Our 68V Multifamily team announces the stabilization and 95% occupancy of their Parkstone neighborhood in Fairhope, AL.
68V Multifamily is pleased to announce the successful stabilization and 95% occupancy of the Parkstone neighborhood in Fairhope, AL. With 39 single-family homes leased at pro-forma rents, Parkstone has quickly become a sought-after community, attracting quality residents who appreciate the neighborhood’s charm and convenience.
“We are thrilled to see Parkstone reach such a significant milestone,” said Ross Peterson, Director of Operations at 68V Multifamily. “Our team has worked diligently to create a welcoming and vibrant community, and the positive response from our residents reflects the success of our efforts.”
A special thanks to Willow Bridge, the property manager for Parkstone, whose exceptional management and dedication have been instrumental in achieving this high occupancy rate. Their commitment to providing outstanding service and maintaining the community’s standards has been key to attracting and retaining quality residents.
Parkstone’s prime location has made it a premier choice for families and professionals alike. The neighborhood offers convenient access to local schools, shopping, and recreational facilities.
The strong leasing performance at Parkstone underscores 68V Multifamily’s commitment to developing high-quality residential communities that meet the needs of today’s renters.
Our 68 Ventures Single Family Residential development team expands to Biloxi, MS.
Our latest development for D.R. Horton is Hidden Springs in Biloxi, MS. Hidden Springs will deliver 173 lots over two phases.
We are now actively developing deals in three states: Alabama, Florida, and Mississippi, with other states in the works. Geographic expansion will have a big impact on whether we achieve our internal goals. We have added projects in Birmingham and Mississippi this year as well, so we are looking good.
GoPest, a pest control company based in Spanish Fort, AL, has expanded its Alabama operations to include the Jefferson & Shelby County markets.
GoPest works with homebuilders, homeowners and commercial property managers throughout Alabama and the Florida Panhandle to protect customers with top-rated subterranean termite control, mosquito service, and general pest control.
GoPest President Justin Warner said, “We are looking for markets that our current strategic partners operate in to continue our organic growth, and we could not be prouder of our team’s commitment.”
With over 50 years of combined industry experience, the GoPest team has the knowledge and tools to protect your family and property. GoPest currently serves over 4,000 customers in Alabama and the Florida Panhandle. Call the GoPest team at 855-621-BUGS (2847) for all your pest control needs.
Our Aegis Exteriors team helped build a model home for D.R. Horton in 2.5 days.
D.R. Horton wanted to see how quickly they could build their new Cali model home in Owl’s Head West in Freeport, FL. The goal was to build the entire home in just 4 days. The slab was poured at noon, and by the next morning at 7:30, the whole house was framed, wrapped and almost ready for our team at Aegis to install siding. At 10:30 AM, our team of 3 crews (21 people) came together and quickly finished all the siding only 5 hrs. later! We received many compliments, and everyone was highly impressed with Aegis and how they supported D.R. Horton’s challenge. We are incredibly proud of our Aegis team!
Here’s part of the email the D.R. Horton project superintendent sent to our team afterwards.
“TEAM, YOU MADE HISTORY THIS WEEK! I am speechless and in awe of the efforts made by so many of you with multiple crews, working the midnight hours and having all hands on deck when we ran into snags. I don’t know what the record [is], but one day, you can all tell your grandkids, ‘I was once a part of a team that built a house in 2-1/2 days.’ How you started strong is one thing, but how you all finished this race meant everything to me. Impossible, I found out, is only impossible until it isn’t. I wish there were adequate words that I could say, but I don’t have them. Forever grateful to you guys!”
Our 68V Multifamily team announces the “Topping Out” of Fallingwater at Stonebridge.
Fallingwater at Stonebridge, a BTR community in Spanish Fort, proudly announces the “Topping Out” of its residential community, celebrating the completion of the structural framework for the last home. This milestone signifies a major step forward in delivering 141 single-family homes in Spanish Fort.
“We are incredibly proud to reach this milestone,” said Hansen Babington, 68 Ventures Multifamily. “This accomplishment reflects the commitment and expertise of our entire team. We look forward to welcoming our future residents.”
Fallingwater at Stonebridge offers a variety of floor plans, high-quality finishes, and energy-efficient features. Residents will enjoy amenities such as a community clubhouse, swimming pool, dog park, pickleball, fitness center and landscaped green spaces. The development is strategically located with easy access to schools, shopping, dining, and major transportation routes.
Immediate Move-In is available for the first round of homes. For more information about Fallingwater at Stonebridge and available homes, visit www.livefallingwater.com or contact the leasing office via phone @ (251) 644-6799 OR email at: fwleasing@adoorproperties.com.
Crucible Construction completes construction on initial phase of the new Legendary Marina and Yacht Club in Gulf Shores, AL.
It was awesome to get to see the hard work and talent of the team at Crucible Construction recognized this past week at the Grand Opening of the Legendary Marina and Yacht Club, Gulf Shores, AL. Zach, Bart and George knocked it out of the park on this first phase and I can’t wait to see them execute the rest of the vision. I’d like to also say thank you to Mayor Craft for his leadership in helping make this project a reality. He and I have been working on this property for over 12 years with the goal of making it the flagship of the Waterway District. Finally, the reason we are where are though is because of my dear friend and partner, Peter Bos, for not only believing in the possibilities, but also going even bigger and better. Peter, Pete, Rodney, Greg and everyone else at Legendary have been wonderful to work with on all fronts and we are looking forward seeing this soon to be iconic development come to fruition.
