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Charlotte’s apartment sales now top $2.4 billion

Charlotte’s residential apartment sales have been booming

Will Charlotte break last year’s $2.8 billion record in apartment sales?

Basic mathematical increase in market sales prices-

  • 570-unit Cascades purchased 2015 for $86.65 million
  • 570-unit Cascades re purchased 2019 for $109.6 million
  • Property increase in 3 years of $22.95 million

The sales forecast is looking to remain strong with big hitters like Goldman Sachs and Starwood Real Estate Income Trust joining the city’s scene.

https://product.costar.com/home/news/shared/883514352?utm_source=costar&utm_medium=email&utm_campaign=1&utm_content=p6

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