Multifamily news in Charlotte
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Charlotte-Area Community Secures $20M Financing
The 162-unit mixed-use property is located in a walkable area near downtown Davidson, N.C., and was completed in 2016. An HFF team arranged the acquisition financing.
15 January 2019 14:22 -
JLL Negotiates Historic NC Multifamily Deal
The firm worked on behalf of Novare Group to handle the $200 million sale of a two-tower community encompassing 672 units in Charlotte’s coveted Fourth Ward Uptown district.
14 January 2019 13:20 -
Somerset Partners Buys Charlotte Community
The 155-unit multifamily asset changed hands for more than $15 million, with Capital Bank providing the buyer with $11.6 million in acquisition financing.
11 January 2019 14:24 -
Waterton Purchases NC Portfolio for $169M
The properties include Ashford Green and The Retreat at McAlpine Creek in Charlotte, Atria at Crabtree Valley in Raleigh, and Audubon Parc in Cary.
11 January 2019 09:17 -
American Landmark Acquires Majority Stake in NC Community
The 309-unit building, located five minutes from the UNC Charlotte campus, marks the firm’s eighth acquisition in Charlotte and 12th in the state.
04 January 2019 15:13 -
Charlotte’s Job Gains Sustain Rent Growth
Robust demographic expansion and steady employment growth continue to spur demand for multifamily product in the metro.
21 December 2018 14:04 -
American Landmark Expands NC Portfolio
Together with its equity partner, Electra America, the firm has been buying apartment communities across the Southeast and Southwest this year, adding $1.5 billion in assets and more than 10,000 apartment units.
19 December 2018 19:15 -
NC Assets Change Hands for $129M
Las Properties/Lantower Residential acquired Solis Waverly, while Continental Realty Corp. bought Solis Ballantyne. Located in Charlotte, N.C., the 375- and 194-unit communities were both completed in 2016.
19 December 2018 15:28 -
JV Secures $49M for 5 South Carolina Properties
Arbor Realty Trust arranged the financing on behalf of Friedlam Partners and EBEX Holdings for the portfolio, which comprises more than 775 units.
19 December 2018 15:22 -
Lantower Acquires Charlotte Community
Rebranded as Lantower Waverly, the 375-unit community in Ballantyne features amenities such as a saltwater pool, game tables and a clubroom.
14 December 2018 14:23 -
Signet Real Estate Sells NC Student Housing Community
FourPoint Student Housing Investments represented the seller in its disposition of Deacon Place, an 82-unit property in Winston-Salem, serving Wake Forest University students.
06 December 2018 17:10 -
318-Unit Charlotte Community Changes Hands
American Landmark is the new owner of The Oaks, a garden-style property built in 1996. The acquisition marks the company’s sixth purchase in the metro.
29 November 2018 14:32 -
Charlotte Community Receives $22M Fannie Mae Loan
Arbor Realty Trust funded the DUS loan for Pressley South End Apartments, a 44-building asset in the southwestern part of the metro.
28 November 2018 13:35 -
Inclusion: The Key Ingredient in Charlotte’s River District
Laurel Street will build an affordable housing community—on land donated by Crescent Communities—within the metro’s largest current mixed-use project. The two local companies reveal details of their collaboration in an interview with MHN.
26 November 2018 13:14 -
Timbers Resorts Opens Luxury Residence Club on Kiawah Island
The $75 million Timbers Kiawah – Ocean Club & Residences is the South Carolina island’s first new residential oceanfront development in more than 30 years.
23 November 2018 16:16