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Atlanta & Southeast  + Carolinas + Charlotte  + Apartments  |  August 29, 2023
Trilogy Investment Company and Pinnacle Partners are delivering their second joint Opportunity Zone build-to-rent community project.
Angela Noote
By: Angela Noote

Trilogy, Pinnacle Expedite Multifamily in Charlotte OZ

Trilogy Investment Company and Pinnacle Partners are delivering their second joint Opportunity Zone build-to-rent community project. The North Davidson (NoDa) project brings the organizations’ best-in-class development capabilities in a strong location to expedite construction of market-driven housing solutions. 

Targeting Opportunity Zone projects in Charlotte, Trilogy purchased the NoDa project from Pulte Homes in partnership with Pinnacle during construction. Pulte Homes remains engaged as the construction manager to deliver NoDa with a variety of floor plans and community amenities that would otherwise be inaccessible to target demographics at current market costs. Pulte Homes will complete construction of the 68-home community in phases from Q3 2023 through 2024.

Trilogy and Pinnacle’s mid-construction acquisition of NoDa eliminates construction risk while capitalizing on exceptional tax advantages for Qualified Opportunity Zone project compliance.

NoDa is the fourth project in Pinnacle Partners’ Opportunity Zone Fund VIII, a portfolio of multi-family projects in key growth markets. 

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Inside The Story

Trilogy Investment GroupPinnacle Partners

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.
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