Multifamily news in Market Rate Housing - Charlotte
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Crescent Communities Launches SFR Brand
The developer will start with as many as 200 new residences in each of four markets.
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Top 5 Southeast Markets for Multifamily Transactions in 2020
Despite investment volume dropping 16.6 percent from 2019, the region appears to be weathering the economic turmoil.
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Harbor Group International Acquires Portfolio for $306M
The communities comprise more than 2,300 units in North Carolina and Virginia.
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Blaze Partners, Argosy to Convert Charlotte Hotel to Apartments
The firms acquired an extended stay hotel that will be repurposed into a market-rate multifamily community.
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Eller Capital Returns to Charlotte With $22M Buy
PGIM Real Estate sold the 140-unit community after picking it up in 2007.
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S2 Capital Buys Charlotte Community for $19M
The new ownership's $3 million rebranding plan will include interior and exterior upgrades of the 176-unit community.
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FriedLam Partners Acquires 6 Southeast Properties
Cushman & Wakefield represented the two sellers whose combined portfolio in Georgia and North Carolina totaled 872 units.
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Morgan Properties Buys $323M Carolinas Portfolio
The firm has more than doubled its unit count in the two states by picking up 18 communities.
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RADCO Sells 7 Properties for $316M
The firm sold the apartment communities in four separate deals, all closing on the same day.
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Capstone Facilitates $37M Charlotte-Area Sale
Austin Green, Alex McDermott, Rhodes Marley and Brian Ford represented the seller and procured the buyer of the 423-unit community in Gastonia, N.C.
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Panorama Holdings Lands $45M Loan for Charlotte Project
The loan will go towards the construction of a 314-unit community near the University of North Carolina at Charlotte.
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Dasmen Residential Sells Charlotte Community for $48M
The new owner financed the acquisition of the 341-unit property with three loans totaling $42 million.
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RKW Residential Adds 5 Communities to Management Portfolio
The properties total more than 1,500 units and are located in North Carolina and Florida.
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Terwilliger Pappas Sells Southwest Charlotte Community for $44M
The newly completed 230-unit Solis Keltonwood at Berewick is roughly 15 miles southeast of downtown.
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IMG Expands North Carolina Portfolio with $94M Buy
The firm has expanded its holdings in South Charlotte with the purchase of Whitehall Estates and Stone Ridge Apartments.