News

Crescent Delivers 237-Unit Charlotte-Area Rental Community

Atlanta & Southeast + Apartment Buildings

Crescent Communities has opened NOVEL Davidson, a 237-unit multifamily property in Davidson, N.C. The developer broke ground on the project last year. Financing for this community included a $48.8 million construction loan provided by Sumitomo Mitsui Bank in 2023. The architect on the project is Cline Design. Crescent’s in-house construction company served as the general...

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Embrey Building 604 Nashville-Area Apartments

Atlanta & Southeast + Apartment Buildings

Embrey picked up six acres outside Nashville to build 604 apartment units. Embrey acquired the land in Franklin from SouthStar for $24.1 million. The project will be part of Phases II and III of the 22-acre $500 million Aureum mixed-use, master-planned community. Multihousing News reports that phases II and III will be located near the...

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Meyers Group Closes on Construction Loan for S. Florida Apartments

Florida & Gulf Coast + Apartment Buildings

Meyers Group secured a $45 million construction loan, enabling the company to begin construction of a 200-unit apartment complex in the Cypress Creek area of Fort Lauderdale. It covers 2.2-acre site at 6210 N. Andrews Ave. The developer purchased the vacant property for $8 million in October 2025. Meyers Group filed development plans for the site in 2022. The...

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Middleburg Adding Another Pasco County Project to Portfolio

Florida & Gulf Coast + Apartment Buildings

Middleburg has its eye on Pasco County. The developer is helming a project in Pasco County to develop Mosby at the Preserve, a 266-unit gated apartment complex. The Tampa Bay Business Journal reports that Middleburg recently acquired land and secured financing for a 330-unit luxury apartment complex in Spring Hill. In 2024, the company started and completed...

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Development Team Completes Carroll Gardens’ First Upscale Multifamily Since 2011

New York & Tri-State + Apartment Buildings

The team of developer GH Management, architect IMC Architecture, development manager and owner’s representative Complete Development, construction manager MNC+Sons Contractors and interior designer Classic Image completed The Carroll, an 82-unit, luxury rental apartment building located at 33 4th St. in the Carroll Gardens section of Brooklyn. The Carroll is the neighborhood’s first new, upscale multifamily...

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Family Office Acquires NJ Garden Apartments from Original Developer

New York & Tri-State + Apartment Buildings

Beradia arranged the sale of Marc Hampton Apartments, a 124-unit apartment community in the Monmouth County community of Matawan, NJ. Deal terms were not disclosed. Senior managing director Nat Gambuzza and senior director Trevor Fiebel of Berkadia Morristown led the transaction on behalf of the purchaser. Colliers’ Joseph Garibaldi, Thomas Walsh and Nick Vanderslice represented the seller.    Marc Hampton Apartments sold to Pentaurus Properties, a New Jersey-based family office. The property was owned by the original developer family since...

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The Lynd Group Refinances Chicagoland MF With $66M Financing Package

Chicago & Midwest + Apartment Buildings

The Lynd Group secured $66 million in refinancing for one of its rental communities, Willow Glen, in suburban Chicago. The refinancing repays the project’s construction loan and replaces it with a new financing package consisting of a $58 million Barclays-originated CMBS senior loan and an $8 million mezzanine loan provided by Ghisallo Capital, which retired...

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People and Companies News for Week Ending January 23, 2026

Canada + Apartment Buildings

BMTC Group has appointed Louis-Philippe Auger as president of the Tanguay division, effective immediately. Auger was promoted from his former vice-president position with Tanguay. He held that post for three years and has been with the furniture, household goods, electronics and computer retailer for 26 years. He succeeded Charles Tanguay, who has left the company...

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