February 2, 2026
Continental Realty Corporation Adds To South Carolina Multifamily Portfolio With Acquisition Of 329-Unit Elevate At Brighton Park
BALTIMORE, MD (January 31, 2026) – Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 15 states with more than $4.2 billion in Assets Under Management (AUM), has added to its South Carolina multifamily portfolio with the acquisition of Elevate at Brighton Park, a property with 329 apartment homes located at 115 Great Lawn Drive in Summerville. American Landmark was represented by Newmark’s Alex Okulski in its sale of this property, which is within the Nexton master-planned community.
“Elevate at Brighton Park boasts a superior location and premier visibility with multiple entry points within the Nexton community, and this investment presents a strong opportunity to drive performance through select value-add enhancements and further add to the economies of scale created by our company’s broader presence across the Charleston submarket,” stated Matthew Joiner, CRC’s Senior Managing Director, Multifamily Acquisitions. “Our deep market expertise and proven ability to execute complex transaction structures reinforced our position as the preferred counterparty.”
Delivered in 2019 and currently 94 percent leased, Elevate at Brighton Park consists of 19 three-story buildings with three distinct product types: traditional garden-style apartments, carriage homes, and townhome units with attached garages. The average home size provides 1,014 square feet of space. The community features a standalone clubhouse equipped with separate fitness and business centers, an exterior saltwater swimming pool, and outdoor lounge areas with grills, gaming options, a hammock garden, and dog park. Various pocket parks are also situated throughout the community.
Elevate at Brighton Park, positioned 25 miles from Charleston’s downtown peninsula, is near major employment corridors and lifestyle and retail amenities, including two grocery-anchored retail centers within walking distance. The Volvo Assembly Plant and The Boeing Company’s production facility are located nearby, with other major employers including Bosch, Mercedes-Benz, and Trident Health System. The community of Nexton integrates a complementary mix of Class ‘A’ commercial office space, residential villages, educational institutions, retailers, and the MUSC hospital system, which collectively attract a diverse set of audiences. CRC intends to complete interior unit upgrades and improvements to the common-area amenities to further enhance operations and reposition the property within the master plan.
“The Charleston MSA has proven to be an attractive CRC market, supported by our current ownership on Daniel Island and in Mount Pleasant. Nexton, an amenity rich and fast-growing master planned community in Summerville, aligns exceptionally well with our investment strategy. The community’s distinctive design and mix of traditional units, carriage homes, and townhomes with attached garages offers a compelling differentiated product” stated Ari Abramson, CRC’s Managing Director, Multifamily Acquisitions.
Founded in 1960, Continental Realty Corporation is a vertically integrated, privately held commercial real estate and investment company specializing in the acquisition and operation of retail and multifamily properties. CRC owns and manages a diversified, national portfolio of more than eight million square feet of retail space and over 10,000 apartment homes across 15 states, with a total value of more than $4.2 billion. Guided by a commitment to excellence and long-term value creation, CRC combines market insight, disciplined investment strategies, and a people-first approach to deliver exceptional results for investors, residents, and communities.
For additional information, visit www.crcrealty.com.
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