Multifamily developer and operator Crescent Communities is joining investment management firm Heitman in creating single-family build-to-rent projects in several Sun Belt markets as stubbornly high mortgage costs increase demand for the emerging asset class.
Joint Venture Expands Crescent Communities’ Build-to-Rent Business With $235 Million Investment
Heitman Partnership To Target 14 Sun Belt Markets
By Jon Leckie
CoStar NewsMay 6, 2024 | 8:20 P.M.
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IN THIS ARTICLE
- Properties
- HARMON Foxbank
609 Trotters Ln, Moncks Corner, SC
- Townes at Five Points
651 Ethridge Pl, Charlotte, NC
- Companies
- Crescent Communities LLC
Construction
- Heitman
Real Estate