Multifamily news in Charlotte
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Blaze Partners, Argosy to Convert Charlotte Hotel to Apartments
The firms acquired an extended stay hotel that will be repurposed into a market-rate multifamily community.
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Eller Capital Returns to Charlotte With $22M Buy
PGIM Real Estate sold the 140-unit community after picking it up in 2007.
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Charlotte Multifamily Report – Winter 2021
While rates took a dip in the second quarter, the metro's rents consistently outperformed U.S. averages last year.
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North Carolina Storage Assets Receive $29M Refi
The non-recourse bridge loan provided by Skymar Capital Corp. has a fixed interest rate and is set to mature in 2025.
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S2 Capital Buys Charlotte Community for $19M
The new ownership's $3 million rebranding plan will include interior and exterior upgrades of the 176-unit community.
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Trammell Crow Sells Charlotte Apartments for $65M
JLL Capital Markets represented the owner in its disposition of Alexan Optimist Park, a 238-unit property located in the Mill District.
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Spectrum JV Breaks Ground on University City Project in Charlotte
Batson-Cook Development Co. and Heitman are also part of the venture developing the 325-unit community, which will span four buildings on 28 acres.
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Charlotte Multifamily Roundup – November 2020
Greystar spends $121 million on suburban portfolio. UNC Charlotte housing trades for $95 million. Check out our November selection of Charlotte must-reads.
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CBRE Global Investors Buys Charlotte Community
The 150-unit property built in 2007 is situated in the city’s suburban SouthPark neighborhood.
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Charlotte Multifamily Wrap-Up – October 2020
Charlotte-area properties trade in $323 million deal. Peak Capital Partners makes $181.5 million investment. Read our October selection of Charlotte must-knows.
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Greystar Picks Up Two Charlotte Communities for $121M
A Florida-based investment firm sold Barrington Place and Waterlynn Ridge in a deal brokered by JLL.
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FriedLam Partners Acquires 6 Southeast Properties
Cushman & Wakefield represented the two sellers whose combined portfolio in Georgia and North Carolina totaled 872 units.
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Southwood Realty Adds Charlotte-Area Property to Portfolio
The acquisition also included an adjacent site zoned for the development of 144 units.
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Blackstone Pays $63M for Upscale Charlotte Community
The seller and developer financed the project with a $28.7 million construction loan from First Tennessee Bank in 2017.
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Charlotte Multifamily Wrap-Up – September 2020
The Connor Group makes $101.6 million buy. Luxury community opens near LYNX station. Read our September selection of Charlotte must-knows.