Construction is now underway on the Fountains at New Bern Station, a 208-unit luxury rental community in Charlotte, N.C.’s historic South End.

Despite the difficult residential market in Florida, the top-selling U.S. master planned community in 2011 is in that state, according to a new study by John Burns Real Estate Consulting, as is the number-nine seller.

East Village Housing & Dining Phase II at the University of West Georgia has taken another step closer to realization with the selection of four short-list finalists for the development of the facility.

Construction has officially commenced for Oak Meadows, a mixed-use luxury apartment project that will sprout 335 residential units in what will ultimately be a transit corridor providing a direct connection to downtown Austin.

With an eye on value-add opportunities in the bustling Houston apartment market, Marquette Cos. has acquired and rehabilitated The Apartments at Copper Springs, a 376-residence community in the city’s thriving I-290 corridor.

Wood Partners reports that after only eight weeks, the property is 60 percent leased. The company isn’t just relying on the strength of the local market to get renters to sign on the dotted line–it’s also pursuing social media.

The newly formed Laurel Street Residential has bought the affordable housing development division of Crosland LLC for an undisclosed price.

Akard Street Partners, an investment partnership operated by Hunt Realty Investments, has formed Trinsic Residential Group to develop multifamily properties in infill and suburban locations, initially focusing on major Texas markets.

Metro 510, a 120-unit workforce housing property in downtown Tampa, Fla., has made its debut, flaunting a design by Urban Studio Architects that successfully blends the contemporary with the historic.

Ladera Palms Apartment Homes in Fort Worth will soon be home to Shop24, a self-contained, totally automated, robotic convenience store.