CHARLOTTE, NC – San Francisco-based real estate firm Hamilton Zanze (HZ) has bought the 377-unit Blu at Northline Apartments in Charlotte, North Carolina. This represents HZ’s first acquisition in North Carolina.
The community, built in 2018, is just northeast of Downtown Charlotte, which has become a headquarters hub for several Fortune 500 companies including Bank of America, Lowe’s, and Honeywell.
“Blu at Northline presented us a fantastic opportunity to buy a Class A asset in Charlotte, North Carolina,” said David Nelson, Hamilton Zanze’s chief transactions officer. “The property features a robust amenity package, a prime location in the University City submarket along the Lynx Blue Line and offers residents the quality of life provided by the city’s energetic urban core. As this is our first acquisition in North Carolina, we’re very excited to enter the Charlotte market and look forward to continued growth in the region.”
Blu at Northline was 95% occupied at buy. The community is located at 2508 April Liu Lane in the desirable UNC Charlotte submarket, approximately 15 minutes from Downtown Charlotte. The 377 units average 978 square feet with 12 different floor plans. Community amenities include a fitness center, yoga and spin studio, saltwater pool. Unit amenities include granite countertops, stainless steel appliances, walk-in closets, and washers and dryers in each unit.
HZ’s capital improvements will include site improvements, building repairs, amenity improvements, and mechanical, electrical, and plumbing improvements. Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.
The Kirkland Company’s North Carolina team, led by Dennis Harris, Matt Behr, and Austin Haney, arranged the sale. “We have been fortunate to work closely with Hamilton Zanze for years in Tennessee and various other states. Their reputation and track record speaks for itself, and our team is excited to see them enter the North Carolina market with this acquisition,” Harris said.

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ATLANTA, GA – Bell Partners Inc., one of the nation’s leading apartment investment and management companies, has bought Avery at Northwinds, an 800-unit apartment community in Alpharetta, Georgia, a suburb of Atlanta. The property, renamed to Bell Alpharetta, was bought on behalf of the firm’s Bell Value-Add Fund VII investors. The acquisition marks the 11th property owned or managed by Bell Partners in metro Atlanta.
Bell Alpharetta offers residents a premier suburban location with access to several employment and entertainment options. Alpharetta is home to more than 700 technology companies, with firms such as Apple, Salesforce and GE bringing more than 75,000 jobs to the area. Just 20 miles north of Atlanta, the property’s proximity to Highway 400 and US-19 further connects residents to major employment hubs.
The community is situated on Alpharetta’s Alpha Loop, a multi-use path providing residents convenient access to downtown Alpharetta and the surrounding area. Bell Alpharetta is adjacent to the west part of the three-mile inner loop, which features a greenway and recreation areas. The Alpha Loop also connects residents to several entertainment destinations, including Avalon, a mixed-use development offering several shopping and dining options as well as a premium movie theater, conference center and hotel.
“Bell Alpharetta is an exciting addition to the Bell Value-Add Fund VII portfolio. The community is located in one of the most desirable areas of Atlanta with fantastic schools, attractive lifestyle amenities, and convenient access to a growing set of employers,” said Nickolay Bochilio, EVP of Investments at Bell Partners. “Bell plans to perform upgrades to the property’s common areas and apartment interiors to improve the living experience for current and future residents.”
Built in 1998, the community features a mix of one-, two- and three-bedroom units with amenities including a pool, gym and community room.

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CHARLESTON, SC – West Shore LLC, a multifamily real estate investment firm, has bought 17 South Apartments in Charleston, South Carolina. Ramping up a strategic expansion effort, 17 South Apartments is the firm’s first investment in Charleston and its fifth in South Carolina. West Shore’s owns and operates a diversified national multifamily portfolio of over 10,700 units throughout the United States.
“We are excited to enter the Charleston market with 17 South Apartments,” said Steven P. Rosenthal, Chairman of West Shore. “This deal is emblematic of our strategy of acquiring high-quality assets in dynamic markets. Charleston has rent growth, an energetic economy, and strong employment opportunities, setting 17 South Apartments up for long-term success.”
The multifamily community is made up of 220 studio, one, and two bedroom units. The luxury property is located in the desirable West Ashley neighborhood, a supremely well-positioned submarket in Charleston that provides high-end living close to downtown and major employers. Located at 105 Ivy Green Way, the best-in-class community was designed to provide residents with modern, upscale, and energy efficient apartment homes. The property features an abundance of sophisticated resort-style amenities including recreational areas, a fitness center with spin bikes, a modern clubhouse, and an expansive swimming pool with a cabana and lounge ledge. The units are equipped with gourmet, chef-inspired kitchens, upgraded stainless steel appliances, quartz waterfall countertop islands, subway backsplash tile, and hardwood-style flooring.
“Between its location, demographics, and building quality, the 17 South Apartments asset fits perfectly with our growing portfolio,” said West Shore President, Lee Rosenthal. “Our success in Columbia, South Carolina, and the continued growth in Charleston, makes us confident about expanding to this exciting market.”

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