Middleburg Acquires Land Parcel for 252-Unit Mosby Fairburn Multifamily Community in Atlanta’s Growing South Fulton Submarket

VIENNA, VA – Middleburg announced the closing of a development site for Mosby Fairburn, a 252-unit Class A multifamily community in Fairburn, Georgia, an expanding community in South Fulton located approximately 20 miles southwest of Atlanta. Construction is scheduled to start in Summer 2026, with project completion anticipated in Spring 2028.
Prominently located along Senoia Road (Highway 74), approximately one mile south of Interstate 85, Mosby Fairburn offers convenient access to some of the region’s largest employment and economic drivers. The community is situated roughly 10 miles from Hartsfield-Jackson Atlanta International Airport, the largest employer in the state of Georgia, and less than 10 minutes from Trilith Studios, one of the nation’s largest and most advanced film and television production facilities.
The South Fulton submarket continues to benefit from significant job creation, population growth and investment from both public and private stakeholders, said Sean Rosko, Middleburg s Atlanta-based Development Partner. This community capitalizes on those fundamentals while offering residents a differentiated Class A product in a highly accessible location. As demand for quality housing continues to outpace supply across many Atlanta submarkets, we believe Mosby Fairburn will present a compelling community that meets the needs of today s modern renter.
Mosby Fairburn will consist of four elevator-serviced, conditioned-corridor residential buildings and one walk-up building. The community will also feature integrated retail space, a clubhouse and a thoughtfully curated amenity package designed to support a connected and convenient resident experience.
As Middleburg’s Class A multifamily brand, Mosby communities are designed to deliver an elevated residential experience through high-quality construction, thoughtful design and amenity-rich environments. Mosby Fairburn represents the firm s latest commitment to developing premium communities in high-growth locations where strong demographic trends, expanding employment opportunities and sustained housing demand support long-term value creation.

Powered by WPeMatico

Hunt Capital and Sycamore Development Revive Historic West End Neighborhood with 154-Unit Mixed-Income Housing Community in Dallas

DALLAS, TX – Hunt Capital Partners announced the closing of West End Lofts, a $125 million mixed-income, mixed-use redevelopment located at 711 and 805 Elm Street in Dallas, Texas.
The project, led by Sycamore Development, will transform a large section of the iconic West End district into an innovative and pedestrian-oriented hub for housing and retail while preserving landmark examples of the area s architectural heritage.
West End Lofts will bring 154 new homes to the area through the adaptive reuse of a five-tale former furniture warehouse originally constructed in 1904, complemented by a new six-tale building. The development will also preserve and restore a five-tale building dating to 1925 that is thought to be the first parking garage constructed in Dallas.
Connecting the two buildings, a pedestrian plaza will bring thoughtfully designed green space to a part of Austin Street and to former surface parking space at 211 N. Austin Street.
“The West End has extraordinary bones, and these two buildings tell an vital tale about Dallas’ early commercial history,” said Zachary Krochtengel of Sycamore Development. “Our vision from the beginning was to honor that history through careful adaptive reuse while making a place that draws people back to the neighborhood every day. West End Lofts isn’t just housing; it’s a long-term investment in the vitality of this entire district.”
Upon completion, West End Lofts will offer:

154 residential units, including 63 income-restricted units serving households earning up to 30%, 60%, 70%, and 80% of Area Median Income and 91 market-rate units.
Common areas including a swimming pool and courtyard, dedicated co-working and meeting space, a rooftop lounge, a game room and fitness center, along with bike storage and a pet spa.
Ground-floor commercial spaces at 711 Elm and 805 Elm totaling more than 20,000 square feet.
Dedicated student learning space for school-age children, notary services, and tax services will be available to residents.

“West End Lofts is a strong example of what’s possible when the right financing structure comes together around a project with real community impact,” said Jeff Weiss, President of Hunt Capital Partners. “Our role as syndicator was to bring the tax credit equity, Federal Low Income Housing Tax Credits and Federal and Texas State Historic Tax Credits, to the table in a way that makes the economics work for long-term affordability and historic preservation. We’re proud to partner with Sycamore Development on a project that does both.”
Financing for the project includes construction and TIF bridge loans from Bank OZK. Permanent loan financing will be provided by Grandbridge. The City of Dallas has committed $49 million in Tax Increment Financing (TIF) support to the project, reflecting its role as a centerpiece of the city’s broader strategy to activate the historic West End, coordinate redevelopment around the West End DART light rail station, and align improvements with catalysts such as the reconstruction of the Kay Bailey Hutchison Convention Center. Hunt Capital Partners syndicated $19.5 million in Federal Low Income Housing Tax Credits, $7.9 million in Federal Historic Tax Credits and $9.8 million in certificated Texas State Historic Tax Credits.

Powered by WPeMatico

Sherman Residential Expands Portfolio with Acquisition of 336-Unit Lemmond Farm Luxury Apartment Community in Charlotte Market

CHARLOTTE, NC – Sherman Residential bought Lemmond Farm, a Class A multifamily property in Charlotte, NC. Lemmond Farm is a 336-unit luxury apartment community located directly east of downtown Charlotte in the Bradfield Farms neighborhood.
Completed in 2020, the property transformed a multigenerational family farm, and the name pays homage to the prominent 18th-century Lemmond family settlers.
Situated at the intersection of Interstate 485 and Route 27, the property offers direct connectivity to major employment centers with access to more than 265,000 jobs within a 25-minute drive. Novant and Atrium have also chosen the intersection for medical centers, making Lemmond Farm an ideal location for healthcare professionals.
Lemmond Farm’s midrise property and its resident-focused amenities provide:

One- to three-bedroom apartments expanding to over 1,300 square feet;
A breathtaking lake house with floor-to-ceiling windows and a centerpiece fireplace;
Luxury apartment finishes, such as granite countertops and full basin sinks;
A resident clubhouse offering a mix of library and lounge designs;
Multiple outdoor kitchens for hosting and gathering fireside or poolside; and
Conveniences like in-unit washers and dryers, EV chargers, and a 24-hour gym with on-demand training programs.

On June 11, 2026, Sherman Residential bought the property. Its Chief Investment Officer stated: “We’re excited to add Lemmond Farm to our growing Charlotte portfolio — this acquisition brings us to approximately 1,000 units in the market, which speaks to our conviction in the submarket’s long-term fundamentals. East Charlotte continues to see strong employment growth and rising homeownership costs with limited new multifamily supply, which is exactly the supply-demand dynamic we look for. We look forward to bringing Sherman’s hands-on ownership approach to this community.”
With a dedicated team, they look forward to making a strong sense of community for their current and future residents.
Sherman Residential has been in the real estate business for over 100 years and currently owns assets in six states. The family-owned company is headquartered in north suburban Chicago.

Powered by WPeMatico