Morrison Yard
Charleston, SC

Client
Woodfield Development

Description
Argosy Real Estate Partners (AREP) provided a joint venture equity investment toward the development of Morrison Yard, a 380-unit, trophy multifamily community in Charleston’s Morrison Drive (NoMo) neighborhood on the Upper Peninsula. The complex will consist of a ten-story concrete high-rise building and a six-story wood-framed mid-rise building, each featuring studio, one-, two-, and three-bedroom floor plans with best-in-class interior appointments and community amenities.

Structuring
$27,800,000 Opportunity Zone-Qualified Joint Equity Investment