Charlotte
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.
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.
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.
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.
American Landmark Welcomes New EVP
Pip Cornish brings more than 20 years of experience to the new role, where he will oversee property management for the company’s portfolio in three states.
Passco Nabs NC Community for $57M
The Asheville Exchange acquisition marks the company’s first foray into the emerging Asheville, N.C. market.
SmartStop Affiliate Closes Equity Raising for Student Housing Portfolio
The Power 5 Conference Student Housing I DST comprises YOUnion @ Columbia, a 760-bed community, and YOUnion @ Ann Harbor, a 345-bed property.
Geller Associates Buys $23M Charlotte Apartments
Hunt Real Estate Capital provided a $18.3 million Fannie Mae DUS loan to finance the acquisition of Fields at Archdale, a 243-unit garden-style community.
CBRE Facilitates $14M Loan for Recently Built NC Community
Kristen Reilley and Nate Sittema led capital markets efforts to secure a 10-year, fixed-rate acquisition financing for Beaucatcher Flats in Asheville.
CBRE Secures $33M Acquisition Loan for SC Community
Vice Presidents Nate Sittema and Kristen Reilley represented the buyer in the transaction. The Apartments at Brayden is a recently built asset southeast of Charlotte, N.C.