Woodfield Development Kicks Off Charleston BTR Project
The community will come online late next year.
Woodfield Development has broken ground on The Radler Townhomes, a 114-unit rental home community in Summerville, S.C., a suburb of Charleston. Vertical construction is scheduled to begin in August, with the project’s completion expected in the fourth quarter of 2027.
Center Park Group, a specialist in build-to-rent development in the Southeast, is The Radler Townhomes’ general contractor. Woodfield has developed more than 60 residential communities in various markets.
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The townhomes will each be three-story structures with a mix of two- to four bedrooms in 1,788 to 2,401-square-foot configurations. Some units will also include private yards. The project is about 24 miles northwest of downtown Charleston on Interstate 26.
Interiors will feature quartz countertops, stainless-steel appliances and walk-in closets. The homes have one- to two-car garages.
BTR rent growth slows, but investors don’t
Single-family rents increased 1.3 percent in March 2026 year over year, according to data from Cotality’s most recent index. That’s a slowdown from the same period a year earlier, which saw a 2.7 percent increase. Even so, investors are still game for the property type.
In May, PCCP acquired the under-construction Skymor Sanford, an 84-unit BTR project in Sanford, Fla. Toll Brothers sold the development, on which it broke ground in December 2025, according to Yardi Matrix.
That same month, Capital Square acquired Cacéma Townhomes, a 176-unit BTR community in Kissimmee, Fla. The buyer paid $56.2 million, with the help of a $33.4 million Freddie Mac loan from Walker & Dunlop. Epoch Residential was the seller.
