Southeast

City of Greer Begins Vertical Construction on $100M Sports Facility in Upstate South Carolina

by John Nelson April 16, 2026

GREER, S.C. — The City of Greer has begun vertical construction on the new Greer Sports & Events Center, a 200,000-square-foot sports and recreation facility built for everyday use and high-occupancy tournaments and events. The $100 million civic project is part of the city’s ForGreer community initiative. Set to open in 2027, the facility will include eight full-size basketball courts with adaptable configurations for volleyball, wrestling and pickleball, as well as a separate purpose-built basketball court. Other aspects of the building will include administrative offices, flexible community spaces, an indoor walking track, concessions areas, multi-sport simulators and exercise and wrestling spaces. The design-build team includes RMF Engineering, McMillan Pazdan Smith Architecture and Harper General Contractors.

April 16, 2026

Development Florida Loans Multifamily Southeast

PCCP Provides $92.5M Construction Loan for Multifamily Development in Orlando

by John Nelson April 16, 2026

ORLANDO, FLA. — PCCP LLC has provided a $92.5 million construction loan for Emi on 50, a 336-unit apartment development located at 1840 E. Colonial Drive in Orlando’s Mills 50 neighborhood. The borrower is Terian Development. Set for completion in second-quarter 2028, the nine-story community will offer studio, one-, two- and three-bedroom units averaging 895 square feet in size, with 20 apartments designed as live/work units and 15 planned as two-story townhomes. Amenities will include a fitness center, speakeasy and a café, as well as a rooftop deck with a pickleball court, pool, grilling stations and a Zen garden.

April 16, 2026

Acquisitions Florida Retail Southeast

CBRE Brokers Sale of 96,946 SF Shopping Center in Casselberry, Florida

by John Nelson April 16, 2026

CASSELBERRY, FLA. — CBRE has brokered the sale of Casselberry Square, a 96,946-square-foot shopping center located at the intersection of State Road 436 and Red Bug Lake Road in Casselberry, a suburb of Orlando. The property was fully leased at the time of sale to tenants including Ollie’s Bargain Outlet, Pet Supermarket and Dollar General. Dennis Carson, Casey Rosen, Dan Baker and Michael Etemad of CBRE represented the seller in the transaction, which included two vacant outparcels. Daryl Carter and Emily Brown of Maury L Carter & Associates co-represented the seller. The buyer was an affiliate of Present Equity, a value-add retail and industrial investment firm based in Aventura, Fla.

April 16, 2026

Acquisitions Retail Southeast Tennessee

Carmichael Capital Acquires 22,802 SF Adaptive Reuse Retail Property in Nashville

by John Nelson April 16, 2026

NASHVILLE, TENN. — Carmichael Capital LLC, a locally based real estate investment firm founded by Taylor Camp, has acquired The Mill, a 22,802-square-foot adaptive reuse retail property located at 515 Merritt Ave. in Nashville’s Wedgewood-Houston neighborhood. SomeraRoad, an active mixed-use development firm in the Nashville market, sold the property for an undisclosed price. The Mill’s tenant roster comprises retail and restaurant concepts including Indochino, Hermitage Kitchen Gallery, Gordo’s Taqueria and BC Block Fitness. Kipper Worthington of Cushman & Wakefield handles the leasing assignment at The Mill, which is the second acquisition in the Wedgewood-Houston neighborhood for Carmichael Capital.

April 16, 2026

Acquisitions Industrial Southeast Virginia

Lingerfelt, Partners Group Sell Metro Richmond Industrial Portfolio for $175M

by John Nelson April 15, 2026

RICHMOND, VA. — A joint venture between Lingerfelt and Partners Group has sold a nearly 1.2 million-square-foot industrial portfolio in metro Richmond for $175 million. JLL represented the joint venture in the transaction. The buyer was not disclosed. The portfolio includes three buildings within Walthall Distribution Center in South Chesterfield, Va., and one building within Northlake Distribution Center in Ashland, Va. Lingerfelt and Partners Group acquired the portfolio in March 2023 for $105.6 million, with Partners Group as the majority investor in the joint venture. The partnership invested $9 million in capital improvements into the portfolio and executed 875,000 square feet of new leases and lease renewals during its ownership period. Range Commercial Partners previously handled property management and leasing for the portfolio, which was fully leased at the time of sale.

