2012 Project Closings

January

Brooke Pointe Manor, Concord, NC
Developer: Solstice Partners, LLC
New construction - 66 units for seniors

Summerville Garden Apartments, Summerville, SC
Developer: Landmark Asset Services and its affiliates
New Construction - 72 units for seniors

February

Woodlawn Apartments, Aberdeen, NC
Developer: Weaver Investment Company
Acquisition and Rehabilitation - 50 units for families

Cottages at Azalea, Lancaster, SC
Developer: Pendergraph Development
New Construction - 48 units for families

Parkside at Verdae Apartments, Greenville, SC
Developer: Prestwick Development Company, LLC; Davis Heights, LLC; and Parkside Developer, LLC
New Construction - 56 units for families

Pelham Village Apartments, Greenville, SC
Developer: RHA
New Construction - 60 units for families

March

Silver Creek Place, Berea, KY
Developer: Winterwood, Inc.
Acquisition and Rehabilitation - 24 units for seniors

Cypress Lane Apartments, Andrews, SC
Developer: Cathy Connors, Danny Ellis, Mel Melton, Tim Gunderman
New Construction - 48 units for families

Bowman Manor, Garner, NC
Developer: Carolina Community Developers, LLC
New Construction - 48 units for seniors

Ellsworth Commons, Greenville, NC
Developer: WHAD Housing, LLC
New Construction - 68 units for seniors

Cottages at Brevard, Brevard, NC
Developer: The Pendergraph Companies
New Construction - 48 units for seniors

Linville Cove, Newland, NC
Developer: Western N.C. Housing Partnership, Inc.
New Construction - 32 units for seniors

April

ADC III, Petersburg, VA
Developer: Fountainhead Properties
New Markets Tax Credit
Adaptive Reuse - Adult day care facility, 13 apartments

Laurel Place, London, KY
Developer: Winterwood, Inc.
Acquisition and Rehabilitation - 46 units for familes

Chestnut Greene, Corbin, KY
Developer: The Woda Group, LLC
Acquisition and Rehabilitation - 24 units for seniors

May

The Highlands, Goldsboro, NC
Developer: Highlands of Goldsboro Development, LLC
New Construction - 60 units for seniors

Stone Creek Apartments, Eden, NC
Developer: John H. Wellons Foundation, Inc. and Scott A. Redinger, Inc.
New Construction - 40 units for seniors

Tall Oaks, Elizabethtown, NC
Developer: Ilex Properties, LLC
New Construction - 28 units for seniors