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Greenville Apartment Market Heating Up

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The Greenville area's got one of the nation's healthiest apartment markets, fueled by consistently strong employment and population growth, MHA's Jordan McCarley tells us, and that's attracting investors. “This fundamental strength provides a bright outlook for the area’s entire multifamily sector.”

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Recently Jordan and colleagues Marc Robinson and Watson Bryant of MHA’s Charlotte office repped the sellers in the two separate apartment deals in Simpsonville, SC. Ginkgo Residential purchased the 120-unit Enclave at Fairview at 630 Fairview Rd from McCall Capital for $11M, and Garden District Realty Partners acquired the 223-unit Garden District Apartment Homes (pictured) at 100 Garden District Dr from Waypoint Residential for $22.6M.