Stratus Development has broken ground on Phase II of Puritan Mill, which will offer 411 student housing beds near the University of Georgia campus in Athens. Puritan Mill I debuted in 2023.
The community will feature townhomes in two-, three- and four-bedroom configurations. Shared amenities are set to include a dog park, nature trails, pickleball courts and shuttle service to campus. The development will combine amenity spaces with the existing initial phase of the project, which includes a second dog park, fitness center, clubhouse, study and meeting rooms and a resort-style pool. The development is scheduled for completion in fall 2027.
Stratus has made an effort to repurpose the historic Mill site. The historic water tower has been preserved and serves as the centerpiece of the development. The former mill pond and waterfall have also been preserved and are featured prominently for residents and guests.
Sorrento Property Group sold Holly View Apartments, a 324-unit garden-style community in northwest Houston, for $31.5 million. Holly View offers one- and two-bedroom floor plans, a resort-style pool, landscaped grounds and covered parking. The buyer of the property at 5555 Holly View Drive was Accel Equity Group. The price works out to roughly $97,222 per...
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Wood Partners and Sarofim Realty Advisors are moving forward on Village Park, a 372-unit multifamily community in Charlotte’s Highland Creek and Prosperity Church area. The project is slated to open in May 2028. J.P. Morgan is providing financing. Located at the corner of Prosperity Church and Benfield Roads, Village Park sits immediately next to Prosperity...
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The proposed $6.7-billion takeover of H&R REIT is facing another major obstacle, with influential shareholder advisory firm Institutional Shareholder Services (ISS) urging investors to reject the transaction ahead of a November 13 vote. The recommendation adds to growing opposition to a deal that would break up one of Canada’s largest real estate investment trusts, transferring...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
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