Multifamily news in Charlotte
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Emma Capital Expands Footprint in Charlotte
The company acquired the 240-unit Grand Terraces Apartments and the 310-unit Stanford Reserve for $53 million. It plans upgrades on both properties.
29 August 2017 08:50 -
PAC to Invest $18M in NC Multifamily Asset
The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.
22 August 2017 15:56 -
Marcus & Millichap Capital Arranges $36M for NC Apartments
The company worked with PGIM to secure the financing for Aurora Apartments in Charlotte. Terms for the seven-year loan include an adjustable rate and 30-year amortization.
21 August 2017 17:07 -
Monument Real Estate Services Names New VP
Alisha Huntsinger is the company’s new vice president of operations. She will oversee daily operations in support of the execution of the firm’s strategy.
18 July 2017 08:47 -
Arbor Funds $15M in Charlotte Fannie Mae Deal
The company provided financing for the acquisition of Pressley Ridge Apartment Homes, a fully affordable, 504-unit property. Blackfin Real Estate Investors currently owns the asset.
05 July 2017 21:45 -
SmartStop Asset Management Sponsors $57M Student Housing Sale
Strategic Student & Senior Housing Trust purchased a 592-bed community located near the University of Arkansas. The property was previously known as Sterling District, but its new owner dubbed it "The District."
30 June 2017 15:10 -
SkyHouse Uptown South Tower to Open in Charlotte, NC
Novare Group and Batson-Cook Development Co. are nearing completion of the community's second phase. The 24-story building will open June 22.
21 June 2017 08:01 -
Laurel Street Celebrates Opening of NC Community
The multifamily developer finished work on 757 North, a four-story residential project downtown Winston-Salem. The first residents are expected to move in by July 1.
09 June 2017 17:03 -
Capital One Brokers $9M Loan for SC Community
The loan was used for the acquisition of The Terrace at Butler, a 132-unit property in Greenville. New York-based Ladder Capital provided the loan for Engel Realty Co.
29 May 2017 11:14 -
Charlotte’s Boom
The area's multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.
26 May 2017 13:18 -
Robbins Electra Snaps Up Charlotte Community
Pavilion Crossing, which will be rebranded as Grand Reserve at Pavilion, includes 408 units. The property is currently 95 percent occupied.
04 May 2017 11:47 -
NC Community Changes Hands for $21M
Represented by Colliers International, CORE Realty Holdings Management sold the 483-unit Hidden Lakes Apartments to Living Well Homes. Built in 1974, the property provides a value-add opportunity for the buyer.
03 May 2017 17:30 -
RKW Residential Expands NC Footprint
The property management company has taken over management of Wesley Village, a 301-unit community near uptown Charlotte, N.C. Bluerock Real Estate owns the property.
27 April 2017 14:21 -
Monument Real Estate Services Promotes Jaime Rauscher to COO
Rauscher used to serve the Miami-based company as vice president of operations. She will be based in Charlotte, N.C.
25 April 2017 12:42 -
TriBridge Residential Lands Fourth Charlotte Property
The Atlanta-based company acquired Morehead West Apartments, a 211-unit North Carolina community, for $31 million. The property includes a 5,600-square-foot commercial space.
10 April 2017 13:52