Brook Farm Group and Manor Park Ventures Partner on 336-Unit Savannah Apartment Project

CRE News Today Editorial Team
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Brook Farm Group and Manor Park Ventures Partner on 336-Unit Savannah Apartment Project

Downtowngal / CC BY-SA 3.0

According to REBusiness Online, two development firms are joining forces to bring more than 300 new apartment homes to the Savannah Highlands neighborhood in Savannah, Georgia. Brook Farm Group and Manor Park Ventures have announced plans to co-develop 675 Morgan, a multifamily community comprising 336 rental units.

The project represents a collaborative effort between the two firms, with each serving as co-developer on the venture. Upon completion, the residential buildout will consist of 11 three-story buildings offering a mix of one-, two-, and three-bedroom floorplans designed to accommodate a range of household sizes.

Key Details

Developers: Brook Farm Group and Manor Park Ventures (co-developers)

Project Name: 675 Morgan

Location: Savannah Highlands neighborhood, Savannah, Georgia

Unit Count: 336 multifamily units

Building Configuration: 11 three-story buildings

Floorplans: One-, two-, and three-bedroom apartments

Amenities: The community will feature a resort-style swimming pool, clubhouse, 24-hour fitness center, walking trails, pickleball courts, and a golf simulator.

Construction Financing: Ameris Bank, identified as one of Brook Farm Group's preferred lenders, provided the construction financing for the transaction.

General Contractor: Summit Contracting Group

Why It Matters

The 675 Morgan project underscores continued developer interest in the Savannah metropolitan area, a market that has drawn multifamily investment thanks to its growing economic base and strategic coastal Georgia location. Projects of this scale — bringing several hundred new units online at once — can help meet housing demand in regions experiencing population inflows and employment expansion.

The amenity package planned for 675 Morgan aligns with broader trends in the multifamily sector, where developers increasingly compete for residents by offering active-lifestyle features like pickleball courts and golf simulators alongside traditional offerings such as pools and fitness centers. These amenities have become key differentiators in lease-up velocity and resident retention.

The involvement of an established lender like Ameris Bank also highlights the ongoing availability of construction capital for well-sponsored multifamily deals. Banks and debt providers have generally maintained appetite for residential rental development, particularly in markets perceived as having strong fundamentals and supply-demand dynamics. Deals like this often reflect confidence from both equity and debt participants in a market's near- and medium-term rental housing outlook.

For commercial real estate professionals tracking the Southeast, the partnership between Brook Farm Group and Manor Park Ventures provides another data point on development activity in secondary and tertiary Georgia markets. The selection of Summit Contracting Group as general contractor indicates the project is advancing through the execution phase, with the development team now positioned to move toward vertical construction.

#multifamily#savannah#development#construction financing#georgia

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