– Nathan Cox
About the Project
This brand new marina consists of a 750+ space, 65′ tall, dry boat storage facility (encompassing 3 separate buildings); a two-story boat sales and servicing center with a Hardie & stucco exterior and Bahama shutters; a 45-slip marina; restaurant; clubhouse and an area for future mixed-use development. The marina operations facilities include a boat launch, boat display areas, fuel docks, and boat staging areas on just over 16 acres along The Intercoastal Waterway.
68 Ventures Announces New Leadership and Operational Update
July 31, 2023 (Daphne, Ala.): With the company’s new vision for the future, 68 Ventures has announced new leadership in Drew Dolan as CEO and Adam Campbell as president. In addition, 68 Ventures has announced a change with one of its operating companies, TerraCore Development Services (TerraCore). TerraCore is the single-family lot development arm of 68 Ventures and has been responsible for the development of over 7,500 lots.
Drew Dolan, CEO
Dolan, previously president of Truland Homes, a leading Gulf Coast builder of more than 3,000 homes, moved into the CEO role to oversee 68 Venture’s real estate and development efforts. As president for Truland, Dolan was responsible for implementing the company’s vision, mission and overall strategic direction in addition to driving culture throughout the organization, a role he will continue as CEO of 68 Ventures. “Leading Truland Homes was the most rewarding experience of my professional career. I am grateful to each of our team members and trade partners that made it such a success,” said Dolan. “As we look forward, I am excited to return to 68 Ventures and lead the organization alongside Nathan and Adam. We have a top-notch team and are well positioned to focus our resources to significantly expand our development operation.” Previously, Dolan worked for 68 Ventures as Chief of Staff where he was focused on providing support to the CEO, project management and strategic planning, in addition to working with internal business units, banks and investors on deal structures and execution. Dolan’s real estate and development career began when he started working as an attorney in the commercial real estate group at Maynard, Cooper & Gale (now Maynard Nexsen) in Birmingham, Ala. Here, Dolan represented buyers, sellers, investors, developers, landlords and tenants in all types of real estate matters. A native of Fairhope, Ala., Dolan attended The University of Alabama where he earned a bachelor’s in finance, a master of business administration, and a law degree.
Adam Campbell, President
Campbell is president of 68 Ventures and leads operations including all companies within the 68 Ventures portfolio. “I am honored and humbled that Nathan has provided me the opportunity to be a part of leading 68 Ventures alongside Drew,” said Campbell. “We have an amazing team in place that is highly competitive. We see a bright future ahead in all of us concentrating our efforts on development, investment and construction.” Prior to joining 68 Ventures, Campbell spent his corporate career as an executive in both the public and private sectors focused on formulating long-term growth strategies. His experience includes managing national sales teams, directing and overseeing company marketing, developing and overseeing a national client retention strategy, managing public affairs and communication efforts, along with identifying and evaluating acquisition targets that would unlock strategic markets for the organization. Campbell graduated with a bachelor’s degree from Monmouth University and earned a master of business administration from Colorado State University. Upon graduation from Monmouth University, Campbell entered the Marine Corps Officer Candidate School earning a commission upon completion. He spent the next 11 years as a Harrier Pilot and ultimately left the Marine Corps in 2015 at the rank of Major.
““As 68 Ventures embarks on this thrilling new chapter, I couldn’t be more confident about our prospects having Drew and Adam leading the charge. Both have been two of my most trusted relationships, while demonstrating their business acumens and leadership abilities to be beyond deserving of the roles. We have more opportunities in front of us than ever before, which is a testament to everyone in our organization, and there are none better than these two to capitalize upon them. I look forward to supporting them and celebrating their success together for decades to come.”
Nathan Cox, Chairman, 68 Ventures
Will Lowery, Managing Director – Single Family Residence
The decision has been made alongside Will Lowery to transition him and the entire TerraCore team back under the 68 Ventures brand. Once its own entity, the TerraCore brand will be dissolved, however Lowery will continue to lead as the Managing Director of SFR (Single-Family Residential) Development and his team will remain completely intact. “Will has done a tremendous job building out and leading our single-family lot development operation over the last decade to provide lots to D.R. Horton and Truland Homes,” says Nathan Cox, Chairman of 68 Ventures. “It is with great enthusiasm we welcome Will and his team at TerraCore’s return to 68 Ventures. There is no other component of our organization more vital to us achieving all the goals we have set forth than augmenting Will and his group as they expand geographically in route to developing 5,000 lots a year for D.R. Horton.”
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About 68 Ventures
68 Ventures (68V) is the parent company for numerous operating businesses along the Gulf Coast which focus on development, investment, and construction. Headquartered in Daphne, Ala., 68V is a purpose driven, culturally focused organization with a strong operational track record that has resulted in it becoming the largest single-family developer within the region, deploying well over a billion dollars in capital, and reaching the ranks as one of the top 100 private home builders.
