Tag Archives: north carolina new homes

Sadie Oaks near Raleigh, NC

201-unit BTR Community Coming Soon Near Raleigh, N.C.

Center Park Group, a premier general contractor and home builder, unveils plans for Sadie Oaks, coming soon to Wendell, N.C. The 201-unit, build-to-rent (BTR) townhome community is located on Wendell Falls Parkway. Center Park Group recently started vertical construction with plans to develop 10 to 15 homes a month. The community’s proximity to Wendell Falls Parkway and I-540 make it an excellent choice for those who want access to local offerings and easy access to Raleigh.

In partnership with BrightSky Residential, Center Park Group is set to deliver 201 front and rear loaded townhomes, all with attached garages. Each two-story residence will showcase modern design elements, including stainless steel appliances, quartz countertops, luxury vinyl tile flooring and designer cabinetry. Residents will also benefit from smart home technology and private fenced yards for added comfort and convenience. On-site amenities will include a clubhouse, pool, dog park, pickleball court, several walking trails, and open green spaces.

“We’re excited to begin our first project with BrightSky Residential, and their parent company, The Resmark Companies,” said Brian Herring, Raleigh Division President with Center Park Group. “They chose to work with us because we offer more than just residential construction expertise; we bring the operational discipline of a commercial GC combined with the speed, cost control and efficiency of a regional production builder. It’s a model that’s uniquely positioned to support their expansion in ground-up BTR development across the Southeast, and we look forward to delivering lasting value through this partnership.”

Sadie Oaks will redefine modern living in Wendell, combining sophisticated design with unbeatable accessibility. From convenient dining and retail options at Wendell Falls to nearby roadways that lead to Raleigh, N.C., and beyond, everything residents need is within easy reach.

Center Park Group has built a strong portfolio through successful collaborations with publicly traded REITs, institutional multifamily developers and regional firms that invest in residential real estate across the Southeast. Its presence in the region is rapidly expanding, with a pipeline of 30+ communities, representing nearly 3,000 homes in various stages of development and construction, demonstrating the scale, speed, and reliability of its construction platform.

About Center Park Group

Center Park Group is a premier builder of high-quality, single-family detached and attached housing communities. Focused on the Build-to-Rent sector, the company delivers sustainable, investment-grade residential developments tailored to client needs. Leveraging a blend of commercial and residential construction expertise, Center Park ensures operational efficiency, on-time delivery and uncompromising quality, enhancing communities while creating value for investors.

For more information about Center Park Group, visit www.cpbuilderservices.com or call 843-800-5311.

CRM – Construction Management Now Serving Florida Areas

CRM – Construction Management Now Serving Florida Areas

South Carolina-based general contracting firm CRM – Construction Management (CRM-CM) is excited to announce its services are now available in Brevard County, Florida in addition to South Carolina and North Carolina. This furthers the company’s mission to start with strong roots and deliver a plethora of residential and commercial services. Continue reading

Durham Named a Hot City for Foreclosures

durham a hot city for foreclosures

With the real estate market in the condition it’s in, buyers these days are looking to get the best deal possible. In most markets, housing prices are still extremely affordable and interest rates are low, so buyers are able to get more house for less money. However, these conditions are starting to cause a decrease in inventory, especially foreclosure inventory, in many areas, which means prices may soon be on the rise. Even though all of this is true, Business Insider recently named Durham as one of the 10 hottest cities for investing in foreclosed homes.

According to RealtyTrac, home sales prices in the area increased by almost 20 percent between the first quarter of 2011 and the first quarter of this year, but the average foreclosure sale price remains around $150,000. This price is considered an almost 25 percent discount when compared to pricing on a North Carolina new home. However, foreclosure buyers need to act quickly because the company predicts that the foreclosure inventory is down to almost only 11 months of supply.

The only other southern city to make Business Insider’s list is Montgomery, while the rest were confined to Massachusetts, Washington, California, Ohio, Arizona and Rhode Island.