Charleston, South Carolina-based development firm Material Capital Partners has closed on financing and begun construction of a build-to-rent project 10 miles north of Savannah, Georgia. The moves come as some investors have pulled out of single-family-rental projects in secondary markets where rents have been softening.
Savannah, Georgia, Build-to-Rent Project Moves Forward as Some Developers Pull Back in Secondary Markets
Plans Call for 82 Townhouses in Area Where Home Prices Have Risen More Than 70%
By Jon Leckie
CoStar News
July 18, 2024 | 8:22 P.M.
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- Companies
- Bluerock Real Estate, LLC
Real Estate