Charlotte
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.
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.
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.
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.
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.
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.
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.
MLA Properties Buys Charlotte-Area Apartments
The company’s first investment in the metro includes 260 recently completed Class A units situated 15 miles southwest of the city center.
Rincon Partners Enters Charlotte Market
Greystone provided a $13 million Fannie Mae loan for the acquisition of a 144-unit property that changed hands for more than $19 million.
Charlotte Affordable Housing Property Underway
Developed by the NRP Group, Platform Lofts is one of the first affordable housing communities located on a new extension of the city’s light-rail system.