CHARLOTTE, NC – Wood Partners, a national leader in multifamily real estate development, announced the official grand opening of its newest luxury residential community in Charlotte, North Carolina, Alta Filament, named after the site’s history in manufacturing lightbulbs.
Located at 525 E 21st Street in the city’s burgeoning North Davidson neighborhood (NoDa), Alta Filament offers residents simple access to the area’s growing list of local shops, restaurants, and nightlife options just a small walk from the property. The property also puts residents just steps away from the well loved Charlotte Greenway Trail and 21-acre Cordelia Park, as well as the Blue Line and Optimist Food Hall all within minutes of the city’s Uptown district. In addition, Alta Filament’s prime location in NoDa offers residents direct access to several of Charlotte’s top employers within minutes of the property including Carolinas Healthcare System, Wells Fargo, Bank of America, Novant Health and Duke Energy.
“We are excited to bring a new level of luxury living to the Charlotte area as we officially turn the lights on to our newest apartment community, Alta Filament,” said Carter Siegel, Executive Managing Director for Wood Partners. “As our third property in the thriving NoDa submarket, we look forward to serving as a right partner for this unique Charlotte community as we welcome new residents to Alta Filament and the Wood Partners family.”
Alta Filament offers 352 apartment homes complete with one-, two- and three-bedroom floor plans, as well as 22 townhomes with private exterior entrances. The building’s design evokes an industrial, warehouse aesthetic harkening back to the site’s manufacturing history, and provides a sophisticated, urban feel with brick walls and straight lines throughout the property. Each home features sophisticated urban accents and high-end finishes including luxurious kitchens complete with white quartz countertops, classic white subway tile backsplash, frameless two-tone custom cabinetry, brushed nickel hardware, and stainless-steel GE appliances. Additional home features include contemporary regency grey wide-plank flooring, front-load washer and dryer sets, wood blinds and private patios, as well as built-in desks and drop stations in select homes.
Truly setting Alta Filament apart from the surrounding market is the community’s wide range of best-in-class amenities. Throughout the property, residents have access to a resort-style pool with cabanas and retractable canopies, an outdoor courtyard with hammocks, an outdoor kitchen, BBQ stations and firepits, a pet wash area, and a do-it-yourself bike repair shop. Inside the community club house, residents can delight in the 24-hour fitness club with an attached outdoor body sculpt lawn, a fully equipped podcast studio, high-tech conference and multimedia rooms, the Exchange Club co-workspace and much more.

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MIAMI, FL – GID, a real estate owner and fiduciary that invests in multiple asset classes, has announced the acquisition of Advenir at Biscayne Shores, a garden-style community located in Miami, FL that will be rebranded as Windsor Biscayne Shores.
The 240-unit community features resort-style amenities, such as a clubhouse, pool, fitness center, playground, grilling areas, and dog park. Located across the Broad Causeway (123rd Street) from the Haulover Inlet and Beach Park, which provides residents with public beach access directly on the Atlantic within a 15-minute drive, the community provides walking access to Whole Foods Market, LA Fitness, Walgreens, Home Depot, and Starbucks.
GID plans to renovate the community and transform the resident experience through an updated fitness center, repainted exteriors and interiors, refreshed clubhouse and leasing center, and refurbishing the remaining residences with modern finishes.
GID is a leading real estate investment and management firm that operates a diverse portfolio of multifamily, industrial, and mixed-use developments across the United States. With over 60 years of experience across multiple asset classes, GID is an established real estate private equity investor and fiduciary supported by an integrated operating platform with approximately 53,000 multifamily units and over 27M square feet of industrial and commercial space of assets under management.

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PHILADELPHIA, PA – Greystar and FCP announce the new riverfront Edgewater Phase II apartment community will wrap construction in the second quarter of 2023. The community was built using modular construction, which is a new method that is more sustainable with less material waste, energy consumption, and carbon footprint than conventional construction methods.
Additionally, modular construction results in better quality than conventional construction by providing: Superior acoustics due to the dual layer walls and ceiling/floors; Improved quality of finished apartment homes due to manufacturing in a controlled environment with integrated quality control; Better plumbing and mechanical systems that are more energy efficient.
“We’re excited for the completion of Edgewater Phase II,” said Nick Fontaine, Director of Real Estate at Greystar. “This community has a fantastic amenity package and an incredible riverfront location that is also minutes from the best restaurants, entertainment, shopping and culture that the city has to offer. It is a place that residents are going to like.”
“FCP is thrilled to enter the last phase of construction for Edgewater II, a modern and welcoming addition to the Edgewater community,” said FCP’s Ross Magette, Vice President of Development Management. “Utilizing a well-established and proven modular technology, residents in this building will delight in quieter living in a high-quality building knowing that their homes were built with a minimal carbon footprint. Construction completion will represent the culmination of several years of work on this project with Alterra Property Group (APG), who led the sourcing of the modules and the execution of the construction. APG has been a longtime partner with FCP on several projects and we are excited to bring another one to fruition.”
Edgewater Phase II has 180 apartment homes available in studio, one- and two-bedroom floorplans that range from 435-1035 square feet with rents starting at $1,700 a month. Apartments feature an in-unit washer and dryer, dishwasher, quartz countertops, under-cabinet lighting, a tile backsplash, ample built-in storage/media cabinet, and an integral light vanity mirror.
Community amenities include a fitness center and yoga studio, courtyard pool, co-working lounge, billiards room, package locker, outdoor grill and lounge area, roof deck, business center, dog park, and a residence lounge with Wi-Fi. Edgewater Phase II has direct access to the Schuylkill River Trail which offers a variety of recreational opportunities and scenic vantage points.

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