Toro Begins Work on 301-Unit Cumming City Center Rental Community
Toro Development Company (TDC) has started work on Overlook, a 301-unit multifamily community within Cumming City Center. First units are expected to deliver in 2027.
Spanning 75 acres, Cumming City Center features a mix of retail, restaurants, walking trails, an expansive green space and amphitheater for community events and a new municipal building. Overlook amenities include a pool, fitness center, social courtyards, sky lounge, micro-offices and a dog park.
TDC is also currently underway on the $560 million Medley, the 43-acre mixed-use community in Johns Creek. Medley, which will celebrate its Grand Opening later this year, features 164,000 square feet of retail, restaurant and entertainment space, 750 multifamily residences, 133 luxury, for-sale townhomes, 110,000 square feet of lifestyle office space, a 150-key boutique hotel and a 25,000-square-foot Plaza programmed with up to 200 events per year.
Other News
RK Investors Lands $81M Construction Loan for 299-Unit Charlotte Rental Community
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
Learn more
Pasadena Offices Sell for Residential Conversion
NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
Learn more
Berkadia Negotiates Student Housing Property Sale in Kansas
Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout