3,500-seat entertainment venue at Westcourt Sports and Entertainment District, a 900,000-square-foot mixed-use project currently underway in downtown Orlando. Construction on the facility is scheduled to begin early next year, with an anticipated opening in 2027. SED Development, JMA Ventures and Machete Group are developing Westcourt, which will feature a 261-room Kimpton hotel, 265 residential units, 300,000 square feet of office space and 125,000 square feet of entertainment and dining-focused retail space. Westcourt will also feature 1.5 acres of flexible green space that will host programming including yoga classes, farmer’s markets, live music, food festivals and movie nights.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMixed-UseNorth CarolinaRetailSoutheast

Crosland Southeast Breaks Ground on Publix-Anchored Shopping Center in Durham

by John Nelson

DURHAM, N.C. — Crosland Southeast has broken ground on Latta Park, a planned mixed-use community located on the north end of Durham. The first phase spans 10 acres and will include a 42,240-square-foot Publix grocery store and 12,580 square feet of shop space. Phase I will also comprise a food truck terrace, walking trails, green space and public art installations. Crosland Southeast has tapped Chip Lanier and Jenn Olevitch-Roberson of Lee & Associates to oversee retail leasing at Latta Park, which is slated for a spring 2026 completion. The developer is investing $2 million in infrastructural improvements at the intersection of Guess and Latta roads to make way for the development. Future phases of the 30-acre mixed-use community will include 176 townhomes built by Tri Pointe Homes.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts