Hathaway Cos. has acquired Water Tower Apartments, a 233-unit luxury multifamily property in Greenville, S.C., for $45.4 million.
JLL represented the seller, Urban Realty Partners. JLL also represented the borrower, to originate the acquisition loan on behalf of the buyer.
Water Tower Apartments, located at 1000 Water Tower Circle, offers direct access to the popular 28-mile Swamp Rabbit Trail. The community's prime location provides connectivity to downtown Greenville and its thriving business district.
Water Tower Apartments, built in 2024, offers a mix of studios, one-, two- and three-bedroom units, with an average unit size of 741 square feet. At the time of sale, the property was 10 percent occupied as it had recently received its certificate of occupancy in December and was in the lease-up phase. Units feature high-end finishes including resilient wood-style flooring, work nooks with built-in desks, gourmet kitchens with designer cabinets and quartz counte
