
Connor Group Adds to NC Multifamily Portfolio
The Connor Group has closed on The Alcove at Birkdale Village (formerly Redcliffe at Kenton Place), a 314-unit luxury apartment community near Lake Norman. The purchase price was not disclosed.
“Acquisitions are a significant part of our investment strategy, regardless of market conditions,” said Connor Group CEO Bob Lloyd. “Rising interest rates may be slowing investments, but we remain disciplined in our approach and will continue to utilize our investment conviction, market knowledge, and operational excellence to identify opportunities that enable us to achieve consistent, unprecedented returns for our investors.”
The purchase of The Alcove at Birkdale Village adds a third property in the Charlotte submarket for The Connor Group, joining Elizabeth Station and Greenway at Mallard Creek.
The community offers one-, two- and three-bedroom garden-style apartment homes within walking distance of Birkdale Village shops, and is located 25 minutes from downtown Charlotte.
- ◦Sale/Acquisition