Oak Ridge
REAL ESTATE
Greensboro affordable housing project advances, supportive housing project at standstill
GREENSBORO, N.C. (WGHP) — Empty apartments in East Greensboro could get new life soon. “We welcome a change. I would love to see somebody back there living. Right now, it is an eyesore,” said Jennifer Thompson, who lives nearby. The property is on John Dimrey Drive just off...
TIC Sells Styers Ferry in Winston-Salem to Lennar
Trilogy Investment Co. (TIC), a pioneering build-to-rent (BTR) development company, announces the sale of Styers Ferry to Lennar, one of the nation’s leading home builders. This 102-lot single-family subdivision is located on Styers Ferry in Winston Salem. Phase one closed in May 2024 for $2.5 million, with the second and third phase closing over the next nine months. This represents TIC’s second successful closing with Lennar.
Winston-Salem housing initiative faces delay as funding gap continues
The next step in a housing project that aims to transform the northeast community of Winston-Salem could face a significant delay as officials work to close a funding gap. The Choice Neighborhood Initiative is a five-phase project that looks to revitalize the Cleveland Avenue neighborhood, creating more than 400 new, mixed-income housing units.
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