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Transactions - JUNE 17, 2022

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Stoneweg US adds 298 units to growing portfolio

by Released

Stoneweg US has acquired Amaze @ NoDa Apartments, a newly built, 298-unit multifamily community located in the NoDa submarket of Charlotte, N.C.

The class A property consists of two, four-story, elevator-serviced buildings constructed in 2020. Lavish unit designs boast chef-style kitchens, walk-in showers with subway-tile accents, stainless-steel appliances, and premiere vinyl flooring throughout. Resort-style amenities include a sky lounge with an outdoor bar area, a gaming section, fitness center, sizeable swimming pool furnished with cabanas and fire pit, vibrant signage, bark park, pet-spa area, and expansive green spaces.

“Amaze @ NoDa is a tremendous addition to our portfolio and a prime example of the quality and diversification we’ve pledged to our investors,” said Matthew Levy, head of investments for Stoneweg US. “The quality of the asset speaks for itself, and the market’s performance over the last several years reinforces its value for us.”

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