Crescent Communities is hoping to get final approvals from Mecklenburg County to build a 31- story high-rise at 1102 S. Tryon St. in South End. The company took out permits with the county totaling $126.3 million. The Charlotte Business Journal…
Vista Residential Partners obtained a $43.6 million construction loan to build a 320-unit apartment complex in Charlotte, at 8011 Krenfeld Dr. A JLL Capital Market’s Debt Advisory team led by Matthew Schoenfeldt, secured the three-year, non-recourse floating-rate construction loan through…
An apartment complex off George W. Liles Parkway in Concord changed hands in a recent sale. Tower Place Apartments sold for $22.3 million. The buyer was Silverado Interests. The 128-unit complex was sold by GVA. The Charlotte Business Journal report…
J.B. Hunt Transport bought 34 acres at 8329 OId Dowd Road, near the Charlotte airport, from Strategic Real Estate Partners for $10.75 million. The Charlotte Business Journal reports that Strategic may be planning to develop a 260,000-square-foot industrial building at…
Crosland Southeast has been chosen by the Charlotte Douglas International Airport to move forward on a deal to develop the city-owned Destination District Central property. Destination District Central spans nearly 40 acres at Wilkinson Boulevard and North Josh Birmingham Parkway….
Northmarq secured a $55 million refinance of Lincoln at Dilworth, a 379-unit multifamily property in Charlotte, North Carolina. Built in 2018 and located at 905 Kenilworth Ave., Lincoln at Dilworth is conveniently located near Uptown Charlotte. The property boasts close…
The Charlotte City Council approved spending an additional $11.3 million to close the final funding gap for a sports and recreation center where a nonperforming mall used to be. To go along with last year’s allocation of $30 million, Eastland Yards has…
Space Craft and Swinerton are joining forces on Cordo, a 287-unit apartment project in the Optimist Park area of Charlotte. The project at 515 Parkwood Ave., will include eight buildings and nearly 3,000 square feet of ground-floor retail. The Atlanta…
Abacus Capital, JE Dunn Capital Partners and L&B Realty Advisors have teamed up on The Campbell, a 12-story, 117-unit building at the former Campbell’s Greenhouses & Nursery site. The complex at 209 McDonald Ave., which will open later this month,…
A joint venture team made up of SYNCO Properties and Schlosser Development obtained an $80.8 refinancing for The Colony Southpark, a recently completed 340-unit multifamily community in Charlotte. Nate Sittema, Kristen Reilley, and Ben Hardee with CBRE Capital Markets’ Debt…
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