Abacus Capital and Partners Set to Deliver Elevated Living in Charlotte’s South End with The Campbell Boutique Multifamily Community

CHARLOTTE, NC – The Campbell, a 12-tale, 117-unit boutique multifamily community in the heart of Charlotte’s South End and adjacent to the charming Dilworth neighborhood, announced that it is now pre-leasing units with go-ins starting this month. Abacus Capital developed the project in partnership with JE Dunn Capital Partners and L&B Realty Advisors. Upon delivery, The Campbell will be professionally managed by Greystar.
“We’re very excited to start pre-leasing at The Campbell,”Mason Ellerbe, a Partner at Abacus Capital said. “The boutique scale, unimpeded city views, designer finishes and unique and highly walkable location on the Dilworth side of South End will set this project apart from the multifamily stock that has historically been built in the submarket.”
The Campbell’s residences will be differentiated from the rest of the South End rental submarket by the generous size of its units, averaging nearly 1,200 SF, roughly 50% larger than the “typical” South End apartment.
With one-, two- and three-bedroom floorplans that range from 746 SF to 1,718 SF The Campbell is designed to cater to the city’s most discerning renters. Designer finishes include chef’s kitchens equipped with gas stoves, floor-to-ceiling windows, custom walk-in closets and smart technology throughout. Built-in wine fridges and expansive balcony terraces will be a standard feature in the majority of The Campbell’s residences. The parking garage will occupy floors one through four with apartments across floors five through twelve. Bordered by the Dilworth neighborhood and surrounding low-rise buildings, every apartment will have a sweeping view above the city’s well-known tree canopy.
A sky terrace on the twelfth floor with city skyline views is the highlight of the community amenities. Others include a state-of-the-art fitness center, resident lounge with golf simulator and catering kitchen, private co-working spaces with a reservable conference room, dedicated parking garage with gated access, dog spa and bike room as well as onsite retail.
The Campbell will boast a Walk Score of 96. The community provides convenient access to local retail and transportation options, with Publix located 0.1 miles away and the East-West Lynx Light Rail station 0.25 miles away.
Wes McAdams, managing partner at Abacus Capital, said, “We intentionally positioned the project to appeal to a more discerning renter cohort than the average South End apartment building. With the best retail and restaurants in South End at Atherton Mill and the Design District out The Campbell’s front door, and the historic Dilworth neighborhood’s tree-lined streets out its back door, future residents should be able to delight in all the benefits of elevated city living,” he said.
The Campbell was developed on the historical site of Campbell’s Greenhouses, a beloved plant nursery that supplied residents of the city with gorgeous orchids for decades before selling in late 2022 to make way for Abacus’ high-rise apartment project by the same name. Residents can expect to see subtle nods to the site’s botanical history in The Campbell’s custom art and curated interior design throughout the project.

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Gray Capital Completes Acquisition of 384-Unit Solana at The Crossing Apartment Community in Indianapolis’ High Demand Northside

INDIANAPOLIS, IN – Gray Capital announced the acquisition of Solana at the Crossing, a 384-unit class A apartment community built in 2014 and located on the northside of Indianapolis, Indiana.
Solana is Gray Capital’s eleventh apartment asset in the Indianapolis area. With three full-cycle multifamily investment projects completed in the Indianapolis area that have delivered exceptional returns for investors as well as seven active investments in the city and its surrounding suburbs, Gray Capital’s experience and success within its home market is a large part of the success of the company.
“Indianapolis is home base for Gray Capital. There is no market we know better or have greater passion for than Indy. For us to be able to buy a gorgeous, well-located property, like Solana, is the fulfillment of many years of hard work and dedication from the Gray team. We’re thrilled elevate Solana to the premier waterfront lifestyle asset on the north side of Indy,” said Spencer Gray, President and CEO of Gray Capital.
Solana at the Crossing is Gray Capital’s second acquisition in 2024, following the company’s buy of the 444-unit River Club Apartments in April. Gray Capital has been diligently pursuing opportunities as the multifamily market emerges from a period of lower investment activity, and their investment in Solana at the Crossing reflects their continued confidence in the growth of Indianapolis and the multifamily market.
Gray Capital has now bought over $112M of multifamily real estate so far in 2024 across 824 units and two properties.
Gray Capital’s plot for Solana at the Cross includes several moderate upgrades and improvements to the property. New kitchen plumbing hardware and lights, new smart home technology in 100% of all units, private fenced in yards for select units, further activation of the White River waterfront, as well as a new exterior paint scheme and the installation of EV chargers will further increase appeal for the property.
“The Indianapolis apartment market has been remarkably resilient. Its strong, stable performance has led it to outperform more volatile markets in the country, and we project continued growth, given the magnitude of housing demand in Indianapolis and nationally,” said Spencer Gray.

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The NRP Group Breaks Ground on 288-Unit The Fielder Workforce Housing Development in Rapidly Growing Dallas Submarket of Mesquite

MESQUITE, TX -The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with the City of Mesquite Housing Finance Corporation, announced the financial closing and groundbreaking of The Fielder, a 288-unit affordable housing community in Mesquite, Texas. Units will be reserved for residents earning between 50 to 70 percent of the Area Median Income (AMI).
In a city facing a severe workforce housing shortage, this development will provide much-needed affordable housing during a time when more than half of Mesquite renters are cost-burdened,” said Nick Walsh, Vice President of Development at The NRP Group. “We are incredibly honored to partner with the City of Mesquite and its Housing Finance Corporation to bring high-quality, affordable housing to the area at such a critical time.
The Fielder is located at 1300 Wooded Lake Drive, near the intersection of Interstate 30 and LBJ Freeway. The development offers simple access to downtown Dallas and is minutes away from the newly completed Urban District 30 – a one million square-foot industrial park that spans 82 acres. As the Dallas region s population growth soars, The Fielder will accommodate employees in the surrounding area. The affordable housing development is the first partnership between a developer and the City of Mesquite.
The NRP Group has been an exceptional partner throughout this process. They are committed to bringing a quality development to our community that will help us achieve our goals for diverse housing options. The Fielder is an vital step in providing the workforce housing needed in our community, said Mayor of Mesquite Daniel Alemán Jr.
The Fielder can accommodate both working professionals and growing families, with floorplans that include one-to-four-bedroom units. Additionally, resident services will include essential health and wellness screenings, after-school programs, and financial literacy training. The development will also feature best-in-class amenities including a pool, fitness center, community garden, dog park and numerous playgrounds.
This investment in Mesquite was made possible through housing tax credit equity and construction financing from Bank of America, with permanent financing provided by Bellwether Enterprise Real Estate Capital.
The Dallas metro area remains a priority market for The NRP Group. The firm has developed over 6,000 units across 27 properties in the region. Construction of The Fielder is already underway. The community is expected to deliver in 2026.

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