Multifamily news in Charlotte
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Charlotte Community Scores $40M Recap
Acre Valley Real Estate Capital has joined with Blaze Partners as a new equity partner on the 384-unit apartment community.
20 August 2019 12:59 -
Spectrum Sells Charlotte Apartments for $63M
The sale of the 322-unit Class A community is the seller’s second disposition of a recently delivered asset in the Carolinas this summer.
07 August 2019 18:07 -
The Beach Co. Catches Some Sun in the Carolinas
The firm’s Dan Doyle explains why the area will continue to play a starring role in the nation's economic growth and weighs in on the biggest challenge for multifamily developers.
07 August 2019 14:03 -
Panorama Breaks Ground on Charlotte TOD Project
JLL Carolinas will manage the development of the 309-unit Lumeo Apartments, located near the University City Boulevard station on the LYNX Blue Line extension.
01 August 2019 14:09 -
Cushman & Wakefield Brokers $22M Deal in SC
Upstate Property Rentals sold the 22-building, 352-unit property to Nakash Family Land Trust and Mendel Fischer. The asset is located on the I-85 corridor.
19 July 2019 19:11 -
Bucci Development Sells South Carolina Apartments
Cushman & Wakefield represented the seller in its disposition of The Village at Lake Wylie, a 392-unit property in Charlotte's submarket of Lake Wylie, S.C.
17 July 2019 13:26 -
Redwood Capital Buys New Charlotte Community
The real estate investment manager bought the 245-unit asset from developer Proffitt Dixon Partners. The property is located in the city's Ballantyne neighborhood.
12 July 2019 13:16 -
West Shore Invests $44M in SC Property
The company has acquired Riverwalk Apartments, a 307-unit Class A community in Rock Hill, S.C., around 22 miles from downtown Charlotte.
11 July 2019 17:35 -
Cortland Sells Charlotte Community for $107M
Anson at the Lakes, a Class B multifamily asset with nearly 700 units, last changed hands in early 2015 for $60.2 million.
08 July 2019 17:51 -
Charlotte Multifamily Report – Summer 2019
Despite a strong wave of deliveries over the past five years, the metro's rents increased by 3.4 percent year-over-year, well above the national average.
25 June 2019 10:53 -
Alpha Partners Enters Charlotte With Portfolio Buy
The firm’s first acquisition in the market includes 147 units across three communities. The owner plans to add value to the properties through significant renovations.
20 June 2019 16:55 -
Carroll Org. Pays $39M for Charlotte Community
CBRE provided the buyer of the 268-unit luxury multifamily asset with more than $27 million in acquisition financing through Freddie Mac.
13 June 2019 15:48 -
Charlotte Redevelopment Moves Forward
Developer Terwilliger Pappas plans to build a 272-unit apartment community within City Park, a sprawling master-planned community on the former site of an 18,000-seat sports arena.
07 June 2019 13:54 -
Arbor Realty Finances Charlotte Acquisition
The purchase brings FriedLam Partners’ Charlotte portfolio to 11 market-rate multifamily properties totaling more than 1,500 units across the metro.
06 June 2019 17:53 -
White Eagle Buys Charlotte Community for $32M
The company purchased the 240-unit York Ridge from FCP and High Real Estate Group with plans to reposition and rebrand the asset, in the latest deal for the city's robust multifamily sector.
29 May 2019 13:25