Wood Partners is expanding its Specialty Housing Group (SHG) with representatives in each of its five regions nationwide. The group oversees the development, finance, and construction of workforce, age-restricted and student housing projects. The SHG unit has facilitated the development of about 6,500 units, or some $725 million worth, which represents about a quarter of the company’s total rental development over the past decade. It is solely focused on the rental market rather than condominiums. www.woodpartners.com
The Marketing Directors has achieved success in one of the most challenging real estate markets in history. The company has hired 35 new employees since spring of this year and continues to show exceptional growth. Based on sales across Atlanta in the second quarter, The Marketing Directors has a 58 percent market share of sales in new condominiums. The company also represents seven of the top 10 top-selling condominium communities in Atlanta. The Marketing Directors has closed $400 million in sales and has signed real estate listings worth a total of $2.85 billion since its inception in January 2007. The top two sellers of the quarter, Vinings Main and Viewpoint, had over 30 net sales each. The Marketing Directors expects the competitive landscape to continue to change when it launches three new buildings for ST Residential: The Brookwood, The Atlantic and Serrano. www.themarketingdirectorsinc.com.
Atlanta-based design and master-planning firm Tunnell-Spangler-Walsh & Associates has been hired by Sarasota, FL to transform a man-made lake into a world class flat-water rowing venue. The 600-foot lake is located along Interstate 75, and the surrounding parkland is large enough for additional year-round recreational amenities, as well as the facilities needed to support a flat-water rowing venue. Landscape architect Thomas Walsh was already familiar to the rowing community since he designed the Kayak and Canoe Venue for the 1996 Summer Olympics in Atlanta. Walsh says the site offers both exceptional promise and challenges. www.tunspan.com