Charlotte
Robbins Electra Snaps Up Charlotte Community
Pavilion Crossing, which will be rebranded as Grand Reserve at Pavilion, includes 408 units. The property is currently 95 percent occupied.
NC Community Changes Hands for $21M
Represented by Colliers International, CORE Realty Holdings Management sold the 483-unit Hidden Lakes Apartments to Living Well Homes. Built in 1974, the property provides a value-add opportunity for the buyer.
RKW Residential Expands NC Footprint
The property management company has taken over management of Wesley Village, a 301-unit community near uptown Charlotte, N.C. Bluerock Real Estate owns the property.
Monument Real Estate Services Promotes Jaime Rauscher to COO
Rauscher used to serve the Miami-based company as vice president of operations. She will be based in Charlotte, N.C.
TriBridge Residential Lands Fourth Charlotte Property
The Atlanta-based company acquired Morehead West Apartments, a 211-unit North Carolina community, for $31 million. The property includes a 5,600-square-foot commercial space.
REIT Nabs $57M NC Community
Bluerock Residential Growth REIT acquired Wesley Village, a 301-unit property in Charlotte that the company plans to upgrade. The transaction was made possible through the assumption of a $41 million Freddie Mac loan.
Rivergate KW Residential Grows Carolinas Team
Jennifer Ipock will oversee operations for a portfolio of communities throughout the Carolinas.
2 Charlotte Communities Trade Hands
Gamma Real Estate acquired the 252-unit Whitehall Estates and the 318-unit Stone Ridge.
Henderson Properties Handles Sale of 61-Unit Property
Members of the Coroneos family acquired the Monroe community for $1.2 million.
HFF Secures Financing for 302-Unit NC Project
HFF has put joint venture equity and construction financing in place for a six-story luxury development project in Uptown Charlotte.