Taft Debuts Charlotte Apartment, BTR Community
Taft Family Ventures opened Adler Montford Park + Drexel Townes, a 249-unit multifamily and build-to-rent townhome community at 1351 E. Woodlawn Road. The Charlotte Business Journal reports the $65 million development has studio, one-, two- and three-bedroom units as well as eight three-bedroom townhomes. Rental rates for studios start at $1,634 per month; one-bedrooms, $1,888 per month; two-bedrooms, $2,900 per month; and three-bedrooms, $5,669 per month. Townhome rental rates were not available.
Taft Construction Group was the project’s general contractor; Raleigh-based Cline Design Associates was the project architect; and Charlotte-based LandDesign was the civil engineer.
Taft Family Ventures acquired the 2.9-acre site in May 2019 for $8 million. The property included the former Melrose Place apartments and four single-family residential lots on Drexel Place. The commercial real estate firm broke ground on the project in spring 2023.
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Boston Planning Board Okays Tax Breaks on Four Residential Projects
The Boston Planning & Development Agency board has approved tax breaks for four residential developments totaling 1,400 units, reported the Boston Business Journal. The proposals make official a proposal made last month by Mayor Michelle Wu’s administration, with a combined $31 million in tax breaks to two Allston developments and others in Brighton and Charlestown....
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Markham 873-Unit Development Site Sold Under Receivership
A fully approved Markham development site slated for 873 rental units has changed hands after its owner was pushed into receivership with nearly $40M owing to its first mortgage lender. The 0.95-acre property at 7115 Yonge St. and 8-14 Grandview Ave., just north of Steeles Avenue, was owned by TerraBona 7115 Yonge and envisioned as...
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229-Unit Lawton Multifamily Community Trades Hands
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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