Posts in Completed
The Wren

The Wren, located in Lawrenceville, Ga., is a 361-unit multifamily community consisting of 3/4-split unconditioned corridor buildings with elevators and surface parking. The Wren is conveniently located adjacent to Ga. 316, with a short drive to downtown Lawrenceville, and walking distance to Georgia Gwinnett College. Amenities include upgraded unit finishes, a rooftop deck, swimming and lap pools and a large green, all of which combine for an unforgettable community. Because The Wren is a luxury, market rate community, it will appeal to all demographics.

  • Construction began October 2021, with a completion date of February 2024.

  • Total budget: $75 million

  • Per unit: $210k per door

  • Equity: Lupert Adler

  • Debt: Synovus Bank

The Wren photos
Crest at South Point

The Crest at South Point, located in McDonough, Ga., is a 378-unit garden-style multifamily community with four-story surface parking. Conveniently located adjacent to the South Point shopping district, Crest at South Point takes advantage of McDonough and Henry County’s explosive growth rate. Residents are a 30-minute drive from Hartsfield-Jackson Atlanta International Airport, with beautiful club space, separate co-working areas, a resort-style pool and large village green are among the list of amenities.

  • Construction began May 2022, with unit turn dates opening from winter 2023 to spring 2024.

  • Total development budget: $74 million

  • Per unit budget: $196k

  • Equity Partner: PointOne Holdings

  • Lender: Fifth Third Bank

Crest at South Point photos
District at Riverside

Introducing the District at Riverside, a well-located apartment community off Riverside Drive, just minutes from downtown Chattanooga. This property features 326 units with an average size of 905 square feet. Positioned along the Chattanooga Riverwalk, it offers a desirable combination of urban convenience and scenic views. The mix of 62% one-bedroom and 38% two-bedroom apartments is designed to meet diverse tenant needs.

The District at Riverside includes a range of amenities aimed at enhancing resident satisfaction and retention. These amenities include a dog park, a 24-hour gym, a pool, a fire pit, a dog spa, a Sky Lounge, a business center, outdoor grills, and storage for kayaks, paddleboards, and bikes. A package room is also available for added convenience. Leasing will start in Q3 2024, with move-ins beginning in Q4. Located in an opportunity zone, the property features four-story buildings with elevators and interior corridors, combining luxury with practicality.

https://www.districtatriverside.com/

SODO

SODO, located in Duluth, Ga., is a 257-unit multifamily community consisting of four-story conditioned corridors with elevators and a slip deck. SODO is located within walking distance of Duluth Town Green, restaurants and downtown Duluth activity. Including District of Duluth, SODO is TRG’s second community to take advantage of the unrivaled downtown location amenity.  Additional amenities include a resort-style pool, speak easy-styled club room and condominium-grade finishes.

  • Construction began Feb. 2021 and concluded June 2023.

  • Total development budget: $58 million

  • Budget per unit: $225k

  • Equity: PointOne Holdings

  • Debt: Ameris Bank

  • Marketed by Cushman Wakefield, sold to Weinstein Properties in Sept. 2023.

SODO photos
Crest at Oakwood

The Crest at Oakwood, located in Oakwood, Ga., is a 348-unit, 3/4-split garden style market rate community. It is located within the growth corridor of I-985 in Hall County, and near to the University of North Georgia-Oakwood campus. Taking advantage of its prime location and easy access to Lake Lanier, Crest at Oakwood appeals to all demographics. Amenities include a large fitness facility and beautiful outdoor design that will make this the top location in the area.

  • Construction began Nov. 2023

  • Total Development Budget: $68 million

  • Budget per unit: $195k

  • Equity: PPD Investments

  • Lender: PNC

Crest at Oakwood photos