Charlotte
Ginkgo Pays $40.75M for East Charlotte Apartment Complex
Ginkgo Residential paid $40.75 million for The Kelston, a 310-unit rental community, located at 1207 Kelston Place. Built in 1986,… Read more
Northwood Ravin Adding More Apartments to Ballantyne Corporate Park
Northwood Ravin has plans for a multifamily tower and ground-floor retail space at 14180 Stream Way in Charlotte, marking the… Read more
Blackstone Adds to Charlotte-Area Industrial Portfolio
Blackstone Inc. (NYSE: BX) acquired a 168,480-square-foot building in Huntersville for $24 million. The Charlotte Business Journal reports the building, which… Read more
Charlotte Apartment Developer Obtains $70.5M Refi
RXR originated a $70.5 million loan to refinance Adler Montford Park, a newly delivered luxury multifamily development located in the… Read more
Industry Veterans Outline Post-Pandemic Leasing Strategies at Connect Retail West 2025
During the second of four panels at Connect Retail West 2025 in Los Angeles, Retail Leasing Trends: Unblocking Value in… Read more
Maersk Moving US HQ, 520 Workers to Charlotte
Logistics company Maersk has selected Charlotte as its official North American headquarters, relocating from its New Jersey location. Maersk will… Read more
Construction Underway on $340M Huntersville Mixed-Use Project
Treenail Development recently broke ground on Town1, a $340 million development in Huntersville. The Charlotte Business Journal reports Town 1 will… Read more
Highwoods Pays $223M for Charlotte Office Tower
Highwoods Properties, Inc. (NYSE:HIW) acquired 6Hundred at Legacy Union, a 24-story, Class AA office tower located in Charlotte’s Uptown District,… Read more
Broad Creek Spends $94M on Charlotte Value-Add Apartments
Broad Creek Capital (“BCC”) bought its first apartment property as part of its new value-add fund. The company closed the BCC… Read more
Broad Creek Capital Announces First Close of $150M Multifamily Fund
Broad Creek Capital, a private-markets investment firm focused on U.S. real assets, announced the first close of BCC Multifamily Advantage… Read more
Swinerton Tops Out $111M Charlotte Mass Timber Venture
Swinerton Builders reached the top of Cordo, an $111 million mass timber multifamily development in Charlotte’s Optimist Park. The hybrid-structure… Read more
CIP, Almanac Refi Shallow-Bay Industrial Portfolio for $820M
CIP Real Estate has closed on an $820-million loan refinance for a national portfolio comprising 42 shallow-bay industrial properties totaling… Read more
Penzance Expands Industrial Portfolio With South Carolina Acquisition
Washington, D.C.-based Penzance has acquired Southgate 77, a 220,000-square-foot Class A industrial warehouse in Rock Hill, South Carolina, within the… Read more
Ares Lands $69.4M Loan to Convert Old Charlotte School into Rental Community
A fund managed by Ares Management secured a $69.4 million construction loan so it can start work transforming a former… Read more
Blackstone Affiliate Trades Charlotte Apartments for $58.8M
Blackstone affiliate LivCor sold Tryon Farms Apartments for $58.8 million. The property at 15120 Wylie Way was acquired by GSL… Read more
Charlotte-Area Developer Planning 222 Cottage-Style Rental Homes
HMF Americana is developing a build-to-rent community in Stallings, which will feature 222 cottage-style rental homes and 30,000 square feet… Read more
Lender Pays $158.8M for Charlotte Office Project
A REIT overseen by Mesa West Capital acquired The Towers at SouthPark in a foreclosure sale for $158.8 million. It… Read more
Food Lion Wraps Up $484M Carolinas Store Improvements
With a $484 million capital investment, Food Lion remodeled 153 stores throughout the greater Charlotte designated market area (DMA), which includes… Read more
Charlotte-Area Investors Tap BWE for $37.75M Acquisition Loan
BWE secured $37.75 million to finance the acquisition of Graces Reserve Apartments, a three-story garden-style apartment complex in Kannapolis, North… Read more