Multifamily news in Charlotte
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NC Community Lands $39M Refi
Chaucer Creek Capital, Richardson Properties and Kassinger Development Group will use the loan to refinance Audubon Place, a 342-unit property in Arden.
03 October 2018 16:29 -
Walker & Dunlop Taps New Finance SVP
Michael Davis will be responsible for originating multifamily loans through the lending programs of HUD, Fannie Mae and Freddie Mac.
02 October 2018 18:38 -
American Landmark Continues NC Expansion
The company has acquired the 339-unit Sterling Town Center in Raleigh and the 312-unit Integra Springs at Kellswater in Charlotte. Both communities will undergo extensive renovations.
03 September 2018 07:18 -
Cushman & Wakefield Brokers $33M Charlotte-Area Sale
Jordan McCarley, Marc Robinson and Watson Bryant of the company’s Southeast Multifamily Advisory Group facilitated the disposal of Fountains at Mooresville Town Square, a 227-unit community in Mooresville, N.C.
31 July 2018 14:05 -
Waypoint Residential Expands Student Housing Portfolio
The 576-bed property serves students attending the University of North Carolina at Charlotte. The new owner is set to upgrade the units, common areas and amenities.
25 July 2018 07:54 -
Dominion Realty Sells $69M NC Community
Centric Gateway in Charlotte is a 297-unit, newly completed mid-rise community with major street exposure. HFF brokered the deal on behalf of the seller.
19 July 2018 15:32 -
Trez Forman Funds $42M Charlotte Property
Caldwell Station NC is developing a 20-building community that will feature 371 parking spaces, a saltwater pool and a dog park.
09 July 2018 14:12 -
New Supply Softens Rent Growth in Charlotte
Despite decelerating rents, investors remain focused on the metro’s multifamily market, which is set to expand by 5,800 new units this year.
09 July 2018 13:33 -
American Landmark Expands NC Footprint
The Florida-based company teamed up with Electra America to acquire a three-property portfolio comprising more than 1,000 units. The new owners plan to invest up to $8 million in renovations.
02 July 2018 13:48 -
Blaze, True North Acquire Charlotte Property
The 210-unit Galleria Village Apartments marks the partners' second purchase in the Charlotte area. The community offers access to a swimming pool, a car-care center and a clubhouse.
19 June 2018 15:38 -
Rivergate KW Residential Expands Charlotte Portfolio
The 11 two-, three- and five-story buildings were developed in two stages, between 1992 and 2001. The community offers a mix of units averaging 1,109 square feet.
13 June 2018 18:46 -
Interurban Trades NC Community for $13M
The 144-unit multifamily property is located in a western suburb of Charlotte and contains a mix of one-, two- and three-bedroom apartments.
17 May 2018 18:00 -
Vesper Buys $40M NC Student Housing Asset
The transaction marks Vesper’s fifth student housing acquisition in the past months. The company plans to implement a $1 million value-add renovation to modernize the features of the property.
24 April 2018 19:03 -
Berkeley Point Capital Provides $59M Fannie Mae Refi
Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.
20 April 2018 16:52 -
Integra Land Starts Work on Suburban Charlotte Apartments
The Flats at Edgewater in Indian Land, S.C., includes 289 units, a sports bar, a theater room and a dog park. It is expected to be completed in late 2019.
05 April 2018 18:39