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  • BTR Daily - November 10, 2026 - Benco gets notice to proceed on 119 BTR townhomes in Charlotte

BTR Daily - November 10, 2026 - Benco gets notice to proceed on 119 BTR townhomes in Charlotte

BrightSky advances Peachtree. AMH buys Knightdale lots. JLL adds Ari Azarbarzin. Florida lowers its assessment cap. Two new BTR deals.

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NEWS ROUNDUP

Benco Construction photograph of the Madison South townhome development site in Charlotte

DEVELOPMENT: Benco gets notice to proceed on 119 BTR townhomes in Charlotte. Benco Construction received notice to proceed for Madison South, a 119-townhome rental community being developed by Madison Communities in Charlotte, NC. The 11.64-acre project will include a clubhouse and pool deck. The construction team is led by Project Manager Carter Richard, Assistant Project Manager Greyson Lane and Superintendent Andrew Huffstetler.

BrightSky Residential rendering of the planned Peachtree rental homes in Charlotte

DEVELOPMENT: BrightSky advances 152-home Peachtree community in Charlotte. BrightSky Residential is nearing completion of horizontal work at Peachtree, its first BTR community in Charlotte, NC. The 18.5-acre development will include 152 three- and four-bedroom rental homes ranging from 1,517 to 1,646 SF, with fenced yards and attached two-car garages. Planned amenities include a clubhouse, pool, pickleball court and dog park. The company expects vertical and amenity construction to begin “at the start of the year.”

AMH rendering of a planned home at Silverstone in Knightdale, North Carolina

ACQUISITION: AMH buys 49 lots for $6.86M in Knightdale. AMH acquired 49 lots from Taylor Morrison in the Silverstone development in Knightdale, NC, for $6.86M. The company plans to build three- to five-bedroom single-family rental homes along Hodge Road, south of Interstate 87. Rents are expected in the low $2,000s. The planned rentals will feature fenced backyards and two- and three-car garages and represent 49 of the larger development’s 217 single-family homes.

JLL portrait of Ari Azarbarzin

PEOPLE MOVES: JLL hires Ari Azarbarzin for Mid-Atlantic multifamily and BTR sales. Ari Azarbarzin joined JLL Capital Markets as Senior Director in Washington, DC, focusing on multifamily and BTR investment sales across the Mid-Atlantic, particularly secondary and tertiary markets in Virginia and Maryland. He brings more than 10 years of experience and over 120 multi-housing sales, with prior roles at Cushman & Wakefield and Northmarq. Senior Managing Director Jamie Leachman, co-head of JLL’s Washington, DC Capital Markets and National Multi-Housing teams, highlighted his regional expertise and investor relationships.

BTR SUMMIT - TODAY IN ATLANTA

BTR Summit 2026 panelists

Join us today, November 10, at Guardian Works in Atlanta for the BTR Summit. Connect with BTR owners, developers, investors and capital providers for sessions on land, capital and delivery, followed by food, drinks and networking.

Secure your tickets here: BTR Summit Tickets

BTR FOR SALE

Click each image for more information:

Coastland Residential photograph of The Addison Townhomes in Palmetto Bay, Florida

The Addison at Palmetto Bay | 18155 SW 98th Avenue Road, Palmetto Bay, FL 33157

83 BTR Townhomes | Built 2025 | 2–4 Bedrooms | 2-Car Garages

Cushman and Wakefield photograph of Estates at Palm Bay in Fort Walton Beach, Florida

Estates at Palm Bay | 302 Blessinger Drive, Fort Walton Beach, FL 32547

300 Townhomes | Built 1992 | Ground Lease Through 2066

ONE MORE THING

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