Quarterra Announces Opening of 312-Unit Emblem Cane Bay North Garden Apartment Community in Summerville, South Carolina

SUMMERVILLE, SC – Quarterra Multifamily, a subsidiary of Lennar Corporation and a multifamily apartment developer, property manager, and asset manager, along with development partner Nuveen Real Estate announced the opening of Emblem Cane Bay North apartment community in Summerville, S.C.
Emblem Cane Bay North is a Joint Venture between Quarterra and Nuveen Real Estate. Emblem communities were made by Quarterra to help address the nationwide shortage of attainable housing available to middle-income renters.
The 312-home garden-style community has direct access to the Cane Bay Plantation bike and pedestrian trails, within convenient distance to neighborhood schools, retail centers, dining, employment hubs and prime commuter routes. The SmartRent-compatible community incorporates modern property technology into every home and features a curated, contemporary amenities package.
“The attention to detail at Emblem Cane Bay North drastically exceeds what middle-income renters are accustomed to seeing,” said Cameron Palm, Senior Development Manager for Quarterra. “From in-home technology to state-of-the-art amenity spaces, the community delivers a convenient and sophisticated living experience. The Emblem brand deploys a consistent, programmatic approach that ensures an elevated environment at an attainable price point. Emblem Cane Bay exemplifies the vision behind Quarterra’s Emblem communities in an enviable location here in Summerville.”
Emblem Cane Bay North, located at 44000 Owl Wood Lane, puts residents within simple reach of local dining options, including Famuliari’s Pizzeria, Rio Chico Mexican, Eggs Up Grill, Agaves Cantina, Taco Boy, Halls Chophouse and Starbucks. The community is also in close proximity to retail centers like The Market at Cane Bay, North Creek Marketplace at Nexton and The Shoppes at Nexton. The location affords fantastic access to local schools and major employers in the area, such as Boeing, Volvo, Walmart, Mercedes Benz/Daimler, Bosch and Joint Base Charleston.
Regional connectivity is a breeze via nearby Hwy 176, with access to Hwy 17 and Interstate 26, leading to Goose Creek, Summerville, Ridgeville and North Charleston. Resident parking is accommodated by 520 surface parking spaces and 35 leasable garage spaces.
“Emblem Can Bay North helps to address the needs of the often overlooked middle-income demographic, and we are proud to partner with Quarterra to bring an Emblem community to the rapidly expanding Charleston MSA,” said Carlos Burneo, Nuveen’s lead for housing development in the U.S. “Delivering more attainable rental opportunities is one of our primary objectives, and the standardized concept behind the Emblem brand aligns with our overall housing strategy. This is an exciting start to our development relationship with Quarterra.”
Emblem Cane Bay North consists of one-, two- and three-bedroom apartment homes, ranging from 738 to 1,434 square feet. Homes are equipped with kitchen island pendants, stainless steel Whirlpool appliances, quartz countertops, tile backsplash, luxury vinyl plank flooring throughout with carpet in bedrooms and substantial walk-in closets. Bathroom highlights include tile surrounds with oversized tubs and quartz countertops. All homes feature ample shelving and floor plans designed to maximize natural light.
Catering to an active lifestyle, all residents have access to a community clubhouse with indoor lounge, a swimming pool with a deck-side sunshelf, two outdoor grilling stations and an on-site dog park.

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Abacus Capital and Partners Set to Deliver Elevated Living in Charlotte’s South End with The Campbell Boutique Multifamily Community

