CHARLESTON, SC – Aventon Companies, a prominent multifamily developer and general contractor with active projects throughout the Mid-Atlantic and Southeast, announced that it has broken ground on its very first luxury apartment community in the state of South Carolina. Located in the booming West Ashley submarket of Charleston, Aventon Bees Ferry will be a 30-acre project encompassing 394 units and proximate to major employers as well as world-class dining and shopping options including the historic downtown Charleston peninsula.
With spacious one, two and three-bedroom floorplans, each apartment within Aventon Bees Ferry will be outfitted with the company’s signature high-end finishes, with details normally found only in luxury single family housing. The expansive amenity package at Aventon Bees Ferry will include a community clubhouse with hospitality-inspired design and spaces for lounging, remote work and fitness. Amongst its two courtyards, residents will delight in a resort-style pool and gaming lawn in the primary courtyard, and a nature-centered space for tranquility and relaxation in the secondary courtyard. This pet-friendly community will also feature a pet spa and on-site dog park. Each of the four-tale buildings within the development will offer elevator access. Aventon Bees Ferry is expected to open in early 2024.
“With Charleston consistently experiencing year-over-year employment growth while seeing its economy and tourism industry reach unparalleled heights, Aventon chose to launch our first project in South Carolina here. South Carolinais a key part of our regional growth plot,” said Ron Perera, Senior Managing Director. “Aventon Bees Ferry will provide luxury living amongst all that the city has to offer.”
The property’s buildings were designed by Watts Leaf Architects, with interior design curated by Studio 5 Interiors, Inc. Landscaping and hardscaping for Aventon Bees Ferry was designed by local South Carolina firm, Thomas & Hutton. The community is located near the intersection of Bees Ferry Road and Savannah Highway. Since 2019, Aventon Companies has assembled an impressive $2 billion portfolio of ground-up developments bringing over 9,000 Aventon-branded apartment homes to Florida, Georgia, the Carolinas, and the Mid-Atlantic.

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MIAMI, FL – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Oak Enclave Miami, a newly developed, 420-unit, mid-rise multifamily community in Miami Gardens, Fla. The community adds to HGI’s growing Miami portfolio, marking the eighth property under HGI’s ownership in Miami-Dade County, comprising nearly 2,000 units. HGI will assume the in-place loan for the property.
Completed in June 2022, HGI will work to end the lease-up and stabilize operations of the community upon assuming ownership and management.
“Through our deep knowledge of the Miami multifamily market, we were able to coordinate with the seller to buy this asset at an attractive basis and close on a quick timeline,” said Richard Litton, President, HGI. “As the Miami MSA continues to experience strong in-migration, both outside of and within Florida, we see opportunity in submarkets such as Miami Gardens as residents seek well-located housing at an affordable price point.”
HGI has continued to be an active investor in commercial and multifamily real estate amid ongoing market volatility. During the second half of 2022, the firm bought 10 multifamily properties throughout the U.S., totaling over 4,000 units, inclusive of Oak Enclave Miami. In 2022, HGI completed a total of $6.7 billion in transactions, spanning acquisitions and dispositions.
Oak Enclave Miami offers residents a commuter-centric location with direct access to the area’s employment centers. The community is near several transportation options, including the Palmetto Expressway, Interstate-95 and the Florida Turnpike, offering access to approximately 820,000 jobs within a 25-minute drive. The community is also in proximity the Golden Glades Tri-Rail Station, connecting residents to the Miami Health District, Miami International Airport, Aventura, Hollywood and Fort Lauderdale, with a plotted expansion to downtown Miami.
Oak Enclave Miami’s amenities include a 24-hour fitness center, multi-purpose clubhouse, playground, swimming pool and 24-hour monitored gate access. The community sits across 14 acres, with more than a third of the property designated as outdoor space. Units feature a private balcony or patio, 10-foot ceilings, stainless steel appliances and modern finishes.

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RICHMOND, VA – Watercrest Senior Living Group and joint venture partner, Harbert Seniors Housing Fund II proudly announce that the construction of Watercrest Richmond Helped Living and Memory Care has been completed by builder, EMJ Corporation. The 98-unit luxury senior living community, financed by Trustmark Bank, is preparing to welcome founding residents to their new home in Richmond, Virginia.
Watercrest Richmond is a signature Watercrest product offering 76 helped living and 22 memory care apartments with resort-style amenities and exceptional care. The architecture and design boast a stunning fountain and promenade, art studio with gallery, music room, fireplace, multiple dining venues, theater, salon and spa, and the charming atmosphere of Bogey’s Cigar and Scotch lounge.
“We are thankful to each and every partner contributing to the completion of this stunning community and greatly anticipate welcoming future residents to their new home at Watercrest Richmond,” said Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group.
Watercrest Richmond provides seniors a host of amenities purposefully designed to improve residents’ connectivity and interaction with nature. The design elements include a signature water wall, live moss walls, and expansive windows allowing abundant natural light. The community’s Southern style exterior gathering spaces and one-of-a-kind greenhouse offer opportunities for engagement and activity amongst the lushly landscaped grounds and illuminated walking paths. Additionally, residents may delight in the coveted Spa W offering world-class wellness amenities including light and salt therapy, and a state-of-the-art fitness and physical therapy center.
Watercrest Richmond is conveniently located at 5250 Grandin Avenue in Moseley. Known as a top destination by Travel + Leisure, Richmond offers plentiful dining, entertainment and cultural venues, just minutes from the rolling hills of Virginia farms, gorgeous state parks, and charming wineries. For information or to schedule a tour, contact the community at 804-294-3508.
Watercrest principals, Marc Vorkapich, CEO and Joan Williams, CFO, are setting new standards of quality for seniors and their families in the development of upscale senior living communities from South Florida to Virginia. This is the first senior living development project partnered between Watercrest and Harbert Seniors Housing Fund II.

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