ECI Group Launches Leasing at $60M Multifamily Development in Metro Savannah
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- Disclosed multifamily deal value tracked in November 2026: $1B across 14 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
RICHMOND HILL, GA. — ECI Group has launched leasing at The Averly Richmond Hill, a $60 million multifamily development located along Ford Avenue in Richmond Hill, a southwest suburb of Savannah. Situated within one mi…
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