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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Foundry Yards, a 268-unit luxury apartment community with 20K SF of future, adjacent office and retail space located in Birmingham, Alabama, which has the nation’s second lowest unemployment rate according to the Wall Street Journal and 50K+ jobs added since April 2020. Foundry Yards is anchored by Birmingham’s expansive healthcare industry with the University of Alabama at Birmingham ranking the #1 Best Large Employer in America by Forbes with a total of 23K jobs and an employment impact of 64K within a 10-minute walk of the property. Also, the asset is primed to benefit from the city’s emergence as a technology hub, ranked as #2 up and coming tech hot spots according to MarketWatch. Centralized in the newly revitalized Parkside District, Foundry Yards is positioned adjacent to multiple breweries, acclaimed restaurants, the 19-acre Railroad Park, and Regions Field which is home to the Birmingham Barons, an AA-affiliate of the Chicago White Sox. In 2021, Foundry Yards has experienced incredible leasing velocity with 45 move-ins per month and 14% effective rent growth since May.
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Under LOI
Foundry Yards
268 Units
10 13th Street South
Birmingham, AL  35233
Posted: 9/1/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Generation, a 336-unit luxury high-rise apartment community located in Atlanta, Georgia. Generation is surrounded by growing job hubs including: Midtown (109K Jobs) and Downtown (125K Jobs). This Core asset’s prime location also provides immediate access to I-75 and I-85 as well as Atlanta’s top sports and entertainment destinations such as The Atlanta BeltLine, Old Fourth Ward, Centennial Yards, Mercedes-Benz Stadium, and State Farm Arena. In 2021, Generation experienced incredible leasing velocity with 38 leases per month while increasing rents by $252.
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Under Contract
Generation Atlanta
336 Units
369 Centennial Olympic Park Drive
Atlanta, GA  30313
Type: Conventional
Posted: 8/9/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present Modera Prominence, a Core multifamily asset in an irreplaceable location within Atlanta. As a true trophy asset, Modera Prominence is the epitome of luxury within Atlanta’s most affluent submarket, Buckhead. The strategic North Buckhead positioning provides immediate access to a plethora of highly acclaimed restaurants and retail, while having backdoor access to Chastain Park and Central Perimeter. The property boasts premier amenities with expertly executed interiors, attracting residents with average household incomes of $230K+. Furthermore, Modera Prominence has proven out 8.6% effective rent growth since June while rapidly approaching stabilization.
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Under LOI
Modera Prominence
318 Units
3699 Lenox Road NE
Atlanta, GA  30305
Type: Conventional
Posted: 9/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Riverworks, a 306-unit luxury apartment community located in Savannah, GA. Riverworks represents a rare opportunity to acquire a high-quality, trophy asset anchored by the Savannah River and Savannah’s celebrated Historic District. Savannah’s exceptional job market and continued population growth will continue to support Riverworks as the premier asset. The property is strategically located in the $600M+ Eastern Wharf mixed-use development and will directly benefit from its curated retail, waterfront walkability, and immediate proximity to boutique restaurants and bars. Riverworks has proven its desirability through impressive leasing velocity of 35 net leases per month since June while raising market rents 7% in the same period.
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Under Contract
Riverworks
306 Units
301 Passage Way
Savannah, GA  31401
Type: Conventional
Posted: 9/1/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Station at Clift Farm, a 315-unit, 2021-built apartment community located in one of the top growth markets in the country, Huntsville, AL. Delivering its first units in June 2021 with over 35 leases signed each month in the 1st 2 months of leasing, The Station at Clift Farm offers the most upscale and sought-after finishes, amenities and features in the region. The asset is nestled in the Clift Farm development which provides future residents unmatched walkability to retail while maintaining superb connectivity to the area’s major job cores. The property will also feature a top-of-the-line technology package that is only offered at the nation’s most prestigious assets. The Station at Clift Farm offers the next investor a Class A+ asset in one of the hottest markets in the country.
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Under Contract
The Station at Clift Farm
315 Units
165 John Thomas Drive
Madison, AL  35758
Posted: 7/27/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire X Miami (the “Property”) – a 32-story, transit-oriented high rise located in globally renowned Downtown Miami, Florida. X Miami is the city’s premier rental apartment community that opened with much fanfare in the summer of 2018 and has proven resilient through the coronavirus pandemic. The Property is composed of 464 luxury residences with 729 square feet of fully-leased restaurant space in the building’s lobby.

First-tier cities, including Miami, have begun to experience an affordability challenge as new high-end and highly-amenitized products lack an affordable entry price point. X Miami’s innovative approach and creative design – through unit size and layout – addresses the problem of ever-increasing entry price points into highly urbanized markets. X Miami’s flexibility of accommodating both rent-by-bedroom (RBB) units and short-term rental (STR) operations at ownership’s discretion allows young urban professionals the opportunity to experience the vibrant downtown at an attractive and cost effective price, without sacrificing amenities or living experiences; in fact, they are provided a better one. RBB units are proving to be a great starting point for younger renters who then graduate within the building to full units as their needs and careers grow.

The Property’s downtown location presents an extremely rare acquisition opportunity, which a long-term investor will greatly benefit from owning due to the building’s quality and positioning. X Miami’s landmark location and adjacency to a Metromover station puts it at the forefront of the impending growth that Miami is experiencing in its ascent into a first-tier world-class city.

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Under Contract
X Miami
464 Units
230 NE 4th Street
Miami, FL  33132
Type: Conventional
Posted: 1/3/2020