Charlotte
Concord Apartments, Retail Okayed by Town Council
Besides approving the project which will permit Hood Ventures to build a 210-unit multifamily community, the Concord City Council approved… Read more
First Project Completed at Former Eastland Mall Site
The old Eastland Mall is now called Eastland Yards, and the developer, Crosland Southeast, has delivered its first project. Evoke… Read more
Waxhaw Mixed-Use Project Attracts Anchor Tenant
The Shops at Prescot Village is an 83,000-square-foot neighborhood shopping center in Waxhaw. The Widewaters Group is developing the 100-acre,… Read more
Fallon Company Breaks Ground on $100M Charlotte Apartments
The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte.… Read more
Chicago/Midwest People & Company News, week of November 15, 2024
The Opus Group announced the promotions of Paul Robertson and Mike Robinson to vice president of real estate development in… Read more
$260M Secured for MF Portfolio with Portland Property
BWE has secured a $260 million loan to refinance a portfolio of six multifamily properties, including the Victory Flats apartment… Read more
Charlotte Office Complex Trades for $328.5M
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real… Read more
MAA Sells Charlotte Apartments for $41.8M
MAA sold the 216-unit South Tryon Apartments in Charlotte for $41.8 million. The buyer was McDowell Properties. Northmarq’s team of … Read more
Hospitality Bears the Brunt of Hurricane Helene’s Devastation
Hurricane Helene made landfall in Florida’s Big Bend area as a category 4 storm on Sept. 26, 2024. But the… Read more
Crescent Moving Forward on 31-Story Charlotte Tower
Crescent Communities is hoping to get final approvals from Mecklenburg County to build a 31- story high-rise at 1102 S.… Read more
Pinnacle Partners Raises $90M for Multi-Asset Opportunity Zone Fund
Real Estate investment management firm Pinnacle Partners announced the closure of its twelfth Qualified Opportunity Zone Fund (QOF), securing $90… Read more
Development Team Revamping Historic Charlotte-Area Hotel
The developers behind the Empire Hotel are embarking on a $25 million remake of the building. The project calls for… Read more
Brookhill Village Developers Looking at Mixed-Use Project
A development team of Griffin Brothers Property Services and Quore Real Estate Advisors is trying to get the city of… Read more
Charlotte Multifamily Developer Inks $43.6M Construction Loan
Vista Residential Partners obtained a $43.6 million construction loan to build a 320-unit apartment complex in Charlotte at 8011 Krenfeld… Read more
Racing Notables Building Concord Speedway Venture
Charlotte citizens are huge car racing enthusiasts. The Charlotte Motor Speedway is home to one of NASCAR’s premier events, and… Read more
Charlotte Apartment Asset Flips for $22.3M
An apartment complex off George W. Liles Parkway in Concord changed hands in a recent sale. Tower Place Apartments sold… Read more
Shipping Company Buys Charlotte Airport Industrial Parcel
J.B. Hunt Transport bought 34 acres at 8329 OId Dowd Road, near the Charlotte airport, from Strategic Real Estate Partners… Read more