Capstone Brokers $41 Million Sale of Class A Charlotte Area Apartment Community

CHARLOTTE, NC—Capstone Apartment Partners has brokered the $41 million sale of Lodges at Lake Wylie: a Class A, new construction apartment asset in the Charlotte suburb of Lake Wylie. In addition to the existing 245 units, the purchase included an adjacent parcel of land already zoned to support 114 additional...

Capstone Closes $146 Million Sale of 1,120-Unit Class A Apartment Portfolio in South Carolina

CHARLOTTE, NC—Capstone Apartment Partners has arranged the $146 million sale of a four-property Class A apartment portfolio in South Carolina. The 1,120-unit portfolio transaction consists of four apartment communities: Ardmore at the Park, Ardmore Howell Road, Ardmore New River, and Ardmore Ballentine. All four properties had existing loans in place...