Summerville, S.C. – Terwilliger Pappas, one of the Southeast’s premier multifamily developers, has announced the sale of Solis Nexton, a 320-unit luxury residential community in Summerville, to West Shore. Boston-based West Shore, a multifamily real estate investment firm, now owns and operates 45 properties with over 14,000 units in seven states. This sale marks the 29th community completed and sold by Terwilliger Pappas since the company’s founding in 2013.
Solis Nexton is the first community Terwilliger Pappas has developed in Summerville. Located in the award-winning Nexton master-planned community, Solis Nexton features one-, two-, and three-bedroom apartment homes located in nine three-and-four-story buildings. The residences feature spacious floorplans with modern finishes, granite countertops, stainless steel appliances, and walk-in closets.
The 11-acre community is located within walking distance to Nexton Square and offers a resort-style pool, dog park, pet spa, entertainment lounge, state-of-the-art fitness center and private yoga/spin studio, electric charging stations and a community pocket park.
“We are pleased to have acquired Solis Nexton, our eighth property in South Carolina,” said West Shore President Lee Rosenthal. “Solis Nexton offers residents upscale apartment homes in an ideal location, with access to all-inclusive amenities, shopping, and dining. The community is in close proximity to several other West Shore properties, allowing us to leverage our knowledge of the area and provide terrific living experiences for our residents.”
The marketing of Solis Nexton was handled by Alex Okulski at Newmark Group. Lincoln Property Company was the leasing and property management company for the project. Solis Nexton offers brand new apartments located at 6000 Front Street in Summerville, South Carolina, and is now leasing. Learn more at www.solisnexton.com.
For more information on Terwilliger Pappas or its 35 properties, please visit www.terwilligerpappas.com. For more information on West Shore, please visit www.west-shore.com.
About Terwilliger Pappas
Founded in 2013 by J. Ronald Terwilliger and Peter A. Pappas, Terwilliger Pappas develops best-in-class multifamily apartment communities in the Southeast’s most appealing submarkets. Terwilliger Pappas communities are identified by their marquee brand, Solis, and reflect the company’s elevated design emphasis resulting in the highest quality communities for residents, investors and partners. Terwilliger Pappas is based in Charlotte, with regional offices in Raleigh and Atlanta. For more information, please visit www.terwilligerpappas.com.
About West Shore
West Shore is a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets. It is a dynamic, fast-growing company that blends an entrepreneurial approach to real estate with institutional investment discipline. Its principals are experienced management and real estate private equity executives. Boston-based West Shore was founded in 2016 and owns and operates a diverse portfolio of 45 multifamily properties in seven states, totaling over 14,000 units with a total market value of more than $3.0 Billion. For more information about West Shore, please visit the company’s website at www.west-shore.com.
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