Best Apartments

Proffitt Dixon to build apartments in Ballantyne

Charlotte-based apartment developer Proffitt Dixon is planning to build an apartment complex on vacant land adjacent to Toringdon, an office park in Ballantyne. According to preliminary plans filed with the city of Charlotte, the upscale apartments would be 245 units and include a parking deck. Records show the 3.5-acre site, near Interstate 485 and Johnston […]

$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County

Southwood Realty Company Inc., a privately owned property management company headquartered in Gastonia, N.C., has secured first mortgage refinancing of $16.5 million for The Village of Ballantyne—the company’s 240-unit multifamily property located in Gastonia. According to CoStar Group, Bill Matone—NorthMarq Capital’s Charlotte Regional Office senior vice president and managing director—arranged the 10-year-term loan, which has […]

He rescued a lost dog and found a little fame. Here’s what he’s doing with it.

Jason Gasparik was desperate to find a lost dog’s owner when he took to a busy Ballantyne intersection with the dog and a cardboard sign. His act of kindness went viral. (Eben Patten Photography via The Charlotte Observer) (Eben Patten Photography) CHARLOTTE, NC (Cristina Bolling/The Charlotte Observer) – Last month, much of Charlotte fell in […]

LOAN ZONE: Roundup of this week’s middle market loans

● BERKADIA $19M for Brooklyn midrise 240 MEEKER Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn. Senior managing director Stewart Campbell, of the firm’s Manhattan office, secured the financing on behalf 240 Meeker Avenue Corporation. The 10-year, permanent Fannie Mae loan features a 4.37 percent fixed interest rate […]

CalAtlantic Homes Unveils The Manor At Oakhaven, An Enclave Of 36 New Homesites In Charlotte’s Ballantyne Area

CHARLOTTE, N.C., April 28, 2017 /PRNewswire/ — CalAtlantic Homes, one of the nation’s largest homebuilders, today announced the debut of The Manor at Oakhaven, an intimate collection of 36 homesites in the prestigious Ballantyne area of Charlotte, NC. The Manor at Oakhaven offers six innovative new home designs to choose from and competitive pricing for […]

Breaking Down the Wedge in Charlotte

The city has grown accustomed to two distinct sides of its own face: a division between haves in south Charlotte and have-nots everywhere else. But the lines between the poor and rich parts of Charlotte are eroding, and the poor are trying to find places to live anywhere they can ONE, TWO, AND THREE AT […]