Array Charlotte’s “The Colony” Adding $180M Apartment Community Atlanta & Southeast + Carolinas + Apartments | September 27, 2023 $150M Apartment/Retail Project Moves Forward Near Raleigh Atlanta & Southeast + Carolinas + Apartments | September 26, 2023 SteelPoint Investing $35M in Charlotte-Area Factory Atlanta & Southeast + Carolinas + Industrial | September 27, 2023 FEATURED STORY Atlanta & Southeast News In Your Inbox Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Atlanta & Southeast Stories More Stories Hone your competitive edge today with Connect Classroom, an accredited online Continuing Education provider offering CRE focused courses you can take on demand. Earn the credit you need with engaging, thoughtfully designed courses for commercial real estate brokers, appraisers, lenders, architects, and lawyers from a news source you already know and trust. 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A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Atlanta Metro Stories NewStar Acquires Suburban BTR, Launches 1031 DST Atlanta & Southeast + Atlanta Metro + Apartments | September 15, 2023 NewStar Exchange, a subsidiary of NewStar Asset Management, acquired Tranquil Gardens, a single-family rental subdivision located in Woodstock, GA, an Atlanta suburb. The 95% leased property was acquired on behalf of a newly launched 1031 Delaware Statutory Trust offering, NewStar 6 Tranquil Gardens BTR, DST. “We are excited to announce our sixth investment since launching NewStar … Tishman Speyer Purchases 502-Unit Sandy Springs Workforce Community Atlanta & Southeast + Atlanta Metro + Apartments | September 14, 2023 Tishman Speyer has acquired Avia at North Springs, a workforce housing community in the Sandy Springs suburb of Atlanta. Tishman Speyer purchased the 502-unit residential community, which will be renamed Randolph Perimeter, via its TS Communities platform. “With its diverse economy, strong existing infrastructure and growing population, the entire Atlanta region is in need of … Latest Southeast Stories Financial Close Reached on Huntsville Student Housing Project Atlanta & Southeast + Southeast + Student Housing | September 15, 2023 Capstone Development Partners and Boaz Ventures reached financial close for a $60-million, purpose-built student housing community located adjacent to the University of Alabama Huntsville (UAH) campus along Holmes Avenue. To be called Nexus on Holmes, the 249-unit community will be located at 4315 Holmes Ave. NW in Huntsville, next to the UAH Campus Recreation Center. Jeff Jones, … Phase I of UAB Science & Engineering Complex Completed Atlanta & Southeast + Southeast | September 14, 2023 Hoar Construction has completed Phase I of a three-phase project at the new Science and Engineering Complex at The University of Alabama at Birmingham. The end result will consolidate all the basic science undergraduate and graduate studies in one complex. Phase I includes a 138,842-square-foot building housing the biology, chemistry and physics labs and classrooms, … Connect TeamKasi OrcuttDirector, Connect ClassroomDennis KaiserVice President, Public Relations & CommunicationsEmily LettieriVice PresidentView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Atlanta Stories Atlanta’s New Signia by Hilton Touts Expansive Ballroom Atlanta & Southeast + Atlanta + Hospitality | September 26, 2023 If you’re an event coordinator in search of a really big room, a soon-to-open Atlanta hotel may be for you. The 976-room Signia by Hilton will have more than 100,000 square feet of meeting space. That includes its largest offering, the Triumph Ballroom, which spans 40,000 square feet. The Atlanta Business Journal reports that would … Trammell Crow Adding to Georgia Tech Science Square Atlanta & Southeast + Atlanta + Apartments | September 25, 2023 Trammell Crow’s High Street Residential (HSR) is progressing on 280 apartments at Science Square in Atlanta. The company is wrapping up construction on a 13-story lab adjacent to the apartment site, which is on the Georgia Tech campus. The Grace topped out construction in August, and preleasing for the apartments will begin in early 2024, … Latest Georgia Stories Spartan Investment Group Closes Multiple Self-Storage Deals Atlanta & Southeast + Georgia + Industrial | September 12, 2023 Spartan Investment Group has closed three self-storage deals in the firm’s Growth Fund, including one in Kingsland, GA. “At a time when it is challenging to secure loans, find equity, or fund new construction, we’re forging ahead in a strategic direction with our deals,” said Spartan CIO, Ryan Gibson. “We are thrilled to add these … AltaBird and Stonemont Celebrate Completion of Savannah Logistics Center Atlanta & Southeast + Georgia + Industrial | September 12, 2023 AltaBird Investments and Stonemont Financial Group have completed the Brown Thrasher Logistics Center. Located within the Belfast Commerce Park in the Savannah Metropolitan Area, the new development is comprised of 281,067 square feet of speculative, Class A industrial space. “The Brown Thrasher Logistics Center is one of the many industrial centers that were expected to … Latest Carolinas Stories SteelPoint Investing $35M in Charlotte-Area Factory Atlanta & Southeast + Carolinas + Industrial | September 27, 2023 SteelPoint will construct a 100,000-square-foot production building on a parcel contiguous to their existing facility on Beltway Boulevard in Stallings. The new facility is expected to be completed in late 2024. SteelPoint, which employs 89 people in Union County, is also adding 25 jobs with an average hourly wage of $25 as part of the … Charlotte’s “The Colony” Adding $180M Apartment Community Atlanta & Southeast + Carolinas + Apartments | September 27, 2023 A Charlotte developer is optimistic it can move forward on its $180 million apartment building. Synco, who helmed The Colony mixed-use development in SouthPark hopes to build a 14-story building that will be part of its third phase, consisting of 650 units. The Charlotte Business Journal reports Synco wants to go higher than the current … Latest Stories FromBLG Hires MD for Capital Markets Advisory GroupFinancial Advisory | September 27, 2023Brown Gibbons Lang & Co., an independent investment bank and financial advisory firm focused on the middle market, has hired Kevin R. Nowaskey as a managing director within the firm’s capital markets advisory group. Based in New York City, Nowaskey will lead the firm’s private capital advisory team. “The experience and knowledge he (Nowaskey) brings ...DPL Acquires Annuity-Focused Firm to Help Breakaway AdvisorsFinancial Advisory | September 27, 2023DPL Financial Partners, a Louisville, KY.-based no-load, commission-free annuity platform for registered investment advisors, has acquired AnnuityFix, a firm assisting advisors who want to manage broker-dealer annuities for an advisory fee, and its affiliated broker-dealer Johnstone Brokerage Services. Financial terms of the deal were not disclosed. DPL appointed Center, TX-based AnnuityFix founder Grant Johnstone as ...Chicago Teachers Deploys $30M to Real Estate PortfolioAlternative Assets | September 27, 2023The Chicago Teachers’ Pension Fund (CTPF) has allocated $30 million to Long Wharf Real Estate Partners VII, a real estate fund managed by Long Wharf Capital, focused on value-add strategies in certain regions within the United States. The fund’s goal is to raise $500 million and will invest in office, industrial, multifamily, and retail assets ...LPL Financial Adds $260M, Five-Person New Mexico TeamBroker/Dealers | September 27, 2023A $260 million five-person advisor team has left Corebridge Financial, formerly part of AIG, to join LPL Financial’s broker-dealer, registered investment advisor and custodial platforms. The Albuquerque, NM-based team consists of Angelo Burns, Larisa Holiday, Eli Montoya and Manny Pedroza, and client services associate Melinda Martinez. For the past few years, the team has primarily ...