April 15, 2026

Development Georgia Multifamily Southeast

Vida Begins Construction on 280-Unit Verona Apartments in Fairburn, Georgia

by John Nelson April 15, 2026

FAIRBURN, GA. — Vida Cos. has begun construction on Verona, a 280-unit apartment community located at the corner of Landrum and Senoia roads in Fairburn, about 20 miles southwest of Atlanta. The garden-style property will offer one-, two- and three-bedroom apartments, all with private balconies. Amenities will include a courtyard with a saltwater swimming pool and grilling stations, a fitness center, clubhouse, coworking lounge and a dog park. The property will also feature a 1,500-square-foot coffee shop open to the public and 5,500 square feet of ground-level retail space. Vida plans to deliver Verona in fall 2027. The developer also recently closed on construction financing from Parse Capital and a 10-year tax incentive from Develop Fulton, an economic development authority for Fulton County. The design-build team includes Buckhaven Construction Services (general contractor), Dwell Design Studio (architect), Crosby Design Group (interior designer), Gaskins + LeCraw (civil engineer) and B+C Studio (landscape architect).

April 15, 2026

Affordable Housing Development District of Columbia Multifamily Southeast

NRP Group, MHCDO Break Ground on 109-Unit Mixed-Income Community in D.C.

by John Nelson April 15, 2026

WASHINGTON, D.C. — The NRP Group and housing nonprofit Marshall Heights Community Development Organization (MHCDO) have broken ground on The Waymark, a 109-unit mixed-income housing community located at 4435 Benning Road NE in Washington, D.C. Situated in the city’s Ward 7 near the Benning Road Metro station, the nine-story property will feature studio, one-, two- and three-bedroom units reserved for families and individuals earning up to 30, 50 and 80 percent of the area median income (AMI), with 22 units reserved as permanent housing for individuals at risk of homelessness. Future residents will be one Metro stop away from RFK Stadium, the future home of the Washington Commanders NFL team. Amenities at The Waymark will feature a multi-use space on the first floor, a fitness center and onsite resident programs, including financial literacy workshops and job readiness training. Financial partners include DC Department of Housing and Community Development (DHCD), which provided debt; the DC Housing Finance Agency (DCHFA), serving as the bond issuer; and DC Green Bank, supporting sustainable development initiatives. Private sector partners include KeyBank Real Estate Capital as the lender and U.S. Bank as the tax credit investor. NRP Group and MHCDO plan to deliver the community by the …

April 15, 2026

Acquisitions Development Retail Southeast Virginia

Investment Group Acquires Former Dine-In Movie Theater in Virginia Beach, Plans Indoor Padel Venue

by John Nelson April 15, 2026

VIRGINIA BEACH, VA. — An entity doing business as BIVI/Padel has acquired the former Beach Cinema Alehouse, a dine-in movie theater located at 941 Laskin Road in Virginia Beach, for $6.3 million. The buyers — a partnership between Jason Vickers-Smith and Ahmad Butt — plan to transform the property into an indoor padel facility, dubbed the Padel Foundry. The venue is targeted to open in early 2027. Gerald Divaris and Sezin Cortinas of Divaris Real Estate represented the seller, while Levi Thomson, also with Divaris Real Estate, represented the buyer.

April 15, 2026

Florida Loans Mixed-Use Office Southeast

CIM Group Provides $154M Loan to Blackstone for Refinancing of MiamiCentral Office Towers

by John Nelson April 14, 2026

MIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in downtown Miami. Eastdil Secured arranged the financing on behalf of the borrower, Blackstone, which acquired the office towers in 2021. Built in 2018, 2 and 3 MiamiCentral span 17 and 12 stories, respectively, and total approximately 339,000 square feet of commercial space, including a Publix grocery store. Amenities include wellness and fitness facilities, an outdoor roof deck, private work lounges and conferencing space, concierge services, valet parking and secure access to 1,357 structured parking spaces. In addition to owning 2 and 3 MiamiCentral, Blackstone is also an office tenant. The towers anchor MiamiCentral, a mixed-use development adjacent to the MiamiCentral Station transit hub that includes more than 800 luxury residential units, an 18,000-square-foot food hall, a Starbucks and Chick-fil-A.

April 14, 2026

Georgia Industrial Loans Southeast

Affinius Capital Originates $70.2M Refinancing for Terminal East Industrial Property in Savannah

by John Nelson April 14, 2026

SAVANNAH, GA. — Affinius Capital has originated a $70.2 million loan for the refinancing of Terminal East, a two-building industrial property in north Savannah spanning 915,000 square feet. John Rose and Bobby Norwood of JLL arranged the loan on behalf of the borrower, a fund advised by Crow Holdings Capital. Additional terms of the financing were not released. Situated near the Port of Savannah and the I-95/I-16 corridor, Terminal East comprises a 180,000-square-foot facility with 32-foot clear heights and a 735,000-square-foot facility with 36-foot clear heights. Combined the buildings feature 231 trailer stalls and 198 dock-high doors.

April 14, 2026

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