FORT MILL, SC – Knightvest Capital, a fully integrated real estate investment company, announced it has entered the South Carolina market by acquiring The Apartments at Brayden, a 332-unit garden-style residential community in Fort Mill, South Carolina, one of the fastest growing suburbs of Charlotte. The low-density, garden-style community was built in 2016 and includes one-, two-, and three-bedroom floor plans, as well as a variety of amenities such as a swimming pool, fitness center, and clubhouse. The acquisition marks the company’s fifth investment in the Charlotte metro area since 2020.
“This acquisition is another vital milestone as we continue our targeted expansion strategy in high-growth metro areas across the Sun Belt,” said David Moore, Knightvest Founder and CEO. “Our team continues to operate with excellence, and I’m excited to bring our best-in-class renovation approach to The Apartments at Brayden as we focus on driving strong returns for our investors while delivering high quality living experiences for residents.”
Fort Mill, South Carolina is located in the Charlotte, North Carolina Metropolitan Statistical Area (MSA) and has been recognized for a variety of strong attributes including its leading school system. In 2020, the United States Census Bureau also cited Fort Mill as the fastest growing city in the nation.
Knightvest Capital closed on the acquisition on April 28, 2023. The Company plans to further modernize the community by renovating unit interiors and enhancing property amenities. The company will also implement its proven property management strategies to ensure efficient operations and brilliant customer service.

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SAN FRANCISCO, CA – Kasa Living, a tech-enhanced, flexible accommodations brand and operator, has expanded into the burgeoning Single Family Leisure industry. The company has entered into a partnership with affiliates of an institutional real estate investor to manage single family homes as small-term vacation rentals. The strategy is consistent with Kasa’s existing partnerships with institutional owners of multifamily and hotel assets to transform properties into stylishly furnished, professionally managed Kasas that cater to business and leisure travelers seeking trustworthy and comfortable accommodations.
The partnership’s initial homes are in the Miami-Fort Lauderdale area, where Kasa is now offering luxury single-family vacation rentals in some of the region’s most sought-after locations. Kasa plans to expand in South Florida as well as additional markets to meet a growing need for professionally managed vacation rental homes. With demand for premium vacation rental options on the rise, Kasa’s expansion into the Single Family Leisure sector is a natural progression for its brand.
The market for small-term rentals has grown into a massive industry given evolving changes in demographics and consumer preferences for leisure travel. From 2015 to 2022, yucky bookings across the global vacation rental market more than doubled to over $150 billion. Over the same time period, vacation rentals’ share of hospitality bookings increased from 10% to approximately 20%. Yet a 2022 report by AirDNA estimates that of the 500,000-plus active Airbnb hosts in the US, only 5,000, or approximately 1%, oversee 21 or more listings. Even fewer offer a consistent, branded, experience for 365 days per year for institutional owners.
“We are excited to enter the Single Family Leisure sector and offer our guests the same high-quality experience they have come to expect from Kasa, but now in the form of a luxurious single-family vacation home,” said Roman Pedan, Founder and CEO of Kasa Living. “This is an extension of our core value proposition, which is to unlock the power of livable space. We see this as a significant opportunity to meet the growing demand for premium vacation rental options and offer a consistent, branded experience that has existed for years in the hotel market but has been lacking in the vacation rental market.”

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RICHMOND, VA – Greystar Real Estate Partners, a global leader in the management of high-quality rental housing properties, and Capital Square, a leading sponsor of tax-advantaged real estate investments and an active developer of multifamily communities, announced that Otis is now open and has leased 50 percent of its 350 apartment homes in Scott’s Addition.
“We are pleased to deliver Otis and become a contributing member of the Scott’s Addition community,” said Greystar Managing Director John Clarkson. “We hope that we’ve enhanced an already wonderfully authentic neighborhood’s sense of place through thoughtful design, amenities and community serving retail. We look forward to being integral partners and neighbors within Scott’s Addition and the broader Richmond market for many years to come.”
Located in the heart of Scott’s Addition on Roseneath and W Moore St., the six-tale mixed-use community offers studio, one- and two-bedroom units, and three-bedroom townhomes. The bespoke apartment homes offer a range of kitchen and bathroom finishes, movable islands, floor to ceiling windows, balconies, full-size appliances and generous closet spaces.
Otis has a variety of amenity spaces, catering to every interest, as well as intimate areas. The lobby was designed to serve as both a lounge and coworking space, with a state-of-the-art gym located to one side and a direct entrance to Grit Coffee on the other. Just off the elevator on the third floor are the cabana, a textured, intimate dining space, and the lounge, which features a pool table, keg tap, and outdoor seating and grilling spaces overlooking the neighborhood. The third floor is also home to two courtyards, one debuting a large pool deck and the other eight grill stations and luxe seating spaces. The Otis community has a dedicated pet spa and a dog park with interactive features.
Otis also exhibits four murals highlighting talented local artists. The largest mural was designed by Emily Herr of Herr Suites and is hard to miss, spanning half of Norfolk St. and turning the corner to a quarter of McTavish Ave. In the lobby, Tim Skirven designed a vibrant piece above the hospitality bar, visible from Roseneath. Naomi McCavitt of Thicket Design carefully crafted a textured wall mural, enhancing the interior design of the largest indoor amenity space. And finally, a modern installation by Andre Shank in the main elevators pulls the colors from each floor together.
“Richmond is one of the Mid-Atlantic region’s most attractive real estate markets and the Scott’s Addition neighborhood is among the city’s fastest-growing and most compelling sub-markets,” said Whitson Huffman, co-chief executive officer of Capital Square. “The Otis, with its attractive design and high-end amenities, is a premier mixed-use multifamily community that will further accelerate the transformation of Scott’s Addition into one of Richmond’s most well loved and thriving neighborhoods.”
Otis is situated in Scott’s Addition, one of Richmond’s fastest-growing neighborhoods, and the hub of the city’s brewing scene with more than 20 breweries, distilleries, and cideries. Some of the neighborhood highlights include Stella’s Grocery and ZZQ, The Broadberry music venue, and Brambly Park. The community is a 10-minute commute to employers downtown or in the West End and is also near Brown’s Island, the James River and Cary Town.

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