GMH Communities (GMH), in partnership with AEW Capital Management (AEW), completed land acquisition for the development of a 20-story, 382-unit luxury residential mixed-use tower, ANOVA The Pearl, located within The Pearl innovation district in Charlotte, North Carolina. The property is anticipated to open for occupancy in Summer 2028.
Located at the intersection of South McDowell Street and Pearl Park Way, ANOVA The Pearl will encompass 1.3 acres within The Pearl and feature luxury residential accommodations, along with 6,621 square feet of ground-floor retail space. Of the 382 units, 5% will be reserved for affordable housing. Residents will have access to an extensive amenity package, including a fitness center, clubhouse, golf simulator and wellness-focused sauna and cryotherapy chambers.
On its website, AEW says it has over 800 clients globally, with $85.5 billion in assets under management across all property types in North America, Europe, and Asia-Pacific.
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton and senior investment anaylst...
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