On Friday, September, 21, the Taft Family Ventures team celebrated our Community Day event. We helped out at the Greenville VA Hospital by giving out ribbons to all the veterans and their respective families, and most importantly - thanking them for their service. We also talked to people throughout the day and cooked lunch for everyone. Furthermore, it was National POW/MIA Recognition Day, making it an extra special day for everyone involved.
Taft-Mills Group received funding through the North Carolina Housing Finance Agency to develop 268 units of affordable housing in two separate North Carolina cities. The proposed developments will be located in Raleigh and Winston Salem and represent a combined $38 million-dollar investment in those communities.
Dustin Mills, President of Taft-Mills, commented “We’re extremely excited to have secured the necessary funding to allow these communities to become a reality.”
Taft-Mills is an award-winning developer and owner of affordable housing communities throughout North Carolina. In addition to their recently funded Raleigh and Winston Salem communities, they are also presently building other communities in Raleigh, Burlington and Benson.
Read the full story at The Daily Reflector
Taft Family Ventures (TFV) accepted $14.8 million in the sale of Signature Place Apartments, a 171-unit community in Greenville, N.C.
Located at 410 Beasley Drive, Signature Place Apartments, spans across more than 15 acres and includes 48 one-, 84 two- and 39 three-bedroom units.
Waterstone Multifamily worked on behalf of TFV and Drucker & Falk, its joint venture partner, in the transaction.
Read more at multihousingnews.com
Taft Family Venture's Principal Thomas F. Taft, Jr. was honored as the recipient of Uptown Greenville's "Visionary Award" during its annual State of the District Program.
The Visionary Award recognizes new and old businesses and the partners that helped make them possible. Thomas received the award for his efforts in revitalizing several properties and areas in downtown Greenville.
Read more about the annual program at The Daily Reflector
Taft Development Group's The Boundary at West End has been ranked as one of the Top 50 Student Housing Properties by online reputation for 2017.
This marks the second year in a row that The Boundary at West End has been recognized for its property performance and REITs, with regards to its online reputation, by J Turners ORA Power Rankings, earning an ORA score of 83.
Read more at Multifamily Executive
Amid the sounds of hammering and buzzing saws, and the sight of dust being kicked up as dump trucks and lift trucks came and went, a bright blue tower crane 160 foot tall with a boom of 260 feet provided a unique opportunity for members of Greenville Fire-Rescue to practice high angle rescues on Friday morning at the Campus Edge student housing property on 10th Street and Charles Boulevard.
“For us, this is unique,” said Captain Mervin “Tuggy” Taylor. “Our landscape has changed over the last 10 years, and what I mean by that is were coming from the rural community to a small municipality with a growing scale of elevated platforms in the city.
One of the training drills simulated a crane operator experiencing a medical emergency while climbing the ladder and stairs to access the cab, 125 feet off the ground. More than a dozen firefighters participated in the training, and they began preparations last month.
The training was a collaboration between the city and Taft Development Group.
“We're extremely proud the the Taft-Ward development company was willing to allow us to come out and do this,” Griffin said. “It's not often that we have the availability to a crane, but if we can continue to work with our partners in the community, we will do it as much as possible to make sure all of our personnel are trained and to be able to provide a rescue or to perform a rescue at high angles or in any other type of environment.”
Read the full article via The Daily Reflector
Taft Development Group, in partnership with Ward Holdings and Taft Constuction Group, has broken ground on The Proximity at 10th, a 609-bed student housing community located adjacent to East Carolina University in Greenville. The development will be located across from the new ECU Student Center, and will offer studio, two-, three-, and four-bedroom fully furnished units with bed-to-bath parity.
Community amenities will include 12,000 square feet of retail; a 9,000 square foot clubhouse; fitness center, yoga studio, game room, co-working and innovation space; a student gallery; and over 20 study rooms and lounges. The exterior of the property will feature a courtyard with a fire pit, grills, a water feature, covered cabana lounge, hammock garden and a resort-style pool.
The Proximity at 10th is expected for completion in fall 2019.
Read more in the September/October 2017 issue of Student Business Housing
Top 50 Student Housing Properties by Online Reputation
Taft Development Group's The Boundary at West End ranks number 23 with an ORA score of 85.
More than 81% of students use online ratings and reviews to search for an apartment, according to J Turner Research's exclusive ORA Power Rankings.
This issue of ORA Power Rankings focuses on the student housing market. In this debut ranking, J Turner Research features the Top 50 student housing properties in the nation by online reputation, tracking more than 1,100 such developments nationwide across various review sites.
Continue reading full article at Multifamily Executive
Development teams are debuting their first age-restricted, "pocket neighborhood" in Clayton.
The first model homes for the proposed 300-unit Walk at East Village community have opened at the intersection of U.S. 70 Business and N.C. 42 next to the new apartments at Arbors at East Village, and the community will be hosting an open house event April 22.
Walk at East Village will have a 12,000-square-foot clubhouse with the traditional neighborhood amenities, including a pool, fitness center and coffee shop, along with walking paths throughout the entire community. The project is about one mile east of Clayton’s downtown district. It is designated as an age-restricted community, which means that at least one member of the homebuying household must be 55 years or older.
The Walk at East Village is being developed in partnership with Taft Development Group.
Read the full article at Triangle Business Journal