Bell Partners has acquired Riverbend Apartments, a 266-unit apartment community located in Charlotte, N.C.
The property, acquired on behalf of the firm’s Fund VII investors, will be renamed Bell Riverbend Village and marks the 80th community managed by Bell Partners in its home state of North Carolina.
Bell Riverbend Village’s location offers residents a balance of connectivity, walkability and proximity to employment and entertainment centers. The community is embedded within Charlotte’s Riverbend Village, a mixed-use development featuring 185,000 square feet of retail space and 370,000 square feet of office space. The development also houses major employers in the area, including Corning Optical Communications’ headquarters and Novant Health’s planned 250,000-square-foot medical campus, which will feature a full-service hospital and several medical office buildings.
Bell Riverbend Village is adjacent to convenient transportation options,