Broad Creek Spends $94M on Charlotte Value-Add Apartments

Broad Creek Spends $94M on Charlotte Value-Add Apartments
News| November 17, 2025| Mike Boyd
Atlanta & Southeast + Apartment Buildings

Broad Creek Capital (“BCC”) bought its first apartment property as part of its new value-add fund. The company closed the BCC MAF I, a private-markets investment firm focused on U.S. real estate assets with a target of $150 million in total capital commitments.

BCC MAF I completed the off-market acquisition of Loft One35, a 298-unit multifamily community in Charlotte, North Carolina, for $94 million. The acquisition aligns with the fund’s focus on high-growth markets and value creation through operational improvements, targeted renovations, and upgrades. 

BCC MAF I will invest with a focus on the Southeast and broader Sun Belt.

Since 2020, Broad Creek Capital has acquired more than 3,800 multifamily units and now manages over $500 million in assets, with a focus on modernizing well-located, attainable rental communities that serve the U.S. workforce. 

Attend Connect Southeast Multifamily on December 4th in Key Biscayne when the market experts share the playbook for where capital is moving next, and how the region’s power players are positioning themselves to stay ahead of the national curve. Be there to explore the opportunities, challenges, trends, and the future outlook for the multifamily landscape throughout Florida and the Southeast. www.ConnectSEMF2025.com

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