Charlotte
PRG Group Buys Luxury Charlotte Community for $49M
The Miller-Valentine Group finished work on the 280-unit property in late 2017, following a year and a half of construction.
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.
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.
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.
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.
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.
Charlotte’s Job Gains Sustain Rent Growth
Robust demographic expansion and steady employment growth continue to spur demand for multifamily product in the metro.
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.
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.
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.