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Atlanta & Southeast  + Southeast  + Apartments  |  November 3, 2020
David Cohen
By: David Cohen

Greystar Acquires 660-Unit MF Portfolio in Charlotte

JLL has arranged the sale of Barrington Place and Waterlynn Ridge, two multifamily properties in Charlotte. The properties consist of a total of 660 units. Andrea Howard, John Currin, Allan Lynch, Caylor Mark and Jeff Glenn of JLL represented the seller, Waypoint Real Estate Investments, in the transaction. The buyer was Greystar.

Barrington Place is located at 2410 Allerton Way in the University City submarket of Charlotte while Waterlynn Ridge is situated at 123 Waterlynn Ridge Road, 25 miles north of Charlotte in the Lake Norman community of Mooresville.

“The successful sale of Barrington Place and Waterlynn Ridge, during an unprecedented time of market uncertainty given the global pandemic, speaks to the confidence investors have in the Charlotte growth story,” said Howard.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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