CHARLOTTE, NC – The Campbell, a 12-tale, 117-unit boutique multifamily community in the heart of Charlotte’s South End and adjacent to the charming Dilworth neighborhood, announced that it is now pre-leasing units with go-ins starting this month. Abacus Capital developed the project in partnership with JE Dunn Capital Partners and L&B Realty Advisors. Upon delivery, The Campbell will be professionally managed by Greystar.
“We’re very excited to start pre-leasing at The Campbell,”Mason Ellerbe, a Partner at Abacus Capital said. “The boutique scale, unimpeded city views, designer finishes and unique and highly walkable location on the Dilworth side of South End will set this project apart from the multifamily stock that has historically been built in the submarket.”
The Campbell’s residences will be differentiated from the rest of the South End rental submarket by the generous size of its units, averaging nearly 1,200 SF, roughly 50% larger than the “typical” South End apartment.
With one-, two- and three-bedroom floorplans that range from 746 SF to 1,718 SF The Campbell is designed to cater to the city’s most discerning renters. Designer finishes include chef’s kitchens equipped with gas stoves, floor-to-ceiling windows, custom walk-in closets and smart technology throughout. Built-in wine fridges and expansive balcony terraces will be a standard feature in the majority of The Campbell’s residences. The parking garage will occupy floors one through four with apartments across floors five through twelve. Bordered by the Dilworth neighborhood and surrounding low-rise buildings, every apartment will have a sweeping view above the city’s well-known tree canopy.
A sky terrace on the twelfth floor with city skyline views is the highlight of the community amenities. Others include a state-of-the-art fitness center, resident lounge with golf simulator and catering kitchen, private co-working spaces with a reservable conference room, dedicated parking garage with gated access, dog spa and bike room as well as onsite retail.
The Campbell will boast a Walk Score of 96. The community provides convenient access to local retail and transportation options, with Publix located 0.1 miles away and the East-West Lynx Light Rail station 0.25 miles away.
Wes McAdams, managing partner at Abacus Capital, said, “We intentionally positioned the project to appeal to a more discerning renter cohort than the average South End apartment building. With the best retail and restaurants in South End at Atherton Mill and the Design District out The Campbell’s front door, and the historic Dilworth neighborhood’s tree-lined streets out its back door, future residents should be able to delight in all the benefits of elevated city living,” he said.
The Campbell was developed on the historical site of Campbell’s Greenhouses, a beloved plant nursery that supplied residents of the city with gorgeous orchids for decades before selling in late 2022 to make way for Abacus’ high-rise apartment project by the same name. Residents can expect to see subtle nods to the site’s botanical history in The Campbell’s custom art and curated interior design throughout the project.

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Gray Capital Completes Acquisition of 384-Unit Solana at The Crossing Apartment Community in Indianapolis’ High Demand Northside

INDIANAPOLIS, IN – Gray Capital announced the acquisition of Solana at the Crossing, a 384-unit class A apartment community built in 2014 and located on the northside of Indianapolis, Indiana.
Solana is Gray Capital’s eleventh apartment asset in the Indianapolis area. With three full-cycle multifamily investment projects completed in the Indianapolis area that have delivered exceptional returns for investors as well as seven active investments in the city and its surrounding suburbs, Gray Capital’s experience and success within its home market is a large part of the success of the company.
“Indianapolis is home base for Gray Capital. There is no market we know better or have greater passion for than Indy. For us to be able to buy a gorgeous, well-located property, like Solana, is the fulfillment of many years of hard work and dedication from the Gray team. We’re thrilled elevate Solana to the premier waterfront lifestyle asset on the north side of Indy,” said Spencer Gray, President and CEO of Gray Capital.
Solana at the Crossing is Gray Capital’s second acquisition in 2024, following the company’s buy of the 444-unit River Club Apartments in April. Gray Capital has been diligently pursuing opportunities as the multifamily market emerges from a period of lower investment activity, and their investment in Solana at the Crossing reflects their continued confidence in the growth of Indianapolis and the multifamily market.
Gray Capital has now bought over $112M of multifamily real estate so far in 2024 across 824 units and two properties.
Gray Capital’s plot for Solana at the Cross includes several moderate upgrades and improvements to the property. New kitchen plumbing hardware and lights, new smart home technology in 100% of all units, private fenced in yards for select units, further activation of the White River waterfront, as well as a new exterior paint scheme and the installation of EV chargers will further increase appeal for the property.
“The Indianapolis apartment market has been remarkably resilient. Its strong, stable performance has led it to outperform more volatile markets in the country, and we project continued growth, given the magnitude of housing demand in Indianapolis and nationally,” said Spencer Gray.

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