HMF Americana acquired a development site from Harris Teeter near the border of Stallings and Weddington in Charlotte to build a mixed-use community.
The planned development will include 221 rental homes, dedicated 55+ residences, and approximately 10,000 square feet of multi-tenant commercial space. Site work is expected to begin in October, followed by vertical construction in the first quarter of 2027 and initial resident move-ins beginning in the third quarter of 2027.
The project combines elements of build-to-rent and multifamily living to create rental communities with the feel of traditional neighborhoods. HMF’s communities feature a mix of cottage-style residences and shared spaces designed around neighborhood connection while providing residents with the convenience of renting. A dedicated portion of the 221-home community will be designed for residents 55 and older.
The development will initially feature approximately 10,000 square feet of multi-tenant commercial space, with additional land available for future expansion.
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton Aand senior investment anaylst...
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