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Projects
McCalla, AL
Cheshire Park
Acquired in 2016
93 homes built and sold developable unit density
Estimated completed value of $22 million
Detached single family homes for sale. A combination of 30 developed lots, and buildable land for additional 91 units.
Currently in completion of the last phase of construction
Porterdale, GA
Cedar Shoals
Acquired in Jan 2020
243 acres of buildable land
1,225 developable unit density
Estimated completed value of $350 million
341 single family homes, 164 townhomes & 720 multifamily; with 25 acres of commercially zoned land
Amended zoning to achieve increased density, breaking ground in March 2021 in our first phase single family home construction, and pre-development of our first phase of multifamily
Covington, GA
Twin Rivers
Acquired in December, 2020
205 acres of buildable land
183 developable unit density
Estimated completed value of $82 million
A combination of 65 developed lots, and 205 acres of buildable land for additional 118 units
We broke ground immediately on the site, delivering our first round of homes in April of 2021
Dallas, GA
Weatherstone
Acquired in June 2021
170 acres of buildable land
280 developable unit density
Estimated completed value of $100 million
Detached single family homes for sale and build-for-rent
We are currently in “horizontal” infrastructure development, putting in place our civil utilities and preparing the sites for slab and vertical construction
Panama City, FL
Marina Island
Acquired in July 2017
234 acres of buildable land
1,757 developable unit density
Estimated completed value of $600 million
Acquired as a former Naval fuel storage depot, which is in remediated “brownfields” status. The site will
have a mixture of single family homes (both waterfront and dry lot), townhomes, mid-rise & garden style multifamily,
78k of commercial, and a “wet-dock” marina
We are currently in the preliminary phases of site plan programming & civil engineering. We’ve enlisted world renowned project management and development consulting firm CM&D as project manager & owner-rep
Niceville, FL
Spanish Trace Apartments
- Acquired in October 2020
- 14 built apartments, with additional developed lot for a total of 45 units
- Estimated completed value $10 million
- Acquired with average rental rates of $750 per unit, implemented value-add capital improvement strategy, and new management, to reach leasing levels of $1,250
Panama City, FL
Berthe Ave Apartments
- Acquired in January 2020
- 44 – 2/2 apartments, with additional developed lot for additional 20 units
- Estimated value $5 million
- Acquired with average rental rates of around $700-$900 per unit, implemented value-add capital improvement strategy, and new management, to reach leasing levels of about $900-$1,150