JV TO DEVELOP THE RHETT STREET APARTMENTS

by admin

GREENVILLE, S.C. — A joint venture between Atlanta-based Kaufman Realty Group LLC (KRG); Charlotte, N.C.-based Lat Purser & Associates Inc. (LPA); and Ray Jones, an apartment development veteran also based in Charlotte, will develop The Rhett Street Apartments in downtown Greenville. The mid-rise, luxury apartment complex will include 150 units. The project will begin construction in February 2013 and is being financed by Bank of America and equity from the three joint venture entities and Columbia, S.C.-based Intermark Management Corp., which will manage the property.

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