BWE Lands Financing for 252-Unit Warner Robins-Area Apartments
BWE secured $38.5 million in first mortgage financing secured by a first lien on Encore at Beacon Place, a 252-unit, build-to-rent (BTR) multifamily complex in Kathleen, Georgia, part of the Warner Robins metropolitan area.
Paul Harbor and Caleb Carter, both in BWE’s Birmingham, AL office, originated the bridge loan on behalf of the undisclosed borrower.
Newly constructed in February 2025, Encore at Beacon Place, located at 40 Cohen Walker Drive, consists of single-story, cottage-style apartments. The property includes 60 one, 156 two-bedroom, and 36 three-bedroom apartments with private patios. Community amenities include a saltwater pool, a pickleball court, a clubhouse with a 24-hour fitness center, a community gathering room, a business center, a cybercafé offering free Wi-Fi, and a coffee bar.
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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