Southeast

Vertical Construction Begins on $1.2B Hospital Development in North Charleston

by John Nelson April 30, 2026

NORTH CHARLESTON, S.C. — The Barton Malow | Edifice joint venture team has begun structural steel work at Roper St. Francis Healthcare’s $1.2 billion Roper Hospital development in North Charleston. The start of steel work signals the 27-acre project’s transition from below-grade construction to its vertical rise. Designed by E4H Environments for Health Architecture and Skidmore, Owings & Merrill, the hospital campus will span 805,000 square feet and will offer 328 inpatient beds, a 47-bay emergency department, 44 critical care beds, 18 operating rooms, a comprehensive imaging department and a 12-bay hemodialysis unit. Completion is targeted for 2029.

April 30, 2026

Affordable Housing Development Florida Seniors Housing Southeast

McDowell Housing, Miami Jewish Health Open $139M Affordable Senior Living Community

by John Nelson April 30, 2026

PEMBROKE PINES, FLA. — McDowell Housing Partners and Miami Jewish Health have completed the development of Douglas Gardens Senior Health and Living, a new affordable seniors housing community located in Pembroke Pines, roughly 25 miles northwest of Miami. Now open, the community totals 410 units reserved for residents age 55 and older earning 30, 60 and 100 percent of the area median income. Amenities at the community include a pond with walking paths, theater room, business center and multiple indoor and outdoor gathering spaces. Development costs for the project totaled $139 million. This marks the third project completed in partnership by McDowell Housing and Miami Jewish Health. ANF Group served as the construction manager. The project team also included engineer and landscape designer Keith & Associates, REPRTWAR Architecture and Design and interior designer Jewel Toned Interiors.

April 30, 2026

Loans Multifamily Southeast Virginia

Berkadia Originates Three HUD-Insured Loans for Multifamily Properties in Virginia

by John Nelson April 30, 2026

RICHMOND, VA. — Berkadia has originated three HUD 223(f) loans for a trio of garden-style apartment communities in Virginia. The deals included an $11.5 million loan for the refinancing of Westlake Apartments in Hardy; a $9.5 million loan for the refinancing of River Retreat Apartments in Covington; and an $11.4 million loan for the refinancing of Madison Apartments in Christiansburg. Amy Gay of Berkadia’s FHA/HUD division originated the loans on behalf of the borrower, Roanoke, Va.-based Fralin Cos.

April 30, 2026

Acquisitions Florida Healthcare Southeast

Cushman & Wakefield Brokers $6.9M Sale of Delray Beach Medical Pavilion in South Florida

by John Nelson April 30, 2026

DELRAY BEACH, FLA. — Cushman & Wakefield has brokered the $6.9 million sale of Delray Beach Medical Pavilion, a 36,041-square-foot healthcare facility located at 14000 S. Military Trail in Delray Beach. Located in South Florida’s Palm Beach County, the clinic features covered parking and was 63.4 percent leased at the time of sale. Benlee Asset Management purchased Delray Beach Medical Pavilion from the seller, an entity doing business as 14000 S Military Trail LLC. Scott O’Donnell, Mike Ciadella, Greg Miller, Miguel Alcivar, Gino Lollio and Travis Ives of Cushman & Wakefield represented the seller in the transaction.

April 30, 2026

Florida Loans Multifamily Southeast

Walker & Dunlop Provides $60.2M Agency Loan for Apartment Community in Brandon, Florida

by John Nelson April 29, 2026

BRANDON, FLA. — Walker & Dunlop has provided a $60.2 million Freddie Mac loan for 2211 Grand Isle Apartment Homes, a 390-unit, garden-style apartment community located at 2211 Grand Isle Drive in Brandon, a southeastern suburb of Tampa. Stephen West, Matthew Wallach and Walker Layne of Walker & Dunlop originated the floating-rate loan on behalf of the borrower, Providence Real Estate. Apprise, Walker & Dunlop’s independent third-party appraisal platform, appraised the transaction. Built in 1999, 2211 Grand Isle Apartment Homes offers one-, two-, three- and four-bedroom residences, as well as a 24-hour fitness center, car care center and a pool with poolside cabanas.

April 29, 2026

Development Industrial Southeast Virginia

Matan Breaks Ground on 250,000 SF Spec Industrial Facility in Stafford, Virginia

by John Nelson April 29, 2026

STAFFORD, VA. — Matan Cos. has broken ground on a 250,000-square-foot industrial facility located at the Courthouse Road interchange off I-95 in Stafford, about 44 miles south of Washington, D.C. The spec facility is the first property within Matan’s Venture Industrial park. The property will feature 36-foot clear heights, 52- by 47.5-foot column spacing, a 130-foot truck court, 60 dock doors, 243 parking spaces and four electric vehicle charging stations. Matan expects tenant build-outs at the facility to begin in May 2027 and for the building to be substantially complete by July 2027. The property can accommodate single or multiple users.

April 29, 2026

Georgia Leasing Activity Office Southeast

Newmark Arranges 40,124 SF Office Lease at 1375 Peachtree in Midtown Atlanta

by John Nelson April 29, 2026

ATLANTA — Newmark has arranged a 40,124-square-foot office lease at 1375 Peachtree, a seven-story, 412,000-square-foot office building in Midtown Atlanta. The tenant, Drew Eckl & Farnham, will move into its new space on the sixth floor this December. The law firm is consolidating and relocating from nearby Truist Plaza. Craig Kalinowski, Stewart Thrash, Brad Kirschner, R.J. Zurak and Lindsay Kalski of Newmark represented the landlord, Toronto-based FullG CRE Investments Inc., in the lease transaction. John Winter and L.J. Wilhelmi of Stream Realty Partners represented the tenant. 1375 Peachtree recently underwent a capital improvement program that included a modernized façade, lobby transformation, new fitness center and two new food-and-beverage concepts by Hospitality HQ: a modern French brasserie, Brasserie Lundi, and a chef-driven food hall, The Peacherie, both of which are now open.

April 29, 2026

Development Florida Leasing Activity Restaurant Retail Southeast

Tavistock Signs Four Retailers at Lake Nona West Shopping Center in Orlando

by John Nelson April 29, 2026

ORLANDO, FLA. — Tavistock Development Co. has signed four new tenants to join the roster at Lake Nona West, a walkable, 405,000-square-foot shopping center underway in the Lake Nona master-planned community in Orlando. The 54-acre, Target-anchored shopping center is set to debut next month. New retailers joining the development include Drybar, Just Salad, Gloss Nail Co. and Kilwins Ice Cream. Previously announced tenants at Lake Nona West include Homesense, Barnes & Noble, Dick’s Sporting Goods, Golf Galaxy, Total Wine & More, JETSET Pilates, Nordstrom Rack, Sephora and Canonita, a Mexican restaurant.

April 29, 2026

Acquisitions Industrial Mississippi Southeast Tennessee

Provident Industrial Acquires 2.5 MSF Portfolio in Metro Memphis

by John Nelson April 28, 2026

MEMPHIS, TENN. — Provident Industrial, a division of Dallas-based Provident, has acquired a 13-property industrial portfolio across the Memphis area totaling more than 2.5 million square feet. Case Van Lare and Christopher Martin led the Provident Industrial team in the transaction. The firm plans to hold the portfolio as a long-term investment opportunity. The seller and sales price were not disclosed, but the Memphis Business Journal reports that the seller was Blackstone Real Estate Income Trust Inc. and that 11 assets within Shelby County, Tenn., sold for $115 million. The outlet also reports that Provident Industrial purchased 33.7 acres in DeSoto County, Miss. Tenants within the portfolio include The Home Depot, UPS, Northstar and GXO, according to Memphis Business Journal.

April 28, 2026

Loans Multifamily North Carolina Southeast

KeyBank Provides $46.2M Refinancing for Multifamily Portfolio in Fayetteville, North Carolina

by John Nelson April 28, 2026

FAYETTEVILLE, N.C. — KeyBank Real Estate Capital has provided a $46.2 million bridge loan for the refinancing of a three-property multifamily portfolio in Fayetteville, about 65 miles south of Raleigh. Pranav Sarda and Alan Isenstadt from KeyBank’s Income Property Group structured the financing on behalf of the borrower, Valor Residential Group, which acquired the portfolio in 2022. The 508-unit portfolio comprises Carlson Bay (214 units, built in 2000), Meadowbrook (186 units, built in 2001) and Stoney Ridge (108 units, built in 2001).

April 28, 2026

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