Harmon Foxbank

Jones Lang LaSalle, a South Carolina–licensed real estate broker ("JLL"), has been retained as the exclusive sales agent for Harmon Foxbank (the “Property” or the “Asset”), a 109‑unit, Class‑A Build‑to‑Rent community located in Moncks Corner, South Carolina. Developed and delivered in two phases in 2021 and 2023 by Crescent Communities, the Asset features institutional‑quality construction, contemporary amenities, and strong regional connectivity within one of Charleston’s fastest‑growing suburban submarkets. Strategically positioned along U.S. Highway 52 and S.C. Highway 6, Harmon Foxbank offers convenient access to the greater Charleston MSA and its primary employment hubs.

Situated within the master‑planned Foxbank Plantation, the community provides residents access to an exceptional amenity package, including two resort‑style pools, a 67‑acre resident lake, playgrounds, extensive greenspace, walking trails, and other outdoor recreation that foster a cohesive, neighborhood‑oriented lifestyle. The Property benefits from a highly walkable and bikeable setting, surrounded by restaurants, parks, retail, and everyday conveniences that appeal to renters seeking an urban‑amenity experience in a suburban environment. Harmon Foxbank’s location within Foxbank Plantation offers residents direct, walkable access to Foxbank Towne Center and Moncks Corner Marketplace. These adjacent shopping destinations include newly constructed retail offerings such as Publix and a variety of restaurants, delivering convenient access to modern services, expanding retail options, and experiential amenities that enhance daily living.

The Asset is located in Berkeley County, where only three competing communities remain in lease‑up, collectively totaling 287 vacant homes, and no additional Build‑to‑Rent developments are currently under construction in the immediate submarket. This lack of near‑term supply, coupled with favorable demographic trends—including a projected 4.5% population growth within a five‑mile radius—supports sustained renter demand and long‑term leasing fundamentals. Residents further benefit from a significant cost advantage to homeownership, realizing average monthly savings of $703 compared to comparable ownership expenses.

These compelling fundamentals—anchored by a highly amenitized setting, supply‑constrained market dynamics, and a durable growth trajectory—create a rare opportunity to acquire an institutional‑grade Build‑to‑Rent asset with attractive near‑term stability and long‑term upside.