NMS, along with its co-sponsor Urban Alpha Capital, LLC invested in three high-end residential multifamily projects being developed by Brand Properties and Ryan Hanks / Madison Capital. These projects consist of two developments in Gwinnett County, Georgia (Highlands at Sweetwater Creek and Highlands at Peachtree Industrial), one in Asheville, North Carolina (Sweetwater Asheville).
Urban Alpha has extensive experience with each developer. In partnership with Brand Properties, they have developed 11 apartment communities totaling over 3,200 units (6 have been sold, 2 are under contract and 3 are in construction). With Ryan Hanks / Madison Capital, they have 5 apartment communities under construction totaling 850 units, and another 6 self storage facilities under construction totaling 3,500 units.
Southeast Multifamily Development
Location: Georgia & North Carolina (3 projects)
Property Type: Multifamily Development
Details: Equity investment in three (3) Class "A" multi-family developments in Georgia and North Carolina