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Investors - MAY 2, 2023

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The Milestone Group announces opening of residential units in Charlotte

by RELEASED

The Milestone Group has completed construction on the second phase of Courtney Ridge Apartments in Charlotte, N.C., delivering an additional 180 class A residential units across seven new garden-style apartment buildings. Located in the Lower South End neighborhood, delivery of Phase II represents a 13-acre expansion of the existing 280-unit Courtney Ridge property Milestone acquired in 2018.

“This project demonstrates our ability to adapt to changing environments through building a residential community that is not only attractive but also one that caters to the evolving preferences and needs of tenants,” said Michael Sauer, vice president, asset management, at The Milestone Group. “The project began construction one year after the beginning of the COVID-19 pandemic, providing us with a unique opportunity to incorporate features that seek to meet the current and future needs of tenants. These features include thoughtful design provisions and amenities that cater to t

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