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Crescent Communities starting work on Tennessee project (access required)

Crescent Communities, the Charlotte-based commercial development firm, has broken ground on Crescent Cool Springs, a $42 million, 252-unit multifamily project at Carothers and Resource parkways, just off Interstate 65.

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Landmark buys properties in Greensboro and Tennessee (access required)

Landmark Apartment Trust of America Inc., which owns 10 apartment developments around Charlotte, has announced it has acquired two multifamily properties in separate transactions for a combined purchase price of about $37 million. The properties, located in Greensboro, N.C., and Nashville, Tenn., collectively contain 600 units and are 95 percent occupied.

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