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Commercial Real Estate Direct Staff Report S2 Capital, which purchased the 352-unit Timber Creek apartment property in Charlotte, N.C., for $49 million, or $139,205/unit, funded its purchase with a $38.24 million loan from Benefit Street Partners. The Dallas investment manager ...
Charlotte Business Journal S2 Capital has paid $49 million, or about $139,205/unit, for the Timber Creek Apartment Homes, a 352-unit property in the Collingwood neighborhood of Charlotte, N.C. The Dallas company purchased the complex from Highland Capital Management, also of ...
Charlotte Business Journal Weidner Apartment Homes has bought Retreat at McAlpine Creek, a 400-unit apartment property in Charlotte, N.C., for $81.5 million, or $203,750/unit. The Kirkland, Wash., investor purchased the complex from Waterton of Chicago. Retreat at McAlpine Creek sits ...
Charlotte Business Journal TriBridge Residential has proposed adding more residential units to the site of the former Loray Mill in Gastonia, N.C., about 24 miles west of Charlotte, N.C. The Atlanta company had purchased the redeveloped textile mill last year ...
Charlotte Business Journal Solve Industrial Motion Group officially has moved into a recently completed 282,134-square-foot industrial property at 3945 Westinghouse Blvd. in Charlotte, N.C. The manufacturer of bearings and power transmission products is taking its space from Beacon Partners, a local ...
The property has been renamed MAA Optimist Park. It is 87 percent leased.
Charlotte Business Journal Eaton Vance Management has bought Presley Uptown, a 230-unit apartment property in Charlotte, N.C., for $65.8 million, or about $286,087/unit. The Boston company purchased the property from a venture of JLL Income Property Trust and Penler, which ...
Charlotte Business Journal Dominion has broken ground on Creekridge on the Park, a 150-unit apartment complex in Charlotte, N.C. The affordable-housing developer is building the property at 7800 Creekridge Road, between Monroe Road and Independence Boulevard. It will have a ...
Atlanta Business Chronicle Mid-America Apartment Communities has paid $107 million, or about $303,977/unit, for the 352-unit Alta Filament apartment property in the Optimist Park area of Charlotte, N.C. The Memphis, Tenn., apartment REIT bought the recently completed property from its ...
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